Weekly Channel Summary
The Fixed Income: Specialty ETF channel oversees a total of $69B in assets under management (AUM) across 127 unique ETFs, managed by 14 different issuers. The segment experienced positive momentum in recent periods, gathering $338M in net inflows over the past 5 days. This short-term accumulation adds to a strong longer-term trend, with year-to-date flows reaching $4.11B and 1-year flows totaling $21.93B.
Analyzing the Weekly Flows
The channel recorded a net total of $338M in inflows this week. Driving the bulk of this activity was the Specialty – Defined Maturity category, which gathered $335M. Looking at the segment breakdown, FI: Corporate captured the majority of the flows with $254M in net new assets. Breaking down the flows further by duration reveals that the Duration: 2028 segment was the primary driver of new assets, gathering $93M, while the Duration: 2026 segment experienced the largest outflows, shedding $14M.
Category Flows Summary
| ETFA Category | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Specialty – Defined Maturity | 97 | $67.6B | $335M | $1,743M | $8,211M | $4,111M | $22,018M |
| Specialty – Interest Rate Volatility | 10 | $0.9B | $4M | $13M | $55M | ($4M) | $77M |
| Fixed Income: Specialty – Maturing Ladder | 20 | $0.1B | $0M | $3M | $4M | $0M | ($167M) |
| Total | 127 | $68.7B | $338M | $1,759M | $8,270M | $4,107M | $21,928M |
Segment Flows Summary
| Segment | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| FI: Corporate | 45 | $52.3B | $254M | $1,248M | $5,946M | $3,065M | $16,192M |
| FI: Government | 56 | $11.7B | $50M | $376M | $1,675M | $723M | $4,112M |
| FI: Municipal | 26 | $4.7B | $35M | $134M | $649M | $320M | $1,624M |
| Grand Total | 127 | $68.7B | $338M | $1,759M | $8,270M | $4,107M | $21,928M |
Duration Flows Summary
| Duration | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Duration: 2026 | 10 | $13.4B | ($14M) | ($268M) | $235M | ($292M) | $1,461M |
| Duration: 2027 | 10 | $12.7B | $35M | $242M | $1,056M | $621M | $3,848M |
| Duration: 2028 | 11 | $11.1B | $93M | $427M | $1,678M | $946M | $3,697M |
| Duration: 2029 | 10 | $9.3B | $50M | $348M | $1,463M | $795M | $3,526M |
| Duration: 2030 | 14 | $7.3B | $44M | $245M | $1,368M | $653M | $3,257M |
| Duration: 2031 | 10 | $4.9B | $48M | $257M | $754M | $438M | $2,046M |
| Duration: 2032 | 9 | $3.8B | $15M | $128M | $582M | $284M | $1,485M |
| Duration: 2033 | 8 | $2.6B | $48M | $123M | $306M | $190M | $928M |
| Duration: 2034 | 7 | $1.7B | $5M | $150M | $397M | $246M | $1,055M |
| Duration: 2035 | 11 | $0.8B | $10M | $90M | $368M | $227M | $487M |
| Duration: 2044 | 1 | $0.1B | $0M | $4M | $9M | $5M | $39M |
| Duration: 2045 | 3 | $0.0B | $0M | $1M | ($1M) | ($1M) | $5M |
| Duration: 2050 | 2 | $0.0B | $0M | $0M | $0M | $0M | $2M |
| Duration: 2054 | 1 | $0.0B | $0M | $0M | $0M | $0M | $1M |
| Duration: 2055 | 5 | $0.0B | $0M | $0M | $0M | $0M | $4M |
| Duration: 2060 | 2 | $0.0B | $0M | $0M | $0M | $0M | $2M |
| Duration: 2065 | 2 | $0.0B | $0M | $0M | $0M | $0M | $7M |
Top & Bottom 5 ETFs by 5-Day Flow
At the fund level, the top ETF for inflows this week was the State Street My2028 Corporate Bond ETF (MYCH) adding a robust $38M. Alternatively, the top two ETFs for outflows were both Invesco products: the Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) shedding $18M and the Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) losing $7M.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| MYCH | State Street My2028 Corporate Bond ETF | $38M |
| IBDY | iShares iBonds Dec 2033 Term Corporate ETF | $29M |
| IBDW | iShares iBonds Dec 2031 Term Corporate ETF | $26M |
| IBDV | iShares iBonds Dec 2030 Term Corporate ETF | $24M |
| BSCT | Invesco BulletShares 2029 Corporate Bond ETF | $20M |
| Outflows | ||
| BSCQ | Invesco BulletShares 2026 Corporate Bond ETF | ($18M) |
| BSJQ | Invesco BulletShares 2026 High Yield Corp Bond ETF | ($7M) |
| IBTG | iShares iBonds Dec 2026 Term Treasury ETF | ($2M) |
| BNDD | Quadratic Deflation ETF | $0M |
| IRVH | Global X Interest Rate Volatility & Inflation Hedge ETF | $0M |
Issuer League Table Update
The channel is highly concentrated, with the top 2 issuers—iShares (57.87%) and Invesco (39.89%)—controlling nearly the entire market share. Leading the pack for weekly flows, iShares successfully gathered the most in net new assets with $229M. Remarkably, no issuer recorded aggregate net outflows this week, with the bottom echelon of issuers like KraneShares and Global X remaining flat over the past 5 days.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 47 | $39.77B | 57.87% |
| Invesco | 28 | $27.42B | 39.89% |
| Quadratic | 1 | $0.49B | 0.71% |
| State Street | 16 | $0.46B | 0.66% |
| Simplify | 2 | $0.22B | 0.32% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $229M |
| Invesco | $64M |
| State Street | $41M |
| Outflows | |
| KraneShares | $0M |
| Global X | $0M |
| Stone Ridge | $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.
