Latest news with #SGOV
Yahoo
17-07-2025
- Business
- Yahoo
TLT Falls Out of Favor as Yields Stabilize Near 5%
30-year Treasury yields hovered near 5% this week, holding close to their highest levels of the cycle. But unlike in 2023, when yields crossed the 5% threshold for the first time in 16 years, ETF investors aren't rushing to buy long-term bonds this time around. The iShares 20+ Year Treasury Bond ETF (TLT), once a go-to play for investors looking to bet on falling rates, has seen a sharp reversal in sentiment. So far in 2025, investors have pulled $2 billion from the fund, bringing its assets under management down to just over $47 billion. That puts TLT behind the iShares 0-3 Month Treasury Bond ETF (SGOV), which recently became the largest Treasury-only ETF in the United States. SGOV now boasts $51.3 billion in assets, reflecting a clear shift in investor preference toward the short end of the yield curve. TLT Demand Drops Off Part of the dropoff in TLT demand is simply due to normalization. In 2022 and 2023, when rates first surged past 4% and 5%, those levels were shocking after more than a decade of near-zero interest rates. But now, with yields holding steady at elevated levels for several years, investors have grown accustomed to this new environment. The initial appeal of 'locking in' high yields has faded. At the same time, long-term Treasurys still face significant headwinds. Inflation concerns remain elevated amid the Trump administration's new round of tariffs. Federal debt worries are mounting in the wake of the administration's recently passed tax and spending bill. And escalating trade tensions have raised questions about foreign demand for U.S. government bonds. Taken together, these risks have tempered enthusiasm for long-duration exposure. While a 5% yield is still attractive—especially if the economy weakens and rates decline—the risk/reward for long bonds looks more balanced today. There are still plenty of catalysts that could push yields even higher. SGOV Gains Traction That may explain why short-term Treasury ETFs like SGOV have been gaining traction. With near-zero interest rate risk, SGOV offers a current 30-day SEC yield of 4.22%, not far behind TLT's 4.92% yield but with much lower duration exposure. Of course, the dynamics could shift. If the Federal Reserve begins cutting rates aggressively, yields on short-term Treasurys will drop. In that scenario, TLT and other long-duration bond ETFs could regain favor as investors seek to lock in higher yields before they disappear. For now, however, investors prefer the safety and flexibility of T-bills over the volatility of long | © Copyright 2025 All rights reserved
Yahoo
09-07-2025
- Business
- Yahoo
BlackRock's Cash-Like ETF Eclipses Infamous Long-Bond Trade
(Bloomberg) -- To see how the 'T-bill-and-chill' mindset is reshaping fixed-income investing, look no further than the diverging fortunes of two BlackRock Inc. exchange-traded funds. Singer Akon's Failed Futuristic City in Senegal Ends Up a $1 Billion Resort Are Tourists Ruining Europe? How Locals Are Pushing Back Can Americans Just Stop Building New Highways? Denver City Hall Takes a Page From NASA Philadelphia Trash Piles Up as Garbage Workers' Strike Drags On The phrase captures a preference for short-term government debt in the aftermath of the Federal Reserve's most aggressive rate hiking cycle in decades — a strategy that delivers steady income without exposure to the monetary-driven whiplash of longer-maturity Treasuries. One fund has emerged as a haven for cautious cash holders. The other continues to fall out of favor. The iShares 0-3 Month Treasury Bond ETF — a five-year-old fund with the ticker SGOV — now manages over $50 billion in assets, more than the iShares 20+ Year Treasury Bond ETF, or TLT. Launched in 2002, the TLT fund — still the most traded bond ETF — had been popular among those seeking to bet aggressively on ups and downs of interest rate moves. The shift reflects how ETF investors are embracing short-term debt that offers reliable yield with minimal volatility, while stepping away from hard-to-price risks tied to the path of monetary policy years out. With the Federal Reserve holding rates steady and inflation still sticky, many are content to sit in cash and earn more than 4%. Over the past five years, SGOV has delivered modest but consistent gains, while TLT — despite drawing tens of billions in inflows — has lost roughly 40% in value, earning its reputation as the 'widow maker' of the ETF world. 'That preference for lower vol, stable income is growing,' said Todd Sohn, senior ETF strategist at Strategas. 'Many investors are now realizing the large amount of volatility that comes with being on the long-end of the curve.' BlackRock's cash-like ETF ranks among the top funds by inflows in 2025, and a similar fund from State Street Corp. hit a record in assets earlier this year. The allure of cash also helped boost money market fund assets to a record above $7 trillion. The tilt toward cash and short-term notes is partially driven by skepticism that long-duration bonds offer enough extra yields to justify the risks — from persistent inflation to growing concerns about the US' fiscal health. Thirty-year bonds tumbled on Tuesday, pushing yields toward 5% for the first time since May, after President Donald Trump signed a $3.4 trillion budget bill into law last week. Meanwhile, a stronger-than-expected jobs report has prompted traders to dial back expectations that the Fed will cut rates from the current range of 4.25%-4.5% soon. A full quarter-point reduction isn't completely priced in until in October. That means by hoarding cash, investors don't have to give up much on yields. SGOV has a yield of about 4.2%, compared with 4.9% in TLT. The volatility of the long-bond fund, however, amounted to levels similar to the S&P 500. 'The extra vol on TLT is just not worth it unless you have a massive pessimistic view on the economy and rates collapse,' Sohn said. BlackRock's Rick Rieder is among investors who are positioned for the yield curve to steepen, and said on Bloomberg Television's ETF IQ last week that there's more opportunity in the stock market at the moment than at the long-end of the Treasury curve. 'There's going to be a point where, gosh, we're going to want to own some duration: TLT allows you to supercharge that duration,' said Rieder. 'I just don't think we need it today.' --With assistance from Katie Greifeld. Will Trade War Make South India the Next Manufacturing Hub? 'Our Goal Is to Get Their Money': Inside a Firm Charged With Scamming Writers for Millions Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate 'Telecom Is the New Tequila': Behind the Celebrity Wireless Boom SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too ©2025 Bloomberg L.P. Inicia sesión para acceder a tu cartera de valores
