Global Growth Stumbles as Vanguard’s VT Absorbs Weekly Flows

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Weekly Channel Summary

The Size & Style – Global channel closed the week with $201.96B in total AUM spread across 103 ETFs from 72 issuers. Weekly net flows were slightly negative at $-239M, a modest pullback against a much stronger longer-term trend. Year-to-date net inflows stand at $27,661M, while the trailing one-year figure reaches $36,978M, underscoring sustained investor commitment to global equity exposure despite the recent weekly dip.

This Week’s Performance Leaders and Laggards

Global Large Cap – Growth led all categories this week with a 1.62% gain, extending its already strong six-month (17.82%) and one-year (20.38%) returns despite a negative three-month stretch. Global Large Cap – Blend followed with a solid 0.93% weekly advance and the strongest breadth across 71 constituent funds. Global Small | Mid Cap lagged the group, falling 1.74% for the week and posting the weakest six-month (2.56%) and one-year (15.17%) returns among the four categories. Global Large Cap – Value also slipped 0.55% on the week, though it retains a respectable 11.46% year-to-date gain. Individual standouts included PTNT, up 3.08% for the week, while INFL declined 3.12%, the weakest performer in the channel.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Global Large Cap – Growth 1.62% -1.01% -3.63% 17.82% 15.75% 20.38%
Global Large Cap – Blend 0.93% -0.46% 3.95% 15.31% 13.61% 18.84%
Global Large Cap – Value -0.55% -3.28% 4.11% 5.70% 11.46% 17.25%
Global Small | Mid Cap -1.74% -5.67% 2.20% 2.56% 10.95% 15.17%

Top & Bottom 5 ETFs by Weekly Performance

Among top performers, PTNT paced the field with a 3.08% weekly gain, followed by EZRO at 2.66% and WRND at 2.44%. On the downside, INFL led decliners with a 3.12% loss, and SDIV fell 2.23%, reflecting weakness in income-oriented and thematic global strategies this week. These moves contrast with generally positive year-to-date category trends, suggesting short-term rotation rather than a broader reversal.

Ticker Fund Name WTD Performance
Top Performers
PTNT Corgi IP Licensing & Royalties ETF 3.08%
EZRO AlphaDroid Defensive Sector Rotation ETF 2.66%
WRND NYLIM Global Equity R&D Leaders ETF 2.44%
KNO AXS Knowledge Leaders ETF 2.05%
RGEF Rockefeller Global Equity ETF 2.05%
Bottom Performers
INFL Horizon Kinetics Inflation Beneficiaries ETF -3.12%
SDIV Global X Superdividend ETF -2.23%
HERD Pacer Cash Cows Fund of Funds ETF -1.22%
AZTD Aztlan Global Stock Selection DM SMID ETF -1.11%
DWLD Davis Select Worldwide ETF -1.03%

Analyzing the Weekly Flows

The channel recorded a net outflow of $239M for the week, a modest reversal against robust year-to-date inflows of $27,661M. Global Large Cap – Blend was the clear leader in weekly flows, gathering $330M and extending its dominant 90-day ($4,671M) and one-year ($32,617M) inflow trends. Global Large Cap – Growth saw the largest outflow at $518M for the week despite maintaining positive YTD ($2,496M) and one-year ($3,133M) totals, while Global Large Cap – Value also shed $45M and Global Small | Mid Cap saw a smaller $6M outflow. This divergence highlights a short-term rotation out of growth-oriented global exposure and into broad blend strategies.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Global Large Cap – Blend 71 $175.09B $330M $1,408M $4,671M $24,202M $32,617M
Global Small | Mid Cap 9 $4.10B -$6M $7M -$15M -$152M -$72M
Global Large Cap – Value 17 $10.14B -$45M $181M $404M $1,115M $1,301M
Global Large Cap – Growth 6 $12.63B -$518M $296M $754M $2,496M $3,133M

Top & Bottom 5 ETFs by 5-Day Flow

VT dominated weekly inflows with $291M, far outpacing the next closest gainers, CGGE at $28M and BDYN at $22M. On the outflow side, CGGO saw the largest redemption of the week at $517M, essentially offsetting VT’s gain, while DGT lost $75M. These flows illustrate a pronounced single-fund rotation dynamic within the channel this week rather than a broad-based directional shift.

Ticker Fund Name 5-Day Flow
Inflows
VT Vanguard Total World Stock ETF $291M
CGGE Capital Group Global Equity ETF $28M
BDYN iShares Dynamic Equity Active ETF $22M
WLDR Simplify Affinity World Leaders Equity ETF $22M
CGDG Capital Group Dividend Growers ETF $15M
Outflows
CGGO Capital Group Global Growth Equity ETF -$517M
DGT State Street SPDR Global Dow ETF -$75M
JGLO JPMorgan Global Select Equity ETF Global Select Equity ETF -$71M
AVTM Avantis Total Equity Markets ETF -$10M
BBHM BBH Select Mid Cap ETF -$7M

Issuer League Table Update

Vanguard remains the dominant issuer by market share at 40.78% ($82.36B AUM), followed by iShares at 30.34% ($61.27B), together commanding over 71% of the channel’s total assets despite Vanguard operating just a single fund. Vanguard also led weekly inflows with $291M, driven almost entirely by VT, while iShares added a further $36M across its 11-fund lineup. Capital Group experienced the largest weekly outflow among issuers at $473M, reflecting redemptions concentrated in CGGO, with SPDR and JPMorgan also posting smaller outflows of $75M and $71M respectively.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Vanguard 1 $82.36B 40.78%
iShares 11 $61.27B 30.34%
Capital Group 3 $20.90B 10.35%
JPMorgan 2 $6.43B 3.18%
Pacer 5 $3.63B 1.80%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
Vanguard $291M
iShares $36M
Simplify $22M
Outflows
Capital Group -$473M
SPDR -$75M
JPMorgan -$71M

For a deeper dive into these trends, access our FREE, in-depth Global 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.