Weekly Channel Summary
The U.S. Size & Style channel encompasses 990 ETFs from 279 issuers, with total assets under management standing at $8.44 trillion. This week, the channel experienced a massive net inflow of $26.16 billion, a significant acceleration of investor demand. This brings the year-to-date net flow to a robust $407.8 billion. Over the past year, the channel has attracted an impressive $757.2 billion in new capital.
This Week’s Performance Leaders and Laggards
A clear divergence between value and growth styles characterized the week’s performance. U.S. Small-Cap Value led all categories with a 1.19% gain, contributing to its strong 20.90% year-to-date return. Conversely, U.S. Large-Cap Growth was the weakest performer, declining by -3.52% for the week. This recent weakness has tempered its year-to-date performance, which now stands at 9.06%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Small Cap – Value | 1.19% | 4.17% | 7.12% | 13.45% | 20.90% | 31.47% |
| U.S. Mid Cap – Value | 0.92% | 3.66% | 5.73% | 10.29% | 16.00% | 23.30% |
| U.S. Large Cap – Value | 0.10% | 2.39% | 6.69% | 11.06% | 15.18% | 24.11% |
| U.S. Small Cap – Blend | -0.34% | 2.31% | 6.76% | 11.65% | 19.66% | 29.68% |
| U.S. Mid Cap – Blend | -0.62% | 0.89% | 4.43% | 8.34% | 13.97% | 19.12% |
| U.S. Large Cap – Blend | -1.45% | 0.70% | 4.96% | 7.94% | 9.72% | 19.51% |
| U.S. Small Cap – Growth | -1.96% | -0.01% | 5.18% | 9.58% | 17.77% | 26.05% |
| U.S. Mid Cap – Growth | -2.68% | -1.98% | 2.59% | 3.64% | 8.04% | 8.40% |
| U.S. Large Cap – Growth | -3.52% | -2.18% | 5.09% | 8.53% | 9.06% | 19.25% |
Top & Bottom 5 ETFs by Weekly Performance
Individual fund performance saw wide dispersion, highlighting specific thematic bets. The ETRACS IFED Invest with the Fed TR Index ETN (IFED) was the top-performing fund with a remarkable 8.55% weekly gain. At the opposite end of the spectrum, the Roundhill Meme Stock ETF (MEME) plummeted -16.87%, indicating a sharp turn away from more speculative retail-driven names. The Defiance Retail Kings ETF (RKNG) also struggled, posting a -12.73% loss.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| IFED | ETRACS IFED Invest with the Fed TR Index ETN due September 15, 2061 | 8.55% |
| WBIY | WBI Power Factor High Dividend ETF | 3.85% |
| XSHD | Invesco S&P SmallCap High Dividend Low Volatility ETF | 3.67% |
| PEY | Invesco High Yield Equity Dividend Achievers ETF | 3.59% |
| MYLD | Cambria Micro and SmallCap Shareholder Yield ETF | 3.28% |
| Bottom Performers | ||
| MEME | Roundhill Meme Stock ETF | -16.87% |
| RKNG | Defiance Retail Kings ETF | -12.73% |
| CNAV | Mohr Company Nav ETF | -9.78% |
| SGRT | SMART Earnings Growth 30 ETF | -9.05% |
| QQQA | ProShares Nasdaq-100 Dorsey Wright Momentum ETF | -8.96% |
Analyzing the Weekly Flows
Investors poured a substantial $26.2 billion into U.S. Size & Style ETFs this week, with the vast majority targeting large-cap exposures. The U.S. Large-Cap Blend category was the primary beneficiary, attracting an impressive $16.0 billion in net new assets. U.S. Large-Cap Growth funds also saw strong demand, pulling in $6.4 billion. In contrast, U.S. Small-Cap Blend was the only category to experience significant outflows, with investors withdrawing $507 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 373 | $4,722.82B | $16,003M | $53,202M | $178,785M | $258,439M | $472,269M |
| U.S. Large Cap – Growth | 168 | $1,446.47B | $6,439M | $4,744M | $37,758M | $57,640M | $120,186M |
| U.S. Large Cap – Value | 203 | $1,088.70B | $2,800M | -$1,888M | $24,094M | $52,043M | $96,833M |
| U.S. Mid Cap – Blend | 69 | $444.78B | $693M | -$9,821M | $12,782M | $25,938M | $39,139M |
| U.S. Small Cap – Value | 38 | $124.60B | $621M | -$644M | $4,123M | $6,070M | $7,660M |
| U.S. Mid Cap – Value | 25 | $89.76B | $149M | -$592M | $736M | $938M | $3,269M |
| U.S. Mid Cap – Growth | 26 | $64.57B | -$5M | -$2,176M | $838M | $827M | $3,881M |
| U.S. Small Cap – Growth | 21 | $60.83B | -$31M | -$1,515M | $2,196M | $1,316M | $1,706M |
| U.S. Small Cap – Blend | 67 | $393.37B | -$507M | -$5,939M | $3,072M | $4,595M | $12,234M |
Top & Bottom 5 ETFs by 5-Day Flow
Flows were heavily concentrated in the largest and most liquid large-cap ETFs. The State Street SPDR S&P 500 ETF (SPY) led the pack, gathering $7.6 billion in new assets, while the Invesco QQQ Trust Series I (QQQ) was a distant second with $4.8 billion. On the redemption side, the iShares Russell 2000 ETF (IWM) saw the largest net outflow of $776 million. The Invesco MSCI North America Climate ETF (KLMN) also saw notable withdrawals, shedding $391 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SPY | State Street SPDR S&P 500 ETF | $7,582M |
| QQQ | Invesco QQQ Trust Series I | $4,753M |
| VOO | Vanguard S&P 500 ETF | $2,668M |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | $2,331M |
| FTCS | First Trust Capital Strength ETF | $1,323M |
| Outflows | ||
| IWM | iShares Russell 2000 ETF | -$776M |
| KLMN | Invesco MSCI North America Climate ETF | -$391M |
| MTUM | iShares MSCI USA Momentum Factor ETF | -$367M |
| SCHX | Schwab U.S. Large-Cap ETF | -$364M |
| VLUE | iShares MSCI USA Value Factor ETF | -$334M |
Issuer League Table Update
The issuer landscape remains dominated by Vanguard and iShares, which command 33.88% and 26.92% of the channel’s market share, respectively. This week, SPDR was the top asset gatherer, bringing in a substantial $9.8 billion in net inflows, largely driven by its flagship S&P 500 fund. Invesco also had a strong week, attracting over $6.0 billion in new capital. SEI experienced the largest net outflows among issuers, with redemptions totaling $137 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,858.17B | 33.88% |
| iShares | 82 | $2,270.84B | 26.92% |
| SPDR | 28 | $1,221.31B | 14.48% |
| Invesco | 68 | $822.37B | 9.75% |
| Schwab | 11 | $373.33B | 4.43% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| SPDR | $9,825M |
| Invesco | $6,075M |
| Vanguard | $4,763M |
| Outflows | |
| SEI | -$137M |
| VanEck | -$90M |
| Principal | -$71M |
For a deeper dive into these trends, access our FREE, in-depth U.S. 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.
