Investors poured $210 billion into U.S.-listed ETFs in June, pushing year-to-date inflows to $1 trillion, with inflows expected to hit $2 trillion in 2026 if the current pace continues.
U.S. equity funds did most of the heavy lifting for the month, gaining $103 billion. Fixed income funds followed with $46 billion, international equity ETFs added $37 billion, and leveraged products added $15 billion. The two categories in the red were commodities, which lost $6 billion, and currency ETFs, which lost $4.6 billion.
The background was strong. U.S. stocks rose to new records in the second quarter after hitting a one-year low at the end of the first quarter as a war involving Iran, Israel and the U.S. rattled markets. Mid-year, the S&P 500 is up more than 10% and the Nasdaq-100 is up more than 20%.
International stocks also fared well, rising about 14%, while bonds rose marginally.
IVV, DRAM Lead
Flow data obtained by FactSet showed iShares Core S&P 500 ETF (IVV) at the top of the June leaderboard.
He was immediately behind him Roundhill Memory ETF (DRAM)a breakout hit that became one of the fastest growing ETFs of all time. The fund raised nearly $10 billion in the month, increasing its assets by more than $25 billion. Another AI winner, the iShares Semiconductor ETF (SOXX)raised $4.1 billion.
The returns for both ETFs were excellent. SOXX is up 113% this year, most of that in the second quarter, and DRAM is up 166% since launching in April.
Other winners and losers
Other standouts on the inflow side are included iShares Systematic Alternatives Active ETF (IALT)which received $4.3 billion in exemplary portfolio or institutional distributions. The iShares 0-3 Month Treasury Bond ETF (SGOV) added nearly $4 billion, making it June’s biggest fixed-income winner.
The column of outflows was headed by v iShares MSCI EAFE Value ETF (EFV)which lost $5.6 billion. The ETF has gained 10% in the first half of the year, which is respectable but lags behind the broader international category.
Another fund of value, iShares MSCI USA Value Factor ETF (VLUE)gave up $5.4 billion despite being one of the top performers of any fund this year, up 47% thanks to timely stakes in Micron and Cisco, two technology names that have soared.
Completing the list of June outflows iShares Bitcoin Trust (IBIT) and SPDR Gold Shares (GLD)which lost $3.4 and $3.2 billion. Both Bitcoin and Gold had a rough year, down 33% and 7% respectively.
A complete list of the largest inflows and outflows for June and for 2026 to date is provided in the tables below.
