Weekly Channel Summary
The Global Ex-U.S. Size & Style channel, currently comprised of 319 ETFs across 90 issuers, manages a total of $1.42 Trillion in assets. The channel experienced robust activity this week, pulling in $4.03 Billion in net inflows. This strong weekly figure contributes to a Year-to-Date total of $134.64 Billion in net inflows, continuing a positive trend seen over the past year, which has accumulated $151.39 Billion in new assets.
This Week’s Performance Leaders and Laggards
Performance across the channel was generally negative this week. The Global Ex-U.S. Small | Mid Cap category held up the best, posting a Week-to-Date (WTD) return of -2.19%, while maintaining a strong Year-to-Date (YTD) return of 27.94%. Conversely, the Emerging Small | Mid Cap category lagged significantly, dropping -3.42% for the week, bringing its YTD return to 12.56%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Equity: Global Ex-U.S. Small | Mid Cap | -2.19% | -1.69% | 0.61% | 11.72% | 27.94% | 27.76% |
| Equity: Global Ex-U.S. Large Cap – Value | -2.46% | -0.02% | 1.89% | 28.68% | 30.04% | 28.68% |
| Equity: Global Ex-U.S. Large Cap – Blend | -2.79% | -2.15% | 1.28% | 7.37% | 23.53% | 22.35% |
| Equity: Emerging Large Cap | -3.21% | -2.24% | 5.06% | 21.81% | 23.06% | 21.81% |
| Equity: Global Ex-U.S. Large Cap – Growth | -3.34% | -4.09% | 0.22% | 3.87% | 17.13% | 16.44% |
| Equity: Emerging Small | Mid Cap | -3.42% | -3.13% | -1.19% | 11.71% | 12.56% | 11.71% |
This week, the RNEM (First Trust Emerging Markets Equity Select ETF) stood out as the top performer in the Emerging Markets segment. In the Global Ex-U.S. space, the LVHI (Franklin International Low Volatility High Dividend Index ETF) took the lead. On the downside, the IPOS (Renaissance International IPO ETF) and EMSF (Matthews Emerging Markets Sustainable Future Active ETF) were the worst performers overall, suffering notable weekly declines.
Top & Bottom 5 Global Ex-U.S. ETFs by Weekly Performance
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| LVHI | Franklin International Low Volatility High Dividend Index ETF | -0.93% |
| PID | Invesco International Dividend Achievers ETF | -1.01% |
| HSCZ | iShares Currency Hedged MSCI EAFE Small-Cap ETF | -1.05% |
| IDLV | Invesco S&P International Developed Low Volatility ETF | -1.18% |
| DDLS | WisdomTree Dynamic International SmallCap Equity Fund | -1.24% |
| Bottom Performers | ||
| IPOS | Renaissance International IPO ETF | -6.26% |
| FPXI | First Trust International Equity Opportunities ETF | -4.73% |
| GRIN | VictoryShares International Free Cash Flow Growth ETF | -4.39% |
| PJIO | PGIM Jennison International Opportunities ETF | -4.36% |
| IFV | First Trust Dorsey Wright International Focus 5 ETF | -4.19% |
Top & Bottom 5 Emerging Market ETFs by Weekly Performance
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| RNEM | First Trust Emerging Markets Equity Select ETF | -1.26% |
| EDOG | ALPS Emerging Sector Dividend Dogs ETF | -1.42% |
| XC | WisdomTree True Emerging Markets Fund | -1.57% |
| EELV | Invesco S&P Emerging Markets Low Volatility ETF | -1.63% |
| BCHI | GMO Beyond China ETF | -1.64% |
| Bottom Performers | ||
| EMSF | Matthews Emerging Markets Sustainable Future Active ETF | -5.57% |
| WCME | First Trust WCM Developing World Equity ETF | -4.96% |
| MEMS | Matthews Emerging Markets Discovery Active ETF | -4.63% |
| GEME | Pacific North of South EM Equity Active ETF | -4.59% |
| EFFE | Harbor Osmosis Emerging Markets Resource Efficient ETF | -4.37% |
Analyzing the Weekly Flows
