Weekly Channel Summary
The Global Ex-U.S. Size & Style ETF channel concluded the week reflecting robust scale and momentum, commanding a massive $1,832B in total Assets Under Management (AUM) across 335 distinct ETFs from 92 issuers. Over the past five days alone, the space attracted $4.29B in net new money, building on impressive longer-term conviction evidenced by $119.47B in Year-To-Date (YTD) inflows and a staggering $255.36B gathered over the past year.
This Week’s Performance Leaders and Laggards
This week, the Emerging Large Cap category led the pack, jumping an impressive 5.71% Week-to-Date (WTD) to push its stellar YTD gain to 21.50%. On the other end of the spectrum, the Global Ex-U.S. Large Cap – Value segment lagged its peers, posting a more modest 1.09% WTD return, though it still maintains a solid 10.71% advance for the year.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Emerging Large Cap | 5.71% | 10.03% | 12.16% | 24.36% | 21.50% | 50.59% |
| Emerging Small | Mid Cap | 3.20% | 7.85% | 10.56% | 17.66% | 16.96% | 35.51% |
| Global Ex-U.S. Large Cap – Growth | 2.58% | 4.15% | 4.01% | 12.14% | 8.92% | 25.40% |
| Global Ex-U.S. Large Cap – Blend | 2.14% | 3.10% | 3.32% | 13.92% | 9.69% | 28.68% |
| Global Ex-U.S. Small | Mid Cap | 2.14% | 3.53% | 4.39% | 18.62% | 12.21% | 38.64% |
| Global Ex-U.S. Large Cap – Value | 1.09% | 1.67% | 2.60% | 16.73% | 10.71% | 34.11% |
Drilling down to individual funds, EMEQ (Nomura ETF Trust Nomura Focused Emerging Markets Equity ETF) dominated the Emerging Markets group with a massive 15.95% weekly surge. Within the broad Global Ex-U.S. segment, PATN (Pacer Nasdaq International Patent Leaders ETF) delivered a standout 7.29% return. Conversely, the largest weekly detractors were HDEF (Xtrackers MSCI EAFE High Dividend Yield Equity ETF) and SCHY (Schwab International Dividend Equity ETF), which pulled back by -1.32% and -1.05%, respectively.
Top & Bottom 5 Global Ex-U.S. ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| PATN | Pacer Nasdaq International Patent Leaders ETF | 7.29% |
| EPIN | Harbor International Equity ETF | 5.94% |
| IPOS | Renaissance International IPO ETF | 5.68% |
| SFTX | Horizon International Managed Risk ETF | 5.67% |
| FRGN | Horizon International Equity ETF | 5.67% |
| Bottom Performers | ||
| HDEF | Xtrackers MSCI EAFE High Dividend Yield Equity ETF | -1.32% |
| SCHY | Schwab International Dividend Equity ETF | -1.05% |
| FIDI | Fidelity International High Dividend ETF | -1.02% |
| LVHI | Franklin International Low Volatility High Dividend Index ETF | -0.88% |
| IDLV | Invesco S&P International Developed Low Volatility ETF | -0.79% |
Top & Bottom 5 Emerging Market ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| EMEQ | Nomura ETF Trust Nomura Focused Emerging Markets Equity ETF | 15.95% |
| EEMO | Invesco S&P Emerging Markets Momentum ETF | 9.61% |
| FTHF | First Trust Emerging Markets Human Flourishing ETF | 9.40% |
| GEME | Pacific North of South EM Equity Active ETF | 9.14% |
| STXE | Strive Emerging Markets Ex-China ETF | 8.81% |
| Bottom Performers | ||
| EELV | Invesco S&P Emerging Markets Low Volatility ETF | 0.82% |
| SDEM | Global X MSCI SuperDividend Emerging Markets ETF | 1.01% |
| EDOG | ALPS Emerging Sector Dividend Dogs ETF | 1.21% |
| XC | WisdomTree True Emerging Markets Fund | 1.25% |
| BKF | iShares MSCI BIC ETF | 1.32% |
Analyzing the Weekly Flows
