Weekly Channel Summary
The Single Stock ETF channel encompasses 611 funds from 19 issuers, with total assets under management of $41.40 billion. This week, the segment experienced net outflows of $251 million, a reversal from recent trends. Despite the weekly withdrawal, year-to-date flows remain strongly positive at $11.83 billion, and the one-year total stands at an impressive $20.8 billion.
This Week’s Performance Leaders and Laggards
Synthetic Income was the only category to post a gain this week, rising a modest 0.51% amid broader declines. In contrast, the dominant Leverage | Inverse category, which accounts for the vast majority of funds, fell by 3.97% for the week. This short-term dip contrasts sharply with the category’s year-to-date performance, which remains exceptionally strong with a gain of 77.78%.
Top & Bottom Underlying Stock Performance (WTD)
| Ticker | Underlying Stock | Week-To-Date Return | Year-To-Date Return | Number of Funds Following Stock |
|---|---|---|---|---|
| Top Performers | ||||
| MSFT | Microsoft Corp | 6.27% | 6.18% | 2 |
| META | Meta Platforms Inc | 5.11% | -12.43% | 2 |
| AAPL | Apple Inc | 3.35% | 17.60% | 4 |
| AMZN | Amazon Com Inc | 3.02% | 15.43% | 3 |
| NFLX | Netflix Inc. | 2.68% | -12.84% | 1 |
| Bottom Performers | ||||
| PYPL | Paypal Hldgs Inc | -12.82% | -8.08% | 1 |
| XOM | Exxonmobil Holdings Corp Com Shs | -5.09% | 30.22% | 1 |
| MRNA | Moderna Inc | -4.92% | 367.92% | 1 |
| COIN | Coinbase Global Inc Shs | -4.21% | -21.00% | 2 |
| TSLA | Tesla Inc | -3.89% | -22.45% | 10 |
Top & Bottom 5 ETFs by Weekly Performance
Volatility in underlying single stocks drove significant dispersion in fund performance this week. The CRMG (Leverage Shares 2X Long CRM Daily ETF) surged 44.57%, leading all funds. On the other end of the spectrum, the AEHG (Leverage Shares 2X Long AEHR Daily ETF) plummeted 38.21%. The top and bottom performance lists were exclusively populated by leveraged and inverse products, highlighting the high-risk, high-reward nature of these tactical tools.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| CRMG | Leverage Shares 2X Long CRM Daily ETF | 44.57% |
| OKTG | Leverage Shares 2X Long OKTA Daily ETF | 42.96% |
| AXTQ | Tradr 2X Short AXTI Daily ETF | 37.00% |
| QBTZ | Defiance Daily Target 2x Short QBTS ETF | 34.59% |
| ASTN | Defiance Daily Target 2X Short ASTS ETF | 34.13% |
| Bottom Performers | ||
| AEHG | Leverage Shares 2X Long AEHR Daily ETF | -38.21% |
| AXTL | Leverage Shares 2X Long AXTI Daily ETF | -33.64% |
| AXTU | T-REX 2X Long AXTI Daily Target ETF | -33.63% |
| AXTX | Tradr 2X Long AXTI Daily ETF | -33.21% |
| QUA | Corgi QBTS 2x Daily ETF | -32.67% |
Analyzing the Weekly Flows
The Single Stock channel saw net outflows of $251 million, driven primarily by traders pulling capital from leveraged and inverse strategies. Levered funds shed $275 million, while Inverse funds saw outflows of $46 million. Bucking the trend, Options Overlay strategies, which often generate income, attracted the most new capital with $67 million in net inflows for the week.
Where the Money Went This Week
| Implementation | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Options Overlay | 104 | $7.51B | $67M | $47M | $632M | $725M | $3,821M |
| Autocallable | 8 | $18M | $2M | $4M | $8M | $12M | $12M |
| Currency Hedged | 10 | $25M | $1M | -$2M | $2M | $5M | $7M |
| Inverse | 62 | $1.32B | -$46M | $406M | -$87M | $322M | $475M |
| Levered | 427 | $32.52B | -$275M | -$2,424M | $4,539M | $10,765M | $16,485M |
Top & Bottom 5 ETFs by 5-Day Flow
Flows at the fund level were concentrated in popular technology names, with GraniteShares products seeing strong interest. The MVLL (GraniteShares 2x Long MRVL Daily ETF) led all funds, gathering $78 million in new assets. Conversely, traders appeared to take profits or reduce exposure in some of the most popular leveraged trades, with the TSLL (Direxion Daily TSLA Bull 2X ETF) shedding $130 million. It was followed by the NVDL (GraniteShares 2x Long NVDA Daily ETF), which saw outflows of $97 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| MVLL | GraniteShares 2x Long MRVL Daily ETF | $78M |
| BABX | GraniteShares 2x Long BABA Daily ETF | $55M |
| NVD | GraniteShares 2x Short NVDA Daily ETF | $50M |
| INTW | GraniteShares 2x Long INTC Daily ETF | $39M |
| CBRG | Leverage Shares 2X Long CBRS Daily ETF | $39M |
| Outflows | ||
| TSLL | Direxion Daily TSLA Bull 2X ETF | -$130M |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | -$97M |
| SNDQ | Tradr 2X Short SNDK Daily ETF | -$57M |
| SNXX | Tradr 2X Long SNDK Daily ETF | -$55M |
| MUU | Direxion Daily MU Bull 2X ETF | -$40M |
Issuer League Table Update
Direxion and GraniteShares continue to dominate the Single Stock landscape, commanding 30.53% and 21.50% of the market share, respectively. However, this week saw a significant shift in flows, as market leader Direxion experienced the largest outflows, shedding $235 million. On the other hand, Defiance led all issuers in asset gathering, bringing in $55 million in net new capital for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Direxion | 60 | $12.64B | 30.53% |
| GraniteShares | 73 | $8.90B | 21.50% |
| YieldMax | 41 | $6.05B | 14.61% |
| Tradr | 78 | $4.70B | 11.35% |
| T-Rex | 41 | $2.56B | 6.17% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Defiance | $55M |
| YieldMax | $52M |
| Roundhill | $15M |
| Outflows | |
| Direxion | -$235M |
| Tradr | -$110M |
| ProShares | -$21M |
For a deeper dive into these trends, access our FREE, in-depth Single Stock 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.
