Weekly Channel Summary
The FI: Specialty ETF channel currently oversees $69.9B in total Assets Under Management (AUM) across 150 ETFs from 14 unique issuers. Investor activity remains resilient, with the channel capturing $294M in net inflows over the past 5 days. This weekly momentum contributes to a healthy longer-term trend, pushing Year-to-Date (YTD) flows to $5.72B and the 1-Year flow total to an impressive $21.77B.
This Week’s Performance Leaders and Laggards
This week highlighted mixed results across the FI: Specialty segments. The single best-performing category was “Fixed Income: Specialty – Interest Rate Volatility,” which posted a Week-to-Date (WTD) return of 0.52% and maintains a YTD return of 1.29%. Conversely, the “Fixed Income: Specialty – Defined Maturity” category lagged the field, dipping -0.12% WTD, though it still holds a solid 0.90% gain YTD.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Fixed Income: Specialty – Interest Rate Volatility | 0.52% | -0.88% | 1.90% | 0.19% | 1.29% | -2.39% |
| Fixed Income: Specialty – Maturing Ladder | -0.03% | 1.37% | 0.41% | -0.36% | 0.77% | 3.33% |
| Fixed Income: Specialty – Defined Maturity | -0.12% | 1.18% | 0.57% | 1.17% | 0.90% | 5.96% |
Top & Bottom 5 ETFs by Weekly Performance
Looking at individual funds, the RFIX (Simplify Bond Bull ETF) secured the top spot as the single best-performing ETF with a WTD return of 2.11%. On the other end of the spectrum, the IVOL (KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF) and IBGC (iShares iBonds Dec 2046 Term Treasury ETF) experienced the steepest declines, posting WTD returns of -0.64% and -0.46%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| RFIX | Simplify Bond Bull ETF | 2.11% |
| CPII | American Beacon Ionic Inflation Protection ETF | 0.89% |
| RINF | ProShares Inflation Expectations ETF | 0.81% |
| PFIX | Simplify Interest Rate Hedge ETF | 0.56% |
| IBIH | iShares iBonds Oct 2031 Term TIPS ETF | 0.42% |
| Bottom Performers | ||
| IVOL | KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF | -0.64% |
| IBGC | iShares iBonds Dec 2046 Term Treasury ETF | -0.46% |
| ZCBG | Global X Zero Coupon Bond 2035 ETF | -0.46% |
| IBGA | iShares iBonds Dec 2044 Term Treasury ETF | -0.44% |
| IBGB | iShares iBonds Dec 2045 Term Treasury ETF | -0.44% |
Analyzing the Weekly Flows
The FI: Specialty channel attracted a total net flow of $294M this week. Demand was highly concentrated, with the “Specialty Defined Maturity” category capturing the vast majority of these inflows at $292M, bringing its massive AUM base up to $68.9B. Meanwhile, the “Specialty – Interest Rate Volatility” category saw the lowest relative activity, ending the week flat with $0M in 5-day flows.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Specialty Defined Maturity | 120 | $68.9B | $292M | $731M | $3,704M | $5,789M | $21,761M |
| Fixed Income: Specialty – Maturing Ladder | 20 | $0.1B | $2M | $3M | $13M | $13M | -$173M |
| Specialty – Interest Rate Volatility | 8 | $0.9B | $0M | -$69M | -$55M | -$84M | $181M |
Top & Bottom 5 ETFs by 5-Day Flow
Leading the pack for individual creations was the BSCU (Invesco BulletShares 2030 Corporate Bond ETF), which absorbed $33M in new assets. Conversely, the BSCQ (Invesco BulletShares 2026 Corporate Bond ETF) and IBDU (iShares iBonds Dec 2029 Term Corporate ETF) saw the most significant redemptions, bleeding -$18M and -$11M, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| BSCU | Invesco BulletShares 2030 Corporate Bond ETF | $33M |
| MYCH | State Street My2028 Corporate Bond ETF | $31M |
| BSMW | Invesco BulletShares 2032 Municipal Bond ETF | $28M |
| IBHI | iShares iBonds 2029 Term High Yield and Income ETF | $26M |
| BSMY | Invesco BulletShares 2034 Municipal Bond ETF | $20M |
| Outflows | ||
| BSCQ | Invesco BulletShares 2026 Corporate Bond ETF | -$18M |
| IBDU | iShares iBonds Dec 2029 Term Corporate ETF | -$11M |
| BSJQ | Invesco BulletShares 2026 High Yield Corp Bond ETF | -$9M |
| IBHF | iShares iBonds 2026 Term High Yield and Income ETF | -$5M |
| IBDY | iShares iBonds Dec 2033 Term Corporate ETF | -$4M |
Issuer League Table Update
The competitive landscape remains heavily top-weighted, with the top 2 issuers—iShares and Invesco—commanding 57.95% and 39.55% of the channel’s market share, respectively. This week, iShares led all issuers by gathering $139M in net inflows. On the flip side, no issuers experienced net negative flows, with brands like KraneShares, Global X, and Vanguard remaining flat at $0M for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 57 | $40.50B | 57.95% |
| Invesco | 28 | $27.64B | 39.55% |
| State Street | 21 | $0.70B | 1.00% |
| Quadratic | 1 | $0.34B | 0.48% |
| Simplify | 2 | $0.26B | 0.37% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $139M |
| Invesco | $125M |
| State Street | $29M |
| Outflows | |
| KraneShares | $0M |
| Global X | $0M |
| Vanguard | $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.
