Weekly Channel Summary
The Taxable ETF channel closed the week ending January 23, 2026, with approximately $2,067B in total Assets Under Management (AUM) across 660 ETFs and 136 distinct brands. The landscape remains highly competitive, with 27 new ETF launches occurring over the past three months. Weekly flows were robust, totaling $8.47B in net new money, contributing to a Year-To-Date (YTD) total of $35.84B. Over the past year, the channel has seen significant expansion, attracting a total of $393.35B in inflows.
This Week’s Performance Leaders and Laggards
Performance was mixed across the fixed income landscape this week. International fixed income led the way with a 1.13% Week-to-Date (WTD) return, while Emerging markets also showed strength at 0.60%. On the lagging side, International USD categories struggled, posting a -0.17% return for the week. Despite the weekly dip, many categories remain in positive territory YTD, though volatility persists in longer-duration segments.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| International | 1.13% | 0.65% | 1.13% | 1.26% | 0.68% | 12.19% |
| Emerging | 0.60% | 1.36% | 3.37% | 6.35% | 1.08% | 13.84% |
| Emerging USD | 0.31% | 0.70% | 2.27% | 6.85% | 0.51% | 12.34% |
| Long-Term | 0.22% | 0.76% | -1.04% | 5.28% | 0.74% | 8.70% |
| Preferred Stock | 0.21% | 1.55% | 1.71% | 5.21% | 1.50% | 6.97% |
| Inflation Protected | 0.16% | 0.40% | -0.41% | 2.25% | 0.29% | 6.37% |
| Corporate | 0.15% | 0.44% | 0.12% | 3.79% | 0.31% | 8.06% |
| Multisector Taxable | 0.11% | 0.69% | 1.00% | 3.79% | 0.53% | 7.19% |
| High Yield | 0.10% | 0.95% | 1.86% | 3.96% | 0.73% | 7.92% |
| Ultrashort | 0.10% | 0.47% | 1.25% | 2.65% | 0.36% | 5.19% |
| Government Long | 0.09% | 0.24% | -2.47% | 4.28% | 0.31% | 6.49% |
| Core Enhanced | 0.09% | 0.44% | 0.41% | 3.97% | 0.31% | 7.73% |
| Short-Term | 0.09% | 0.36% | 0.93% | 2.90% | 0.19% | 6.25% |
| Convertible | 0.08% | 3.63% | 1.89% | 7.34% | 5.04% | 23.17% |
| Government Ultrashort | 0.06% | 0.32% | 0.98% | 2.08% | 0.23% | 4.19% |
| Government Short | 0.06% | 0.17% | 0.61% | 2.35% | 0.00% | 5.24% |
| Core | 0.06% | 0.31% | 0.19% | 3.73% | 0.18% | 7.35% |
| Securitized | 0.04% | 0.47% | 0.98% | 4.21% | 0.32% | 8.11% |
| Government Intermediate | 0.03% | 0.01% | -0.18% | 2.88% | -0.17% | 7.04% |
| Bank Loans | -0.07% | 0.75% | 1.78% | 2.34% | 0.52% | 5.14% |
| International USD | -0.17% | 0.28% | -0.35% | 1.38% | 0.12% | 3.76% |
Top & Bottom 5 ETFs by Weekly Performance
The top individual performer this week was the iShares 1-3 Year International Treasury Bond ETF (ISHG), gaining 1.89%. Conversely, the Digital Asset Debt Strategy ETF (DADS) and the REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) were the primary laggards, falling -1.25% and -1.06%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| ISHG | iShares 1-3 Year International Treasury Bond ETF | 1.89% |
| IGOV | iShares International Treasury Bond ETF | 1.59% |
| WIP | SPDR FTSE International Government Inflation-Protected Bond ETF | 1.40% |
| IBND | SPDR Bloomberg International Corporate Bond ETF | 1.32% |
| FEMB | First Trust Emerging Markets Local Currency Bond ETF | 1.32% |
| Bottom Performers | ||
| DADS | Digital Asset Debt Strategy ETF | -1.25% |
| BMAX | REX Bitcoin Corporate Treasury Convertible Bond ETF | -1.06% |
| EPRF | Innovator S&P Investment Grade Preferred ETF | -0.46% |
| CDX | Simplify High Yield ETF | -0.44% |
| CRDT | Simplify Opportunistic Income ETF | -0.31% |
Analyzing the Weekly Flows
Total net flow for the channel was a strong $8,473M this week. Multi-Sector fixed income was the clear leader by segment, bringing in $6,098M, while Investment Grade credit and Intermediate duration funds dominated their respective categories. Outflows were most concentrated in the Long duration space, which shed over $1.1B as investors adjusted their exposure to rate sensitivity.
