Weekly Channel Summary
The U.S. Size & Style ETF channel concluded the week with total assets under management reaching $6,928 billion across 899 ETFs from 245 different issuers. The channel saw significant interest, attracting $26.38 billion in net inflows over the past week. This continues a strong positive trend, with year-to-date inflows now standing at $413.13 billion and total inflows over the past year reaching $583.68 billion.
This Week’s Performance Leaders and Laggards
Value-oriented strategies led the way in performance this week, with U.S. Mid Cap – Value posting the strongest returns at 0.17%. U.S. Small Cap – Value also finished in the green. On the other end of the spectrum, U.S. Large Cap – Growth was the primary laggard, dropping -2.74% for the week. Despite this setback, the Large Cap Growth category remains the clear leader on a year-to-date basis, up 15.80%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Mid Cap – Value | +0.17% | -1.58% | +3.78% | +11.91% | +5.17% | +0.19% |
| U.S. Small Cap – Value | +0.07% | -1.22% | +5.81% | +16.04% | +2.66% | -2.72% |
| U.S. Large Cap – Value | -0.06% | -0.73% | +4.68% | +11.93% | +9.98% | +5.50% |
| U.S. Mid Cap – Blend | -0.18% | -0.76% | +3.95% | +12.44% | +6.15% | +1.33% |
| U.S. Small Cap – Blend | -0.51% | -1.07% | +5.65% | +14.81% | +5.28% | -0.54% |
| U.S. Large Cap – Blend | -1.20% | -0.42% | +5.04% | +15.67% | +12.00% | +9.36% |
| U.S. Small Cap – Growth | -1.26% | -0.66% | +6.81% | +17.08% | +7.13% | +0.72% |
| U.S. Mid Cap – Growth | -1.47% | -1.63% | +2.31% | +13.88% | +7.98% | +4.82% |
| U.S. Large Cap – Growth | -2.74% | -0.39% | +5.58% | +21.76% | +15.80% | +14.87% |
Top & Bottom ETFs by Weekly Performance
Highlighting the top and bottom performers by market cap, the Large Cap segment saw GQGU (GQG US Equity ETF) lead with a 1.96% gain, while the FFTY (Innovator IBD 50 ETF) struggled, falling -9.14%. In Mid Caps, the XMLV (Invesco S&P MidCap Low Volatility ETF) was the top performer at 2.00%, and the FRTY (Alger Mid Cap 40 ETF) was the worst, down -5.48%. For Small Caps, SCAP (Infrastructure Capital Small Cap Income ETF) rose 2.43%, as SMLL (Harbor Active Small Cap ETF) saw the largest decline at -4.55%.
Large Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| GQGU | GQG US Equity ETF | +1.96% |
| ICAP | Infrastructure Capital Equity Income ETF | +1.91% |
| SIXL | ETC 6 Meridian Low Beta Equity ETF | +1.82% |
| DIV | Global X SuperDividend US ETF | +1.62% |
| ABEQ | Absolute Select Value ETF | +1.39% |
| Bottom Performers | ||
| FFTY | Innovator IBD 50 ETF | -9.14% |
| BUZZ | VanEck Social Sentiment ETF | -8.03% |
| SGRT | SMART Earnings Growth 30 ETF | -6.18% |
| HCMT | Direxion HCM Tactical Enhanced US ETF | -4.89% |
| TSEL | Touchstone Sands Capital US Select Growth ETF | -4.83% |
Mid Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| XMLV | Invesco S&P MidCap Low Volatility ETF | +2.00% |
| HSMV | First Trust Horizon Managed Volatility Small/Mid ETF | +1.80% |
| XMVM | Invesco S&P MidCap Value with Momentum ETF | +1.52% |
| REGL | ProShares S&P MidCap 400 Dividend Aristocrats ETF | +1.48% |
| FLQM | Franklin U.S. Mid Cap Multifactor Index ETF | +1.32% |
| Bottom Performers | ||
| FRTY | Alger Mid Cap 40 ETF | -5.48% |
| IPO | Renaissance IPO ETF | -5.09% |
| CBSE | Clough Select Equity ETF | -3.13% |
| SAEF | Schwab Ariel Opportunities ETF | -2.38% |
| TMFX | Motley Fool Next Index ETF | -2.38% |
Small Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| SCAP | Infrastructure Capital Small Cap Income ETF | +2.43% |
| XSLV | Invesco S&P SmallCap Low Volatility ETF | +1.83% |
| ROSC | Hartford Multifactor Small Cap ETF | +1.75% |
| SMCF | Themes US Small Cap Cash Flow Champions ETF | +1.65% |
| FDM | First Trust Dow Jones Select MicroCap Index Fund | +1.37% |
| Bottom Performers | ||
| SMLL | Harbor Active Small Cap ETF | -4.55% |
| IWC | iShares Micro-Cap ETF | -4.42% |
| DWAS | Invesco Dorsey Wright SmallCap Momentum ETF | -2.95% |
| IWO | iShares Russell 2000 Growth ETF | -2.89% |
| VTWG | Vanguard Russell 2000 Growth ETF | -2.88% |
Analyzing the Weekly Flows
