Weekly Channel Summary
The taxable fixed income ETF channel continues to show significant strength as of February 13, 2026. The universe now encompasses 671 ETFs across 139 brands, commanding a massive $2,112 billion in total assets under management (AUM). Investor conviction remains high, evidenced by robust weekly net inflows of $15.88 billion. This momentum contributes to a substantial Year-To-Date (YTD) flow of $70.59 billion, building upon the impressive $400.52 billion gathered over the trailing one-year period. Innovation also remains a core driver for the channel, with 32 new ETF launches occurring in just the past three months.
This Week’s Performance Leaders and Laggards
Performance this week was largely dominated by duration-sensitive segments as interest rates shifted. The Government Long category led the way with a stellar 2.33% weekly return, while Long-Term taxable bonds followed closely at 1.42%. On the other end of the spectrum, the Bank Loans category served as the primary laggard, posting a slight decline of -0.06%. Despite the weekly dip for bank loans, the category remains positive for the month, though it trails the aggressive gains seen in the long-duration and convertible segments so far this year.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Government Long | 2.33% | 2.28% | 1.46% | 4.37% | 2.66% | 6.67% |
| Long-Term | 1.42% | 1.58% | 2.26% | 4.38% | 2.12% | 8.61% |
| International | 0.93% | 2.50% | 2.90% | 2.79% | 2.23% | 12.37% |
| Emerging USD | 0.88% | 1.82% | 2.92% | 6.32% | 1.86% | 12.76% |
| Government Intermediate | 0.86% | 1.08% | 1.55% | 3.04% | 1.17% | 7.81% |
| Core | 0.80% | 1.05% | 1.83% | 3.60% | 1.33% | 7.72% |
| Core Enhanced | 0.79% | 1.07% | 1.95% | 3.83% | 1.40% | 8.01% |
| Corporate | 0.72% | 0.95% | 1.86% | 3.33% | 1.21% | 8.09% |
| Securitized | 0.67% | 1.03% | 2.20% | 4.16% | 1.42% | 8.47% |
| Emerging | 0.61% | 1.74% | 3.53% | 6.20% | 2.15% | 13.95% |
| Preferred Stock | 0.55% | 0.65% | 2.65% | 3.87% | 1.68% | 6.83% |
| Multisector Taxable | 0.54% | 0.87% | 2.12% | 3.53% | 1.29% | 7.24% |
| International USD | 0.49% | 0.73% | 0.86% | 1.75% | 0.98% | 3.83% |
| Inflation Protected | 0.47% | 0.77% | 1.00% | 2.09% | 1.07% | 6.21% |
| Convertible | 0.42% | 0.76% | 5.50% | 7.92% | 5.27% | 25.12% |
| Government Short | 0.29% | 0.58% | 1.26% | 2.33% | 0.63% | 5.63% |
| Short-Term | 0.26% | 0.63% | 1.59% | 2.77% | 0.79% | 6.47% |
| High Yield | 0.15% | 0.30% | 2.10% | 3.42% | 0.81% | 7.60% |
| Government Ultrashort | 0.08% | 0.33% | 1.01% | 2.02% | 0.45% | 4.18% |
| Ultrashort | 0.07% | 0.39% | 1.28% | 2.49% | 0.59% | 5.08% |
| Bank Loans | -0.06% | -0.63% | 0.62% | 1.42% | -0.22% | 4.06% |
Top & Bottom 5 ETFs by Weekly Performance
The individual leader board was topped by GOVZ (iShares 25+ Year Treasury STRIPS Bond ETF), which surged 4.31%. Conversely, VPC (Virtus Private Credit Strategy ETF) and IGBH (iShares Interest Rate Hedged Long-Term Corporate Bond ETF) struggled, posting weekly returns of -1.23% and -0.60% respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| GOVZ | iShares 25+ Year Treasury STRIPS Bond ETF | 4.31% |
| ZROZ | PIMCO 25+ Year Zero Coupon US Treasury Index ETF | 4.25% |
| EDV | Vanguard Extended Duration Treasury ETF | 3.72% |
| XTWY | BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 3.03% |
| TYA | Simplify Intermediate Term Treasury Futures Strategy ETF | 2.79% |
| Bottom Performers | ||
| BCLO | iShares BBB-B CLO Active ETF | -0.29% |
| XHYF | BondBloxx USD High Yield Bond Financial & REIT Sector ETF | -0.31% |
| HYHG | ProShares High Yield-Interest Rate Hedged ETF | -0.31% |
| IGHG | ProShares Investment Grade-Interest Rate Hedged | -0.37% |
| IGBH | iShares Interest Rate Hedged Long-Term Corporate Bond ETF | -0.60% |
| VPC | Virtus Private Credit Strategy ETF | -1.23% |
Analyzing the Weekly Flows
The channel attracted a total net inflow of $15.83 billion this week. Analysis of segment flows reveals that FI: Multi-Sector bonds led all groups with $6.49 billion in new money. From a credit perspective, Investment Grade remains the clear favorite with $11.92 billion in weekly inflows, while Intermediate Duration products continue to anchor portfolios, gathering $10.65 billion. While most areas saw positive movement, Long Duration strategies have seen the most significant pressure over the last 30 days, seeing outflows of $1.52 billion, indicating some near-term defensive positioning among investors.