Yahoo
07-07-2025
- Business
- Yahoo
SGOV: First Ultra-Short-Term Bond ETF to Surpass $50B in AUM
The iShares 0-3 Month Treasury Bond ETF (SGOV) has reached a major milestone, becoming the first ultra-short-term bond ETF to eclipse $50 billion in assets under management. SGOV now holds $50.3 billion in AUM after pulling in $20.5 billion of inflows year to date, the second-highest total of any U.S.-listed ETF in 2025. That makes SGOV the fifth-largest fixed-income ETF overall, behind only the Vanguard Total Bond Market ETF (BND), the iShares Core U.S. Aggregate Bond ETF (AGG), the Vanguard Total International Bond ETF (BNDX) and the Vanguard Intermediate-Term Corporate Bond ETF (VCIT), which have between $54.5 billion and $130.8 billion in assets. SGOV has also leapfrogged the iShares 20+ Year Treasury Bond ETF (TLT), which currently has $47.6 billion in AUM. While SGOV focuses on the shortest end of the Treasury curve, TLT is positioned at the other extreme, holding long-dated U.S. government bonds and carrying significant interest-rate sensitivity. TLT saw a surge of popularity in 2023 and early 2024, with assets peaking at $64.5 billion as investors bet on falling interest rates following the fastest Fed hiking cycle in decades. But with rates remaining elevated, appetite for long-duration exposure has faded. TLT has seen $2.9 billion in outflows so far this year. SGOV isn't alone in benefiting from investors' growing preference for cash-like ETFs with minimal duration risk. The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) has also attracted $5.8 billion in inflows year to date and now holds $41.9 billion. However, BIL has fallen behind SGOV in the ultra-short-term category after leading earlier this year. Its AUM has dropped from a peak of $49.6 billion due to significant outflows in recent months. The reason could have to do with cost and performance. BIL has a higher expense ratio than SGOV (0.14% vs. 0.09%) and, since SGOV's launch in May 2020, it has outperformed BIL by 78 basis points (14.97% vs. 14.19%). With investors still wary of interest-rate volatility and content to park cash in short-term vehicles, SGOV's rapid rise may not be over | © Copyright 2025 All rights reserved Sign in to access your portfolio
Yahoo
04-06-2025
- Business
- Yahoo
SGOV Pulls In $1.1B as Dow Jones, S 500 Notch Mild Gains
The iShares 0-3 Month Treasury Bond ETF (SGOV) attracted $1.1 billion on Tuesday, boosting its assets under management to $47.7 billion, according to data provided by FactSet. The inflows came as markets climbed, with the Dow Jones Industrial Average gaining 214 points and the S&P 500 rising 0.6% as Nvidia Corp. (NVDA) lifted tech stocks. The SPDR Bloomberg 1-3 Month T-Bill ETF (BIL) pulled in $338.3 million, while the SPDR Gold Shares (GLD) attracted $279.6 million. The iShares Core U.S. Aggregate Bond ETF (AGG) gained $292.2 million, and the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) collected $268.5 million. On the outflows side, the Invesco QQQ Trust (QQQ) saw outflows of just over $654 million despite the tech sector's advance. The iShares Russell 2000 ETF (IWM) lost $565.8 million, while the Vanguard Long-Term Corporate Bond ETF (VCLT) experienced outflows of $490 million. U.S. fixed-income ETFs collected $549.6 million in net inflows, while international equity ETFs gained $387.6 million. U.S. equity ETFs saw outflows of $475.9 million despite the market's positive performance. Overall, ETFs attracted $591.8 million as investors moved into short-term Treasurys amid ongoing trade uncertainty between the U.S. and China. Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change SGOV iShares 0-3 Month Treasury Bond ETF 1,063.92 47,715.90 2.23% BIL SPDR Bloomberg 1-3 Month T-Bill ETF 338.32 43,409.89 0.78% AGG iShares Core U.S. Aggregate Bond ETF 292.23 124,071.50 0.24% GLD SPDR Gold Shares 279.59 101,366.07 0.28% HYG iShares iBoxx $ High Yield Corporate Bond ETF 268.45 16,328.20 1.64% VOO Vanguard S&P 500 ETF 241.18 659,867.97 0.04% XLP Consumer Staples Select Sector SPDR Fund 232.03 16,865.37 1.38% MSTY YieldMax MSTR Option Income Strategy ETF 220.18 4,405.78 5.00% IWB iShares Russell 1000 ETF 162.74 39,870.50 0.41% SPY SPDR S&P 500 ETF Trust 148.13 603,509.61 0.02% Ticker Name Net Flows ($, mm) AUM ($, mm) AUM % Change QQQ Invesco QQQ Trust Series I -654.02 335,823.62 -0.19% IWM iShares Russell 2000 ETF -565.83 61,130.19 -0.93% VCLT Vanguard Long-Term Corporate Bond ETF -490.04 9,741.28 -5.03% LQD iShares iBoxx $ Investment Grade Corporate Bond ETF -470.46 30,012.98 -1.57% IEF iShares 7-10 Year Treasury Bond ETF -469.62 34,150.86 -1.38% XLI Industrial Select Sector SPDR Fund -449.19 20,923.20 -2.15% TLT iShares 20+ Year Treasury Bond ETF -433.97 48,731.93 -0.89% EMXC iShares MSCI Emerging Markets ex China ETF -395.60 13,630.31 -2.90% DIA SPDR Dow Jones Industrial Average ETF Trust -338.96 37,981.71 -0.89% MUB iShares National Muni Bond ETF -279.21 38,314.39 -0.73% Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives -7.89 10,003.92 -0.08% Asset Allocation 28.72 24,845.66 0.12% Commodities ETFs 331.51 215,150.06 0.15% Currency -183.71 141,167.04 -0.13% International Equity 387.60 1,803,563.53 0.02% International Fixed Income 274.01 291,054.44 0.09% Inverse 27.58 14,448.04 0.19% Leveraged -339.64 120,233.88 -0.28% US Equity -475.94 6,800,664.87 -0.01% US Fixed Income 549.55 1,656,512.94 0.03% Total: 591.78 11,077,644.37 0.01% Disclaimer: All data as of 6 a.m. Eastern time 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 | © Copyright 2025 All rights reserved
