Weekly Channel Summary
The U.S. Size & Style ETF channel continues to represent the core of the domestic equity market, boasting 943 ETFs across 261 issuers with a staggering $7,390B in total Assets Under Management (AUM). The past week saw robust activity with $8.82B in net inflows, contributing to a Year-to-Date (YTD) total of $23.37B. This momentum builds upon an impressive one-year trajectory, which has seen the channel attract $556.47B in net new assets, underscoring the sustained preference for size and style-based domestic equity exposure.
This Week’s Performance Leaders and Laggards
U.S. Large Cap Value led the way this week with a 0.70% return, while U.S. Mid Cap Growth was the primary laggard, declining -1.23%. Performance across the channel was mixed, with large caps generally outperforming their smaller counterparts on a week-to-date (WTD) basis. Despite the weekly dip for some growth segments, all categories remain comfortably positive on a YTD basis, led by U.S. Small Cap Value at 6.57%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Large Cap – Value | 0.70% | 3.15% | 6.98% | 10.60% | 4.00% | 13.91% |
| U.S. Large Cap – Growth | 0.59% | 0.61% | -1.37% | 8.12% | 1.72% | 15.00% |
| U.S. Large Cap – Blend | 0.52% | 1.71% | 2.94% | 9.24% | 2.67% | 13.64% |
| U.S. Small Cap – Value | 0.21% | 5.22% | 9.70% | 14.49% | 6.57% | 10.83% |
| U.S. Mid Cap – Value | 0.06% | 3.74% | 8.03% | 12.95% | 4.98% | 9.64% |
| U.S. Mid Cap – Blend | -0.30% | 3.35% | 6.42% | 9.47% | 4.78% | 9.85% |
| U.S. Small Cap – Blend | -0.32% | 3.87% | 7.06% | 14.12% | 5.51% | 11.22% |
| U.S. Small Cap – Growth | -0.58% | 3.44% | 5.32% | 9.59% | 5.51% | 11.34% |
| U.S. Mid Cap – Growth | -1.23% | 2.09% | 1.20% | 5.11% | 3.49% | 7.98% |
Top & Bottom ETFs by Weekly Performance
Individual ETF performance saw significant dispersion. In Large Cap, QQQA (ProShares Nasdaq-100 Dorsey Wright Momentum ETF) was the top performer, while MEME (Roundhill Meme Stock ETF) trailed. In Mid Cap, GLRY (Inspire Growth ETF) led the field, whereas TMFM (Motley Fool Mid-Cap Growth ETF) lagged. Within Small Caps, SMCF (Themes US Small Cap Cash Flow Champions ETF) hit the top spot, while ABLS (Abacus FCF Small Cap Leaders ETF) saw the largest weekly decline.
Large Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| QQQA | ProShares Nasdaq-100 Dorsey Wright Momentum ETF | 5.26% |
| ACEP | ARS Core Equity Portfolio ETF | 4.51% |
| DARP | Grizzle Growth ETF | 3.79% |
| FMTM | Market Desk Focused U.S. Momentum ETF | 3.29% |
| PWB | Invesco Large Cap Growth ETF | 3.09% |
| Bottom Performers | ||
| MEME | Roundhill Meme Stock ETF | -4.08% |
| RVER | Trenchless Fund ETF | -3.51% |
| AKRE | Akre Focus ETF | -2.63% |
| MDPL | Monarch Dividend Plus ETF | -2.50% |
| EAGL | Eagle Capital Select Equity ETF | -2.48% |
Mid Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| GLRY | Inspire Growth ETF | 1.86% |
| XMVM | Invesco S&P MidCap Value with Momentum ETF | 1.16% |
| EPMV | Harbor Mid Cap Value ETF | 1.00% |
| TMVE | Thrivent Mid Cap Value ETF | 0.70% |
| ASCE | Allspring SMID Core ETF | 0.60% |
| Bottom Performers | ||
| TMFM | Motley Fool Mid-Cap Growth ETF | -3.86% |
| TSCM | Times Square Quality Mid Cap Growth ETF | -3.75% |
| NUMG | Nuveen ESG Mid-Cap Growth ETF | -3.70% |
| BCSM | Baron SMID Cap ETF | -2.99% |
| IPO | Renaissance IPO ETF | -2.33% |
Small Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| SMCF | Themes US Small Cap Cash Flow Champions ETF | 1.85% |
| XSVM | Invesco S&P SmallCap Value with Momentum ETF | 1.42% |
| AVUV | Avantis U.S. Small Cap Value ETF | 1.19% |
| EPSV | Harbor SMID Cap Value ETF | 1.01% |
| CSB | VictoryShares US Small Cap High Dividend Volatility Wtd ETF | 0.98% |
| Bottom Performers | ||
| ABLS | Abacus FCF Small Cap Leaders ETF | -2.69% |
| SMLL | Harbor Active Small Cap ETF | -2.25% |
| TMFS | Motley Fool Small-Cap Growth ETF | -1.56% |
| ISCG | iShares Morningstar Small-Cap Growth ETF | -1.52% |
| VBK | Vanguard Small-Cap Growth ETF | -1.49% |
Analyzing the Weekly Flows
