Weekly Channel Summary
The Multi-Asset ETF channel currently represents $34.70B in total Assets Under Management (AUM) across 144 individual products from 83 brands. The channel experienced solid net inflows over the past 5 days totaling $244M. This recent capital injection brings the Year-to-Date (YTD) channel flows up to $3.71B, with robust 1-Year trailing net flows sitting at $10.30B.
This Week’s Performance Leaders and Laggards
Target Risk Performance
All Target Risk categories faced headwinds this week. Conservative strategies were the most insulated, dropping -0.98%, while Global Macro funds saw the steepest average decline at -1.98%. Among individual funds, Cambria Tactical Yield ETF (TYLD) managed to hold positive ground, whereas Unlimited HFGM Global Macro ETF (HFGM) took a significant hit.
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Conservative | -0.98% | -2.69% | 0.20% | 1.47% | 0.00% | 7.38% |
| Growth | -1.74% | -6.18% | -1.97% | -0.14% | -2.09% | 11.47% |
| Moderate | -1.76% | -5.19% | 0.47% | 2.79% | 0.16% | 13.11% |
| Aggressive | -1.78% | -6.16% | -2.62% | 0.27% | -2.88% | 15.13% |
| Global Macro | -1.98% | -5.47% | 0.14% | 3.27% | 0.10% | 14.12% |
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 Target Risk ETFs | ||
| TYLD | Cambria Tactical Yield ETF | 0.04% |
| GDMA | Gadsden Dynamic Multi-Asset ETF | -0.05% |
| KNOW | Fundamentals First ETF | -0.30% |
| DDV | Defined Duration 5 ETF | -0.48% |
| NDOW | Anydrus Advantage ETF | -0.75% |
| Bottom 5 Target Risk ETFs | ||
| HFGM | Unlimited HFGM Global Macro ETF | -4.79% |
| ARP | PMV Adaptive Risk Parity ETF | -4.49% |
| UPAR | UPAR Ultra Risk Parity ETF | -3.77% |
| RHTX | RH Tactical Outlook ETF | -3.76% |
| CLSM | ETC Cabana Target Leading Sector Moderate ETF | -3.57% |
Specialty Performance
Real Assets faced pressure this week as the category drew down -2.49%, although it remains the best-performing category Year-to-Date. Multi-Asset Income performed relatively better, posting a -1.20% decline. ERNZ defied the weekly drop, printing a slight gain of 0.05%.
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Multi-Asset Income | -1.20% | -4.33% | -0.34% | 0.10% | -0.65% | 6.94% |
| Real Assets | -2.49% | -3.43% | 8.69% | 13.26% | 8.26% | 28.42% |
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 Specialty ETFs | ||
| ERNZ | TrueShares Active Yield ETF | 0.05% |
| YFYA | Yields for You Income Strategy A ETF | -0.30% |
| CEFS | Saba Closed End Funds ETF | -0.31% |
| THRV | Prospera Income ETF | -0.34% |
| HIPS | GraniteShares HIPS US High Income ETF | -0.43% |
| Bottom 5 Specialty ETFs | ||
| RAAX | VanEck Real Assets ETF | -3.49% |
| CEFD | ETRACS Monthly Pay 1.5X Leveraged CEF Index ETN | -3.05% |
| LCO | LOGIQ Contrarian Opportunities ETF | -2.94% |
| AMAX | Adaptive Hedged Multi-Asset Income ETF | -2.85% |
| PPI | Astoria Real Assets ETF | -2.44% |
Alternative Asset Sleeve Performance
The Alternative Asset Sleeve experienced heavy volatility, leading all categories downwards with a steep -4.69% drop this week. Crypto and gold-linked strategies dragged down the average considerably, though select stacked yield and bonds/futures strategies like RSBY (3.24%) managed to shine through the broader weakness.
