Weekly Channel Summary
The U.S. Size & Style ETF Channel, comprising 898 ETFs from 246 issuers, closed the week with $6,930B in total AUM. The channel saw significant inflows, attracting $19.00B over the past week, bringing Year-to-Date (YTD) net flows to $432.09B and total 1-year flows to $562.61B.
This Week’s Performance Leaders and Laggards
This week, U.S. Large Cap Value was the top-performing category, posting a Week-to-Date (WTD) return of 0.45% and pushing its YTD return to 10.69%. On the other end of the spectrum, U.S. Mid Cap Growth was the primary laggard, dropping -1.82% WTD, though it remains positive for the year with a 5.94% YTD return.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Large Cap – Value | 0.45% | 0.57% | 2.83% | 10.14% | 10.69% | 6.61% |
| U.S. Large Cap – Blend | -0.01% | 0.32% | 3.07% | 11.51% | 12.17% | 9.92% |
| U.S. Small Cap – Value | -0.31% | -1.33% | 1.10% | 9.83% | 2.47% | -1.73% |
| U.S. Mid Cap – Value | -0.35% | -1.22% | 0.21% | 6.64% | 4.77% | 0.48% |
| U.S. Large Cap – Growth | -0.68% | -0.15% | 3.50% | 14.21% | 15.50% | 14.95% |
| U.S. Small Cap – Blend | -0.92% | -2.17% | 0.96% | 8.69% | 4.37% | -0.01% |
| U.S. Mid Cap – Blend | -1.01% | -1.56% | 0.58% | 6.84% | 5.25% | 1.41% |
| U.S. Small Cap – Growth | -1.58% | -3.15% | 2.28% | 10.82% | 6.11% | 1.23% |
| U.S. Mid Cap – Growth | -1.82% | -3.32% | -0.64% | 5.93% | 5.94% | 3.37% |
Top & Bottom ETFs by Weekly Performance
Across market caps, the Avantis Inflation Focused Equity ETF (AVIE) was the large-cap leader with a 2.47% gain, while the Innovator IBD 50 ETF (FFTY) lagged, falling -6.91%. In mid-caps, the Alger Weatherbie Enduring Growth ETF (AWEG) rose 2.08%, whereas the Alger Mid Cap 40 ETF (FRTY) was the worst performer, down -5.50%. For small-caps, the Invesco Dorsey Wright SmallCap Momentum ETF (DWAS) gained 1.11%, and the First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) was the bottom performer, dropping -3.33%.
Large Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| AVIE | Avantis Inflation Focused Equity ETF | 2.47% |
| HDV | iShares Core High Dividend ETF | 2.25% |
| DJD | Invesco Dow Jones Industrial Average Dividend ETF | 2.18% |
| UDI | USCF Dividend Income Fund | 2.02% |
| SCHD | Schwab US Dividend Equity ETF | 1.95% |
| Bottom Performers | ||
| PDP | Invesco Dorsey Wright Momentum ETF | -3.45% |
| FPX | First Trust US Equity Opportunities ETF | -3.48% |
| BUZZ | VanEck Social Sentiment ETF | -6.23% |
| FCUS | Pinnacle Focused Opportunities ETF | -6.61% |
| FFTY | Innovator IBD 50 ETF | -6.91% |
Mid Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| AWEG | Alger Weatherbie Enduring Growth ETF | 2.08% |
| RFV | Invesco S&P Midcap 400 Pure Value ETF | 0.18% |
| CCFE | Concourse Capital Focused Equity ETF | 0.18% |
| VOE | Vanguard Mid-Cap Value ETF | 0.16% |
| SMOT | VanEck Morningstar SMID Moat ETF | 0.14% |
| Bottom Performers | ||
| TSME | Thrivent Small-Mid Cap Equity ETF | -2.67% |
| FNY | First Trust Mid Cap Growth AlphaDEX Fund | -2.99% |
| CBSE | Clough Select Equity ETF | -3.04% |
| IPO | Renaissance IPO ETF | -4.65% |
| FRTY | Alger Mid Cap 40 ETF | -5.50% |
Small Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| DWAS | Invesco Dorsey Wright SmallCap Momentum ETF | 1.11% |
| FDM | First Trust Dow Jones Select MicroCap Index Fund | 0.76% |
| ABLS | Abacus FCF Small Cap Leaders ETF | 0.49% |
| SMMV | iShares MSCI USA Small-Cap Min Vol Factor ETF | 0.44% |
| SMLV | State Street SPDR US Small Cap Low Volatility Index ETF | 0.41% |
| Bottom Performers | ||
| ISCG | iShares Morningstar Small-Cap Growth ETF | -2.25% |
| VBK | Vanguard Small-Cap Growth ETF | -2.33% |
| IWO | iShares Russell 2000 Growth ETF | -2.76% |
| VTWG | Vanguard Russell 2000 Growth ETF | -2.76% |
| MMSC | First Trust Multi-Manager Small Cap Opportunities ETF | -3.33% |
Analyzing the Weekly Flows
