Weekly Channel Summary
The U.S. Size & Style ETF Channel concluded the week with $7.04 trillion in assets across 910 funds from 248 issuers. The channel attracted $4.29 billion in net inflows over the past 5 days, contributing to a year-to-date total of $457.14 billion and a trailing one-year haul of $563.48 billion.
This Week’s Performance Leaders and Laggards
U.S. Small Cap – Growth led the way this week, posting a robust 5.22% return, followed closely by U.S. Large Cap – Growth. The lagging category was U.S. Large Cap – Value, which returned 2.95%, though still positive. On a Year-to-Date basis, Large Cap Growth remains the dominant performer with a 17.50% return.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Small Cap – Growth | 5.22% | 1.36% | 3.86% | 15.53% | 9.90% | 0.53% |
| U.S. Large Cap – Growth | 4.72% | -1.79% | 5.89% | 15.91% | 17.50% | 15.34% |
| U.S. Mid Cap – Growth | 4.60% | -0.54% | 0.81% | 9.81% | 8.91% | 1.96% |
| U.S. Small Cap – Blend | 4.06% | 2.14% | 1.50% | 13.27% | 7.55% | -0.75% |
| U.S. Small Cap – Value | 3.95% | 3.14% | 1.05% | 15.17% | 5.58% | -2.06% |
| U.S. Mid Cap – Blend | 3.87% | 1.94% | 1.67% | 11.05% | 8.33% | 0.58% |
| U.S. Large Cap – Blend | 3.56% | 0.73% | 4.58% | 13.16% | 14.43% | 9.89% |
| U.S. Mid Cap – Value | 3.52% | 2.90% | 0.62% | 11.34% | 7.93% | -0.38% |
| U.S. Large Cap – Value | 2.95% | 2.51% | 3.33% | 11.78% | 12.92% | 5.80% |
Top & Bottom ETFs by Weekly Performance
The Pinnacle Focused Opportunities ETF (FCUS) led the Large Cap space with a standout 11.63% return, while the iShares Core High Dividend ETF (HDV) lagged at 1.19%. In Mid Caps, the Alger Mid Cap 40 ETF (FRTY) was the top performer, gaining 6.89%, whereas the Invesco S&P MidCap Low Volatility ETF (XMLV) brought up the rear. Among Small Caps, the First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) surged 7.09%, while the Invesco S&P SmallCap Low Volatility ETF (XSLV) posted the lowest return at 1.51%.
Large Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| FCUS | Pinnacle Focused Opportunities ETF | 11.63% |
| SGRT | SMART Earnings Growth 30 ETF | 10.68% |
| BUZZ | VanEck Social Sentiment ETF | 9.63% |
| ADPV | Adaptiv Select ETF | 8.51% |
| STRN | SMART Trend 25 ETF | 8.20% |
| Bottom Performers | ||
| HDV | iShares Core High Dividend ETF | 1.19% |
| EASY | Liberty One Defensive Dividend Growth ETF | 1.20% |
| HUSV | First Trust Horizon Managed Volatility Domestic ETF | 1.21% |
| GMMA | GammaRoad Market Navigation ETF | 1.28% |
| SPLV | Invesco S&P 500 Low Volatility ETF | 1.34% |
Mid Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| FRTY | Alger Mid Cap 40 ETF | 6.89% |
| IPO | Renaissance IPO ETF | 6.74% |
| PAMC | Pacer Lunt MidCap Multi-Factor Alternator ETF | 6.52% |
| FNY | First Trust Mid Cap Growth AlphaDEX Fund | 6.41% |
| ASCE | Allspring SMID Core ETF | 6.20% |
| Bottom Performers | ||
| XMLV | Invesco S&P MidCap Low Volatility ETF | 1.44% |
| HSMV | First Trust Horizon Managed Volatility Small/Mid ETF | 1.48% |
| FSCS | First Trust SMID Capital Strength ETF | 1.51% |
| SMIG | Bahl & Gaynor Small/Mid Cap Income Growth ETF | 1.67% |
| KMID | Virtus KAR Mid-Cap ETF | 2.07% |
Small Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| MMSC | First Trust Multi-Manager Small Cap Opportunities ETF | 7.09% |
| NIXT | Research Affiliates Deletions ETF | 6.64% |
| DWAS | Invesco Dorsey Wright SmallCap Momentum ETF | 6.64% |
| FYC | First Trust Small Cap Growth AlphaDEX Fund | 6.54% |
| VTWG | Vanguard Russell 2000 Growth ETF | 6.32% |
| Bottom Performers | ||
| XSLV | Invesco S&P SmallCap Low Volatility ETF | 1.51% |
| OUSM | ALPS O’Shares US Small-Cap Quality Dividend ETF | 1.79% |
| SMDV | ProShares Russell 2000 Dividend Growers ETF | 1.79% |
| OSCV | Opus Small Cap Value ETF | 1.97% |
| TXSS | Texas Capital Texas Small Cap Equity Index ETF | 2.11% |
Analyzing the Weekly Flows
