Weekly Channel Summary
The FI: Specialty ETF channel currently commands $64B in total assets across 121 ETFs from 14 unique issuers. The channel continues to see robust investor interest, ending the week with total net inflows of $1.62B. This weekly activity contributes to a strong growth trajectory, with year-to-date (YTD) flows reaching $21.94B and 1-year flows totaling $22.36B.
This Week’s Performance Leaders and Laggards
Category performance was mixed this week, with “Fixed Income: Specialty – Defined Maturity” and “Fixed Income: Specialty – Maturing Ladder” both leading with a WTD return of 0.16%. These categories show divergent YTD results, at 6.62% and 5.60% respectively. Conversely, the “Fixed Income: Specialty – Interest Rate Volatility” category was the week’s laggard, posting a negative WTD return of -0.30%, extending its YTD decline to -1.43%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Fixed Income: Specialty – Defined Maturity | 0.16% | 0.05% | 1.16% | 3.14% | 6.62% | 6.75% |
| Fixed Income: Specialty – Maturing Ladder | 0.16% | -0.94% | 0.52% | 2.28% | 5.60% | 5.41% |
| Fixed Income: Specialty – Interest Rate Volatility | -0.30% | -0.19% | -0.87% | -2.16% | -1.43% | -1.35% |
Top & Bottom 5 ETFs by Weekly Performance
At the fund level, MYCO (SPDR SSGA My2035 Corporate Bond ETF) was the top performer this week with a 0.45% return. On the downside, PFIX (Simplify Interest Rate Hedge ETF) and RFIX (Simplify Bond Bull ETF) struggled, posting weekly returns of -1.41% and -1.31%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| MYCO | SPDR SSGA My2035 Corporate Bond ETF | 0.45% |
| IBCA | iShares iBonds Dec 2035 Term Corporate ETF | 0.44% |
| MYCN | SPDR SSGA My2034 Corporate Bond ETF | 0.42% |
| BSCZ | Invesco BulletShares 2035 Corporate Bond ETF | 0.42% |
| IBDZ | iShares iBonds Dec 2034 Term Corporate ETF | 0.40% |
| Bottom Performers | ||
| PFIX | Simplify Interest Rate Hedge ETF | -1.41% |
| RFIX | Simplify Bond Bull ETF | -1.31% |
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | -0.38% |
| IVOL | KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF | -0.21% |
| IRVH | Global X Interest Rate Volatility & Inflation Hedge ETF | -0.14% |
Analyzing the Weekly Flows
The FI: Specialty channel attracted $1.62B in net flows this week. The “Specialty – Defined Maturity” category dominated activity, drawing in $1,629M in fresh capital, bringing its total AUM to $62.8B. In contrast, “Specialty – Interest Rate Volatility” experienced the week’s only significant outflows, losing -$13M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Specialty Defined Maturity | 91 | $62.8B | $1,629M | $3,586M | $7,316M | $21,617M | $22,042M |
| Fixed Income: Specialty – Maturing Ladder | 20 | $0.1B | $2M | $4M | ($104M) | $89M | $89M |
| Specialty – Interest Rate Volatility | 10 | $1.0B | ($13M) | $90M | $88M | $231M | $225M |
Top & Bottom 5 ETFs by 5-Day Flow
The IBDV (iShares iBonds Dec 2030 Term Corporate ETF) led all funds with $173M in inflows this week. On the outflow side, the IVOL (KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF) saw the largest redemption at -$13M, followed by MYCF (SPDR SSGA My2026 Corporate Bond ETF) with -$1M.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IBDV | iShares iBonds Dec 2030 Term Corporate ETF | $173M |
| IBDT | iShares iBonds Dec 2028 Term Corporate ETF | $155M |
| IBDU | iShares iBonds Dec 2029 Term Corporate ETF | $130M |
| IBDR | iShares iBonds Dec 2026 Term Corporate ETF | $118M |
| IBTG | iShares iBonds Dec 2026 Term Treasury ETF | $98M |
| Outflows | ||
| IVOL | KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF | ($13M) |
| MYCF | SPDR SSGA My2026 Corporate Bond ETF | ($1M) |
Issuer League Table Update
The channel’s landscape is highly concentrated, with iShares ($36.74B) and Invesco ($25.79B) together controlling nearly 98% of the market. iShares was the top gatherer this week with $1,242M in inflows, while Quadratic faced the largest outflows among major issuers, losing -$13M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 47 | $36.74B | 57.49% |
| Invesco | 28 | $25.79B | 40.36% |
| Quadratic | 1 | $0.52B | 0.82% |
| Simplify | 2 | $0.25B | 0.39% |
| SPDR | 16 | $0.24B | 0.38% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $1,242M |
| Invesco | $386M |
| Stone Ridge | $2M |
| Outflows | |
| Quadratic | ($13M) |
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.
