ETF Daily Fund Inflow Report Date: November 5, 2025

Headline: Growth and Broad Market ETFs Attract Largest Inflows as Investor Optimism Persists

Market Overview
Today’s fund flows underscored a clear preference for equity-focused strategies, with growth-oriented and broad-market ETFs capturing the majority of net inflows. The top 10 list featured six S&P 500-linked products, two technology-sector funds, and one emerging markets ETF, suggesting a risk-on bias among investors. While the 20+ Year Treasury Bond ETF (TLT) attracted modest capital, its relatively low year-to-date performance (1.87%) highlighted the limited appeal of fixed income compared to equities. The inflows may reflect sustained confidence in large-cap stocks and growth sectors, potentially aligning with expectations of stable earnings growth or accommodative monetary policy, though no recent central bank announcements were directly referenced in the data.

ETF Highlights
The SPDR S&P 500 ETF Trust (SPY) led the day’s flows with $2.58B in net inflows, reinforcing its role as a benchmark proxy for the U.S. equity market. With $695.36B in assets under management, SPY’s inflow could indicate demand for broad-market exposure amid a generally positive risk environment. Similarly, the Vanguard S&P 500 ETF (VOO) added $779.92M, bringing its AUM to $792.98B, underscoring the scale of institutional and retail interest in core equity strategies. Both funds have delivered YTD returns of approximately 15.6%, aligning with the S&P 500’s resilience in 2025.

Technology and growth sectors also drew significant capital. The Vanguard Information Technology ETF (VGT) took in $1.64B, with its 25.10% YTD gain reflecting the sector’s outperformance. The iShares Semiconductor ETF (SOXX), up 41.76% YTD, added $259.64M, pointing to continued enthusiasm for innovation-driven plays despite macroeconomic uncertainties. The Invesco NASDAQ 100 ETF (QQQM), with $68.01B in AUM, attracted $520.67M, likely benefiting from its concentration in high-growth tech and internet companies.

Emerging markets saw a notable $328.51M inflow into the Vanguard FTSE Emerging Markets ETF (VWO), which has surged 24.43% YTD. This may signal a rotation toward emerging economies, possibly driven by improving global growth prospects or sector-specific outperformance. Conversely, the iShares 20+ Year Treasury Bond ETF (TLT)’s $217.33M inflow, while positive, trailed equity flows, with its modest 1.87% YTD return highlighting the challenges of fixed income in a low-yield environment.

Notable Trends
The dominance of S&P 500 ETFs in both inflow volume and AUM underscores their role as safe-haven proxies in uncertain markets. Meanwhile, the strong performance of growth-oriented funds like SOXX and VGT suggests investors are extending duration in high-conviction sectors, potentially reflecting confidence in innovation cycles or sectoral leadership. The inflow into VWO also stands out, as emerging markets have historically been volatile but appear to have gained traction amid improving risk sentiment.

Conclusion
Today’s flows may signal a continuation of the year-long trend favoring large-cap equities and growth sectors, with investors seemingly prioritizing momentum and earnings potential over defensive positioning. The strong YTD performance of top inflow recipients further reinforces this theme, indicating that recent gains have not deterred new capital. While the bond market’s muted response suggests limited near-term demand for risk-off positioning, the scale of equity inflows highlights a broadly optimistic outlook—albeit one concentrated in well-established, liquid strategies.