SPY Adds $2B as Market Soars on China Tariff Cut

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The SPDR S&P 500 ETF Trust (SPY) pulled in more than $2 billion Monday, increasing its assets under management to $578 billion, according to data provided by FactSet. This major inflow came as U.S. stocks soared, with the Dow Jones Industrial Average gaining 1160 points after the U.S. and China agreed to temporarily reduce tariffs.

The Invesco QQQ Trust (QQQ) attracted $683 million as the Nasdaq-100 jumped 4% on the trade news. The Vanguard S&P 500 ETF (VOO) added $590 million, while the iShares Bitcoin Trust ETF (IBIT) gained $356.2 million amid the broad market rally.

On the outflow side, the Health Care Select Sector SPDR Fund (XLV) saw redemptions of $538 million as defensive sectors lagged. The iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) experienced outflows of $437 million, while the Direxion Daily Semiconductor Bull 3x Shares (SOXL) lost $150 million.

U.S. equity led asset classes with inflows of $3.9 billion as investors rushed back into risk assets, while international fixed income attracted $936 million. Overall, ETFs gained $6 billion in net inflows as markets reacted positively to U.S. tariffs on Chinese goods dropping to 30% from 145%.

Top 10 Creations (All ETFs)

Ticker

Name

Net Flows ($, mm)

AUM ($, mm)

AUM % Change

SPY

SPDR S&P 500 ETF Trust

2,003.51

577,847.24

0.35%

QQQ

Invesco QQQ Trust Series I

683.34

305,844.09

0.22%

VOO

Vanguard S&P 500 ETF

590.40

621,795.43

0.09%

IBIT

iShares Bitcoin Trust ETF

356.20

64,454.30

0.55%

JAAA

Janus Detroit Street Trust Janus Henderson AAA CLO ETF

323.14

20,902.86

1.55%

VB

Vanguard Small-Cap ETF

213.57

59,472.76

0.36%

XLF

Financial Select Sector SPDR Fund

196.95

49,758.51

0.40%

SQQQ

ProShares UltraPro Short QQQ

172.74

3,160.29

5.47%

USHY

iShares Broad USD High Yield Corporate Bond ETF

153.38

21,589.74

0.71%

EFV

iShares MSCI EAFE Value ETF

147.87

21,391.17

0.69%

Top 10 Redemptions (All ETFs)

Ticker

Name

Net Flows ($, mm)

AUM ($, mm)

AUM % Change

XLV

Health Care Select Sector SPDR Fund

-537.47

34,579.38

-1.55%

LQD

iShares iBoxx $ Investment Grade Corporate Bond ETF

-437.40

28,879.22

-1.51%

SOXL

Direxion Daily Semiconductor Bull 3x Shares

-150.38

10,038.61

-1.50%

IWF

iShares Russell 1000 Growth ETF

-149.97

99,749.30

-0.15%

XLC

Communication Services Select Sector SPDR Fund

-131.21

20,687.80

-0.63%

HYG

iShares iBoxx $ High Yield Corporate Bond ETF

-117.79

14,896.50

-0.79%

SGOV

iShares 0-3 Month Treasury Bond ETF

-115.54

46,834.80

-0.25%

SPIB

SPDR Portfolio Intermediate Term Corporate Bond ETF

-99.02

9,188.69

-1.08%

BIL

SPDR Bloomberg 1-3 Month T-Bill ETF

-96.10

46,952.76

-0.20%

IJR

iShares Core S&P Small Cap ETF

-88.13

76,080.49

-0.12%

ETF Daily Flows By Asset Class

 

Net Flows ($, mm)

AUM ($, mm)

% of AUM

Alternatives

8.69

9,790.88

0.09%

Asset Allocation

13.44

24,015.89

0.06%

Commodities ETFs

210.40

212,849.51

0.10%

Currency

282.16

135,588.99

0.21%

International Equity

542.23

1,718,943.88

0.03%

International Fixed Income

936.33

283,152.49

0.33%

Inverse

199.95

15,283.66

1.31%

Leveraged

-200.05

113,590.55

-0.18%

US Equity

3,858.31

6,498,556.81

0.06%

US Fixed Income

183.60

1,647,559.24

0.01%

Total:

6,035.06

10,659,331.90

0.06%

Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data are believed to be accurate; however, transient market data are often subject to subsequent revision and correction by the exchanges.