The channel experienced strong positive net flows of $18,997M this week. U.S. Large Cap – Blend led the pack, pulling in $11,285M, adding to its dominant $3,888.1B AUM. U.S. Large Cap – Value also saw significant interest, with $3,424M in new assets. All categories saw inflows this week, with U.S. Mid Cap – Growth recording the smallest gain at $8M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 333 | $3,888.1B | $11,285M | $48,784M | $102,135M | $262,393M | $339,888M |
| U.S. Large Cap – Value | 190 | $869.2B | $3,424M | $7,040M | $19,012M | $51,164M | $72,445M |
| U.S. Large Cap – Growth | 151 | $1,233.4B | $1,916M | $24,574M | $37,828M | $107,104M | $123,388M |
| U.S. Small Cap – Blend | 60 | $311.8B | $1,469M | $3,654M | $6,526M | ($6,065M) | ($3,798M) |
| U.S. Mid Cap – Blend | 66 | $354.0B | $596M | $1,245M | $5,403M | $20,022M | $27,726M |
| U.S. Small Cap – Growth | 18 | $48.6B | $139M | $264M | $223M | ($1,771M) | ($307M) |
| U.S. Mid Cap – Value | 21 | $73.9B | $89M | ($168M) | $623M | $1,166M | $2,587M |
| U.S. Small Cap – Value | 34 | $93.6B | $72M | ($394M) | ($72M) | ($3,712M) | ($2,246M) |
| U.S. Mid Cap – Growth | 23 | $57.5B | $8M | $42M | $1,391M | $1,785M | $2,930M |
Top & Bottom ETFs by 5-Day Flow
At the fund level, the Vanguard S&P 500 ETF (VOO) was the clear large-cap winner, attracting $6,589M, while the SPDR S&P 500 ETF Trust (SPY) saw the largest outflow at -$1,712M. In mid-caps, the Vanguard Mid-Cap ETF (VO) led with $192M in inflows, and the SPDR S&P Midcap 400 ETF Trust (MDY) shed -$163M. The iShares Russell 2000 ETF (IWM) dominated small-cap inflows with $1,490M, while the iShares Core S&P Small Cap ETF (IJR) saw the most significant redemption at -$155M.
Large Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VOO | Vanguard S&P 500 ETF | $6,589M |
| IVV | iShares Core S&P 500 ETF | $3,588M |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | $1,369M |
| QQQ | Invesco QQQ Trust Series 1 | $1,230M |
| VTI | Vanguard Total Stock Market ETF | $589M |
| Outflows | ||
| COWZ | Pacer US Cash Cows 100 ETF | ($126M) |
| IVW | iShares S&P 500 Growth ETF | ($145M) |
| RSP | Invesco S&P 500 Equal Weight ETF | ($307M) |
| QQXT | First Trust Nasdaq-100 Ex-Technology Secto.. | ($613M) |
| SPY | SPDR S&P 500 ETF Trust | ($1,712M) |
Mid Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VO | Vanguard Mid-Cap ETF | $192M |
| IWR | iShares Russell Midcap ETF | $115M |
| SPMD | State Street SPDR Portfolio S&P 400 Mid.. | $114M |
| TSME | Thrivent Small-Mid Cap Equity ETF | $80M |
| XMMO | Invesco S&P MidCap Momentum ETF | $75M |
| Outflows | ||
| VOE | Vanguard Mid-Cap Value ETF | ($7M) |
| SMIG | Bahl & Gaynor Small/Mid Cap Income Growth.. | ($8M) |
| JHMM | John Hancock Multifactor Mid Cap ETF | ($10M) |
| IWP | iShares Russell Mid-Cap Growth ETF | ($13M) |
| MDY | SPDR S&P Midcap 400 ETF Trust | ($163M) |
Small Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IWM | iShares Russell 2000 ETF | $1,490M |
| AVUV | Avantis U.S. Small Cap Value ETF | $73M |
| VTWO | Vanguard Russell 2000 ETF | $56M |
| DFAS | Dimensional U.S. Small Cap ETF | $49M |
| IWO | iShares Russell 2000 Growth ETF | $49M |
| Outflows | ||
| SCHA | Schwab U.S. Small-Cap ETF | ($14M) |
| SPSM | State Street SPDR Portfolio S&P 600 Small Ca.. | ($29M) |
| VB | Vanguard Small-Cap ETF | ($38M) |
| IJS | iShares S&P Small-Cap 600 Value ETF | ($39M) |
| IJR | iShares Core S&P Small Cap ETF | ($155M) |
Issuer League Table Update
The issuer landscape remains concentrated, with Vanguard (34.06% market share) and iShares (27.48% market share) controlling the majority of assets. Vanguard also led in weekly fundraising, gathering $8,928M. Among top issuers, First Trust experienced the largest weekly outflows, seeing -$501M leave its funds.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 38 | $2,360.59B | 34.06% |
| iShares | 81 | $1,904.32B | 27.48% |
| SPDR | 30 | $1,014.65B | 14.64% |
| Invesco | 69 | $666.44B | 9.62% |
| Schwab | 12 | $300.78B | 4.34% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $8,928M |
| iShares | $6,735M |
| Invesco | $1,544M |
| Outflows | |
| Goldman Sachs | ($82M) |
| Pacer | ($171M) |
| First Trust | ($501M) |
For a deeper dive into these trends, access our FREE, in-depth 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.
