Weekly Channel Summary
The FI: Taxable channel, as of November 14, 2025, encompasses 644 ETFs from 133 issuers, with total assets under management (AUM) reaching $1,981 billion. The channel experienced significant inflows over the past week, adding $9.64 billion. This continues a strong positive trend, with year-to-date (YTD) flows at $328.44 billion and total flows over the past year reaching $358.27 billion.
This Week’s Performance Leaders and Laggards
This week’s performance saw clear divergence. The ‘Emerging’ category led the way with a 0.40% week-to-date (WTD) return, continuing its strong 12.37% YTD performance. In stark contrast, the ‘Convertible’ category was the primary laggard, dropping -3.25% WTD, though it remains the top performer year-to-date at 18.76%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Emerging | 0.40% | 1.56% | 2.51% | 7.35% | 12.37% | 11.84% |
| Emerging USD | 0.14% | 1.44% | 3.42% | 8.92% | 11.45% | 11.01% |
| International | 0.11% | 0.00% | -0.01% | 3.69% | 10.57% | 9.13% |
| Bank Loans | 0.10% | 0.63% | 0.93% | 3.09% | 4.33% | 5.34% |
| Ultrashort | 0.07% | 0.34% | 1.22% | 2.82% | 4.52% | 5.19% |
| Government Ultrashort | 0.06% | 0.33% | 1.04% | 2.14% | 3.69% | 4.34% |
| Short-Term | -0.03% | 0.07% | 1.25% | 3.50% | 5.49% | 6.13% |
| High Yield | -0.05% | 0.20% | 1.34% | 4.56% | 6.81% | 6.90% |
| Government Short | -0.06% | 0.02% | 1.15% | 2.87% | 4.77% | 5.41% |
| Inflation Protected | -0.10% | -0.47% | 1.15% | 3.63% | 6.64% | 6.39% |
| Securitized | -0.13% | 0.02% | 2.01% | 5.11% | 6.93% | 7.30% |
| Multisector Taxable | -0.14% | -0.08% | 1.51% | 4.66% | 6.16% | 6.35% |
| Core Enhanced | -0.19% | -0.27% | 1.97% | 5.23% | 6.74% | 6.65% |
| Preferred Stock | -0.19% | -0.20% | 1.43% | 5.73% | 5.53% | 4.18% |
| Corporate | -0.20% | -0.61% | 1.56% | 5.56% | 6.91% | 6.83% |
| Core | -0.21% | -0.37% | 1.87% | 5.02% | 6.48% | 6.49% |
| Government Intermediate | -0.22% | -0.40% | 1.61% | 4.35% | 6.64% | 6.76% |
| International USD | -0.22% | -0.10% | 0.92% | 2.76% | 3.28% | 4.10% |
| Long-Term | -0.51% | -1.63% | 2.23% | 7.62% | 7.16% | 5.80% |
| Government Long | -0.67% | -1.61% | 3.08% | 6.46% | 5.96% | 3.86% |
| Convertible | -3.25% | -5.00% | 1.78% | 7.25% | 18.76% | 18.79% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing ETF this week was the WisdomTree Emerging Markets Local Debt Fund (ELD), which gained 0.84%. On the other end, the Digital Asset Debt Strategy ETF (DADS) was the worst performer with a -7.58% return, followed by the REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX) at -6.04%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| ELD | WisdomTree Emerging Markets Local Debt Fund | 0.84% |
| FEMB | First Trust Emerging Markets Local Currency Bond ETF | 0.73% |
| EMLC | VanEck J. P. Morgan EM Local Currency Bond ETF | 0.73% |
| LEMB | iShares J.P. Morgan EM Local Currency Bond ETF | 0.57% |
| WIP | SPDR FTSE International Government Inflation-Protected Bond ETF | 0.53% |
| Bottom Performers | ||
| DADS | Digital Asset Debt Strategy ETF | -7.58% |
| BMAX | REX Bitcoin Corporate Treasury Convertible Bond ETF | -6.04% |
| ICVT | iShares Convertible Bond ETF | -3.53% |
| CWB | State Street SPDR Bloomberg Convertible Securities ETF | -3.39% |
| FCVT | First Trust SSI Strategic Convertible Securities ETF | -3.35% |
Analyzing the Weekly Flows
The Taxable Fixed Income channel saw robust net inflows of $9.64 billion this past week. ‘FI: Government’ was the top-gathering segment with $5.29 billion in new assets. By credit type, ‘Credit: Investment Grade’ dominated, pulling in $7.68 billion. ‘Duration: Intermediate’ led all duration categories with $3.76 billion in inflows. The primary laggard was the ‘FI: Securitized’ segment, which saw outflows totaling -$1.13 billion.
