Weekly Channel Summary
The EQ: Specialty channel currently manages $20.7 billion in total assets across 80 ETFs from 54 distinct issuers. The channel experienced strong positive momentum this past week with $407 million in net inflows, bringing the year-to-date total to $5.89 billion. Over the past year, these specialty strategies have proven highly attractive to investors, successfully accumulating $7.67 billion in net new assets.
This Week’s Performance Leaders and Laggards
The Equity: Specialty – Hedged category led performance this week with a Week-to-Date (WTD) return of 0.89%, pushing its Year-to-Date (YTD) gain to a respectable 6.27%. The Equity: Specialty – Long | Short category lagged slightly with a 0.49% WTD return, though it continues to outpace the Hedged category on a YTD basis with a solid 7.05% gain.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Equity: Specialty – Hedged | 0.89% | 0.75% | 7.45% | 6.38% | 6.27% | 15.63% |
| Equity: Specialty – Long | Short | 0.49% | 0.04% | 5.49% | 6.65% | 7.05% | 11.90% |
Top & Bottom 5 ETFs by Weekly Performance
The Castellan Targeted Equity ETF (CTEF) was the standout performer this week, delivering a stellar 5.90% return. Conversely, the FINQ DOLLAR NEUTRAL U.S. Large Cap AI-Managed Equity ETF (AINT) and the AGF U.S. Market Neutral Anti-Beta Fund (BTAL) were the most significant laggards, losing 4.12% and 3.43%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| CTEF | Castellan Targeted Equity ETF | 5.90% |
| LSEQ | Harbor Long-Short Equity ETF | 4.51% |
| HFEQ | Unlimited HFEQ Equity Long/Short ETF | 4.40% |
| TOS | Twin Oak Strategic Solutions ETF | 4.00% |
| AAVM | Alpha Architect Global Factor Equity ETF | 2.64% |
| Bottom Performers | ||
| NLSI | NEOS Long/Short Equity Income ETF | -1.15% |
| KONG | Formidable Fortress ETF | -1.16% |
| HFSP | TradersAI Large Cap Equity & Cash ETF | -3.38% |
| BTAL | AGF U.S. Market Neutral Anti-Beta Fund | -3.43% |
| AINT | FINQ DOLLAR NEUTRAL U.S. Large Cap AI-Managed Equity ETF | -4.12% |
Analyzing the Weekly Flows
The channel captured $407 million in total net inflows this week. The Equity: Specialty – Long | Short category led the charge, bringing in $335 million to reach $9.3 billion in total AUM. The Equity: Specialty – Hedged category also saw positive interest, absorbing $72 million. There were no net-negative categories at the aggregate level this week.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Equity: Specialty – Long | Short | 28 | $9.3B | $335M | $4,402M | $4,637M | $5,284M | $5,585M |
| Equity: Specialty – Hedged | 52 | $11.4B | $72M | $155M | $109M | $603M | $2,080M |
Top & Bottom 5 ETFs by 5-Day Flow
The iShares Systematic Alternatives Active ETF (IALT) dominated inflows, attracting an impressive $313 million over the past five days. On the other end of the spectrum, the JPMorgan Hedged Equity Laddered Overlay ETF (HELO) and the JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) experienced the largest outflows, shedding $24 million and $14 million, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IALT | iShares Systematic Alternatives Active ETF | $313M |
| VAMO | Cambria Value & Momentum ETF | $56M |
| CAOS | Alpha Architect Tail Risk ETF | $34M |
| CLSE | Convergence Long/Short Equity ETF | $23M |
| MKTN | Federated Hermes MDT Market Neutral ETF | $10M |
| Outflows | ||
| HEQT | Simplify Hedged Equity ETF | -$2M |
| ORR | Militia Long/Short Equity ETF | -$5M |
| CBLS | Clough Hedged Equity ETF | -$6M |
| HOLA | JPMorgan International Hedged Equity Laddered Overlay ETF | -$14M |
| HELO | JPMorgan Hedged Equity Laddered Overlay ETF | -$24M |
Issuer League Table Update
iShares and JPMorgan are currently the dominant players in the Specialty equity space, capturing 21.59% and 20.77% of the total market share, respectively. iShares was also the most successful asset gatherer this week, pulling in a massive $313 million in new money. Conversely, JPMorgan experienced the largest net withdrawals, with $37 million leaving its product suite.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| iShares | 2 | $4.48B | 21.59% |
| JPMorgan | 3 | $4.30B | 20.77% |
| First Trust | 1 | $2.31B | 11.17% |
| Fidelity | 2 | $0.86B | 4.17% |
| Alpha Architect | 2 | $0.71B | 3.43% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $313M |
| Cambria | $56M |
| Alpha Architect | $34M |
| Outflows | |
| Militia | -$5M |
| Clough | -$6M |
| JPMorgan | -$37M |
For a deeper dive into these trends, access our FREE, in-depth 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.
