Weekly Channel Summary
The U.S. Size & Style ETF channel continues to show formidable strength, commanding an impressive $7,971B in total Assets Under Management (AUM) spread across 966 distinct ETFs from 274 issuers. Capital allocation remains robust, with the channel capturing $12.90B in net inflows over the past five days. Year-to-date, net new money has surged to $197.72B, contributing significantly to a massive trailing 1-year flow total of $621.87B.
This Week’s Performance Leaders and Laggards
Growth strategies firmly led the market this week. U.S. Large Cap – Growth was the standout performer with a 3.20% WTD return, heavily outpacing its blend and value counterparts. Conversely, U.S. Mid Cap – Value lagged the most, posting a relatively flat 0.02% WTD return. Looking at the year-to-date picture, Small Cap – Growth remains the top dog, up an impressive 15.02%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Large Cap – Growth | 3.20% | 11.70% | 10.30% | 9.79% | 8.96% | 33.45% |
| U.S. Mid Cap – Growth | 2.23% | 7.22% | 5.98% | 8.67% | 8.98% | 22.79% |
| U.S. Small Cap – Growth | 1.64% | 9.09% | 8.15% | 17.07% | 15.02% | 35.07% |
| U.S. Large Cap – Blend | 1.52% | 6.47% | 4.65% | 9.77% | 7.45% | 26.34% |
| U.S. Small Cap – Blend | 1.11% | 6.42% | 4.68% | 15.85% | 12.95% | 30.97% |
| U.S. Mid Cap – Blend | 1.07% | 4.57% | 3.13% | 13.10% | 10.55% | 25.66% |
| U.S. Small Cap – Value | 0.50% | 5.35% | 3.50% | 18.64% | 14.58% | 34.97% |
| U.S. Large Cap – Value | 0.23% | 3.11% | 1.46% | 11.84% | 8.33% | 24.49% |
| U.S. Mid Cap – Value | 0.02% | 3.04% | 0.07% | 12.61% | 9.29% | 24.54% |
Top & Bottom ETFs by Weekly Performance
At the individual fund level, MEME (Roundhill Meme Stock ETF) surged 9.28% to lead all Large Caps. In the Mid Cap space, CSD (Invesco S&P Spin-Off ETF) jumped 5.04%, while EPSV (Harbor SMID Cap Value ETF) topped Small Caps up 3.98%. Conversely, TEXX (Horizon Kinetics Texas ETF) struggled the most across all size segments, falling -3.98%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 Large Cap Performers | ||
| MEME | Roundhill Meme Stock ETF | 9.28% |
| VLUE | iShares MSCI USA Value Factor ETF | 8.50% |
| BUZZ | VanEck Social Sentiment ETF | 8.49% |
| CNAV | Mohr Company Nav ETF | 8.32% |
| DVQQ | WEBS QQQ Defined Volatility ETF | 8.21% |
| Bottom 5 Large Cap Performers | ||
| TEXX | Horizon Kinetics Texas ETF | -3.98% |
| FTDS | First Trust Dividend Strength ETF | -3.55% |
| GQGU | GQG US Equity ETF | -2.74% |
| EASY | Liberty One Defensive Dividend Growth ETF | -2.69% |
| MVPA | Miller Value Partners Appreciation ETF | -2.68% |
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 Mid Cap Performers | ||
| CSD | Invesco S&P Spin-Off ETF | 5.04% |
| MCOW | Pacer S&P MidCap 400 Quality FCF Aristocrats ETF | 4.51% |
| ASCE | Allspring SMID Core ETF | 4.42% |
| RSMC | Rockefeller U.S. Small-Mid Cap ETF | 3.94% |
| JSMD | Janus Henderson Small/Mid Cap Growth Alpha ETF | 3.66% |
| Bottom 5 Mid Cap Performers | ||
| MID.ETF | American Century Mid Cap Growth Impact ETF | -2.01% |
| CCFE | Concourse Capital Focused Equity ETF | -1.52% |
| VOE | Vanguard Mid-Cap Value ETF | -1.03% |
| KMID | Virtus KAR Mid-Cap ETF | -0.93% |
| ZIG | Acquirers Fund | -0.92% |
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 Small Cap Performers | ||
| EPSV | Harbor SMID Cap Value ETF | 3.98% |
| SGRW | Harbor Active Small Cap Growth ETF | 3.90% |
| JSML | Janus Henderson Small Cap Growth Alpha ETF | 3.46% |
| CAFG | Pacer US Small Cap Cash Cows Growth Leaders ETF | 3.20% |
| AFSC | abrdn Focused U.S. Small Cap Active ETF | 2.76% |
| Bottom 5 Small Cap Performers | ||
| XSHD | Invesco S&P SmallCap High Dividend Low Volatility ETF | -1.37% |
| SCOW | Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF | -1.14% |
| FDM | First Trust Dow Jones Select MicroCap Index Fund | -1.00% |
| CSB | VictoryShares US Small Cap High Dividend Volatility Wtd ETF | -0.76% |
| OSCV | Opus Small Cap Value ETF | -0.64% |
Analyzing the Weekly Flows