Yahoo
03-06-2025
- Business
- Yahoo
May's Strong $88B ETF Inflows Led by VOO, QQQ, IBIT
After a rocky April, ETF investors came back in force in May, pouring $87.6 billion into U.S.-listed exchange-traded funds. The strong monthly total brings year-to-date inflows to $457.6 billion. Money flowed into almost every major asset class. U.S. fixed-income ETFs led the way with $27.4 billion of inflows, followed closely by U.S. equity ETFs with $24.6 billion. International equities picked up $22.2 billion, while international bond ETFs added $10.3 billion and currency ETFs took in $6.3 billion. The only major segments to see outflows were commodities ETFs, which lost $1.8 billion, and leveraged ETFs, which saw $3.5 billion in redemptions. The Vanguard S&P 500 ETF (VOO) continued to dominate the flows leaderboard, picking up $10.4 billion in May. That brings its 2025 year-to-date total to a staggering $66.1 billion—five times more than any other ETF. Second place on a year-to-date basis is the iShares 0-3 Month Treasury Bond ETF (SGOV), which brought in $2.3 billion in May and $17.4 billion for the year. The Invesco QQQ Trust (QQQ) also had a strong month, adding $7.2 billion in assets as the tech-heavy Nasdaq rebounded sharply. Another big winner in May was the iShares Bitcoin Trust (IBIT), which brought in $6.6 billion, the third-most of any ETF. Bitcoin rallied during the month, recovering from its April dip and reigniting interest in crypto exposure via ETFs. Finally, despite 30-year Treasury yields holding near 5% amid ongoing concerns about U.S. government debt levels, some investors saw value in long-term bonds. The iShares 20+ Year Treasury Bond ETF (TLT) pulled in $4.4 billion during May, ranking fourth among all ETFs. For a full list of the top inflows and outflows for May and 2025 as a whole, see the tables below. Ticker Name Issuer Net Flows ($, mm) AUM ($, mm) % of AUM YTD 2025 Net Flows($,M) VOO Vanguard S&P 500 ETF Vanguard 10,441.26 657,328.88 1.59% 66,104.50 QQQ Invesco QQQ Trust Series I Invesco 7,172.27 333,877.88 2.15% 9,742.34 IBIT iShares Bitcoin Trust ETF BlackRock, Inc. 6,612.62 70,387.45 9.39% 11,728.27 TLT iShares 20+ Year Treasury Bond ETF BlackRock, Inc. 4,365.34 50,806.39 8.59% 848.24 THRO iShares U.S. Thematic Rotation Active ETF BlackRock, Inc. 3,746.27 4,338.20 86.36% 4,319.31 EFV iShares MSCI EAFE Value ETF BlackRock, Inc. 3,452.98 25,223.81 13.69% 2,137.63 LQD iShares iBoxx $ Investment Grade Corporate Bond ETF BlackRock, Inc. 3,294.72 30,763.14 10.71% 1,558.93 IAGG iShares Core International Aggregate Bond ETF BlackRock, Inc. 2,981.90 9,983.33 29.87% 2,922.55 SGOV iShares 0-3 Month Treasury Bond ETF BlackRock, Inc. 2,324.92 47,194.43 4.93% 17,411.95 QQQM Invesco NASDAQ 100 ETF Invesco 2,291.98 48,402.28 4.74% 8,337.89 Ticker Name Issuer Net Flows ($, mm) AUM ($, mm) % of AUM June 2025 Net Flows($,M) VOO Vanguard S&P 500 ETF Vanguard 66,104.50 657,328.88 10.06% 10,441.26 SGOV iShares 0-3 Month Treasury Bond ETF BlackRock, Inc. 17,411.95 47,194.43 36.89% 2,324.92 VTI Vanguard Total Stock Market ETF Vanguard 15,654.57 473,468.73 3.31% 1,928.68 SPLG SPDR Portfolio S&P 500 ETF State Street 13,158.90 67,522.35 19.49% 1,746.16 IBIT iShares Bitcoin Trust ETF BlackRock, Inc. 11,728.27 70,387.45 16.66% 6,612.62 QQQ Invesco QQQ Trust Series I Invesco 9,742.34 333,877.88 2.92% 7,172.27 QQQM Invesco NASDAQ 100 ETF Invesco 8,337.89 48,402.28 17.23% 2,291.98 BIL SPDR Bloomberg 1-3 Month T-Bill ETF State Street 7,732.62 43,989.90 17.58% -3,702.03 VUG Vanguard Growth ETF Vanguard 7,344.32 164,581.41 4.46% 339.49 JEPQ JPMorgan NASDAQ Equity Premium Income ETF JPMorgan Chase 7,022.97 26,285.24 26.72% 1,436.90 Ticker Name Issuer Net Flows ($, mm) AUM ($, mm) % of AUM YTD 2025 Net Flows($,M) IVV iShares Core S&P 500 ETF BlackRock, Inc. -14,007.69 582,357.14 -2.41% -6,006.52 SPY SPDR S&P 500 ETF Trust State Street -5,018.20 603,514.00 -0.83% -25,496.90 BIL SPDR Bloomberg 1-3 Month T-Bill ETF State Street -3,702.03 43,989.90 -8.42% 7,732.62 XLF Financial Select Sector SPDR Fund State Street -2,319.53 49,523.88 -4.68% -1,017.40 TQQQ ProShares UltraPro QQQ ProShare Advisors LLC -2,192.27 24,505.62 -8.95% 1,418.08 SHV iShares Short Treasury Bond ETF BlackRock, Inc. -2,094.87 20,592.69 -10.17% 1,529.31 VCLT Vanguard Long-Term Corporate Bond ETF Vanguard -1,907.51 10,356.34 -18.42% -3,299.56 HEFA iShares Currency Hedged MSCI EAFE ETF BlackRock, Inc. -1,601.95 6,468.19 -24.77% 468.70 SOXL Direxion Daily Semiconductor Bull 3x Shares Rafferty Asset Management -1,483.73 11,522.57 -12.88% 2,658.49 EMXC iShares MSCI Emerging Markets ex China ETF BlackRock, Inc. -1,470.74 14,033.52 -10.48% -2,331.61 Ticker Name Issuer Net Flows ($, mm) AUM ($, mm) % of AUM June 2025 Net Flows($,M) SPY SPDR S&P 500 ETF Trust State Street -25,496.90 603,514.00 -4.22% -5,018.20 IVV iShares Core S&P 500 ETF BlackRock, Inc. -6,006.52 582,357.14 -1.03% -14,007.69 XLE Energy Select Sector SPDR Fund State Street -5,897.55 26,461.22 -22.29% -424.05 VMBS Vanguard Mortgage-Backed Securities ETF Vanguard -5,327.57 14,331.28 -37.17% 124.74 IWM iShares Russell 2000 ETF BlackRock, Inc. -4,858.03 62,351.19 -7.79% 1,347.35 EFG iShares MSCI EAFE Growth ETF BlackRock, Inc. -3,989.73 13,019.21 -30.64% -129.38 IWD iShares Russell 1000 Value ETF BlackRock, Inc. -3,547.70 60,672.68 -5.85% -1,417.46 VCLT Vanguard Long-Term Corporate Bond ETF Vanguard -3,299.56 10,356.34 -31.86% -1,907.51 IJR iShares Core S&P Small Cap ETF BlackRock, Inc. -3,254.32 77,036.61 -4.22% -1,004.41 CALF Pacer US Small Cap Cash Cows 100 ETF Pacer Advisors -2,832.61 4,314.28 -65.66% -255.19 Net Flows ($, mm) AUM ($, mm) Alternatives 224.04 9,988.38 Asset Allocation 339.65 24,726.25 Commodities ETFs -1,789.66 211,116.88 Currency 6,253.56 143,883.90 International Equity 22,213.65 1,790,266.82 International Fixed Income 