Weekly Channel Summary
The U.S. Size & Style ETF channel encompasses $8.68 trillion in assets under management across 1,009 funds from 284 different issuers. Investors poured a substantial $26.45 billion into the channel over the past week, contributing to a year-to-date total of $482.0 billion. Over the last twelve months, the channel has accumulated an impressive $788.0 billion in net new assets.
This Week’s Performance Leaders and Laggards
Value-oriented strategies demonstrated resilience in a broadly negative week for U.S. equities. The U.S. Large Cap – Value category was the best-performing group with a modest decline of just -0.27%. At the other end of the spectrum, U.S. Mid Cap – Growth funds saw the steepest losses, falling -2.65% for the week. Despite the weekly downturn, U.S. Small Cap – Value remains the top-performing category year-to-date, with a gain of 22.82%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Large Cap – Value | -0.27% | 3.87% | 8.17% | 10.87% | 19.81% | 27.03% |
| U.S. Small Cap – Value | -1.32% | 1.50% | 8.32% | 10.50% | 22.82% | 31.90% |
| U.S. Large Cap – Blend | -1.33% | 2.43% | 3.82% | 11.44% | 13.08% | 21.70% |
| U.S. Mid Cap – Value | -1.36% | 2.45% | 8.06% | 8.00% | 18.38% | 24.14% |
| U.S. Small Cap – Blend | -1.81% | 1.24% | 7.33% | 12.22% | 21.78% | 30.66% |
| U.S. Mid Cap – Blend | -1.98% | 2.35% | 6.62% | 9.04% | 16.99% | 21.87% |
| U.S. Large Cap – Growth | -2.24% | 1.12% | 0.39% | 14.67% | 12.11% | 21.91% |
| U.S. Small Cap – Growth | -2.26% | 1.48% | 5.60% | 13.45% | 20.60% | 28.59% |
| U.S. Mid Cap – Growth | -2.65% | 2.47% | 5.07% | 9.20% | 12.05% | 12.73% |
Top & Bottom 5 ETFs by Weekly Performance
Individual fund performance varied significantly across the channel this week. The ETRACS IFED Invest with the Fed TR Index ETN due September 15, 2061 (IFED) was a notable outlier, posting a strong gain of 6.69%. In contrast, the Defiance Retail Kings ETF (RKNG) faced the most significant headwinds, declining by -7.88%. The VictoryShares Free Cash Flow ETF (VFLO) also stood out with a positive return of 3.24%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| IFED | ETRACS IFED Invest with the Fed TR Index ETN due September 15, 2061 | 6.69% |
| VFLO | VictoryShares Free Cash Flow ETF | 3.24% |
| MDPL | Monarch Dividend Plus ETF | 2.91% |
| KEAT | Keating Active ETF | 2.75% |
| ABLD | Abacus FCF Real Assets Leaders ETF | 2.54% |
| Bottom Performers | ||
| RKNG | Defiance Retail Kings ETF | -7.88% |
| MEME | Roundhill Meme Stock ETF | -7.70% |
| FLDZ | TrueShares Patriot Defense ETF | -6.74% |
| FCUS | Pinnacle Focused Opportunities ETF | -5.48% |
| MFMO | Motley Fool Momentum Factor ETF | -5.22% |
Analyzing the Weekly Flows
Investors showed strong conviction in U.S. equities, adding a net $26.45 billion to the channel. Demand was heavily concentrated in U.S. Large Cap – Blend funds, which attracted an overwhelming $16.52 billion in new assets. U.S. Large Cap – Growth and Value categories also saw robust inflows of $4.15 billion and $3.36 billion, respectively. Every category within the Size & Style channel recorded positive net flows for the week, indicating broad-based buying activity.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 380 | $4,867.03B | $16,517M | $44,942M | $168,072M | $300,877M | $485,533M |
| U.S. Large Cap – Growth | 174 | $1,479.81B | $4,149M | $21,282M | $32,910M | $74,106M | $123,077M |
| U.S. Large Cap – Value | 205 | $1,138.20B | $3,357M | $13,014M | $31,848M | $64,583M | $106,626M |
| U.S. Mid Cap – Blend | 68 | $454.45B | $1,407M | $3,874M | $9,648M | $27,366M | $39,599M |
| U.S. Small Cap – Blend | 68 | $397.33B | $348M | $510M | $6,542M | $4,310M | $15,844M |
| U.S. Small Cap – Growth | 21 | $62.03B | $303M | $102M | $1,374M | $1,376M | $2,121M |
| U.S. Small Cap – Value | 39 | $127.59B | $219M | $1,724M | $3,509M | $7,799M | $9,206M |
| U.S. Mid Cap – Value | 25 | $91.45B | $139M | $132M | $562M | $1,074M | $2,851M |
| U.S. Mid Cap – Growth | 28 | $66.01B | $10M | -$109M | $322M | $523M | $3,097M |
Top & Bottom 5 ETFs by 5-Day Flow
The State Street SPDR S&P 500 ETF (SPY) was the clear favorite among investors, pulling in a massive $7.68 billion. The Vanguard S&P 500 ETF (VOO) also gathered significant assets, with $4.30 billion in net inflows. On the other side of the ledger, the iShares Core S&P 500 ETF (IVV) experienced the largest redemption, with outflows totaling $1.08 billion. The State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) followed with outflows of $641 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SPY | State Street SPDR S&P 500 ETF | $7,684M |
| VOO | Vanguard S&P 500 ETF | $4,296M |
| AVLV | Avantis U.S. Large Cap Value ETF | $2,397M |
| VTI | Vanguard Morningstar Total Stock Market ETF | $2,145M |
| QQQ | Invesco QQQ Trust Series I | $1,418M |
| Outflows | ||
| IVV | iShares Core S&P 500 ETF | -$1,075M |
| DIA | State Street SPDR Dow Jones Industrial Average ETF Trust | -$641M |
| SPHQ | Invesco S&P 500 Quality ETF | -$634M |
| VTV | Vanguard Morningstar Value ETF | -$446M |
| IWD | iShares Russell 1000 Value ETF | -$387M |
Note: the following fund(s) were excluded from the flow totals above because the weekly flow exceeds 75% of the fund’s AUM and may be the result of a custom rebalance: HDUS (-$100M).
Issuer League Table Update
Vanguard and iShares maintain their leadership positions in the channel, with market shares of 34.05% and 26.31%, respectively. SPDR led all issuers in asset gathering this week, attracting nearly $8.0 billion in net inflows, largely driven by its flagship S&P 500 fund. In a notable divergence, iShares was the only major issuer to experience significant net redemptions, with outflows exceeding $1.0 billion for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,957.19B | 34.05% |
| iShares | 82 | $2,285.11B | 26.31% |
| SPDR | 28 | $1,266.01B | 14.58% |
| Invesco | 68 | $843.72B | 9.72% |
| Schwab | 11 | $391.83B | 4.51% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| SPDR | $7,993M |
| Vanguard | $6,850M |
| Invesco | $2,866M |
| Outflows | |
| iShares | -$1,058M |
| WisdomTree | -$58M |
| Akre | -$57M |
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.
