Most Popular ETFs by Trading Volume | Live Rankings
SPY — the SPDR S&P 500 ETF Trust — launched on January 22, 1993, as the first ETF in the United States. It remains the most widely traded ETF in the world, and it consistently tops daily volume rankings on U.S. exchanges. Several other funds regularly trade tens of millions of shares per day alongside it.
High trading volume matters because it translates directly into liquidity. ETFs with heavy order flow typically have narrower bid-ask spreads, meaning lower transaction costs. Volume also supports the creation and redemption mechanism that keeps an ETF’s market price aligned with its net asset value — authorized participants can efficiently create or redeem share baskets when the fund trades actively.
Among the most traded ETFs on any given day, several names appear repeatedly:
- SPY — SPDR S&P 500 ETF Trust, tracking all 500 stocks in the S&P 500 index. Structured as a unit investment trust by State Street Global Advisors.
- QQQ — Invesco QQQ Trust, launched in 1999 as the first ETF to track the Nasdaq-100. Preferred by institutional traders over its cheaper sibling QQQM due to superior liquidity.
- TQQQ — ProShares UltraPro QQQ, targeting 3× the daily return of the Nasdaq-100. Leverage resets daily, making it a short-term trading instrument.
- SQQQ — ProShares UltraPro Short QQQ, providing 3× inverse daily exposure to the Nasdaq-100. Heavily used as a bearish or hedging tool during volatile periods.
- IWM — iShares Russell 2000 ETF, one of the most popular ETFs in the small-cap space, holding roughly 2,000 U.S. small-cap stocks.
- XLF — Financial Select Sector SPDR Fund, covering banks, insurance, capital markets, and consumer finance within the S&P 500’s financial sector.
- EEM — iShares MSCI Emerging Markets ETF, a heavyweight that routinely trades more than 20 million shares per day.
It is worth noting that the most heavily traded funds are not always the cheapest in their category, nor do they necessarily have the most assets under management. Volume is driven by active trading demand, not just long-term holdings. You can explore the largest ETFs by assets under management for a different perspective on fund size.
Regulated brokerThe table below ranks the most popular ETFs on the market by trading volume, updated with live data.
| Stock | Price | Change % | 52 Week Range |
|---|---|---|---|
 ProShares UltraPro Short QQQ SQQQ | $36.75 | 7.01% | |
 ProShares UltraPro QQQ TQQQ | $82.87 | 6.87% | |
SPDR S&P 500 ETF Trust SPY | $746.74 | 1.04% | |
Direxion Daily Semiconductor Bull 3x Shares SOXL | $279.29 | 19.43% | |
 Financial Select Sector SPDR Fund XLF | $53.57 | 0.89% | |
 Invesco QQQ Trust Series I QQQ | $740.62 | 2.51% | |
 iShares China Large-Cap ETF FXI | $33.30 | 1.04% | |
 iShares Bitcoin Trust ETF IBIT | $35.62 | 2.04% | |
iShares 20+ Year Treasury Bond ETF TLT | $86.75 | 0.49% | |
 iShares iBoxx $ High Yield Corporate Bond ETF HYG | $80.01 | 0.35% | |
iShares Russell 2000 ETF IWM | $295.59 | 1.97% | |
 iShares MSCI Emerging Markets ETF EEM | $70.79 | 3.25% | |
Direxion Daily S&P 500 Bear 3X Shares SPXS | $26.67 | 2.88% | |
 iShares iBoxx $ Investment Grade Corporate Bond ETF LQD | $109.07 | 0.28% | |
iShares Silver Trust SLV | $59.51 | 1.81% | |
 VanEck Gold Miners ETF GDX | $82.51 | 2.19% | |
Direxion Daily Small Cap Bear 3X Shares TZA | $4.02 | 5.85% | |
iShares MSCI Brazil ETF EWZ | $33.73 | 1.11% | |
Direxion Daily TSLA Bull 2X Shares TSLL | $13.16 | 1.86% | |
ProShares Short S&P500 SH | $33.28 | 0.95% | |
 KraneShares CSI China Internet ETF KWEB | $25.24 | 0.55% | |
 ProShares Bitcoin ETF BITO | $8.56 | 1.95% | |
Direxion Daily Small Cap Bull 3X Shares TNA | $71.77 | 5.81% | |
Direxion Daily Semiconductor Bear 3x Shares SOXS | $3.59 | 19.51% | |
 iPath Series B S&P 500 VIX Short-Term Futures ETN VXX | $22.80 | 3.14% | |
Energy Select Sector SPDR Fund XLE | $53.77 | 1.65% | |
Direxion Daily S&P Biotech Bear 3x Shares LABD | $11.29 | 2.59% | |
 GraniteShares 2x Long NVDA Daily ETF NVDL | $99.73 | 5.24% | |
Utilities Select Sector SPDR Fund XLU | $44.76 | 0.67% | |
Grayscale Bitcoin Trust ETF GBTC | $48.80 | 2.11% | |
