Weekly Channel Summary
The FI: Taxable channel, as of 10/31/2025, encompasses 636 ETFs from 131 issuers, with total assets under management (AUM) reaching $1,968B. The channel experienced net inflows of $7.68B over the past week, contributing to a year-to-date (YTD) flow of $310.17B and a total one-year flow of $350.24B.
This Week’s Performance Leaders and Laggards
This week’s performance was led by the Emerging USD category, which posted a 0.53% return week-to-date (WTD) and is up 11.73% year-to-date (YTD). The primary laggard was the Long-Term category, down -1.41% WTD, though it remains up 8.22% YTD.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Emerging USD | 0.53% | 1.86% | 5.00% | 9.73% | 11.73% | 11.33% |
| Emerging | 0.30% | 0.87% | 3.80% | 7.66% | 11.61% | 10.55% |
| Bank Loans | 0.19% | 0.19% | 0.91% | 4.18% | 4.27% | 5.82% |
| International USD | 0.08% | 0.89% | 1.53% | 2.26% | 3.74% | 4.68% |
| Government Ultrashort | 0.05% | 0.34% | 1.09% | 2.11% | 3.53% | 4.36% |
| Ultrashort | 0.03% | 0.37% | 1.36% | 2.94% | 4.33% | 5.26% |
| High Yield | -0.12% | 0.18% | 2.17% | 6.03% | 7.01% | 7.69% |
| Government Short | -0.17% | 0.37% | 1.61% | 1.90% | 4.62% | 4.98% |
| Convertible | -0.18% | 1.81% | 6.92% | 17.50% | 24.25% | 29.22% |
| Short-Term | -0.19% | 0.36% | 1.78% | 3.02% | 5.43% | 6.06% |
| Securitized | -0.33% | 0.62% | 2.77% | 3.75% | 6.90% | 7.10% |
| Multisector Taxable | -0.34% | 0.42% | 2.43% | 4.47% | 6.31% | 6.45% |
| Inflation Protected | -0.48% | 0.23% | 2.04% | 2.64% | 6.85% | 6.03% |
| International | -0.49% | -0.75% | 1.71% | 2.20% | 10.56% | 7.20% |
| Core | -0.52% | 0.62% | 2.85% | 3.58% | 6.68% | 6.29% |
| Core Enhanced | -0.52% | 0.58% | 2.96% | 4.09% | 6.95% | 6.48% |
| Government Intermediate | -0.52% | 0.53% | 2.50% | 2.19% | 6.69% | 6.05% |
| Preferred Stock | -0.59% | 0.04% | 2.46% | 6.81% | 5.50% | 4.20% |
| Corporate | -0.73% | 0.40% | 2.74% | 4.96% | 7.36% | 6.93% |
| Government Long | -1.17% | 1.24% | 4.68% | 3.09% | 7.00% | 2.95% |
| Long-Term | -1.41% | 0.58% | 4.23% | 6.29% | 8.22% | 6.08% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing ETF was the Virtus Stone Harbor Emerging Markets High Yield Bond ETF (VEMY), with a 1.45% WTD return. The two worst performers were the REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) at -2.65% and the VanEck Preferred Securities ex Financials ETF (PFXF) at -2.05%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| VEMY | Virtus Stone Harbor Emerging Markets High Yield Bond ETF | 1.45% |
| EMHY | iShares J.P. Morgan EM High Yield Bond ETF | 1.19% |
| GEMD | Goldman Sachs Access Emerging Markets USD Bond ETF | 1.04% |
| EMHC | SPDR Bloomberg Emerging Markets USD Bond ETF | 0.94% |
| XEMD | BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF | 0.88% |
| Bottom Performers | ||
| BMAX | REX Bitcoin Corporate Treasury Convertible Bond ETF | -2.65% |
| PFXF | VanEck Preferred Securities ex Financials ETF | -2.05% |
| GOVZ | iShares 25+ Year Treasury STRIPS Bond ETF | -2.00% |
| ZROZ | PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund | -1.99% |
| TYA | Simplify Intermediate Term Treasury Futures Strategy ETF | -1.86% |
Analyzing the Weekly Flows
The FI: Taxable channel saw $7.68B in total net inflows this past week. The FI: Multi-Sector segment led the way with $4.32B in new assets. By credit type, Investment Grade funds were the most popular, attracting $4.99B. From a duration perspective, Intermediate duration funds dominated with $6.46B in inflows, while Ultrashort duration funds saw the largest outflows, shedding $1.29B.