10,295.55 291,059.42 Inverse 1,603.00 14,646.76 Leveraged -3,511.62 120,538.77 US Equity 24,597.10 6,782,945.03 US Fixed Income 27,421.04 1,663,853.28 Total: 87,646.30 11,053,025.50 Net Flows ($, mm) AUM ($, mm) Alternatives 1,091.48 9,988.38 Asset Allocation 1,812.69 24,726.25 Commodities ETFs 14,930.31 211,116.88 Currency 11,925.52 143,883.90 International Equity 65,620.09 1,790,266.82 International Fixed Income 33,074.47 291,059.42 Inverse 5,677.33 14,646.76 Leveraged 9,811.76 120,538.77 US Equity 193,889.84 6,782,945.03 US Fixed Income 119,732.79 1,663,853.28 Total: 457,566.26 11,053,025.50 Brand AUM ($, mm) Net Flows ($, mm) % of AUM YTD 2025 Net Flows($,M) iShares 3,340,693.18 24,258.83% 0.73 83,601.96 Vanguard 3,199,404.90 22,987.86% 0.72 149,324.64 SPDR 1,530,353.23 -6,036.74% -0.39 334.39 Invesco 663,698.91 12,597.11% 1.90 25,352.60 Schwab 424,868.90 1,699.19% 0.40 21,619.92 JPMorgan 211,013.41 5,675.66% 2.69 25,190.98 Dimensional 192,396.83 2,994.34% 1.56 17,490.98 First Trust 160,995.58 746.35% 0.46 3,934.17 Fidelity 119,798.44 1,246.52% 1.04 11,110.13 VanEck 86,412.78 89.32% 0.10 -5,321.64 WisdomTree 83,401.82 877.90% 1.05 2,924.32 ProShares 78,691.67 -736.45% -0.94 5,114.70 Capital Group 66,162.46 3,261.26% 4.93 15,230.85 Avantis 65,266.79 2,475.44% 3.79 9,587.09 Global X 57,119.64 291.09% 0.51 2,936.75 Direxion 48,891.77 -907.27% -1.86 5,533.22 Goldman Sachs 41,064.80 125.48% 0.31 1,990.77 Pacer 39,856.49 -533.32% -1.34 -3,766.70 FT Vest 39,548.97 281.06% 0.71 3,811.54 PIMCO 37,464.81 1,087.44% 2.90 5,988.27 Janus Henderson 32,216.77 901.85% 2.80 5,705.09 Grayscale 28,424.07 -275.37% -0.97 -1,702.08 Xtrackers 26,303.05 243.22% 0.92 421.06 Franklin 26,167.87 1,189.96% 4.55 3,786.01 Innovator 25,464.31 281.89% 1.11 2,772.07 FlexShares 20,805.55 333.34% 1.60 -165.08 PGIM 16,413.09 665.93% 4.06 4,181.66 ARK 15,624.07 -502.62% -3.22 -1,011.49 T. Rowe Price 15,065.71 403.28% 2.68 6,150.05 VictoryShares 14,163.50 568.33% 4.01 3,966.74 YieldMax 12,533.43 2,288.29% 18.26 7,105.26 abrdn 11,545.80 44.78% 0.39 690.25 Amplify 11,131.97 300.86% 2.70 723.86 Alerian 10,521.36 170.03% 1.62 733.28 Nuveen 10,514.11 754.93% 7.18 974.10 BNY Mellon 8,218.23 1,297.54% 15.79 837.80 GraniteShares 7,972.58 -1,312.14% -16.46 424.28 Alpha Architect 7,850.16 618.35% 7.88 2,046.96 KraneShares 7,811.84 51.30% 0.66 93.28 US Benchmark Series 7,572.16 134.55% 1.78 1,337.55 AB Funds 7,293.36 269.56% 3.70 1,484.69 John Hancock 7,203.79 4.80% 0.07 -21.02 Simplify 6,975.04 -221.86% -3.18 1,052.63 Neos 6,962.90 796.86% 11.44 2,558.51 ALPS 6,753.59 75.16% 1.11 686.14 Principal 6,433.03 23.82% 0.37 1,355.05 Hartford 5,720.61 19.11% 0.33 137.14 Putnam 5,715.65 337.29% 5.90 1,552.39 Columbia 5,581.32 191.21% 3.43 1,132.74 BondBloxx 5,015.67 400.88% 7.99 1,567.50 Roundhill 4,879.91 366.50% 7.51 1,292.41 New York Life Investments 4,734.91 15.27% 0.32 142.30 REX Microsectors 4,635.02 871.64% 18.81 1,235.82 Volatility Shares 4,624.55 69.72% 1.51 729.11 American Century 4,618.17 373.23% 8.08 768.17 Bitwise 4,588.66 -0.64% -0.01 -139.71 Defiance 4,317.37 -70.08% -1.62 1,215.72 Eaton Vance 4,268.46 311.08% 7.29 1,356.66 Aptus 4,211.42 74.89% 1.78 565.79 Allianz 4,190.58 55.07% 1.31 552.69 ActivePassive 3,670.60 25.81% 0.70 203.52 Morgan Stanley 3,600.80 4.77% 0.13 280.70 TCW 3,349.91 324.37% 9.68 1,080.17 T-Rex 3,254.41 -187.06% -5.75 824.57 Virtus 3,019.80 83.08% 2.75 537.79 Harbor 2,993.59 62.35% 2.08 556.50 Main Funds 2,965.32 41.67% 1.41 158.86 Invesco DB 2,878.34 -49.19% -1.71 -148.32 SEI 2,752.24 34.76% 1.26 213.21 Cambria 2,734.47 -58.97% -2.16 -46.80 Eagle 2,727.68 143.76% 5.27 422.77 Sprott 2,512.65 -37.88% -1.51 172.55 BlackRock 2,208.32 -3.37% -0.15 -131.94 Motley Fool 2,158.17 69.85% 3.24 90.49 GMO 2,085.21 61.51% 2.95 541.13 Strive 2,078.22 24.10% 1.16 190.35 Bahl & Gaynor 1,991.14 47.34% 2.38 302.93 Distillate 1,929.13 -20.40% -1.06 -138.10 Inspire 1,895.93 13.55% 0.71 96.25 US Commodity Funds 1,856.92 -191.27% -10.30 -577.43 SP Funds 1,805.94 13.06% 0.72 330.08 Angel Oak 1,677.33 83.16% 4.96 393.99 Bridgeway 1,636.28 6.31% 0.39 64.38 DoubleLine 1,606.81 67.05% 4.17 237.45 Rockefeller Capital Management 1,606.80 5.57% 0.35 -17.53 Davis 1,604.07 17.13% 1.07 151.34 Neuberger Berman 1,603.83 88.61% 5.52 149.65 Vident 1,447.96 -3.01% -0.21 -39.14 Meridian 1,340.39 9.34% 0.70 267.73 Horizon 1,302.75 29.99% 2.30 114.31 ROBO Global 1,220.73 -15.22% -1.25 -21.17 Brown Advisory 1,213.79 64.03% 5.28 200.76 Freedom 1,212.32 34.47% 2.84 93.22 iM 1,194.80 49.67% 4.16 -16.30 Kovitz 1,183.01 -5.29% -0.45 -3.18 Fundstrat 1,118.11 129.56% 11.59 426.85 CCM 1,104.25 -2.61% -0.24 17.87 ETRACS 1,074.35 0.00% 0.00 -66.22 Select 1,066.98 392.01% 36.74 945.73 AdvisorShares 1,022.85 3.32% 0.32 16.86 Timothy 1,020.82 7.20% 0.71 28.07 Federated Hermes 1,009.57 62.51% 6.19 482.42 iPath 1,008.74 90.87% 9.01 -116.31 HCM 985.80 18.65% 1.89 27.45 US Global 978.33 -10.90% -1.11 -141.44 TrueShares 971.52 45.84% 4.72 219.43 Congress 924.67 30.72% 3.32 226.75 Calvert 915.17 32.98% 3.60 30.89 Tortoise 908.91 -20.27% -2.23 -70.12 Summit Global Investments 904.69 12.37% 1.37 333.78 Allspring 891.98 1.11% 0.12 755.77 Panagram 877.96 76.32% 8.69 209.05 SMI Funds 839.28 61.16% 7.29 520.21 Return Stacked 830.36 1.80% 0.22 48.37 CoinShares 829.13 -23.02% -2.78 -271.90 Thrivent 816.66 22.34% 2.74 517.79 Calamos 810.77 30.31% 3.74 230.52 Monarch 782.96 -42.05% -5.37 92.11 Strategy Shares 759.84 -97.83% -12.87 -131.50 REX 741.13 24.09% 3.25 221.69 FCF Advisors 735.43 1.62% 0.22 -57.10 Wahed 728.86 8.72% 1.20 41.80 Gotham 727.48 0.00% 0.00 19.66 Touchstone 714.97 33.34% 4.66 159.34 AAM 677.46 -1.64% -0.24 68.71 Day Hagan 646.06 -36.64% -5.67 -47.46 Tradr 638.68 211.70% 33.15 385.56 The Brinsmere Funds 602.47 0.01% 0.00 31.98 Oneascent 596.97 33.00% 5.53 71.52 InfraCap 579.71 4.37% 0.75 19.89 RPAR 568.46 10.60% 1.86 -39.63 SoFi 562.93 -8.19% -1.46 -586.63 Brandes 553.27 14.57% 2.63 87.41 Opus Capital Management 552.91 15.79% 2.86 94.18 Brookstone 546.77 21.31% 3.90 49.80 ClearBridge 533.74 7.55% 1.41 69.94 Natixis 519.30 3.71% 0.71 63.27 Bushido 516.45 10.29% 1.99 37.92 