Investors Buy the Dip as ETF Inflows Top $14B

Investors put $14.1 billion to work in US-listed ETFs during the week ending Friday, Nov. 6, bringing year-to-date inflows close to $1.8 trillion.

US equity ETFs took in $10.3 billion and US fixed income ETFs $2.1 billion, while international equity ETFs saw a rare outflow of $813 million.

Stocks tumbled last week. On Thursday, the Nasdaq-100 had its worst day since 2020, and the S&P 500 dropped 4.4%, its worst day since April 2025. At last week’s low, the S&P 500 was down 6% from its high, while the Nasdaq-100 was down almost 15%.

That didn’t stop ETF investors from buying, and it paid off on Monday, when stocks rebounded sharply.

Bonds have benefited from the turmoil in stocks. The 10-year Treasury yield dipped as low as 4.83% last week, its lowest level since early September.

Doubling Down on Chips

The AI trade stayed in focus. Semiconductor stocks tumbled after the midterm elections on worries that Democratic wins and a backlash against data centers will slow the AI infrastructure buildout.

The group took another hit over the weekend when Nvidia’s board said it had opened an investigation into reports that CEO Jensen Huang was the target of a foreign intelligence effort. Nvidia’s stock fell on Monday, but most other chip stocks surged, with AMD jumping around 13% and Broadcom about 9%.

ETF investors showed confidence in the AI trade, plowing $1.6 billion into the Direxion Daily Semiconductor Bull 3X Shares (SOXL) and $1 billion into the iShares Semiconductor ETF (SOXX) last week.

For a full list of last week’s top inflows and outflows, see the tables below.

Top 10 Creations (All ETFs)

Top 10 Redemptions (All ETFs)