Vanguard Sweeps Near $50B Inflow as iShares Bleeds Assets

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Weekly Channel Summary

The U.S. Size & Style ETF channel currently encompasses 982 ETFs across 278 issuers, managing a robust $8,065B in total Assets Under Management (AUM). Flow activity remained heavily positive, taking in $21.22B over the past week. This extends the channel’s strong growth trajectory, pushing Year-to-Date (YTD) net inflows to $302.68B and 1-Year trailing inflows to an impressive $697.44B.

This Week’s Performance Leaders and Laggards

Small Cap equities drove the strongest returns this week, with U.S. Small Cap – Growth leading the pack at 4.28%, followed closely by Small Cap Blend and Value. Conversely, Large Cap strategies lagged the broader market, with U.S. Large Cap – Growth anchoring the bottom at 1.12%. Looking at the broader timeframe, Small Cap Growth maintains a dominant YTD return of 18.35%, while Large Cap Value continues a steady YTD pace of 12.15%.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
U.S. Small Cap – Growth 4.28% 4.18% 19.53% 15.43% 18.35% 32.14%
U.S. Small Cap – Blend 3.79% 4.58% 16.01% 13.83% 16.53% 29.69%
U.S. Small Cap – Value 3.75% 5.35% 15.52% 15.84% 18.66% 33.35%
U.S. Mid Cap – Blend 2.81% 3.78% 13.37% 12.73% 14.02% 25.00%
U.S. Mid Cap – Value 2.81% 4.40% 11.85% 11.30% 13.18% 23.86%
U.S. Mid Cap – Growth 2.18% 3.66% 15.23% 11.37% 12.48% 20.06%
U.S. Large Cap – Value 1.83% 3.56% 9.72% 11.53% 12.15% 23.72%
U.S. Large Cap – Blend 1.15% 1.88% 10.57% 9.41% 9.38% 21.68%
U.S. Large Cap – Growth 1.12% 1.05% 14.88% 10.34% 9.87% 24.17%

Top & Bottom ETFs by Weekly Performance

Looking at specific products, ADPV (Adaptiv Select ETF) posted an impressive 6.98% gain to lead Large Caps, while ABOT (Abacus FCF Innovation Leaders ETF) slipped -3.07%. Mid Cap standouts were anchored by ASCE (Allspring SMID Core ETF) returning 6.70% versus JMID (Janus Henderson Mid Cap Growth Alpha ETF) which posted a muted 0.08%. Finally, Small Caps were paced by DWAS (Invesco Dorsey Wright SmallCap Momentum ETF) surging 6.47%, avoiding the slight relative drag of SCDV (Bahl & Gaynor Small Cap Dividend ETF) at 1.18%.

Ticker Fund Name WTD Performance
Top 5 Large Cap ETFs by WTD Performance
ADPV Adaptiv Select ETF 6.98%
AMOM QRAFT AI-Enhanced U.S. Large Cap Momentum ETF 5.91%
MTUM iShares MSCI USA Momentum Factor ETF 5.86%
FFTY CapForce IBD 50 ETF 5.81%
OPTZ Optimize Strategy Index ETF 5.77%
Bottom 5 Large Cap ETFs by WTD Performance
ABOT Abacus FCF Innovation Leaders ETF -3.07%
LSGR Natixis Loomis Sayles Focused Growth ETF -2.27%
QBIG Invesco Top QQQ ETF -2.21%
PCLG Polen Focus Growth ETF -1.95%
NITE Nightview Fund NITE -1.89%
Ticker Fund Name WTD Performance
Top 5 Mid Cap ETFs by WTD Performance
ASCE Allspring SMID Core ETF 6.70%
SMCP SMART Mid Cap ETF 5.75%
GLRY Inspire Growth ETF 4.96%
CSD Invesco S&P Spin-Off ETF 4.85%
TSME Thrivent Small-Mid Cap Equity ETF 4.77%
Bottom 5 Mid Cap ETFs by WTD Performance
JMID Janus Henderson Mid Cap Growth Alpha ETF 0.08%
NUMG Nuveen ESG Mid-Cap Growth ETF 0.12%
TMFM Motley Fool Mid-Cap Growth ETF 0.46%
MID.ETF American Century Mid Cap Growth Impact ETF 0.63%
QMID WisdomTree U.S. MidCap Quality Growth Fund 0.69%
Ticker Fund Name WTD Performance
Top 5 Small Cap ETFs by WTD Performance
DWAS Invesco Dorsey Wright SmallCap Momentum ETF 6.47%
AFSC abrdn Focused U.S. Small Cap Active ETF 5.73%
GSC Goldman Sachs Small Cap Equity ETF 5.69%
RZG Invesco S&P Smallcap 600 Pure Growth ETF 5.51%
TMFS Motley Fool Small-Cap Growth ETF 5.37%
Bottom 5 Small Cap ETFs by WTD Performance
SCDV Bahl & Gaynor Small Cap Dividend ETF 1.18%
OUSM ALPS O’Shares US Small-Cap Quality Dividend ETF 1.42%
CALF Pacer US Small Cap Cash Cows ETF 1.61%
FSGS First Trust SMID Growth Strength ETF 1.62%
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 1.75%

