Weekly Channel Summary
The FI: Taxable ETF channel ended the week of April 2, 2026 with $2,168 billion in total assets under management across 685 ETFs from 142 issuers — a universe that has grown substantially, with 30 new fund launches recorded in just the past three months. Weekly net flows came in at $7.70 billion, a solid result that extends a strong year-to-date haul of $159.62 billion and a trailing one-year total of $444.93 billion. The 30-day flow figure of $45.83 billion further underscores the persistent demand investors have shown for taxable fixed income exposure in 2026. Flow activity this week was heavily concentrated in Government and Multi-Sector segments, while Corporate and Preferred Stock experienced notable headwinds.
This Week’s Performance Leaders and Laggards
The Convertible category was the clear standout performer on a week-to-date basis, surging 2.65% — a result that also keeps it solidly positive YTD at +4.85% and well ahead of most peers on a one-year basis at +24.03%. Long-Term bonds were the second-best category at +2.09% WTD, benefitting from falling long-end yields, though that category remains slightly negative YTD at -0.22%. On the lagging end, Government Ultrashort unsurprisingly ranked at the bottom with just a 0.09% WTD gain given its cash-like duration profile, while High Yield stood out as the weakest performer among risk categories, posting a -0.12% YTD reading despite a decent 1.13% WTD return. Short-Term funds were also soft, delivering only 0.46% WTD and sitting as the second-worst performer in YTD terms among the risk segments.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Convertible | 2.65% | -1.29% | 3.10% | 0.91% | 4.85% | 24.03% |
| Long-Term | 2.09% | -1.92% | 0.04% | -0.77% | -0.22% | 3.91% |
| Government Long | 1.64% | -2.75% | 0.40% | -0.86% | 0.07% | 0.06% |
| Corporate | 1.26% | -1.14% | -0.07% | 0.21% | -0.16% | 5.00% |
| High Yield | 1.13% | -0.75% | -0.17% | 0.91% | -0.12% | 6.68% |
| Core Enhanced | 1.01% | -1.18% | 0.25% | 0.87% | 0.18% | 4.72% |
| Core | 0.97% | -1.13% | 0.29% | 0.90% | 0.20% | 4.41% |
| Multisector Taxable | 0.96% | -1.21% | -0.10% | 0.79% | -0.07% | 4.77% |
| Emerging USD | 0.84% | -2.32% | -0.78% | 1.59% | -0.85% | 8.87% |
| Inflation Protected | 0.82% | -0.38% | 0.88% | 0.73% | 0.87% | 3.60% |
| Emerging | 0.82% | -2.37% | -0.73% | 1.89% | -0.66% | 9.79% |
| Preferred Stock | 0.78% | -2.04% | -1.18% | -0.68% | -0.74% | 5.43% |
| Securitized | 0.74% | -0.79% | 0.73% | 1.91% | 0.68% | 5.56% |
| Government Intermediate | 0.74% | -1.27% | -0.04% | 0.53% | -0.11% | 3.61% |
| International | 0.73% | -2.64% | -1.35% | -1.12% | -1.48% | 5.89% |
| International USD | 0.64% | -1.36% | 0.11% | 0.40% | -0.04% | 2.94% |
| Short-Term | 0.46% | -0.40% | 0.34% | 1.41% | 0.36% | 4.76% |
| Bank Loans | 0.32% | 0.45% | -1.04% | 0.06% | -0.95% | 3.76% |
| Government Short | 0.31% | -0.35% | 0.26% | 1.23% | 0.27% | 3.80% |
| Ultrashort | 0.19% | 0.18% | 0.81% | 1.98% | 0.84% | 4.84% |
| Government Ultrashort | 0.09% | 0.30% | 0.83% | 1.87% | 0.86% | 4.03% |
Top & Bottom 5 ETFs by Weekly Performance
The top individual performer this week was the CVRT Calamos Convertible Equity Alternative ETF, which surged 5.08% WTD and is now up an impressive 14.17% year-to-date. Among the laggards, the TFFI Chesapeake Trend-Following Fixed Income ETF was the weakest in the channel at -0.48% WTD, followed closely by the PCMM BondBloxx Private Credit CLO ETF at -0.36% WTD.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| CVRT | Calamos Convertible Equity Alternative ETF | 5.08% |
| VPC | Virtus Private Credit Strategy ETF | 3.84% |
| FCVT | First Trust SSI Strategic Convertible Securities ETF | 3.68% |
| CRDT | Simplify Opportunistic Income ETF | 3.18% |
| CWB | State Street SPDR Bloomberg Convertible Securities ETF | 3.08% |
| Bottom Performers | ||
| CSHP | iShares Enhanced Short-Term Bond Active ETF | 0.05% |
| CLOI | VanEck CLO ETF | 0.04% |
| BMAX | REX Bitcoin Corporate Treasury Convertible Bond ETF | -0.11% |
| CLOB | VanEck AA-BB CLO ETF | -0.13% |
| PCMM | BondBloxx Private Credit CLO ETF | -0.36% |
| TFFI | Chesapeake Trend-Following Fixed Income ETF | -0.48% |
Analyzing the Weekly Flows
The FI: Taxable channel pulled in $7.70 billion in net new money over the past five days, a healthy weekly haul. From a segment perspective, FI: Government dominated with $6.52 billion in weekly inflows, while FI: Multi-Sector added $1.19 billion and FI: Securitized contributed $504 million. On the credit-type lens, Investment Grade was the clear winner at $9.84 billion, while High Yield continued to bleed with $2.01 billion in outflows. By duration, the flow story was unmistakable: Duration: Ultrashort absorbed $6.38 billion — the dominant theme of the week — while Duration: Short added $409 million and Duration: Intermediate contributed $748 million; Duration: Long posted a modest $160 million inflow. The largest single-ETF outflow belonged to the AGG iShares Core U.S. Aggregate Bond ETF at -$1.74 billion, while the top individual inflow was captured by the SGOV iShares 0-3 Month Treasury Bond ETF with $2.22 billion in new money.