iShares MSCI EAFE ETF EFA | $104.41 | 0.61% | |
SPDR S&P Regional Banking ETF KRE | $71.72 | 0.80% | |
Consumer Staples Select Sector SPDR Fund XLP | $83.30 | 0.45% | |
Direxion Daily Technology Bear 3X Shares TECS | $6.25 | 8.76% | |
 ARK Innovation ETF ARKK | $80.19 | 2.17% | |
ProShares UltraPro Short Dow30 SDOW | $25.38 | 0.28% | |
Fidelity Wise Origin Bitcoin Fund FBTC | $54.77 | 2.00% | |
SPDR S&P Biotech ETF XBI | $140.72 | 0.95% | |
Vanguard FTSE Developed Markets ETF VEA | $72.31 | 0.96% | |
 Direxion Daily Junior Gold Miners Index Bear 2X Shares JDST | $35.85 | 4.79% | |
ProShares Ultra Bloomberg Natural Gas BOIL | $28.31 | 2.76% | |
Invesco Senior Loan ETF BKLN | $20.46 | 0.05% | |
Vanguard FTSE Emerging Markets ETF VWO | $60.77 | 1.73% | |
ProShares UltraShort S&P500 SDS | $57.35 | 1.92% | |
 AdvisorShares Pure US Cannabis ETF MSOS | $4.99 | 4.61% | |
iShares Core MSCI Emerging Markets ETF IEMG | $85.63 | 3.14% | |
ProShares Short Bitcoin ETF BITI | $27.17 | 2.10% | |
Industrial Select Sector SPDR Fund XLI | $180.91 | 0.73% | |
iShares Core U.S. Aggregate Bond ETF AGG | $98.90 | 0.29% | |
SPDR Portfolio S&P 500 ETF SPLG | $80.00 | 1.06% | |
SPDR Gold Shares GLD | $387.12 | 0.38% | |
Health Care Select Sector SPDR Fund XLV | $149.40 | 0.87% | |
Real Estate Select Sector SPDR Fund XLRE | $43.86 | 0.25% | |
VanEck Semiconductor ETF SMH | $659.88 | 5.76% | |
iShares Core MSCI EAFE ETF IEFA | $97.29 | 0.50% | |
iShares MSCI Japan ETF EWJ | $96.26 | 1.92% | |
iShares U.S. Treasury Bond ETF GOVT | $22.75 | 0.22% | |
iShares 7-10 Year Treasury Bond ETF IEF | $94.36 | 0.36% | |
Vanguard Total Bond Market ETF BND | $73.34 | 0.27% | |
iShares Gold Trust IAU | $79.33 | 0.39% | |
 Direxion Daily Gold Miners Index Bear 2x Shares DUST | $54.04 | 4.55% | |
Vanguard Intermediate-Term Corporate Bond ETF VCIT | $82.48 | 0.32% | |
VanEck Junior Gold Miners ETF GDXJ | $107.22 | 2.34% | |
 iShares Broad USD High Yield Corporate Bond ETF USHY | $37.01 | 0.22% | |
United States Natural Gas Fund LP UNG | $11.74 | 1.47% | |
2x Long VIX Futures ETF UVIX | $3.30 | 7.04% | |
iShares U.S. Real Estate ETF IYR | $100.45 | 0.17% | |
SPDR Bloomberg 1-3 Month T-Bill ETF BIL | $91.57 | 0.04% | |
Technology Select Sector SPDR Fund XLK | $191.44 | 3.04% | |
Direxion Daily 20+ Year Treasury Bull 3X Shares TMF | $36.36 | 1.39% | |
iShares J.P. Morgan USD Emerging Markets Bond ETF EMB | $96.73 | 0.47% | |
iShares Core S&P Mid-Cap ETF IJH | $75.78 | 1.07% | |
ProShares UltraPro S&P500 UPRO | $142.81 | 2.93% | |
 Invesco S&P 500® Equal Weight ETF RSP | $209.96 | 0.46% | |
SPDR S&P Retail ETF XRT | $86.39 | 2.18% | |
ProShares Ultra VIX Short-Term Futures ETF UVXY | $26.00 | 5.25% | |
Communication Services Select Sector SPDR Fund XLC | $109.45 | 0.23% | |
ProShares UltraPro Short S&P500 SPXU | $37.42 | 2.83% | |
Direxion Daily S&P 500 Bull 3X Shares SPXL | $272.62 | 2.89% | |
 Direxion Daily FTSE China Bull 3X Shares YINN | $25.56 | 3.18% | |
iShares Core S&P 500 ETF IVV | $750.11 | 1.01% | |
SPDR Bloomberg High Yield Bond ETF JNK | $96.39 | 0.34% | |
Vanguard S&P 500 ETF VOO | $688.11 | 0.98% | |
T-REX 2X Long Tesla Daily Target ETF TSLT | $18.24 | 1.67% | |
ProShares VIX Short-Term Futures ETF VIXY | $21.90 | 3.52% | |
Materials Select Sector SPDR Fund XLB | $51.81 | 0.40% | |
2x Bitcoin Strategy ETF BITX | $11.96 | 4.17% | |
iShares MSCI India ETF INDA | $49.58 | 1.06% | |
Vanguard Real Estate ETF VNQ | $95.56 | 0.05% | |
 iShares Preferred & Income Securities ETF PFF | $31.23 | 0.45% | |
SPDR Bloomberg Short Term High Yield Bond ETF SJNK | $25.04 | 0.24% | |
Vanguard Total International Bond ETF BNDX | $48.35 | 0.08% | |
ProShares UltraShort QQQ QID | $13.63 | 4.69% | |
Consumer Discretionary Select Sector SPDR Fund XLY | $117.16 | 1.45% | |
Direxion Daily FTSE China Bear 3X Shares YANG | $34.99 | 3.09% | |
GraniteShares 2x Short NVDA Daily ETF NVD | $4.75 | 5.57% | |
SPDR Portfolio Intermediate Term Corporate Bond ETF SPIB | $33.39 | 0.21% | |
SPDR Gold MiniShares Trust GLDM | $83.44 | 0.41% | |
Global X NASDAQ 100 Covered Call ETF QYLD | $18.52 | 2.43% | |
United States Oil Fund LP USO | $114.87 | 0.56% |