Weekly Channel Summary
The U.S. Size & Style ETF channel continues to show massive scale, with total Assets Under Management (AUM) reaching $7,366 billion across 938 ETFs and 260 issuers as of January 16, 2026. The past week saw a healthy injection of capital, with net inflows totaling $14.27 billion. This activity contributes to a year-to-date (YTD) flow of $18.64 billion, maintaining the strong momentum seen over the past year, which has recorded a substantial $560.35 billion in net new money.
This Week’s Performance Leaders and Laggards
Small-cap strategies dominated the performance leaderboard this week, with the U.S. Small Cap – Growth category leading the way with a 1.45% Week-to-Date (WTD) return. This strong weekly showing further solidifies its position as the top-performing category year-to-date, boasting a return of 6.64%. Conversely, the U.S. Large Cap – Growth category served as the primary laggard, declining -0.60% for the week, though it remains up 1.44% for the year.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Small Cap – Growth | 1.45% | 5.31% | 7.42% | 16.07% | 6.64% | 13.39% |
| U.S. Small Cap – Value | 1.36% | 4.94% | 10.72% | 15.82% | 6.51% | 11.29% |
| U.S. Small Cap – Blend | 1.28% | 4.62% | 8.49% | 14.75% | 6.10% | 12.53% |
| U.S. Mid Cap – Growth | 1.24% | 5.25% | 4.22% | 9.75% | 5.68% | 10.38% |
| U.S. Mid Cap – Blend | 1.15% | 4.94% | 8.13% | 12.45% | 5.56% | 11.08% |
| U.S. Mid Cap – Value | 0.71% | 4.20% | 9.02% | 11.95% | 5.09% | 10.38% |
| U.S. Large Cap – Value | 0.47% | 3.48% | 7.60% | 11.62% | 3.39% | 14.70% |
| U.S. Large Cap – Blend | -0.02% | 2.77% | 5.27% | 10.69% | 2.35% | 15.05% |
| U.S. Large Cap – Growth | -0.60% | 2.26% | 2.59% | 9.61% | 1.44% | 16.56% |
Top & Bottom ETFs by Weekly Performance
Across the market cap spectrum, individual fund performance varied significantly. In the large-cap space, the Roundhill Meme Stock ETF (MEME) surged 6.24%, while the Dana Unconstrained Equity ETF (DUNK) fell -4.41%. Mid-cap leaders were headlined by the Fundstrat Granny Shots US Small- & Mid-Cap ETF (GRNJ) with a 4.40% gain, contrasted by the Nuveen ESG Mid-Cap Growth ETF (NUMG) at -2.09%. Small-cap performance was anchored by the Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), which rose 3.72%, while the Motley Fool Small-Cap Growth ETF (TMFS) trailed with a -1.93% return.
Large Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| MEME | Roundhill Meme Stock ETF | 6.24% |
| QMOM | Alpha Architect U.S. Quantitative Momentum ETF | 3.79% |
| DARP | Grizzle Growth ETF | 3.23% |
| ABLD | Abacus FCF Real Assets Leaders ETF | 3.22% |
| FMTM | Market Desk Focused U.S. Momentum ETF | 3.07% |
| Bottom Performers | ||
| DUNK | Dana Unconstrained Equity ETF | -4.41% |
| AKRE | Akre Focus ETF | -3.97% |
| ABOT | Abacus FCF Innovation Leaders ETF | -3.66% |
| PCLG | Polen Focus Growth ETF | -2.92% |
| SEMG | Suncoast Select Growth ETF | -2.66% |
Mid Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| GRNJ | Fundstrat Granny Shots US Small- & Mid-Cap ETF | 4.40% |
| CBSE | Clough Select Equity ETF | 3.53% |
| CSMD | Congress SMid Growth ETF | 3.20% |
| TSME | Thrivent Small-Mid Cap Equity ETF | 3.14% |
| GLRY | Inspire Growth ETF | 3.01% |
| Bottom Performers | ||
| NUMG | Nuveen ESG Mid-Cap Growth ETF | -2.09% |
| TMFM | Motley Fool Mid-Cap Growth ETF | -1.77% |
| QQJG | Invesco ESG NASDAQ Next Gen 100 ETF | -1.01% |
| CCFE | Concourse Capital Focused Equity ETF | -0.86% |
| SMOT | VanEck Morningstar SMID Moat ETF | -0.51% |
Small Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| XSHD | Invesco S&P SmallCap High Dividend Low Volatility ETF | 3.72% |
| XSMO | Invesco S&P SmallCap Momentum ETF | 3.26% |
| EPSV | Harbor SMID Cap Value ETF | 2.99% |
| IWC | iShares Micro-Cap ETF | 2.91% |
| OSCV | Opus Small Cap Value ETF | 2.88% |
| Bottom Performers | ||
| TMFS | Motley Fool Small-Cap Growth ETF | -1.93% |
| CALF | Pacer US Small Cap Cash Cows ETF | -1.48% |
| SFLO | VictoryShares Small Cap Free Cash Flow ETF | -1.44% |
| SCOW | Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF | -1.15% |
| NIXT | Research Affiliates Deletions ETF | -0.73% |
Analyzing the Weekly Flows
