Large Cap Growth Gathers $4.9B in a Challenging Week for U.S. Equities

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Weekly Channel Summary

The U.S. Size & Style ETF channel remains a massive segment of the market, currently encompassing 949 ETFs across 266 issuers and representing a staggering $7,116B in total Assets Under Management (AUM). Over the past week, the channel attracted a robust $7.66B in net new money, further accelerating the strong year-to-date inflows of $53.75B and trailing 1-year flows of $521.04B.

This Week’s Performance Leaders and Laggards

It was a challenging week across the board, with all Size & Style categories posting negative returns. U.S. Large Cap – Growth proved the most resilient in the downturn, falling only -1.46% WTD. Conversely, U.S. Mid Cap – Value was the hardest hit, dropping -2.58% WTD. Despite the weekly drawdown, several categories including U.S. Large Cap – Value and U.S. Small Cap – Value maintain positive year-to-date returns at 2.16% and 2.49% respectively.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
U.S. Large Cap – Growth -1.46% -2.51% -4.57% -2.13% -4.89% 21.98%
U.S. Large Cap – Blend -1.76% -3.34% -1.59% 1.54% -1.55% 18.54%
U.S. Large Cap – Value -1.85% -4.27% 1.59% 5.70% 2.16% 18.11%
U.S. Small Cap – Growth -2.00% -6.27% -3.21% 1.39% -0.77% 22.04%
U.S. Mid Cap – Growth -2.10% -5.05% -3.80% -4.44% -2.69% 17.18%
U.S. Small Cap – Blend -2.20% -6.35% -1.96% 1.62% 0.28% 19.60%
U.S. Mid Cap – Blend -2.25% -5.94% -0.78% 1.54% 0.43% 18.29%
U.S. Small Cap – Value -2.41% -6.69% 0.07% 4.26% 2.49% 21.42%
U.S. Mid Cap – Value -2.58% -7.21% -0.55% 1.87% 1.14% 17.53%

Top & Bottom ETFs by Weekly Performance

At the individual ETF level, MEME (Roundhill Meme Stock ETF) surged to the top of the Large Cap space with a 9.02% gain, while AKRE (Akre Focus ETF) lagged significantly at -8.25%. In the Mid Cap segment, IPO (Renaissance IPO ETF) squeezed out a positive 0.03% return against a sea of red, contrasting sharply with CCFE (Concourse Capital Focused Equity ETF) which dropped -5.42%. Small Caps were led by OASC (OneAscent Enhanced Small and Mid Cap ETF) at -0.81%, with TMFS (Motley Fool Small-Cap Growth ETF) trailing at -4.33%.

Ticker Fund Name WTD Performance
Top 5 Large Cap Performers
MEME Roundhill Meme Stock ETF 9.02%
FCUS Pinnacle Focused Opportunities ETF 3.89%
RKNG Defiance Retail Kings ETF 3.15%
QQQA ProShares Nasdaq-100 Dorsey Wright Momentum ETF 2.06%
SGRT SMART Earnings Growth 30 ETF 1.90%
Bottom 5 Large Cap Performers
QOWZ Invesco Nasdaq Free Cash Flow Achievers ETF -4.16%
ABOT Abacus FCF Innovation Leaders ETF -4.18%
MOAT VanEck Morningstar Wide Moat ETF -4.19%
MDPL Monarch Dividend Plus ETF -4.82%
AKRE Akre Focus ETF -8.25%
Ticker Fund Name WTD Performance
Top 5 Mid Cap Performers
IPO Renaissance IPO ETF 0.03%
GLRY Inspire Growth ETF -0.56%
GRNJ Fundstrat Granny Shots US Small- & Mid-Cap ETF -0.76%
XMMO Invesco S&P MidCap Momentum ETF -0.88%
RFG Invesco S&P Midcap 400 Pure Growth ETF -0.95%
Bottom 5 Mid Cap Performers
KMID Virtus KAR Mid-Cap ETF -4.11%
BCSM Baron SMID Cap ETF -4.29%
NUMG Nuveen ESG Mid-Cap Growth ETF -4.44%
TMFM Motley Fool Mid-Cap Growth ETF -5.31%
CCFE Concourse Capital Focused Equity ETF -5.42%
Ticker Fund Name WTD Performance
Top 5 Small Cap Performers
OASC OneAscent Enhanced Small and Mid Cap ETF -0.81%
EPSV Harbor SMID Cap Value ETF -0.91%
CAFG Pacer US Small Cap Cash Cows Growth Leaders ETF -1.05%
SCDS JPMorgan Fundamental Data Science Small Core ETF -1.26%
SMOX Horizon Small/Mid Cap Core Equity ETF -1.31%
Bottom 5 Small Cap Performers
SMLL Harbor Active Small Cap ETF -3.47%
HAPS Harbor Human Capital Factor US Small Cap ETF -3.48%
MYLD Cambria Micro and SmallCap Shareholder Yield ETF -3.61%
RZV Invesco S&P Smallcap 600 Pure Value ETF -3.82%
TMFS Motley Fool Small-Cap Growth ETF -4.33%

