Capital Group’s CGBL Dominates Multi-Asset Flows with $233M Weekly Haul

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Weekly Channel Summary

The Multi-Asset channel encompasses 140 ETFs from 85 issuers, with a total AUM of $38.94 billion. The channel attracted $329 million in net inflows over the past week. Year-to-date, investors have added $6.69 billion, contributing to a one-year total of nearly $12.0 billion in new assets.

This Week’s Performance Leaders and Laggards

Most Multi-Asset categories posted modest losses this week amid broader market pullbacks. Specialty – Multi-Asset Income was the most resilient category, declining just -0.11%, and it remains up 6.54% year-to-date. On the other end of the spectrum, Specialty – Alternative Asset Sleeve funds saw the steepest declines, falling -3.12% for the week, though they still hold a positive 5.88% return for the year.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Specialty – Multi-Asset Income -0.11% 0.32% 5.31% 6.27% 6.54% 13.71%
Target Risk – Conservative -0.42% 0.31% 4.13% 4.10% 4.52% 10.93%
Target Risk – Moderate -0.73% 0.54% 5.30% 5.52% 6.29% 15.57%
Specialty – Real Assets -0.90% -3.93% 0.46% 10.37% 11.73% 26.08%
Target Risk – Growth -1.02% 1.02% 8.39% 6.24% 6.98% 16.59%
Target Risk – Global Macro -1.29% -1.13% 6.73% 6.91% 8.36% 19.80%
Target Risk – Aggressive -1.41% 0.07% 9.74% 7.81% 8.65% 20.65%
Specialty – Alternative Asset Sleeve -3.12% -4.24% 6.40% 3.80% 5.88% 26.71%

Top & Bottom 5 ETFs by Weekly Performance

Individual fund performance varied significantly, with Pacer WealthShield ETF (PWS) leading the pack with a 3.05% gain for the week. Conversely, funds with cryptocurrency exposure faced significant headwinds. The Rareview 2x Bull Cryptocurrency & Precious Metals ETF (BEGS) was the worst performer, plummeting -13.76% over the five-day period.

Ticker Fund Name WTD Performance
Top Performers
PWS Pacer WealthShield ETF 3.05%
HECA Hedgeye Capital Allocation ETF 1.75%
MDIV Multi-Asset Diversified Income Index Fund 1.05%
RSBA Return Stacked Bonds & Merger Arbitrage ETF 0.89%
RISN Inspire Capital Appreciation ETF 0.83%
Bottom Performers
BEGS Rareview 2x Bull Cryptocurrency & Precious Metals ETF -13.76%
ISBG IncomeSTKd 1x Bitcoin & 1x Gold Premium ETF -12.65%
WDIG WisdomTree Efficient Rare Earth Plus Strategic Metals Fund -12.42%
GDMN WisdomTree Efficient Gold Plus Gold Miners Strategy Fund -11.76%
BTGD STKd 100% Bitcoin & 100% Gold ETF -10.71%

Analyzing the Weekly Flows

The Multi-Asset channel collected $329 million in net new assets this week. Target Risk – Growth funds were the primary driver of these inflows, attracting $234 million. This category has been a consistent favorite among investors, accumulating $2.64 billion year-to-date. In contrast, Target Risk – Moderate was the only category to experience net redemptions, albeit a minor outflow of $2 million.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Target Risk – Growth 11 $12.05B $234M $560M $1,357M $2,640M $5,004M
Specialty – Alternative Asset Sleeve 35 $4.63B $24M -$32M $52M $469M $1,050M
Specialty – Real Assets 4 $2.94B $24M $146M $631M $1,344M $1,604M
Target Risk – Aggressive 3 $3.50B $19M $48M $123M $241M $458M
Specialty – Multi-Asset Income 25 $5.66B $14M $104M $343M $589M $1,158M
Target Risk – Global Macro 33 $5.16B $12M $143M $277M $1,184M $2,212M
Target Risk – Conservative 8 $1.35B $1M $37M $92M $129M $212M
Target Risk – Moderate 21 $3.65B -$2M $42M $58M $93M $271M

Top & Bottom 5 ETFs by 5-Day Flow

A single fund was responsible for the majority of the channel’s weekly inflows. The Capital Group Core Balanced ETF (CGBL) single-handedly brought in $233 million. On the redemption side, outflows were minimal and spread across several funds. The largest weekly withdrawals were from the FundX Investment Conservative ETF (XRLX) and the Hedgeye Capital Allocation ETF (HECA), which saw outflows of $6 million and $5 million, respectively.

Ticker Fund Name 5-Day Flow
Inflows
CGBL Capital Group Core Balanced ETF $233M
ALLW State Street Bridgewater All Weather ETF $26M
RAAX VanEck Real Assets ETF $24M
AOA iShares Core 80/20 Aggressive Allocation ETF $19M
INCM Franklin Income Focus ETF Income Focus ETF $13M
Outflows
XRLX FundX Investment Conservative ETF -$6M
HECA Hedgeye Capital Allocation ETF -$5M
RPAR RPAR Risk Parity ETF -$3M
GDE WisdomTree Efficient Gold Plus Equity Strategy Fund -$3M
UPAR UPAR Ultra Risk Parity ETF -$2M

Issuer League Table Update

The Multi-Asset landscape continues to be led by iShares and Capital Group, which command 24.66% and 18.17% of the market share, respectively. Capital Group was the clear winner in asset gathering this week, securing $233 million in net inflows. Meanwhile, FundX experienced the largest outflows among issuers, with net redemptions totaling $6 million.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
iShares 9 $9.60B 24.66%
Capital Group 1 $7.07B 18.17%
WisdomTree 9 $2.65B 6.79%
State Street 2 $1.62B 4.17%
Franklin 1 $1.61B 4.14%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
Capital Group $233M
State Street $26M
VanEck $24M
Outflows
FundX -$6M
Hedgeye -$5M
Evoke -$5M

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.