Capital Group’s CGGO Dominates Weekly Inflows; JPMorgan Faces Significant Outflows

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Weekly Channel Summary

The Global Size & Style ETF channel currently manages $155 billion in total assets across 92 ETFs from 64 unique issuers. The channel experienced a robust week of activity, gathering $1.03 billion in net inflows over the past five days. This positive momentum contributes to a Year-to-Date (YTD) inflow total of $1.07 billion, continuing the strong trajectory seen over the past year, which has accounted for $21.61 billion in total net new money.

This Week’s Performance Leaders and Laggards

Risk-on sentiment led the performance tables this week, with the Equity: Global Small | Mid Cap category leading the charge with a 2.86% Week-to-Date (WTD) return. Conversely, the Equity: Global Large Cap – Value category was the primary laggard, though it still posted a positive return of 1.71%. All categories remain in positive territory for the year, with the Small | Mid Cap segment also leading YTD performance at 3.82%.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Equity: Global Small | Mid Cap 2.86% 4.57% 7.23% 12.09% 3.82% 24.85%
Equity: Global Large Cap – Growth 2.39% 2.90% 1.64% 4.97% 2.69% 12.11%
Equity: Global Large Cap – Blend 1.97% 3.39% 4.65% 10.70% 2.52% 22.42%
Equity: Global Large Cap – Value 1.71% 4.20% 6.80% 11.59% 2.41% 27.01%

Top & Bottom 5 ETFs by Weekly Performance

The single best-performing ETF this week was the City Different Investments Global Equity ETF (CDIG), which returned 5.79%. On the other end of the spectrum, the Intelligent Alpha Atlas ETF (GPT) and the Innovator Gradient Tactical Rotation Strategy ETF (IGTR) were the worst-performing funds, returning just 0.09% and 0.46% respectively.

Ticker Fund Name WTD Performance
Top Performers
CDIG City Different Investments Global Equity ETF 5.79%
RW Rainwater Equity ETF 4.64%
TOLL Tema Durable Quality ETF 4.43%
SAGP Strategas Global Policy Opportunities ETF 4.41%
WSML iShares MSCI World Small-Cap ETF 3.62%
Bottom Performers
GPT Intelligent Alpha Atlas ETF 0.09%
IGTR Innovator Gradient Tactical Rotation Strategy ETF 0.46%
DEW WisdomTree Global High Dividend Fund 0.49%
DIVS Guinness Atkinson Dividend Builder ETF 0.51%
WDIV SPDR S&P Global Dividend ETF 0.66%

Analyzing the Weekly Flows

The channel pulled in a total net flow of $1,026 million this week. The Equity: Global Large Cap – Blend category was the dominant leader, attracting $599 million in new assets, bringing its total AUM to $134.5 billion. Equity: Global Large Cap – Growth also saw significant interest with $373 million in inflows, while the Equity: Global Small | Mid Cap category was the only segment to experience net redemptions, seeing a marginal outflow of $1 million.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Equity: Global Large Cap – Blend 66 $134.5B $599M $3,193M $8,469M $642M $18,403M
Equity: Global Large Cap – Growth 4 $9.3B $373M $516M $889M $373M $2,524M
Equity: Global Large Cap – Value 14 $7.6B $55M $89M $256M $54M ($282M)
Equity: Global Small | Mid Cap 8 $3.9B ($1M) $41M $35M ($1M) $970M

Top & Bottom 5 ETFs by 5-Day Flow

The Capital Group Global Growth Equity ETF (CGGO) was the top inflow gathering fund this week, pulling in $375 million. In contrast, the JPMorgan Global Select Equity ETF (JGLO) and the Tema Durable Quality ETF (TOLL) saw the largest outflows, with redemptions of $357 million and $5 million respectively.

Ticker Fund Name 5-Day Flow
Inflows
CGGO Capital Group Global Growth Equity ETF $375M
VT Vanguard Total World Stock ETF $354M
CGGE Capital Group Global Equity ETF $149M
CGDG Capital Group Dividend Growers ETF $130M
URTH iShares MSCI World ETF $94M
Outflows
JGLO JPMorgan Global Select Equity ETF ($357M)
TOLL Tema Durable Quality ETF ($5M)
TMFG Motley Fool Global Opportunities ETF ($3M)
WSGE Warren Street Global Equity ETF ($2M)
GEW Cambria Global EW ETF ($2M)

Issuer League Table Update

Vanguard and iShares remain the dominant forces in the channel, commanding market shares of 39.53% and 32.27% respectively. However, it was Capital Group that led the pack in weekly inflows, gathering $654 million. Among the top-tier brands, JPMorgan saw the most significant net redemptions, losing $357 million over the five-day period.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Vanguard 1 $61.40B 39.53%
iShares 11 $50.13B 32.27%
Capital Group 3 $14.69B 9.46%
JPMorgan 2 $6.88B 4.43%
Pacer 4 $2.80B 1.80%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
Capital Group $654M
Vanguard $354M
iShares $202M
Outflows
JPMorgan ($357M)
Tema ($5M)
Motley Fool ($3M)

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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.