Weekly Channel Summary
The Size & Style – Global Ex-U.S. channel closed the week with total AUM of $1,945.24B spread across 354 ETFs from 103 issuers. Net flows were positive at $8,837M for the 5-day period, with year-to-date inflows of $213,212M and 1-year inflows of $282,507M underscoring sustained investor demand for international equity exposure throughout the year.
This Week’s Performance Leaders and Laggards
Emerging Large Cap led all categories on the week with a 0.85% gain, extending its strong year-to-date return of 21.22% and a 26.70% advance over the trailing year. Global Ex-U.S. Large Cap – Growth and Global Ex-U.S. Large Cap – Blend followed with weekly gains of 0.60% and 0.56%, respectively, though Blend’s 1-Year return of 22.02% remains competitive with the broader group. Global Ex-U.S. Large Cap – Value was the lone category in negative territory for the week at -0.04%, despite holding the strongest 1-Year return in the channel at 28.15%. At the fund level, EEMO topped performers with a 3.94% weekly gain, while IPOS lagged with a 3.11% decline.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Emerging Large Cap | 0.85% | 0.60% | 1.34% | 16.38% | 21.22% | 26.70% |
| Global Ex-U.S. Large Cap – Growth | 0.60% | -2.74% | 0.73% | 11.84% | 10.62% | 15.98% |
| Global Ex-U.S. Large Cap – Blend | 0.56% | -2.40% | 1.94% | 12.21% | 14.43% | 22.02% |
| Global Ex-U.S. Small | Mid Cap | 0.11% | -1.70% | 5.33% | 11.29% | 14.92% | 22.23% |
| Emerging Small | Mid Cap | 0.03% | -0.54% | 0.15% | 7.67% | 12.64% | 14.11% |
| Global Ex-U.S. Large Cap – Value | -0.04% | -2.15% | 5.11% | 11.77% | 17.29% | 28.15% |
Top & Bottom 5 ETFs by Weekly Performance
The top five performers this week were concentrated in emerging markets and international equity strategies, led by EEMO at 3.94% and EMEQ at 3.77%. EMSF, PJIO, and AMEM rounded out the leaders with gains between 2.92% and 3.29%. On the downside, IPOS fell 3.11%, the steepest decline in the channel, followed by dividend-focused funds PID and SDEM, down 2.03% and 1.82%, respectively. The dispersion between top and bottom performers highlights continued divergence between growth-oriented emerging market strategies and dividend/small-cap income approaches this week.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| EEMO | Invesco S&P Emerging Markets Momentum ETF | 3.94% |
| EMEQ | Nomura ETF Trust Nomura Focused Emerging Markets Equity ETF | 3.77% |
| EMSF | Matthews Emerging Markets Sustainable Future Active ETF | 3.29% |
| PJIO | PGIM Jennison Focused International Equity ETF | 3.03% |
| AMEM | Amana Developing World ETF | 2.92% |
| Bottom Performers | ||
| IPOS | Renaissance International IPO ETF | -3.11% |
| PID | Invesco International Dividend Achievers ETF | -2.03% |
| SDEM | Global X MSCI SuperDividend Emerging Markets ETF | -1.82% |
| DVYE | iShares Emerging Markets Dividend ETF | -1.55% |
| HWO | Hotchkis & Wiley Opportunities Fund ETF | -1.53% |
Analyzing the Weekly Flows
The channel attracted $8,837M in net inflows over the trailing 5-day period, led decisively by the Global Ex-U.S. Large Cap – Blend category, which pulled in $10,308M and continues to dominate longer-term flows with $124,330M year-to-date. Emerging Large Cap added a modest $287M for the week despite its strong year-to-date total of $54,114M. On the outflow side, Global Ex-U.S. Large Cap – Growth saw the largest weekly redemption at $991M, followed by Global Ex-U.S. Small | Mid Cap at $396M and Global Ex-U.S. Large Cap – Value at $319M, though all three categories retain positive year-to-date flow totals.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Global Ex-U.S. Large Cap – Blend | 131 | $1,174.61B | $10,308M | $18,922M | $40,532M | $124,330M | $166,979M |
| Emerging Large Cap | 106 | $493.54B | $287M | $3,105M | $14,464M | $54,114M | $70,547M |
| Emerging Small | Mid Cap | 7 | $3.16B | -$50M | -$65M | -$128M | -$242M | -$250M |
| Global Ex-U.S. Large Cap – Value | 56 | $154.40B | -$319M | $2,321M | $12,533M | $22,295M | $26,877M |
| Global Ex-U.S. Small | Mid Cap | 23 | $69.85B | -$396M | $323M | -$1,855M | $3,405M | $8,206M |
| Global Ex-U.S. Large Cap – Growth | 31 | $49.67B | -$991M | -$601M | $310M | $9,311M | $10,148M |
Top & Bottom 5 ETFs by 5-Day Flow
Inflows were led by CORO, which gathered $4,268M, closely followed by ACWX at $3,826M, together accounting for the bulk of the week’s net inflows. On the redemption side, EFG saw the largest outflow at $1,063M, while FNDF shed $497M, reflecting rotation away from growth and fundamental-weighted international strategies this week.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| CORO | iShares International Country Rotation Active ETF | $4,268M |
| ACWX | iShares MSCI ACWI ex U.S. ETF | $3,826M |
| VXUS | Vanguard Total International Stock ETF | $654M |
| VEA | Vanguard FTSE Developed Markets ETF | $579M |
| IEFA | iShares Core MSCI EAFE ETF | $293M |
| Outflows | ||
| EFG | iShares MSCI EAFE Growth ETF | -$1,063M |
| FNDF | Schwab Fundamental International Equity ETF | -$497M |
| SCHC | Schwab International Small-Cap Equity ETF | -$186M |
| GWX | State Street SPDR S&P International Small Cap ETF | -$175M |
| IXUS | iShares Core MSCI Total International Stock ETF | -$144M |
Issuer League Table Update
iShares remains the dominant issuer in the channel with 38.34% market share and $745.89B in AUM across 42 funds, followed by Vanguard at 32.96% share and $641.06B across 11 funds. iShares also led weekly inflows with $7,243M, extending its scale advantage, while Vanguard added a further $1,815M and Dimensional gathered $411M. On the outflow side, Schwab experienced the largest weekly redemption at $768M, followed by State Street at $201M, as investors rotated capital away from these providers’ international fundamental and small-cap offerings.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 42 | $745.89B | 38.34% |
| Vanguard | 11 | $641.06B | 32.96% |
| Schwab | 7 | $128.26B | 6.59% |
| Dimensional | 15 | $109.47B | 5.63% |
| Avantis | 12 | $73.81B | 3.79% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $7,243M |
| Vanguard | $1,815M |
| Dimensional | $411M |
| Outflows | |
| Schwab | -$768M |
| State Street | -$201M |
| VictoryShares | -$123M |
For a deeper dive into these trends, access our FREE, in-depth Global Ex-U.S. 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.
