Weekly Channel Summary
The Global Ex-U.S. Size & Style channel currently oversees $1,648B in total assets under management (AUM) across 331 ETFs, representing offerings from 91 distinct issuers. Over the past week, the channel experienced robust investor interest, pulling in $7.15B in net inflows. This recent surge adds to an already impressive year, with Year-to-Date (YTD) flows totaling $88.62B and 1-Year flows reaching an exceptional $245.86B, underscoring sustained momentum for international equities.
This Week’s Performance Leaders and Laggards
Performance across the channel faced headwinds this week, with all major categories posting negative Week-to-Date (WTD) returns. The Emerging Small | Mid Cap category proved to be the most resilient, declining a modest -1.25% WTD and holding onto a positive 3.46% return YTD. Conversely, the Global Ex-U.S. Small | Mid Cap category lagged the group, dropping -3.29% for the week, though it still maintains a positive 2.67% YTD posture.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Emerging Small | Mid Cap | -1.25% | -4.65% | 4.34% | 2.33% | 3.46% | 22.97% |
| Global Ex-U.S. Large Cap – Value | -1.61% | -5.64% | 5.10% | 10.64% | 3.59% | 31.00% |
| Emerging Large Cap | -1.69% | -5.67% | 6.11% | 10.93% | 4.63% | 33.62% |
| Global Ex-U.S. Large Cap – Blend | -2.05% | -6.37% | 2.47% | 6.14% | 1.05% | 23.55% |
| Global Ex-U.S. Large Cap – Growth | -2.48% | -6.79% | 0.03% | 3.01% | -0.93% | 18.53% |
| Global Ex-U.S. Small | Mid Cap | -3.29% | -6.61% | 4.44% | 7.74% | 2.67% | 34.15% |
At the individual fund level, the LVHI (Franklin International Low Volatility High Dividend Index ETF) was the top performer in the Global Ex-U.S. segment, returning 0.61% WTD. Within Emerging Markets, the FEM (First Trust Emerging Markets AlphaDEX Fund) led with a 0.17% weekly gain. The most significant underperformers across the board were the ISVL (iShares International Developed Small Cap Value Factor ETF) down -4.17%, and the DLS (WisdomTree International SmallCap Dividend Fund) which fell -4.10%.
Top & Bottom 5 Global Ex-U.S. ETFs by Weekly Performance
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| LVHI | Franklin International Low Volatility High Dividend Index ETF | 0.61% |
| HDEF | Xtrackers MSCI EAFE High Dividend Yield Equity ETF | -0.27% |
| EFAS | Global X MSCI SuperDividend EAFE ETF | -0.29% |
| HAWX | iShares Currency Hedged MSCI ACWI ex U.S. ETF | -0.39% |
| IDOG | ALPS International Sector Dividend Dogs ETF | -0.54% |
| Bottom Performers | ||
| ISVL | iShares International Developed Small Cap Value Factor ETF | -4.17% |
| DLS | WisdomTree International SmallCap Dividend Fund | -4.10% |
| AVDV | Avantis International Small Cap Value ETF | -4.03% |
| AVDS | Avantis International Small Cap Equity ETF | -3.97% |
| EXUS | Nomura ETF Trust Nomura Focused International Core ETF | -3.92% |
Top & Bottom 5 Emerging Market ETFs by Weekly Performance
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| FEM | First Trust Emerging Markets AlphaDEX Fund | 0.17% |
| RFEM | First Trust Riverfront Dynamic Emerging Markets ETF | -0.10% |
| HEEM | iShares Currency Hedged MSCI Emerging Markets ETF | -0.21% |
| PXH | Invesco RAFI Emerging Markets ETF | -0.31% |
| FEMS | First Trust Emerging Markets Small Cap AlphaDEX Fund | -0.36% |
| Bottom Performers | ||
| OAEM | OneAscent Enhanced Small and Mid Cap ETF Institutional Shs OneAscent… | -3.61% |
| XC | WisdomTree True Emerging Markets Fund | -3.51% |
| BCHI | GMO Beyond China ETF | -3.31% |
| EFFE | Harbor Osmosis Emerging Markets Resource Efficient ETF | -3.18% |
| PPEM | Putnam PanAgora ESG Emerging Markets Equity ETF | -2.99% |
Analyzing the Weekly Flows
The Global Ex-U.S. Size & Style channel took in an impressive $7,143M in net assets over the last 5 days. The Global Ex-U.S. Large Cap – Blend category was the primary driver of this capital gathering, absorbing a massive $4,505M on an AUM base of $1,000.7B. Global Ex-U.S. Large Cap – Growth also saw significant interest, netting $1,932M over the same period. Showing the weakest flow activity, the Emerging Small | Mid Cap category sat largely dormant, recording $0M in 5-day flows and maintaining a net outflow YTD.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Global Ex-U.S. Large Cap – Blend | 121 | $1,000.7B | $4,505M | $17,452M | $57,004M | $40,982M | $139,804M |
