Weekly Channel Summary
The U.S. Size & Style channel continues to be a massive segment of the ETF universe, comprising 247 brands and 909 ETFs with a combined $7.1 trillion in assets under management. For the week ending December 5, 2025, the channel attracted significant capital, pulling in $17.77 billion in net inflows. This strong weekly haul adds to an impressive year-to-date total of $475.44 billion, while the trailing one-year flows now stand at $570.18 billion, reflecting sustained investor confidence in core U.S. equity strategies.
This Week’s Performance Leaders and Laggards
Performance across the size and style spectrum was generally positive this week, though dispersion was evident. Small Cap Value emerged as the leader, delivering a 0.95% return for the week, though it remains the laggard on a year-to-date basis with a 6.58% return. Conversely, Large Cap Value was the primary laggard for the week, posting a modest gain of 0.21%. Large Cap Growth continues to dominate the longer-term picture, boasting an 18.53% return year-to-date despite finishing third in the weekly rankings.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| U.S. Small Cap – Value | 0.95% | 3.57% | 1.12% | 15.68% | 6.58% | 0.13% |
| U.S. Mid Cap – Growth | 0.80% | 1.07% | 0.80% | 9.07% | 9.78% | 2.85% |
| U.S. Large Cap – Growth | 0.75% | 0.12% | 5.98% | 15.49% | 18.53% | 14.49% |
| U.S. Mid Cap – Value | 0.64% | 3.71% | 0.46% | 11.75% | 8.59% | 1.84% |
| U.S. Small Cap – Blend | 0.63% | 2.57% | 1.37% | 13.14% | 8.39% | 1.29% |
| U.S. Mid Cap – Blend | 0.52% | 2.50% | 1.29% | 10.95% | 8.91% | 2.06% |
| U.S. Small Cap – Growth | 0.40% | 1.77% | 3.68% | 14.53% | 10.37% | 2.34% |
| U.S. Large Cap – Blend | 0.32% | 1.58% | 4.57% | 12.88% | 14.75% | 9.97% |
| U.S. Large Cap – Value | 0.21% | 2.99% | 3.64% | 11.85% | 13.23% | 7.51% |
Top & Bottom ETFs by Weekly Performance
In the Large Cap space, the BUZZ (VanEck Social Sentiment ETF) surged to the top with a 4.04% gain, while the EASY (Liberty One Defensive Dividend Growth ETF) struggled, dropping 2.90%. Mid Cap leaders were highlighted by IPO (Renaissance IPO ETF), which rose 3.08%, whereas XMLV (Invesco S&P MidCap Low Volatility ETF) fell 1.75%. Among Small Caps, SFLO (VictoryShares Small Cap Free Cash Flow ETF) delivered a strong 2.35% return, contrasting with ABLS (Abacus FCF Small Cap Leaders ETF), which declined 1.10%.
Large Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| BUZZ | VanEck Social Sentiment ETF | 4.04% |
| FPX | First Trust US Equity Opportunities ETF | 3.98% |
| SPHB | Invesco S&P 500 High Beta ETF | 3.68% |
| SGRT | SMART Earnings Growth 30 ETF | 2.91% |
| FCFY | First Trust S&P 500 Diversified Free Cash Flow ETF | 2.81% |
| Bottom Performers | ||
| EASY | Liberty One Defensive Dividend Growth ETF | -2.90% |
| XRLV | Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF | -2.54% |
| SPLV | Invesco S&P 500 Low Volatility ETF | -2.52% |
| MSSS | Monarch Select Subsector ETF Fund | -1.98% |
| LVHD | Franklin U.S. Low Volatility High Dividend Index ETF | -1.91% |
Mid Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| IPO | Renaissance IPO ETF | 3.08% |
| MGMT | Ballast Small/Mid Cap ETF | 2.75% |
| ASCE | Allspring SMID Core ETF | 2.09% |
| ZIG | Acquirers Fund | 2.03% |
| NUMG | Nuveen ESG Mid-Cap Growth ETF | 1.89% |
| Bottom Performers | ||
| XMLV | Invesco S&P MidCap Low Volatility ETF | -1.75% |
| HSMV | First Trust Horizon Managed Volatility Small/Mid ETF | -1.45% |
| MCOW | Pacer S&P MidCap 400 Quality FCF Aristocrats ETF | -0.72% |
| AMID | Argent Mid Cap ETF | -0.62% |
| JPME | JPMorgan Diversified Return U.S. Mid Cap Equity ETF | -0.55% |
Small Cap Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| SFLO | VictoryShares Small Cap Free Cash Flow ETF | 2.35% |
| AVUV | Avantis U.S. Small Cap Value ETF | 1.85% |
| GRPZ | Invesco S&P SmallCap 600 GARP ETF | 1.67% |
| DSMC | Distillate Small/Mid Cash Flow ETF | 1.64% |
| FDM | First Trust Dow Jones Select MicroCap Index Fund | 1.52% |
| Bottom Performers | ||
| ABLS | Abacus FCF Small Cap Leaders ETF | -1.10% |
| XSLV | Invesco S&P SmallCap Low Volatility ETF | -1.05% |
| USVM | VictoryShares US Small Mid Cap Value Momentum ETF | -0.39% |
| XSMO | Invesco S&P SmallCap Momentum ETF | -0.39% |
| XSHD | Invesco S&P SmallCap High Dividend Low Volatility ETF | -0.38% |
Analyzing the Weekly Flows
