Weekly Channel Summary
The U.S. Size & Style ETF channel currently manages a massive $8,271.9B in total Assets Under Management (AUM) across 976 ETFs from 277 different issuers. Flow activity remains exceptionally robust, with the channel capturing $41.68B in net new money over the past 5 days alone. Year-to-date, the category has pulled in $269.89B, driving a staggering 1-year total flow of $668.18B.
This Week’s Performance Leaders and Laggards
Mid Cap Growth led the U.S. equity categories this week with a strong return of 2.72%, followed closely by Large Cap Growth at 2.58%. Conversely, Mid Cap Value and Small Cap Value brought up the rear, though they still managed to eke out positive WTD returns of 0.54% and 0.83% respectively. Year-to-date, Small Cap Growth currently boasts the highest overall return at 16.05%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Mid Cap – Growth | 2.72% | 6.22% | 8.78% | 12.00% | 12.64% | 22.29% |
| U.S. Large Cap – Growth | 2.58% | 7.64% | 14.78% | 12.76% | 12.93% | 30.58% |
| U.S. Small Cap – Growth | 1.58% | 3.60% | 10.08% | 15.19% | 16.05% | 32.85% |
| U.S. Large Cap – Blend | 1.30% | 4.17% | 7.25% | 10.39% | 10.10% | 25.02% |
| U.S. Mid Cap – Blend | 1.12% | 1.99% | 4.14% | 11.78% | 11.60% | 24.24% |
| U.S. Large Cap – Value | 0.94% | 2.53% | 3.90% | 11.79% | 11.11% | 25.05% |
| U.S. Small Cap – Blend | 0.89% | 1.75% | 6.57% | 13.23% | 13.41% | 29.11% |
| U.S. Small Cap – Value | 0.83% | 0.87% | 5.94% | 15.60% | 14.87% | 33.10% |
| U.S. Mid Cap – Value | 0.54% | 0.41% | 1.74% | 10.58% | 10.01% | 23.40% |
Top & Bottom ETFs by Weekly Performance
On an individual fund level, NOBL registered a massive anomaly in reported data with a 99.51% return (highlighting a critical tracking event). In Mid Caps, the Renaissance IPO ETF (IPO) led the charge with a 6.60% gain, while Harbor Active Small Cap Growth (SGRW) topped the Small Cap segment, up 5.18%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 Large Cap ETFs | ||
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | 99.51% |
| FFF | Founders 100 ETF | 8.53% |
| DUNK | Dana Unconstrained Equity ETF | 8.35% |
| BUZZ | VanEck Social Sentiment ETF | 7.51% |
| RVER | Trenchless Fund ETF | 7.07% |
| Bottom 5 Large Cap ETFs | ||
| TEXX | Horizon Kinetics Texas ETF | -3.85% |
| HDV | iShares Core High Dividend ETF | -2.70% |
| MVFD | Monarch Volume Factor Dividend Tree ETF | -2.51% |
| SPLV | Invesco S&P 500 Low Volatility ETF | -2.49% |
| DIVZ | Polen Dividend Income ETF | -2.37% |
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 Mid Cap ETFs | ||
| IPO | Renaissance IPO ETF | 6.60% |
| FRTY | Alger Mid Cap 40 ETF | 5.50% |
| BCSM | Baron SMID Cap ETF | 4.34% |
| GRNJ | Fundstrat Granny Shots US Small- & Mid-Cap ETF | 4.25% |
| QQQJ | Invesco NASDAQ Next Gen 100 ETF | 4.24% |
| Bottom 5 Mid Cap ETFs | ||
| XMLV | Invesco S&P MidCap Low Volatility ETF | -1.65% |
| REGL | ProShares S&P MidCap 400 Dividend Aristocrats ETF | -1.49% |
| FSCS | First Trust SMID Capital Strength ETF | -1.21% |
| HSMV | First Trust Horizon Managed Volatility Small/Mid ETF | -1.09% |
| SMIG | Bahl & Gaynor Small/Mid Cap Income Growth ETF | -0.83% |
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 Small Cap ETFs | ||
| SGRW | Harbor Active Small Cap Growth ETF | 5.18% |
| JSML | Janus Henderson Small Cap Growth Alpha ETF | 3.26% |
| CALF | Pacer US Small Cap Cash Cows ETF | 2.52% |
| DWAS | Invesco Dorsey Wright SmallCap Momentum ETF | 2.38% |
| VBK | Vanguard Small-Cap Growth ETF | 2.37% |
| Bottom 5 Small Cap ETFs | ||
| TMFS | Motley Fool Small-Cap Growth ETF | -1.23% |
| CSB | VictoryShares US Small Cap High Dividend Volatility Wtd ETF | -0.96% |
| SMMV | iShares MSCI USA Small-Cap Min Vol Factor ETF | -0.89% |
| SCDV | Bahl & Gaynor Small Cap Dividend ETF | -0.76% |
| SMCF | Themes US Small Cap Cash Flow Champions ETF | -0.73% |
Analyzing the Weekly Flows
The channel registered $41.68B in net flows over the past 5 days. U.S. Large Cap Blend captured the lion’s share, taking in an impressive $22,979M across its massive $4.61T AUM base. U.S. Large Cap Value also showed strength with $7,203M in weekly inflows. All major categories recorded positive net inflows for the week.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 365 | $4,612.1B | $22,979M | $55,577M | $115,122M | $154,797M | $406,774M |
