S&P 500 and Equity ETF Flows ETF equity inflows aren’t necessarily a sell signal for the S&P 500 right now, but they spotlight a market chasing risk. With stocks and flows climbing fast together, sentiment could face a tougher stretch in 2026. Image: Strategas Asset Management
Asset Class Flow The surge of capital into U.S. stock funds in 2025 was largely fueled by optimism around growth prospects, strong earnings, and heavy investments by tech and AI giants. Image: J.P. Morgan Equity Derivatives Strategy
Sector ETF Flows ETF flows held strong as 2025 progressed, with another solid week for equity funds, while investors kept rotating from Financials to Healthcare. Image: Strategas Asset Management
Average Equity Fund Flow by Calendar Month Over the Past Decade Excluding U.S. Election Years History says year-end momentum has legs: outside U.S. election years, equity flows spike in December and stay strong through Q1—adding weight to the case for retail strength through early 2026. Image: J.P. Morgan Flows and Liquidity
U.S. ETF and Mutual Fund Flows In 2025, many investors have been favoring the relative safety of bonds and money market funds over riskier equities, amid geopolitical tensions, and persistently high interest rates. Image: Goldman Sachs Global Investment Research
Cumulative Equity Sector Fund Flows Equity funds have continued to attract solid inflows in 2025, driven by strong demand for U.S. and Chinese markets. The buying has been selective, with money gravitating toward Technology, Financials, Materials, and Industrials. Image: Deutsche Bank Asset Allocation
U.S. ETF Flows Cash is flooding into U.S. ETFs—over $1 trillion so far in 2025—a record-breaking surge running more than three times the usual seasonal pace as investors chase diversification and tactical flexibility. Image: Bloomberg
Flows into Metals Funds Commodity funds—especially those tracking gold and silver—have seen a surge of inflows in recent weeks, fueled by geopolitical jitters, bets on Fed rate cuts, and steady central bank buying. Image: Goldman Sachs Global Investment Research
Equity Sector Flows Money keeps flowing into industrials and financials, while energy and health care still see pronounced outflows. Image: J.P. Morgan Equity Derivatives Strategy
S&P 500 Cash Spending Relative to Cash Flows Many S&P 500 companies devote substantial cash flow to stock buybacks, a practice that benefits shareholders in the short term but sparks concerns about favoring short-term gains over long-term growth. Image: Goldman Sachs Global Investment Research
U.S. Fund Flows Since 2023, cash and bonds have attracted substantial inflows, driven by central bank policy shifts, investor preferences for income and safety, and broader macroeconomic factors. Image: Goldman Sachs Global Investment Research