The channel saw net inflows of $4.29 billion this week. U.S. Large Cap – Value ($886.2B AUM) led with $2.45 billion in new assets, followed by U.S. Small Cap – Blend with $2.06 billion. Conversely, U.S. Large Cap – Blend experienced the most significant pressure, shedding $1.28 billion.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Value | 190 | $886.2B | $2,452M | $13,057M | $25,689M | $59,301M | $75,253M |
| U.S. Small Cap – Blend | 60 | $320.5B | $2,055M | $3,514M | $5,270M | ($5,719M) | ($3,466M) |
| U.S. Mid Cap – Blend | 66 | $359.9B | $802M | $1,590M | $5,528M | $21,076M | $25,449M |
| U.S. Large Cap – Growth | 150 | $1,244.0B | $221M | $12,424M | $34,151M | $106,245M | $119,261M |
| U.S. Mid Cap – Value | 21 | $75.3B | $75M | $251M | $178M | $1,329M | $1,577M |
| U.S. Small Cap – Value | 34 | $96.1B | $36M | ($235M) | $146M | ($3,685M) | ($2,699M) |
| U.S. Small Cap – Growth | 18 | $50.2B | ($43M) | $105M | $342M | ($1,893M) | ($692M) |
| U.S. Mid Cap – Growth | 23 | $57.8B | ($61M) | ($124M) | $1,197M | $1,663M | $2,382M |
| U.S. Large Cap – Blend | 335 | $3,946.3B | ($1,280M) | $50,649M | $109,381M | $278,724M | $346,318M |
Top & Bottom ETFs by 5-Day Flow
The Vanguard S&P 500 ETF (VOO) dominated inflows this week with $4.32 billion, while the SPDR S&P 500 ETF Trust (SPY) saw the largest outflows at $6.33 billion. In the Mid Cap space, the SPDR S&P Midcap 400 ETF Trust (MDY) pulled in $192 million, contrasted by outflows from the Nuveen ESG Mid-Cap Growth ETF (NUMG). For Small Caps, the iShares Russell 2000 ETF (IWM) attracted $2.41 billion, while the Vanguard Small-Cap ETF (VB) faced outflows of $198 million.
Large Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VOO | Vanguard S&P 500 ETF | $4,323M |
| IVV | iShares Core S&P 500 ETF | $1,355M |
| IWF | iShares Russell 1000 Growth ETF | $1,288M |
| RSP | Invesco S&P 500 Equal Weight ETF | $1,267M |
| VTI | Vanguard Total Stock Market ETF | $832M |
| Outflows | ||
| SPY | SPDR S&P 500 ETF Trust | ($6,327M) |
| QUAL | iShares MSCI USA Quality Factor ETF | ($3,765M) |
| QQQ | Invesco QQQ Trust Series I | ($1,877M) |
| VLUE | iShares MSCI USA Value Factor ETF | ($619M) |
| IWB | iShares Russell 1000 ETF | ($331M) |
Mid Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| MDY | SPDR S&P Midcap 400 ETF Trust | $192M |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | $149M |
| VO | Vanguard Mid-Cap ETF | $146M |
| IWR | iShares Russell Midcap ETF | $86M |
| IJH | iShares Core S&P Mid-Cap ETF | $82M |
| Outflows | ||
| NUMG | Nuveen ESG Mid-Cap Growth ETF | ($60M) |
| NUMV | Nuveen ESG Mid-Cap Value ETF | ($60M) |
| JSMD | Janus Henderson Small/Mid Cap Growth Alpha ETF | ($24M) |
| XMHQ | Invesco S&P MidCap Quality ETF | ($13M) |
| BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | ($13M) |
Small Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IWM | iShares Russell 2000 ETF | $2,405M |
| FESM | Fidelity Enhanced Small Cap ETF | $63M |
| AVUV | Avantis U.S. Small Cap Value ETF | $52M |
| DFAS | Dimensional U.S. Small Cap ETF | $51M |
| RSSL | Global X Russell 2000 ETF | $40M |
| Outflows | ||
| VB | Vanguard Small-Cap ETF | ($198M) |
| NUSC | Nuveen ESG Small-Cap ETF | ($171M) |
| ESML | iShares ESG Aware MSCI USA Small-Cap ETF | ($121M) |
| IJR | iShares Core S&P Small Cap ETF | ($107M) |
| IWO | iShares Russell 2000 Growth ETF | ($63M) |
Issuer League Table Update
Vanguard and iShares maintain their dominance, controlling 34.25% and 27.41% of the market, respectively. Vanguard gathered the most assets this week with $6.40 billion in inflows, while SPDR saw the largest outflows among top issuers, shedding $5.04 billion.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,410.19B | 34.25% |
| iShares | 81 | $1,928.82B | 27.41% |
| SPDR | 30 | $1,024.14B | 14.55% |
| Invesco | 69 | $670.92B | 9.53% |
| Schwab | 12 | $305.48B | 4.34% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $6,398M |
| iShares | $1,759M |
| WisdomTree | $434M |
| Outflows | |
| SPDR | ($5,035M) |
| Nuveen | ($895M) |
| Xtrackers | ($164M) |
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.