| U.S. Large Cap – Value | 199 | $1,037.4B | $7,203M | $11,413M | $28,295M | $41,429M | $89,197M |
| U.S. Large Cap – Growth | 164 | $1,486.1B | $6,036M | $23,975M | $45,511M | $48,196M | $120,343M |
| U.S. Small Cap – Blend | 66 | $379.3B | $3,856M | -$96M | $1,031M | $1,062M | $4,561M |
| U.S. Mid Cap – Blend | 68 | $429.1B | $840M | $4,239M | $14,227M | $18,877M | $35,135M |
| U.S. Small Cap – Value | 37 | $117.8B | $552M | $1,689M | $3,495M | $4,568M | $5,242M |
| U.S. Mid Cap – Value | 24 | $85.9B | $162M | $248M | $148M | $648M | $2,845M |
| U.S. Small Cap – Growth | 21 | $59.6B | $37M | $549M | $916M | $35M | $472M |
| U.S. Mid Cap – Growth | 25 | $64.6B | $14M | $174M | $386M | $247M | $3,586M |
Top & Bottom ETFs by 5-Day Flow
At the fund level, IVV was the indisputable heavyweight champion, pulling in nearly $11 billion in new assets in 5 days. Conversely, the quality factor took a sizable hit with QUAL shedding over $5 billion. In the Small Cap segment, IWM collected over $3.3 billion, easily offsetting the $119M withdrawn from its core counterpart, IJR.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top 5 Large Cap Flow Leaders | ||
| IVV | iShares Core S&P 500 ETF | $10,969M |
| VOO | Vanguard S&P 500 ETF | $6,893M |
| NOBL | ProShares S&P 500 Dividend Aristocrats ETF | $5,566M |
| SPY | State Street SPDR S&P 500 ETF | $4,053M |
| QQQ | Invesco QQQ Trust Series I | $3,909M |
| Bottom 5 Large Cap Flow Laggards | ||
| QUAL | iShares MSCI USA Quality Factor ETF | -$5,029M |
| IVE | iShares S&P 500 Value ETF | -$2,214M |
| MTUM | iShares MSCI USA Momentum Factor ETF | -$1,038M |
| AKRE | Akre Focus ETF | -$344M |
| SPLV | Invesco S&P 500 Low Volatility ETF | -$221M |
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top 5 Mid Cap Flow Leaders | ||
| VO | Vanguard Mid-Cap ETF | $178M |
| SMMD | iShares Russell 2500 ETF | $137M |
| IWR | iShares Russell Midcap ETF | $128M |
| NUMV | Nuveen ESG Mid-Cap Value ETF | $97M |
| NUMG | Nuveen ESG Mid-Cap Growth ETF | $92M |
| Bottom 5 Mid Cap Flow Laggards | ||
| IJK | iShares S&P Mid-Cap 400 Growth ETF | -$129M |
| VOT | Vanguard Mid-Cap Growth ETF | -$29M |
| JMEE | JPMorgan Small & Mid Cap Enhanced Equity.. | -$22M |
| PRFZ | Invesco RAFI US 1500 Small-Mid ETF | -$6M |
| FLQM | Franklin U.S. Mid Cap Multifactor Index ETF | -$6M |
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top 5 Small Cap Flow Leaders | ||
| IWM | iShares Russell 2000 ETF | $3,368M |
| IJS | iShares S&P Small-Cap 600 Value ETF | $292M |
| NUSC | Nuveen ESG Small-Cap ETF | $245M |
| VB | Vanguard Small-Cap ETF | $198M |
| AVUV | Avantis U.S. Small Cap Value ETF | $128M |
| Bottom 5 Small Cap Flow Laggards | ||
| IJR | iShares Core S&P Small Cap ETF | -$119M |
| VBK | Vanguard Small-Cap Growth ETF | -$43M |
| FNDA | Schwab Fundamental U.S. Small Company ETF | -$38M |
| VBR | Vanguard Small Cap Value ETF | -$32M |
| IJT | iShares S&P Small-Cap 600 Growth ETF | -$25M |
Issuer League Table Update
Vanguard and iShares continue to dominate the U.S. Size & Style channel with 34.24% and 26.80% market share, respectively. When looking at recent capital movement, iShares edged out Vanguard in the past 5 days with an industry-leading $9,793M in inflows. On the other end of the spectrum, Akre suffered the largest outright outflow, shedding -$344M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,832.64B | 34.24% |
| iShares | 82 | $2,216.64B | 26.80% |
| SPDR | 28 | $1,181.83B | 14.29% |
| Invesco | 68 | $828.08B | 10.01% |
| Schwab | 12 | $366.26B | 4.43% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Top 3 Issuers (Inflows) | |
| iShares | $9,793M |
| Vanguard | $9,278M |
| SPDR | $6,205M |
| Bottom 3 Issuers (Outflows) | |
| Akre | -$344M |
| Goldman Sachs | -$111M |
| Pacer | -$81M |
For a deeper dive into these trends, access our FREE, in-depth 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.
