Weekly Channel Summary
The FI: Specialty ETF channel currently encompasses 147 ETFs managed by 15 distinct issuers, commanding a total AUM of $69B. The channel experienced positive momentum over the past week, gathering $0.24B in 5-day net flows. This builds upon a steady longer-term trend, with year-to-date inflows reaching $5.22B and 1-year flows totaling a robust $21.58B.
Analyzing the Weekly Flows
The channel saw $239M in total net inflows this week. The Specialty – Defined Maturity category led the pack, drawing in $218M. Within the broader segments, FI: Corporate was the top gatherer with $135M in weekly inflows. Looking at the maturity curves, the Duration: 2034 bucket attracted the most capital, bringing in $51M, while the nearest-term Duration: 2026 experienced the largest outflows at ($24M).
Category Flows Summary
| ETFA Category | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Specialty – Defined Maturity | 102 | $67.8B | $218M | $1,078M | $5,721M | $5,206M | $21,669M |
| Specialty – Interest Rate Volatility | 8 | $1.0B | $19M | $3M | ($33M) | ($1M) | $64M |
| Fixed Income: Specialty – Maturing Ladder | 20 | $0.1B | $2M | $11M | $12M | $12M | ($157M) |
Segment Flows Summary
| Segment | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| FI: Corporate | 50 | $52.4B | $135M | $767M | $4,197M | $3,849M | $16,003M |
| FI: Government | 54 | $11.9B | $95M | $268M | $1,068M | $990M | $3,971M |
| FI: Municipal | 26 | $4.7B | $10M | $57M | $434M | $378M | $1,602M |
Duration Flows Summary
| Duration | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Duration: 2026 | 10 | $13.2B | ($24M) | ($164M) | ($373M) | ($456M) | $1,190M |
| Duration: 2027 | 11 | $12.8B | $21M | $208M | $911M | $829M | $3,671M |
| Duration: 2028 | 12 | $11.2B | $50M | $286M | $1,332M | $1,233M | $3,780M |
| Duration: 2029 | 11 | $9.4B | $27M | $199M | $1,070M | $994M | $3,516M |
| Duration: 2030 | 15 | $7.3B | $32M | $184M | $910M | $837M | $3,284M |
| Duration: 2031 | 11 | $4.9B | $14M | $116M | $592M | $553M | $1,982M |
| Duration: 2032 | 9 | $3.8B | $15M | $68M | $379M | $352M | $1,482M |
| Duration: 2033 | 8 | $2.6B | $16M | $45M | $249M | $235M | $905M |
| Duration: 2034 | 7 | $1.7B | $51M | $85M | $349M | $340M | $1,093M |
| Duration: 2035 | 11 | $0.8B | $17M | $59M | $305M | $293M | $548M |
| Duration: 2044 | 1 | $0.1B | $0M | $0M | $5M | $5M | $35M |
| Duration: 2045 | 3 | $0.0B | $0M | $1M | $0M | $0M | $6M |
| Duration: 2050 | 2 | $0.0B | $0M | $0M | $0M | $0M | $2M |
| Duration: 2054 | 1 | $0.0B | $0M | $0M | $0M | $0M | $1M |
| Duration: 2055 | 5 | $0.0B | $1M | $2M | $2M | $2M | $6M |
| Duration: 2060 | 2 | $0.0B | $0M | $0M | $0M | $0M | $2M |
| Duration: 2065 | 2 | $0.0B | $0M | $0M | $0M | $0M | $7M |
Top & Bottom 5 ETFs by 5-Day Flow
Among individual funds, the Invesco BulletShares 2034 Corporate Bond ETF (BSCY) captured the highest inflows for the week at $43M. On the other end of the spectrum, the iShares iBonds 2026 Term High Yield and Income ETF (IBHF) and the Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) saw the largest redemptions, with outflows of ($16M) and ($5M) respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| BSCY | Invesco BulletShares 2034 Corporate Bond ETF | $43M |
| MYCH | State Street My2028 Corporate Bond ETF | $16M |
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | $15M |
| IBDU | iShares iBonds Dec 2029 Term Corporate ETF | $15M |
| IBTI | iShares iBonds Dec 2028 Term Treasury ETF | $13M |
| Outflows | ||
| IBHF | iShares iBonds 2026 Term High Yield and Income ETF | ($16M) |
| BSJQ | Invesco BulletShares 2026 High Yield Corp Bond ETF | ($5M) |
| BSJT | Invesco BulletShares 2029 High Yield Corporate Bond ETF | ($4M) |
| IBTG | iShares iBonds Dec 2026 Term Treasury ETF | ($3M) |
| IVOL | KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF | ($2M) |
Issuer League Table Update
The FI: Specialty landscape is highly concentrated, with the top two issuers, iShares and Invesco, holding 57.88% and 39.68% of the market share, respectively. Unsurprisingly, iShares also gathered the most in weekly inflows with $139M, while Quadratic experienced the largest net outflows of the week at ($2M).
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 55 | $39.92B | 57.88% |
| Invesco | 28 | $27.36B | 39.68% |
| State Street | 21 | $0.59B | 0.86% |
| Quadratic | 1 | $0.48B | 0.69% |
| Simplify | 2 | $0.23B | 0.34% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $139M |
| Invesco | $63M |
| State Street | $17M |
| Outflows | |
| Quadratic | ($2M) |
| Global X | $0M |
| American Beacon | $0M |
For a deeper dive into these trends, access our FREE, in-depth FI: Specialty 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.
