Weekly Channel Summary
The Global Ex-U.S. Size & Style ETF channel, encompassing 334 ETFs from 92 issuers and holding $1,778.2B in total Assets Under Management (AUM), saw positive momentum this week. Investors injected $4.37B in 5-day flows, extending the robust trend that has resulted in $109.02B in Year-to-Date (YTD) flows and $256.42B over the past 1-year period.
This Week’s Performance Leaders and Laggards
Emerging Small | Mid Cap ETFs led the channel this week, posting a robust 3.83% Week-to-Date (WTD) return, which bolsters their impressive 13.73% YTD performance. Conversely, the Global Ex-U.S. Large Cap – Value category lagged behind the rest of the pack, bringing in a WTD return of just 1.40%, though it still maintains a solid 10.64% YTD gain.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Emerging Small | Mid Cap | 3.83% | 8.38% | 9.72% | 15.08% | 13.73% | 39.66% |
| Emerging Large Cap | 3.26% | 7.26% | 9.05% | 19.15% | 14.68% | 50.77% |
| Global Ex-U.S. Large Cap – Growth | 3.00% | 7.16% | 3.38% | 10.53% | 8.05% | 31.88% |
| Global Ex-U.S. Small | Mid Cap | 2.48% | 6.89% | 6.66% | 17.19% | 11.17% | 44.71% |
| Global Ex-U.S. Large Cap – Blend | 2.24% | 5.86% | 4.97% | 13.18% | 8.85% | 34.75% |
| Global Ex-U.S. Large Cap – Value | 1.40% | 5.05% | 7.36% | 17.87% | 10.64% | 40.41% |
Drilling down into individual funds, the Nomura Focused Emerging Markets Equity ETF (EMEQ) was the standout in the Emerging Markets segment with a 5.71% WTD return. For the Global Ex-U.S. segment, the AB International Growth ETF (IGGY) took the top spot with a 5.53% gain. On the downside, the Franklin International Low Volatility High Dividend Index ETF (LVHI) and the Cambria Foreign Shareholder Yield ETF (FYLD) were the two worst-performing overall ETFs this week, returning -0.88% and -0.83%, respectively.
Top & Bottom 5 Global Ex-U.S. ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| IGGY | AB International Growth ETF | 5.53% |
| MOTI | VanEck Morningstar International Moat ETF | 5.22% |
| ASCI | Abrdn International Small Cap Active ETF | 4.80% |
| FPXI | First Trust International Equity Opportunities ETF | 4.79% |
| TXUG | Thornburg International Growth Fund ETF | 4.72% |
| Bottom Performers | ||
| LVHI | Franklin International Low Volatility High Dividend Index ETF | -0.88% |
| FYLD | Cambria Foreign Shareholder Yield ETF | -0.83% |
| IDVZ | Opal International Dividend Income ETF | -0.12% |
| ICOW | Pacer Developed Markets International Cash Cows 100 ETF | -0.04% |
| EFAV | iShares MSCI EAFE Min Vol Factor ETF | -0.03% |
Top & Bottom 5 Emerging Market ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| EMEQ | Nomura ETF Trust Nomura Focused Emerging Markets Equity ETF | 5.71% |
| EEMO | Invesco S&P Emerging Markets Momentum ETF | 5.70% |
| EQLT | iShares MSCI Emerging Markets Quality Factor ETF | 5.55% |
| MEMS | Matthews Emerging Markets Discovery Active ETF | 5.34% |
| EMSF | Matthews Emerging Markets Sustainable Future Active ETF | 4.84% |
| Bottom Performers | ||
| ECOW | Pacer Emerging Markets Cash Cows 100 ETF | 0.50% |
| SDEM | Global X MSCI SuperDividend Emerging Markets ETF | 0.59% |
| DVYE | iShares Emerging Markets Dividend ETF | 0.61% |
| EDOG | ALPS Emerging Sector Dividend Dogs ETF | 1.05% |
| EDIV | State Street SPDR S&P Emerging Markets Dividend ETF | 1.16% |
Analyzing the Weekly Flows
