Weekly Channel Summary
This week, the FI: Taxable ETF channel, comprising 631 ETFs from 132 issuers, reached a total of $1,965B in assets under management. The channel saw significant net inflows of $10.00B over the past 5 days, contributing to a year-to-date (YTD) flow of $302.37B and a total of $351.58B over the past year.
This Week’s Performance Leaders and Laggards
The Convertible category led performance with a 0.91% week-to-date (WTD) return, continuing its strong run and holding the top YTD performance at 23.50%. The primary laggard this week was the International category, which posted a -0.26% WTD return, though it remains up 11.11% year-to-date.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Convertible | 0.91% | 2.54% | 6.36% | 21.43% | 23.50% | 27.64% |
| Preferred Stock | 0.62% | 0.10% | 3.56% | 7.57% | 6.16% | 4.36% |
| Emerging USD | 0.59% | 0.93% | 5.03% | 9.64% | 11.15% | 10.70% |
| Long-Term | 0.48% | 2.28% | 6.61% | 8.71% | 9.76% | 7.16% |
| High Yield | 0.42% | 0.20% | 2.22% | 6.28% | 7.13% | 7.77% |
| Bank Loans | 0.34% | 0.01% | 0.70% | 4.25% | 4.07% | 5.65% |
| Corporate | 0.28% | 1.21% | 3.86% | 6.49% | 8.14% | 7.30% |
| Multisector Taxable | 0.27% | 0.73% | 2.96% | 5.38% | 6.66% | 6.50% |
| Emerging | 0.26% | 0.28% | 2.97% | 7.87% | 11.28% | 9.99% |
| Government Long | 0.26% | 2.79% | 7.09% | 5.77% | 8.27% | 3.79% |
| Inflation Protected | 0.20% | 0.66% | 2.54% | 3.74% | 7.39% | 6.37% |
| Core Enhanced | 0.20% | 1.15% | 3.80% | 5.47% | 7.51% | 6.69% |
| Core | 0.17% | 1.20% | 3.71% | 4.97% | 7.23% | 6.45% |
| Ultrashort | 0.12% | 0.43% | 1.42% | 3.06% | 4.31% | 5.30% |
| Securitized | 0.11% | 0.98% | 3.36% | 4.92% | 7.29% | 7.11% |
| Short-Term | 0.10% | 0.59% | 2.06% | 3.71% | 5.62% | 6.10% |
| Government Ultrashort | 0.07% | 0.34% | 1.11% | 2.13% | 3.48% | 4.39% |
| Government Intermediate | 0.04% | 1.07% | 3.25% | 3.82% | 7.25% | 6.08% |
| International USD | 0.03% | 0.95% | 1.76% | 2.30% | 3.61% | 4.14% |
| Government Short | 0.03% | 0.58% | 1.83% | 2.57% | 4.79% | 5.03% |
| International | -0.26% | -0.10% | 0.24% | 2.79% | 11.11% | 7.21% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing ETF this week was VPC (Virtus Private Credit Strategy ETF) with a 2.21% return. The two worst-performing ETFs were BWX (SPDR Bloomberg International Treasury Bond ETF) at -0.64% and CRDT (Simplify Opportunistic Income ETF) at -0.62%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| VPC | Virtus Private Credit Strategy ETF | 2.21% |
| CVRT | Calamos Convertible Equity Alternative ETF | 1.60% |
| PFXF | VanEck Preferred Securities ex Financials ETF | 1.31% |
| SPFF | Global X Superincome Preferred ETF | 1.20% |
| FCVT | First Trust SSI Strategic Convertible Securities ETF | 1.17% |
| Bottom Performers | ||
| BWX | SPDR Bloomberg International Treasury Bond ETF | -0.64% |
| CRDT | Simplify Opportunistic Income ETF | -0.62% |
| BWZ | SPDR Bloomberg Short Term International Treasury Bond ETF | -0.57% |
| IGOV | iShares International Treasury Bond ETF | -0.51% |
| IBND | SPDR Bloomberg International Corporate Bond ETF | -0.36% |
Analyzing the Weekly Flows
The FI: Taxable channel attracted $10,004M in net new assets this week. The FI: Multi-Sector segment led the way with $4,743M in inflows, followed closely by FI: Government at $3,999M. By credit type, Investment Grade funds dominated, pulling in $7,550M. Intermediate-Duration ETFs were the clear maturity preference, gathering $6,785M. On the other side, the FI: Bank Loans segment saw the largest outflows at ($262M).
