Weekly Channel Summary
The FI: Specialty ETF channel currently encompasses 132 ETFs across 14 issuers, representing $68.8B in Total Assets Under Management (AUM). Flow activity for the channel remained positive over the past week, bringing in $248M in 5-Day flows. This recent activity contributes to a solid Year-to-Date (YTD) net flow of $4.75B and an impressive 1-Year flow total of $21.69B.
This Week’s Performance Leaders and Laggards
Performance across the channel saw varying results this week. The “Fixed Income: Specialty – Interest Rate Volatility” category led the pack, posting a Week-to-Date (WTD) return of 0.81%, pushing its YTD performance to a solid 2.25%. Conversely, the “Fixed Income: Specialty – Maturing Ladder” category lagged, recording a WTD drop of -1.00%, though it remains slightly positive YTD at 0.17%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Fixed Income: Specialty – Interest Rate Volatility | 0.81% | 2.02% | 1.10% | 1.85% | 2.25% | 0.45% |
| Fixed Income: Specialty – Defined Maturity | -0.65% | -0.92% | 0.49% | 0.97% | 0.13% | 5.23% |
| Fixed Income: Specialty – Maturing Ladder | -1.00% | -1.49% | 0.45% | -0.14% | 0.17% | 1.64% |
Top & Bottom 5 ETFs by Weekly Performance
Looking at individual products, the Simplify Interest Rate Hedge ETF (PFIX) secured the top spot with a robust 5.30% WTD return. On the other end of the spectrum, the Simplify Bond Bull ETF (RFIX) and the iShares iBonds Dec 2055 Term Treasury ETF (IBGL) were the primary laggards, posting WTD returns of -2.45% and -2.09%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| PFIX | Simplify Interest Rate Hedge ETF | 5.30% |
| HYKE | Vest 2 Year Interest Rate Hedge ETF | 2.88% |
| RYSE | Vest 10 Year Interest Rate Hedge ETF | 2.57% |
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | 1.27% |
| RINF | ProShares Inflation Expectations ETF | 0.49% |
| Bottom Performers | ||
| RFIX | Simplify Bond Bull ETF | -2.45% |
| IBGL | iShares iBonds Dec 2055 Term Treasury ETF | -2.09% |
| IBGK | iShares iBonds Dec 2054 Term Treasury ETF | -2.08% |
| IBGB | iShares iBonds Dec 2045 Term Treasury ETF | -1.93% |
| LFBE | LifeX 2065 Longevity Income ETF | -1.90% |
Analyzing the Weekly Flows
The channel attracted a total of $248M in net flows this week. The “Specialty – Defined Maturity” category captured the lion’s share of this capital, bringing in $252M to elevate its total AUM to $67.7B. Meanwhile, the “Specialty – Interest Rate Volatility” category experienced the most significant outflows, shedding -$8M over the 5-day period.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Specialty – Defined Maturity | 97 | $67.7B | $252M | $1,255M | $7,557M | $4,756M | $21,784M |
| Fixed Income: Specialty – Maturing Ladder | 20 | $0.1B | $4M | $13M | $12M | $9M | -$159M |
| Specialty – Interest Rate Volatility | 10 | $0.9B | -$8M | -$10M | $2M | -$17M | $63M |
Top & Bottom 5 ETFs by 5-Day Flow
At the fund level, the Invesco BulletShares 2027 Corporate Bond ETF (BSCR) attracted the highest individual inflows, taking in $53M. Conversely, the Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) and the FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) saw the largest outflows, losing -$85M and -$8M, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| BSCR | Invesco BulletShares 2027 Corporate Bond ETF | $53M |
| IBDU | iShares iBonds Dec 2029 Term Corporate ETF | $37M |
| IBDT | iShares iBonds Dec 2028 Term Corporate ETF | $32M |
| MYCH | State Street My2028 Corporate Bond ETF | $21M |
| BSCU | Invesco BulletShares 2030 Corporate Bond ETF | $20M |
| Outflows | ||
| BSCQ | Invesco BulletShares 2026 Corporate Bond ETF | -$85M |
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | -$8M |
| BSJR | Invesco BulletShares 2027 High Yield Corporate Bond ETF | -$2M |
| IBTG | iShares iBonds Dec 2026 Term Treasury ETF | -$1M |
| PFIX | Simplify Interest Rate Hedge ETF | -$1M |
Issuer League Table Update
iShares and Invesco continue to dominate the FI: Specialty landscape, holding 57.82% and 39.82% of the market share, respectively. iShares also led the weekly flow race, gathering an impressive $197M in new assets. On the other hand, FolioBeyond experienced the steepest weekly outflows among issuers, shedding -$8M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 47 | $39.80B | 57.82% |
| Invesco | 28 | $27.41B | 39.82% |
| State Street | 21 | $0.54B | 0.78% |
| Quadratic | 1 | $0.49B | 0.71% |
| Simplify | 2 | $0.22B | 0.32% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $197M |
| State Street | $29M |
| Invesco | $26M |
| Outflows | |
| FolioBeyond | -$8M |
| Simplify | -$2M |
| ProShares | $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.