Flows by Segment
| Segment | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| FI: Government | 119 | $689.1B | $6,521M | $36,252M | $76,721M | $76,309M | $163,228M |
| FI: Multi-Sector | 283 | $897.0B | $1,194M | $13,915M | $64,561M | $66,418M | $210,649M |
| FI: Securitized | 41 | $104.6B | $504M | $905M | $2,973M | $2,994M | $17,396M |
| FI: Bank Loans | 44 | $60.4B | $259M | $403M | $3,230M | $3,273M | $7,688M |
| FI: Cat Bonds | 1 | $0.1B | $1M | $10M | $22M | $22M | $52M |
| FI: Preferred Stock | 27 | $39.0B | ($113M) | ($313M) | $127M | $97M | $1,651M |
| FI: Corporate | 164 | $377.7B | ($666M) | ($5,373M) | $10,541M | $10,470M | $44,231M |
Flows by Credit Type
| Credit Type | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Credit: Investment Grade | 353 | $1,753.3B | $9,843M | $49,756M | $141,129M | $142,577M | $356,927M |
| Credit: Blend | 172 | $239.9B | ($135M) | $3,269M | $23,842M | $23,857M | $76,379M |
| Credit: High Yield | 153 | $174.7B | ($2,008M) | ($7,225M) | ($6,812M) | ($6,865M) | $11,469M |
Flows by Duration
| Duration | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Duration: Ultrashort | 133 | $452.3B | $6,382M | $32,636M | $69,826M | $70,857M | $134,088M |
| Duration: Intermediate | 403 | $1,241.1B | $748M | $8,940M | $72,099M | $72,884M | $252,593M |
| Duration: Short | 84 | $283.5B | $409M | $5,378M | $17,725M | $17,383M | $52,384M |
| Duration: Long | 58 | $190.9B | $160M | ($1,154M) | ($1,490M) | ($1,553M) | $5,710M |
Top & Bottom 5 ETFs by 5-Day Flow
On an individual fund basis, the SGOV iShares 0-3 Month Treasury Bond ETF led all inflows with $2.22 billion in new money for the week — a clear signal of investor demand for the shortest-duration, highest-quality government paper. The deepest outflows were concentrated in the large aggregate bond space: the AGG iShares Core U.S. Aggregate Bond ETF shed $1.74 billion, and the EMB iShares JP Morgan USD Emerging Markets Bond ETF saw $608 million depart.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SGOV | iShares 0-3 Month Treasury Bond ETF | $2,224M |
| BIL | State Street SPDR Bloomberg 1-3 Month T-Bill ETF | $1,295M |
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | $702M |
| IEF | iShares 7-10 Year Treasury Bond ETF | $626M |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | $532M |
| Outflows | ||
| USHY | iShares Broad USD High Yield Corporate Bond ETF | ($531M) |
| EMB | iShares JP Morgan USD Emerging Markets Bond ETF | ($608M) |
| TLT | iShares 20+ Year Treasury Bond ETF | ($428M) |
| SPHY | State Street SPDR Portfolio High Yield Bond ETF | ($278M) |
| AGG | iShares Core U.S. Aggregate Bond ETF | ($1,744M) |
Issuer League Table Update
iShares continues to command an outsized lead in the FI: Taxable space with $799.90 billion in AUM and a 36.90% market share, followed by Vanguard at $570.74 billion and 26.33% — together the two giants account for more than 63% of the entire channel. On a weekly flow basis, iShares led all issuers by a wide margin with $1.70 billion in net inflows, while Vanguard was second at $1.43 billion. Among the top-10 issuers, Janus Henderson was the notable laggard, posting $54 million in outflows for the week — the only major issuer to experience net redemptions in the period.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 87 | $799.90B | 36.90% |
| Vanguard | 30 | $570.74B | 26.33% |
| SPDR | 38 | $170.07B | 7.84% |
| JPMorgan | 19 | $83.81B | 3.87% |
| Schwab | 12 | $73.04B | 3.37% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $1,698M |
| Vanguard | $1,425M |
| SPDR | $847M |
| Outflows | |
| Janus Henderson | ($54M) |
| FlexShares | ($20M) |
| BondBloxx | ($161M) |
For a deeper dive into these trends, access our FREE, in-depth Taxable 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.
