QQQ Loses $326M as Nasdaq Enters Correction
The Invesco QQQ Trust (QQQ) saw outflows of $326.4 million as the Nasdaq Composite tumbled into correction territory Thursday, according to etf.com daily fund flows data. The tech-heavy ETF experienced redemptions amid broad market declines driven by trade policy concerns.
Meanwhile, the Vanguard S&P 500 ETF (VOO) led all ETFs with $955.9 million in inflows, while ProShares UltraPro QQQ (TQQQ) attracted $937 million. The Capital Group Dividend Value ETF (CGDV) pulled in $932 million, adding 6.2% to its $15.1 billion in assets.
On the outflows side, the iShares MSCI EAFE Growth ETF (EFG) saw outflows of $298 million, while the SPDR Portfolio Short Term Corporate Bond ETF (SPSB) experienced outflows of $249 million, down 2.9% from its asset base.
ETFs recorded total net inflows of $7.16 billion for the day, with U.S. equity funds pulling in nearly $2.3 billion and U.S. fixed income adding $2.31 billion. Leveraged ETFs saw inflows of $1.4 billion as volatility spiked following the Dow's 400-point decline.
Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
955.89 | 612,125.91 | 0.16% | ||
937.00 | 22,866.36 | 4.10% | ||
932.02 | 15,102.20 | 6.17% | ||
652.46 | 31,687.89 | 2.06% | ||
471.04 | 39,218.96 | 1.20% | ||
452.72 | 21,993.67 | 2.06% | ||
362.84 | 83,237.14 | 0.44% | ||
343.13 | 20,585.19 | 1.67% | ||
324.86 | 31,948.38 | 1.02% | ||
248.54 | 126,720.53 | 0.20% |
Ticker | Name | Net Flows ($, mm) | AUM ($, mm) | AUM % Change |
-326.43 | 317,412.35 | -0.10% | ||
-298.66 | 34,855.97 | -0.86% | ||
-297.97 | 13,876.72 | -2.15% | ||
-253.86 | 36,281.52 | -0.70% | ||
-248.81 | 8,507.53 | -2.92% | ||
-230.62 | 13,223.24 | -1.74% | ||
-220.96 | 2,106.29 | -10.49% | ||
-174.93 | 619,623.04 | -0.03% | ||
-166.59 | 459,699.52 | -0.04% | ||
-161.24 | 84,140.30 | -0.19% |
| Net Flows ($, mm) | AUM ($, mm) | % of AUM |
Alternatives | -180.53 | 9,618.47 | -1.88% |
Asset Allocation | 32.34 | 23,352.86 | 0.14% |
Commodities ETFs | 124.56 | 182,174.38 | 0.07% |
Currency | -95.12 | 114,999.23 | -0.08% |
International Equity | 1,151.71 | 1,656,971.45 | 0.07% |
International Fixed Income | 327.01 | 278,445.95 | 0.12% |
Inverse | -206.80 | 12,414.93 | -1.67% |
Leveraged | 1,397.49 | 120,292.17 | 1.16% |
US Equity | 2,298.56 | 6,651,274.87 | 0.03% |
US Fixed Income | 2,313.98 | 1,621,171.74 | 0.14% |
Total: | 7,163.20 | 10,670,716.05 | 0.07% |
Disclaimer: All data as of 6 a.m. ET, 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.