Weekly Channel Summary
The Global Ex-U.S. Size & Style channel, comprised of 319 ETFs from 90 issuers, finished the week with $1,465B in total assets under management. The channel experienced solid activity, gathering $3.64B in net inflows over the past 5 days. This positive momentum contributes to a robust year-to-date haul of $138.28B and a 1-year total of $153.99B, signaling sustained investor confidence in international equity exposure.
This Week’s Performance Leaders and Laggards
Performance across the channel was positive this week, with the Global Ex-U.S. Small | Mid Cap category leading the pack, posting a strong Week-to-Date (WTD) return of 4.23%. While all segments finished in the green, Emerging Large Cap was the relative laggard, returning 2.49%. On a Year-to-Date basis, the Global Ex-U.S. Small | Mid Cap category remains a standout, up 33.42%, closely trailing the Large Cap Value segment.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Global Ex-U.S. Small | Mid Cap | 4.23% | 2.01% | 3.93% | 14.77% | 33.42% | 30.81% |
| Global Ex-U.S. Large Cap – Growth | 3.65% | -0.56% | 3.55% | 7.22% | 21.36% | 18.00% |
| Global Ex-U.S. Large Cap – Blend | 3.08% | 0.63% | 4.48% | 10.42% | 27.53% | 24.29% |
| Emerging Small | Mid Cap | 3.03% | -1.07% | 0.58% | 10.95% | 15.95% | 14.27% |
| Global Ex-U.S. Large Cap – Value | 2.89% | 2.34% | 5.19% | 13.07% | 33.71% | 30.79% |
| Emerging Large Cap | 2.49% | -1.28% | 7.64% | 17.07% | 26.11% | 25.41% |
Individually, the GEME (Pacific North of South EM Equity Active ETF) was the standout performer in the Emerging Markets segment, while FPXI (First Trust International Equity Opportunities ETF) took top honors in the Global Ex-U.S. space. On the downside, EEMV and RNEM lagged significantly, posting the lowest weekly returns among reported funds.
Top & Bottom 5 Global Ex-U.S. ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| FPXI | First Trust International Equity Opportunities ETF | 5.80% |
| AADR | AdvisorShares Dorsey Wright ADR ETF | 5.53% |
| GRIN | VictoryShares International Free Cash Flow Growth ETF | 5.52% |
| PQNT | Pictet AI Enhanced International Equity ETF | 5.34% |
| SCHC | Schwab International Small-Cap Equity ETF | 5.32% |
| Bottom Performers | ||
| EFAV | iShares MSCI EAFE Min Vol Factor ETF | 1.13% |
| HDMV | First Trust Horizon Managed Volatility Developed Intl ETF | 1.46% |
| LVHI | Franklin International Low Volatility High Dividend Index ETF | 1.49% |
| DWMF | WisdomTree International Multifactor Fund | 1.65% |
| FICS | First Trust International Developed Capital Strength ETF | 1.85% |
Top & Bottom 5 Emerging Market ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| GEME | Pacific North of South EM Equity Active ETF | 4.52% |
| EFFE | Harbor Osmosis Emerging Markets Resource Efficient ETF | 4.28% |
| EMSF | Matthews Emerging Markets Sustainable Future Active ETF | 3.87% |
| PCEM | Polen Capital Emerging Markets ex China Growth ETF | 3.82% |
| FRDM | Freedom 100 Emerging Markets ETF | 3.79% |
| Bottom Performers | ||
| EEMV | iShares MSCI Emerging Markets Min Vol Factor ETF | 0.76% |
| RNEM | First Trust Emerging Markets Equity Select ETF | 0.90% |
| EELV | Invesco S&P Emerging Markets Low Volatility ETF | 0.95% |
| QLVE | FlexShares Emerging Markets Quality Low Volatility Index Fund | 1.14% |
| DVYE | iShares Emerging Markets Dividend ETF | 1.47% |
Analyzing the Weekly Flows
