Global Blend’s $600M Week: Where the Money is Moving

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Weekly Channel Summary

The EQ: Size & Style – Global channel currently features 94 ETFs across 66 issuing brands, managing a total of $166B in Assets Under Management (AUM). Over the past week, the channel attracted $0.71B in net inflows, bringing Year-to-Date (YTD) flows to $6.89B and trailing 1-year flows to an impressive $28.44B.

This Week’s Performance Leaders and Laggards

Global Large Cap – Growth led the channel this week with a Week-to-Date (WTD) return of 1.56%, although it remains in negative territory for the year with a YTD return of -0.75%. Conversely, Global Large Cap – Value lagged behind its peers, posting a modest 0.53% WTD gain, but maintains a solid 8.94% YTD return.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Equity: Global Large Cap – Growth 1.56% -0.85% 3.56% 0.43% -0.75% 3.77%
Equity: Global Small | Mid Cap 1.18% 4.83% 16.58% 17.43% 9.87% 28.54%
Equity: Global Large Cap – Blend 1.11% 3.14% 10.16% 10.95% 4.29% 18.90%
Equity: Global Large Cap – Value 0.53% 6.70% 15.59% 16.16% 8.94% 28.51%

Top & Bottom 5 ETFs by Weekly Performance

The single best-performing ETF this week was the Tremblant Global ETF (TOGA), soaring 4.52% WTD. On the other end of the spectrum, the Guinness Atkinson Dividend Builder ETF (DIVS) and the iShares MSCI Global Min Vol Factor ETF (ACWV) were the worst performers, dropping -0.31% and -0.16% WTD, respectively.

Ticker Fund Name WTD Performance
Top Performers
TOGA Tremblant Global ETF 4.52%
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.68%
PCGG Polen Capital Global Growth ETF 2.24%
AZTD Aztlan Global Stock Selection DM SMID ETF 2.16%
FPAG FPA Global Equity ETF 2.13%
Bottom Performers
DIVS Guinness Atkinson Dividend Builder ETF -0.31%
ACWV iShares MSCI Global Min Vol Factor ETF -0.16%
GCOW Pacer Global Cash Cows Dividend ETF 0.11%
BLES Inspire Global Hope ETF 0.15%
CGDG Capital Group Dividend Growers ETF 0.17%

Analyzing the Weekly Flows

This week, the channel saw a combined net flow of $711M. The Global Large Cap – Blend category dominated, hauling in $607M in weekly inflows on a massive base of $142.8B in total AUM. Global Large Cap – Growth also saw positive momentum with $63M in inflows, while Global Small | Mid Cap was the only category to experience outflows, losing -$2M over the trailing 5-day period.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Equity: Global Large Cap – Blend 67 $142.8B $607M $3,624M $10,102M $5,653M $24,571M
Equity: Global Large Cap – Growth 4 $9.8B $63M $499M $987M $737M $2,602M
Equity: Global Large Cap – Value 13 $8.5B $42M $379M $554M $492M $343M
Equity: Global Small | Mid Cap 9 $4.4B -$2M -$5M $56M -$3M $914M

Top & Bottom 5 ETFs by 5-Day Flow

The Vanguard Total World Stock ETF (VT) was the runaway leader for the week, attracting an impressive $539M in net inflows. Conversely, the iShares Disciplined Volatility Equity Active ETF (BDVL) and the JPMorgan Global Select Equity ETF (JGLO) experienced the steepest outflows, shedding -$57M and -$35M, respectively.

Ticker Fund Name 5-Day Flow
Inflows
VT Vanguard Total World Stock ETF $539M
CGGO Capital Group Global Growth Equity ETF $64M
CGDG Capital Group Dividend Growers ETF $38M
CGGE Capital Group Global Equity ETF $34M
FEGE First Eagle Global Equity ETF $32M
Outflows
BDVL iShares Disciplined Volatility Equity Active ETF -$57M
JGLO JPMorgan Global Select Equity ETF -$35M
BBHM BBH Select Mid Cap ETF -$6M

Issuer League Table Update

Vanguard and iShares remain the dominant heavyweights in this channel, commanding market shares of 39.04% and 31.85%, respectively. Vanguard capitalized on its size this week, gathering the most inflows at $539M, while iShares faced the most significant headwinds, shedding -$38M in net outflows.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Vanguard 1 $64.67B 39.04%
iShares 11 $52.76B 31.85%
Capital Group 3 $16.01B 9.67%
JPMorgan 2 $7.01B 4.23%
Pacer 4 $3.34B 2.01%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
Vanguard $539M
Capital Group $135M
First Eagle $32M
Outflows
iShares -$38M
JPMorgan -$35M
BBH -$6M

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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.