Weekly Channel Summary
The Global Ex-U.S. Size & Style ETF channel currently manages a massive $1,518 billion in total assets across 326 ETFs from 92 unique issuers. The past week saw robust activity with $2.72 billion in net inflows, contributing to a year-to-date total of $0.78 billion. This momentum continues a long-term trend, as the channel has gathered a staggering $172.51 billion in inflows over the past year. Market dominance remains concentrated, with the top two categories—Global Ex-U.S. Large Cap Blend and Emerging Large Cap—accounting for nearly 86% of the channel’s total AUM.
This Week’s Performance Leaders and Laggards
Emerging Markets stole the spotlight this week, with the Emerging Large Cap category leading all segments with a strong 1.90% return. On the other end of the spectrum, the Global Ex-U.S. Small | Mid Cap category was the primary laggard, returning 0.43%. Despite the weekly variance, all categories remain in positive territory for the year, with Emerging Large Cap also holding the top YTD spot at 1.58%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Equity: Emerging Large Cap | 1.90% | 3.80% | 5.59% | 14.67% | 1.58% | 31.64% |
| Equity: Emerging Small | Mid Cap | 0.74% | 1.35% | -0.04% | 5.96% | 0.71% | 17.78% |
| Equity: Global Ex-U.S. Large Cap – Value | 0.67% | 3.85% | 7.07% | 13.74% | 0.75% | 39.20% |
| Equity: Global Ex-U.S. Large Cap – Blend | 0.63% | 3.65% | 4.49% | 10.63% | 0.87% | 31.97% |
| Equity: Global Ex-U.S. Large Cap Growth | 0.50% | 3.40% | 1.94% | 7.73% | 0.98% | 25.09% |
| Equity: Global Ex-U.S. Small | Mid Cap | 0.43% | 3.58% | 4.75% | 12.63% | 0.53% | 37.43% |
In the Global Ex-U.S. segments, the Pacer Nasdaq International Patent Leaders ETF (PATN) stood out as a top performer with a 2.08% return. Within Emerging Markets, the Nomura Focused Emerging Markets Equity ETF (EMEQ) led the way, surging 5.38% for the week. Conversely, the First Trust International Equity Opportunities ETF (FPXI) and the Renaissance International IPO ETF (IPOS) were the primary laggards, falling -1.18% and -1.09%, 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 | 2.08% |
| PIEQ | Principal International Equity ETF | 1.88% |
| UMMA | Wahed Dow Jones Islamic World ETF | 1.86% |
| EPIN | Harbor International Equity ETF | 1.80% |
| DINT | Davis Select International ETF | 1.59% |
| Bottom Performers | ||
| FPXI | First Trust International Equity Opportunities ETF | -1.18% |
| IPOS | Renaissance International IPO ETF | -1.09% |
| FICS | First Trust International Developed Capital Strength ETF | -0.56% |
| ITOL | Tema International Durable Quality ETF | -0.54% |
| GRIN | VictoryShares International Free Cash Flow Growth ETF | -0.39% |
Top & Bottom 5 Emerging Market ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| EMEQ | Nomura Focused Emerging Markets Equity ETF | 5.38% |
| EMM | Global X Emerging Markets ex-China ETF | 3.62% |
| EMC | Global X Emerging Markets Great Consumer ETF | 3.36% |
| OAEM | OneAscent Enhanced Small and Mid Cap ETF | 3.20% |
| EPEM | Harbor Emerging Markets Equity ETF | 3.20% |
| Bottom Performers | ||
| PIE | Invesco Dorsey Wright Emerging Markets Momentum ETF | -0.60% |
| EDOG | ALPS Emerging Sector Dividend Dogs ETF | -0.49% |
| EDIV | SPDR S&P Emerging Markets Dividend ETF | -0.12% |
| EMDV | ProShares MSCI Emerging Markets Dividend Growers ETF | -0.07% |
| EELV | Invesco S&P Emerging Markets Low Volatility ETF | 0.01% |
Analyzing the Weekly Flows