Barclays 503.07 3.65% 0.73 23.44 USCF Advisers 493.38 -47.84% -9.70 77.03 MFS 490.14 62.44% 12.74 275.48 Longview 485.59 1.12% 0.23 58.11 Tidal ETFs 478.76 7.31% 1.53 103.92 Oakmark 476.79 79.68% 16.71 401.10 F/m 467.20 -15.87% -3.40 63.11 Overlay Shares 434.47 11.55% 2.66 66.88 Sterling Capital 432.10 51.40% 11.90 387.95 Swan 422.15 18.50% 4.38 69.79 Stone Ridge 416.79 26.14% 6.27 316.64 Vert 412.13 -24.91% -6.05 -15.41 Teucrium 406.19 65.58% 16.14 80.66 Elm 405.49 -4.84% -1.19 42.10 Tema 404.98 0.62% 0.15 106.12 ClearShares 398.45 17.69% 4.44 14.39 Burney 386.61 31.43% 8.13 83.52 Zacks 378.34 12.84% 3.39 72.24 First Eagle 369.00 111.35% 30.18 345.57 LeaderShares 366.84 -6.63% -1.81 -245.25 Adaptive 360.39 -0.39% -0.11 -8.50 EMQQ 353.93 -1.95% -0.55 -38.67 ROC 350.13 16.34% 4.67 85.31 ERShares 349.08 9.19% 2.63 156.99 Quadratic 347.42 37.66% 10.84 -149.12 AXS Investments 345.39 -29.81% -8.63 -114.43 Cabana 340.91 -15.14% -4.44 -63.89 3Edge 332.51 16.51% 4.97 87.13 CastleArk 328.85 -15.14% -4.60 -8.09 Parametric 327.52 16.54% 5.05 123.80 Anfield 322.26 4.76% 1.48 36.75 AGF 319.01 -105.51% -33.07 -28.59 Matthews 308.49 -3.26% -1.06 -75.43 Toews 305.09 -0.01% 0.00 83.78 Max 303.23 0.00% 0.00 126.31 Range 292.27 15.18% 5.19 130.72 FundX 289.83 -2.27% -0.78 -19.62 Saba 281.45 10.73% 3.81 38.84 Macquarie 280.87 60.16% 21.42 206.80 Astoria 271.06 36.41% 13.43 88.05 Subversive 270.32 -2.84% -1.05 30.51 Adasina 263.60 34.58% 13.12 47.44 Beyond 260.14 -3.49% -1.34 74.56 American Beacon 258.84 3.19% 1.23 69.52 PlanRock 252.51 3.08% 1.22 -45.95 Segall Bryant & Hamill 250.79 3.69% 1.47 8.19 Fairlead 250.74 20.04% 7.99 30.20 VistaShares 244.69 126.40% 51.66 242.69 STF 244.56 9.19% 3.76 9.86 Frontier 244.29 -1.34% -0.55 -12.23 Applied Finance 239.07 -0.98% -0.41 12.44 Madison 235.65 -1.14% -0.48 -10.64 Polen 230.69 4.85% 2.10 26.91 Oak Funds 225.09 -44.00% -19.55 -208.86 Strategas 221.90 3.90% 1.76 69.50 Counterpoint 220.81 18.29% 8.28 89.87 Nicholas 215.78 4.39% 2.04 20.64 SRH 208.31 0.00% 0.00 0.18 Thornburg 207.91 24.57% 11.82 159.61 Little Harbor Advisors 207.05 -0.90% -0.44 -6.42 Alger 205.77 6.91% 3.36 55.57 FPA 200.06 0.60% 0.30 16.47 CoRe 198.27 0.00% 0.00 80.42 CornerCap 190.09 -1.87% -0.99 -5.60 Eventide 186.83 29.17% 15.61 109.65 RiverFront 183.76 1.32% 0.72 3.78 Faith Investor Services 181.50 0.00% 0.00 48.36 Convergence 179.85 9.33% 5.19 -46.92 DB 171.37 0.00% 0.00 -6.81 Tremblant 169.94 16.09% 9.47 25.39 Rayliant 166.05 -2.90% -1.75 4.63 BeeHive 164.42 0.56% 0.34 -1.20 Regan 162.99 7.50% 4.60 30.42 Optimize 162.61 0.00% 0.00 1.60 Rareview Funds 158.78 -5.20% -3.28 1.02 JLens 153.80 19.17% 12.47 123.65 EA Series Trust 151.19 11.97% 7.92 46.46 SoundWatch Capital 151.10 0.00% 0.00 2.91 Humankind 150.29 -0.27% -0.18 1.37 Ballast 149.18 -0.89% -0.60 3.24 WBI Shares 148.16 -1.03% -0.70 -9.75 Euclidean 144.09 -16.45% -11.42 -18.18 Renaissance 143.16 -4.01% -2.80 -10.10 142.28 17.93% 12.60 125.85 ETC 140.69 22.04% 15.66 23.96 Argent 132.42 12.76% 9.64 26.47 Kensington 132.01 14.42% 10.92 69.67 Hashdex 129.49 -4.61% -3.56 90.00 McElhenny Sheffield 126.97 9.78% 7.70 55.11 BrandywineGLOBAL 123.43 0.00% 0.00 -0.39 ACV 123.01 0.00% 0.00 5.63 Gadsden 121.66 2.33% 1.92 -33.81 Hoya 121.38 2.20% 1.81 9.45 Adaptiv 119.30 0.34% 0.29 40.29 Hull 118.72 35.22% 29.66 52.51 THOR 116.74 -36.83% -31.55 -2.21 Impact Shares 114.72 -1.04% -0.91 -4.96 Alexis 113.40 1.84% 1.62 7.52 Siren 113.17 1.18% 1.04 -10.99 Westwood 112.72 10.16% 9.01 29.34 Conductor Fund 112.64 1.00% 0.89 1.02 Sovereign's 111.10 3.17% 2.85 24.28 The Future Fund 110.99 -1.08% -0.97 67.62 Mohr Funds 105.07 -0.49% -0.47 -36.86 Hilton 104.32 -1.23% -1.18 7.45 MarketDesk 102.25 -6.06% -5.93 -2.61 Absolute 101.83 0.84% 0.83 8.36 First Manhattan 100.66 0.00% 0.00 -0.07 Bancreek 99.61 3.04% 3.05 -7.82 MC 99.15 0.61% 0.62 96.44 Texas Capital 97.93 2.79% 2.85 2.02 Altshares 92.86 5.26% 5.66 5.56 Hennessy 90.59 0.29% 0.32 -6.16 Themes 90.27 3.95% 4.38 39.77 Essential 40 87.94 1.54% 1.76 5.61 Leuthold 87.77 -2.58% -2.94 -3.40 Keating 87.71 1.60% 1.83 3.42 SWP 87.64 3.88% 4.43 4.27 UBS 85.87 0.00% 0.00 0.00 Kurv 85.25 1.66% 1.94 57.15 River1 81.54 1.18% 1.45 20.25 OPAL 81.40 4.85% 5.95 73.24 ArrowShares 80.32 4.84% 6.02 3.66 Palmer Square 78.74 3.06% 3.88 25.27 Indexperts 77.89 9.28% 11.91 68.30 Logan 76.07 0.00% 0.00 -0.54 Aberdeen 75.64 0.00% 0.00 0.00 NestYield 75.23 17.79% 23.64 51.67 Academy 73.75 0.00% 0.00 0.98 Horizons 72.85 3.81% 5.23 68.72 Miller 72.61 0.67% 0.92 4.26 Praxis 71.19 52.51% 73.76 66.80 Matrix 69.65 0.01% 0.01 0.28 Sound Income Strategies 69.61 0.45% 0.64 0.45 Gabelli 69.29 1.59% 2.30 -0.07 Leverage Shares 68.96 4.05% 5.87 57.11 Clough 67.67 -1.85% -2.73 0.80 Jensen 66.51 -32.96% -49.56 -16.43 India 64.32 -0.81% -1.25 5.12 Donoghue Forlines 63.83 0.72% 1.12 45.24 SmartETFs 62.61 -0.09% -0.14 2.50 FM 61.37 -0.12% -0.20 -4.20 Breakwave 60.31 5.43% 9.00 34.18 Obra 60.11 2.71% 4.51 12.41 Core Alternative 59.41 0.00% 0.00 -49.06 Procure 58.33 3.27% 5.61 6.30 Cambiar Funds 58.21 -0.29% -0.50 -0.63 Spear 56.10 -1.27% -2.27 3.24 Goose Hollow 55.80 1.53% 2.75 -2.43 AOT 54.52 1.86% 3.41 3.58 Even Herd 52.75 0.21% 0.40 0.65 Emerald 51.22 0.04% 0.09 3.74 Regents Park 51.15 -0.48% -0.94 -2.48 Discipline Funds 50.74 0.00% 0.00 4.54 Carbon Collective 50.16 0.61% 1.21 2.16 UVA 49.73 2.16% 4.34 4.36 Sparkline 49.08 0.90% 1.84 8.66 QRAFT 48.52 -0.01% -0.02 -10.18 North Shore 47.07 0.00% 0.00 2.49 WealthTrust 47.02 -0.01% -0.02 5.85 Genter Capital 46.97 2.44% 5.19 14.67 Tweedy, Browne Co. 46.47 9.57% 20.58 40.42 Parnassus Investments 46.45 2.16% 4.65 41.05 IDX 44.61 0.00% 0.00 -6.27 Q3 43.91 -1.72% -3.91 -8.44 Anydrus 43.30 5.58% 12.89 3.11 Pacific Funds 42.93 0.00% 0.00 38.35 RAM 42.54 -0.01% -0.02 0.83 Alternative Access 42.53 -0.01% -0.03 15.04 DWS 42.48 0.00% 0.00 13.54 Aztlan 41.09 0.00% 0.00 1.15 Formidable 41.01 -2.60% -6.35 -4.18 PMV 40.86 0.82% 2.00 12.07 NETL 40.40 2.99% 7.40 -0.57 REX Shares 39.94 5.84% 14.62 38.29 Relative Sentiment 39.41 7.03% 17.83 19.62 Stacked 38.31 6.20% 16.19 7.15 Affinity 38.09 4.64% 12.18 5.58 SonicShares 37.95 2.15% 5.66 2.15 