Flows by Segment
| Segment | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| FI: Government | 113 | $603.4B | $5,291M | $15,119M | $36,860M | $104,271M | $99,932M |
| FI: Multi-Sector | 261 | $808.3B | $4,263M | $20,386M | $56,079M | $153,710M | $173,582M |
| FI: Corporate | 163 | $368.1B | $978M | $8,826M | $16,685M | $39,822M | $43,496M |
| FI: Bank Loans | 35 | $57.3B | $190M | ($433M) | $2,183M | $11,521M | $16,958M |
| FI: Preferred Stock | 24 | $39.7B | $52M | $217M | $1,159M | $1,764M | $1,941M |
| FI: Cat Bonds | 1 | $0.0B | $2M | $6M | $8M | $18M | $18M |
| FI: Securitized | 37 | $100.8B | ($1,133M) | ($1,852M) | $2,609M | $17,332M | $22,338M |
Flows by Credit Type
| Credit Type | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Credit: Investment Grade | 328 | $1,591.8B | $7,676M | $32,450M | $88,027M | $254,736M | $277,421M |
| Credit: Blend | 157 | $204.8B | $1,827M | $7,771M | $22,211M | $52,880M | $56,904M |
| Credit: High Yield | 148 | $180.9B | $132M | $2,010M | $5,265M | $20,743M | $23,861M |
Flows by Duration
| Duration | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Duration: Intermediate | 381 | $1,148.1B | $3,760M | $24,604M | $72,310M | $183,339M | $206,216M |
| Duration: Long | 56 | $197.3B | $2,589M | $5,862M | $12,640M | $13,456M | $2,118M |
| Duration: Ultrashort | 114 | $369.9B | $2,037M | $4,936M | $17,561M | $95,498M | $108,851M |
| Duration: Short | 82 | $262.3B | $1,248M | $6,830M | $12,992M | $36,065M | $41,001M |
Top & Bottom 5 ETFs by 5-Day Flow
The iShares 7-10 Year Treasury Bond ETF (IEF) was the clear inflows leader, attracting $3.53 billion. On the red side of the ledger, the iShares MBS ETF (MBB) saw the largest outflows at -$1.30 billion, followed by the State Street SPDR Portfolio Long Term Treasury ETF (SPTL) with -$1.18 billion in outflows.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IEF | iShares 7-10 Year Treasury Bond ETF | $3,526M |
| SGOV | iShares 0-3 Month Treasury Bond ETF | $854M |
| BNDX | Vanguard Total International Bond ETF | $500M |
| BSV | Vanguard Short-Term Bond ETF | $473M |
| EMB | iShares JP Morgan USD Emerging Markets Bond ETF | $413M |
| Outflows | ||
| MBB | iShares MBS ETF | ($1,296M) |
| SPTL | State Street SPDR Portfolio Long Term Treasury ETF | ($1,177M) |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | ($272M) |
| EVLN | Eaton Vance Floating-Rate ETF | ($149M) |
| GOVI | Invesco Equal Weight 0-30 Year Treasury ETF | ($132M) |
Issuer League Table Update
The issuer landscape remains dominated by iShares and Vanguard, which command 38.37% and 26.57% of the market share, respectively. iShares also led the week in asset gathering, pulling in $4.54 billion. Among the top issuers, SPDR saw the largest outflows for the week, shedding -$907 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 82 | $759.97B | 38.37% |
| Vanguard | 29 | $526.32B | 26.57% |
| SPDR | 38 | $162.51B | 8.21% |
| JPMorgan | 18 | $71.50B | 3.61% |
| Schwab | 12 | $67.42B | 3.40% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $4,541M |
| Vanguard | $2,550M |
| JPMorgan | $625M |
| Outflows | |
| SPDR | -$907M |
| Eaton Vance | -$85M |
| WisdomTree | -$35M |
For a deeper dive into these trends, access our FREE, in-depth Taxable 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.
