Vanguard’s VT Captures Nearly All Global Equity Inflows as Value Outshines Growth

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Weekly Channel Summary

The Global Size & Style channel, encompassing 104 ETFs from 73 issuers, holds a total of $195.0 billion in assets under management. The channel attracted $519 million in net inflows over the past week, contributing to a robust year-to-date total of $24.3 billion. Over the last twelve months, investors have allocated a net $37.7 billion to these global equity strategies.

This Week’s Performance Leaders and Laggards

A significant divergence emerged in performance this week, with Global Large Cap – Value being the only category to post gains, rising 0.51%. In stark contrast, Global Large Cap – Growth strategies fell sharply by -4.43%, marking the week’s worst performance. Despite the weekly setback, Growth funds maintain their lead year-to-date, with a 12.56% return compared to 9.14% for their Value counterparts.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Global Large Cap – Value 0.51% 1.52% 0.82% 6.79% 9.14% 17.74%
Global Small | Mid Cap 0.25% 1.42% -2.65% 4.03% 10.79% 20.46%
Global Large Cap – Blend -1.56% -0.27% 3.04% 7.04% 9.77% 20.60%
Global Large Cap – Growth -4.43% -5.16% 4.17% 7.80% 12.56% 22.02%

Top & Bottom 5 ETFs by Weekly Performance

The Pacer Global Cash Cows Dividend ETF (GCOW) led all funds with a 2.25% weekly gain, highlighting the strength in dividend-focused strategies. Several other dividend funds, including State Street’s WDIV and WisdomTree’s DEW, also finished among the top performers. At the other end of the spectrum, the Corgi IP Licensing & Royalties ETF (PTNT) experienced the largest decline, falling -6.83% for the week.

Ticker Fund Name WTD Performance
Top Performers
GCOW Pacer Global Cash Cows Dividend ETF 2.25%
WDIV State Street SPDR S&P Global Dividend ETF 1.77%
DEW WisdomTree Global High Dividend Fund 1.69%
RCGE RockCreek Global Equality ETF 1.47%
SDIV Global X Superdividend ETF 1.26%
Bottom Performers
PTNT Corgi IP Licensing & Royalties ETF -6.83%
EZRO AlphaDroid Defensive Sector Rotation ETF -5.66%
CGGO Capital Group Global Growth Equity ETF -4.59%
MNVT Moonvest ETF -4.48%
ACTS FIS Tactical Equity ETF -3.72%

Analyzing the Weekly Flows

Investors added a net $519 million to Global Size & Style ETFs over the past week. The vast majority of these assets flowed into the Global Large Cap – Blend category, which collected $488 million. Meanwhile, Global Small | Mid Cap was the only segment to see net redemptions, with modest outflows of $10 million.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Global Large Cap – Blend 72 $169.33B $488M $2,670M $8,157M $22,012M $33,795M
Global Large Cap – Growth 7 $11.87B $26M $154M $729M $1,715M $2,829M
Global Large Cap – Value 16 $9.65B $14M $37M $153M $738M $1,055M
Global Small | Mid Cap 9 $4.13B -$10M -$74M -$29M -$170M $57M

Top & Bottom 5 ETFs by 5-Day Flow

The Vanguard Total World Stock ETF (VT) dominated inflows, attracting $510 million in new assets and accounting for nearly all of the channel’s weekly net positive flow. On the other side of the ledger, the State Street SPDR Portfolio MSCI Global Stock Market ETF (SPGM) saw the largest redemptions at $64 million. The JPMorgan Global Select Equity ETF Global Select Equity ETF (JGLO) also experienced significant outflows, shedding $41 million.

Ticker Fund Name 5-Day Flow
Inflows
VT Vanguard Total World Stock ETF $510M
CGDG Capital Group Dividend Growers ETF $45M
FEGE First Eagle Global Equity ETF $43M
CGGO Capital Group Global Growth Equity ETF $23M
BDYN iShares Dynamic Equity Active ETF $14M
Outflows
SPGM State Street SPDR Portfolio MSCI Global Stock Market ETF -$64M
JGLO JPMorgan Global Select Equity ETF Global Select Equity ETF -$41M
URTH iShares MSCI World ETF -$41M
GKAT Scharf Global Opportunity ETF -$15M
BBHM BBH Select Mid Cap ETF -$8M

Issuer League Table Update

Vanguard and iShares continue to command the Global Size & Style channel, holding 40.2% and 31.0% of the market share, respectively. Driven entirely by its flagship fund, Vanguard also led weekly asset gathering with $510 million in net inflows. Conversely, State Street experienced the largest net outflows among issuers, with investors pulling $62 million from its funds.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Vanguard 1 $78.43B 40.22%
iShares 11 $60.39B 30.97%
Capital Group 3 $19.58B 10.04%
JPMorgan 2 $6.91B 3.54%
Pacer 5 $3.43B 1.76%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
Vanguard $510M
Capital Group $69M
First Eagle $43M
Outflows
State Street -$62M
JPMorgan -$41M
iShares -$25M

For a deeper dive into these trends, access our FREE, in-depth Global Size & Style 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.