Weekly Channel Summary
The FI: Taxable channel, comprising 641 ETFs from 132 issuers, closed the week with a total AUM of $1,966B. The channel experienced net inflows of $8.97B over the past week, contributing to a year-to-date total of $318.80B. Over the past year, the channel has seen $351.35B in net new assets.
This Week’s Performance Leaders and Laggards
This week, Securitized (0.20%) and Government Intermediate (0.17%) were the top-performing categories. Convertible was the primary laggard, down -1.58% WTD, though it remains the top performer year-to-date at 22.83%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Securitized | 0.20% | 0.58% | 2.18% | 4.30% | 7.10% | 6.97% |
| Government Intermediate | 0.17% | 0.50% | 1.71% | 3.11% | 6.88% | 6.37% |
| Government Short | 0.15% | 0.36% | 1.23% | 2.34% | 4.65% | 5.12% |
| Short-Term | 0.10% | 0.30% | 1.39% | 3.29% | 5.53% | 5.93% |
| Government Ultrashort | 0.09% | 0.35% | 1.06% | 2.14% | 3.63% | 4.36% |
| Ultrashort | 0.07% | 0.33% | 1.27% | 2.90% | 4.42% | 5.12% |
| Bank Loans | 0.03% | 0.25% | 0.99% | 3.82% | 4.32% | 5.52% |
| Core | 0.01% | 0.40% | 2.02% | 4.08% | 6.69% | 6.14% |
| Core Enhanced | 0.01% | 0.37% | 2.15% | 4.50% | 6.96% | 6.29% |
| Emerging | -0.04% | 0.69% | 2.73% | 7.34% | 11.57% | 9.99% |
| Multisector Taxable | -0.05% | 0.24% | 1.74% | 4.52% | 6.26% | 6.06% |
| Inflation Protected | -0.09% | -0.01% | 1.25% | 3.03% | 6.75% | 5.79% |
| International | -0.11% | -0.28% | 0.00% | 2.08% | 10.44% | 7.11% |
| Preferred Stock | -0.15% | -0.57% | 2.17% | 6.17% | 5.35% | 3.40% |
| Corporate | -0.18% | -0.05% | 1.81% | 5.15% | 7.16% | 6.32% |
| International USD | -0.23% | 0.66% | 0.92% | 2.12% | 3.49% | 4.57% |
| Government Long | -0.30% | 0.79% | 3.05% | 4.14% | 6.69% | 3.54% |
| High Yield | -0.30% | -0.23% | 1.66% | 5.37% | 6.73% | 6.81% |
| Emerging USD | -0.36% | 1.20% | 3.90% | 9.22% | 11.32% | 10.64% |
| Long-Term | -0.48% | -0.20% | 2.63% | 6.66% | 7.71% | 5.20% |
| Convertible | -1.58% | -1.28% | 5.57% | 14.31% | 22.83% | 23.61% |
Top & Bottom 5 ETFs by Weekly Performance
The best-performing ETF this week was the Virtus InfraCap U.S. Preferred Stock ETF (PFFA) with a 0.85% return. The two worst performers were REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) at -4.24% and Digital Asset Debt Strategy ETF (DADS) at -3.46%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| PFFA | Virtus InfraCap U.S. Preferred Stock ETF | 0.85% |
| CRDT | Simplify Opportunistic Income ETF | 0.69% |
| TYA | Simplify Intermediate Term Treasury Futures Strategy ETF | 0.55% |
| TUA | Simplify Short Term Treasury Futures Strategy ETF | 0.51% |
| FEMB | First Trust Emerging Markets Local Currency Bond ETF | 0.46% |
| Bottom Performers | ||
| BMAX | REX Bitcoin Corporate Treasury Convertible Bond ETF | -4.24% |
| DADS | Digital Asset Debt Strategy ETF | -3.46% |
| DRSK | Aptus Defined Risk ETF | -1.80% |
| ICVT | iShares Convertible Bond ETF | -1.53% |
| CWB | State Street SPDR Bloomberg Convertible Securities ETF | -1.41% |
Analyzing the Weekly Flows
The channel saw $8.96B in total net inflows this week. The leading Segment was FI: Multi-Sector with $4.39B in. For Credit Type, Credit: Investment Grade led with $7.52B. Duration: Ultrashort was the top duration category, attracting $3.65B. The largest outflows were seen in Credit: High Yield, which lost ($141M).
