Four ETFs Close to $100B as Flows Top $1 Trillion

Four exchange-traded funds neared the $100 billion asset mark in mid-July 2026, according to industry data: Invesco’s QQQM at $99 billion, Schwab’s SCHD at $99 billion, iShares’ SGOV at $98 billion and Invesco’s RSP at $96 billion. The ETF industry recorded more than $1 trillion of net new inflows in the first half of 2026.

QQQM, the Invesco Nasdaq 100 ETF launched in 2020, held about $99 billion by mid-July and drew roughly $17 billion in net inflows year-to-date through July 15. QQQM tracks the Nasdaq-100 index and offers a lower expense ratio than its larger sibling, QQQ. The fund’s market value rose about 17% year-to-date through mid-July.

Schwab’s U.S. Dividend Equity ETF, SCHD, sat near $99 billion after taking in about $14 billion in 2026. The fund focuses on established dividend-paying companies, including Abbott Laboratories and Home Depot, and posted a near 19% gain for the period through mid-July.

iShares’ SGOV, a 0–3 month Treasury bond ETF, held about $98 billion by mid-July and became the largest ultra-short bond ETF. SGOV holds Treasury bills with maturities under three months and offered a trailing distribution yield of roughly 3.8% as of mid-July 2026. The fund attracted about $29 billion of net inflows year-to-date and posted a market value increase near 1.9% for the period.

Invesco’s S&P 500 Equal Weight ETF, RSP, reached about $96 billion after adding roughly $12 billion in 2026. RSP assigns equal weight to each S&P 500 company, which lowers concentration in the largest technology firms and increases the relative weight of smaller sectors such as industrials and utilities. The fund rose about 12% year-to-date through mid-July.

Combined, the four ETFs added roughly $72 billion in net inflows through mid-July 2026. Data from the period show that SPY was the first ETF to reach the $100 billion threshold historically, and nearly two dozen funds have reached that level since.

ETFs pool investor capital to track indexes or strategies and trade like stocks on exchanges. Market-cap-weighted ETFs allocate holdings based on company size, which concentrates ownership in the largest issuers. Equal-weight ETFs give each constituent the same weight, creating different sector and company exposures. Ultra-short Treasury ETFs hold very short-dated government securities and are commonly used as cash-management or parking vehicles by investors.