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Alternative Asset Sleeve | -4.69% | -4.45% | -2.94% | -3.65% | -2.66% | 23.88% |
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 Alternative Asset Sleeve ETFs | ||
| RSBY | Return Stacked Bonds & Futures Yield ETF | 3.24% |
| RSSY | Return Stacked U.S. Stocks & Futures Yield ETF | 2.03% |
| WTIB | USCF Oil Plus Bitcoin Strategy Fund | 0.12% |
| RSBA | Return Stacked Bonds & Merger Arbitrage ETF | -0.37% |
| NTSE | WisdomTree Emerging Markets Efficient Core Fund | -0.53% |
| Bottom 5 Alternative Asset Sleeve ETFs | ||
| GDMN | WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -20.77% |
| ISBG | IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF | -15.40% |
| BEGS | Rareview 2x Bull Cryptocurrency & Precious Metals ETF | -13.13% |
| BTGD | STKd 100% Bitcoin & 100% Gold ETF | -11.22% |
| GDE | WisdomTree Efficient Gold Plus Equity Strategy Fund | -10.15% |
Analyzing the Weekly Flows
Net weekly flows into the Multi-Asset channel totaled $244M. Target Risk – Global Macro led the charge with a robust $137M in net creations, heavily driven by State Street’s ALLW. On the flip side, Specialty – Multi-Asset Income experienced the largest contraction, shedding -$23M over the past 5 trading days.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Target Risk – Global Macro | 30 | $4.64B | $137M | $481M | $908M | $893M | $1,889M |
| Specialty Real Assets | 4 | $2.32B | $49M | $297M | $705M | $688M | $1,034M |
| Target Risk – Growth | 11 | $9.90B | $47M | $354M | $1,397M | $1,243M | $4,241M |
| Target Risk – Aggressive | 3 | $3.09B | $14M | $34M | $132M | $113M | $434M |
| Specialty – Alternative Asset Sleeve | 34 | $4.42B | $14M | $51M | $479M | $419M | $1,169M |
| Target Risk – Conservative | 6 | $1.21B | $6M | $34M | $44M | $33M | $137M |
| Target Risk – Moderate | 20 | $3.45B | -$4M | $39M | $91M | $35M | $218M |
| Specialty – Multi-Asset Income | 26 | $5.18B | -$23M | $17M | $212M | $192M | $884M |
Top & Bottom 5 ETFs by 5-Day Flow
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top 5 Inflows | ||
| ALLW | State Street Bridgewater All Weather ETF | $130M |
| CGBL | Capital Group Core Balanced ETF | $38M |
| RAAX | VanEck Real Assets ETF | $23M |
| RLY | State Street Multi-Asset Real Return ETF | $18M |
| INCM | Franklin Income Focus ETF | $14M |
| Top 5 Outflows | ||
| ERNZ | TrueShares Active Yield ETF | -$32M |
| GDE | WisdomTree Efficient Gold Plus Equity Strategy Fund | -$10M |
| MDIV | Multi-Asset Diversified Income Index Fund | -$7M |
| AGOX | Adaptive Alpha Opportunities ETF | -$5M |
| RPAR | RPAR Risk Parity ETF | -$3M |
Issuer League Table Update
Looking at the issuer landscape, iShares maintains its dominance with a 26.44% market share, followed closely by Capital Group at 15.50%. On the flows front, State Street emerged as the definitive winner this week, taking in $130M, while TrueShares suffered the heaviest redemptions, losing -$32M in the same timeframe.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 19 | $9.17B | 26.44% |
| Capital Group | 1 | $5.38B | 15.50% |
| WisdomTree | 7 | $2.59B | 7.46% |
| Franklin | 1 | $1.33B | 3.84% |
| SPDR | 3 | $1.32B | 3.81% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Top 3 Issuer Inflows | |
| State Street | $130M |
| Capital Group | $38M |
| iShares | $28M |
| Top 3 Issuer Outflows | |
| TrueShares | -$32.0M |
| First Trust | -$8.0M |
| Adaptive | -$4.0M |
For a deeper dive into these trends, access our FREE, in-depth 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.