Flows by Segment
| Segment | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| FI: Multi-Sector | 277 | $860.8B | $6,098M | $26,946M | $65,128M | $21,175M | $195,997M |
| FI: Corporate | 165 | $377.3B | $1,148M | $2,270M | $13,415M | $3,017M | $46,541M |
| FI: Bank Loans | 37 | $60.4B | $544M | $3,132M | $3,626M | $2,618M | $10,088M |
| FI: Government | 116 | $624.7B | $413M | $11,886M | $34,326M | $8,164M | $121,193M |
| FI: Securitized | 37 | $102.5B | $201M | $1,128M | $41M | $858M | $17,705M |
| FI: Preferred Stock | 25 | $40.6B | $68M | $66M | $467M | $9M | $1,790M |
| FI: Cat Bonds | 1 | $0.0B | $1M | $7M | $22M | $2M | $36M |
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 | 343 | $1,651.7B | $6,264M | $35,213M | $83,130M | $27,216M | $298,315M |
| Credit: Blend | 165 | $227.2B | $2,466M | $9,501M | $26,906M | $8,012M | $71,784M |
| Credit: High Yield | 149 | $187.4B | ($257M) | $721M | $6,934M | $616M | $23,144M |
Flows by Duration
| Duration | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Duration: Intermediate | 394 | $1,207.8B | $6,463M | $30,469M | $72,944M | $24,626M | $235,358M |
| Duration: Ultrashort | 123 | $391.8B | $2,052M | $11,351M | $25,699M | $8,856M | $104,003M |
| Duration: Short | 84 | $272.0B | $1,068M | $4,804M | $14,131M | $3,808M | $43,235M |
| Duration: Long | 56 | $194.7B | ($1,110M) | ($1,190M) | $4,196M | ($1,446M) | $10,647M |
Top & Bottom 5 ETFs by 5-Day Flow
The Vanguard Total Bond Market ETF (BND) led all taxable ETFs with a massive $1,216M in weekly inflows. On the other end of the spectrum, long-duration and high-yield vehicles faced pressure, with the iShares 20+ Year Treasury Bond ETF (TLT) and the iShares iBoxx $ High Yield Corporate Bond ETF (HYG) seeing outflows of $1,225M and $623M, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| BND | Vanguard Total Bond Market ETF | $1,216M |
| SHY | iShares 1-3 Year Treasury Bond ETF | $712M |
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | $604M |
| GBIL | ACCESS TREASURY 0-1 YEAR ETF | $393M |
| AGG | iShares Core U.S. Aggregate Bond ETF | $359M |
| Outflows | ||
| TLT | iShares 20+ Year Treasury Bond ETF | ($1,225M) |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | ($623M) |
| USFR | WisdomTree Floating Rate Treasury Fund | ($184M) |
| STIP | iShares 0-5 Year TIPS Bond ETF | ($154M) |
| SPHY | State Street SPDR Portfolio High Yield Bond ETF | ($153M) |
Issuer League Table Update
BlackRock’s iShares remains the dominant force in the channel with a 37.51% market share, followed by Vanguard at 26.84%. Vanguard was the biggest winner in terms of weekly asset gathering, pulling in over $2.7B. Among top issuers, WisdomTree experienced the most significant pressure, witnessing $165M in weekly outflows as sentiment cooled in specific fixed income niches.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 84 | $775.49B | 37.51% |
| Vanguard | 30 | $554.86B | 26.84% |
| SPDR | 39 | $164.39B | 7.95% |
| JPMorgan | 19 | $78.07B | 3.78% |
| Schwab | 12 | $70.47B | 3.41% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $2,749M |
| JPMorgan | $660M |
| PIMCO | $543M |
| Outflows | |
| WisdomTree | -$165M |
| Xtrackers | -$44M |
| BondBloxx | -$23M |
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.