| Global Ex-U.S. Large Cap – Growth | 26 | $40.2B | $1,932M | $2,504M | $3,852M | $3,320M | $2,950M |
| Global Ex-U.S. Large Cap – Value | 53 | $130.5B | $279M | $3,394M | $10,512M | $9,187M | $27,390M |
| Emerging Large Cap | 101 | $408.8B | $215M | $7,863M | $37,535M | $32,276M | $65,523M |
| Global Ex-U.S. Small | Mid Cap | 20 | $64.3B | $212M | $908M | $3,583M | $2,812M | $10,384M |
| Emerging Small | Mid Cap | 6 | $3.2B | $0M | $9M | -$25M | -$24M | -$259M |
Drilling down into individual names, the EFG (iShares MSCI EAFE Growth ETF) dominated the Global Ex-U.S. space with an immense $1,730M in new assets for the week. In the Emerging Markets category, the CGNG (Capital Group New Geography Equity ETF) led the pack by gathering $90M. On the outflow side, the channel saw the most pressure in the EFV (iShares MSCI EAFE Value ETF) and EFAV (iShares MSCI EAFE Min Vol Factor ETF), which shed -$176M and -$100M respectively.
Top & Bottom 5 Global Ex-U.S. ETFs by 5-Day Flow
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| EFG | iShares MSCI EAFE Growth ETF | $1,730M |
| VEA | Vanguard FTSE Developed Markets ETF | $1,251M |
| IEFA | iShares Core MSCI EAFE ETF | $950M |
| CORO | iShares International Country Rotation Active ETF | $949M |
| SCHF | Schwab International Equity ETF | $308M |
| Outflows | ||
| EFV | iShares MSCI EAFE Value ETF | -$176M |
| EFAV | iShares MSCI EAFE Min Vol Factor ETF | -$100M |
| EDGI | 3EDGE Dynamic International Equity ETF | -$60M |
| HEFA | iShares Currency Hedged MSCI EAFE ETF | -$54M |
| VIGI | Vanguard International Dividend Appreciation ETF | -$41M |
Top & Bottom 5 Emerging Market ETFs by 5-Day Flow
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| CGNG | Capital Group New Geography Equity ETF | $90M |
| SEEM | SEI Select Emerging Markets Equity ETF | $39M |
| DFEV | Dimensional Emerging Markets Value ETF | $21M |
| JHEM | John Hancock Multifactor Emerging Markets ETF | $18M |
| AVEM | Avantis Emerging Markets Equity ETF | $17M |
| Outflows | ||
| PXH | Invesco RAFI Emerging Markets ETF | -$12M |
| PPEM | Putnam PanAgora ESG Emerging Markets Equity ETF | -$9M |
| EMM | Global X Emerging Markets ex-China ETF | -$5M |
| SDEM | Global X MSCI SuperDividend Emerging Markets ETF | $0M |
| KEMX | KraneShares MSCI Emerging Markets EX China Index ETF | $0M |
Issuer League Table Update
iShares and Vanguard firmly maintain their dominance in the Global Ex-U.S. Size & Style segment, commanding robust market shares of 38.58% and 33.54%, respectively. iShares continued its expansion, capturing an impressive $3,484M in new assets to lead the weekly inflows. On the opposite side of the spectrum, 3Edge saw the steepest comparative drawdowns over the past week, losing -$60M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 41 | $635.74B | 38.58% |
| Vanguard | 9 | $552.66B | 33.54% |
| Schwab | 7 | $111.19B | 6.75% |
| Dimensional | 15 | $91.10B | 5.53% |
| State Street | 12 | $60.65B | 3.68% |
Top & Bottom 3 Issuers by 5-Day Flow
| Inflows | |
| Brand | 5-Day Flow |
|---|---|
| iShares | $3,484M |
| Vanguard | $1,282M |
| Dimensional | $655M |
| Outflows | |
| 3Edge | -$60M |
| American Century | -$20M |
| Putnam | -$9M |
For a deeper dive into these trends, access our FREE, in-depth Global Ex-U.S. ETF reports in the right side panel of this page.
Disclosures
This material is for informational purposes only and should not be considered investment advice. All investments, including ETFs, involve risk, including the possible loss of principal. Investors should consider their investment objectives, risks, charges, and expenses carefully before investing.
This analysis was developed by the team at ETF Action. We leverage advanced AI tools to assist in the drafting and refinement of our content, based on our expert prompts, direction, and final review.
