ETFs reach $14.7T as April adds $171B; S&P funds lead
ETFs reached $14.7 trillion in AUM after April net inflows of $171.45 billion, led by nearly $46.7 billion into three S&P 500 trackers, including $25.19 billion into VOO.
Exchange-traded funds held about $14.7 trillion in assets after April produced $171.45 billion in net inflows, bringing year-to-date ETF flows to roughly $636.8 billion.
Equity ETFs accounted for most of April’s activity, taking in about $142.68 billion of the month’s total. U.S. equity funds recorded roughly $101.26 billion in net inflows. The three largest S&P 500 trackers together attracted nearly $46.7 billion in April. Vanguard’s S&P 500 ETF (VOO) led all funds with $25.19 billion, followed by the SPDR S&P 500 ETF Trust (SPY) with $14.57 billion and the SPDR Portfolio S&P 500 ETF (SPYM) with $7.01 billion. The Vanguard Total Stock Market ETF (VTI) added $5.54 billion and the Vanguard Total World Stock ETF (VT) drew $3.03 billion.
Technology-focused funds also saw large inflows. The Invesco QQQ Trust (QQQ) took in $9.06 billion and the lower-cost Invesco NASDAQ 100 ETF (QQQM) added $3.12 billion, a combined total above $12 billion. The Vanguard Information Technology ETF (VGT) attracted about $3.04 billion.
Flows in semiconductors showed a split between long and short exposures. The VanEck Semiconductor ETF (SMH) collected about $3.87 billion in April, while the Direxion Daily Semiconductor Bear 3X ETF (SOXS), a leveraged inverse product, drew about $2.47 billion.
Fixed income ETFs held roughly $2.46 trillion in AUM and recorded about $31.45 billion of net inflows in April and approximately $201.73 billion year to date. Core corporate bond funds including the iShares Broad USD High Yield Corporate Bond ETF (USHY), the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and the Vanguard Intermediate-Term Corporate Bond ETF (VCIT) each registered about $2 billion of net inflows in April.
Other segments saw mixed flows. Leveraged ETFs posted net outflows of about $14.07 billion in April and are negative year to date. Inverse ETFs had inflows of roughly $4.75 billion in April and $8.22 billion year to date. Commodity-focused ETFs recorded a net outflow of about $928 million in April. International equity funds represented about 29% of equity net flows for the month.
April’s monthly totals were $171,453 million in net flows, year-to-date net flows were $636,813.37 million, and total industry AUM was $14,740,540.12 million.
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