Flows by Segment
| Segment | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| FI: Multi-Sector | 260 | $802.6B | $4,324M | $21,200M | $55,105M | $145,054M | $168,729M |
| FI: Corporate | 163 | $368.9B | $2,970M | $9,390M | $25,273M | $37,663M | $42,617M |
| FI: Government | 113 | $597.1B | $587M | $13,729M | $33,333M | $95,844M | $93,123M |
| FI: Bank Loans | 33 | $56.9B | $163M | ($1,331M) | $2,656M | $11,041M | $19,231M |
| FI: Preferred Stock | 24 | $39.9B | $80M | $238M | $1,160M | $1,728M | $2,071M |
| FI: Cat Bonds | 1 | $0.0B | $1M | $3M | $5M | $15M | $15M |
| Multi-Sector | 2 | $0.0B | $0M | $0M | $0M | $0M | $0M |
| FI: Securitized | 37 | $102.2B | ($449M) | $190M | $4,003M | $18,745M | $24,378M |
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 | 328 | $1,583.0B | $4,991M | $32,699M | $91,759M | $239,832M | $267,744M |
| Credit: Blend | 157 | $202.1B | $1,599M | $7,601M | $21,210M | $49,471M | $54,839M |
| Credit: High Yield | 147 | $182.6B | $1,079M | $3,082M | $8,503M | $20,726M | $27,519M |
Flows by Duration
| Duration | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Duration: Intermediate | 381 | $1,147.2B | $6,458M | $31,519M | $78,597M | $177,362M | $204,391M |
| Duration: Short | 82 | $260.3B | $1,279M | $5,453M | $14,748M | $33,171M | $39,939M |
| Duration: Long | 56 | $195.4B | $1,220M | $4,157M | $9,021M | $9,764M | ($1,682M) |
| Duration: Ultrashort | 113 | $364.7B | ($1,288M) | $2,253M | $19,105M | $89,732M | $107,453M |
Top & Bottom 5 ETFs by 5-Day Flow
The top-gathering ETF for the week was the iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD), which brought in $660M. The largest outflows came from the iShares 0-3 Month Treasury Bond ETF (SGOV) at -$941M and the iShares 1-3 Year Treasury Bond ETF (SHY) at -$473M.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| LQD | iShares iBoxx $ Investment Grade Corporate Bond ETF | $660M |
| GOVT | iShares U.S. Treasury Bond ETF | $659M |
| SCHR | Schwab Intermediate-Term US Treasury ETF | $536M |
| SCHO | Schwab Short-Term US Treasury ETF | $476M |
| BSV | Vanguard Short-Term Bond ETF | $411M |
| Outflows | ||
| SGOV | iShares 0-3 Month Treasury Bond ETF | ($941M) |
| SHY | iShares 1-3 Year Treasury Bond ETF | ($473M) |
| MBB | iShares MBS ETF | ($450M) |
| BIL | SPDR Bloomberg 1-3 Month T-Bill ETF | ($433M) |
| XHLF | BondBloxx Bloomberg Six Month Target Duration US Treasury ETF | ($382M) |
Issuer League Table Update
The issuer landscape remains dominated by iShares (38.49% market share) and Vanguard (26.55% market share). This week, Vanguard led all issuers with $2.18B in new inflows, while SPDR saw the largest outflows among the top issuers, with -$209M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 81 | $757.33B | 38.49% |
| Vanguard | 29 | $522.49B | 26.55% |
| SPDR | 24 | $87.38B | 4.44% |
| State Street | 14 | $76.38B | 3.88% |
| JPMorgan | 18 | $70.15B | 3.56% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Vanguard | $2,178M |
| Schwab | $1,457M |
| iShares | $1,440M |
| Outflows | |
| BondBloxx | -$261M |
| SPDR | -$209M |
| WisdomTree | -$148M |
For a deeper dive into these trends, access our FREE, in-depth Thematic 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.