The channel gathered a total of $8.811B in net flows this week. U.S. Large Cap – Growth was the standout winner, securing $5,257M in new assets, bringing its total AUM to $1,284.5B. U.S. Large Cap – Blend also saw significant traction with $3,942M in inflows. Conversely, U.S. Large Cap – Value experienced the most substantial outflows, losing -$586M over the five-day period.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Growth | 159 | $1,284.5B | $5,257M | $7,351M | $29,878M | $5,149M | $114,541M |
| U.S. Large Cap – Blend | 350 | $4,138.6B | $3,942M | $21,886M | $138,020M | $20,978M | $348,855M |
| U.S. Mid Cap – Blend | 68 | $384.0B | $586M | $1,856M | $9,221M | $1,386M | $25,054M |
| U.S. Small Cap – Value | 36 | $104.8B | $324M | $376M | $1,665M | $369M | ($1,740M) |
| U.S. Mid Cap – Value | 23 | $80.9B | $103M | $207M | $1,813M | $171M | $2,314M |
| U.S. Small Cap – Growth | 18 | $52.5B | ($178M) | ($1,165M) | ($781M) | ($1,256M) | ($2,163M) |
| U.S. Mid Cap – Growth | 24 | $60.4B | ($212M) | ($177M) | $1,001M | ($217M) | $2,639M |
| U.S. Small Cap – Blend | 65 | $343.5B | ($425M) | ($2,434M) | $6,772M | ($2,216M) | ($4,984M) |
| U.S. Large Cap – Value | 195 | $940.3B | ($586M) | $132M | $25,305M | ($1,010M) | $71,939M |
Top & Bottom ETFs by 5-Day Flow
Leading the channel’s inflows was the QQQ (Invesco QQQ Trust Series I) for Large Cap, while VOO (Vanguard S&P 500 ETF) saw the largest outflow. In the Mid Cap segment, VXF (Vanguard Extended Market ETF) gathered the most assets, whereas MDY (SPDR S&P MIDCAP 400 ETF Trust) lost the most. Small Cap flow leaders included VB (Vanguard Small-Cap ETF) as the primary beneficiary and IWM (iShares Russell 2000 ETF) as the main source of outflows.
Large Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| QQQ | Invesco QQQ Trust Series I | $3,265M |
| SPY | State Street SPDR S&P 500 ETF | $2,958M |
| QQQM | Invesco NASDAQ 100 ETF | $1,201M |
| QUAL | iShares MSCI USA Quality Factor ETF | $1,165M |
| VTI | Vanguard Total Stock Market ETF | $839M |
| Outflows | ||
| VOO | Vanguard S&P 500 ETF | ($2,567M) |
| DIA | SPDR Dow Jones Industrial Average ETF Trust | ($1,989M) |
| IWD | iShares Russell 1000 Value ETF | ($626M) |
| IWF | iShares Russell 1000 Growth ETF | ($517M) |
| RSP | Invesco S&P 500 Equal Weight ETF | ($309M) |
Mid Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VXF | Vanguard Extended Market ETF | $162M |
| VO | Vanguard Mid-Cap ETF | $160M |
| DFAT | Dimensional U.S. Targeted Value ETF | $143M |
| IJH | iShares Core S&P Mid-Cap ETF | $97M |
| CGMM | Capital Group U.S. Small and Mid Cap ETF | $66M |
| Outflows | ||
| MDY | SPDR S&P MIDCAP 400 ETF Trust | ($238M) |
| IWP | iShares Russell Mid-Cap Growth ETF | ($222M) |
| IWS | iShares Russell Mid-Cap Value ETF | ($67M) |
| MDYG | SPDR S&P 400 Mid Cap Growth ETF | ($59M) |
| SPMD | SPDR Portfolio S&P 400 Mid Cap ETF | ($58M) |
Small Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VB | Vanguard Small-Cap ETF | $275M |
| SMLF | iShares U.S. SmallCap Equity Factor ETF | $232M |
| VBR | Vanguard Small Cap Value ETF | $194M |
| AVUV | Avantis U.S. Small Cap Value ETF | $172M |
| DFAS | Dimensional U.S. Small Cap ETF | $127M |
| Outflows | ||
| IWM | iShares Russell 2000 ETF | ($1,518M) |
| IWN | iShares Russell 2000 Value ETF | ($186M) |
| DWAS | Invesco Dorsey Wright SmallCap Momentum ETF | ($129M) |
| IWO | iShares Russell 2000 Growth ETF | ($120M) |
| IJR | iShares Core S&P Small Cap ETF | ($46M) |
Issuer League Table Update
Vanguard and iShares maintain their dominance in the U.S. Size & Style category, controlling 34.21% and 27.35% of the market share, respectively. While Vanguard holds the top spot for AUM, Invesco was the primary flow beneficiary this week, gathering $5,400M. Among the top-tier issuers, iShares saw the largest weekly withdrawal, with -$763M in net outflows.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,527.66B | 34.21% |
| iShares | 81 | $2,020.81B | 27.35% |
| SPDR | 30 | $1,061.20B | 14.36% |
| Invesco | 69 | $708.71B | 9.59% |
| Schwab | 12 | $321.63B | 4.35% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Invesco | $5,400M |
| SPDR | $1,158M |
| Dimensional | $768M |
| Outflows | |
| iShares | -$763M |
| Pacer | -$121M |
| Akre | -$106M |
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.
