Weekly Channel Summary
The FI: Specialty channel closed the week with $68.5B in Total AUM across 127 ETFs from 14 unique issuers. The channel saw solid positive momentum this week, gathering $347M in net inflows. This weekly activity adds to a robust longer-term trend, with the channel accumulating $15.15B Year-to-Date (YTD) and $17.91B over the past year (1 Year).
This Week’s Performance Leaders and Laggards
Performance varied across the channel’s categories this week. The Fixed Income: Specialty – Interest Rate Volatility category led the pack with a Week-to-Date (WTD) return of 0.65%, though it remains down -0.75% YTD. On the other end, the Fixed Income: Specialty – Maturing Ladder category lagged with a return of -0.76%, despite sitting on a healthy 5.63% gain YTD.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Fixed Income: Specialty – Interest Rate Volatility | 0.65% | 0.63% | -0.55% | -2.07% | -0.75% | 4.20% |
| Fixed Income: Specialty – Defined Maturity | -0.18% | 0.50% | 0.90% | 3.71% | 6.15% | 5.02% |
| Fixed Income: Specialty – Maturing Ladder | -0.76% | 0.02% | 0.56% | 3.77% | 5.63% | 1.49% |
Top & Bottom 5 ETFs by Weekly Performance
Among individual funds, the PFIX (Simplify Interest Rate Hedge ETF) took the top spot with a strong WTD return of 6.37%. Conversely, the RFIX (Simplify Bond Bull ETF) and the IBGK (iShares iBonds Dec 2054 Term Treasury ETF) struggled the most, posting returns of -3.32% and -1.84% respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| PFIX | Simplify Interest Rate Hedge ETF | 6.37% |
| RYSE | Vest 10 Year Interest Rate Hedge ETF | 2.39% |
| HYKE | Vest 2 Year Interest Rate Hedge ETF | 1.61% |
| RINF | ProShares Inflation Expectations ETF | 0.84% |
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | 0.72% |
| Bottom Performers | ||
| RFIX | Simplify Bond Bull ETF | -3.32% |
| IBGK | iShares iBonds Dec 2054 Term Treasury ETF | -1.84% |
| IBGL | iShares iBonds Dec 2055 Term Treasury ETF | -1.81% |
| LFBE | LifeX 2065 Longevity Income ETF | -1.70% |
| LFDR | LifeX Durable Income ETF | -1.70% |
Analyzing the Weekly Flows
The channel attracted a total net flow of $347M this week. The vast majority of this capital went to the Specialty – Defined Maturity category, which pulled in $309M and holds a dominant $67.4B in total AUM. Activity was quieter elsewhere, with the Fixed Income: Specialty – Maturing Ladder category seeing minimal movement (SOM) for the week.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Specialty – Defined Maturity | 97 | $67.4B | $309M | $1,227M | $4,172M | $14,879M | $17,640M |
| Specialty – Interest Rate Volatility | 10 | $1.0B | $39M | $18M | $76M | $185M | $187M |
| Fixed Income: Specialty – Maturing Ladder | 20 | $0.1B | SOM | ($57M) | ($86M) | $85M | $85M |
Top & Bottom 5 ETFs by 5-Day Flow
The IBDV (iShares iBonds Dec 2030 Term Corporate ETF) secured the most capital this week. On the outflow side, the BSCP (Invesco Bulletshares 2025 Corporate Bond ETF) and the IBDQ (iShares iBonds Dec 2025 Term Corporate ETF) saw the largest redemptions.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IBDV | iShares iBonds Dec 2030 Term Corporate ETF | $66M |
| BSCR | Invesco BulletShares 2027 Corporate Bond ETF | $56M |
| IBDR | iShares iBonds Dec 2026 Term Corporate ETF | $42M |
| IVOL | KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF | $39M |
| IBDT | iShares iBonds Dec 2028 Term Corporate ETF | $34M |
| Outflows | ||
| BSCP | Invesco Bulletshares 2025 Corporate Bond ETF | ($140M) |
| IBDQ | iShares iBonds Dec 2025 Term Corporate ETF | ($68M) |
| IBTF | iShares iBonds Dec 2025 Term Treasury ETF | ($49M) |
| IBHE | iShares iBonds 2025 Term High Yield & Income ETF | ($13M) |
| BSJP | Invesco BulletShares 2025 High Yield Corporate Bond ETF | ($9M) |
Issuer League Table Update
iShares and Invesco remain the dominant forces in the channel. iShares led the way in gathering assets this week with $249M in inflows, while other issuers like Stone Ridge saw minimal flow activity (SOM).
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 50 | $39.14B | 57.17% |
| Invesco | 31 | $27.99B | 40.88% |
| Quadratic | 1 | $0.47B | 0.69% |
| Simplify | 2 | $0.27B | 0.40% |
| SPDR | 16 | $0.24B | 0.34% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $249M |
| Invesco | $46M |
| Quadratic | $39M |
| Outflows | |
| ProShares | SOM |
| Simplify | SOM |
| Stone Ridge | SOM |
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.
