SPY Adds $2B as Market Soars on China Tariff Cut
- SPY led inflows on Monday as investors jumped back into stocks.
- ETFs collected $6B amid the 3% market surge.
The SPDR S&P 500 ETF Trust (SPY) pulled in more than $2 billion Monday, increasing its assets under management to $578 billion, according to data provided by FactSet. This major inflow came as U.S. stocks soared, with the Dow Jones Industrial Average gaining 1160 points after the U.S. and China agreed to temporarily reduce tariffs.
The Invesco QQQ Trust (QQQ) attracted $683 million as the Nasdaq-100 jumped 4% on the trade news. The Vanguard S&P 500 ETF (VOO) added $590 million, while the iShares Bitcoin Trust ETF (IBIT) gained $356.2 million amid the broad market rally.
On the outflow side, the Health Care Select Sector SPDR Fund (XLV) saw redemptions of $538 million as defensive sectors lagged. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) experienced outflows of $437 million, while the Direxion Daily Semiconductor Bull 3x Shares (SOXL) lost $150 million.
U.S. equity led asset classes with inflows of $3.9 billion as investors rushed back into risk assets, while international fixed income attracted $936 million. Overall, ETFs gained $6 billion in net inflows as markets reacted positively to U.S. tariffs on Chinese goods dropping to 30% from 145%.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| SPY | SPDR S&P 500 ETF Trust | 2,003.51 | 577,847.24 | 0.35% |
| QQQ | Invesco QQQ Trust Series I | 683.34 | 305,844.09 | 0.22% |
| VOO | Vanguard S&P 500 ETF | 590.40 | 621,795.43 | 0.09% |
| IBIT | iShares Bitcoin Trust ETF | 356.20 | 64,454.30 | 0.55% |
| JAAA | Janus Detroit Street Trust Janus Henderson AAA CLO ETF | 323.14 | 20,902.86 | 1.55% |
| VB | Vanguard Small-Cap ETF | 213.57 | 59,472.76 | 0.36% |
| XLF | Financial Select Sector SPDR Fund | 196.95 | 49,758.51 | 0.40% |
| SQQQ | ProShares UltraPro Short QQQ | 172.74 | 3,160.29 | 5.47% |
| USHY | iShares Broad USD High Yield Corporate Bond ETF | 153.38 | 21,589.74 | 0.71% |
| EFV | iShares MSCI EAFE Value ETF | 147.87 | 21,391.17 | 0.69% |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| XLV | Health Care Select Sector SPDR Fund | -537.47 | 34,579.38 | -1.55% |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | -437.40 | 28,879.22 | -1.51% |
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | -150.38 | 10,038.61 | -1.50% |
| IWF | iShares Russell 1000 Growth ETF | -149.97 | 99,749.30 | -0.15% |
| XLC | Communication Services Select Sector SPDR Fund | -131.21 | 20,687.80 | -0.63% |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | -117.79 | 14,896.50 | -0.79% |
| SGOV | iShares 0-3 Month Treasury Bond ETF | -115.54 | 46,834.80 | -0.25% |
| SPIB | SPDR Portfolio Intermediate Term Corporate Bond ETF | -99.02 | 9,188.69 | -1.08% |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | -96.10 | 46,952.76 | -0.20% |
| IJR | iShares Core S&P Small Cap ETF | -88.13 | 76,080.49 | -0.12% |
ETF Daily Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 8.69 | 9,790.88 | 0.09% |
| Asset Allocation | 13.44 | 24,015.89 | 0.06% |
| Commodities ETFs | 210.40 | 212,849.51 | 0.10% |
| Currency | 282.16 | 135,588.99 | 0.21% |
| International Equity | 542.23 | 1,718,943.88 | 0.03% |
| International Fixed Income | 936.33 | 283,152.49 | 0.33% |
| Inverse | 199.95 | 15,283.66 | 1.31% |
| Leveraged | -200.05 | 113,590.55 | -0.18% |
| US Equity | 3,858.31 | 6,498,556.81 | 0.06% |
| US Fixed Income | 183.60 | 1,647,559.24 | 0.01% |
| Total: | 6,035.06 | 10,659,331.90 | 0.06% |
Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.
