Small-Caps Lead Gains in the $158B Global Channel

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Weekly Channel Summary

The Global Size & Style ETF channel currently manages $158 billion in total assets across 92 ETFs from 64 distinct brands. The channel experienced solid demand this past week, capturing $828 million in net new flows. This activity contributes to a year-to-date (YTD) flow total of $2.18 billion, while the trailing 12-month period shows a robust $22.62 billion in net inflows. Investor interest remains concentrated in diversified global exposures as the market navigates the opening weeks of 2026.

This Week’s Performance Leaders and Laggards

Performance across the channel was mixed this week, with smaller-cap names leading the charge. The Equity: Global Small | Mid Cap category was the standout performer, gaining 1.62% on a week-to-date (WTD) basis. Conversely, the Equity: Global Large Cap – Growth category struggled, finishing the week down -0.63%. Despite the weekly divergence, all major categories remain in positive territory for the year, with the Small | Mid Cap group leading YTD with a 5.50% return.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Equity: Global Small | Mid Cap 1.62% 6.12% 9.43% 25.03% 5.50% 15.03%
Equity: Global Large Cap – Value 0.85% 4.24% 8.04% 13.63% 3.28% 26.88%
Equity: Global Large Cap – Blend 0.13% 3.65% 5.62% 11.74% 2.65% 22.05%
Equity: Global Large Cap – Growth -0.63% 3.65% 2.24% 5.41% 2.06% 10.66%

Top & Bottom 5 ETFs by Weekly Performance

The Horizon Kinetics Inflation Beneficiaries ETF (INFL) dominated the leaderboard this week with a significant return of 4.86%. On the lagging end, the Tremblant Global ETF (TOGA) fell -3.74% and the Davis Select Worldwide ETF (DWLD) declined -2.15%, underperforming the broader global equity benchmark.

Ticker Fund Name WTD Performance
Top Performers
INFL Horizon Kinetics Inflation Beneficiaries ETF 4.86%
SDIV Global X Superdividend ETF 2.27%
DEW WisdomTree Global High Dividend Fund 1.67%
DIVS Guinness Atkinson Dividend Builder ETF 1.56%
BLES Inspire Global Hope ETF 1.53%
Bottom Performers
TOGA Tremblant Global ETF -3.74%
DWLD Davis Select Worldwide ETF -2.15%
PCGG Polen Capital Global Growth ETF -2.07%
CDIG City Different Investments Global Equity ETF -1.68%
GKAT Scharf Global Opportunity ETF -1.38%

Analyzing the Weekly Flows

The channel attracted $828 million in total net flows this week. The Equity: Global Large Cap – Blend category led all segments, absorbing $932 million in new capital, further solidifying its dominance with $137.0 billion in total AUM. The Equity: Global Large Cap – Value category also saw positive interest with $49 million in inflows. On the other hand, the Equity: Global Large Cap – Growth category faced the largest headwinds, reporting $147 million in net outflows for the week.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Equity: Global Large Cap – Blend 66 $137.0B $932M $3,982M $9,191M $1,862M $19,579M
Equity: Global Large Cap – Value 14 $7.8B $49M $126M $305M $103M ($237M)
Equity: Global Small | Mid Cap 8 $4.1B ($7M) $27M $24M ($8M) $954M
Equity: Global Large Cap – Growth 4 $9.3B ($147M) $335M $692M $227M $2,319M

Top & Bottom 5 ETFs by 5-Day Flow

The iShares MSCI ACWI ETF (ACWI) was the primary destination for new money this week, gathering $463 million in net inflows. In contrast, the Capital Group Global Growth Equity ETF (CGGO) saw the heaviest selling with $146 million in outflows, followed by a $19 million reduction in the iShares Global 100 ETF (100).

Ticker Fund Name 5-Day Flow
Inflows
ACWI iShares MSCI ACWI ETF $463M
VT Vanguard Total World Stock ETF $266M
CGDG Capital Group Dividend Growers ETF $52M
FEGE First Eagle Global Equity ETF $52M
CGGE Capital Group Global Equity ETF $47M
Outflows
CGGO Capital Group Global Growth Equity ETF ($146M)
100 iShares Global 100 ETF ($19M)
INFL Horizon Kinetics Inflation Beneficiaries ETF ($17M)
TOLL Tema Durable Quality ETF ($6M)
BINT Bluemonte Global Equity ETF ($4M)

Issuer League Table Update

Vanguard and iShares remain the dominant forces in the Global Size & Style landscape, combining for nearly 72% of total market share. iShares led all issuers in weekly inflows, generating $485 million in net new money, followed by Vanguard’s $266 million. On the other side of the ledger, top-tier issuer Capital Group experienced the largest outflows among major brands, shedding $47 million this week.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Vanguard 1 $62.56B 39.56%
iShares 11 $51.06B 32.29%
Capital Group 3 $14.87B 9.40%
JPMorgan 2 $6.93B 4.38%
Pacer 4 $2.86B 1.81%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
iShares $485M
Vanguard $266M
First Eagle $52M
Outflows
Capital Group ($47M)
Horizon Kinetics ($17M)
Tema ($6M)

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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.