ETF Flow Monitor
Wednesday, 22 July 2026 · US$ creation / redemption flows over 20 sessions ·
5 markets, no cross-market aggregate ·
methodologyClick any column header to sort.
† = value unchanged >3 sessions (stale feed or low-turnover fund).
% 52w Hi = price vs its highest close in the trailing 52 weeks.
Percentile ranks each ETF's 20-day flow against its own history since 31 Dec 2020 (or the fund's inception, if later).
Green = creation / near 52w high / RSI oversold; red = redemption / deep drawdown / RSI overbought.
US 5 ETFs
| ETF | AUM $bn | Price $ |
1d Chg | % 52w Hi | RSI 14d |
Flow 20d $m | Pctile | Sh out m |
| SPDR S&P 500SPY | 780.3 | 747.41 | -0.12% | -1.6% | 51.7 | -3,260 | 32 | 1,044.0 |
| Nasdaq 100QQQ | 487.6 | 705.35 | -0.51% | -5.5% | 46.2 | +12,863 | 100 | 691.3 |
| Vanguard GrowthVUG | 221.6 | 85.68 | -0.52% | -5.1% | 48.3 | -920 | 5 | 2,586.8† |
| Vanguard ValueVTV | 187.2 | 219.34 | +0.32% | -0.5% | 57.4 | -1,432 | 5 | 853.6† |
| Vanguard Small-CapVB | 79.7 | 296.19 | -0.27% | -2.3% | 49.9 | -2,024 | 2 | 269.2† |
International 16 ETFs
| ETF | AUM $bn | Price $ |
1d Chg | % 52w Hi | RSI 14d |
Flow 20d $m | Pctile | Sh out m |
| FTSE EuropeVGK | 30.2 | 89.09 | +0.37% | -1.5% | 53.9 | +4 | 39 | 338.8† |
| MSCI EMEEM | 30.2 | 64.99 | -0.54% | -8.7% | 45.7 | +1,368 | 93 | 464.0 |
| MSCI KoreaEWY | 24.1 | 170.43 | -1.43% | -22.2% | 42.9 | +3,664 | 99 | 141.5 |
| MSCI JapanEWJ | 22.2 | 92.19 | -0.59% | -4.9% | 48.0 | -41 | 46 | 240.6 |
| MSCI TaiwanEWT | 11.3 | 101.68 | +1.09% | -8.8% | 49.2 | +702 | 100 | 110.9 |
| MSCI BrazilEWZ | 9.3 | 36.62 | +2.81% | -12.2% | 62.3 | -415 | 3 | 254.6 |
| MSCI IndiaINDA | 6.8 | 48.22 | -1.15% | -12.8% | 42.9 | +60 | 66 | 140.9 |
| MSCI ChinaMCHI | 5.8 | 53.57 | -0.80% | -20.0% | 51.6 | -323 | 12 | 109.0 |
| Latin America 40ILF | 3.8 | 35.41 | +2.08% | -7.1% | 62.1 | -178 | 4 | 107.8 |
| MSCI MexicoEWW | 1.9 | 76.71 | +1.15% | -5.6% | 55.7 | -53 | 36 | 24.2 |
| MSCI AustraliaEWA | 1.5 | 28.86 | +0.63% | -4.6% | 56.4 | -8 | 58 | 50.7 |
| MSCI SingaporeEWS | 0.9 | 32.01 | +1.27% | -0.2% | 69.2 | -60 | 4 | 29.2 |
| MSCI IndonesiaEIDO | 0.4 | 12.67 | -0.24% | -34.1% | 59.1 | +14 | 70 | 31.6 |
| MSCI ThailandTHD | 0.4 | 72.90 | -0.86% | -2.9% | 53.6 | -8 | 29 | 4.8 |
| MSCI MalaysiaEWM | 0.3 | 27.88 | -0.21% | -8.3% | 53.1 | -11 | 17 | 11.6 |
| MSCI PhilippinesEPHE | 0.1 | 25.34 | -1.32% | -10.7% | 54.3 | -6 | 16 | 5.0 |
US & Global Sectors 17 ETFs
| ETF | AUM $bn | Price $ |
1d Chg | % 52w Hi | RSI 14d |
Flow 20d $m | Pctile | Sh out m |
| Technology SelectXLK | 117.8 | 180.27 | -0.28% | -9.1% | 47.9 | +440 | 72 | 653.3 |
| VanEck SemiconductorSMH | 77.6 | 586.91 | +0.48% | -12.3% | 48.0 | +8,682 | 100 | 132.2 |
| Financials SelectXLF | 55.2 | 56.05 | -0.11% | -1.2% | 62.7 | +2,086 | 89 | 984.2 |