Twin Oak 37.41 0.28% 0.74 26.01 Bridges 36.38 0.30% 0.83 5.21 Ocean Park 34.87 6.60% 18.93 14.61 Guru 33.84 0.00% 0.00 -2.22 Innovative Portfolios 33.74 0.01% 0.03 0.27 Acquirers Fund 33.56 -0.88% -2.63 -7.33 Pinnacle 33.51 0.00% 0.00 -1.16 TappAlpha 32.35 6.76% 20.88 19.78 CrossingBridge Funds 31.91 1.05% 3.30 -33.67 Cultivar 31.87 0.50% 1.58 1.00 Tactical Funds 31.70 0.21% 0.66 2.72 Leatherback 31.21 -1.22% -3.91 -4.27 RAFI Indices 30.94 -3.65% -11.78 -0.93 Martin Currie 30.62 0.00% 0.00 2.61 Point Bridge Capital 30.45 -0.01% -0.02 3.71 FMQQ 30.16 0.00% 0.01 -0.99 PLUS 28.81 1.54% 5.34 23.30 Peak 27.92 2.17% 7.79 10.85 ZEGA 27.60 -0.49% -1.77 2.01 Foundations 26.49 -0.67% -2.54 -3.07 Morgan Dempsey 25.98 1.56% 6.01 4.45 Mairs & Power 25.66 0.65% 2.53 2.86 Advent 25.49 24.75% 97.11 25.25 StockSnips 24.72 0.00% 0.00 1.65 The Nightview 24.44 -0.65% -2.65 -1.23 Western Asset 24.01 -1.00% -4.14 -7.85 21Shares 23.06 0.00% 0.00 9.05 Validus 22.11 0.00% 0.00 -0.44 Clockwise Capital 21.44 -0.58% -2.70 2.91 Cullen 20.96 2.46% 11.75 10.83 GGM 19.47 0.00% 0.00 0.00 DGA 18.23 -0.50% -2.74 -1.52 Atlas 17.40 0.52% 3.02 9.71 Intelligent Investor 17.30 -0.71% -4.10 -1.34 Performance Trust 16.60 0.00% 0.00 3.04 Brendan Wood 14.82 0.70% 4.69 3.74 LAFFER TENGLER 14.82 0.00% 0.00 1.25 Tuttle 14.31 2.61% 18.21 3.21 Democracy 13.59 3.76% 27.66 3.76 Build 13.13 -0.63% -4.77 6.27 Draco 13.02 0.00% 0.00 -0.42 Peerless 12.44 0.47% 3.82 2.81 ATAC 12.24 -0.36% -2.95 5.05 North Square 12.00 0.25% 2.09 1.73 ADRhedged 11.23 0.94% 8.34 0.94 FolioBeyond 10.76 0.00% 0.01 11.06 Unlimited 10.41 3.88% 37.24 10.16 Armada ETF Advisors 10.14 -0.21% -2.07 -0.67 Ionic 10.11 0.00% 0.00 -1.93 Alpha 10.07 0.00% 0.03 -0.56 Altrius 9.72 0.71% 7.29 3.34 CoreValues Alpha 9.71 0.00% 0.00 1.31 RiverNorth 9.29 0.00% 0.00 0.00 Otter Creek 9.29 -0.24% -2.61 0.82 iMGP 9.09 0.00% 0.00 0.01 MKAM 8.63 0.86% 10.02 0.86 Honeytree 8.07 0.00% 0.00 0.65 WHITEWOLF 7.28 0.00% 0.00 4.74 ETFB 7.24 0.00% 0.00 0.47 Vontobel 5.80 5.75% 99.27 5.75 Onefund 5.54 0.00% 0.00 2.07 Suncoast 5.37 5.31% 98.87 5.31 MRBL 5.32 0.00% 0.00 5.56 Fire Funds 5.17 0.61% 11.81 3.21 Hypatia Capital 4.79 0.57% 11.89 0.86 Reverb ETF 4.62 0.00% 0.00 0.00 Sarmaya Partners 4.54 0.52% 11.46 4.37 X-Square 4.40 0.00% 0.00 0.64 Mason Capital 4.32 0.00% 0.00 -0.52 Acruence 4.30 0.00% 0.00 -0.53 iREIT 4.29 0.00% 0.00 -0.50 Grizzle 4.21 0.00% 0.00 -9.77 Kingsbarn 4.05 1.11% 27.35 1.79 UWP 3.64 0.00% 0.00 0.00 USCF 3.61 0.00% 0.00 0.06 Langar 3.48 -0.50% -14.23 1.30 Quantify Funds 3.28 0.00% 0.00 3.00 CRM 2.63 1.26% 48.02 1.55 Ned Davis Research 2.54 0.00% 0.00 1.22 LSV 1.94 0.00% -0.02 1.00 Hotchkis & Wiley 1.93 0.25% 12.83 1.91 Vest 1.78 0.00% 0.00 -0.57 SanJac Alpha 1.76 0.00% 0.00 0.75 Coastal 1.74 0.00% 0.00 0.23 Battleshares 1.36 0.00% 0.00 2.75 Cboe Vest 1.28 0.00% 0.00 0.00 Abacus 1.18 0.00% 0.00 0.22 Fortuna 0.87 0.30% 34.66 0.80 TradersAI 0.86 0.00% 0.00 0.03 CORE16 0.74 0.74% 99.85 0.74 Deutsche X-trackers 0.20 0.00% 0.00 0.00 Cohen & Steers 0.00 0.00% 0.00 0.00 KP Funds 0.00 0.00% 0.00 0.00 ICE BofAML 0.00 0.00% 0.00 0.00 Robinson 0.00 0.00% 0.00 -3.06 CRIT 0.00 0.00% 0.00 0.00 Lazard 0.00 0.00% 0.00 0.00 VegTech 0.00 0.00% 0.00 0.46 Vesper 0.00 0.00% 0.00 -12.04 Newday 0.00 0.00% 0.00 0.00 Jacob 0.00 0.00% 0.00 0.00 Dynamic 0.00 0.00% 0.00 0.00 Arch Indices 0.00 0.00% 0.00 0.00 Octane 0.00 0.00% 0.00 0.00 Akros 0.00 0.00% 0.00 -0.97 AlphaMark 0.00 0.00% 0.00 0.00 Meet Kevin 0.00 0.00% 0.00 -9.13 Russell Investments 0.00 0.00% 0.00 0.00 Stance 0.00 0.00% 0.00 -0.49 Trajan 0.00 0.00% 0.00 0.00 Issuer AUM ($, mm) Net Flows ($, mm) % of AUM YTD 2025 Net Flows($,M) BlackRock, Inc. 3,342,901.49 24,255.46% 0.73 83,470.02 Vanguard 3,199,404.90 22,987.86% 0.72 149,324.64 State Street 1,416,301.01 -5,013.07% -0.35 -8,316.25 Invesco 666,577.25 12,547.92% 1.88 25,204.28 Charles Schwab 424,682.13 1,679.09% 0.40 21,432.75 JPMorgan Chase 211,013.41 5,675.66% 2.69 25,190.98 First Trust 200,531.98 1,025.33% 0.51 7,734.66 Dimensional 192,396.83 2,994.34% 1.56 17,490.98 Fidelity 119,798.44 1,246.52% 1.04 11,110.13 World Gold Council 114,052.22 -1,023.67% -0.90 8,650.65 VanEck 86,412.78 89.32% 0.10 -5,321.64 WisdomTree 83,053.26 848.78% 1.02 2,778.40 ProShare Advisors LLC 78,691.67 -736.45% -0.94 5,114.70 American Century Investments 69,884.96 2,848.67% 4.08 10,355.26 The Capital Group Companies 66,162.46 3,261.26% 4.93 15,230.85 Mirae Asset Global Investments Co., Ltd. 57,020.88 292.13% 0.51 2,866.56 Rafferty Asset Management 48,891.77 -907.27% -1.86 5,533.22 Allianz 41,655.39 1,142.51% 2.74 6,540.96 Goldman Sachs 41,064.80 125.48% 0.31 1,990.77 Pacer Advisors 39,856.49 -533.32% -1.34 -3,766.70 Janus Henderson 32,216.77 901.85% 2.80 5,705.09 Franklin Templeton 27,958.15 1,221.29% 4.37 3,949.49 Deutsche Bank AG 26,517.10 243.22% 0.92 427.79 Innovator 25,405.41 284.52% 1.12 2,783.90 Northern Trust 20,805.55 333.34% 1.60 -165.08 Digital Currency Group, Inc. 19,651.40 -479.19% -2.44 -1,709.27 Tidal Investments LLC 18,120.05 1,927.86% 10.64 5,898.35 SS&C 17,458.71 246.51% 1.41 1,423.20 Alpha Architect 16,645.24 799.55% 4.80 3,076.92 Prudential 16,413.09 665.93% 4.06 4,181.66 ARK Investment Management LP 15,603.26 -502.62% -3.22 -1,003.93 T. Rowe Price Group, Inc. 15,065.71 403.28% 2.68 6,150.05 Victory Capital 14,163.50 568.33% 4.01 3,966.74 Abrdn Plc 11,621.44 44.78% 0.39 690.25 Amplify Investments 11,131.97 300.86% 2.70 723.86 TIAA Board of Governors 10,514.11 754.93% 7.18 974.10 Morgan Stanley 9,111.94 365.37% 4.01 1,792.06 Grayscale Investments LLC 8,772.67 203.82% 2.32 7.19 BNY Mellon 8,218.23 1,297.54% 15.79 837.80 CICC 8,159.26 88.96% 1.09 -55.85 1251 Capital Group Inc. 8,090.58 118.73% 1.47 1,404.40 GraniteShares 7,972.58 -1,312.14% -16.46 424.28 Equitable 7,293.36 269.56% 3.70 1,484.69 Manulife 7,203.79 4.80% 0.07 -21.02 Simplify 6,975.04 -221.86% -3.18 1,052.63 Neos Investments LLC 6,962.90 796.86% 11.44 2,558.51 Toroso Investments Topco LLC 6,630.70 499.30% 7.53 2,753.49 Principal 6,433.03 23.82% 0.37 1,355.05 The Hartford 5,720.61 19.11% 0.33 137.14 Ameriprise Financial 5,581.32 191.21% 3.43 1,132.74 