The channel experienced a healthy week of fundraising, pulling in a total of $2,722 million in net new flows. The Global Ex-U.S. Large Cap – Blend category was the standout leader, securing $1,661 million in weekly inflows and reinforcing its position as the largest category with $937.2 billion in AUM. Emerging Large Cap also saw significant interest with $662 million in inflows, while the Emerging Small | Mid Cap segment was the only category to face net redemptions, losing -$11 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Global Ex-U.S. Large Cap – Blend | 120 | $937.2B | $1,661M | $20,060M | $40,029M | $184M | $112,570M |
| Emerging Large Cap | 100 | $365.3B | $662M | $7,584M | $16,240M | $447M | $36,848M |
| Global Ex-U.S. Large Cap – Value | 52 | $116.2B | $216M | $2,648M | $4,529M | $138M | $18,410M |
| Global Ex-U.S. Large Cap – Growth | 27 | $37.1B | $158M | $670M | $906M | $11M | ($2,903M) |
| Global Ex-U.S. Small | Mid Cap | 19 | $59.3B | $37M | $1,521M | $4,745M | $1M | $8,078M |
| Emerging Small | Mid Cap | 6 | $3.1B | ($11M) | ($33M) | ($9M) | $0M | ($498M) |
Individual fund activity was led by the Vanguard FTSE Developed Markets ETF (VEA), which attracted $604 million in Global Ex-U.S. flows, while the iShares Core MSCI Emerging Markets ETF (IEMG) led Emerging Markets with $323 million. Conversely, the iShares ESG Aware MSCI EM ETF (ESGE) and the WisdomTree Emerging Markets SmallCap Dividend Fund (DGS) saw the largest overall outflows, losing -$18 million and -$11 million, 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 | $604M |
| VXUS | Vanguard Total International Stock ETF | $561M |
| EFA | iShares MSCI EAFE ETF | $231M |
| VYMI | Vanguard International High Dividend Yield ETF | $100M |
| IDEV | iShares Core MSCI International Developed Markets ETF | $87M |
| Outflows | ||
| GSID | Marketbeta INTL Equity ETF | ($7M) |
| BINV | Brandes International ETF | ($4M) |
| ISCF | iShares International SmallCap Equity Factor ETF | ($4M) |
| AVNV | Avantis All International Markets Value ETF | ($2M) |
| DINT | Davis Select International ETF | $0M |
Top & Bottom 5 Emerging Market ETFs by 5-Day Flow
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IEMG | iShares Core MSCI Emerging Markets ETF | $323M |
| AVEM | Avantis Emerging Markets Equity ETF | $104M |
| VWO | Vanguard FTSE Emerging Markets ETF | $70M |
| FRDM | Freedom 100 Emerging Markets ETF | $38M |
| DFEM | Dimensional Emerging Markets Core Equity 2 ETF | $26M |
| Outflows | ||
| ESGE | iShares ESG Aware MSCI EM ETF | ($18M) |
| DGS | WisdomTree Emerging Markets SmallCap Dividend Fund | ($11M) |
| EDOG | ALPS Emerging Sector Dividend Dogs ETF | ($2M) |
| EMC | Global X Emerging Markets Great Consumer ETF | $0M |
| KEMX | KraneShares MSCI Emerging Markets EX China ETF | $0M |
Issuer League Table Update
The competitive landscape remains dominated by iShares and Vanguard, who together control over 72% of the channel’s market share. Vanguard was the clear leader in weekly fundraising, gathering $1,399 million in net inflows. In contrast, WisdomTree saw the largest outflows among the top issuers, with redemptions totaling -$4 million for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 41 | $591.01B | 38.93% |
| Vanguard | 9 | $513.32B | 33.81% |
| Schwab | 7 | $104.41B | 6.88% |
| Dimensional | 15 | $82.39B | 5.43% |
| SPDR | 12 | $55.81B | 3.68% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $1,399M |
| iShares | $685M |
| Avantis | $166M |
| Outflows | |
| Goldman Sachs | ($7M) |
| Brandes | ($4M) |
| WisdomTree | ($4M) |
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.
