Weekly Channel Summary
The Multi-Asset channel held $44.61B in assets across 140 ETFs from 87 issuers as of October 23, 2026. Weekly net flows were negative at -$79M, though the channel remains firmly positive over longer horizons with $12,695M gathered year-to-date and $14,556M over the trailing year. The modest weekly outflow stands in contrast to the strong 1-Year trend, suggesting a short-term pause rather than a shift in investor appetite for multi-asset strategies.
This Week’s Performance Leaders and Laggards
Specialty – Multi-Asset Income led all categories this week with a WTD gain of 0.18%, followed closely by Target Risk – Moderate at 0.05%, both building on solid YTD returns of 5.13% and 5.37%, respectively. At the other end, Specialty – Alternative Asset Sleeve fell 1.31% WTD and is down 3.47% over the past month, though it still holds a 7.88% YTD gain. Specialty – Real Assets also declined 0.99% WTD despite boasting the strongest YTD performance in the channel at 15.44%. Among individual funds, WTIB was the standout performer, surging 3.83% WTD, while GDMN lagged badly with an 11.26% weekly decline tied to commodity-strategy volatility.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Specialty – Multi-Asset Income | 0.18% | -0.64% | -1.33% | 0.24% | 5.13% | 6.70% |
| Target Risk – Moderate | 0.05% | -0.41% | 0.25% | 0.88% | 5.37% | 6.08% |
| Target Risk – Conservative | 0.02% | -0.44% | -0.13% | 0.64% | 3.73% | 4.28% |
| Target Risk – Global Macro | -0.27% | -1.27% | 0.02% | 0.38% | 8.01% | 8.42% |
| Target Risk – Aggressive | -0.38% | -1.21% | 0.99% | 4.17% | 9.18% | 11.10% |
| Target Risk – Growth | -0.54% | -1.41% | -0.46% | 1.57% | 5.67% | 7.41% |
| Specialty – Real Assets | -0.99% | -0.83% | 0.78% | -0.28% | 15.44% | 17.67% |
| Specialty – Alternative Asset Sleeve | -1.31% | -3.47% | 1.81% | 0.71% | 7.88% | 9.10% |
Top & Bottom 5 ETFs by Weekly Performance
Beyond the category leaders, several funds posted notable moves that diverged from broader category trends. GYLD rose 1.85% WTD and CTAP gained 1.60%, both outpacing their respective category averages. On the downside, WDIG dropped 7.64% and crypto-metals hybrids ISBG, BEGS, and BTGD each fell more than 5%, reflecting sharp swings in underlying gold and digital-asset exposures. The dispersion between top and bottom performers underscores the idiosyncratic risk embedded in specialty multi-asset strategies this week.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| WTIB | USCF Oil Plus Bitcoin Strategy Fund | 3.83% |
| GYLD | Arrow Dow Jones Global Yield ETF | 1.85% |
| CTAP | Simplify US Equity PLUS Managed Futures Strategy ETF | 1.60% |
| RSBY | Return Stacked Bonds & Futures Yield ETF | 1.36% |
| MSMR | McElhenny Sheffield Managed Risk ETF | 1.13% |
| Bottom Performers | ||
| GDMN | WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -11.26% |
| WDIG | WisdomTree Efficient Rare Earth Plus Strategic Metals Fund | -7.64% |
| ISBG | IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF | -5.53% |
| BEGS | Rareview 2x Bull Cryptocurrency & Precious Metals ETF | -5.21% |
| BTGD | STKd 100% Bitcoin & 100% Gold ETF | -5.06% |
Analyzing the Weekly Flows
The channel posted a net outflow of $79M for the week, a modest pullback relative to the strong multi-year inflow trend. Specialty – Multi-Asset Income led inflows with $26M, followed by Target Risk – Global Macro at $19M and Specialty – Real Assets at $14M, all three categories also showing robust YTD and 1-Year accumulation. On the outflow side, Target Risk – Moderate saw the largest weekly redemption at -$86M, followed by Target Risk – Growth at -$44M, even though both categories remain deeply positive on a YTD basis. The data indicates that near-term rebalancing pressure was concentrated in the larger, more established allocation categories rather than the smaller specialty sleeves.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Specialty – Multi-Asset Income | 26 | $5.93B | $26M | $65M | $342M | $1,043M | $1,231M |
| Target Risk – Global Macro | 33 | $5.69B | $19M | $36M | $456M | $1,731M | $1,932M |
| Specialty – Real Assets | 5 | $3.58B | $14M | $61M | $378M | $1,875M | $1,988M |
| Target Risk – Aggressive | 4 | $6.24B | $1M | $109M | $2,691M | $2,936M | $3,012M |
| Target Risk – Conservative | 7 | $1.37B | -$3M | $44M | $66M | $183M | $253M |
| Specialty – Alternative Asset Sleeve | 37 | $4.85B | -$7M | $42M | $32M | $582M | $714M |
| Target Risk – Growth | 9 | $13.06B | -$44M | $336M | $1,082M | $3,903M | $4,817M |
| Target Risk – Moderate | 19 | $3.90B | -$86M | -$0M | $339M | $441M | $608M |
Top & Bottom 5 ETFs by 5-Day Flow
CGBL led all funds in weekly inflows with $56M, followed by INCM at $20M, both outpacing the rest of the field by a wide margin. On the redemption side, AOR led all outflows with -$102M, followed by AOM at -$85M, together accounting for the bulk of the channel’s net weekly redemption. These two iShares allocation funds drove the bulk of the negative weekly flow figure despite smaller offsetting inflows elsewhere in the channel.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| CGBL | Capital Group Core Balanced ETF | $56M |
| INCM | Franklin Income Focus ETF Income Focus ETF | $20M |
| RAAX | VanEck Real Assets ETF | $9M |
| YYY | Amplify CEF High Income ETF | $7M |
| ALLW | State Street Bridgewater All Weather ETF | $6M |
| Outflows | ||
| AOR | iShares Core 60/40 Balanced Allocation ETF | -$102M |
| AOM | iShares Core 40/60 Moderate Allocation ETF | -$85M |
| MPRO | Monarch ProCap Index ETF | -$4M |
| GDMN | WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -$4M |
| AOK | iShares Core 30/70 Conservative Allocation ETF | -$4M |
Issuer League Table Update
iShares remains the dominant issuer by assets with $10.07B, a 22.58% share of the channel, followed by Capital Group at $7.85B and a 17.60% share. Capital Group also led all issuers in weekly inflows with $56M, driven almost entirely by its Core Balanced ETF, while Franklin added $20M on the strength of its Income Focus ETF. Conversely, iShares recorded the largest weekly outflow among issuers at -$190M, reflecting redemptions concentrated in its core allocation lineup. This divergence highlights how flow activity at the issuer level this week was shaped less by scale and more by fund-specific allocation decisions.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 5 | $10.07B | 22.58% |
| Capital Group | 1 | $7.85B | 17.60% |
| State Street | 3 | $4.44B | 9.96% |
| WisdomTree | 9 | $2.63B | 5.90% |
| Franklin | 1 | $1.98B | 4.44% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Capital Group | $56M |
| Franklin | $20M |
| VanEck | $9M |
| Outflows | |
| iShares | -$190M |
| WisdomTree | -$5M |
| Invesco | -$4M |
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.