Flows by Segment
| Segment | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| FI: Multi-Sector | 263 | $803.4B | $4,389M | $20,636M | $55,330M | $149,445M | $169,568M |
| FI: Government | 113 | $596.0B | $3,136M | $14,154M | $34,417M | $98,980M | $93,597M |
| FI: Corporate | 163 | $367.9B | $1,184M | $6,729M | $22,323M | $38,847M | $43,924M |
| FI: Bank Loans | 33 | $56.8B | $211M | ($1,566M) | $2,316M | $11,252M | $18,242M |
| FI: Securitized | 37 | $101.6B | $58M | ($64M) | $3,983M | $18,465M | $23,955M |
| FI: Cat Bonds | 1 | $0.0B | $1M | $4M | $6M | $16M | $16M |
| FI: Preferred Stock | 24 | $39.6B | ($17M) | $215M | $1,199M | $1,712M | $1,965M |
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 | 328 | $1,581.6B | $7,515M | $32,375M | $90,878M | $247,008M | $270,012M |
| Credit: Blend | 158 | $202.7B | $1,580M | $7,381M | $21,656M | $51,053M | $54,689M |
| Credit: High Yield | 147 | $181.1B | ($141M) | $314M | $6,970M | $20,584M | $26,496M |
Flows by Duration
| Duration | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Duration: Ultrashort | 113 | $366.4B | $3,647M | $3,473M | $17,347M | $93,379M | $108,547M |
| Duration: Intermediate | 382 | $1,143.6B | $2,555M | $25,323M | $76,725M | $179,580M | $203,476M |
| Duration: Short | 82 | $261.2B | $1,648M | $6,339M | $13,851M | $34,819M | $40,728M |
| Duration: Long | 56 | $194.1B | $1,103M | $4,935M | $11,581M | $10,867M | ($1,554M) |
Top & Bottom 5 ETFs by 5-Day Flow
The iShares 0-3 Month Treasury Bond ETF (SGOV) led individual fund inflows, gathering $1.37B. The largest outflows came from iShares iBoxx $ High Yield Corporate Bond ETF (HYG) with ($522M) and Schwab Intermediate-Term US Treasury ETF (SCHR) with ($478M).
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SGOV | iShares 0-3 Month Treasury Bond ETF | $1,368M |
| TLT | iShares 20+ Year Treasury Bond ETF | $743M |
| BIL | State Street SPDR Bloomberg 1-3 Month T-Bill ETF | $672M |
| JPST | JPMorgan Ultra-Short Income ETF | $542M |
| VCSH | Vanguard Short-Term Corporate Bond ETF | $455M |
| Outflows | ||
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | ($522M) |
| SCHR | Schwab Intermediate-Term US Treasury ETF | ($478M) |
| SCHO | Schwab Short-Term US Treasury ETF | ($408M) |
| EMB | iShares JP Morgan USD Emerging Markets Bond ETF | ($374M) |
| IAGG | iShares Core International Aggregate Bond ETF | ($334M) |
Issuer League Table Update
The top two issuers by market share remain iShares (38.34%) and Vanguard (26.67%). Vanguard led all issuers in weekly inflows with $3.53B, while Schwab saw the largest outflows among top issuers, losing ($1.02B).
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 82 | $753.79B | 38.34% |
| Vanguard | 29 | $524.24B | 26.67% |
| SPDR | 38 | $162.82B | 8.28% |
| JPMorgan | 18 | $70.86B | 3.60% |
| Schwab | 12 | $67.12B | 3.41% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $3,529M |
| iShares | $1,919M |
| JPMorgan | $940M |
| Outflows | |
| Schwab | ($1,021M) |
| Janus Henderson | ($95M) |
| WisdomTree | ($87M) |
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.
