Weekly Channel Summary
The Global Ex-U.S. Size & Style ETF channel currently manages approximately $1.56 trillion in total assets across 325 ETFs from 91 different issuers. The channel experienced significant investor interest this week, pulling in $8.61 billion in net inflows. This strong momentum is reflected in longer-term trends as well, with $9.39 billion in year-to-date (YTD) flows and a substantial $179.32 billion gathered over the past year.
This Week’s Performance Leaders and Laggards
Growth strategies dominated the performance leaderboard this week, led by the Global Ex-U.S. Large Cap – Growth category, which posted a strong week-to-date (WTD) return of 2.63%. Conversely, the Large Cap – Value segment lagged significantly, returning only 0.86% for the week. On a year-to-date basis, Growth remains the leader with a 3.63% return, while Value sits at 1.62%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Large Cap – Growth | 2.63% | 5.41% | 4.92% | 10.21% | 3.63% | 27.71% |
| Small | Mid Cap | 2.03% | 5.22% | 6.82% | 13.96% | 2.57% | 41.16% |
| Emerging Small | Mid Cap | 1.66% | 3.65% | 1.79% | 7.33% | 2.38% | 20.71% |
| Large Cap – Blend | 1.64% | 4.94% | 6.32% | 12.19% | 2.52% | 33.22% |
| Emerging Large Cap | 1.63% | 5.27% | 6.89% | 16.78% | 3.24% | 33.75% |
| Large Cap – Value | 0.86% | 4.49% | 8.26% | 14.37% | 1.62% | 39.87% |
Individual performance was led by the IPOS (Renaissance International IPO ETF) in the Global Ex-U.S. segment, which surged 7.01% WTD. In the Emerging Markets segment, FRDM (Freedom 100 Emerging Markets ETF) was the top performer with a 3.60% return. On the downside, HDEF (Xtrackers MSCI EAFE High Dividend Yield Equity ETF) and IDV (iShares International Select Dividend ETF) were the primary laggards, returning -0.74% and -0.43% respectively.
Top & Bottom 5 Global Ex-U.S. ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| IPOS | Renaissance International IPO ETF | 7.01% |
| IMOM | Alpha Architect International Quantitative Momentum ETF | 4.93% |
| GRIN | VictoryShares International Free Cash Flow Growth ETF | 4.06% |
| PCIG | Polen Capital International Growth ETF | 3.78% |
| PQNT | Pictet Al Enhanced International Equity ETF | 3.42% |
| Bottom Performers | ||
| HDEF | Xtrackers MSCI EAFE High Dividend Yield Equity ETF | -0.74% |
| IDV | iShares International Select Dividend ETF | -0.43% |
| IPKW | Invesco International BuyBack Achievers ETF | -0.34% |
| XIDV | Franklin International Dividend Booster Index ETF | -0.27% |
| EFAS | Global X MSCI SuperDividend EAFE ETF | -0.26% |
Top & Bottom 5 Emerging Market ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| FRDM | Freedom 100 Emerging Markets ETF | 3.60% |
| FEMS | First Trust Emerging Markets Small Cap AlphaDEX Fund | 3.46% |
| WCME | First Trust WCM Developing World Equity ETF | 3.25% |
| PCEM | Polen Capital Emerging Markets ex China Growth ETF | 3.16% |
| EMSF | Matthews Emerging Markets Sustainable Future Active ETF | 3.14% |
| Bottom Performers | ||
| BKF | iShares MSCI BIC ETF | -0.40% |
| DEM | WisdomTree Emerging Markets High Dividend Fund | 0.37% |
| LDEM | iShares ESG MSCI EM Leaders ETF | 0.37% |
| EMDV | ProShares MSCI Emerging Markets Dividend Growers ETF | 0.45% |
| EELV | Invesco S&P Emerging Markets Low Volatility ETF | 0.46% |
Analyzing the Weekly Flows
