Weekly Channel Summary
The FI: Specialty ETF channel currently oversees a total of $72.0 billion in Assets Under Management (AUM) across 150 individual ETFs managed by 14 different issuers. Activity over the past week showed positive momentum, with the channel bringing in $381 million in 5-Day flows. Looking further back, the channel has accumulated $7.70 billion in Year-to-Date (YTD) flows and a strong $21.81 billion over the trailing 1-Year period.
Performance Update
Over the past week, the FI: Specialty channel faced slight headwinds. The Maturing Ladder category experienced the largest week-to-date (WTD) drop at -0.38%, followed closely by Defined Maturity at -0.34%. Despite the weekly dip, Defined Maturity remains the strongest performer over the trailing 1-Year period, posting a solid 4.75% gain. Looking at individual funds, the Simplify Bond Bull ETF (RFIX) led the week with a 1.42% return, while the KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF (IVOL) lagged the group, dropping -1.51%.
Category Performance Summary
| ETFA Category | Fund Count | WTD Return | YTD Return | 1 Year Return |
|---|---|---|---|---|
| Specialty Defined Maturity | 122 | -0.34% | 0.61% | 4.75% |
| Specialty – Interest Rate Volatility | 8 | -0.02% | 1.33% | -2.36% |
| Fixed Income: Specialty – Maturing Ladder | 20 | -0.38% | 0.28% | 3.13% |
Top & Bottom 3 ETFs by WTD Performance
| Ticker | Fund Name | WTD Return | YTD Return | 1 Year Return |
|---|---|---|---|---|
| Top Performers | ||||
| RFIX | Simplify Bond Bull ETF | 1.42% | 6.55% | -15.17% |
| BNDD | Quadratic Deflation ETF | 1.11% | 5.31% | 2.77% |
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | 0.32% | 3.44% | 4.51% |
| Bottom Performers | ||||
| IVOL | KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF | -1.51% | -6.87% | -5.77% |
| IRVH | Global X Interest Rate Volatility & Inflation Hedge ETF | -0.95% | -3.63% | -1.93% |
| IBIK | iShares iBonds Oct 2034 Term TIPS ETF | -0.94% | 0.85% | 5.29% |
Analyzing the Weekly Flows
For the week, the FI: Specialty channel saw total net inflows of $381 million. The Specialty – Defined Maturity category attracted the overwhelming majority of new assets, gathering $380 million. By segment, FI: Corporate took the top spot with $239 million in new money. Looking at the duration breakdown, the Duration: 2029 bucket led the way with $147 million in inflows, while the Duration: 2026 bucket experienced the largest outflows at ($95 million).
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 | 122 | $70.5B | $380M | $1,450M | $3,253M | $7,716M | $21,858M |
| Specialty – Interest Rate Volatility | 8 | $0.9B | $1M | $35M | ($41M) | ($50M) | $111M |
| Fixed Income: Specialty – Maturing Ladder | 20 | $0.2B | $0M | $18M | $28M | $32M | ($163M) |
Segment Flows Summary
| Segment | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| FI: Corporate | 62 | $54.1B | $239M | $1,039M | $2,077M | $5,408M | $15,982M |
| FI: Government | 58 | $12.5B | $121M | $360M | $824M | $1,610M | $4,136M |
| FI: Municipal | 30 | $5.0B | $21M | $104M | $340M | $680M | $1,688M |
Duration Flows Summary
| Duration | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| 2026 | 10 | $12.6B | ($95M) | ($296M) | ($763M) | ($1,050M) | $393M |
| 2027 | 12 | $13.1B | $82M | $164M | $373M | $1,064M | $3,283M |
| 2028 | 13 | $12.0B | $108M | $420M | $982M | $1,995M | $4,182M |
| 2029 | 12 | $9.9B | $147M | $368M | $585M | $1,438M | $3,587M |
| 2030 | 16 | $7.8B | $55M | $224M | $597M | $1,283M | $3,424M |
| 2031 | 12 | $5.2B | $25M | $139M | $363M | $834M | $2,142M |
| 2032 | 11 | $4.0B | $19M | $94M | $256M | $562M | $1,602M |
| 2033 | 11 | $2.9B | $8M | $159M | $274M | $473M | $1,085M |
| 2034 | 9 | $1.9B | $7M | $86M | $274M | $544M | $1,158M |
| 2035 | 13 | $1.0B | $6M | $55M | $237M | $497M | $693M |
| 2036 | 4 | $0.1B | $10M | $41M | $79M | $79M | $79M |
| 2044 | 1 | $0.1B | $1M | $5M | $7M | $12M | $32M |
| 2045 | 3 | $0.0B | $1M | $1M | $1M | $1M | $6M |
| 2046 | 1 | $0.0B | $5M | $5M | $7M | $7M | $7M |
| 2050 | 2 | $0.0B | $0M | $0M | $0M | $0M | $1M |
| 2054 | 1 | $0.0B | $0M | $0M | $0M | $0M | $1M |
| 2055 | 5 | $0.0B | $0M | $3M | $5M | $5M | $8M |
| 2056 | 1 | $0.0B | $0M | $0M | $2M | $2M | $2M |
Top & Bottom 5 ETFs by 5-Day Flow
The top individual performer for the week was the iShares iBonds Dec 2029 Term Corporate ETF (IBDU), which led the channel with $105 million in inflows. Conversely, the largest outflows were seen in the Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) and the iShares iBonds Dec 2026 Term Corporate ETF (IBDR), shedding $46 million and $28 million, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IBDU | iShares iBonds Dec 2029 Term Corporate ETF | $105M |
| IBTI | iShares iBonds Dec 2028 Term Treasury ETF | $51M |
| IBHG | iShares iBonds 2027 Term High Yield and Income ETF | $34M |
| BSCU | Invesco BulletShares 2030 Corporate Bond ETF | $28M |
| MYCH | State Street My2028 Corporate Bond ETF | $20M |
| Outflows | ||
| BSJQ | Invesco BulletShares 2026 High Yield Corp Bond ETF | ($46M) |
| IBDR | iShares iBonds Dec 2026 Term Corporate ETF | ($28M) |
| IBHF | iShares iBonds 2026 Term High Yield and Income ETF | ($16M) |
| BSCQ | Invesco BulletShares 2026 Corporate Bond ETF | ($12M) |
| BSMQ | Invesco BulletShares 2026 Municipal Bond ETF | ($2M) |
Issuer League Table Update
The channel remains heavily concentrated, with the top two issuers, iShares and Invesco, commanding 57.96% and 39.02% of the market share, respectively. iShares continued to extend its lead this week, capturing the most weekly inflows at $347 million, while Simplify saw the largest outflows at ($1 million).
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 57 | $41.47B | 57.96% |
| Invesco | 28 | $27.92B | 39.02% |
| State Street | 21 | $0.86B | 1.21% |
| Quadratic | 1 | $0.31B | 0.44% |
| Simplify | 2 | $0.28B | 0.40% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $347M |
| State Street | $20M |
| Invesco | $9M |
| Outflows | |
| Simplify | ($1M) |
| Quadratic | $0M |
| KraneShares | $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.
