Weekly Channel Summary
The U.S. Size & Style channel, encompassing 1019 ETFs from 287 issuers, holds over $8.63 trillion in assets under management. Despite a strong year for inflows, the channel experienced net redemptions of over $3.0 billion this week. Year-to-date flows remain robust at $482.5 billion, contributing to a one-year total of more than $773.0 billion in net new assets.
This Week’s Performance Leaders and Laggards
Small-cap value strategies led performance this week, with the U.S. Small Cap – Value category gaining 0.51%. This group has been a strong performer throughout the year, posting a 22.57% gain year-to-date. Conversely, mid-cap growth funds lagged, as the U.S. Mid Cap – Growth category fell by -0.70% for the week. The category remains positive on the year, but its 9.81% year-to-date return is the lowest among all U.S. size and style segments.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Small Cap – Value | 0.51% | -1.37% | 5.31% | 12.46% | 22.57% | 25.54% |
| U.S. Large Cap – Growth | 0.29% | -0.65% | -1.60% | 15.79% | 13.06% | 20.06% |
| U.S. Mid Cap – Value | 0.22% | -1.05% | 5.27% | 9.40% | 17.86% | 20.19% |
| U.S. Large Cap – Blend | 0.06% | -0.18% | 2.16% | 12.64% | 13.59% | 19.72% |
| U.S. Large Cap – Value | -0.02% | 0.74% | 5.64% | 11.62% | 19.60% | 24.95% |
| U.S. Small Cap – Blend | -0.04% | -2.37% | 2.72% | 12.20% | 20.20% | 23.83% |
| U.S. Mid Cap – Blend | -0.04% | -1.48% | 1.80% | 9.02% | 15.67% | 17.14% |
| U.S. Small Cap – Growth | -0.45% | -3.10% | -0.38% | 11.37% | 17.79% | 21.15% |
| U.S. Mid Cap – Growth | -0.70% | -2.29% | -1.67% | 7.21% | 9.81% | 7.70% |
Top & Bottom 5 ETFs by Weekly Performance
The top-performing fund was the ETRACS IFED Invest with the Fed TR Index ETN (IFED), which surged 9.94% over the week. Other thematic funds focusing on meme stocks and social sentiment also posted strong gains. On the other side of the ledger, the Motley Fool Mid-Cap Growth ETF (TMFM) was the worst performer, declining -4.96%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| IFED | ETRACS IFED Invest with the Fed TR Index ETN due September 15, 2061 | 9.94% |
| MEME | Roundhill Meme Stock ETF | 7.38% |
| RKNG | Defiance Retail Kings ETF | 4.54% |
| SGRT | SMART Earnings Growth 30 ETF | 3.72% |
| BUZZ | VanEck Social Sentiment ETF | 3.58% |
| Bottom Performers | ||
| TMFM | Motley Fool Mid-Cap Growth ETF | -4.96% |
| QQQA | ProShares Nasdaq-100 Dorsey Wright Momentum ETF | -3.88% |
| AKRE | Akre Focus ETF | -3.72% |
| FLDZ | TrueShares Patriot Defense ETF | -3.24% |
| BCSM | Baron SMID Cap ETF | -3.10% |
Analyzing the Weekly Flows
Despite overall channel outflows, investors showed a clear preference for value-oriented strategies this week. The U.S. Large Cap – Value category was the standout, attracting nearly $2.4 billion in new assets. U.S. Mid Cap – Blend and U.S. Small Cap – Value also saw healthy inflows. In contrast, blend and growth categories saw significant redemptions, led by U.S. Large Cap – Blend, which shed over $4.4 billion.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Value | 206 | $1,138.12B | $2,374M | $12,735M | $36,589M | $70,795M | $109,393M |
| U.S. Mid Cap – Blend | 70 | $447.36B | $650M | $3,507M | $9,826M | $29,449M | $40,889M |
| U.S. Small Cap – Value | 40 | $126.62B | $389M | $1,547M | $3,701M | $8,198M | $9,599M |
| U.S. Mid Cap – Value | 26 | $90.79B | $158M | $399M | $505M | $1,237M | $2,823M |
| U.S. Mid Cap – Growth | 29 | $63.68B | -$13M | -$241M | $30M | $214M | $2,860M |
| U.S. Small Cap – Growth | 22 | $60.23B | -$141M | $530M | $1,468M | $1,606M | $2,357M |
| U.S. Small Cap – Blend | 69 | $389.21B | -$773M | $1,707M | $4,578M | $4,883M | $15,375M |
| U.S. Large Cap – Growth | 174 | $1,477.44B | -$1,262M | $17,339M | $26,609M | $72,489M | $121,978M |
| U.S. Large Cap – Blend | 383 | $4,840.59B | -$4,436M | $22,417M | $127,265M | $293,662M | $467,767M |
Top & Bottom 5 ETFs by 5-Day Flow
A massive reallocation among S&P 500 funds defined the week’s flow story, resulting in a net outflow for the channel. The Vanguard S&P 500 ETF (VOO) absorbed an impressive $16.2 billion in new assets. This was more than offset by historic redemptions from the iShares Core S&P 500 ETF (IVV), which lost $17.1 billion, and the State Street SPDR S&P 500 ETF (SPY), which saw outflows of $3.4 billion.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VOO | Vanguard S&P 500 ETF | $16,195M |
| VTI | Vanguard Morningstar Total Stock Market ETF | $860M |
| SCHD | Schwab US Dividend Equity ETF | $638M |
| DIA | State Street SPDR Dow Jones Industrial Average ETF Trust | $508M |
| RSP | Invesco S&P 500 Equal Weight ETF | $421M |
| Outflows | ||
| IVV | iShares Core S&P 500 ETF | -$17,066M |
| SPY | State Street SPDR S&P 500 ETF | -$3,392M |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | -$2,758M |
| QQQ | Invesco QQQ Trust Series I | -$2,111M |
| IWM | iShares Russell 2000 ETF | -$810M |
Issuer League Table Update
Vanguard and iShares continue to dominate the U.S. Size & Style channel, commanding 34.21% and 26.18% of the market share, respectively. This week’s flows were a tale of two giants, with Vanguard leading all issuers by collecting over $18.4 billion, primarily driven by its flagship S&P 500 fund. Conversely, iShares experienced the largest outflows, shedding more than $18.0 billion as investors rotated out of its core S&P 500 offering.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,953.86B | 34.21% |
| iShares | 82 | $2,260.05B | 26.18% |
| SPDR | 28 | $1,244.42B | 14.41% |
| Invesco | 68 | $844.05B | 9.78% |
| Schwab | 11 | $391.18B | 4.53% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $18,406M |
| Schwab | $924M |
| Dimensional | $736M |
| Outflows | |
| iShares | -$18,067M |
| SPDR | -$5,969M |
| Invesco | -$992M |
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.