The channel recorded a healthy $8.61 billion in net inflows this week. The Global Ex-U.S. Large Cap – Blend category was the primary beneficiary, attracting $4.68 billion in new capital, bringing its total AUM to $961.8 billion. Emerging Large Cap also saw significant interest with $2.82 billion in inflows, while the Global Ex-U.S. Large Cap – Growth category saw the softest demand among major segments, gathering just $132 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Global Ex-U.S. Large Cap – Blend | 121 | $961.8B | $4,684M | $23,646M | $42,913M | $4,867M | $114,951M |
| Emerging Large Cap | 100 | $379.6B | $2,820M | $9,309M | $19,497M | $3,266M | $40,191M |
| Global Ex-U.S. Large Cap – Value | 52 | $118.2B | $786M | $3,063M | $5,197M | $924M | $19,112M |
| Global Ex-U.S. Small | Mid Cap | 19 | $60.8B | $186M | $1,386M | $4,973M | $187M | $8,258M |
| Global Ex-U.S. Large Cap – Growth | 26 | $38.0B | $132M | $717M | $992M | $143M | ($2,737M) |
| Emerging Small | Mid Cap | 6 | $3.1B | $6M | ($14M) | $0M | $6M | ($457M) |
Flow leaders were dominated by core low-cost broad index funds. IEFA (iShares Core MSCI EAFE ETF) led the Global Ex-U.S. segment with $1.39 billion in weekly inflows, while IEMG (iShares Core MSCI Emerging Markets ETF) took the top spot in Emerging Markets with $1.38 billion. On the flip side, JIRE (JPMorgan International Research Enhanced Equity ETF) saw the largest outflows at -$325 million, followed by IXUS (iShares Core MSCI Total International Stock ETF) which lost $121 million.
Top & Bottom 5 Global Ex-U.S. ETFs by 5-Day Flow
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IEFA | iShares Core MSCI EAFE ETF | $1,386M |
| VXUS | Vanguard Total International Stock ETF | $1,156M |
| EFA | iShares MSCI EAFE ETF | $353M |
| VEA | Vanguard FTSE Developed Markets ETF | $328M |
| IDEV | iShares Core MSCI International Developed Markets ETF | $303M |
| Outflows | ||
| JIRE | JPMorgan International Research Enhanced Equity ETF | ($325M) |
| IXUS | iShares Core MSCI Total International Stock ETF | ($121M) |
| VIGI | Vanguard International Dividend Appreciation ETF | ($120M) |
| ESGD | iShares ESG Aware MSCI EAFE ETF | ($87M) |
| GSID | Marketbeta INTL Equity ETF | ($14M) |
Top & Bottom 5 Emerging Market ETFs by 5-Day Flow
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IEMG | iShares Core MSCI Emerging Markets ETF | $1,375M |
| EEM | iShares MSCI Emerging Markets ETF | $565M |
| EMXC | iShares MSCI Emerging Markets ex China ETF | $218M |
| AVEM | Avantis Emerging Markets Equity ETF | $126M |
| CGNG | Capital Group New Geography Equity ETF | $80M |
| Outflows | ||
| RWEM | Rayliant Wilshire NxtGen Emerging Markets Eq ETF | $0M |
| DEM | WisdomTree Emerging Markets High Dividend Fund | $0M |
| BKF | iShares MSCI BIC ETF | $0M |
| AVXC | Avantis Emerging Markets ex-China Equity ETF | $0M |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | $0M |
Issuer League Table Update
The channel remains highly concentrated, with iShares and Vanguard controlling approximately 72.8% of the total market share. iShares is the clear leader by AUM with $609.91 billion (39.06% share), while Vanguard follows with $526.98 billion (33.75%). iShares also led the weekly inflow leaderboard, gathering $4.52 billion. In contrast, JPMorgan saw the largest weekly outflows among top issuers, losing $279 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 41 | $609.91B | 39.06% |
| Vanguard | 9 | $526.98B | 33.75% |
| Schwab | 7 | $106.42B | 6.81% |
| Dimensional | 15 | $84.64B | 5.42% |
| SPDR | 12 | $57.19B | 3.66% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $4,520M |
| Vanguard | $1,655M |
| Dimensional | $761M |
| Outflows | |
| JPMorgan | ($279M) |
| Timothy | ($11M) |
| Inspire | ($7M) |
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.
