Weekly Channel Summary
The Size & Style Global Ex-U.S. channel ended the week with total AUM of $1,925.23B spread across 364 ETFs from 107 issuers. Net flows were strongly positive, with $8,286M entering the channel over the trailing five days. Momentum has been sustained throughout the year, with YTD inflows of $251,539M and 1-Year inflows of $293,441M underscoring persistent investor demand for international equity exposure outside the U.S.
This Week’s Performance Leaders and Laggards
Every major category posted gains on the week, led by Emerging Large Cap at 2.49% WTD, followed closely by Global Ex-U.S. Large Cap – Growth at 2.32% and Global Ex-U.S. Large Cap – Blend at 2.20%. Emerging Small | Mid Cap lagged the group with a more modest 1.50% weekly gain, though it remains among the weaker YTD performers at 3.02%. On a YTD basis, Global Ex-U.S. Large Cap – Value stands out with a 16.75% return, well ahead of its peers and supported by a 21.31% 1-Year gain. The breadth of weekly gains across categories suggests broad-based strength in ex-U.S. equities rather than a narrow rally.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Emerging Large Cap | 2.49% | -6.86% | -7.58% | -7.21% | 10.43% | 11.42% |
| Global Ex-U.S. Large Cap – Growth | 2.32% | -1.32% | -6.07% | -0.41% | 7.09% | 9.03% |
| Global Ex-U.S. Large Cap – Blend | 2.20% | -0.72% | -4.81% | -0.09% | 11.23% | 14.34% |
| Global Ex-U.S. Large Cap – Value | 2.16% | 1.50% | -1.61% | 3.70% | 16.75% | 21.31% |
| Global Ex-U.S. Small | Mid Cap | 2.13% | -2.47% | -4.93% | -2.85% | 9.88% | 15.04% |
| Global Large Cap – Value | 1.90% | — | — | — | — | — |
| Emerging Small | Mid Cap | 1.50% | -8.95% | -8.43% | -9.37% | 3.02% | 3.88% |
Top & Bottom 5 ETFs by Weekly Performance
Emerging markets momentum strategies dominated the top of the leaderboard, with EEMO gaining 7.30% and PIE adding 6.35% for the week. China-ex exposures also performed well, with EMXC and XCEM both posting gains near 4.75%. On the downside, BKF was the week’s weakest performer at -1.98%, with DINT also declining 1.21%. The dispersion between the top and bottom funds highlights how emerging-market-focused strategies, particularly those emphasizing momentum or China exclusion, outperformed more diversified or concentrated international approaches this week.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| EEMO | Invesco S&P Emerging Markets Momentum ETF | 7.30% |
| PIE | Invesco Dorsey Wright Emerging Markets Momentum ETF | 6.35% |
| EMXC | iShares MSCI Emerging Markets ex China ETF | 4.75% |
| XCEM | Columbia EM Core ex-China ETF | 4.74% |
| STXE | Strive Emerging Markets Ex-China ETF | 4.70% |
| Bottom Performers | ||
| BKF | iShares MSCI BIC ETF | -1.98% |
| DINT | Davis Select International ETF | -1.21% |
| ABLG | Abacus FCF International Leaders ETF | -1.05% |
| BGCG | Baillie Gifford International Concentrated Growth ETF | -0.85% |
| EQLT | iShares MSCI Emerging Markets Quality Factor ETF | -0.41% |
Analyzing the Weekly Flows
The channel attracted $8,286M in net inflows over the week, led decisively by Global Ex-U.S. Large Cap – Blend, which captured $6,629M and continues to dominate flows with $152,933M YTD. Emerging Large Cap and Global Ex-U.S. Large Cap – Value also saw healthy inflows of $1,071M and $673M, respectively. Global Ex-U.S. Large Cap – Growth was the lone category to post meaningful outflows at -$146M, while Global Large Cap – Value also saw a modest -$9M redemption. The concentration of flows into blend-style, broadly diversified international products suggests investors are favoring core international allocations over growth-tilted strategies this week.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Global Ex-U.S. Large Cap – Blend | 136 | $1,181.73B | $6,629M | $18,949M | $51,592M | $152,933M | $178,691M |
| Emerging Large Cap | 109 | $458.61B | $1,071M | $5,394M | $10,877M | $59,238M | $70,395M |
| Global Ex-U.S. Large Cap – Value | 57 | $157.54B | $673M | $2,517M | $6,600M | $25,319M | $27,970M |
| Global Ex-U.S. Small | Mid Cap | 23 | $68.56B | $62M | $851M | $1,426M | $4,603M | $6,343M |
| Emerging Small | Mid Cap | 6 | $2.91B | $6M | $19M | -$38M | -$231M | -$273M |
| Global Large Cap – Value | 1 | $6.93B | -$9M | -$21M | -$21M | -$21M | -$21M |
| Global Ex-U.S. Large Cap – Growth | 32 | $48.94B | -$146M | $418M | -$280M | $9,697M | $10,335M |
Top & Bottom 5 ETFs by 5-Day Flow
Flows were led by CORO, which pulled in $3,106M, followed by VXUS with $1,221M in net inflows. On the outflow side, EFG led redemptions at -$189M, followed by EDGI at -$76M. The gap between the top inflow fund and the largest outflow was substantial, reinforcing the broad-based appeal of core international blend products over narrower growth or factor-tilted alternatives this week.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| CORO | iShares International Country Rotation Active ETF | $3,106M |
| VXUS | Vanguard Total International Stock ETF | $1,221M |
| SPDW | State Street SPDR Portfolio Developed World ex-US ETF | $667M |
| AVEM | Avantis Emerging Markets Equity ETF | $339M |
| SCHF | Schwab International Equity ETF | $321M |
| Outflows | ||
| EFG | iShares MSCI EAFE Growth ETF | -$189M |
| EDGI | 3EDGE Dynamic International Equity ETF | -$76M |
| QEFA | State Street SPDR MSCI EAFE StrategicFactors ETF | -$45M |
| IFV | First Trust Dorsey Wright International Focus 5 ETF | -$23M |
| CGIE | Capital Group International Equity ETF | -$22M |
Issuer League Table Update
iShares remains the dominant issuer in the channel with $731.70B in AUM and a 38.01% market share, followed by Vanguard at $628.50B and 32.65% share. iShares also led weekly inflows with $3,343M, followed by Vanguard at $1,576M and State Street at $710M, indicating that the largest issuers are also capturing the bulk of new capital. On the outflow side, 3Edge saw the largest weekly redemptions at -$76M, followed by WisdomTree at -$23M. This pattern reflects continued consolidation of flows among the largest, most liquid issuers in the Global Ex-U.S. space.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 43 | $731.70B | 38.01% |
| Vanguard | 11 | $628.50B | 32.65% |
| Schwab | 7 | $127.29B | 6.61% |
| Dimensional | 15 | $108.86B | 5.65% |
| Avantis | 12 | $72.73B | 3.78% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $3,343M |
| Vanguard | $1,576M |
| State Street | $710M |
| Outflows | |
| 3Edge | -$76M |
| WisdomTree | -$23M |
| Freedom | -$12M |
For a deeper dive into these trends, access our FREE, in-depth Global Ex-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.
