Global Size & Style: Small Caps Lead While Growth Lags

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Weekly Channel Summary

The EQ: Size & Style – Global channel currently oversees $161 billion in Assets Under Management (AUM) across 97 ETFs and 68 unique issuers. Over the past week, the segment attracted a solid $0.82 billion in net inflows, contributing to year-to-date total flows of $11.74 billion and an impressive $32.14 billion over the past year.

This Week’s Performance Leaders and Laggards

The Global Small | Mid Cap category led the segment this week with a Week-to-Date (WTD) return of 0.64%, followed closely by Global Large Cap – Value at 0.31%, with both maintaining positive Year-to-Date (YTD) returns. Conversely, the Global Large Cap – Growth category was the primary laggard, dropping -2.99% for the week and pushing its YTD performance down to -10.33%.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Equity: Global Small | Mid Cap 0.64% -8.23% 0.55% 5.79% 1.80% 21.67%
Equity: Global Large Cap – Value 0.31% -6.99% 1.59% 7.86% 2.04% 21.56%
Equity: Global Large Cap – Blend -1.19% -8.59% -5.44% -1.27% -4.56% 12.91%
Equity: Global Large Cap – Growth -2.99% -10.82% -11.63% -10.09% -10.33% -0.43%

Top & Bottom 5 ETFs by Weekly Performance

The single best-performing ETF this week was the City Different Investments Global Equity ETF (CDIG), which posted a WTD return of 3.56%. On the other end of the spectrum, the Tremblant Global ETF (TOGA) and the Polen Capital Global Growth ETF (PCGG) were the worst performers, dropping -5.92% and -3.65% respectively.

Ticker Fund Name WTD Performance
Top Performers
CDIG City Different Investments Global Equity ETF 3.56%
WAGN Pabrai Wagons ETF 2.24%
INFL Horizon Kinetics Inflation Beneficiaries ETF 2.02%
CGV Conductor Global Equity Value ETF 1.88%
DEW WisdomTree Global High Dividend Fund 1.43%
Bottom Performers
TOGA Tremblant Global ETF -5.92%
PCGG Polen Capital Global Growth ETF -3.65%
RW Rainwater Equity ETF -3.10%
GLBL Pacer MSCI World Industry Advantage ETF -3.09%
CGGO Capital Group Global Growth Equity ETF -3.07%

Analyzing the Weekly Flows

The channel experienced positive momentum with total net inflows of roughly $807 million over the past five days. The Global Large Cap – Blend category dominated these flows, gathering $797 million on its massive $139.2 billion AUM base. The Global Large Cap – Growth category also saw modest inflows of $37 million, while the Global Small | Mid Cap segment experienced the largest category outflows at -$23 million.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Equity: Global Large Cap – Blend 69 $139.2B $797M $3,005M $10,872M $10,452M $27,864M
Equity: Global Large Cap – Growth 4 $9.1B $37M $53M $885M $857M $2,576M
Equity: Global Large Cap – Value 13 $8.3B -$5M $11M $582M $568M $936M
Equity: Global Small | Mid Cap 9 $4.0B -$23M -$169M -$139M -$155M $746M

Top & Bottom 5 ETFs by 5-Day Flow

The iShares MSCI ACWI ETF (ACWI) led the pack for inflows, taking in an impressive $328 million over the past five days. On the outflow side, the JPMorgan Global Select Equity ETF (JGLO) and the Global X Superdividend ETF (SDIV) saw the heaviest redemptions, shedding -$52 million and -$26 million, respectively.

Ticker Fund Name 5-Day Flow
Inflows
ACWI iShares MSCI ACWI ETF $328M
VT Vanguard Total World Stock ETF $246M
URTH iShares MSCI World ETF $161M
CGGO Capital Group Global Growth Equity ETF $37M
CGGE Capital Group Global Equity ETF $26M
Outflows
JGLO JPMorgan Global Select Equity ETF -$52M
SDIV Global X Superdividend ETF -$26M
ACWV iShares MSCI Global Min Vol Factor ETF -$24M
FPAG FPA Global Equity ETF -$9M
100 iShares Global 100 ETF -$6M

Issuer League Table Update

Vanguard and iShares continue to dominate the channel, commanding a combined market share of over 71%. This week, iShares gathered the most assets with $499 million in net inflows, while JPMorgan experienced the largest outflows, shedding -$52 million.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Vanguard 1 $62.80B 39.09%
iShares 11 $51.58B 32.11%
Capital Group 3 $15.34B 9.55%
JPMorgan 2 $6.46B 4.02%
Pacer 4 $3.36B 2.09%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
iShares $499M
Vanguard $246M
Capital Group $62M
Outflows
JPMorgan -$52M
Global X -$26M
FPA -$9M

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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.