Weekly Channel Summary
The Specialty ETF channel, encompassing 78 funds from 51 issuers, closed the week with $24.13 billion in total assets. Investors added a net $578 million to the channel over the past five days, contributing to a strong year-to-date inflow of $9.01 billion. Over the last twelve months, the channel has attracted a total of $10.62 billion in net new assets.
This Week’s Performance Leaders and Laggards
The Long | Short category led performance for the week, posting a 0.77% gain. This category has also demonstrated strong longer-term performance, returning 11.17% year-to-date. In contrast, the Hedged category experienced a slight decline, finishing the week down -0.24%, though it remains positive on the year with a 5.65% return.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Long | Short | 0.77% | 1.83% | 3.54% | 9.45% | 11.17% | 17.76% |
| Hedged | -0.24% | 0.37% | 2.36% | 4.47% | 5.65% | 13.09% |
Top & Bottom 5 ETFs by Weekly Performance
Among individual funds, the Harbor Long-Short Equity ETF (LSEQ) was the top performer, delivering a 3.38% return for the week. On the other end of the spectrum, the ProShares Long Online/Short Stores ETF (CLIX) faced the largest decline, falling -3.83%. The week’s results highlight the diverse outcomes possible within alternative strategies.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| LSEQ | Harbor Long-Short Equity ETF | 3.38% |
| LBAY | Leatherback Long/Short Alternative Yield ETF | 2.17% |
| TOS | Twin Oak Strategic Solutions ETF | 1.80% |
| EMPB | Efficient Market Portfolio Plus ETF Trust Units | 1.57% |
| SHRT | Gotham Short Strategies ETF | 1.49% |
| Bottom Performers | ||
| CLIX | ProShares Long Online/Short Stores ETF | -3.83% |
| AINT | FINQ DOLLAR NEUTRAL U.S. Large Cap AI-Managed Equity ETF | -3.60% |
| PCR | Simplify VettaFi Private Credit Strategy ETF | -2.98% |
| HBTA | Horizon Expedition Plus ETF | -1.87% |
| MSTQ | LHA Market State Tactical Q ETF | -1.85% |
Analyzing the Weekly Flows
The Specialty channel saw robust net inflows of $578 million for the week. Hedged strategies were the clear favorite among investors, attracting $467 million in new capital. The Long | Short category also saw positive interest, pulling in the remaining $111 million for the week.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Hedged | 50 | $12.19B | $467M | $761M | $837M | $1,381M | $2,656M |
| Long | Short | 28 | $11.94B | $111M | $1,292M | $6,882M | $7,627M | $7,962M |
Top & Bottom 5 ETFs by 5-Day Flow
A single fund accounted for the vast majority of the channel’s inflows, as the JPMorgan Hedged Equity Laddered Overlay ETF (HELO) collected an impressive $383 million. Outflows were minimal across the channel, led by the Invesco S&P 500 Downside Hedged ETF (PHDG), which shed -$10 million. The Militia Long/Short Equity ETF (ORR) saw the second-largest redemption at -$5 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| HELO | JPMorgan Hedged Equity Laddered Overlay ETF | $383M |
| SPUC | Simplify US Equity Income ETF | $50M |
| IALT | iShares Systematic Alternatives Active ETF | $44M |
| CLSE | Convergence Long/Short Equity ETF | $38M |
| BFLX | iShares Flexible Equity Active ETF | $31M |
| Outflows | ||
| PHDG | Invesco S&P 500 Downside Hedged ETF | -$10M |
| ORR | Militia Long/Short Equity ETF | -$5M |
| ATTR | Arin Tactical Tail Risk ETF | -$2M |
| CSM | ProShares Large Cap Core Plus | -$2M |
| SWAN | Amplify BlackSwan Growth & Treasury Core ETF | -$2M |
Issuer League Table Update
iShares and JPMorgan continue to dominate the Specialty channel, commanding 28.16% and 20.09% of the market share, respectively. Driven by its flagship fund, JPMorgan led all issuers with $383 million in weekly net inflows. On the other side of the ledger, Invesco experienced the largest net outflows for the week, totaling -$10 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 2 | $6.79B | 28.16% |
| JPMorgan | 3 | $4.85B | 20.09% |
| First Trust | 1 | $2.47B | 10.23% |
| Fidelity | 2 | $939M | 3.89% |
| Convergence | 1 | $796M | 3.30% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| JPMorgan | $383M |
| iShares | $74M |
| Simplify | $51M |
| Outflows | |
| Invesco | -$10M |
| Militia | -$5M |
| Arin | -$2M |
For a deeper dive into these trends, access our FREE, in-depth EQ: Specialty 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.