Investor capital flowed heavily into the channel, aggregating to $4.29B in total net weekly inflows. The Global Ex-U.S. Large Cap – Blend category was the primary beneficiary, absorbing an immense $2,839M while overseeing a dominant $1,096.9B in total AUM. Emerging Large Cap funds also saw significant interest, gathering $600M. While no categories suffered net weekly outflows, the Emerging Small | Mid Cap space saw the most muted activity, taking in just $4M over the 5-day period.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Global Ex-U.S. Large Cap – Blend | 125 | $1,096.9B | $2,839M | $8,663M | $42,679M | $60,065M | $142,420M |
| Emerging Large Cap | 103 | $472.9B | $600M | $2,912M | $14,598M | $36,147M | $67,924M |
| Global Ex-U.S. Large Cap – Value | 54 | $141.7B | $577M | $2,579M | $7,884M | $12,253M | $26,585M |
| Global Ex-U.S. Large Cap – Growth | 26 | $47.1B | $134M | $655M | $6,574M | $7,222M | $7,017M |
| Global Ex-U.S. Small | Mid Cap | 20 | $70.4B | $133M | $469M | $2,605M | $3,851M | $11,609M |
| Emerging Small | Mid Cap | 6 | $3.5B | $4M | -$59M | -$85M | -$83M | -$210M |
At the ticker level, VXUS (Vanguard Total International Stock ETF) captured the lion’s share of Global Ex-U.S. allocations with a massive $1,706M haul, while AVEM (Avantis Emerging Markets Equity ETF) paced the Emerging Markets cohort with $198M in fresh capital. The heaviest outflows for the week were observed in GVAL (Cambria Global Value ETF) and VIGI (Vanguard International Dividend Appreciation ETF), which shed -$73M and -$46M, respectively.
Top & Bottom 5 Global Ex-U.S. ETFs by 5-Day Flow
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VXUS | Vanguard Total International Stock ETF | $1,706M |
| AVDE | Avantis International Equity ETF | $234M |
| AVDV | Avantis International Small Cap Value ETF | $162M |
| FENI | Fidelity Enhanced International ETF | $149M |
| FNDF | Schwab Fundamental International Equity ETF | $148M |
| Outflows | ||
| GVAL | Cambria Global Value ETF | -$73M |
| VIGI | Vanguard International Dividend Appreciation ETF | -$46M |
| GSID | Marketbeta INTL Equity ETF | -$44M |
| SPDW | State Street SPDR Portfolio Developed World ex-US ETF | -$40M |
| SCHC | Schwab International Small-Cap Equity ETF | -$31M |
Top & Bottom 5 Emerging Market ETFs by 5-Day Flow
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| AVEM | Avantis Emerging Markets Equity ETF | $198M |
| VWO | Vanguard FTSE Emerging Markets ETF | $124M |
| EMEQ | Nomura ETF Trust Nomura Focused Emerging Markets Equity ETF | $54M |
| CGNG | Capital Group New Geography Equity ETF | $53M |
| FRDM | Freedom 100 Emerging Markets ETF | $50M |
| Outflows | ||
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | -$44M |
| FTHF | First Trust Emerging Markets Human Flourishing ETF | -$5M |
| BKF | iShares MSCI BIC ETF | -$4M |
| VEM | Virtus Emerging Markets Dividend ETF | -$4M |
| DEXC | Dimensional Emerging Markets ex China Core Equity ETF | -$4M |
Issuer League Table Update
The issuer landscape continues to be heavily concentrated at the top, with iShares (38.66%) and Vanguard (33.21%) commanding the vast majority of category market share. Vanguard was the undeniable winner for weekly flows, reeling in $1,918M in new assets, whereas State Street experienced the heaviest top-tier outflows, shedding -$57M for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 42 | $708.41B | 38.66% |
| Vanguard | 9 | $608.63B | 33.21% |
| Schwab | 7 | $122.76B | 6.70% |
| Dimensional | 15 | $100.46B | 5.48% |
| State Street | 12 | $65.90B | 3.60% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $1,918M |
| Avantis | $654M |
| Dimensional | $398M |
| Outflows | |
| Cambria | -$85M |
| State Street | -$57M |
| Goldman Sachs | -$44M |
For a deeper dive into these trends, access our FREE, in-depth Global Ex-U.S. 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.
