ETF Inflows Hit $725 Billion YTD as DRAM Stays Hot
U.S.-listed ETFs gathered $61.1 billion in net inflows during the week ending Friday, May 15, pushing year-to-date inflows to nearly $725 billion.
U.S.-listed ETFs gathered $61.1 billion in net inflows during the week ending Friday, May 15, pushing year-to-date inflows to nearly $725 billion.
U.S. equity ETFs led the way with $23.5 billion of inflows, followed closely by international equity ETFs at $19.4 billion. Fixed-income ETFs added another $13.4 billion.
Currency ETFs were the lone major asset class to post outflows, shedding $847 million.
Stocks continued to hit record highs last week while bond ETFs moved in the opposite direction. The yield on the 30-year Treasury bond climbed to a 19-year high amid concerns about inflation and rising government debt levels, pressuring long-duration bond funds.
Among individual ETFs, the ARK Innovation ETF (ARKK) topped the inflow leaderboard with $5.9 billion in creations. The move appeared unusual given the ETF’s recent performance. ARKK has lagged in 2026 with a 4.3% loss on the year, suggesting the inflows may have reflected a heartbeat trade rather than a sudden surge in investor demand.
One fund that does appear to be seeing sustained investor interest is the Roundhill Memory ETF (DRAM), which pulled in another $3.6 billion last week. According to FactSet data, the ETF now holds $10.4 billion in assets under management, making it the fastest ETF on record to surpass the $10 billion mark—just six weeks after launch.
Broader technology-focused funds were also in high demand. The Invesco QQQ Trust (QQQ) gathered $5.9 billion of inflows during the week, while the Invesco NASDAQ 100 ETF (QQQM) added $1.5 billion.
On the outflows side, the SPDR Dow Jones Industrial Average ETF Trust (DIA), the Schwab Fundamental U.S. Large Company ETF (FNDX) and the Schwab Fundamental U.S. Small Company ETF (FNDA) led the list.
For a full breakdown of last week’s top inflows and outflows, see the tables below.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change< |
| ARKK | ARK Innovation ETF | 5,927.05 | 12,488.70 | 47.46 |
| QQQ | Invesco QQQ Trust Series I | 5,925.95 | 472,612.64 | 1.25 |
| VOO | Vanguard S&P 500 ETF | 3,788.95 | 972,474.16 | 0.39 |
| DRAM | Roundhill Memory ETF | 3,594.08 | 10,402.04 | 34.55 |
| SPY | SPDR S&P 500 ETF Trust | 3,588.24 | 776,420.62 | 0.46 |
| IVV | iShares Core S&P 500 ETF | 2,643.64 | 836,013.84 | 0.32 |
| SCHG | Schwab U.S. Large-Cap Growth ETF | 2,480.03 | 60,039.75 | 4.13 |
| SGOV | iShares 0-3 Month Treasury Bond ETF | 1,622.92 | 88,607.31 | 1.83 |
| QQQM | Invesco NASDAQ 100 ETF | 1,489.31 | 92,789.02 | 1.61 |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | 1,164.38 | 66,336.69 | 1.76 |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | -1,921.91 | 42,486.58 | -4.52 |
| FNDX | Schwab Fundamental U.S. Large Company ETF | -1,351.75 | 25,023.07 | -5.40 |
| FNDA | Schwab Fundamental U.S. Small Company ETF | -1,345.72 | 8,796.92 | -15.30 |
| SOXL | Direxion Daily Semiconductor Bull 3x Shares | -851.70 | 22,750.00 | -3.74 |
| KRE | SPDR S&P Regional Banking ETF | -842.52 | 3,464.50 | -24.32 |
| RSP | Invesco S&P 500 Equal Weight ETF | -578.02 | 87,032.15 | -0.66 |
| IWM | iShares Russell 2000 ETF | -576.79 | 78,751.46 | -0.73 |
| XLE | Energy Select Sector SPDR Fund | -548.54 | 40,776.84 | -1.35 |
| IQMM | ProShares GENIUS Money Market ETF | -450.68 | 21,995.30 | -2.05 |
| XLI | Industrial Select Sector SPDR Fund | -410.67 | 30,433.40 | -1.35 |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 656.59 | 130,771.73 | 0.50% |
| Asset Allocation | 279.39 | 40,555.78 | 0.69% |
| Commodities E T Fs | 1,458.40 | 375,022.60 | 0.39% |
| Currency | -846.87 | 130,395.11 | -0.65% |
| International Equity | 19,372.58 | 2,801,488.03 | 0.69% |
| International Fixed Income | 2,457.69 | 416,566.22 | 0.59% |
| Inverse | 650.70 | 14,852.20 | 4.38% |
| Leveraged | 96.94 | 197,381.82 | 0.05% |
| Us Equity | 23,519.25 | 9,271,072.35 | 0.25% |
| Us Fixed Income | 13,426.84 | 2,068,552.17 | 0.65% |
| Total: | 61,071.50 | 15,446,658.01 | 0.40% |
Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.