The channel experienced robust inflows of $26.47 billion over the past five days. The U.S. Large Cap – Blend category was the standout, pulling in a massive $17.20 billion and growing its total AUM to $3.89 trillion. U.S. Large Cap – Growth also saw significant inflows, adding $6.94 billion. The largest outflows were seen in the U.S. Mid Cap – Growth category, which shed $65 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 334 | $3,885.5B | $17,196M | $50,256M | $99,966M | $251,098M | $345,683M |
| U.S. Large Cap – Growth | 150 | $1,238.4B | $6,935M | $22,928M | $41,541M | $105,360M | $136,433M |
| U.S. Small Cap – Blend | 60 | $312.8B | $2,361M | $1,364M | $6,114M | ($7,534M) | ($1,864M) |
| U.S. Large Cap – Value | 190 | $854.0B | $213M | $3,659M | $18,478M | $47,785M | $70,748M |
| U.S. Small Cap – Value | 34 | $93.2B | ($11M) | ($404M) | $190M | ($3,784M) | ($1,694M) |
| U.S. Mid Cap – Value | 21 | $73.3B | ($47M) | ($188M) | $705M | $1,077M | $2,769M |
| U.S. Small Cap – Growth | 18 | $49.8B | ($47M) | $247M | $83M | ($1,910M) | ($48M) |
| U.S. Mid Cap – Blend | 66 | $352.7B | ($63M) | $1,182M | $5,403M | $19,429M | $28,702M |
| U.S. Mid Cap – Growth | 23 | $58.3B | ($65M) | $75M | $1,382M | $1,777M | $3,120M |
Top & Bottom ETFs by 5-Day Flow
At the individual ETF level, the SPY (SPDR S&P 500 ETF Trust) was the clear Large Cap leader, attracting $11.97 billion, while the DIA (SPDR Dow Jones Industrial Average ETF Trust) saw the largest outflows at $1.65 billion. For Mid Caps, JHMM (John Hancock Multifactor Mid Cap ETF) led inflows with $70 million, and the IJH (iShares Core S&P Mid-Cap ETF) topped outflows at $177 million. In the Small Cap space, IWM (iShares Russell 2000 ETF) gathered $1.47 billion, while SLYG (State Street SPDR S&P 600 Small Cap Growth ETF) saw the most redemptions at $42 million.
Large Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SPY | SPDR S&P 500 ETF Trust | $11,971M |
| QQQ | Invesco QQQ Trust Series I | $2,765M |
| VOO | Vanguard S&P 500 ETF | $2,356M |
| IVV | iShares Core S&P 500 ETF | $2,084M |
| VONG | Vanguard Russell 1000 Growth ETF | $2,002M |
| Outflows | ||
| DIA | SPDR Dow Jones Industrial Average ETF Trust | ($1,653M) |
| SCHG | Schwab U.S. Large-Cap Growth ETF | ($935M) |
| VONV | Vanguard Russell 1000 Value ETF | ($416M) |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | ($409M) |
| MTUM | iShares MSCI USA Momentum Factor ETF | ($187M) |
Mid Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| JHMM | John Hancock Multifactor Mid Cap ETF | $70M |
| GRPM | Invesco S&P MidCap 400 GARP ETF | $55M |
| SDVY | First Trust SMID Cap Rising Dividend Achievers ETF | $39M |
| XMMO | Invesco S&P MidCap Momentum ETF | $33M |
| BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | $29M |
| Outflows | ||
| IJH | iShares Core S&P Mid-Cap ETF | ($177M) |
| MDY | SPDR S&P Midcap 400 ETF Trust | ($134M) |
| IWP | iShares Russell Mid-Cap Growth ETF | ($85M) |
| VO | Vanguard Mid-Cap ETF | ($78M) |
| IWS | iShares Russell Mid-Cap Value ETF | ($48M) |
Small Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IWM | iShares Russell 2000 ETF | $1,470M |
| IJR | iShares Core S&P Small Cap ETF | $663M |
| VTWO | Vanguard Russell 2000 ETF | $82M |
| AVUV | Avantis U.S. Small Cap Value ETF | $35M |
| VB | Vanguard Small-Cap ETF | $32M |
| Outflows | ||
| SLYG | State Street SPDR S&P 600 Small Cap Growth ETF | ($42M) |
| SLYV | State Street SPDR S&P 600 Small Cap Value ETF | ($35M) |
| CALF | Pacer US Small Cap Cash Cows ETF | ($32M) |
| IJS | iShares S&P Small-Cap 600 Value ETF | ($16M) |
| IWO | iShares Russell 2000 Growth ETF | ($16M) |
Issuer League Table Update
Vanguard (33.85% market share) and iShares (27.47% market share) remain the dominant issuers in the U.S. Size & Style channel. However, this week’s flow leader was SPDR, which collected an impressive $10.47 billion. Among the top issuers, Schwab experienced the largest outflows, with $938 million exiting its funds.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 38 | $2,345.30B | 33.85% |
| iShares | 81 | $1,903.41B | 27.47% |
| SPDR | 30 | $1,021.51B | 14.74% |
| Invesco | 69 | $678.25B | 9.79% |
| Schwab | 12 | $298.59B | 4.31% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| SPDR | $10,473M |
| Vanguard | $5,532M |
| iShares | $4,674M |
| Outflows | |
| Schwab | -$938M |
| Pacer | -$187M |
| Akre | -$88M |
For a deeper dive into these trends, access our FREE, in-depth 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.
