Weekly Channel Summary
The Global Ex-U.S. Size & Style channel currently tracks 334 ETFs across 92 issuers, representing a massive $1,766B in total Assets Under Management (AUM). Flow activity remained robust this past week, gathering a net $4.00B in new assets. This strong weekly showing adds to an impressive year-to-date haul of $113.50B and a 1-year total flow of $258.78B.
This Week’s Performance Leaders and Laggards
The Emerging Large Cap category stood alone as the sole positive performer this week, posting a week-to-date (WTD) return of 0.33% and extending its YTD lead to a commanding 15.08%. On the other end of the spectrum, the Global Ex-U.S. Small | Mid Cap category lagged the group, falling -2.21% WTD, though it remains in the green for the year at 8.78%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Emerging Large Cap | 0.33% | 10.89% | 7.73% | 17.59% | 15.08% | 47.07% |
| Emerging Small | Mid Cap | -0.44% | 10.87% | 7.35% | 13.13% | 13.24% | 34.90% |
| Global Ex-U.S. Large Cap – Growth | -1.81% | 8.91% | 0.79% | 7.29% | 6.14% | 25.81% |
| Global Ex-U.S. Large Cap – Blend | -1.91% | 7.07% | 2.27% | 9.78% | 6.83% | 28.58% |
| Global Ex-U.S. Large Cap – Value | -1.91% | 5.64% | 4.15% | 14.26% | 8.60% | 34.29% |
| Global Ex-U.S. Small | Mid Cap | -2.21% | 7.13% | 2.50% | 12.33% | 8.78% | 38.07% |
At the fund level, the EMSF (Matthews Emerging Markets Sustainable Future Active ETF) was the top performer in the Emerging Markets segment, gaining 3.40%. For the Global Ex-U.S. segment, the PATN (Pacer Nasdaq International Patent Leaders ETF) led the way up 1.57%. The worst performers of the week overall were AADR (AdvisorShares Dorsey Wright ADR ETF) and MOTI (VanEck Morningstar International Moat ETF), dropping -4.38% and -3.94%, respectively.
Top & Bottom 5 Global Ex-U.S. ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| PATN | Pacer Nasdaq International Patent Leaders ETF | 1.57% |
| SPWO | SP Funds S&P World (ex-US) ETF | 1.20% |
| VNIE | Vontobel International Equity Active ETF | 1.12% |
| FPXI | First Trust International Equity Opportunities ETF | 0.42% |
| VEA | Vanguard FTSE Developed Markets ETF | 0.38% |
| Bottom Performers | ||
| AADR | AdvisorShares Dorsey Wright ADR ETF | -4.38% |
| MOTI | VanEck Morningstar International Moat ETF | -3.94% |
| IQDG | WisdomTree International Quality Dividend Growth Fund | -3.84% |
| VEFA | VanEck MSCI EAFE Analyst Sentiment ETF | -3.82% |
| BAIV | Brown Advisory International Value Select ETF | -3.52% |
Top & Bottom 5 Emerging Market ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| EMSF | Matthews Emerging Markets Sustainable Future Active ETF | 3.40% |
| BCHI | GMO Beyond China ETF | 2.93% |
| MEMS | Matthews Emerging Markets Discovery Active ETF | 2.66% |
| EMEQ | Nomura ETF Trust Nomura Focused Emerging Markets Equity ETF | 2.60% |
| EPEM | Harbor Emerging Markets Equity ETF | 2.28% |
| Bottom Performers | ||
| XC | WisdomTree True Emerging Markets Fund | -3.91% |
| BKF | iShares MSCI BIC ETF | -2.78% |
| RNEM | First Trust Emerging Markets Equity Select ETF | -2.73% |
| EDOG | ALPS Emerging Sector Dividend Dogs ETF | -2.66% |
| SDEM | Global X MSCI SuperDividend Emerging Markets ETF | -2.54% |
Analyzing the Weekly Flows
It was another solid week for asset gathering, with the channel raking in a net $4.00B. Global Ex-U.S. Large Cap – Blend captured the lion’s share, hauling in $1,678M and pushing its massive category AUM up to $1,064.1B. Global Ex-U.S. Large Cap – Value wasn’t far behind, securing $1,213M in new capital, while the Emerging Small | Mid Cap category remained completely flat on the week.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Global Ex-U.S. Large Cap – Blend | 124 | $1,064.1B | $1,678M | $8,490M | $46,213M | $56,007M | $144,725M |
