Weekly Channel Summary
The FI: Specialty channel closed the week with $68.4B in total assets under management across 127 ETFs and 14 issuers. Flow activity for the past week totaled ($73M). On a longer-term horizon, the channel has seen net inflows of $15.08B Year-to-Date and $17.26B over the past year.
This Week’s Performance Leaders and Laggards
The best-performing category this week was Fixed Income: Specialty – Interest Rate Volatility, posting a Week-to-Date (WTD) return of 0.10%; its Year-to-Date performance stands at 1.62%. The worst-performing category was Fixed Income: Specialty – Maturing Ladder, which saw a return of -0.31% this week, though it remains up 5.04% YTD.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Fixed Income: Specialty – Interest Rate Volatility | 0.10% | 0.30% | 0.89% | 0.71% | 1.62% | 1.98% |
| Fixed Income: Specialty – Defined Maturity | -0.07% | 0.08% | 0.50% | 3.39% | 6.10% | 5.31% |
| Fixed Income: Specialty – Maturing Ladder | -0.31% | -0.97% | -0.58% | 2.76% | 5.04% | 2.71% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing ETF this week was the Vest 10 Year Interest Rate Hedge ETF (RYSE) with a return of 1.13%. The two worst-performing ETFs were the Quadratic Deflation ETF (BNDD) at -0.95% and the iShares iBonds Dec 2054 Term Treasury ETF (IBGK) at -0.89%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| RYSE | Vest 10 Year Interest Rate Hedge ETF | 1.13% |
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | 0.63% |
| RINF | ProShares Inflation Expectations ETF | 0.37% |
| MUNA | Northern Trust 2030 Tax-Exempt Distributing Ladder ETF | 0.16% |
| IBHF | iShares iBonds 2026 Term High Yield and Income ETF | 0.16% |
| Bottom Performers | ||
| BNDD | Quadratic Deflation ETF | -0.95% |
| IBGK | iShares iBonds Dec 2054 Term Treasury ETF | -0.89% |
| IBGL | iShares iBonds Dec 2055 Term Treasury ETF | -0.89% |
| LFBE | LifeX 2065 Longevity Income ETF | -0.78% |
| LFDR | LifeX Durable Income ETF | -0.78% |
Analyzing the Weekly Flows
The FI: Specialty channel saw total net outflows of $73M this week. The Fixed Income: Specialty – Maturing Ladder category secured the most inflows with $1M (Total AUM: $0.1B). Conversely, the Fixed Income: Specialty – Defined Maturity category experienced the largest outflows of $70M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Fixed Income: Specialty – Maturing Ladder | 20 | $0.1B | $1M | ($15M) | ($85M) | $87M | $87M |
| Specialty – Interest Rate Volatility | 10 | $1.0B | ($4M) | $49M | $33M | $180M | $180M |
| Specialty Defined Maturity | 97 | $67.3B | ($70M) | $882M | $3,678M | $14,810M | $16,996M |
Top & Bottom 5 ETFs by 5-Day Flow
The iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) led in inflows this week with $77M. Meanwhile, the Invesco Bulletshares 2025 Corporate Bond ETF (BSCP) and the iShares iBonds Dec 2025 Term Treasury ETF (IBTF) saw the largest outflows of $295M and $137M, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IBTJ | iShares iBonds Dec 2029 Term Treasury ETF | $77M |
| IBDX | iShares iBonds Dec 2032 Term Corporate ETF | $41M |
| BSCY | Invesco BulletShares 2034 Corporate Bond ETF | $38M |
| IBMS | iShares iBonds Dec 2030 Term Muni Bond ETF | $30M |
| IBDV | iShares iBonds Dec 2030 Term Corporate ETF | $30M |
| Outflows | ||
| BSCP | Invesco Bulletshares 2025 Corporate Bond ETF | ($295M) |
| IBTF | iShares iBonds Dec 2025 Term Treasury ETF | ($137M) |
| IBDQ | iShares iBonds Dec 2025 Term Corporate ETF | ($111M) |
| IBDS | iShares iBonds Dec 2027 Term Corporate ETF | ($47M) |
| BSJP | Invesco BulletShares 2025 High Yield Corporate Bond ETF | ($39M) |
Issuer League Table Update
iShares and Invesco continue to lead the channel, holding 57.35% and 40.70% market share, respectively. iShares also secured the most weekly inflows with $86M, while Invesco experienced the largest outflows of $158M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 50 | $39.22B | 57.35% |
| Invesco | 31 | $27.84B | 40.70% |
| Quadratic | 1 | $0.47B | 0.69% |
| Simplify | 2 | $0.27B | 0.39% |
| SPDR | 16 | $0.24B | 0.35% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $86M |
| SPDR | $2M |
| Quadratic | $1M |
| Outflows | |
| Invesco | ($158M) |
| Simplify | ($5M) |
| ProShares | $0 |
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.
