Two of the most-popular ETFs of the previous week had no connection to the unreal intelligence craze driving enormous features in components of the inventory market. The iShares Russell 2000 ETF (IWM) raked in additional than $1 billion of inflows over the previous week by Thursday’s shut, in line with FactSet. The SPDR Gold Shares ETF (GLD) was one other profitable fund, pulling in about $270 million. These flows are a notable distinction to the market’s efficiency this week, the place massive tech shares outperformed. Each gold and the Russell 2000 have fallen barely in Might, so the inflows may replicate buyers shopping for a dip. Three broad Vanguard funds additionally made the highest 5, together with the Vanguard Info Expertise ETF (VGT) , which does have a big weight in Nvidia. ETF fund flows aren’t at all times an ideal gauge for what buyers are betting on. The deal with one product can miss traits in different areas, corresponding to particular person inventory purchases, and fund flows may also be attributable to bigger buyers coming into brief positions. Some prime performers of the week by worth return embody the World X MSCI Greek ETF (GREK) , which gained greater than 6% by Thursday’s shut, and the VanEck Semiconductor ETF (SMH) , which added 5.4%. Listed here are another notable funds from the week: The Franklin FTSE India ETF (FLIN) pulled in $49 million of money, a comparatively great amount for a fund nonetheless beneath $200 million. The ETF is roughly flat 12 months to this point. Nvidia’s blowout earnings report gave a jolt to the single-stock ETFs that monitor the chip large. The AXS 1.25x NVDA Bear Every day ETF (NVDS) had its highest buying and selling day on report Thursday. The fund fell 30% on the day however nonetheless has greater than $100 million in belongings. The GraniteShares 1.5x Lengthy NVDA Every day ETF (NVDL) additionally had a record-high quantity day, however the fund stays a lot smaller at about $30 million of belongings beneath administration.