| Global Ex-U.S. Large Cap – Value | 54 | $138.1B | $1,213M | $1,944M | $9,073M | $11,304M | $27,494M |
| Emerging Large Cap | 102 | $446.0B | $905M | $4,611M | $21,374M | $35,394M | $67,815M |
| Global Ex-U.S. Large Cap – Growth | 26 | $45.8B | $162M | $643M | $6,652M | $7,065M | $7,177M |
| Global Ex-U.S. Small | Mid Cap | 20 | $68.4B | $38M | $790M | $2,960M | $3,766M | $11,743M |
| Emerging Small | Mid Cap | 6 | $3.4B | $0M | -$42M | -$69M | -$65M | -$207M |
Diving into individual funds, VEA (Vanguard FTSE Developed Markets ETF) dominated the Global Ex-U.S. flows, accumulating $1,020M. Over in the Emerging Markets segment, EMXC (iShares MSCI Emerging Markets ex China ETF) took the top spot with $352M. On the flip side, JHMD (John Hancock Multifactor Developed International ETF) and DBEF (Xtrackers MSCI EAFE Hedged Equity ETF) experienced the heaviest outflows, shedding -$318M and -$125M, respectively.
Top & Bottom 5 Global Ex-U.S. ETFs by 5-Day Flow
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VEA | Vanguard FTSE Developed Markets ETF | $1,020M |
| JDVI | John Hancock Disciplined Value International Select ETF | $644M |
| VXUS | Vanguard Total International Stock ETF | $232M |
| DFIV | Dimensional International Value ETF | $194M |
| AVDE | Avantis International Equity ETF | $187M |
| Outflows | ||
| JHMD | John Hancock Multifactor Developed International ETF | -$318M |
| DBEF | Xtrackers MSCI EAFE Hedged Equity ETF | -$125M |
| HEFA | iShares Currency Hedged MSCI EAFE ETF | -$67M |
| SCZ | iShares MSCI EAFE Small-Cap ETF | -$67M |
| TPIF | Timothy Plan International ETF | -$26M |
Top & Bottom 5 Emerging Market ETFs by 5-Day Flow
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| EMXC | iShares MSCI Emerging Markets ex China ETF | $352M |
| AVEM | Avantis Emerging Markets Equity ETF | $248M |
| GEM | Goldman Sachs ActiveBeta Emerging Markets Equity ETF | $100M |
| CGNG | Capital Group New Geography Equity ETF | $39M |
| EMGF | iShares Emerging Markets Equity Factor ETF | $33M |
| Outflows | ||
| XSOE | WisdomTree Emerging Markets ex-State-Owned Enterprises Fund | -$9M |
| TEMX | Touchstone Sands Capital Emerging Markets Growth ETF | -$1M |
| RWEM | Rayliant NxtGen Multifactor Emerging Markets Equity ETF | $0M |
| KEMX | KraneShares MSCI Emerging Markets EX China Index ETF | $0M |
| EMC | Global X Emerging Markets Great Consumer ETF | $0M |
Issuer League Table Update
The heavyweights of the ETF industry remain firmly entrenched, with iShares and Vanguard continuing to dominate the Global Ex-U.S. channel, commanding 38.67% and 33.26% of total market share, respectively. Vanguard gathered the most in weekly inflows, securing an impressive $1,415M in new cash, while Xtrackers saw the largest drawdowns, suffering net outflows of -$117M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 42 | $682.90B | 38.67% |
| Vanguard | 9 | $587.26B | 33.26% |
| Schwab | 7 | $117.88B | 6.68% |
| Dimensional | 15 | $97.46B | 5.52% |
| State Street | 12 | $63.81B | 3.61% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $1,415M |
| iShares | $593M |
| Avantis | $468M |
| Outflows | |
| Xtrackers | -$117M |
| WisdomTree | -$38M |
| Timothy | -$26M |
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.