The channel attracted $3.64B in total net inflows this week, with broad participation across the board. The Global Ex-U.S. Large Cap – Blend category secured the most inflows, adding $1.9B to its $901.7B asset base. The Emerging Large Cap category also saw significant demand, gathering $1.39B. Notably, no single category experienced net outflows this week, underscoring the uniformly positive sentiment toward international equities.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Global Ex-U.S. Large Cap – Blend | 115 | $901.7B | $1,909M | $10,916M | $30,987M | $91,059M | $101,294M |
| Emerging Large Cap | 100 | $356.5B | $1,393M | $8,102M | $13,936M | $29,147M | $31,487M |
| Global Ex-U.S. Large Cap – Value | 51 | $110.7B | $195M | $1,115M | $2,440M | $15,599M | $17,220M |
| Global Ex-U.S. Large Cap – Growth | 27 | $36.2B | $71M | $205M | ($2,506M) | ($3,507M) | ($2,726M) |
| Global Ex-U.S. Small | Mid Cap | 19 | $56.6B | $69M | $2,048M | $3,655M | $6,448M | $7,302M |
| Emerging Small | Mid Cap | 6 | $3.1B | $0M | $23M | $24M | ($465M) | ($584M) |
In terms of individual products, IEMG (iShares Core MSCI Emerging Markets ETF) dominated Emerging Market flows, while VEA (Vanguard FTSE Developed Markets ETF) was the volume leader for the Global Ex-U.S. segment. Conversely, HDEF and XSOE saw the most significant redemptions for the week.
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 | $397M |
| SCHF | Schwab International Equity ETF | $231M |
| FENI | Fidelity Enhanced International ETF | $226M |
| IEFA | iShares Core MSCI EAFE ETF | $173M |
| IQLT | iShares MSCI Intl Quality Factor ETF | $150M |
| Outflows | ||
| HDEF | Xtrackers MSCI EAFE High Dividend Yield Equity ETF | ($97M) |
| QEFA | SPDR MSCI EAFE StrategicFactors ETF | ($31M) |
| DISV | Dimensional International Small Cap Value ETF | ($31M) |
| DIHP | Dimensional International High Profitability ETF | ($30M) |
| VSS | Vanguard FTSE All-World ex-US Small-Cap ETF | ($28M) |
Top & Bottom 5 Emerging Market ETFs by 5-Day Flow
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IEMG | iShares Core MSCI Emerging Markets ETF | $792M |
| AVEM | Avantis Emerging Markets Equity ETF | $253M |
| SPEM | SPDR Portfolio Emerging Markets ETF | $152M |
| VWO | Vanguard FTSE Emerging Markets ETF | $117M |
| EMEQ | Macquarie Focused Emerging Markets Equity ETF | $32M |
| Outflows | ||
| XSOE | WisdomTree Emerging Markets ex-State-Owned Enterprises Fund | ($60M) |
| EEMV | iShares MSCI Emerging Markets Min Vol Factor ETF | ($19M) |
| FTHF | First Trust Emerging Markets Human Flourishing ETF | ($5M) |
| EMM | Global X Emerging Markets ex-China ETF | $0M |
| AGEM | abrdn Emerging Markets Dividend Active ETF | $0M |
Issuer League Table Update
iShares and Vanguard continue to dominate the issuer landscape, holding 39.33% and 33.61% of the total assets, respectively. iShares also led the way in weekly flows, gathering $1,158M, while Xtrackers saw the largest net outflows of $91M for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 41 | $576.14B | 39.33% |
| Vanguard | 9 | $492.27B | 33.61% |
| Schwab | 7 | $100.70B | 6.88% |
| Dimensional | 15 | $78.17B | 5.34% |
| SPDR | 12 | $54.31B | 3.71% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $1,158M |
| Vanguard | $750M |
| Avantis | $440M |
| Outflows | |
| Xtrackers | ($91M) |
| WisdomTree | ($64M) |
| Hartford | ($9M) |
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.
