# U.S. small-cap blend ETF outflows to May 2026

> IWM lost the most over twelve months to May 2026: $5.0bn. The U.S. small-cap blend ETFs that lost the most, ranked over 12 months to May 2026.

Data as of Oct 8, 2026. Rebuilt every trading night.

Flows as of Oct 8, 2026 , the trading day.

Flows ranking · U.S. small-cap blend ETFs · money out

## The U.S. small-cap blend ETFs that lost the most

IWM lost the most over twelve months to May 2026: $5.0bn .

Measure Net flow: money in less money out, in dollars, over the window, leaving any round trip aside

Coverage Twelve-month list: 59 funds with SEC filings for every month to May 2026, 75.0% of the group’s net assets. 3 funds’ filings report flows for the whole fund, all share classes, so they are not ranked here: VB , VIOO , VTWO

Rank change Against the last edition of this list: the previous trading day for 1W and 1M, the previous month for 12M. "new" means not in the top 25 last time

The inflows list

### 12 months · Jun 2025 to May 2026

From SEC filings · 24 funds · the last month every filer has reported

Filings run about 60 days behind, so this list ends at the latest month every fund in the group has filed, printed in the heading and the title. Rank change is against last month’s edition.

| # | Fund | Name | Net flow | Share of assets | Rank change |
| --- | --- | --- | --- | --- | --- |
| 1 | IWM | iShares Russell 2000 ETF | −$5.0bn | · | same |
| 2 | FNDA | Schwab Fundamental U.S. Small Company ETF | −$1.5bn | · | ▲ 2 |
| 3 | SCHA | Schwab U.S. Small-Cap ETF | −$493m | · | ▲ 3 |
| 4 | DWAS | Invesco Dorsey Wright SmallCap Momentum ETF | −$442m | · | ▼ 1 |
| 5 | RSSL | Global X Russell 2000 ETF | −$336m | · | ▼ 3 |
| 6 | BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | −$293m | · | ▼ 1 |
| 7 | XSHQ | Invesco S&P SmallCap Quality ETF | −$120m | · | same |
| 8 | AFSC | abrdn Focused U.S. Small Cap Active ETF | −$86.3m | · | same |
| 9 | BKSE | BNY Mellon US Small Cap Core Equity ETF | −$57.7m | · | ▲ 8 |
| 10 | EES | WisdomTree U.S. SmallCap Fund | −$53.3m | · | ▲ 4 |
| 11 | DGRS | WisdomTree U.S. SmallCap Quality Dividend Growth Fund | −$52.1m | · | ▲ 1 |
| 12 | SMMV | iShares MSCI USA Small-Cap Min Vol Factor ETF | −$48.5m | · | ▲ 3 |
| 13 | FNX | First Trust Mid Cap Core AlphaDEX Fund | −$48.1m | · | same |
| 14 | MSSM | Morgan Stanley Pathway Small-Mid Cap Equity ETF | −$36.4m | · | ▲ 2 |
| 15 | JPSE | JPMorgan Diversified Return U.S. Small Cap Equity ETF | −$17.5m | · | new |
| 16 | OMFS | Invesco Russell 2000 Dynamic Multifactor ETF | −$16.9m | · | ▲ 2 |
| 17 | SMLL | Harbor Active Small Cap ETF | −$4.3m | · | ▲ 3 |
| 18 | FLQS | Franklin U.S. Small Cap Multifactor Index ETF | −$3.2m | · | ▲ 3 |
| 19 | QVMS | Invesco S&P SmallCap 600 QVM Multi-factor ETF | −$2.3m | · | ▲ 3 |
| 20 | SIMS | State Street SPDR S&P Kensho Intelligent Structures ETF | −$2.3m | · | ▼ 1 |
| 21 | VIOG | Vanguard S&P Small-Cap 600 Growth ETF | −$1.7m | · | ▼ 10 |
| 22 | GRPZ | Invesco S&P SmallCap 600 GARP ETF | −$594k | · | ▲ 3 |
| 23 | BBSC | JPMorgan BetaBuilders U.S. Small Cap Equity ETF | −$356k | · | new |
| 24 | SCDS | JPMorgan Fundamental Data Science Small Core ETF | −$17k | · | same |

SEC Form N-PORT, item B.6, monthly, every fund with a filing for every month of the window.

### Other flow rankings

### Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ETFIQ is an independent publisher and makes no recommendations; a rank is a sort of one published figure, not an opinion.

---

Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, The U.S. small-cap blend ETFs that lost the most, data as of Oct 8, 2026. https://etfiq.com/flows/rankings/segment/us-small-blend/outflows/
Licence: https://etfiq.com/license/ Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/flows/rankings/segment/us-small-blend/outflows/