Overall channel net flows totaled $12.90B this week. The U.S. Large Cap – Blend category dominated asset gathering with $10,755M in inflows, padding its massive $4,447.7B asset base. U.S. Large Cap – Value also saw solid interest, bringing in $1,206M. Conversely, the U.S. Large Cap – Growth category faced the heaviest redemptions, shedding -$733M over the past 5 days.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 361 | $4,447.7B | $10,755M | $61,306M | $91,081M | $118,937M | $378,882M |
| U.S. Large Cap – Value | 198 | $1,011.8B | $1,206M | $2,824M | $30,411M | $30,728M | $80,566M |
| U.S. Mid Cap – Blend | 68 | $419.6B | $830M | $4,169M | $14,000M | $16,043M | $33,318M |
| U.S. Small Cap – Value | 36 | $115.0B | $603M | $2,071M | $3,209M | $3,520M | $3,789M |
| U.S. Small Cap – Growth | 19 | $57.5B | $165M | $566M | $974M | -$232M | $37M |
| U.S. Small Cap – Blend | 67 | $371.7B | $63M | $1,020M | $2,921M | $1,736M | $6,599M |
| U.S. Mid Cap – Value | 23 | $85.1B | $23M | $147M | $287M | $459M | $2,496M |
| U.S. Mid Cap – Growth | 23 | $63.1B | -$12M | $255M | $224M | $124M | $3,467M |
| U.S. Large Cap – Growth | 164 | $1,399.5B | -$733M | $19,211M | $20,028M | $26,405M | $112,716M |
Top & Bottom ETFs by 5-Day Flow
The SPY ETF gathered a massive $4,237M to lead the Large Cap segment and the overall channel, while its peer QQQ saw significant outflows of -$3,813M. In the smaller size segments, TMSL topped the Mid Cap chart with $200M in new assets, and VBR secured the #1 position for Small Caps by gathering $250M.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top 5 Large Cap Flow Leaders | ||
| SPY | State Street SPDR S&P 500 ETF | $4,237M |
| VOO | Vanguard S&P 500 ETF | $2,742M |
| QQQM | Invesco NASDAQ 100 ETF | $1,616M |
| DIA | State Street SPDR Dow Jones Industrial Average | $1,190M |
| VTI | Vanguard Total Stock Market ETF | $1,120M |
| Bottom 5 Large Cap Flow Laggards | ||
| QQQ | Invesco QQQ Trust Series I | -$3,813M |
| IWF | iShares Russell 1000 Growth ETF | -$789M |
| IWD | iShares Russell 1000 Value ETF | -$773M |
| RSP | Invesco S&P 500 Equal Weight ETF | -$406M |
| VLUE | iShares MSCI USA Value Factor ETF | -$219M |
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top 5 Mid Cap Flow Leaders | ||
| TMSL | T. Rowe Price Small-Mid Cap ETF | $200M |
| VO | Vanguard Mid-Cap ETF | $171M |
| IJH | iShares Core S&P Mid-Cap ETF | $119M |
| XMMO | Invesco S&P MidCap Momentum ETF | $74M |
| VXF | Vanguard Extended Market ETF | $72M |
| Bottom 5 Mid Cap Flow Laggards | ||
| IWP | iShares Russell Mid-Cap Growth ETF | -$41M |
| IWS | iShares Russell Mid-Cap Value ETF | -$39M |
| SCHM | Schwab U.S. Mid-Cap ETF | -$34M |
| IWR | iShares Russell Midcap ETF | -$31M |
| IMCB | iShares Morningstar Mid-Cap ETF | -$23M |
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top 5 Small Cap Flow Leaders | ||
| VBR | Vanguard Small Cap Value ETF | $250M |
| AVUV | Avantis U.S. Small Cap Value ETF | $215M |
| IWO | iShares Russell 2000 Growth ETF | $91M |
| IJR | iShares Core S&P Small Cap ETF | $55M |
| IWN | iShares Russell 2000 Value ETF | $52M |
| Bottom 5 Small Cap Flow Laggards | ||
| SCHA | Schwab U.S. Small-Cap ETF | -$55M |
| BBSC | JPMorgan BetaBuilders U.S. Small Cap Equity ETF | -$29M |
| VB | Vanguard Small-Cap ETF | -$20M |
| CALF | Pacer US Small Cap Cash Cows ETF | -$19M |
| FESM | Fidelity Enhanced Small Cap ETF | -$17M |
Issuer League Table Update
Vanguard and iShares maintain their dominant grip on the market, holding 34.20% and 26.89% market share, respectively. This week, SPDR led all issuers with $6,165M in net inflows, edging out Vanguard. On the other end of the spectrum, Invesco experienced the heaviest net outflows among top issuers, losing -$1,806M in the last five trading days.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,725.90B | 34.20% |
| iShares | 82 | $2,143.22B | 26.89% |
| SPDR | 30 | $1,150.47B | 14.43% |
| Invesco | 68 | $773.63B | 9.71% |
| Schwab | 12 | $352.58B | 4.42% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Top 3 Issuers | |
| SPDR | $6,165M |
| Vanguard | $5,820M |
| T. Rowe Price | $566M |
| Bottom 3 Issuers | |
| Invesco | -$1,806M |
| iShares | -$258M |
| Nuveen | -$141M |
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.
