Weekly Channel Summary
The FI: Specialty channel currently oversees a Total AUM of $71.2B across 150 ETFs, managed by 14 unique issuers. Capitalizing on steady interest in specialized fixed-income strategies, the segment logged positive top-level flow activity over the past week, netting $0.32B (5 Day). This brings the Year-to-Date (YTD) total to $7.32B and highlights robust long-term traction with $21.70B gathered over the past year (1 Year).
This Week’s Performance Leaders and Laggards
Evaluating category performance, the single best-performing segment was Fixed Income: Specialty – Maturing Ladder, posting a solid Week-to-Date (WTD) return of 0.95% to push its YTD performance to 0.67%. On the other end of the spectrum, the single worst-performing category was Fixed Income: Specialty – Interest Rate Volatility, which dipped by -0.41% WTD, though it maintains a respectable 1.32% YTD standing.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Fixed Income: Specialty – Maturing Ladder | 0.95% | 0.40% | -1.56% | -0.12% | 0.67% | 3.82% |
| Fixed Income: Specialty – Defined Maturity | 0.60% | 0.27% | -0.43% | 0.99% | 0.91% | 5.17% |
| Fixed Income: Specialty – Interest Rate Volatility | -0.41% | -0.68% | 0.68% | 0.34% | 1.32% | -2.50% |
Top & Bottom 5 ETFs by Weekly Performance
Drilling down to individual funds, the single best-performing ETF for the week was the Invesco BulletShares 2035 Municipal Bond ETF (BSMZ), leading the pack with a 1.38% WTD return. Conversely, the two worst-performing ETFs dragged down by rate dynamics were the Simplify Interest Rate Hedge ETF (PFIX) at -4.20% and the iShares iBonds 2026 Term High Yield and Income ETF (IBHF) at -0.27%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| BSMZ | Invesco BulletShares 2035 Municipal Bond ETF | 1.38% |
| LIBD | LifeX 2065 Inflation-Protected Longevity Income ETF | 1.36% |
| LIAU | LifeX 2060 Inflation-Protected Longevity Income ETF | 1.34% |
| LFDR | LifeX Durable Income ETF | 1.33% |
| LFBE | LifeX 2065 Longevity Income ETF | 1.33% |
| Bottom Performers | ||
| PFIX | Simplify Interest Rate Hedge ETF | -4.20% |
| IBHF | iShares iBonds 2026 Term High Yield and Income ETF | -0.27% |
| BSJQ | Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.20% |
| RINF | ProShares Inflation Expectations ETF | -0.20% |
| RISR | FolioBeyond Alternative Income and Interest Rate Hedge ETF | -0.19% |
Analyzing the Weekly Flows
The channel witnessed broad asset gathering this week with $319M in total net inflows. The undisputed leader was the Specialty – Defined Maturity category, hauling in $296M against its massive $70.2B AUM. In fact, all major segments within this channel stayed in the green, with the Fixed Income: Specialty – Maturing Ladder category receiving the most modest weekly inflow at $6M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Specialty – Defined Maturity | 122 | $70.2B | $296M | $1,308M | $3,208M | $7,336M | $21,730M |
| Specialty – Interest Rate Volatility | 8 | $0.9B | $17M | $32M | -$47M | -$51M | $137M |
| Fixed Income: Specialty – Maturing Ladder | 20 | $0.2B | $6M | $18M | $32M | $32M | -$162M |
Top & Bottom 5 ETFs by 5-Day Flow
Reviewing individual tickers, the top ETF for inflows this week was the Invesco BulletShares 2033 Corporate Bond ETF (BSCX), adding $38M to its assets. Shifting gears to the laggards, the top two ETFs for outflows were the Invesco BulletShares 2026 Corporate Bond ETF (BSCQ) shedding -$12M and the Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) concurrently shedding -$12M.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| BSCX | Invesco BulletShares 2033 Corporate Bond ETF | $38M |
| BSCV | Invesco BulletShares 2031 Corporate Bond ETF | $34M |
| PFIX | Simplify Interest Rate Hedge ETF | $22M |
| BSJT | Invesco BulletShares 2029 High Yield Corporate Bond ETF | $21M |
| IBTH | iShares iBonds Dec 2027 Term Treasury ETF | $17M |
| Outflows | ||
| BSCQ | Invesco BulletShares 2026 Corporate Bond ETF | -$12M |
| BSJQ | Invesco BulletShares 2026 High Yield Corp Bond ETF | -$12M |
| IBHF | iShares iBonds 2026 Term High Yield and Income ETF | -$8M |
| IBTL | iShares iBonds Dec 2031 Term Treasury ETF | -$7M |
| IVOL | KraneShares Quadratic Interest Rate Volatility and Inflation Hedge ETF | -$5M |
Issuer League Table Update
Looking at the issuer landscape, the top 2 players dominating market share in this channel remain iShares (57.85%) and Invesco (39.15%). However, it was Invesco who gathered the most in weekly inflows, securing $173M in net new assets over the 5-day stretch. At the other end, Quadratic saw the largest absolute outflows with -$5M, while a few others like Stone Ridge experienced flat flows at $0M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 57 | $41.22B | 57.85% |
| Invesco | 28 | $27.89B | 39.15% |
| State Street | 21 | $0.85B | 1.19% |
| Quadratic | 1 | $0.31B | 0.44% |
| Simplify | 2 | $0.28B | 0.40% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Invesco | $173M |
| iShares | $112M |
| Simplify | $22M |
| Outflows | |
| Quadratic | -$5M |
| Stone Ridge | $0M |
| American Beacon | $0M |
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.