Bondbloxx Investment Management Corp. 5,015.67 400.88% 7.99 1,567.50 BMO 4,938.25 871.64% 17.65 1,362.13 New York Life 4,734.91 15.27% 0.32 142.30 Power Corporation of Canada 4,624.77 308.44% 6.67 1,449.15 Roundhill Investments 4,576.34 364.84% 7.97 1,248.12 Volatility Shares LLC 4,555.12 28.62% 0.63 664.83 Exchange Traded Concepts 4,550.91 35.31% 0.78 366.28 Bitwise Asset Management, Inc. 4,392.16 -2.65% -0.06 -159.14 Tuttle Capital Management LLC 4,374.08 207.62% 4.75 1,777.29 Aptus Capital Advisors 4,288.06 84.47% 1.97 647.89 Envestnet 3,670.60 25.81% 0.70 203.52 Virtus Investment Partners 3,510.81 85.61% 2.44 534.05 The TCW Group, Inc. 3,349.91 324.37% 9.68 1,080.17 ORIX 2,993.59 62.35% 2.08 556.50 Main Management 2,965.32 41.67% 1.41 158.86 SEI Investments 2,754.19 34.75% 1.26 214.21 Eagle Capital Management LLC 2,727.68 143.76% 5.27 422.77 Cambria Investment Management LP 2,719.04 -58.25% -2.14 -42.85 Sprott 2,512.65 -37.88% -1.51 172.55 Marygold 2,353.37 -239.11% -10.16 -500.81 Defiance ETFs 2,177.61 123.87% 5.69 470.21 The Motley Fool 2,158.17 69.85% 3.24 90.49 Grantham, Mayo, Van Otterloo & Co. LLC 2,085.21 61.51% 2.95 541.13 Bahl & Gaynor, Inc. 1,991.14 47.34% 2.38 302.93 Distillate Capital 1,929.13 -20.40% -1.06 -138.10 Inspire Impact Group LLC 1,895.93 13.55% 0.71 96.25 Angel Oak Cos. LLC 1,677.33 83.16% 4.96 393.99 Focus Financial Partners, Inc 1,668.61 -4.17% -0.25 54.93 Doubleline ETF Holdings LP 1,606.81 67.05% 4.17 237.45 Davis Advisers 1,604.07 17.13% 1.07 151.34 Neuberger Berman 1,603.83 88.61% 5.52 149.65 Barclays 1,511.81 94.52% 6.25 -92.88 MM VAM LLC 1,447.96 -3.01% -0.21 -39.14 Eurazeo SA 1,412.08 54.03% 3.83 1.94 Horizon Kinetics 1,302.75 29.99% 2.30 114.31 Brown Advisory Management LLC 1,213.79 64.03% 5.28 200.76 Sun Life Financial, Inc. 1,167.60 60.80% 5.21 344.19 UBS 1,160.22 0.00% 0.00 -66.22 AdvisorShares 1,022.85 3.32% 0.32 16.86 Timothy Plan 1,020.82 7.20% 0.71 28.07 Federated Hermes, Inc. 1,009.57 62.51% 6.19 482.42 TrueMark Group 998.20 14.28% 1.43 228.75 Groupe BPCE 996.09 83.39% 8.37 464.36 Howard Capital Management Inc. 985.80 18.65% 1.89 27.45 US Global Investors 978.33 -10.90% -1.11 -141.44 AXS Investments 975.33 182.51% 18.71 272.35 Lagan Holding Co. Trust 924.67 30.72% 3.32 226.75 Tortoise 908.91 -20.27% -2.23 -70.12 Summit Global LLC 904.69 12.37% 1.37 333.78 Allspring Group Holdings LLC 891.98 1.11% 0.12 755.77 NZC Capital LLC 877.96 76.32% 8.69 209.05 Coinshares International Ltd. 829.13 -23.02% -2.78 -271.90 Thrivent Financial for Lutherans 816.66 22.34% 2.74 517.79 Calamos Family Partners, Inc. 810.77 30.31% 3.74 230.52 FCF Advisors 799.26 2.33% 0.29 -11.86 Kingsview Partners LLC 782.96 -42.05% -5.37 92.11 Rational Advisors Inc. 759.84 -97.83% -12.87 -131.50 Wahed 728.86 8.72% 1.20 41.80 Western & Southern Mutual Holding Co. 714.97 33.34% 4.66 159.34 Day Hagan Asset Management 611.94 -36.64% -5.99 -80.81 Aptus Holdings LLC 603.24 15.98% 2.65 67.18 Estate Counselors LLC 602.47 0.01% 0.00 31.98 Oneascent Holdings LLC 596.97 33.00% 5.53 71.52 Brandes Worldwide Holdings 553.27 14.57% 2.63 87.41 AmeriLife 546.77 21.31% 3.90 49.80 CI Financial 540.62 1.42% 0.26 -11.43 REX Shares LLC 484.77 7.05% 1.45 108.25 Anfield Group 437.99 8.25% 1.88 36.78 Liquid Strategies 434.47 11.55% 2.66 66.88 Marathon Partners LLC 423.38 27.57% 6.51 58.62 Swan Global Investments 422.15 18.50% 4.38 69.79 Stone Ridge Holdings Group LP 416.79 26.14% 6.27 316.64 3Fourteen & SMI Advisory Services LLC 415.90 33.59% 8.08 461.59 Vert Asset Management LLC 412.13 -24.91% -6.05 -15.41 Cygnet Capital LLC 405.49 -4.84% -1.19 42.10 Dawn Global Topco Ltd. 404.98 0.62% 0.15 106.12 Sterling Capital Management LLC 400.89 52.90% 13.20 394.00 ClearShares LLC 398.45 17.69% 4.44 14.39 Zacks 378.34 12.84% 3.39 72.24 BCP CC Holdings LP 369.00 111.35% 30.18 345.57 Redwood 366.84 -6.63% -1.81 -245.25 Adaptive Investments 360.39 -0.39% -0.11 -8.50 Running Oak Capital LLC 350.13 16.34% 4.67 85.31 Capital Impact Advisors 349.08 9.19% 2.63 156.99 WisdomTree, Inc. 348.55 29.11% 8.35 145.92 3EDGE Asset Management LP 332.51 16.51% 4.97 87.13 CastleArk Management LLC 328.85 -15.14% -4.60 -8.09 AGF 319.01 -105.51% -33.07 -28.59 Matthews International Capital Management 308.49 -3.26% -1.06 -75.43 Toews Corp. 305.09 -0.01% 0.00 83.78 Rex Advisers LLC 296.30 22.88% 7.72 151.73 Twin Oak Holdings LP 262.49 -43.73% -16.66 -182.85 Macquarie Group Ltd 254.12 58.36% 22.97 196.81 PlanRock Wealth Management LLC 252.51 3.08% 1.22 -45.95 Cary Street Partners Financial LLC /VA/ 250.74 20.04% 7.99 30.20 Stf Management LP 244.56 9.19% 3.76 9.86 Frontier Asset Management LLC 244.29 -1.34% -0.55 -12.23 Applied Finance Group 239.07 -0.98% -0.41 12.44 Madison Investment Holdings, Inc. 235.65 -1.14% -0.48 -10.64 Baird Financial Group Inc. 221.90 3.90% 1.76 69.50 Counterpoint Mutual Funds LLC 220.81 18.29% 8.28 89.87 Teucrium 218.67 1.92% 0.88 -12.43 Paralel Technologies LLC 208.31 0.00% 0.00 0.18 Thornburg Investment Management 207.91 24.57% 11.82 159.61 Little Harbor Advisors 207.05 -0.90% -0.44 -6.42 Alger 205.77 6.91% 3.36 55.57 Resolute Investment Managers, Inc. 203.36 2.68% 1.32 69.02 First Pacific Advisors LP 200.06 0.60% 0.30 16.47 CornerCap Investment Counsel, Inc. 190.09 -1.87% -0.99 -5.60 Teucrium Trading LLC 187.53 63.65% 33.94 93.08 Eventide Asset Management, LLC 186.83 29.17% 15.61 109.65 The Charles Schwab Corp. 186.78 20.10% 10.76 187.17 Faith Investor Services LLC 181.50 0.00% 0.00 48.36 Convergence Investment Partners, LLC 179.85 9.33% 5.19 -46.92 Tremblant Capital 169.94 16.09% 9.47 25.39 Rayliant 166.05 -2.90% -1.75 4.63 Regan Capital, LLC 162.99 7.50% 4.60 30.42 Optimize Financial Inc. 162.61 0.00% 0.00 1.60 Themes ETF 161.86 9.27% 5.72 98.43 Neil Azous Revocable Trust 158.78 -5.20% -3.28 1.02 Soundwatch Capital LLC 151.10 0.00% 0.00 2.91 Humankind USA LLC 150.29 -0.27% -0.18 1.37 Inverdale Capital Management LLC 149.18 -0.89% -0.60 3.24 WBI 148.16 -1.03% -0.70 -9.75 Renaissance Capital 143.16 -4.01% -2.80 -10.10 Kensington Asset Management LLC 132.01 14.42% 10.92 69.67 Community Capital Management, Inc. 130.67 -4.24% -3.24 