Weekly Channel Summary
The FI: Specialty ETF channel currently encompasses 157 ETFs managed by 13 issuers, representing approximately $72.0 billion in total assets under management (AUM). Over the past week, the channel experienced positive momentum, attracting $184 million in 5-day flows. This recent activity builds upon a strong long-term trend, with Year-to-Date (YTD) flows sitting at $8.08 billion and 1-year flow totals reaching $21.58 billion.
Analyzing the Weekly Flows
This week, the FI: Specialty channel saw total net inflows of $184 million. The Specialty – Defined Maturity category led the way, capturing $197 million in new assets. Across segments, FI: Corporate saw the largest influx of capital at $170 million. When evaluating by target maturity, the Duration: 2028 bucket attracted the most significant inflows at $74 million, while the Duration: 2026 bucket experienced the largest outflows, shedding $87 million over the past five days.
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 | 122 | $70.8B | $197M | $1,245M | $3,179M | $8,091M | $21,617M |
| Specialty – Interest Rate Volatility | 8 | $0.9B | ($11M) | $38M | ($33M) | ($43M) | $126M |
| Fixed Income: Specialty – Maturing Ladder | 20 | $0.2B | ($3M) | $13M | $21M | $31M | ($159M) |
Segment Flows Summary
| Segment | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| FI: Corporate | 62 | $54.3B | $170M | $863M | $2,029M | $5,693M | $15,803M |
| FI: Government | 58 | $12.5B | ($2M) | $350M | $801M | $1,680M | $4,124M |
| FI: Municipal | 30 | $5.1B | $16M | $83M | $337M | $706M | $1,656M |
Duration Flows Summary
| Duration | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| 2026 | 10 | $12.4B | ($87M) | ($353M) | ($780M) | ($1,208M) | $149M |
| 2027 | 12 | $13.1B | ($14M) | $164M | $282M | $1,085M | $3,145M |
| 2028 | 13 | $12.1B | $74M | $369M | $958M | $2,130M | $4,259M |
| 2029 | 12 | $9.9B | $46M | $334M | $579M | $1,537M | $3,643M |
| 2030 | 16 | $7.9B | $55M | $268M | $598M | $1,392M | $3,474M |
| 2031 | 12 | $5.3B | $30M | $151M | $382M | $889M | $2,137M |
| 2032 | 11 | $4.1B | $37M | $116M | $303M | $635M | $1,607M |
| 2033 | 11 | $2.9B | $25M | $83M | $254M | $478M | $1,045M |
| 2034 | 9 | $1.9B | $15M | $35M | $263M | $549M | $1,125M |
| 2035 | 13 | $1.0B | $7M | $43M | $241M | $511M | $703M |
| 2036 | 4 | $0.1B | $10M | $32M | $94M | $94M | $94M |
| 2044 | 1 | $0.1B | $0M | $7M | $11M | $16M | $36M |
| 2045 | 3 | $0.0B | $0M | $1M | $1M | $1M | $6M |
| 2046 | 1 | $0.0B | $0M | $5M | $7M | $7M | $7M |
| 2050 | 2 | $0.0B | $0M | $0M | $0M | $0M | $4M |
| 2054 | 1 | $0.0B | $1M | $2M | $2M | $2M | $4M |
| 2055 | 5 | $0.0B | ($4M) | ($1M) | $0M | $1M | $6M |
| 2056 | 1 | $0.0B | $0M | $0M | $2M | $2M | $2M |
Top & Bottom 5 ETFs by 5-Day Flow
The top ETF for inflows this week was the iShares iBonds Dec 2028 Term Corporate ETF (IBDT). On the other end of the spectrum, the top two ETFs for outflows were the iShares iBonds Dec 2026 Term Corporate ETF (IBDR) and the Invesco BulletShares 2026 Corporate Bond ETF (BSCQ).
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IBDT | iShares iBonds Dec 2028 Term Corporate ETF | $30M |
| BSCU | Invesco BulletShares 2030 Corporate Bond ETF | $28M |
| BSCT | Invesco BulletShares 2029 Corporate Bond ETF | $25M |
| MYCH | State Street My2028 Corporate Bond ETF | $21M |
| BNDD | Quadratic Deflation ETF | $19M |
| Outflows | ||
| IBDR | iShares iBonds Dec 2026 Term Corporate ETF | -$34M |
| BSCQ | Invesco BulletShares 2026 Corporate Bond ETF | -$29M |
| IBTH | iShares iBonds Dec 2027 Term Treasury ETF | -$23M |
| IVOL | KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF | -$20M |
| IBHF | iShares iBonds 2026 Term High Yield and Income ETF | -$14M |
Issuer League Table Update
The FI: Specialty channel remains top-heavy with iShares and Invesco dominating the landscape, capturing 57.92% and 39.00% of market share, respectively. iShares also secured the most weekly inflows, amassing an additional $82 million. Conversely, Quadratic recorded the largest outflows over the past five days, shedding $20 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 57 | $41.63B | 57.92% |
| Invesco | 35 | $28.03B | 39.00% |
| State Street | 21 | $0.91B | 1.27% |
| Quadratic | 1 | $0.28B | 0.40% |
| FolioBeyond | 1 | $0.27B | 0.38% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $82M |
| Invesco | $79M |
| State Street | $27M |
| Outflows | |
| Quadratic | -$20M |
| Simplify | -$11M |
| Northern Trust | -$3M |
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.
