Capital Group’s CGBL Leads Inflows as Multi-Asset Channel Adds $131M

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Weekly Channel Summary

The Multi-Asset channel, encompassing 141 ETFs from 86 issuers, holds a total of $39.33 billion in assets under management. This week, the channel attracted $131 million in net new assets, contributing to a strong year-to-date inflow of $7.15 billion. Over the past twelve months, investors have allocated a total of $11.92 billion to Multi-Asset strategies.

This Week’s Performance Leaders and Laggards

Specialty – Real Assets was the only category to post a positive return this week, gaining 1.65% and bringing its year-to-date performance to 14.16%. The remaining categories finished in negative territory, with performance ranging from a slight 0.04% dip for Alternative Asset Sleeve funds to a 0.70% loss for the Target Risk – Aggressive group. Most categories experienced modest declines between 0.25% and 0.42% for the week.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Specialty – Real Assets 1.65% 3.68% -1.34% 5.64% 14.16% 24.24%
Specialty – Alternative Asset Sleeve -0.04% 0.82% -1.40% 0.67% 6.52% 21.15%
Target Risk – Global Macro -0.07% 0.02% -0.26% 2.65% 7.77% 15.78%
Target Risk – Growth -0.25% -0.55% 1.57% 3.63% 6.11% 12.36%
Specialty – Multi-Asset Income -0.32% 0.52% 1.71% 4.40% 6.79% 11.49%
Target Risk – Moderate -0.41% -0.77% 0.17% 2.14% 5.00% 11.71%
Target Risk – Conservative -0.42% -0.26% 0.51% 2.30% 4.01% 8.85%
Target Risk – Aggressive -0.70% -0.10% 2.39% 5.78% 8.19% 16.30%

Top & Bottom 5 ETFs by Weekly Performance

The USCF Oil Plus Bitcoin Strategy Fund (WTIB) delivered a standout performance, surging 8.58% for the week. Other top performers also focused on alternative assets, including the WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN), which rose 5.67%. At the other end of the spectrum, the IncomeSTKd 1x US Stocks & 1x Bitcoin Premium ETF (ISSB) was the weakest performer, declining by 2.61%.

Ticker Fund Name WTD Performance
Top Performers
WTIB USCF Oil Plus Bitcoin Strategy Fund 8.58%
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund 5.67%
BITS Global X Blockchain & Bitcoin Strategy ETF 3.83%
HECO State Street Galaxy Hedged Digital Asset Ecosystem ETF 3.17%
BPRO Bitwise Proficio Currency Debasement ETF 2.83%
Bottom Performers
ISSB IncomeSTKd 1x US Stocks & 1x Bitcoin Premium ETF -2.61%
HYIN WisdomTree Private Credit and Alternative Income Fund -2.54%
ISBG IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF -2.10%
CANQ Calamos Nasdaq Equity & Income ETF -1.97%
RISN Inspire Capital Appreciation ETF -1.47%

Analyzing the Weekly Flows

Investors added a net $131 million to the Multi-Asset channel over the past week. Target Risk – Growth strategies led the way, attracting $90 million in new assets, followed by Specialty – Real Assets funds which gathered $57 million. Outflows were modest and spread across several categories, with Target Risk – Conservative funds seeing the largest withdrawals at $19 million.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Target Risk – Growth 11 $12.13B $90M $230M $1,084M $2,832M $4,865M
Specialty – Real Assets 4 $3.19B $57M $172M $465M $1,500M $1,751M
Specialty – Multi-Asset Income 25 $5.77B $42M $129M $310M $712M $1,213M
Target Risk – Aggressive 3 $3.48B $1M $20M $83M $251M $468M
Target Risk – Moderate 21 $3.60B -$8M $11M $70M $105M $260M
Specialty – Alternative Asset Sleeve 36 $4.61B -$16M -$69M -$77M $397M $922M
Target Risk – Global Macro 33 $5.22B -$17M $47M $274M $1,235M $2,233M
Target Risk – Conservative 8 $1.33B -$19M -$11M $71M $117M $209M

Top & Bottom 5 ETFs by 5-Day Flow

The Capital Group Core Balanced ETF (CGBL) was the clear favorite among investors, pulling in $78 million in fresh capital. On the other side of the ledger, the Simplify US Equity PLUS Managed Futures Strategy ETF (CTAP) experienced the largest redemption, shedding $40 million. The Relative Sentiment Tactical Allocation ETF (MOOD) also saw notable outflows, with investors withdrawing $19 million.

Ticker Fund Name 5-Day Flow
Inflows
CGBL Capital Group Core Balanced ETF $78M
RAAX VanEck Real Assets ETF $40M
INCM Franklin Income Focus ETF Income Focus ETF $26M
RLY State Street Multi-Asset Real Return ETF $12M
AOR iShares Core 60/40 Balanced Allocation ETF $10M
Outflows
CTAP Simplify US Equity PLUS Managed Futures Strategy ETF -$40M
MOOD Relative Sentiment Tactical Allocation ETF -$19M
AOK iShares Core 30/70 Conservative Allocation ETF -$18M
AOM iShares Core 40/60 Moderate Allocation ETF -$12M
HECA Hedgeye Capital Allocation ETF -$7M

Issuer League Table Update

iShares maintains its position as the largest issuer in the Multi-Asset space with a 24.24% market share, followed by Capital Group at 18.15%. Capital Group led all issuers in weekly asset gathering, bringing in $78 million entirely through its single fund offering. Conversely, Simplify recorded the largest net outflows for the week, with redemptions totaling $40 million.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 9 $9.53B 24.24%
Capital Group 1 $7.14B 18.15%
WisdomTree 9 $2.56B 6.50%
State Street 2 $1.70B 4.33%
Franklin 1 $1.69B 4.29%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
Capital Group $78M
VanEck $40M
Franklin $26M
Outflows
Simplify -$40M
iShares -$20M
Relative Sentiment -$19M

For a deeper dive into these trends, access our FREE, in-depth Multi-Asset 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.