The channel attracted $14.27 billion in total net flow this week, primarily driven by the U.S. Large Cap – Blend category, which gathered $15,095 million and now holds $4,126.0 billion in total assets. Significant inflows were also noted in U.S. Large Cap – Growth ($5,532 million). On the other hand, the U.S. Large Cap – Value category experienced the largest outflows of the week, totaling -$4,755 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 346 | $4,126.0B | $15,095M | $65,260M | $155,156M | $22,745M | $351,026M |
| U.S. Large Cap – Growth | 158 | $1,267.7B | $5,532M | $468M | $34,902M | $1,832M | $117,710M |
| U.S. Mid Cap – Blend | 68 | $386.8B | $391M | $1,147M | $8,499M | $350M | $25,947M |
| U.S. Mid Cap – Value | 23 | $81.5B | $50M | $39M | $1,614M | $100M | $2,186M |
| U.S. Mid Cap – Growth | 23 | $61.5B | $46M | $504M | $1,341M | $74M | $2,821M |
| U.S. Small Cap – Value | 36 | $104.8B | ($450M) | ($896M) | $692M | ($113M) | ($2,420M) |
| U.S. Small Cap – Blend | 65 | $347.5B | ($778M) | ($4,365M) | $5,805M | ($2,656M) | ($4,008M) |
| U.S. Small Cap – Growth | 18 | $53.6B | ($867M) | ($893M) | ($100M) | ($684M) | ($1,903M) |
| U.S. Large Cap – Value | 195 | $936.4B | ($4,755M) | $3,091M | $25,692M | ($3,081M) | $68,898M |
Top & Bottom ETFs by 5-Day Flow
In the large-cap tier, the iShares Core S&P 500 ETF (IVV) led inflows with $3,717 million, while the iShares Russell 1000 Value ETF (IWD) saw the largest redemption at -$1,788 million. Mid-cap flows were topped by the Vanguard Mid-Cap ETF (VO) at $251 million, with the iShares Russell Midcap ETF (IWR) losing -$170 million. For small-caps, the Avantis U.S. Small Cap Value ETF (AVUV) pulled in $197 million, whereas the Vanguard Small-Cap Growth ETF (VBK) recorded -$697 million in outflows.
Large Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IVV | iShares Core S&P 500 ETF | $3,717M |
| RSP | Invesco S&P 500 Equal Weight ETF | $2,861M |
| VUG | Vanguard Growth ETF | $2,343M |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | $1,754M |
| SPY | SPDR S&P 500 ETF Trust | $1,723M |
| Outflows | ||
| IWD | iShares Russell 1000 Value ETF | ($1,788M) |
| IWF | iShares Russell 1000 Growth ETF | ($1,091M) |
| CGDV | Capital Group Dividend Value ETF | ($1,024M) |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | ($962M) |
| VLUE | iShares MSCI USA Value Factor ETF | ($698M) |
Mid Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VO | Vanguard Mid-Cap ETF | $251M |
| CGMM | Capital Group U.S. Small and Mid Cap ETF | $198M |
| FMDE | Fidelity Enhanced Mid Cap ETF | $105M |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | $74M |
| TMSL | T. Rowe Price Small-Mid Cap ETF | $73M |
| Outflows | ||
| IWR | iShares Russell Midcap ETF | ($170M) |
| MDY | SPDR S&P Midcap 400 ETF Trust | ($142M) |
| SMMD | iShares Russell 2500 ETF | ($51M) |
| IJK | iShares S&P Mid-Cap 400 Growth ETF | ($46M) |
| IWS | iShares Russell Mid-Cap Value ETF | ($44M) |
Small Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| AVUV | Avantis U.S. Small Cap Value ETF | $197M |
| VB | Vanguard Small-Cap ETF | $104M |
| SVAL | iShares US Small Cap Value Factor ETF | $97M |
| FSML | Franklin Small Cap Enhanced ETF | $97M |
| FESM | Fidelity Enhanced Small Cap ETF | $64M |
| Outflows | ||
| VBK | Vanguard Small-Cap Growth ETF | ($697M) |
| VTWO | Vanguard Russell 2000 ETF | ($653M) |
| VBR | Vanguard Small Cap Value ETF | ($613M) |
| IWM | iShares Russell 2000 ETF | ($571M) |
| IWO | iShares Russell 2000 Growth ETF | ($242M) |
Issuer League Table Update
Vanguard and iShares remain the dominant players in the space, commanding 34.17% and 27.47% of the market share, respectively. This week, Vanguard led all issuers with $4,035 million in net inflows. Among the top brands, Capital Group experienced the most significant weekly outflows, totaling -$739 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,516.67B | 34.17% |
| iShares | 81 | $2,023.73B | 27.47% |
| SPDR | 30 | $1,064.83B | 14.46% |
| Invesco | 69 | $696.35B | 9.45% |
| Schwab | 12 | $320.36B | 4.35% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $4,035M |
| Invesco | $3,795M |
| SPDR | $2,393M |
| Outflows | |
| Capital Group | ($739M) |
| Akre | ($361M) |
| Pacer | ($162M) |
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.
