Global ETFs See Outflows as Investors Shed ACWI, Favor Capital Group

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Weekly Channel Summary

The Global Size & Style channel encompasses 104 ETFs from 73 issuers, with total assets under management standing at $192.85 billion. The segment experienced modest net outflows of $204 million over the past week, a small withdrawal compared to the substantial year-to-date inflows of $24.09 billion. Over the last twelve months, investors have added a net $36.59 billion to the channel.

This Week’s Performance Leaders and Laggards

Global Large Cap Value funds led performance this week, posting a gain of 0.46%, followed by Global Small & Mid Cap funds which rose 0.27%. On the other side of the ledger, Global Large Cap Blend funds were the weakest category, declining by 0.35%. Despite a slight dip this week, Global Large Cap Growth remains the top-performing category year-to-date with a return of 12.43%.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Global Large Cap – Value 0.46% 3.08% 2.32% 6.28% 9.73% 15.98%
Global Small | Mid Cap 0.27% 3.05% -1.70% 2.28% 11.15% 19.30%
Global Large Cap – Growth -0.14% -4.55% 4.56% 6.79% 12.43% 21.18%
Global Large Cap – Blend -0.35% 0.39% 3.02% 6.61% 9.39% 18.55%

Top & Bottom 5 ETFs by Weekly Performance

Among individual funds, the Simplify Affinity World Leaders Equity ETF (WLDR) was the standout performer, climbing 2.50% for the week. The Horizon Kinetics Inflation Beneficiaries ETF (INFL) also posted a strong gain of 1.83%. At the bottom of the rankings, the Tremblant Global ETF (TOGA) experienced the largest decline, falling 4.09% over the five-day period.

Ticker Fund Name WTD Performance
Top Performers
WLDR Simplify Affinity World Leaders Equity ETF 2.50%
INFL Horizon Kinetics Inflation Beneficiaries ETF 1.83%
CGV Conductor Global Equity Value ETF 1.37%
GPT Intelligent Alpha Atlas ETF 1.15%
CGDG Capital Group Dividend Growers ETF 1.03%
Bottom Performers
TOGA Tremblant Global ETF -4.09%
BGGG Baillie Gifford Long Term Global Growth ETF -2.68%
PCGG Polen Capital Global Growth ETF -2.35%
CLUB Billionaires Club ETF -2.23%
ETFT Fundsmith Equity ETF -2.06%

Analyzing the Weekly Flows

Despite the channel’s overall net outflow, investor demand varied significantly across categories. Global Large Cap Growth funds attracted the most new capital, pulling in $89 million. Conversely, the Global Large Cap Blend category drove the channel’s negative result, shedding $302 million in assets. This recent withdrawal from Blend funds contrasts with their dominant year-to-date intake of over $21.7 billion.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Global Large Cap – Growth 7 $12.00B $89M $219M $748M $1,804M $2,908M
Global Large Cap – Value 16 $9.69B $11M $37M $134M $749M $1,045M
Global Small | Mid Cap 9 $4.14B -$2M -$37M -$35M -$174M $41M
Global Large Cap – Blend 72 $167.02B -$302M $2,179M $6,621M $21,710M $32,600M

Top & Bottom 5 ETFs by 5-Day Flow

Flows at the fund level were dominated by a major redemption from a single ETF. The iShares MSCI ACWI ETF (ACWI) saw outflows of $590 million, followed by the iShares MSCI World ETF (URTH) with a $61 million withdrawal. Bucking the trend, the iShares Global 100 ETF (IOO) was the top asset gatherer, collecting $118 million in new investments.

Ticker Fund Name 5-Day Flow
Inflows
IOO iShares Global 100 ETF $118M
VT Vanguard Total World Stock ETF $96M
CGGO Capital Group Global Growth Equity ETF $90M
CGDG Capital Group Dividend Growers ETF $21M
CGGE Capital Group Global Equity ETF $19M
Outflows
ACWI iShares MSCI ACWI ETF -$590M
URTH iShares MSCI World ETF -$61M
CVGD CresAlta Global Dividend ETF -$5M
BBHM BBH Select Mid Cap ETF -$4M
RGEF Rockefeller Global Equity ETF -$2M

Issuer League Table Update

Vanguard and iShares continue to dominate the Global Size & Style landscape, commanding 40.24% and 30.65% of the market share, respectively. Capital Group was the most successful issuer in attracting new assets this week, with net inflows of $131 million across its fund lineup. In stark contrast, iShares experienced the largest net outflows among all issuers, with investors pulling a net $499 million from its products.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Vanguard 1 $77.60B 40.24%
iShares 11 $59.10B 30.65%
Capital Group 3 $19.74B 10.24%
JPMorgan 2 $6.79B 3.52%
Pacer 5 $3.48B 1.80%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
Capital Group $131M
Vanguard $96M
Avantis $20M
Outflows
iShares -$499M
BBH -$5M
CresAlta -$5M

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.