NEW YORK, January 6, 2026, 06:39 (EST) — Premarket
- Vanguard S&P 500 ETF (VOO) took in $5.86 billion of net inflows on Jan. 2, lifting assets to about $839 billion, ETF.com data showed.
- SPDR S&P 500 ETF Trust (SPY) posted a $239 million net outflow the same day, despite holding more than $700 billion in assets.
- Traders are focused on the U.S. employment report due Friday at 8:30 a.m. ET.
Vanguard’s S&P 500 tracker VOO, the biggest exchange-traded fund on the U.S. stock market, drew $5.86 billion of net inflows on Jan. 2, ETF.com data showed. Assets under management — the money invested in the fund — stood at about $839 billion.
Flows into the largest broad-market ETFs are a quick read on whether investors are adding equity exposure or pulling back, particularly at the start of a new year. The next near-term test is Friday’s U.S. payrolls report, a key input for rate-cut expectations.
VOO last closed at $632.46 on Monday, up about 0.6%, after Wall Street’s main indexes finished higher and the Dow hit a record, Reuters reported. The S&P 500 ended up 0.64% at 6,902.05.
Energy shares led gains after U.S. forces captured Venezuelan President Nicolas Maduro, with investors betting U.S. firms could gain access to the country’s oil reserves, Reuters reported. “Energy stocks are really benefiting from the expectation that President Trump is intending to send them in to do more investment in Venezuela,” said Rob Haworth, senior investment strategist at U.S. Bank Wealth Management. Reuters
Beyond VOO, iShares Core S&P 500 ETF (IVV) took in $616 million and Invesco QQQ Trust (QQQ) added $522 million on Jan. 2, according to ETF.com. On the outflow side, SPY saw $239 million of redemptions and SPDR Gold Shares (GLD) lost $753 million.
VOO seeks to track a benchmark that measures the return of large-cap U.S. stocks and lists total annual operating expenses of 0.03%, Vanguard’s prospectus showed. SPY, launched in 1993 and widely used for hedging and short-term positioning, lists a 0.0945% gross expense ratio and offers listed options, State Street Global Advisors said.
Financial stocks also powered Monday’s rally as investors looked ahead to quarterly reports, Reuters reported. “The mood has been favoring financial stocks in recent days,” said Steve Sosnick, chief market analyst at Interactive Brokers. Reuters
But early-year inflows can reverse quickly if economic data force markets to reprice the path for interest rates or if geopolitical risk spills over into broader equities. Concentration is another fault line: information technology represents about 34% of the S&P 500 sector mix, according to State Street data.
The next clear catalyst is Friday’s Employment Situation report for December, due at 8:30 a.m. ET, which traders will use to reassess rate-cut bets and the direction of broad index ETFs such as VOO and SPY.
