Weekly Channel Summary
The Multi-Asset channel closed the week with $44.44B in total AUM spread across 139 ETFs from 86 issuers. Net flows were positive over the trailing five days at $381M, contributing to a robust $11,884M YTD total and $15,278M over the past year. The channel continues to see steady accumulation despite mixed weekly performance across its underlying categories.
This Week’s Performance Leaders and Laggards
Every category in the Multi-Asset channel posted negative WTD returns, led lower by Specialty – Multi-Asset Income at -0.90% and Specialty – Real Assets at -0.89%, while Specialty – Alternative Asset Sleeve held up best at -0.08%. Target Risk categories were mixed but generally soft, with Target Risk – Global Macro down 0.64% and Target Risk – Conservative down 0.29%. On a YTD basis, Specialty – Real Assets stands out with a 17.15% gain, followed by Specialty – Alternative Asset Sleeve at 11.19%, underscoring divergence between short-term pressure and longer-term strength in alternative-oriented sleeves. Despite the broad weekly pullback, no category posted a decline steep enough to erase multi-month or annual gains.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Specialty – Alternative Asset Sleeve | -0.08% | 1.14% | 2.87% | 9.51% | 11.19% | 18.68% |
| Target Risk – Conservative | -0.29% | -0.83% | -0.55% | 3.59% | 4.38% | 6.30% |
| Target Risk – Aggressive | -0.35% | -0.77% | 0.33% | 11.43% | 10.53% | 14.15% |
| Target Risk – Moderate | -0.41% | -1.04% | -1.12% | 4.56% | 5.94% | 8.81% |
| Target Risk – Growth | -0.51% | -1.34% | -0.82% | 8.29% | 7.18% | 9.97% |
| Target Risk – Global Macro | -0.64% | -0.95% | -0.38% | 6.14% | 9.26% | 12.31% |
| Specialty – Real Assets | -0.89% | -0.03% | 3.79% | 3.89% | 17.15% | 23.46% |
| Specialty – Multi-Asset Income | -0.90% | -2.12% | -0.17% | 4.86% | 6.41% | 8.27% |
Top & Bottom 5 ETFs by Weekly Performance
Crypto- and commodity-linked strategies dominated the top of the weekly leaderboard, with the WTIB fund gaining 6.00% and the BEGS fund up 5.95%. The BTGD fund, blending bitcoin and gold exposure, added 5.40%, reinforcing the strength of digital-asset-linked multi-asset products this week. On the downside, income-oriented and real-asset funds struggled, with the HYIN fund falling 2.15% and the DALI fund down 2.11%. The spread between top and bottom performers exceeded 8 percentage points, highlighting a sharp rotation away from yield-focused strategies toward alternative asset exposures.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| WTIB | USCF Oil Plus Bitcoin Strategy Fund | 6.00% |
| BEGS | Rareview 2x Bull Cryptocurrency & Precious Metals ETF | 5.95% |
| BTGD | STKd 100% Bitcoin & 100% Gold ETF | 5.40% |
| HECO | State Street Galaxy Hedged Digital Asset Ecosystem ETF | 5.23% |
| BITS | Global X Blockchain & Bitcoin Strategy ETF | 5.22% |
| Bottom Performers | ||
| HYIN | WisdomTree Private Credit and Alternative Income Fund | -2.15% |
| DALI | First Trust Dorsey Wright DALI Equity ETF | -2.11% |
| PPI | Astoria Real Assets ETF | -2.09% |
| HIPS | GraniteShares HIPS US High Income ETF | -1.98% |
| CVY | Invesco Zacks Multi-Asset Income ETF | -1.97% |
Analyzing the Weekly Flows
The Multi-Asset channel attracted $381M in net inflows over the week, led by Target Risk – Growth funds with $137M and Target Risk – Moderate with $110M, both benefiting from steady allocation demand. Specialty – Real Assets added a further $45M, extending a strong year that has already brought in $1,811M YTD. Target Risk – Global Macro was the only category to see outflows, shedding a modest $3M for the week even as it retains $1,679M in YTD inflows. Overall, flow activity remained concentrated in core allocation strategies rather than income or macro-focused sleeves.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Target Risk – Growth | 9 | $12.86B | $137M | $400M | $1,113M | $3,516M | $4,787M |
| Target Risk – Moderate | 19 | $3.93B | $110M | $155M | $337M | $432M | $634M |
| Specialty – Real Assets | 5 | $3.57B | $45M | $189M | $491M | $1,811M | $1,986M |
| Target Risk – Aggressive | 4 | $6.08B | $29M | $2,524M | $2,575M | $2,797M | $2,899M |
| Specialty – Multi-Asset Income | 26 | $6.00B | $28M | $155M | $406M | $981M | $1,307M |
| Target Risk – Conservative | 7 | $1.34B | $26M | $30M | $13M | $139M | $230M |
| Specialty – Alternative Asset Sleeve | 36 | $4.94B | $10M | $107M | $85M | $530M | $938M |
| Target Risk – Global Macro | 33 | $5.72B | -$3M | $125M | $459M | $1,679M | $2,496M |
Top & Bottom 5 ETFs by 5-Day Flow
Flows were dominated by core allocation vehicles, with the AOR fund pulling in $145M and the AOM fund adding $108M, together accounting for the majority of the channel’s net weekly inflow. The RAAX fund also gathered $33M as real-asset demand persisted. On the outflow side, the MOOD fund led redemptions at $19M, followed by the YYY fund at $11M. These outflows were modest relative to the inflows generated by the largest allocation funds, keeping the channel’s net flow firmly positive.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| AOR | iShares Core 60/40 Balanced Allocation ETF | $145M |
| AOM | iShares Core 40/60 Moderate Allocation ETF | $108M |
| RAAX | VanEck Real Assets ETF | $33M |
| INCM | Franklin Income Focus ETF Income Focus ETF | $32M |
| AOA | iShares Core 80/20 Aggressive Allocation ETF | $29M |
| Outflows | ||
| MOOD | Relative Sentiment Tactical Allocation ETF | -$19M |
| YYY | Amplify CEF High Income ETF | -$11M |
| CGBL | Capital Group Core Balanced ETF | -$9M |
| RSSB | Return Stacked Global Stocks & Bonds ETF | -$5M |
| THMR | THOR AdaptiveRisk Dynamic ETF | -$4M |
Issuer League Table Update
iShares remains the dominant player in the Multi-Asset channel with $9.99B in AUM and a 22.49% market share, followed by Capital Group at $7.67B and 17.27% share despite operating just a single fund. iShares also led weekly inflows by a wide margin, gathering $305M, more than nine times the next closest issuer, VanEck, which added $33M. On the outflow side, Relative Sentiment saw the largest weekly redemptions at $19M, followed by Amplify at $11M. The concentration of both AUM and flows among a handful of large issuers underscores the continued dominance of established allocation platforms within this channel.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 5 | $9.99B | 22.49% |
| Capital Group | 1 | $7.67B | 17.27% |
| State Street | 3 | $4.37B | 9.84% |
| WisdomTree | 9 | $2.74B | 6.16% |
| Franklin | 1 | $1.89B | 4.24% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $305M |
| VanEck | $33M |
| Franklin | $32M |
| Outflows | |
| Relative Sentiment | -$19M |
| Amplify | -$11M |
| Capital Group | -$9M |
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.