The channel generated an impressive $4,344M in total net inflows this week. The Global Ex-U.S. Large Cap – Blend category was the primary driver, attracting $2,482M and pushing its total AUM to $1,075.3B. The Emerging Large Cap category also saw significant interest with $982M in inflows. Conversely, the Emerging Small | Mid Cap category experienced a slight pullback, recording the only outflow for the week at -$28M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Global Ex-U.S. Large Cap – Blend | 123 | $1,075.3B | $2,482M | $12,152M | $47,397M | $54,117M | $144,966M |
| Emerging Large Cap | 102 | $445.5B | $982M | $2,122M | $25,454M | $34,255M | $66,801M |
| Global Ex-U.S. Small | Mid Cap | 20 | $69.2B | $413M | $1,093M | $3,335M | $3,820M | $11,165M |
| Global Ex-U.S. Large Cap – Value | 53 | $138.7B | $283M | $867M | $8,354M | $9,981M | $26,721M |
| Global Ex-U.S. Large Cap – Growth | 26 | $46.2B | $211M | $1,133M | $6,675M | $6,876M | $6,968M |
| Emerging Small | Mid Cap | 6 | $3.4B | -$28M | -$42M | -$72M | -$65M | -$231M |
On an individual fund basis, the Vanguard Total International Stock ETF (VXUS) dominated the Global Ex-U.S. segment with $854M in weekly inflows. In the Emerging Markets segment, the iShares MSCI Emerging Markets ex China ETF (EMXC) led the way with $513M in new capital. Leading the outflows across the channel were the State Street SPDR S&P Emerging Markets Small Cap ETF (EWX) and the Columbia International Equity Income ETF (INEQ), which shed -$28M and -$6M, respectively.
Top & Bottom 5 Global Ex-U.S. ETFs by 5-Day Flow
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VXUS | Vanguard Total International Stock ETF | $854M |
| AVDV | Avantis International Small Cap Value ETF | $347M |
| ACWX | iShares MSCI ACWI ex U.S. ETF | $260M |
| PIEQ | Principal International Equity ETF | $227M |
| BKIE | BNY Mellon International Equity ETF | $143M |
| Outflows | ||
| INEQ | Columbia International Equity Income ETF | -$6M |
| DEEF | Xtrackers FTSE Developed ex US Multifactor ETF | -$2M |
| IQSI | NYLI Candriam International Equity ETF | -$2M |
| PQNT | Pictet AI Enhanced International Equity ETF | -$1M |
| EAFG | Pacer Developed Markets Cash Cows Growth ETF | -$1M |
Top & Bottom 5 Emerging Market ETFs by 5-Day Flow
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| EMXC | iShares MSCI Emerging Markets ex China ETF | $513M |
| AVEM | Avantis Emerging Markets Equity ETF | $271M |
| CGNG | Capital Group New Geography Equity ETF | $35M |
| AGEM | abrdn Emerging Markets Dividend Active ETF | $34M |
| JHEM | John Hancock Multifactor Emerging Markets ETF | $29M |
| Outflows | ||
| EWX | State Street SPDR S&P Emerging Markets Small Cap ETF | -$28M |
| EMM | Global X Emerging Markets ex-China ETF | -$3M |
| SEEM | SEI Select Emerging Markets Equity ETF | $0M |
| EMC | Global X Emerging Markets Great Consumer ETF | $0M |
| AVEE | Avantis Emerging Markets Small Cap Equity ETF | $0M |
Issuer League Table Update
iShares and Vanguard continue to dominate the market share landscape, commanding 38.77% and 33.27% of the total category AUM, respectively. iShares also secured the largest share of new money this week, gathering $1,290M in positive flows. Among the top issuers experiencing net outflows, Columbia saw the largest weekly contraction, losing -$4M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 42 | $689.36B | 38.77% |
| Vanguard | 9 | $591.69B | 33.27% |
| Schwab | 7 | $118.79B | 6.68% |
| Dimensional | 15 | $97.62B | 5.49% |
| State Street | 12 | $64.01B | 3.60% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $1,290M |
| Vanguard | $899M |
| Avantis | $649M |
| Outflows | |
| Columbia | -$4M |
| Xtrackers | -$2M |
| Pictet | -$1M |
For a deeper dive into these trends, access our FREE, in-depth Global Ex-U.S. 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.
