Weekly Channel Summary
The U.S. Size & Style channel, encompassing 991 ETFs from 279 issuers, holds approximately $8.38 trillion in assets. The channel experienced significant outflows of $25.1 billion over the past week, a sharp reversal from recent trends. Despite the weekly withdrawal, year-to-date flows remain robust at $375.3 billion. Over the last twelve months, investors have added a net $738.6 billion to the space.
This Week’s Performance Leaders and Laggards
U.S. Large Cap Blend funds led performance this week, posting a 2.10% gain and bringing their year-to-date return to 10.07%. Large Cap Growth and Value also saw positive returns, finishing the week up 1.65% and 1.02% respectively. In contrast, small-cap categories struggled, with U.S. Small Cap Blend funds marking the weakest performance at -0.44% for the week, though they remain up a strong 20.74% year-to-date.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 2.10% | -1.23% | 13.72% | 9.82% | 10.07% | 21.22% |
| U.S. Large Cap – Growth | 1.65% | -4.33% | 18.80% | 11.16% | 11.01% | 24.01% |
| U.S. Large Cap – Value | 1.02% | 2.11% | 10.92% | 13.96% | 14.88% | 23.59% |
| U.S. Mid Cap – Growth | 0.61% | -0.22% | 14.03% | 10.06% | 11.28% | 12.63% |
| U.S. Mid Cap – Blend | 0.18% | 1.47% | 12.38% | 13.68% | 15.00% | 20.66% |
| U.S. Mid Cap – Value | 0.14% | 3.09% | 10.29% | 13.78% | 14.92% | 21.83% |
| U.S. Small Cap – Growth | -0.18% | 2.55% | 19.00% | 19.55% | 21.15% | 31.81% |
| U.S. Small Cap – Value | -0.41% | 3.05% | 12.70% | 18.45% | 19.64% | 29.96% |
| U.S. Small Cap – Blend | -0.44% | 3.38% | 16.79% | 19.45% | 20.74% | 31.81% |
Top & Bottom 5 ETFs by Weekly Performance
Among individual funds, the Founder-Led ETF (FDRS) was the top performer, climbing 5.02% for the week. Other notable gainers included the Nomura Focused Large Growth ETF (LRGG), which rose 4.79%. At the other end of the spectrum, the Pinnacle Focused Opportunities ETF (FCUS) experienced the largest decline, falling 7.68%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| FDRS | Founder-Led ETF | 5.02% |
| LRGG | Nomura Focused Large Growth ETF | 4.79% |
| AIUP | FINQ FIRST U.S. Large Cap AI-Managed Equity ETF | 4.50% |
| ABOT | Abacus FCF Innovation Leaders ETF | 4.50% |
| MDPL | Monarch Dividend Plus ETF | 4.12% |
| Bottom Performers | ||
| FCUS | Pinnacle Focused Opportunities ETF | -7.68% |
| SGRT | SMART Earnings Growth 30 ETF | -6.53% |
| RKNG | Defiance Retail Kings ETF | -5.96% |
| MEME | Roundhill Meme Stock ETF | -4.55% |
| PDP | Invesco Dorsey Wright Momentum ETF | -4.02% |
Analyzing the Weekly Flows
The U.S. Size & Style channel saw a significant net outflow of $25.1 billion, driven by a major rotation within market capitalization segments. U.S. Large Cap Growth and Value funds bore the brunt of the withdrawals, shedding a combined $28.3 billion. Bucking this trend, U.S. Large Cap Blend funds attracted a remarkable $13.9 billion in new assets, indicating a flight to core market-cap-weighted exposures. Smaller capitalization categories, including mid and small-cap blend and value, also recorded substantial outflows.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 373 | $4,663.49B | $13,944M | $78,165M | $185,896M | $234,455M | $460,286M |
| U.S. Mid Cap – Growth | 26 | $67.08B | $178M | $858M | $728M | $1,028M | $4,206M |
| U.S. Small Cap – Growth | 21 | $62.66B | $90M | $889M | $1,777M | $911M | $1,355M |
| U.S. Small Cap – Value | 37 | $122.11B | -$1,330M | $623M | $3,132M | $5,189M | $6,451M |
| U.S. Mid Cap – Value | 25 | $88.36B | -$1,469M | $279M | $563M | $849M | $3,106M |
| U.S. Small Cap – Blend | 67 | $395.64B | -$3,960M | -$20M | -$319M | $2,102M | $7,920M |
| U.S. Mid Cap – Blend | 69 | $446.41B | -$4,230M | $5,501M | $13,401M | $24,522M | $39,288M |
| U.S. Large Cap – Value | 203 | $1,065.65B | -$12,927M | $12,399M | $20,301M | $46,404M | $91,450M |
| U.S. Large Cap – Growth | 169 | $1,468.46B | -$15,396M | $15,333M | $52,670M | $59,815M | $124,498M |
Top & Bottom 5 ETFs by 5-Day Flow
The iShares Core S&P 500 ETF (IVV) was the clear leader for inflows, gathering an impressive $12.3 billion over the week. On the other hand, outflows were heavily concentrated in two specific iShares funds tracking Russell 1000 style indexes. The iShares Russell 1000 Value ETF (IWD) saw the largest redemption, with investors pulling $8.0 billion. Its growth counterpart, the iShares Russell 1000 Growth ETF (IWF), was close behind, losing $7.1 billion.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IVV | iShares Core S&P 500 ETF | $12,342M |
| RSP | Invesco S&P 500 Equal Weight ETF | $2,786M |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | $2,593M |
| VTI | Vanguard Total Stock Market ETF | $1,645M |
| DIA | State Street SPDR Dow Jones Industrial Average ETF Trust | $1,243M |
| Outflows | ||
| IWD | iShares Russell 1000 Value ETF | -$8,023M |
| IWF | iShares Russell 1000 Growth ETF | -$7,066M |
| VONG | Vanguard Russell 1000 Growth ETF | -$4,934M |
| IWR | iShares Russell Midcap ETF | -$3,896M |
| VONV | Vanguard Russell 1000 Value ETF | -$3,761M |
Note: the following fund(s) were excluded from the flow totals above because the weekly flow exceeds 75% of the fund’s AUM and may be the result of a custom rebalance: LCAP ($1,443M).
Issuer League Table Update
Vanguard and iShares continue to dominate the U.S. Size & Style landscape, commanding 33.82% and 27.01% of the market share, respectively. Despite the overall channel outflows, Invesco led all issuers with $2.6 billion in net new assets for the week. Conversely, iShares experienced the most significant withdrawals, with a net outflow of $12.3 billion, closely followed by Vanguard which saw redemptions of $11.8 billion.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,834.93B | 33.82% |
| iShares | 82 | $2,263.85B | 27.01% |
| SPDR | 28 | $1,198.08B | 14.29% |
| Invesco | 68 | $839.05B | 10.01% |
| Schwab | 12 | $367.65B | 4.39% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Invesco | $2,617M |
| Schwab | $945M |
| Avantis | $593M |
| Outflows | |
| iShares | -$12,250M |
| Vanguard | -$11,763M |
| Putnam | -$2,080M |
For a deeper dive into these trends, access our FREE, in-depth 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.
