Investors Pull $3.7B From ETFs in Rare Weekly Outflow
U.S. equity funds shed $26.6 billion during the holiday-shortened week, though bonds and international stocks cushioned the hit.
Investors pulled $3.7 billion out of U.S.-listed ETFs during the week ending Friday, July 3, a rare outflow in a year when inflows have been relentless. The holiday-shortened schedule around the Fourth of July muted overall activity, but the reversal still stands out.
ETF inflows crossed $1 trillion in just six months this year, keeping 2026 on track for a record.
U.S. equity ETFs took the brunt of the selling last week, shedding $26.6 billion. Currency ETFs lost $1.2 billion, commodities gave back $904 million, and inverse ETFs dropped $485 million.
Fixed income and international stocks softened the blow. U.S. fixed income ETFs pulled in $15.2 billion, while international equity ETFs added $6.2 billion.
Among individual funds, the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) was near the top with $2.9 billion, followed by the Roundhill Memory ETF (DRAM) with more than $2 billion.
The Vanguard Total International Stock ETF (VXUS) took in $1.5 billion and the Principal Capital Appreciation Select ETF (LCAP) added $1.4 billion, both landing in the top 10.
For a full list of the top inflows and outflows from last week, see the tables below.
Top 10 Creations (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change< |
| VOO | Vanguard S&P 500 ETF | 10,689.78 | 981,121.63 | 1.09 |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | 2,945.12 | 34,747.71 | 8.48 |
| SPYM | SPDR Portfolio S&P 500 ETF | 2,446.13 | 155,427.02 | 1.57 |
| RSP | Invesco S&P 500 Equal Weight ETF | 2,042.59 | 95,208.35 | 2.15 |
| DRAM | Roundhill Memory ETF | 1,788.33 | 24,585.10 | 7.27 |
| VXUS | Vanguard Total International Stock ETF | 1,539.80 | 154,333.71 | 1.00 |
| BND | Vanguard Total Bond Market ETF | 1,536.28 | 160,046.88 | 0.96 |
| LCAP | Principal Capital Appreciation Select ETF | 1,442.61 | 1,826.91 | 78.96 |
| VTI | Vanguard Total Stock Market ETF | 1,435.19 | 662,274.02 | 0.22 |
| QQQ | Invesco QQQ Trust Series I | 1,378.71 | 488,908.11 | 0.28 |
Top 10 Redemptions (All ETFs)
| Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
| IWD | iShares Russell 1000 Value ETF | -8,047.54 | 80,526.20 | -9.99 |
| SPY | SPDR S&P 500 ETF Trust | -7,378.16 | 782,107.94 | -0.94 |
| IWF | iShares Russell 1000 Growth ETF | -6,635.07 | 126,953.50 | -5.23 |
| VONG | Vanguard Russell 1000 Growth ETF | -4,958.58 | 44,464.91 | -11.15 |
| IWR | iShares Russell Midcap ETF | -3,951.09 | 56,893.28 | -6.94 |
| VONV | Vanguard Russell 1000 Value ETF | -3,790.36 | 20,046.78 | -18.91 |
| IVV | iShares Core S&P 500 ETF | -2,752.33 | 885,425.91 | -0.31 |
| VTWO | Vanguard Russell 2000 ETF | -2,557.16 | 17,846.32 | -14.33 |
| PVAL | Putnam Focused Large Cap Value ETF | -2,106.28 | 12,000.54 | -17.55 |
| IYW | iShares U.S. Technology ETF | -1,959.23 | 25,012.52 | -7.83 |
ETF Weekly Flows By Asset Class
| Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
| Alternatives | 1,224.00 | 141,594.19 | 0.86% |
| Asset Allocation | 279.67 | 42,215.92 | 0.66% |
| Commodities E T Fs | -903.95 | 308,589.33 | -0.29% |
| Currency | -1,244.95 | 90,489.08 | -1.38% |
| International Equity | 6,162.25 | 2,817,483.41 | 0.22% |
| International Fixed Income | 2,223.97 | 436,200.01 | 0.51% |
| Inverse | -484.57 | 13,170.04 | -3.68% |
| Leveraged | 311.61 | 197,814.42 | 0.16% |
| Us Equity | -26,588.88 | 9,557,031.28 | -0.28% |
| Us Fixed Income | 15,271.27 | 2,141,075.61 | 0.71% |
| Total: | -3,749.59 | 15,745,663.29 | -0.02% |
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.