Flows by Segment
| Segment | Fund Count | AUM | 5 Day Flow | 30 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|
| FI: Multi-Sector | 279 | $883.2B | $6,488M | $26,719M | $38,769M | $203,533M |
| Fl: Government | 117 | $636.0B | $4,301M | $12,212M | $15,015M | $121,247M |
| FI: Corporate | 165 | $386.0B | $4,292M | $10,080M | $11,115M | $50,312M |
| FI: Securitized | 39 | $104.5B | $481M | $715M | $1,453M | $16,863M |
| FI: Bank Loans | 37 | $61.6B | $198M | $2,574M | $4,083M | $6,654M |
| FI: Preferred Stock | 25 | $40.4B | $70M | $171M | $73M | $1,793M |
| FI: Cat Bonds | 1 | $0.0B | $2M | $9M | $10M | $44M |
Flows by Credit Type
| Credit Type | Fund Count | AUM | 5 Day Flow | 30 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|
| Credit: Investment Grade | 346 | $1,688.4B | $11,921M | $41,439M | $53,974M | $303,536M |
| Credit: Blend | 167 | $235.9B | $2,968M | $10,409M | $14,847M | $74,612M |
| Credit: High Yield | 149 | $187.3B | $942M | $622M | $1,687M | $22,182M |
Flows by Duration
| Duration | Fund Count | AUM | 5 Day Flow | 30 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|
| Duration: Intermediate | 398 | $1,237.7B | $10,654M | $35,381M | $46,352M | $244,942M |
| Duration: Ultrashort | 123 | $399.3B | $2,704M | $11,153M | $16,779M | $100,509M |
| Duration: Short | 85 | $278.3B | $2,449M | $7,461M | $9,452M | $45,819M |
| Duration: Long | 56 | $196.4B | $24M | ($1,524M) | ($2,075M) | $9,059M |
Top & Bottom 5 ETFs by 5-Day Flow
At the fund level, the LQD (iShares iBoxx $ Investment Grade Corporate Bond ETF) was the top inflow recipient, pulling in $1,119 million. On the outflow side, the TLT (iShares 20+ Year Treasury Bond ETF) saw the largest redemption of $715 million, followed by the USFR (WisdomTree Floating Rate Treasury Fund) which shed $166 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | $1,119M |
| SGOV | iShares 0-3 Month Treasury Bond ETF | $884M |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | $857M |
| BNDX | Vanguard Total International Bond ETF | $651M |
| USHY | iShares Broad USD High Yield Corporate Bond ETF | $578M |
| Outflows | ||
| GTO | Invesco Total Return Bond ETF | ($95M) |
| ZROZ | PIMCO 25+ Year Zero Coupon US Treasury Index ETF | ($105M) |
| SRLN | State Street Blackstone Senior Loan ETF | ($130M) |
| USFR | WisdomTree Floating Rate Treasury Fund | ($166M) |
| TLT | iShares 20+ Year Treasury Bond ETF | ($715M) |
Issuer League Table Update
The issuer landscape continues to be defined by the “Big Two,” with iShares maintaining its top spot with 37.61% market share, followed by Vanguard at 26.76%. During the week, iShares further cemented its dominance by gathering $6.47 billion in new assets. Among the top-tier issuers, WisdomTree saw the largest net weekly outflows, shedding $158 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 86 | $794.25B | 37.61% |
| Vanguard | 30 | $565.16B | 26.76% |
| SPDR | 39 | $165.48B | 7.84% |
| JPMorgan | 19 | $80.62B | 3.82% |
| Schwab | 12 | $72.17B | 3.42% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $6,468M |
| Vanguard | $4,166M |
| SPDR | $945M |
| Outflows | |
| WisdomTree | ($158M) |
| Global X | ($81M) |
| Strive | ($11M) |
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.
