Weekly Channel Summary
The U.S. Size & Style ETF channel, encompassing 958 ETFs across 271 distinct issuers, currently manages $7,018B in total assets under management (AUM). Over the past week, the segment experienced notable net outflows totaling $31.91B. Despite this short-term headwind, the channel maintains positive momentum over longer time horizons, having amassed $81.68B in net inflows year-to-date and an impressive $529.31B over the trailing 1-year period.
This Week’s Performance Leaders and Laggards
Value strategies demonstrated resilience this week, with U.S. Small Cap – Value leading the pack, posting a Week-to-Date (WTD) return of 1.84% and pushing its YTD return to 3.27%. U.S. Mid Cap – Value followed closely with a 1.21% WTD gain. Conversely, growth strategies faced significant pressure. U.S. Large Cap – Growth was the primary laggard, declining 3.04% for the week and dropping to -9.36% YTD, reflecting a broader pullback in large-cap momentum names.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Small Cap – Value | 1.84% | -4.76% | 1.58% | 4.83% | 3.27% | 17.59% |
| U.S. Mid Cap – Value | 1.21% | -6.76% | -0.74% | 1.91% | 0.84% | 12.70% |
| U.S. Small Cap – Blend | 0.70% | -6.32% | -2.34% | 0.66% | -0.33% | 14.18% |
| U.S. Large Cap – Value | 0.19% | -5.80% | -0.10% | 3.87% | 0.95% | 12.93% |
| U.S. Mid Cap – Blend | 0.19% | -7.33% | -2.56% | 0.66% | -0.76% | 12.23% |
| U.S. Small Cap – Growth | -0.06% | -7.63% | -4.52% | -0.65% | -1.98% | 15.55% |
| U.S. Large Cap – Blend | -1.47% | -7.17% | -5.76% | -2.20% | -4.58% | 11.29% |
| U.S. Mid Cap – Growth | -1.53% | -8.36% | -6.92% | -6.63% | -5.08% | 9.68% |
| U.S. Large Cap – Growth | -3.04% | -8.11% | -10.82% | -7.64% | -9.36% | 12.52% |
Top & Bottom ETFs by Weekly Performance
Drilling down into individual funds, the First Trust Bloomberg Inflation Sensitive Equity ETF (FTIF) was the outright leader in the Large Cap space, gaining 4.67%. In Mid Cap, the Invesco S&P Midcap 400 Pure Value ETF (RFV) shined with a 2.88% advance, while the Invesco S&P SmallCap Value with Momentum ETF (XSVM) topped Small Caps, adding 3.03%. On the downside, the Roundhill Meme Stock ETF (MEME) fell sharply by 7.45%, the Baron SMID Cap ETF (BCSM) lost 4.91%, and the Motley Fool Small-Cap Growth ETF (TMFS) retreated 1.70%, anchoring the bottom of their respective size tiers.
Large Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| FTIF | First Trust Bloomberg Inflation Sensitive Equity ETF | 4.67% |
| TEXX | Horizon Kinetics Texas ETF | 3.56% |
| ABLD | Abacus FCF Real Assets Leaders ETF | 3.30% |
| ECML | Euclidean Fundamental Value ETF | 3.03% |
| SYLD | Cambria Shareholder Yield ETF | 2.96% |
| Bottom Performers | ||
| MEME | Roundhill Meme Stock ETF | -7.45% |
| RKNG | Defiance Retail Kings ETF | -6.53% |
| AIUP | FINQ FIRST U.S. Large Cap AI-Managed Equity ETF | -6.45% |
| BUZZ | VanEck Social Sentiment ETF | -6.17% |
| DUNK | Dana Unconstrained Equity ETF | -5.74% |
Mid Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| RFV | Invesco S&P Midcap 400 Pure Value ETF | 2.88% |
| DFAT | Dimensional U.S. Targeted Value ETF | 2.42% |
| FNK | First Trust Mid Cap Value AlphaDEX Fund | 2.02% |
| ISMD | Inspire Small/Mid Cap ETF | 1.99% |
| XMVM | Invesco S&P MidCap Value with Momentum ETF | 1.89% |
| Bottom Performers | ||
| BCSM | Baron SMID Cap ETF | -4.91% |
| IPO | Renaissance IPO ETF | -4.66% |
| NUMG | Nuveen ESG Mid-Cap Growth ETF | -3.58% |
| TMFM | Motley Fool Mid-Cap Growth ETF | -3.57% |
| VOT | Vanguard Mid-Cap Growth ETF | -2.48% |
Small Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| XSVM | Invesco S&P SmallCap Value with Momentum ETF | 3.03% |
| BSVO | EA Bridgeway Omni Small-Cap Value ETF | 3.03% |
| TCV | Towle Value ETF | 2.99% |
| AVUV | Avantis U.S. Small Cap Value ETF | 2.99% |
| RZV | Invesco S&P Smallcap 600 Pure Value ETF | 2.88% |
| Bottom Performers | ||
| TMFS | Motley Fool Small-Cap Growth ETF | -1.70% |
| VBK | Vanguard Small-Cap Growth ETF | -1.48% |
| SCOW | Pacer S&P SmallCap 600 Quality FCF Aristocrats ETF | -1.40% |
| SMLL | Harbor Active Small Cap ETF | -1.38% |
| FSGS | First Trust SMID Growth Strength ETF | -1.37% |
Analyzing the Weekly Flows
