Global Equity ETFs: Large Cap Growth Holds the Line as Small Caps Slide

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Weekly Channel Summary

The Global Equity – Size & Style ETF channel, encompassing 93 ETFs across 65 issuers, manages a substantial $166B in total assets. This past week, the category saw positive net flows of $0.35B, contributing to robust year-to-date inflows of $9.18B and a massive $31.03B gathered over the past year.

This Week’s Performance Leaders and Laggards

It was a broadly challenging week for the global size and style segments, though Large Cap Growth proved the most resilient, declining by just 3.07%. On the other end of the spectrum, Global Small | Mid Cap was the primary laggard with a drawdown of 4.48%. Despite the recent weekly pullback, Global Small | Mid Cap remains the strongest performer year-to-date, up 5.93%, while Large Cap Growth remains underwater for the year at -3.67%.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Equity: Global Large Cap – Growth -3.07% -2.25% -3.92% -2.80% -3.67% 5.56%
Equity: Global Large Cap – Blend -3.85% -2.69% 0.99% 5.67% 0.46% 18.10%
Equity: Global Large Cap – Value -4.38% -2.39% 6.86% 11.42% 4.86% 25.12%
Equity: Global Small | Mid Cap -4.48% -1.59% 6.39% 10.66% 5.93% 27.85%

Top & Bottom 5 ETFs by Weekly Performance

In a negative tape, the Tremblant Global ETF (TOGA) navigated the downside best, retreating just 0.27%. Conversely, the Oakmark International Large Cap ETF (OAKI) and Conductor Global Equity Value ETF (CGV) experienced the sharpest weekly declines, shedding 7.47% and 7.31%, respectively.

Ticker Fund Name WTD Performance
Top Performers
TOGA Tremblant Global ETF -0.27%
PCGG Polen Capital Global Growth ETF -0.74%
CRTC Xtrackers US National Critical Technologies ETF -0.89%
EZRO Alpha Droid Defensive Sector Rotation ETF -1.05%
CZAR Themes Natural Monopoly ETF -1.62%
Bottom Performers
OAKI Oakmark International Large Cap ETF -7.47%
CGV Conductor Global Equity Value ETF -7.31%
IGTR Innovator Gradient Tactical Rotation Strategy ETF -6.64%
FINT Frontier Asset Total International Equity ETF -6.56%
FPAG FPA Global Equity ETF -6.12%

Analyzing the Weekly Flows

The channel attracted $353M in net new capital this week. The vast majority was directed toward the Global Large Cap – Blend category, which absorbed $431M to boost its industry-leading AUM to $143.3B. The Global Large Cap – Growth category also logged solid weekly inflows of $71M, while the Global Small | Mid Cap space encountered resistance, shedding $157M in net outflows.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Equity: Global Large Cap – Blend 67 $143.3B $431M $3,838M $10,686M $7,879M $26,576M
Equity: Global Large Cap – Growth 4 $9.7B $71M $308M $1,031M $875M $2,709M
Equity: Global Large Cap – Value 13 $8.5B $8M $311M $599M $565M $965M
Equity: Global Small | Mid Cap 9 $4.4B -$157M -$128M -$114M -$144M $780M

Top & Bottom 5 ETFs by 5-Day Flow

At the fund level, the Vanguard Total World Stock ETF (VT) commanded the largest absolute inflows, taking in $205M over the past five days. Selling pressure was most evident in the iShares MSCI World Small-Cap ETF (WSML) and the iShares Global 100 ETF (100), which bled $213M and $13M, respectively.

Ticker Fund Name 5-Day Flow
Inflows
VT Vanguard Total World Stock ETF $205M
CGGO Capital Group Global Growth Equity ETF $69M
CGDG Capital Group Dividend Growers ETF $64M
SDIV Global X Superdividend ETF $51M
FEGE First Eagle Global Equity ETF $28M
Outflows
WSML iShares MSCI World Small-Cap ETF -$213M
100 iShares Global 100 ETF -$13M
INFL Horizon Kinetics Inflation Beneficiaries ETF -$13M
ACWV iShares MSCI Global Min Vol Factor ETF -$12M
RWLC Rayliant Wilshire NxtGen US Large Cap Equity ETF -$4M

Issuer League Table Update

Vanguard and iShares remain the dominant heavyweights in the global size and style arena, commanding 38.94% and 32.16% of total AUM, respectively. This past week, Vanguard widened its lead by sweeping up $205M in net inflows, while iShares experienced the category’s largest net outflows, parting with $205M in assets.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Vanguard 1 $64.62B 38.94%
iShares 11 $53.36B 32.16%
Capital Group 3 $15.94B 9.61%
JPMorgan 2 $6.88B 4.15%
Pacer 4 $3.30B 1.99%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
Vanguard $205M
Capital Group $158M
Global X $51M
Outflows
iShares -$205M
Horizon Kinetics -$13M
Rayliant -$4M

For a deeper dive into these trends, access our FREE, in-depth Global Equity – Size & Style 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.