| Health Care SelectXLV | 41.5 | 159.43 | -0.51% | -3.0% | 54.4 | +1,213 | 90 | 260.4 |
| Energy SelectXLE | 39.3 | 59.20 | +1.20% | -5.4% | 67.7 | -406 | 41 | 664.3 |
| Industrials SelectXLI | 33.2 | 178.85 | +0.11% | -3.6% | 48.0 | +662 | 84 | 185.4 |
| Utilities SelectXLU | 23.7 | 45.93 | +2.25% | -3.8% | 57.6 | +292 | 67 | 516.1 |
| Comm Svcs SelectXLC | 22.4 | 109.20 | -0.75% | -9.1% | 43.8 | -606 | 8 | 205.4 |
| Cons Disc SelectXLY | 22.3 | 114.02 | -0.74% | -8.4% | 41.9 | +391 | 78 | 195.7 |
| Cons Staples SelectXLP | 14.2 | 84.38 | +0.38% | -6.3% | 50.9 | +288 | 70 | 168.0 |
| BiotechnologyIBB | 9.0 | 187.00 | -1.22% | -5.7% | 52.9 | +199 | 88 | 48.0 |
| Real Estate SelectXLRE | 8.5 | 45.01 | -0.42% | -1.0% | 54.2 | +338 | 90 | 189.9 |
| Materials SelectXLB | 8.4 | 50.82 | +1.44% | -5.2% | 49.6 | +248 | 72 | 166.2 |
| Global HealthcareIXJ | 3.8 | 98.24 | -0.48% | -3.4% | 52.4 | +99 | 83 | 39.0 |
| Global EnergyIXC | 2.7 | 55.04 | +1.38% | -5.5% | 67.8 | +417 | 98 | 48.8 |
| Global IndustrialsEXI | 1.4 | 195.62 | -0.05% | -3.7% | 48.2 | +36 | 82 | 7.3 |
| Global FinancialsIXG | 0.6 | 130.71 | +0.51% | -0.8% | 63.5 | -25 | 23 | 4.5 |
Thematics 12 ETFs
| ETF | AUM $bn | Price $ |
1d Chg | % 52w Hi | RSI 14d |
Flow 20d $m | Pctile | Sh out m |
| SPDR GoldGLD | 131.5 | 379.12 | +1.15% | -23.5% | 50.1 | -4,242 | 1 | 347.0 |
| Roundhill MemoryDRAM | 25.4 | 57.77 | -1.84% | -28.4% | 45.7 | +9,285 | 86 | 440.3 |
| Gold MinersGDX | 23.5 | 76.68 | +3.36% | -33.8% | 50.0 | +130 | 74 | 306.7 |
| Copper MinersCOPX | 7.3 | 79.99 | +2.24% | -16.4% | 53.0 | -158 | 9 | 91.4 |
| Global X Defense TechSHLD | 6.9 | 60.73 | +0.80% | -22.2% | 46.0 | -322 | 1 | 113.8 |
| UraniumURA | 6.1 | 40.97 | +1.79% | -33.7% | 41.8 | +415 | 98 | 149.0 |
| China InternetKWEB | 4.8 | 26.44 | -2.15% | -38.4% | 51.2 | -735 | 5 | 181.6 |
| Robotics & AIBOTZ | 3.5 | 34.89 | +0.00% | -16.2% | 38.2 | +296 | 98 | 100.8 |
| Global Clean EnergyICLN | 2.9 | 18.54 | +0.11% | -21.9% | 38.3 | +220 | 92 | 157.0 |
| ROBO Global RoboticsROBO | 2.0 | 79.40 | +0.03% | -12.1% | 42.4 | +160 | 99 | 25.8 |
| Lithium & BatteryLIT | 1.8 | 69.00 | -0.12% | -24.7% | 34.1 | +176 | 92 | 25.7 |
| Tema Space InnovatorsNASA | 1.6 | 23.27 | -1.77% | -44.4% | 33.0 | -580 | 17 | 67.0 |
Fixed Income 4 ETFs
| ETF | AUM $bn | Price $ |
1d Chg | % 52w Hi | RSI 14d |
Flow 20d $m | Pctile | Sh out m |
| Total BondBND | 397.2 | 72.40 | -0.16% | -3.7% | 36.0 | +4,214 | 100 | 5,486.6 |
| Total Intl BondBNDX | 123.2 | 47.80 | -0.06% | -4.2% | 38.2 | +799 | 58 | 2,577.6 |
| 0-3M TreasurySGOV | 95.9 | 100.60 | +0.00% | -0.1% | 58.8 | +226 | 33 | 953.2 |
| 10-20Y TreasuryTLH | 11.2 | 97.48 | -0.33% | -7.5% | 33.7 | +351 | 84 | 115.1 |
Commentary
Here is the Cross-Asset ETF Flow Briefing — Close of Business Wednesday, 22 July 2026.