The channel attracted a total of $4.03 Billion in net flows this week. The Global Ex-U.S. Large Cap – Blend category led the way, gathering $2.17 Billion in inflows on a substantial asset base of $872.7 Billion. The Emerging Large Cap category also saw significant inflows of $2.12 Billion. Meanwhile, the Global Ex-U.S. Large Cap – Value category experienced the largest outflows, shedding $317 Million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Global Ex-U.S. Large Cap – Blend | 115 | $872.7B | $2,171M | $11,803M | $30,522M | $89,150M | $99,988M |
| Emerging Large Cap | 100 | $351.1B | $2,116M | $7,170M | $12,597M | $27,754M | $30,220M |
| Global Ex-U.S. Small | Mid Cap | 19 | $54.5B | $125M | $3,164M | $3,702M | $6,378M | $7,263M |
| Emerging Small | Mid Cap | 6 | $3.1B | ($8M) | $27M | $18M | ($465M) | ($612M) |
| Global Ex-U.S. Large Cap – Growth | 27 | $35.0B | ($52M) | ($416M) | ($2,330M) | ($3,578M) | ($2,636M) |
| Global Ex-U.S. Large Cap – Value | 51 | $107.2B | ($317M) | $1,151M | $2,517M | $15,404M | $17,165M |
At the individual ETF level, the IEMG (iShares Core MSCI Emerging Markets ETF) was the dominant force in the Emerging Markets segment for inflows. In the Global Ex-U.S. segment, the VXUS (Vanguard Total International Stock ETF) led with the most significant new assets. Conversely, the EFV (iShares MSCI EAFE Value ETF) and DFIV (Dimensional International Value ETF) experienced the heaviest outflows overall this week.
Top & Bottom 5 Global Ex-U.S. ETFs by 5-Day Flow
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| VXUS | Vanguard Total International Stock ETF | $554M |
| VEU | Vanguard FTSE All-World ex-US Index Fund | $287M |
| SPDW | SPDR Portfolio Developed World ex-US ETF | $255M |
| VEA | Vanguard FTSE Developed Markets ETF | $221M |
| JIRE | JPMorgan International Research Enhanced Equity ETF | $209M |
| Outflows | ||
| EFV | iShares MSCI EAFE Value ETF | ($461M) |
| DFIV | Dimensional International Value ETF | ($91M) |
| EFG | iShares MSCI EAFE Growth ETF | ($89M) |
| CGXU | Capital Group International Focus Equity ETF | ($36M) |
| BIDD | iShares International Dividend Active ETF | ($33M) |
Top & Bottom 5 Emerging Market ETFs by 5-Day Flow
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| IEMG | iShares Core MSCI Emerging Markets ETF | $1,517M |
| AVEM | Avantis Emerging Markets Equity ETF | $252M |
| VWO | Vanguard FTSE Emerging Markets ETF | $174M |
| SPEM | SPDR Portfolio Emerging Markets ETF | $118M |
| EMEQ | Macquarie Focused Emerging Markets Equity ETF | $31M |
| Outflows | ||
| XSOE | WisdomTree Emerging Markets ex-State-Owned Enterprises Fund | ($46M) |
| EEMV | iShares MSCI Emerging Markets Min Vol Factor ETF | ($39M) |
| BBEM | JPMorgan BetaBuilders Emerging Markets Equity ETF | ($13M) |
| DGS | WisdomTree Emerging Markets SmallCap Dividend Fund | ($11M) |
| EEMO | Invesco S&P Emerging Markets Momentum ETF | ($2M) |
Issuer League Table Update
iShares and Vanguard continue to dominate the issuer landscape, holding 39.05% and 33.85% of the total market share, respectively. Vanguard gathered the most in weekly inflows with $1.28 Billion, while WisdomTree, a top-tier issuer, saw the largest outflows of $57 Million for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 41 | $555.90B | 39.05% |
| Vanguard | 9 | $481.91B | 33.85% |
| Schwab | 7 | $98.57B | 6.92% |
| Dimensional | 15 | $76.27B | 5.36% |
| SPDR | 12 | $53.02B | 3.72% |
Top & Bottom 3 Issuers by 5-Day Flow
| Inflows | |
| Brand | 5-Day Flow |
|---|---|
| Vanguard | $1,279M |
| iShares | $956M |
| Avantis | $425M |
| Outflows | |
| WisdomTree | ($57M) |
| Alpha Architect | ($4M) |
| New York Life Investments | ($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.