The channel registered a net outflow of $31.91B this week, driven heavily by tax-loss harvesting or broad repositioning in select corners of the market. U.S. Large Cap – Blend proved to be the major bright spot, attracting a robust $12.25B in net new assets, adding to its massive $3,897.5B AUM base. All other style box categories experienced outflows over the trailing 5-day period. The pain was felt most acutely in the U.S. Large Cap – Value segment, which shed a substantial $23.28B.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 356 | $3,897.5B | $12,256M | ($2,121M) | $51,650M | $37,636M | $307,531M |
| U.S. Mid Cap – Growth | 23 | $57.3B | ($126M) | $566M | $585M | $427M | $2,588M |
| U.S. Small Cap – Value | 36 | $105.1B | ($1,024M) | $927M | $2,112M | $2,000M | $1,647M |
| U.S. Mid Cap – Value | 23 | $79.9B | ($1,121M) | $56M | $650M | $557M | $2,052M |
| U.S. Large Cap – Growth | 160 | $1,162.5B | ($2,072M) | $4,176M | $12,315M | $6,861M | $105,387M |
| U.S. Small Cap – Growth | 19 | $50.1B | ($2,331M) | ($26M) | ($755M) | ($907M) | ($1,102M) |
| U.S. Mid Cap – Blend | 68 | $380.1B | ($6,763M) | $5,403M | $10,767M | $10,054M | $29,770M |
| U.S. Small Cap – Blend | 66 | $333.6B | ($7,650M) | $1,380M | $1,129M | $1,412M | $877M |
| U.S. Large Cap – Value | 196 | $949.1B | ($23,282M) | $10,353M | $25,243M | $23,434M | $80,361M |
Top & Bottom ETFs by 5-Day Flow
Looking at specific products, the iShares Core S&P 500 ETF (IVV) was a massive creation engine, absorbing $40.8B to lead the Large Cap segment, while the Vanguard S&P 500 ETF (VOO) saw sharp outflows of $35.9B. In Mid Caps, the iShares Russell Midcap ETF (IWR) brought in $383M, contrasting with the $2.67B exit from the Vanguard Mid-Cap ETF (VO). For Small Caps, the iShares S&P Small-Cap 600 Value ETF (IJS) secured $434M in new money, whereas the Vanguard Small-Cap ETF (VB) registered the steepest drop, losing $3.23B.
Large Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IVV | iShares Core S&P 500 ETF | $40,798M |
| SPY | State Street SPDR S&P 500 ETF | $8,983M |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | $2,995M |
| BGIG | Bahl & Gaynor Income Growth ETF | $1,587M |
| VONV | Vanguard Russell 1000 Value ETF | $712M |
| Outflows | ||
| VOO | Vanguard S&P 500 ETF | -$35,895M |
| SCHD | Schwab US Dividend Equity ETF | -$14,573M |
| VYM | Vanguard High Dividend Yield Index ETF | -$3,055M |
| VTV | Vanguard Value ETF | -$2,025M |
| COWZ | Pacer US Cash Cows 100 ETF | -$1,964M |
Mid Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IWR | iShares Russell Midcap ETF | $383M |
| CGMM | Capital Group U.S. Small and Mid Cap ETF | $281M |
| XMMO | Invesco S&P MidCap Momentum ETF | $225M |
| IJK | iShares S&P Mid-Cap 400 Growth ETF | $165M |
| SMMD | iShares Russell 2500 ETF | $97M |
| Outflows | ||
| VO | Vanguard Mid-Cap ETF | -$2,668M |
| IJH | iShares Core S&P Mid-Cap ETF | -$2,511M |
| VXF | Vanguard Extended Market ETF | -$1,988M |
| VOE | Vanguard Mid-Cap Value ETF | -$950M |
| SPMD | State Street SPDR Portfolio S&P 400 Mid Cap ETF | -$511M |
Small Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IJS | iShares S&P Small-Cap 600 Value ETF | $434M |
| AVUV | Avantis U.S. Small Cap Value ETF | $96M |
| FESM | Fidelity Enhanced Small Cap ETF | $77M |
| DFSV | Dimensional US Small Cap Value ETF | $29M |
| SCHA | Schwab U.S. Small-Cap ETF | $29M |
| Outflows | ||
| VB | Vanguard Small-Cap ETF | -$3,231M |
| IJR | iShares Core S&P Small Cap ETF | -$2,541M |
| IWM | iShares Russell 2000 ETF | -$1,219M |
| VBK | Vanguard Small-Cap Growth ETF | -$1,098M |
| VBR | Vanguard Small Cap Value ETF | -$954M |
Issuer League Table Update
Vanguard and iShares maintain their dominant grip on the Size & Style category, controlling 34.61% and 27.08% of the total market share, respectively. However, their flow fortunes diverged wildly this week. iShares was the clear winner, raking in $30.66B in weekly inflows, while Vanguard saw heavy redemptions, bleeding $54.91B as investors shifted capital.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,429.36B | 34.61% |
| iShares | 81 | $1,900.46B | 27.08% |
| SPDR | 30 | $991.70B | 14.13% |
| Invesco | 68 | $648.52B | 9.24% |
| Schwab | 12 | $315.56B | 4.50% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $30,663M |
| SPDR | $11,717M |
| Bahl & Gaynor | $1,594M |
| Outflows | |
| Vanguard | -$54,907M |
| Schwab | -$14,551M |
| Invesco | -$2,412M |
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.
