Fund Flows
Week to Oct 21: long-term +12.3bn, equity +13.9bn, bond -0.2bn, commodity +0.7bn.
▶ View the live, interactive version with full charts →
Weekly ICI net flows into long-term mutual funds and ETFs — equity (US vs non-US), hybrid, bond and commodity — tracked against what the index did. Covers 98%+ of industry assets, so it is the closest public read on where household and advisor money is actually moving. The study also shows what the flows are worth as a forecast, which is close to nothing: they run +0.50 correlated with the SAME month and -0.06 (US equity) with the next. A positioning gauge and a recap input, not a trade trigger.
- 152 monthly and 110 weekly ICI prints since 2014-01.
- Week to Oct 21: long-term +12.3bn, equity +13.9bn, bond -0.2bn, commodity +0.7bn.
- Coincident, not leading: flows track the current month (+0.50) and not the next one (-0.13).
When to run this study
Run after the ICI release — Wednesday around midday ET, covering the week ended the prior Wednesday. Best used as the positioning paragraph in a weekly recap: who added, who sold, and whether the week broke the recent run. It is a coincident gauge, not a leading one, so do not read a big inflow or outflow print as a forecast of next week.
Historical results
Net flows, week ended 2026-10-21 ($bn)
| Category | This week | Prior 4wk avg | vs 4wk avg | Last 13wk total |
|---|---|---|---|---|
| Total long-term | 12.32 | -110.32 | 122.64 | -330.60 |
| Equity | 13.89 | -119.81 | 133.71 | -478.80 |
| US equity | 7.09 | -124.76 | 131.85 | -519.90 |
| Non-US equity | 6.80 | 4.95 | 1.85 | 41.10 |
| Hybrid | -2.09 | -1.65 | -0.43 | -18.30 |
| Bond | -0.17 | 10.90 | -11.07 | 150.70 |
| Commodity | 0.69 | 0.25 | 0.44 | 15.70 |