State Street Leads Inflows as Aggressive Strategies Rally

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Weekly Channel Summary

The Multi-Asset ETF channel encompasses a broad landscape of 143 ETFs from 81 unique brands, managing a combined Total AUM of $38.33B. Recent capital movements showcase healthy continued interest across these strategies. For the past week, the channel gathered a 5-Day net flow of $112M. Over longer timeframes, sustained investor confidence is evident with Year-To-Date (YTD) flows sitting at $5,292M and 1-Year flows totaling $11,420M.

This Week’s Performance Leaders and Laggards

Target Risk Performance

Aggressive allocation strategies led the Target Risk complex this week with a notable 2.35% gain. The Moderate and Global Macro categories followed closely, each advancing by approximately 1.6%. On an individual fund level, Adaptive Core ETF (RULE) vastly outperformed peers with a massive 9.25% advance, while a few Global Macro strategies like the Cambria Tactical Yield ETF (TYLD) and Hedgeye Capital Allocation ETF (HECA) lagged the group.

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Aggressive 2.35% 7.86% 6.53% 11.59% 9.36% 27.61%
Moderate 1.68% 4.53% 3.91% 10.02% 8.34% 23.56%
Global Macro 1.66% 4.97% 3.96% 10.86% 8.84% 25.34%
Growth 1.53% 3.92% 2.76% 8.13% 6.35% 21.67%
Conservative 0.64% 1.98% 2.04% 5.23% 4.02% 12.73%
Ticker Fund Name WTD Performance
Top 5 Performers
RULE Collaborative Investment Series Trust – Adaptive Core ETF 9.25%
DRAI Draco Evolution Al ETF 5.70%
AGOX Adaptive Alpha Opportunities ETF 5.54%
MDAA Myriad Dynamic Asset Allocation ETF 5.34%
CLSM ETC Cabana Target Leading Sector Moderate ETF 4.50%
Bottom 5 Performers
LOTI Liberty One Tactical Income ETF -0.89%
PWS Pacer WealthShield ETF -0.38%
HECA Hedgeye Capital Allocation ETF -0.37%
HIDE Alpha Architect High Inflation & Deflation ETF -0.15%
TYLD Cambria Tactical Yield ETF 0.07%

Specialty Performance

Specialty categories delivered muted, yet positive returns over the week. Real Assets marginally outperformed with a WTD return of 0.45%, while Multi-Asset Income posted a slight gain of 0.26%. The LOGIQ Contrarian Opportunities ETF (LCO) led the pack, pulling ahead with a 3.03% move.

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Real Assets 0.45% 2.93% 7.35% 19.12% 16.46% 38.57%
Multi-Asset Income 0.26% 3.06% 2.37% 6.85% 5.30% 16.61%
Ticker Fund Name WTD Performance
Top 5 Performers
LCO LOGIQ Contrarian Opportunities ETF 3.03%
CANQ Calamos Nasdaq Equity & Income ETF 2.77%
RAA SMI 3Fourteen REAL Asset Allocation ETF 2.18%
AMAX Adaptive Hedged Multi-Asset Income ETF 1.89%
JFLI JPMorgan Flexible Income ETF 1.39%
Bottom 5 Performers
HIPS GraniteShares HIPS US High Income ETF -2.72%
HYIN WisdomTree Private Credit and Alternative Income Fund -1.83%
RLY State Street Multi-Asset Real Return ETF -0.75%
MDIV Multi-Asset Diversified Income Index Fund -0.27%
INCM Franklin Income Focus ETF Income Focus ETF -0.22%

Alternative Asset Sleeve Performance

The Alternative Asset Sleeve was an unequivocal standout across the Multi-Asset space, yielding a robust 3.40% WTD. Digital asset allocations served as significant tailwinds, helping HECO (State Street Galaxy Hedged Digital Asset Ecosystem ETF) surge 14.10% and pushing BITS up over 10%.

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Alternative Asset Sleeve 3.40% 9.50% 10.47% 10.36% 13.33% 40.73%
Ticker Fund Name WTD Performance
Top 5 Performers
HECO State Street Galaxy Hedged Digital Asset Ecosystem ETF 14.10%
BITS Global X Blockchain & Bitcoin Strategy ETF 10.09%
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund 8.96%
NTSE WisdomTree Emerging Markets Efficient Core Fund 7.28%
ISBG IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF 6.81%
Bottom 5 Performers
WTIB USCF Oil Plus Bitcoin Strategy Fund -2.99%
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF -1.90%
RSBY Return Stacked Bonds & Futures Yield ETF -0.34%
RSBA Return Stacked Bonds & Merger Arbitrage ETF 0.04%
NTSI WisdomTree International Efficient Core Fund 1.02%

Analyzing the Weekly Flows

The channel registered positive overall momentum with $112M in net inflows over the last 5 days. Much of this appetite was directed toward the Target Risk – Growth category, which swept up $104M in new assets, spearheaded by massive institutional-sized flows into ALLW and CGBL. Conversely, Global Macro strategies witnessed the heaviest headwinds, bleeding -$26M in the period, exacerbated by sharp redemptions in GMOM.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Target Risk – Growth 11 $11.19B $104M $471M $1,289M $1,906M $4,560M
Specialty Real Assets 4 $2.86B $28M $236M $909M $1,098M $1,398M
Target Risk – Conservative 6 $1.28B $17M $19M $77M $63M $151M
Specialty – Multi-Asset Income 25 $5.54B $7M $163M $310M $446M $1,143M
Target Risk – Aggressive 3 $3.42B $0M $34M $131M $182M $451M
Target Risk – Moderate 20 $3.59B -$1M $4M $80M $44M $205M
Specialty – Alternative Asset Sleeve 33 $4.86B -$16M $52M $204M $459M $1,199M
Target Risk – Global Macro 31 $5.01B -$26M $53M $703M $958M $2,002M

Top & Bottom 5 ETFs by 5-Day Flow

Ticker Fund Name 5-Day Flow
Top 5 Inflows
ALLW State Street Bridgewater All Weather ETF $122M
CGBL Capital Group Core Balanced ETF $75M
AOR iShares Core 60/40 Balanced Allocation ETF $27M
RAAX VanEck Real Assets ETF $19M
HFGM Unlimited HFGM Global Macro ETF $18M
Bottom 5 Outflows
GMOM Cambria Global Momentum ETF -$69M
TRTY Cambria Trinity ETF -$68M
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund -$31M
HECA Hedgeye Capital Allocation ETF -$20M
PCEF Invesco CEF Income Composite ETF -$12M

Issuer League Table Update

At the top of the leaderboards, iShares and Capital Group maintain their tight grip on the Multi-Asset segment, collectively commanding over 42% of the channel’s AUM. State Street, however, seized the top spot for weekly asset gathering by bringing in $128M. Conversely, Cambria experienced the sharpest weekly contraction as significant outflows pared down its momentum-focused offerings.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 19 $9.92B 25.88%
Capital Group 1 $6.29B 16.41%
WisdomTree 8 $2.82B 7.36%
SPDR 3 $1.58B 4.13%
State Street 2 $1.53B 4.00%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Top 3 Inflows
State Street $128M
Capital Group $75M
iShares $36M
Bottom 3 Outflows
Cambria -$136M
WisdomTree -$29M
Hedgeye -$20M

For a deeper dive into these trends, access our FREE, in-depth 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.