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## 1. Tape
Equity flows are deeply bifurcated: tech and semiconductor money is rushing in while value, small-caps, and broad US equity bleed out. International is similarly split — EM Asia (Korea, Taiwan) is absorbing capital at a historic rate, while LatAm and China are being sold on price strength and weakness respectively. Fixed income creations are strong across duration, running counter-cyclical to the equity-risk-on tone in semis.
---
## 2. Strongest Creations
QQQ — Nasdaq 100 (p100, +$12.9bn): The largest 20-day creation on record for QQQ. Rotation *into* Nasdaq despite a –0.5% session signals systematic/institutional rebalancing and month-end index buying — not retail panic-chasing.
SMH — VanEck Semiconductors (p100, +$8.7bn):
Thematic ETFs are more popular than ever, and the memory/semi theme has been dominant in 2026
— SMH is the institutional expression. Flow at max percentile while RSI is neutral (48) means buyers aren't chasing momentum; they're building positions.
EWY — MSCI Korea (p99, +$3.7bn):
EWY offers heavy exposure to companies like Samsung and other Korean chipmakers that are central to AI compute allocation.
The outsized creation alongside EWT (p100) screams conviction on the semiconductor supply chain, not just the US end.
---
## 3. Heaviest Redemptions
GLD — SPDR Gold (p1, –$4.2bn): Massive exit despite gold being up +1.15% on the day. Investors are locking in gains or rotating into equity risk — this is distribution at the top, not panic selling.
SHLD — Global X Defense Tech (p1, –$322m): Defense is up on the day (+0.8%) but flows are at the 1st percentile. Hot money that piled into defense is now rotating out — watch for mean reversion.
VTV / VB — Vanguard Value & Small-Cap (p5 / p2): Both at historic redemption lows. The market is explicitly abandoning the value-and-cyclicals trade in favor of concentrated mega-cap tech. Small-cap (VB) at p2 is a particularly stark crowding signal.
---
## 4. Overbought / Oversold
- EWS (Singapore): RSI 69 — approaching overbought on +1.27% session; watch for reversal.
- XLE (Energy): RSI 68 — extended despite outflows; momentum-price divergence.
- BOTZ / ICLN / LIT: RSI 38, 38, 34 — nearing oversold territory even as flows pour in. Buyers are accumulating into weakness.
- TLH / BND / BNDX: RSI 34–38 — bond funds oversold on price, yet drawing record creations (BND p100), classic "buy the dip" fixed income behavior.
- NASA (Space): RSI 33 — close to oversold, heavy redemptions; avoid the falling knife.
---
## 5. Theme of the Day
AI & Semiconductor Infrastructure Concentration. Capital is pooling into the narrowest AI hardware plays — QQQ (p100), SMH (p100), DRAM (+$9.3bn), BOTZ/ROBO (p98/p99), EWY/EWT — simultaneously across US equity, sectors, thematics, and EM.
First-mover thematic products focused on memory are winning because memory is a bottleneck for AI, with demand far outstripping supply.
This is a coordinated, cross-market bet on the AI capex cycle, not sector rotation.
---
## 6. New ETF Launches
Several relevant launches hit the tape this week.
VistaShares launched the Defense Supercycle ETF (AMMO) and Robotics Supercycle ETF (RTOO) on NYSE Arca
— directly competing with SHLD and BOTZ/ROBO at a moment when defense flows are at p1 and robotics flows are surging.
REX/Tuttle launched the T-REX 2X Long SK Hynix ETF (HYNX) on July 14, and KraneShares launched the Photonic and Optical ETF (LUMA) on July 15.
Also on July 15, the Y'all Street Physical Gold ETF (YSAU) commenced trading on Nasdaq as the first physically-backed gold ETF custodied entirely on American soil.
HYNX and LUMA are squarely in the AI semi supply chain; AMMO/RTOO face an uphill battle given current defense redemptions.
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## 7. Watchlist
GLD outflows vs. gold price. Gold is making session highs while GLD is being redeemed at a 1st-percentile pace. If spot gold breaks to new highs tomorrow and GLD flows don't reverse, it signals physical/futures demand is driving the move — not ETF retail. A flow reversal back into GLD would confirm the rally has legs; continued redemption into strength is a red flag for gold trend followers.