Weekly Channel Summary
The U.S. Size & Style ETF channel encompasses 1,009 funds from 284 issuers, with total assets under management reaching $8.77 trillion. This week, the channel experienced a significant net inflow of $30.6 billion, a strong continuation of positive investor sentiment. Year-to-date, net flows have climbed to an impressive $455.6 billion. Over the past twelve months, the channel has attracted a total of $768.6 billion in new assets.
This Week’s Performance Leaders and Laggards
Mid-cap strategies led performance across the U.S. Size & Style landscape this week, with the U.S. Mid Cap – Growth category posting the strongest return at 1.96%. On a year-to-date basis, however, small-cap value funds maintain their lead with a 24.48% gain. At the other end of the spectrum for the week, U.S. Large Cap – Blend funds saw the most modest gains, advancing by 0.46%. Despite the slower week, this large-cap blend category is still up 14.61% year-to-date.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Mid Cap – Growth | 1.96% | 4.29% | 7.45% | 13.68% | 15.08% | 15.08% |
| U.S. Mid Cap – Blend | 1.46% | 4.28% | 8.29% | 12.38% | 19.35% | 23.65% |
| U.S. Small Cap – Growth | 1.27% | 3.59% | 7.26% | 17.16% | 23.40% | 30.49% |
| U.S. Mid Cap – Value | 1.21% | 4.28% | 9.58% | 10.13% | 20.00% | 25.27% |
| U.S. Small Cap – Blend | 1.14% | 3.68% | 9.11% | 15.09% | 24.03% | 31.91% |
| U.S. Small Cap – Value | 1.05% | 4.12% | 10.08% | 12.63% | 24.48% | 32.49% |
| U.S. Large Cap – Value | 1.01% | 4.63% | 8.82% | 11.57% | 20.07% | 27.33% |
| U.S. Large Cap – Growth | 0.66% | 2.06% | 1.64% | 18.95% | 14.69% | 21.44% |
| U.S. Large Cap – Blend | 0.46% | 3.35% | 4.59% | 14.17% | 14.61% | 21.68% |
Top & Bottom 5 ETFs by Weekly Performance
The Roundhill Meme Stock ETF (MEME) was the top-performing fund within the U.S. Size & Style channel, surging 8.61% for the week. This significant weekly gain highlights a pocket of high-conviction thematic investing within the broader market. Conversely, the ETRACS IFED Invest with the Fed TR Index ETN (IFED) experienced the largest decline. The exchange-traded note fell by 4.91%, marking it as the week’s biggest laggard.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| MEME | Roundhill Meme Stock ETF | 8.61% |
| FCUS | Pinnacle Focused Opportunities ETF | 7.63% |
| RKNG | Defiance Retail Kings ETF | 7.23% |
| SGRT | SMART Earnings Growth 30 ETF | 6.41% |
| AIUP | FINQ FIRST U.S. Large Cap AI-Managed Equity ETF | 5.73% |
| Bottom Performers | ||
| IFED | ETRACS IFED Invest with the Fed TR Index ETN due September 15, 2061 | -4.91% |
| BOUT | CapForce IBD Breakout Opportunities ETF | -3.71% |
| CCFE | Concourse Capital Focused Equity ETF | -2.11% |
| QBIG | Invesco Top QQQ ETF | -1.90% |
| JGRW | Jensen Quality Growth ETF | -1.39% |
Analyzing the Weekly Flows
Investors poured a substantial $30.6 billion into U.S. Size & Style ETFs over the past week, with large-cap funds capturing the vast majority of new assets. The U.S. Large Cap – Blend category was the clear leader, attracting a massive $19.7 billion in net inflows. U.S. Large Cap – Growth funds also saw strong demand, pulling in an additional $6.8 billion. In contrast, U.S. Mid Cap – Growth was the only category to experience net redemptions, though the outflow was minimal at just $34 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 382 | $4,904.96B | $19,743M | $36,192M | $157,293M | $284,394M | $472,281M |
| U.S. Large Cap – Growth | 174 | $1,514.34B | $6,791M | $14,119M | $32,453M | $69,958M | $122,605M |
| U.S. Large Cap – Value | 205 | $1,137.46B | $1,917M | $11,393M | $31,676M | $61,232M | $102,763M |
| U.S. Mid Cap – Blend | 68 | $461.88B | $825M | $436M | $9,613M | $25,959M | $38,573M |
| U.S. Small Cap – Blend | 68 | $403.14B | $770M | -$1,222M | $3,586M | $3,960M | $15,636M |
| U.S. Small Cap – Value | 39 | $129.10B | $581M | $1,947M | $3,640M | $7,580M | $8,815M |
| U.S. Small Cap – Growth | 21 | $62.94B | $14M | -$306M | $1,158M | $1,073M | $1,660M |
| U.S. Mid Cap – Value | 25 | $92.58B | $13M | $102M | $455M | $935M | $3,138M |
| U.S. Mid Cap – Growth | 27 | $67.85B | -$34M | -$299M | $287M | $514M | $3,148M |
Top & Bottom 5 ETFs by 5-Day Flow
The State Street SPDR S&P 500 ETF (SPY) dominated fund flows, single-handedly attracting $12.5 billion in new capital this week. This inflow accounted for over 40% of the entire channel’s net intake. On the other side of the ledger, the iShares Core S&P 500 ETF (IVV) saw the largest redemptions, with investors pulling $2.2 billion from the fund. The State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) also faced significant outflows, shedding just over $1.0 billion.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SPY | State Street SPDR S&P 500 ETF | $12,523M |
| QQQ | Invesco QQQ Trust Series I | $4,287M |
| VOO | Vanguard S&P 500 ETF | $2,891M |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | $1,616M |
| VTI | Vanguard Morningstar Total Stock Market ETF | $1,535M |
| Outflows | ||
| IVV | iShares Core S&P 500 ETF | -$2,174M |
| DIA | State Street SPDR Dow Jones Industrial Average ETF Trust | -$1,025M |
| VUG | Vanguard Morningstar Growth ETF | -$331M |
| IWY | iShares Russell Top 200 Growth ETF | -$247M |
| USMV | iShares MSCI USA Min Vol Factor ETF | -$212M |
Issuer League Table Update
Vanguard and iShares continue to command the U.S. Size & Style ETF market, holding 34.03% and 26.59% of total assets, respectively. In terms of weekly asset gathering, SPDR led all issuers by a wide margin, attracting nearly $13.3 billion in net new assets, largely driven by its flagship S&P 500 fund. Meanwhile, iShares registered the largest net outflow among issuers for the week. The firm saw modest net redemptions totaling $63 million across its product suite.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,985.48B | 34.03% |
| iShares | 83 | $2,332.78B | 26.59% |
| SPDR | 28 | $1,258.96B | 14.35% |
| Invesco | 68 | $862.65B | 9.83% |
| Schwab | 11 | $391.81B | 4.47% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| SPDR | $13,257M |
| Invesco | $6,605M |
| Vanguard | $5,155M |
| Outflows | |
| iShares | -$63M |
| VanEck | -$49M |
| Corgi | -$29M |
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.
