To The Moon

In May, ETFs attracted $87.4 billion, nearly three times the amount in April, with U.S. low-cost large-cap ETFs performing particularly well.

As the U.S. stock market reached new highs, a substantial amount of funds flowed into ETFs in May. $Investors(ISBC)$ injected $87.4 billion into this sector, nearly three times the total amount in April, which saw inflows of $31.2 billion.

The S&P 500 index rose nearly 5% in May, surpassing 5,300 points for the first time.

Over the past five months, ETFs listed in the U.S. have netted $317.7 billion in cash, significantly higher than last year's $146.8 billion.

U.S. equity ETFs captured the largest share of new assets with $51.6 billion. They were followed by U.S. fixed income ETFs with $17.4 billion, and international equity ETFs with $13.1 billion.

Year-to-date data shows that U.S. equity ETFs are in the lead, with $174.7 billion in inflows, followed by U.S. fixed income ETFs with $68.1 billion, and international equity ETFs with $43.3 billion.

The list of the largest funds by inflows in May is dominated by familiar low-cost, large-cap ETFs. Vanguard S&P 500 ETF (VOO), SPDR S&P 500 ETF Trust (SPY), and $Invesco QQQ(QQQ)$ Trust (QQQ) each attracted over $5.6 billion in new assets during the month, while the iShares iBoxx USD High Yield Corporate Bond ETF (HYG) saw nearly $2 billion in inflows, the highest among all fixed income funds.

On the other hand, the $JPMorgan Alerian MLP Index ETN(AMJ)$ (AMJ), Direxion Daily Semiconductor Bull 3X Shares (SOXL), and $iShares Russell 2000 ETF(IWM)$ (IWM) topped the list of outflows, each with over $2 billion in redemptions.

Below are the complete lists of the largest inflows and outflows for May 2025 and for January to May 2024.

$(SPY)$ $(QQQ)$ $(IVV)$ $(VOO)$ $(HYG)$ $(AMJ)$ $(SOXL)$ $(IWM)$ $(QQQM)$ $(BND)$