JPMorgan Funds Dominate as Synthetic Income Channel Pulls in $1.7 Billion

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Weekly Channel Summary

The Synthetic Income channel encompasses 421 ETFs from 79 issuers, with total assets under management reaching $222.74 billion. Investors added a net $1.68 billion to the channel over the past week, contributing to a year-to-date inflow of $54.57 billion. Over the last twelve months, the channel has attracted nearly $75.0 billion in new capital.

This Week’s Performance Leaders and Laggards

Crypto-linked funds led performance this week with a modest 0.72% gain, though the category remains down 14.16% year-to-date. Equity, the channel’s largest category, posted a 0.22% weekly return, bringing its 2026 performance to 10.61%. On the downside, Commodity-focused strategies were the worst performers, falling 2.29% for the week.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Crypto 0.72% 16.38% 1.92% 13.80% -14.16% -30.91%
Single Stock 0.51% 15.00% 0.47% 20.49% 12.23% 15.99%
Fixed Income 0.37% -0.01% 0.02% -0.35% 1.71% 4.30%
Equity 0.22% 3.72% 2.85% 7.74% 10.61% 16.94%
Multi-Asset 0.20% 1.81% 0.54% 5.40% 6.56% 15.32%
Commodity -2.29% 9.86% -3.03% -8.31% 6.98% 25.07%

Top & Bottom 5 ETFs by Weekly Performance

The Amplify Solana 3% Monthly Option Income ETF (SOLM) was the standout performer, surging 9.36% over the week. In contrast, the Tuttle Capital Space Industry Income Blast ETF (SPCI) experienced the steepest decline, dropping 8.33%. The Simplify Gold Strategy ETF (YGLD) also faced significant headwinds, falling 8.27% amidst weakness in the commodity space.

Ticker Fund Name WTD Performance
Top Performers
SOLM Amplify Solana 3% Monthly Option Income ETF 9.36%
HAKY Amplify HACK Cybersecurity Covered Call ETF 3.33%
KEO Kurv Equity Option Income ETF 3.11%
FDND FT Vest Dow Jones Internet & Target Income ETF 2.69%
AIPI REX AI Equity Premium Income ETF 2.56%
Bottom Performers
SPCI Tuttle Capital Space Industry Income Blast ETF -8.33%
YGLD Simplify Gold Strategy ETF -8.27%
ULTI REX IncomeMax Option Strategy ETF -5.84%
KSLV Kurv Silver Enhanced Income ETF -4.69%
GLDW Roundhill Gold WeeklyPay ETF -4.38%

Analyzing the Weekly Flows

Investors allocated a net $1.68 billion to the Synthetic Income channel this week, with the vast majority directed towards Equity strategies. The Equity category alone attracted over $1.46 billion, continuing its strong year-to-date trend. All other categories also saw positive, albeit much smaller, net inflows for the week, indicating broad investor interest.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Equity 236 $203.94B $1,465M $7,253M $20,046M $49,690M $64,700M
Single Stock 115 $7.56B $69M $51M $640M $750M $3,887M
Commodity 17 $2.62B $69M $252M $510M $1,272M $1,842M
Fixed Income 25 $6.09B $61M $234M $656M $1,607M $2,434M
Crypto 22 $2.03B $13M $71M $255M $979M $1,819M
Multi-Asset 6 $496M $2M $14M $58M $274M $291M

Top & Bottom 5 ETFs by 5-Day Flow

The JPMorgan NASDAQ Equity Premium Income ETF (JEPQ) led all funds, pulling in $397 million in new assets. Its counterpart, the JPMorgan Equity Premium Income ETF (JEPI), also saw strong demand with $160 million in inflows. Conversely, the Amplify CWP Enhanced Dividend Income ETF (DIVO) saw the largest redemption of $80 million, followed by the NEOS Nasdaq 100 High Income ETF (QQQI) with $50 million in outflows.

Ticker Fund Name 5-Day Flow
Inflows
JEPQ JPMorgan NASDAQ Equity Premium Income ETF $397M
JEPI JPMorgan Equity Premium Income ETF $160M
ACYN FT Vest Laddered Autocallable Barrier & Income ETF $122M
GPIX Goldman Sachs S&P 500 Premium Income ETF $84M
GPIQ Goldman Sachs Nasdaq-100 Premium Income ETF $74M
Outflows
DIVO Amplify CWP Enhanced Dividend Income ETF -$80M
QQQI NEOS Nasdaq 100 High Income ETF -$50M
KNG FT Vest S&P 500 Dividend Aristocrats Target Income ETF -$13M
ISPY ProShares S&P 500 High Income ETF -$9M
DIVN Horizon Dividend Income ETF -$7M

Issuer League Table Update

JPMorgan maintains its dominant position in the channel, commanding a 40.31% market share, trailed by Neos with 15.08%. Reinforcing its leadership, JPMorgan also led weekly inflows, attracting $591 million across its fund lineup. On the other side of the ledger, Amplify experienced the largest net outflows among issuers, with redemptions totaling $52 million.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
JPMorgan 5 $89.78B 40.31%
Neos 18 $33.59B 15.08%
Global X 17 $13.57B 6.09%
Goldman Sachs 2 $11.08B 4.97%
Amplify 16 $10.40B 4.67%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
JPMorgan $591M
First Trust $162M
Goldman Sachs $158M
Outflows
Amplify -$52M
Horizon -$7M
ProShares -$6M

For a deeper dive into these trends, access our FREE, in-depth Synthetic Income 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.