Weekly Channel Summary
The U.S. Size & Style channel, encompassing 1,017 ETFs from 286 issuers, holds nearly $8.7 trillion in total assets. This week, the channel attracted net inflows of $3.5 billion, contributing to a year-to-date total of $485.6 billion. Over the past twelve months, investors have allocated a substantial $782.5 billion to these domestic equity strategies.
This Week’s Performance Leaders and Laggards
It was a mixed week for performance, with large-cap strategies generally outperforming their smaller counterparts. U.S. Large Cap Growth funds led the way, posting a modest 0.55% weekly gain and bringing their year-to-date return to 12.72%. Conversely, U.S. Small Cap Growth funds experienced the steepest decline, falling 1.91% for the week. Despite the weekly setback, the small-cap growth category remains up a strong 18.31% year-to-date.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Large Cap – Growth | 0.55% | 5.86% | -1.52% | 16.02% | 12.72% | 19.42% |
| U.S. Large Cap – Blend | 0.39% | 3.62% | 2.55% | 12.33% | 13.52% | 19.67% |
| U.S. Large Cap – Value | -0.19% | 1.65% | 6.73% | 10.65% | 19.60% | 24.99% |
| U.S. Mid Cap – Value | -0.67% | -0.36% | 5.94% | 8.13% | 17.58% | 20.25% |
| U.S. Small Cap – Value | -0.76% | -0.24% | 5.23% | 11.72% | 21.91% | 25.67% |
| U.S. Mid Cap – Blend | -1.09% | 0.69% | 3.27% | 8.13% | 15.70% | 17.22% |
| U.S. Small Cap – Blend | -1.27% | 0.42% | 3.07% | 12.14% | 20.24% | 24.04% |
| U.S. Mid Cap – Growth | -1.40% | 2.52% | 0.74% | 7.32% | 10.54% | 7.93% |
| U.S. Small Cap – Growth | -1.91% | 1.33% | 0.29% | 11.61% | 18.31% | 21.35% |
Top & Bottom 5 ETFs by Weekly Performance
Among individual funds, strategies focused on company leadership and fundamentals delivered the strongest returns. The Founders 100 ETF (FFF) was the top performer with a 2.48% gain, closely followed by the Founder-Led ETF (FDRS) at 2.31%. On the other end of the spectrum, the Roundhill Meme Stock ETF (MEME) was the worst performer, declining 5.48% for the week.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| FFF | Founders 100 ETF | 2.48% |
| FDRS | Founder-Led ETF | 2.31% |
| AKRE | Akre Focus ETF | 2.20% |
| DUNK | Dana Unconstrained Equity ETF | 2.09% |
| BCHP | Principal Focused Blue Chip ETF | 1.99% |
| Bottom Performers | ||
| MEME | Roundhill Meme Stock ETF | -5.48% |
| FLDZ | TrueShares Patriot Defense ETF | -4.46% |
| RKNG | Defiance Retail Kings ETF | -4.07% |
| IFED | ETRACS IFED Invest with the Fed TR Index ETN due September 15, 2061 | -4.04% |
| GRNJ | Fundstrat Granny Shots US Small- & Mid-Cap ETF | -3.58% |
Analyzing the Weekly Flows
Despite the modest net inflow of $3.5 billion for the channel, significant asset rotation occurred beneath the surface. U.S. Large Cap Value was the clear favorite, attracting nearly $3.8 billion in new assets. Investors also showed interest in smaller companies, with U.S. Mid Cap Blend and U.S. Small Cap Blend funds pulling in $1.4 billion and $1.3 billion, respectively. These inflows were largely offset by the U.S. Large Cap Blend category, which saw net redemptions of $2.7 billion.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Value | 205 | $1,142.04B | $3,793M | $15,244M | $30,870M | $68,421M | $108,492M |
| U.S. Mid Cap – Blend | 69 | $456.60B | $1,432M | $5,058M | $10,348M | $28,802M | $40,485M |
| U.S. Small Cap – Blend | 69 | $398.43B | $1,302M | $2,444M | $6,333M | $5,656M | $15,730M |
| U.S. Small Cap – Growth | 22 | $62.26B | $371M | $554M | $1,757M | $1,747M | $2,575M |
| U.S. Mid Cap – Value | 26 | $91.66B | $6M | $339M | $462M | $1,080M | $2,675M |
| U.S. Small Cap – Value | 40 | $127.79B | $2M | $1,158M | $3,302M | $7,809M | $9,234M |
| U.S. Mid Cap – Growth | 29 | $65.83B | -$297M | -$327M | $45M | $226M | $2,789M |
| U.S. Large Cap – Growth | 174 | $1,490.73B | -$364M | $14,859M | $27,230M | $73,742M | $123,591M |
| U.S. Large Cap – Blend | 383 | $4,863.63B | -$2,726M | $30,470M | $157,234M | $298,100M | $476,888M |
Top & Bottom 5 ETFs by 5-Day Flow
A dramatic divergence among the largest S&P 500 ETFs defined the week’s fund flows. The Vanguard S&P 500 ETF (VOO) single-handedly brought in a massive $11.4 billion. However, this was more than countered by substantial outflows from its primary competitors. The State Street SPDR S&P 500 ETF (SPY) and the iShares Core S&P 500 ETF (IVV) bled $9.8 billion and $9.6 billion, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VOO | Vanguard S&P 500 ETF | $11,388M |
| VTI | Vanguard Morningstar Total Stock Market ETF | $2,393M |
| IJH | iShares Core S&P Mid-Cap ETF | $1,303M |
| RSP | Invesco S&P 500 Equal Weight ETF | $1,038M |
| SCHD | Schwab US Dividend Equity ETF | $921M |
| Outflows | ||
| SPY | State Street SPDR S&P 500 ETF | -$9,786M |
| IVV | iShares Core S&P 500 ETF | -$9,582M |
| QQQ | Invesco QQQ Trust Series I | -$1,451M |
| FSMD | Fidelity Small-Mid Multifactor ETF | -$593M |
| IWP | iShares Russell Mid-Cap Growth ETF | -$404M |
Issuer League Table Update
The issuer league table reflected the massive rotation within S&P 500 funds, with Vanguard capturing the lion’s share of inflows at $14.6 billion. This solidified its position as the largest issuer with a 34.0% market share, ahead of iShares at 26.4%. Conversely, the outflows from their flagship funds made SPDR and iShares the issuers with the largest weekly redemptions. SPDR saw net outflows of $8.9 billion, while iShares experienced redemptions totaling $6.8 billion.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,958.32B | 34.01% |
| iShares | 82 | $2,300.10B | 26.44% |
| SPDR | 28 | $1,250.74B | 14.38% |
| Invesco | 68 | $853.80B | 9.81% |
| Schwab | 11 | $391.65B | 4.50% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $14,577M |
| Nuveen | $1,204M |
| Schwab | $1,155M |
| Outflows | |
| SPDR | -$8,924M |
| iShares | -$6,839M |
| Fidelity | -$1,172M |
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.
