US equities dominated ETF flows this week. Investors added a net $37.1B to US-focused funds in just seven days. That is more than double the next-best geography, with Japan drawing $6.4B and Global funds taking in $5.6B.
The US flow imbalance sits at 66.9 — firmly in buying-pressure territory. Over three months, the lead holds. US funds attracted a massive $389.5B in net flows, confirming this is not a short-term spike.
Japan is the standout international winner over both timeframes. It pulled in $6.4B this week and $67.7B over three months. Emerging Markets added $1.6B on the week, sustaining a solid $18.9B trend over 90 days.
South Korea flipped sharply negative this week. It posted a $1.2B outflow with a flow imbalance of just 29.9 — strong selling pressure. Over three months, South Korea was actually a $38.2B inflow story. That reversal is the week's clearest trend shift. Latin America and Israel also saw net selling this week, both with negligible buying pressure.
Financials took the heaviest sector hit this week, bleeding $2.7B. Its flow imbalance of 18.0 signals heavy selling. Over three months, Financials attracted $3.7B — another sharp reversal worth watching.
Energy flipped positive this week with $515M in net inflows after running a $6.1B outflow over the past three months. That is a notable reversal. Industrials gained $207M this week and $5.4B over three months, showing consistent demand. Information Technology stayed broadly flat on the week ($89M) despite $8.97B in gross inflows, pointing to aggressive two-way trading. Over three months, IT leads all sectors with $58.3B in net flows. Consumer Discretionary is consistently weak — down $534M this week and $477M over three months.
Equities remain the dominant asset class by far. They absorbed $57.6B net this week and $748.6B over three months. Fixed Income is steady and growing. It took in $18.1B this week and $237.9B over three months, with a healthy flow imbalance of 72.7.
Commodities show a striking reversal. They pulled in $7.0B this week — but over three months they are in net outflow to the tune of $24.9B. Buyers appear to be returning after a difficult quarter. Currencies also swung positive this week ($2.4B) after a $2.8B three-month outflow.
Active management continues to win share. It attracted $12.5B this week versus Vanilla's $39.4B, but Active's flow imbalance of 76.0 outpaces Vanilla's 66.8. Over three months, Active drew $221.5B — 60% of Vanilla's take despite a fraction of the AUM. Dividends strategies held steady with solid demand on both timeframes. Price-weighted strategies suffered a $2.8B outflow this week, reversing a positive three-month trend.
Overall, the tone is clearly risk-on. Money is flowing into equities, commodities are recovering, and active managers are capturing growing wallet share.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