Flows by Segment
| Segment | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| FI: Multi-Sector | 259 | $800.4B | $4,743M | $20,989M | $53,961M | $140,714M | $170,437M |
| FI: Government | 112 | $598.7B | $3,999M | $8,554M | $35,170M | $95,252M | $93,526M |
| FI: Corporate | 163 | $366.4B | $1,522M | $8,346M | $21,739M | $34,696M | $40,733M |
| FI: Preferred Stock | 24 | $40.0B | $84M | $326M | $1,188M | $1,648M | $2,022M |
| FI: Cat Bonds | 1 | $0.0B | $2M | $3M | $5M | $14M | $14M |
| FI: Securitized | 37 | $102.9B | ($83M) | $1,296M | $5,403M | $19,166M | $25,481M |
| FI: Bank Loans | 33 | $56.6B | ($262M) | ($952M) | $2,803M | $10,879M | $19,372M |
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 | 327 | $1,583.2B | $7,550M | $27,706M | $91,534M | $234,821M | $268,410M |
| Credit: Blend | 155 | $200.8B | $1,554M | $7,916M | $20,774M | $47,834M | $55,982M |
| Credit: High Yield | 147 | $181.0B | $892M | $2,899M | $7,893M | $19,647M | $27,126M |
Flows by Duration
| Duration | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Duration: Intermediate | 379 | $1,143.9B | $6,785M | $31,886M | $74,934M | $170,850M | $204,790M |
| Duration: Long | 56 | $196.2B | $1,410M | $4,463M | $8,527M | $8,544M | ($1,814M) |
| Duration: Short | 82 | $259.3B | $1,262M | $4,797M | $14,533M | $31,888M | $38,630M |
| Duration: Ultrashort | 112 | $365.6B | $540M | ($2,626M) | $22,209M | $91,021M | $109,913M |
Top & Bottom 5 ETFs by 5-Day Flow
At the individual ETF level, IEF (iShares 7-10 Year Treasury Bond ETF) led all funds with $1,208M in new assets. The largest outflows came from USFR (WisdomTree Floating Rate Treasury Fund), which shed ($1,001M), and BSV (Vanguard Short-Term Bond ETF), which saw ($862M) in outflows.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IEF | iShares 7-10 Year Treasury Bond ETF | $1,208M |
| AGG | iShares Core U.S. Aggregate Bond ETF | $1,132M |
| GOVT | iShares U.S. Treasury Bond ETF | $1,091M |
| VGSH | Vanguard Short-Term Treasury ETF | $1,066M |
| BND | Vanguard Total Bond Market ETF | $1,064M |
| Outflows | ||
| USFR | WisdomTree Floating Rate Treasury Fund | ($1,001M) |
| BSV | Vanguard Short-Term Bond ETF | ($862M) |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | ($370M) |
| VMBS | Vanguard Mortgage-Backed Securities ETF | ($316M) |
| JAAA | Janus Henderson AAA CLO ETF | ($233M) |
Issuer League Table Update
The competitive landscape remains dominated by iShares (38.60% market share) and Vanguard (26.56% market share). iShares also led the week in flow activity, gathering $5,235M in net inflows. Among the top 10 issuers by AUM, Janus Henderson saw the largest outflows this week, with ($201M) departing the firm’s ETFs.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 80 | $758.62B | 38.60% |
| Vanguard | 29 | $522.01B | 26.56% |
| SPDR | 36 | $163.49B | 8.32% |
| JPMorgan | 18 | $69.81B | 3.55% |
| Schwab | 12 | $67.19B | 3.42% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $5,235M |
| Vanguard | $2,051M |
| JPMorgan | $542M |
| Outflows | |
| WisdomTree | ($1,002M) |
| Janus Henderson | ($201M) |
| Xtrackers | ($46M) |
For a deeper dive into these trends, access our FREE, in-depth Thematic 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 and risks 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.
