Value Outperforms While Blend Dominates Flows in Global Equities

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Weekly Channel Summary

The Global Equity – Size & Style ETF channel, encompassing 95 ETFs across 67 issuers, currently oversees approximately $162 billion in total Assets Under Management. Over the past week, the segment attracted positive net new money, pulling in $0.64 billion. This continues a strong longer-term trend of steady asset gathering, contributing to year-to-date inflows of $10.92 billion and a massive $32.18 billion in total net inflows over the trailing one-year period.

This Week’s Performance Leaders and Laggards

Performance was broadly negative across the Global Equity – Size & Style channel this week. The Global Large Cap – Value category demonstrated the most resilience, leading its peers despite a Week-to-Date (WTD) return of -1.70%. Value also remains in positive territory Year-to-Date (YTD) at 1.71%. Conversely, Global Large Cap – Growth was the primary laggard, dropping -2.34% WTD and pushing its deep YTD decline further to -8.09%.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Global Large Cap – Value -1.70% -6.66% 2.22% 7.41% 1.71% 20.79%
Global Large Cap – Blend -1.88% -7.29% -2.89% -0.62% -3.38% 14.30%
Global Small | Mid Cap -1.94% -8.00% 1.06% 4.33% 1.12% 20.08%
Global Large Cap – Growth -2.34% -7.37% -7.44% -8.56% -8.09% 2.49%

Top & Bottom 5 ETFs by Weekly Performance

Looking at individual funds, the Pacer Global Cash Cows Dividend ETF (GCOW) held up best, dropping just -0.35% for the week. On the other end of the spectrum, the Oakmark International Large Cap ETF (OAKI) and the City Different Investments Global Equity ETF (CDIG) suffered the steepest declines, shedding -3.34% and -3.30%, respectively.

Ticker Fund Name WTD Performance
Top Performers
GCOW Pacer Global Cash Cows Dividend ETF -0.35%
RW Rainwater Equity ETF -0.53%
EZRO Alpha Droid Defensive Sector Rotation ETF -0.72%
TOLL Tema Durable Quality ETF -0.77%
EZMO Alpha Droid Broad Markets Momentum ETF -0.86%
Bottom Performers
OAKI Oakmark International Large Cap ETF -3.34%
CDIG City Different Investments Global Equity ETF -3.30%
MOTG VanEck Morningstar Global Wide Moat ETF -3.27%
PCGG Polen Capital Global Growth ETF -3.06%
INFL Horizon Kinetics Inflation Beneficiaries ETF -3.00%

Analyzing the Weekly Flows

The channel secured $625 million in total net inflows this week, heavily concentrated in the massive Global Large Cap – Blend category. Blend gathered $756 million in new assets, bringing its total AUM up to nearly $139.9 billion. Value and Small/Mid Cap both saw modest positive flows, while the Global Large Cap – Growth category suffered the week’s largest redemptions, shedding $137 million.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Global Large Cap – Blend 67 $139.9B $756M $3,962M $10,829M $9,627M $27,846M
Global Large Cap – Value 13 $8.3B $4M $81M $30M $573M $945M
Global Small | Mid Cap 9 $4.1B $3M -$130M -$113M -$133M $770M
Global Large Cap – Growth 4 $9.5B -$137M $83M $903M $820M $2,594M

Top & Bottom 5 ETFs by 5-Day Flow

At the ticker level, the iShares MSCI ACWI ETF (ACWI) dominated asset gathering, capturing a massive $558 million in weekly inflows. On the downside, the Polen Capital Global Growth ETF (PCGG) experienced the steepest redemptions, losing $157 million, followed by the iShares MSCI Global Min Vol Factor ETF (ACWV) which saw $24 million head for the exits.

Ticker Fund Name 5-Day Flow
Inflows
ACWI iShares MSCI ACWI ETF $558M
VT Vanguard Total World Stock ETF $93M
FEGE First Eagle Global Equity ETF $40M
CGGE Capital Group Global Equity ETF $35M
CGGO Capital Group Global Growth Equity ETF $21M
Outflows
PCGG Polen Capital Global Growth ETF -$157M
ACWV iShares MSCI Global Min Vol Factor ETF -$24M
SPGM State Street SPDR Portfolio MSCI Global Stock ETF -$19M
PRAY FIS Christian Stock Fund -$6M
RWLC Rayliant Wilshire NxtGen US Large Cap Equity ETF -$6M

Issuer League Table Update

Vanguard and iShares maintain a duopoly atop the issuer league tables, controlling 38.71% and 32.18% of the channel’s market share, respectively. This week, iShares led the pack in organic growth by a wide margin, gathering $555 million in new assets. On the other hand, Polen saw the most significant weekly outflows among top issuers, losing $157 million.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Vanguard 1 $62.69B 38.71%
iShares 11 $52.11B 32.18%
Capital Group 3 $15.80B 9.76%
JPMorgan 2 $6.61B 4.08%
Pacer 4 $3.33B 2.06%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
iShares $555M
Vanguard $93M
Capital Group $67M
Outflows
Polen -$157M
State Street -$19M
Avos -$10M

For a deeper dive into these trends, access our FREE, in-depth Global Equity – 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.