Analyzing the Weekly Flows

Out of the $7.66B total net flow for the channel, U.S. Large Cap – Growth was the standout destination, commanding $4.92B in weekly inflows on an AUM base of $1,205.9B. U.S. Large Cap – Value also saw substantial interest, pulling in an additional $2.41B. On the other end of the spectrum, U.S. Large Cap – Blend experienced the most significant capital flight, losing -$2.80B during the 5-day period.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
U.S. Large Cap – Growth 161 $1,205.9B $4,920M $1,482M $12,312M $4,858M $108,593M
U.S. Large Cap – Value 195 $950.5B $2,405M $12,955M $26,044M $18,630M $79,533M
U.S. Mid Cap – Blend 69 $376.0B $1,767M $4,197M $9,617M $7,193M $28,698M
U.S. Mid Cap – Value 23 $79.7B $445M $615M $1,446M $909M $2,711M
U.S. Small Cap – Blend 66 $328.3B $420M -$1,184M $52M -$381M -$546M
U.S. Mid Cap – Growth 23 $57.4B $291M $307M $626M $135M $2,722M
U.S. Small Cap – Value 36 $102.3B $156M $846M $1,670M $1,406M $536M
U.S. Small Cap – Growth 19 $49.8B $60M $444M -$725M -$826M -$1,324M
U.S. Large Cap – Blend 354 $3,965.8B -$2,800M -$13,620M $72,207M $21,826M $300,120M

Top & Bottom ETFs by 5-Day Flow

At the fund level, VOO led the entire channel with a massive $16,336M in inflows, sharply contrasting with the staggering -$23,935M outflow from IVV. Mid Caps saw FMDE gather $416M against CSMD‘s -$34M loss. In the Small Cap segment, IJR attracted $167M while SPSM shed -$73M.

Ticker Fund Name 5-Day Flow
Top 5 Large Cap Inflows
VOO Vanguard S&P 500 ETF $16,336M
SPY State Street SPDR S&P 500 ETF $9,007M
BLCR iShares Large Cap Core Active ETF $3,263M
IWD iShares Russell 1000 Value ETF $1,708M
QQQ Invesco QQQ Trust Series I $1,424M
Bottom 5 Large Cap Outflows
RSP Invesco S&P 500 Equal Weight ETF -$1,018M
IVE iShares S&P 500 Value ETF -$1,359M
DYNF iShares U.S. Equity Factor Rotation Active ETF -$1,947M
OEF iShares S&P 100 ETF -$7,557M
IVV iShares Core S&P 500 ETF -$23,935M
Ticker Fund Name 5-Day Flow
Top 5 Mid Cap Inflows
FMDE Fidelity Enhanced Mid Cap ETF $416M
JHMM John Hancock Multifactor Mid Cap ETF $304M
IWS iShares Russell Mid-Cap Value ETF $301M
IWP iShares Russell Mid-Cap Growth ETF $266M
IWR iShares Russell Midcap ETF $266M
Bottom 5 Mid Cap Outflows
VOE Vanguard Mid-Cap Value ETF -$14M
XMHQ Invesco S&P MidCap Quality ETF -$16M
VOT Vanguard Mid-Cap Growth ETF -$19M
SDVY First Trust SMID Cap Rising Dividend Achievers ETF -$22M
CSMD Congress SMid Growth ETF -$34M
Ticker Fund Name 5-Day Flow
Top 5 Small Cap Inflows
IJR iShares Core S&P Small Cap ETF $167M
DFSV Dimensional US Small Cap Value ETF $126M
DFAS Dimensional U.S. Small Cap ETF $114M
VB Vanguard Small-Cap ETF $107M
JHSC John Hancock Multifactor Small Cap ETF $94M
Bottom 5 Small Cap Outflows
IWN iShares Russell 2000 Value ETF -$20M
CALF Pacer US Small Cap Cash Cows ETF -$40M
SMLF iShares U.S. SmallCap Equity Factor ETF -$46M
IWM iShares Russell 2000 ETF -$65M
SPSM State Street SPDR Portfolio S&P 600 Small Cap ETF -$73M

Issuer League Table Update

The issuer hierarchy within the U.S. Size & Style segment remains heavily dominated by Vanguard and iShares, controlling 34.80% and 26.78% of the channel’s AUM, respectively. This week, Vanguard was the undisputed leader in capital attraction, gathering $18,886M in new assets. Conversely, iShares faced severe redemption pressure, bleeding a substantial -$26,020M from their product suite.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Vanguard 41 $2,476.49B 34.80%
iShares 81 $1,905.92B 26.78%
SPDR 30 $1,011.58B 14.22%
Invesco 66 $670.19B 9.42%
Schwab 12 $319.56B 4.49%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Top 3 Issuers by Weekly Flow
Vanguard $18,886M
SPDR $10,177M
Invesco $1,223M
Bottom 3 Issuers by Weekly Flow
Pacer -$91M
Principal -$251M
iShares -$26,020M

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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.