Weekly Channel Summary
The FI: Specialty channel, comprising 129 ETFs from 14 issuers, closed the week with $67B in total assets under management. The channel saw net inflows of $400M over the past week, contributing to a year-to-date (YTD) inflow of $12.78B. Over the past year, the channel has gathered $18.66B in new assets.
This Week’s Performance Leaders and Laggards
On the performance front, the “Fixed Income: Specialty – Maturing Ladder” category led the channel with a 0.69% return for the week. The worst-performing category was “Fixed Income: Specialty – Defined Maturity,” which posted a modest 0.07% WTD return. Both categories remain positive on a year-to-date basis.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Fixed Income: Specialty – Maturing Ladder | 0.69% | 0.85% | 1.90% | 3.10% | 5.80% | 6.20% |
| Fixed Income: Specialty – Interest Rate Volatility | 0.15% | -0.20% | -1.10% | -2.50% | -3.40% | 1.20% |
| Fixed Income: Specialty – Defined Maturity | 0.07% | 0.25% | 1.20% | 2.80% | 5.10% | 5.90% |
Top & Bottom 5 ETFs by Weekly Performance
At the fund level, the Simplify Bond Bull ETF (RFIX) was the single best-performing ETF this week. On the other end, the Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) and Invesco BulletShares 2030 High Yield Corporate Bond ETF (BSJU) were the two worst-performing funds.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| RFIX | Simplify Bond Bull ETF | 0.85% |
| PFIX | Simplify Interest Rate Hedge ETF | 0.82% |
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | 0.79% |
| IBHG | iShares iBonds 2027 Term High Yield and Income ETF | 0.75% |
| IBHH | iShares iBonds 2028 Term High Yield and Income ETF | 0.71% |
| Bottom Performers | ||
| IBML | iShares iBonds Dec 2023 Term Muni Bond ETF | -0.28% |
| BSJU | Invesco BulletShares 2030 High Yield Corporate Bond ETF | -0.31% |
| BSJV | Invesco BulletShares 2031 High Yield Corporate Bond ETF | -0.35% |
| IBTD | iShares iBonds Dec 2030 Term Treasury ETF | -0.39% |
| IBTE | iShares iBonds Dec 2031 Term Treasury ETF | -0.42% |
Analyzing the Weekly Flows
The channel attracted $400M in net inflows this week. The “Specialty – Defined Maturity” category was the primary driver, pulling in $459M. This category now holds $65.6B in total AUM. Conversely, the “Fixed Income: Specialty – Maturing Ladder” category saw the largest outflows, shedding $57M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Specialty – Defined Maturity | 98 | $65.6B | $459M | $1,050M | $4,300M | $12.5B | $17.6B |
| Fixed Income: Specialty – Interest Rate Volatility | 11 | $0.9B | -$2M | -$8M | $90M | $180M | $110M |
| Fixed Income: Specialty – Maturing Ladder | 20 | $0.5B | -$57M | -$35M | -$120M | $100M | $950M |
Top & Bottom 5 ETFs by 5-Day Flow
Drilling down, the iShares iBonds Dec 2026 Term Corporate ETF (IBDR) was the top individual fundraiser. The largest redemptions came from the Invesco Bulletshares 2025 Corporate Bond ETF (BSCP) and the LifeX 2035 Income Bucket ETF (LDDR).
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IBDR | iShares iBonds Dec 2026 Term Corporate ETF | $120M |
| IBDS | iShares iBonds Dec 2027 Term Corporate ETF | $95M |
| IBDT | iShares iBonds Dec 2028 Term Corporate ETF | $88M |
| BSCS | Invesco BulletShares 2028 Corporate Bond ETF | $72M |
| BSCT | Invesco BulletShares 2029 Corporate Bond ETF | $65M |
| Outflows | ||
| BSCP | Invesco Bulletshares 2025 Corporate Bond ETF | -$70M |
| LDDR | LifeX 2035 Income Bucket ETF | -$55M |
| IBDP | iShares iBonds Dec 2024 Term Corporate ETF | -$48M |
| BSCO | Invesco BulletShares 2024 Corporate Bond ETF | -$42M |
| IBDQ | iShares iBonds Dec 2025 Term Corporate ETF | -$30M |
Issuer League Table Update
The issuer landscape remains dominated by iShares and Invesco, which control the top two spots for market share. iShares also led the pack in weekly fundraising, gathering $356M in net new assets. At the other end, Stone Ridge saw the largest outflows, with $57M exiting its funds.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 51 | $38.8B | 57.91% |
| Invesco | 31 | $27.1B | 40.45% |
| Quadratic | 1 | $0.43B | 0.64% |
| Simplify | 2 | $0.27B | 0.40% |
| SPDR | 16 | $0.22B | 0.33% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $356M |
| Invesco | $80M |
| FolioBeyond | $45M |
| Outflows | |
| Stone Ridge | -$57M |
| Simplify | -$30M |
| Quadratic | -$22M |
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.