Flows were robust across the board this week, with the channel raking in a total of $17.77 billion. The heavyweight U.S. Large Cap – Blend category commanded the lion’s share of assets, gathering $9.0 billion in net inflows, further cementing its dominance with nearly $4 trillion in total AUM. U.S. Large Cap – Growth also saw significant activity, pulling in $5.5 billion. While most categories enjoyed positive sentiment, U.S. Small Cap – Growth was the lone outlier, experiencing net outflows of $85 million for the week.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| U.S. Large Cap – Blend | 335 | $3,980.2B | $9,019M | $40,193M | $115,749M | $287,475M | $351,681M |
| U.S. Large Cap – Growth | 152 | $1,259.7B | $5,524M | $10,285M | $40,721M | $111,784M | $125,062M |
| U.S. Large Cap – Value | 190 | $894.1B | $1,405M | $13,172M | $25,196M | $60,738M | $74,289M |
| U.S. Mid Cap – Blend | 66 | $363.9B | $852M | $2,410M | $5,906M | $22,025M | $25,268M |
| U.S. Mid Cap – Value | 22 | $76.4B | $450M | $668M | $643M | $1,779M | $1,725M |
| U.S. Small Cap – Value | 35 | $98.0B | $355M | $471M | $506M | ($3,286M) | ($2,811M) |
| U.S. Small Cap – Blend | 61 | $325.1B | $146M | $2,637M | $5,929M | ($5,190M) | ($6,682M) |
| U.S. Mid Cap – Growth | 23 | $58.6B | $65M | $28M | $816M | $1,815M | $2,457M |
| U.S. Small Cap – Growth | 18 | $51.0B | ($85M) | $30M | $295M | ($1,855M) | ($956M) |
Top & Bottom ETFs by 5-Day Flow
Flows were concentrated in broad market funds this week. SPY (SPDR S&P 500 ETF Trust) took the top spot for Large Cap inflows with over $5.5 billion, while VOO (Vanguard S&P 500 ETF) saw the largest outflows at over $1 billion. In the Mid Cap segment, VOE (Vanguard Mid-Cap Value ETF) gathered $317 million, whereas BBMC (JPMorgan BetaBuilders U.S. Mid Cap Equity ETF) shed $37 million. Small Caps saw IJR (iShares Core S&P Small Cap ETF) pull in $357 million, while IWM (iShares Russell 2000 ETF) faced significant outflows of $524 million.
Large Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SPY | SPDR S&P 500 ETF Trust | $5,525M |
| QQQ | Invesco QQQ Trust Series I | $3,871M |
| SPYM | State Street SPDR Portfolio S&P 500 ETF | $1,564M |
| IVV | iShares Core S&P 500 ETF | $723M |
| VTI | Vanguard Total Stock Market ETF | $639M |
| Outflows | ||
| VOO | Vanguard S&P 500 ETF | ($1,072M) |
| IWF | iShares Russell 1000 Growth ETF | ($787M) |
| WTV | WisdomTree US Value Fund | ($375M) |
| QUAL | iShares MSCI USA Quality Factor ETF | ($179M) |
| RSP | Invesco S&P 500 Equal Weight ETF | ($151M) |
Mid Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| VOE | Vanguard Mid-Cap Value ETF | $317M |
| VXF | Vanguard Extended Market ETF | $184M |
| MDY | SPDR S&P Midcap 400 ETF Trust | $150M |
| IJH | iShares Core S&P Mid-Cap ETF | $136M |
| VO | Vanguard Mid-Cap ETF | $115M |
| Outflows | ||
| BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | ($37M) |
| IJK | iShares S&P Mid-Cap 400 Growth ETF | ($24M) |
| XMHQ | Invesco S&P MidCap Quality ETF | ($14M) |
| SMOT | VanEck Morningstar SMID Moat ETF | ($9M) |
| JMEE | JPMorgan Small & Mid Cap Enhanced Equity ETF | ($8M) |
Small Cap Flows
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IJR | iShares Core S&P Small Cap ETF | $357M |
| AVUV | Avantis U.S. Small Cap Value ETF | $213M |
| VTWO | Vanguard Russell 2000 ETF | $119M |
| SMLF | iShares U.S. SmallCap Equity Factor ETF | $60M |
| VBR | Vanguard Small Cap Value ETF | $50M |
| Outflows | ||
| IWM | iShares Russell 2000 ETF | ($524M) |
| VBK | Vanguard Small-Cap Growth ETF | ($82M) |
| IJT | iShares S&P Small-Cap 600 Growth ETF | ($35M) |
| CALF | Pacer US Small Cap Cash Cows ETF | ($11M) |
| IWC | iShares Micro-Cap ETF | ($8M) |
Issuer League Table Update
Vanguard and iShares continue to hold the top two spots in market share, controlling 34.19% and 27.44% of the channel’s assets, respectively. SPDR led all issuers this week with $7.1 billion in net inflows, while WisdomTree faced the heaviest outflows, shedding $168 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Vanguard | 41 | $2,429.86B | 34.19% |
| iShares | 81 | $1,950.22B | 27.44% |
| SPDR | 30 | $1,032.79B | 14.53% |
| Invesco | 69 | $680.27B | 9.57% |
| Schwab | 12 | $308.66B | 4.34% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| SPDR | $7,145M |
| Invesco | $4,725M |
| Vanguard | $1,939M |
| Outflows | |
| WisdomTree | ($168M) |
| Pacer | ($151M) |
| Akre | ($61M) |
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.
