Weekly Channel Summary
The Multi-Asset channel closed the week with $44.43B in total AUM spread across 139 ETFs from 86 issuers. Net flows were positive at $207M for the five-day period, extending a strong run of $12,046M in YTD inflows and $15,292M over the trailing year. The channel continues to attract steady capital despite mixed performance across its underlying target-risk and specialty categories.
This Week’s Performance Leaders and Laggards
Target Risk – Aggressive led all categories on the week with a 0.84% gain, followed by Target Risk – Growth at 0.21%, both benefiting from continued risk-on positioning; Aggressive also holds the strongest YTD return among the two at 11.24%. On the downside, Specialty – Real Assets fell 1.08% for the week despite a robust 15.86% YTD gain, while Specialty – Multi-Asset Income declined 1.04% and remains the weakest YTD performer at 5.31%. Standout fund performance came from ISSB, which surged 6.32% for the week, well ahead of the next-best gainer, XXX, up 3.89%. At the other end, GDMN declined 4.22%, the steepest drop in the channel, followed by GOLY at -3.83%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Target Risk – Aggressive | 0.84% | -0.68% | 2.44% | 12.44% | 11.24% | 15.72% |
| Target Risk – Growth | 0.21% | -1.81% | 0.41% | 8.84% | 7.41% | 10.76% |
| Specialty – Alternative Asset Sleeve | 0.12% | -1.42% | 6.72% | 12.43% | 11.61% | 18.99% |
| Target Risk – Global Macro | 0.09% | -1.78% | 1.03% | 7.45% | 9.38% | 12.47% |
| Target Risk – Moderate | -0.23% | -2.15% | -0.55% | 4.87% | 5.73% | 8.97% |
| Target Risk – Conservative | -0.25% | -1.57% | -0.37% | 3.72% | 4.12% | 6.36% |
| Specialty – Multi-Asset Income | -1.04% | -3.30% | -1.08% | 3.98% | 5.31% | 7.78% |
| Specialty – Real Assets | -1.08% | -2.29% | 3.56% | 3.81% | 15.86% | 20.97% |
Top & Bottom 5 ETFs by Weekly Performance
Fund-level dispersion was wide this week, with gold and income-oriented strategies underperforming while trend-following and crypto-linked multi-asset products outperformed. ISSB topped the list with a 6.32% weekly gain, followed by XXX at 3.89% and MATE at 3.54%. Conversely, GDMN and GOLY led decliners, down 4.22% and 3.83% respectively, reflecting weakness in gold-linked income strategies. Multi-asset income funds such as GYLD and HIPS also posted notable losses, consistent with the broader Specialty – Multi-Asset Income category’s weekly decline.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| ISSB | IncomeSTKd 1x US Stocks & 1x Bitcoin Premium ETF | 6.32% |
| XXX | CYBER HORNET S&P 500 and XRP 75/25 Strategy ETF | 3.89% |
| MATE | Man Active Trend Enhanced ETF | 3.54% |
| SSS | CYBER HORNET S&P 500 and Solana 75/25 Strategy ETF | 2.92% |
| RSST | Return Stacked U.S. Stocks & Managed Futures ETF | 2.64% |
| Bottom Performers | ||
| GDMN | WisdomTree Efficient Gold Plus Gold Miners Strategy Fund | -4.22% |
| GOLY | Strategy Shares Gold Enhanced Yield ETF | -3.83% |
| GYLD | Arrow Dow Jones Global Yield ETF | -2.90% |
| HIPS | GraniteShares HIPS US High Income ETF | -2.82% |
| CVY | Invesco Zacks Multi-Asset Income ETF | -2.65% |
Analyzing the Weekly Flows
The channel gathered $207M in net inflows over the trailing five days, led by Target Risk – Growth with $77M and Target Risk – Aggressive and Global Macro tied for second at $37M each. Target Risk – Growth also dominates over longer horizons, with $983M in 90-day inflows and $3,582M YTD, underscoring durable investor demand for growth-oriented multi-asset exposure. Specialty – Real Assets added $17M for the week and has drawn $1,816M YTD, reflecting continued interest in inflation-hedged strategies. No category posted net outflows this week, though Specialty – Alternative Asset Sleeve and Target Risk – Conservative saw the smallest inflows at $8M each, indicating comparatively muted demand.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Target Risk – Growth | 9 | $12.91B | $77M | $387M | $983M | $3,582M | $4,801M |
| Target Risk – Aggressive | 4 | $6.17B | $37M | $2,561M | $2,603M | $2,834M | $2,932M |
| Target Risk – Global Macro | 33 | $5.71B | $37M | $209M | $474M | $1,711M | $2,512M |
| Specialty – Real Assets | 5 | $3.55B | $17M | $159M | $488M | $1,816M | $1,983M |
| Target Risk – Moderate | 19 | $3.90B | $11M | $149M | $347M | $441M | $640M |
| Specialty – Multi-Asset Income | 26 | $5.89B | $11M | $131M | $397M | $980M | $1,293M |
| Target Risk – Conservative | 7 | $1.34B | $8M | $36M | $20M | $147M | $236M |
| Specialty – Alternative Asset Sleeve | 36 | $4.95B | $8M | $97M | $70M | $536M | $897M |
Top & Bottom 5 ETFs by 5-Day Flow
Capital inflows were concentrated among balanced allocation strategies, with CGBL leading all funds at $51M, followed by SPLS with $35M. On the outflow side, HIPS saw the largest redemptions at $10M, followed by YYY at $6M, both income-focused strategies. The gap between top inflows and outflows remained modest relative to overall channel AUM, suggesting broad-based rather than concentrated flow activity this week.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| CGBL | Capital Group Core Balanced ETF | $51M |
| SPLS | PIMCO US Stocks PLUS Active Bond Exchange-Traded Fund | $35M |
| AOR | iShares Core 60/40 Balanced Allocation ETF | $24M |
| INCM | Franklin Income Focus ETF Income Focus ETF | $20M |
| ALLW | State Street Bridgewater All Weather ETF | $18M |
| Outflows | ||
| HIPS | GraniteShares HIPS US High Income ETF | -$10M |
| YYY | Amplify CEF High Income ETF | -$6M |
| RSSB | Return Stacked Global Stocks & Bonds ETF | -$4M |
| CTAP | Simplify US Equity PLUS Managed Futures Strategy ETF | -$3M |
| AGOX | Adaptive Alpha Opportunities ETF | -$2M |
Issuer League Table Update
iShares remains the dominant issuer by market share at 22.51% ($10.00B AUM across just 5 funds), followed by Capital Group at 17.37% ($7.72B) concentrated in a single fund. Capital Group led weekly inflows at $51M, driven entirely by CGBL, while iShares followed closely with $41M in net inflows. On the outflow side, GraniteShares posted the largest weekly redemptions at $10M, tied to its HIPS product, followed by Amplify at $6M. The concentration of AUM among a handful of large issuers contrasts with the long tail of smaller, single-fund issuers that make up the bulk of the channel’s 86 total participants.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 5 | $10.00B | 22.51% |
| Capital Group | 1 | $7.72B | 17.37% |
| State Street | 3 | $4.40B | 9.91% |
| WisdomTree | 9 | $2.71B | 6.10% |
| Franklin | 1 | $1.87B | 4.22% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Capital Group | $51M |
| iShares | $41M |
| PIMCO | $35M |
| Outflows | |
| GraniteShares | -$10M |
| Amplify | -$6M |
| Simplify | -$3M |
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.