4.23 Ridgeline Research LLC 123.01 0.00% 0.00 5.63 Pettee Investors 121.38 2.20% 1.81 9.45 Client First Investment Management LLC 119.30 0.34% 0.29 40.29 Hull Investments LLC 118.72 35.22% 29.66 52.51 Hashdex Ltd. 116.33 0.00% 0.00 93.66 Beyond Investing 114.07 1.31% 1.15 6.84 Alexis Investment Partners LLC 113.40 1.84% 1.62 7.52 SRN Advisors 113.17 1.18% 1.04 -10.99 IronHorse Holdings 112.64 1.00% 0.89 1.02 Sovereign's Capital Management LLC 111.10 3.17% 2.85 24.28 Future Fund Advisors 110.99 -1.08% -0.97 67.62 Westwood Holdings Group, Inc. 109.47 10.16% 9.28 27.00 ShariaPortfolio, Inc. 106.64 2.89% 2.71 30.04 Retireful LLC 105.07 -0.49% -0.47 -36.86 Absolute Investment Advisers LLC 101.83 0.84% 0.83 8.36 First Manhattan Co. 100.66 0.00% 0.00 -0.07 Texas Capital Bancshares, Inc. 97.93 2.79% 2.85 2.02 Mcivy Co. LLC 96.69 4.59% 4.75 19.03 Affiliated Managers Group 92.93 11.73% 12.62 81.47 Water Island Capital 92.86 5.26% 5.66 5.56 Hennessy Advisors 90.59 0.29% 0.32 -6.16 Infrastructure Capital Advisors LLC 88.70 1.84% 2.08 23.64 Killir Kapital Management LLC 87.94 1.54% 1.76 5.61 The Leuthold Group LLC 87.77 -2.58% -2.94 -3.40 SWP Investment Management LLC 87.64 3.88% 4.43 4.27 Kurv Investment Management LLC 85.25 1.66% 1.94 57.15 Sound Capital Solutions LLC 81.54 1.18% 1.45 20.25 Arrow Funds 80.32 4.84% 6.02 3.66 Thor Trading Advisors LLC 79.57 3.91% 4.91 44.09 Palmer Square Holdings LLC 78.74 3.06% 3.88 25.27 Indexperts LLC 77.89 9.28% 11.91 68.30 Logan Capital Management Inc. 76.07 0.00% 0.00 -0.54 Miller Value Partners LLC 72.61 0.67% 0.92 4.26 Everence Holdings Inc. 71.19 52.51% 73.76 66.80 GAMCO Investors, Inc. 69.29 1.59% 2.30 -0.07 Acp Horizon Holdings LP 68.88 0.00% 0.00 64.91 Corpus Partners LLC 68.70 41.10% 59.83 65.11 Clough Capital Partners LLC 67.67 -1.85% -2.73 0.80 Jensen Investment Management, Inc. 66.51 -32.96% -49.56 -16.43 Astoria Portfolio Advisors LLC 65.03 0.22% 0.33 32.24 Truemark Group LLC 64.02 36.41% 56.87 63.92 Guinness Atkinson Asset Management 62.61 -0.09% -0.14 2.50 FMC Group Holdings LP 61.37 -0.12% -0.20 -4.20 ETFMG 60.31 5.43% 9.00 34.18 Obra Capital, Inc. 60.11 2.71% 4.51 12.41 Core Alternative Capital 59.41 0.00% 0.00 -49.06 Milliman, Inc. 58.90 -2.63% -4.47 -11.83 ProcureAM 58.33 3.27% 5.61 6.30 Cambiar Holdings 58.21 -0.29% -0.50 -0.63 Spear Advisors LLC 56.10 -1.27% -2.27 3.24 Goose Hollow Capital Management LLC 55.80 1.53% 2.75 -2.43 Sammons Enterprises, Inc. 55.48 0.51% 0.93 0.50 Impact Shares 53.11 -1.05% -1.97 -4.00 Split Rock Private Trading & Wealth Management LLC 47.07 0.00% 0.00 2.49 WealthTrust Asset Management LLC 47.02 -0.01% -0.02 5.85 IDX Advisors LLC 44.61 0.00% 0.00 -6.27 Q3 Asset Management Corp. 43.91 -1.72% -3.91 -8.44 Belpointe 43.30 5.58% 12.89 3.11 Pacific Investments Ltd. 42.93 0.00% 0.00 38.35 Reflection Asset Management, LLC 42.54 -0.01% -0.02 0.83 Alternative Access Funds LLC 42.53 -0.01% -0.03 15.04 Formidable Asset Management 41.01 -2.60% -6.35 -4.18 PMV Capital LLC 40.86 0.82% 2.00 12.07 Sparkline Capital LP 39.46 0.90% 2.29 2.93 Thor Analytics LLC 37.18 -40.74% -109.59 -46.30 Argent Capital Management 34.93 7.29% 20.88 22.74 Ocean Park Asset Management LLC 34.87 6.60% 18.93 14.61 Donald L. Hagan LLC 34.12 0.00% 0.00 33.35 Sheaff Brock Capital Management LLC 33.74 0.01% 0.03 0.27 Acquirers Funds 33.56 -0.88% -2.63 -7.33 Tapp Finance, Inc. 32.35 6.76% 20.88 19.78 Cohanzick Management 31.91 1.05% 3.30 -33.67 Cultivar Capital, Inc. 31.87 0.50% 1.58 1.00 Guardian Capital Group Ltd. 31.21 -1.50% -4.82 -6.04 Point Bridge Capital 30.45 -0.01% -0.02 3.71 Peakshares LLC 27.92 2.17% 7.79 10.85 Delaware Management Company Inc 26.74 1.80% 6.73 9.99 Mairs & Power, Inc. 25.66 0.65% 2.53 2.86 Advent Capital Management LLC 25.49 24.75% 97.11 25.25 Nightview Capital LLC 24.44 -0.65% -2.65 -1.23 Amun Holdings Ltd. 23.06 0.00% 0.00 9.05 Polen Capital Management LLC 22.50 0.50% 2.22 8.68 Clockwise Capital LLC 21.44 -0.58% -2.70 2.91 Cullen Capital Management LLC 20.96 2.46% 11.75 10.83 Grant/GrossMendelsohn LLC 19.47 0.00% 0.00 0.00 Carbon Collective Investing LLC 18.86 0.61% 3.22 3.14 Atlas Capital Team, Inc. 17.40 0.52% 3.02 9.71 Public Trust Advisors LLC 16.60 0.00% 0.00 3.04 Democracy Investment Management LLC 13.59 3.76% 27.66 3.76 Build Asset Management LLC 13.13 -0.63% -4.77 6.27 First Trust Advisors LP 12.57 2.08% 16.56 11.05 Power Financial Corp. 12.40 4.07% 32.80 4.07 NSI Holdings, Inc. 12.00 0.25% 2.09 1.73 Precidian Investments LLC 11.23 0.94% 8.34 0.94 Unlimited Funds, Inc. 10.41 3.88% 37.24 10.16 Otter Creek Advisors LLC 9.29 -0.24% -2.61 0.82 Brookmont Capital Management LLC 9.03 2.00% 22.12 8.00 Dvx Ventures LLC 6.62 6.60% 99.81 6.60 Vontobel Holding AG 5.80 5.75% 99.27 5.75 ONEFUND LLC 5.54 0.00% 0.00 2.07 Suncoast Equity Management LLC 5.37 5.31% 98.87 5.31 Hypatia Capital Group LLC 4.79 0.57% 11.89 0.86 Distribution Cognizant LLC 4.62 0.00% 0.00 0.00 Sarmaya Partners LLC 4.54 0.52% 11.46 4.37 X-Square Capital 4.40 0.00% 0.00 0.64 Albert D. Mason, Inc. 4.32 0.00% 0.00 -0.52 Kingsbarn Capital Management LLC 4.05 1.11% 27.35 1.79 Horizon Kinetics Holding Corp. 3.98 3.81% 95.84 3.81 Langar Investment Management LLC 3.48 -0.50% -14.23 1.30 Hilltop Holdings, Inc. 3.25 0.00% 0.00 2.34 Cboe 3.06 0.00% 0.00 -0.57 Epiris Managers LLP 2.54 0.00% 0.00 1.22 2.45 0.00% 0.00 -1.24 HWCap Holdings LLC 1.93 0.25% 12.83 1.91 Saracen Energy Advisors LP 1.76 0.00% 0.00 0.75 WEBs Investments, Inc. 1.74 0.00% 0.00 -0.41 Abacus Life, Inc. 1.18 0.00% 0.00 0.22 Fortuna Funds LLC 0.87 0.30% 34.66 0.80 Kelly Intelligence LLC 0.50 0.00% 0.00 -5.13 Lazard, Inc. 0.00 0.00% 0.00 0.00 VegTech LLC 0.00 0.00% 0.00 0.46 Cohen & Steers, Inc. (New York) 0.00 0.00% 0.00 0.00 Jacob Asset Management of New York LLC 0.00 0.00% 0.00 0.00 Dynamic Shares LLC 0.00 0.00% 0.00 0.00 AlphaMark Advisors 0.00 0.00% 0.00 0.00 Russell Investments Group Ltd. 0.00 0.00% 0.00 0.00 Arch Indices Investment Advisors LLC 0.00 0.00% 0.00 0.00 Disclaimer: All data as of 6 a.m. Eastern time 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 | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