Analyzing the Weekly Flows

The channel experienced a solid $21.22B in net inflows over the past 5 days, maintaining positive momentum across all specific style boxes. U.S. Large Cap – Blend commanded the overwhelming majority of assets in motion, securing $16.29B to boost its total AUM to a massive $4,507.8B. U.S. Large Cap – Value was the next most significant destination for capital, drawing in $1.51B. While no categories experienced aggregate 5-day outflows, U.S. Mid Cap – Value saw the lightest activity, registering just $25M in positive net flow.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
U.S. Large Cap – Blend 369 $4,507.8B $16,288M $62,301M $164,218M $187,628M $434,852M
U.S. Large Cap – Value 201 $1,038.0B $1,511M $6,447M $19,779M $37,303M $85,279M
U.S. Small Cap – Blend 67 $371.4B $1,252M ($57M) $731M $1,077M $6,566M
U.S. Mid Cap – Blend 69 $424.9B $923M $5,147M $15,031M $21,334M $36,689M
U.S. Large Cap – Growth 162 $1,399.2B $581M $19,173M $44,468M $49,474M $121,297M
U.S. Small Cap – Value 37 $117.7B $446M $1,036M $3,106M $4,636M $5,389M
U.S. Mid Cap – Growth 26 $62.8B $107M $212M $459M $324M $3,692M
U.S. Small Cap – Growth 21 $57.5B $82M $377M $1,091M $195M $734M
U.S. Mid Cap – Value 24 $85.7B $25M $205M ($122M) $676M $2,903M

Top & Bottom ETFs by 5-Day Flow

Drilling down to individual ETFs, VOO commanded massive Large Cap inflows with $8,843M, while IVV suffered heavy redemptions at -$36,075M. In the Mid Cap segment, IJH secured the top spot with $216M in net assets versus IJJ which bled -$29M. Small Caps were led by robust flows into IWM at $940M, juxtaposed against NUSC yielding -$93M.

Ticker Fund Name 5-Day Flow
Top 5 Large Cap ETFs by 5-Day Flow
VOO Vanguard S&P 500 ETF $8,843M
SPY State Street SPDR S&P 500 ETF $1,161M
RSP Invesco S&P 500 Equal Weight ETF $948M
QQQM Invesco NASDAQ 100 ETF $839M
VTI Vanguard Total Stock Market ETF $718M
Bottom 5 Large Cap ETFs by 5-Day Flow
IVV iShares Core S&P 500 ETF -$36,075M
SPYM State Street SPDR Portfolio S&P 500 ETF -$7,564M
QQQ Invesco QQQ Trust Series I -$1,651M
QUAL iShares MSCI USA Quality Factor ETF -$545M
VONV Vanguard Russell 1000 Value ETF -$370M
Ticker Fund Name 5-Day Flow
Top 5 Mid Cap ETFs by 5-Day Flow
IJH iShares Core S&P Mid-Cap ETF $216M
VO Vanguard Mid-Cap ETF $131M
IWR iShares Russell Midcap ETF $129M
MDY State Street SPDR S&P MIDCAP 400 ETF $107M
VXF Vanguard Extended Market ETF $106M
Bottom 5 Mid Cap ETFs by 5-Day Flow
IJJ iShares S&P Mid-Cap 400 Value ETF -$29M
NBSM Neuberger Small-Mid Cap ETF -$27M
MSSM Morgan Stanley Pathway Small-Mid Cap Equity ETF -$23M
PRFZ Invesco RAFI US 1500 Small-Mid ETF -$7M
XMLV Invesco S&P MidCap Low Volatility ETF -$3M
Ticker Fund Name 5-Day Flow
Top 5 Small Cap ETFs by 5-Day Flow
IWM iShares Russell 2000 ETF $940M
ESML iShares ESG Aware MSCI USA Small-Cap ETF $355M
AVUV Avantis U.S. Small Cap Value ETF $277M
VBR Vanguard Small Cap Value ETF $114M
IWN iShares Russell 2000 Value ETF $75M
Bottom 5 Small Cap ETFs by 5-Day Flow
NUSC Nuveen ESG Small-Cap ETF -$93M
IJS iShares S&P Small-Cap 600 Value ETF -$53M
IJR iShares Core S&P Small Cap ETF -$44M
FNDA Schwab Fundamental U.S. Small Company ETF -$33M
VB Vanguard Small-Cap ETF -$20M

Issuer League Table Update

In the highly concentrated issuer space, Vanguard and iShares fiercely retain the top two spots, commanding 34.57% and 26.23% of the channel’s AUM respectively. Despite Vanguard’s stellar weekly inflow tally of $49,726M, iShares actually sustained the heaviest weekly outflows, dropping -$34,501M over the past 5 days in a striking divergence between the two heavyweights.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Vanguard 41 $2,787.84B 34.57%
iShares 82 $2,115.42B 26.23%
SPDR 28 $1,175.11B 14.57%
Invesco 68 $789.13B 9.78%
Schwab 12 $357.37B 4.43%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Top 3 Issuers
Vanguard $49,726M
SPDR $1,257M
Invesco $1,022M
Bottom 3 Issuers
iShares -$34,501M
Burney -$182M
WisdomTree -$118M

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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.