The $3 Billion Surge: Single Stock ETFs Ride the Tech Hardware Wave

Share

Weekly Channel Summary

The Single Stock ETF channel continues its relentless expansion, ending the week with a staggering $54 billion in total AUM spread across 479 unique funds from 17 aggressive issuers. Traders were firmly in a risk-on mood, piling nearly $3 billion into the space over the last five days alone. This recent surge pushes Year-To-Date flows to an eye-watering $10.69 billion, cementing this structure as the vehicle of choice for high-conviction, tactical capital.

This Week’s Performance Leaders and Laggards

It was a massive week for tech hardware and health, with Western Digital (WDC) skyrocketing past the pack with a 32.5% gain, closely shadowed by Hims & Hers (HIMS). Meanwhile, space exploration and crypto proxies took it on the chin. Intuitive Machines (LUNR) cratered over 14%, and the high-flying MicroStrategy (MSTR) suffered a painful 9.2% haircut, proving that gravity still applies to Bitcoin hoarders.

Top & Bottom Underlying Stock Performance (WTD)

Ticker Underlying Stock Week-To-Date Return Year-To-Date Return Number of Funds Following Stock
Top 5 Performing Underlying Stocks
WDC Western Digital Corporation 32.56% 333.51% 1
HIMS Hims & Hers Health, Inc. Class A 32.25% 9.24% 3
MRNA Moderna, Inc. 28.15% 116.89% 2
BE Bloom Energy Corporation Class A 26.40% 278.54% 3
EOSE Eos Energy Enterprises, Inc. Class A 26.24% -33.25% 1
Bottom 5 Performing Underlying Stocks
LUNR Intuitive Machines, Inc. Class A -14.16% 40.79% 1
AXTI AXT, Inc. -12.98% 417.25% 1
BLSH Bullish -11.43% -36.36% 1
SNAP Snap, Inc. Class A -11.41% -42.26% 1
PL Planet Labs PBC Class A -9.37% 43.15% 1

Weekly Performance: The Winners and Losers

This is where the magic (and misery) of daily compounding shines. While Western Digital climbed 32%, the Tradr 2X Long WDC ETF (WDCX) went ballistic, delivering an incredible 71.2% return for the week. On the dark side of the moon, betting against CoreWeave proved toxic; the T-REX 2X Inverse ETF (CORD) got blown out, bleeding over 30%.

Ticker Fund Name WTD Performance
Top 5 Performing ETFs
WDCX Tradr 2X Long WDC Daily ETF 71.22%
HIMZ Defiance Daily Target 2X Long HIMS ETF 69.78%
MRNX Defiance Daily Target 2X Long MRNA ETF 60.78%
EOSU T-REX 2X Long EOSE Daily Target ETF 56.15%
BEX Tradr 2X Long BE Daily ETF 56.14%
Bottom 5 Performing ETFs
BEZ Tradr 2X Short BE Daily ETF -42.95%
NBIZ Tradr 2X Short NBIS Daily ETF -38.09%
SMZ Tradr 2X Short SMR Daily ETF -36.12%
CORD T-REX 2X Inverse CRWV Daily Target ETF -30.51%
AXTU T-REX 2X Long AXTI Daily Target ETF -29.12%

Analyzing the Weekly Flows

The flow data tells a very simple story this week: the bulls are in complete control. Levered funds absolutely dominated, vacuuming up over $2.2 billion in fresh capital in just five days. Conversely, Inverse funds saw an exodus, bleeding $87 million as bears threw in the towel. Options Overlay strategies quietly added $27 million, showing steady, if muted, interest in income generation.

Where the Money Went This Week

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Levered 286 $44,181.7M $2,231M $4,023M $5,825M $9,451M $14,143M
Options Overlay 97 $7,752.2M $27M $456M $1,023M $311M $7,365M
Autocallable 8 $11.3M $0M $4M $5M $6M $6M
Currency Hedged 9 $32.8M $0M $6M $2M $9M $12M
Inverse 48 $1,068.3M -$87M -$129M $258M $104M $539M

Flow Leaders & Laggards: The ETF Tale of the Tape

It was an absolute heist for Tradr’s 2X Long SNDK ETF (SNXX), which hauled in an astonishing $1.09 billion—a massive 25% of its AUM in a single week. On the flip side, GraniteShares saw traders aggressively take profits from their 2X Long MRVL ETF (MVLL), which hemorrhaged $272 million.

Ticker Fund Name 5-Day Flow
Top 5 Flow Leaders (Inflows)
SNXX Tradr 2X Long SNDK Daily ETF $1,099M
NVDL GraniteShares 2x Long NVDA Daily ETF $181M
MUU Direxion Daily MU Bull 2X ETF $163M
ASTX Tradr 2X Long ASTS Daily ETF $156M
AMDL GraniteShares 2x Long AMD Daily ETF $124M
Bottom 5 Flow Laggards (Outflows)
MVLL GraniteShares 2x Long MRVL Daily ETF -$272M
INTW GraniteShares 2x Long INTC Daily ETF -$38M
MSTZ T-Rex 2X Inverse MSTR Daily Target ETF -$34M
GOOY YieldMax GOOGL Option Income Strategy ETF -$29M
ROBN T-Rex 2X Long HOOD Daily Target ETF -$26M

Issuer League Table Update

Direxion comfortably holds the AUM crown with over $17 billion and 31.6% market share, but Tradr stole the show this week. Driven by their massive SNDK inflows, Tradr vacuumed up an incredible $1.5 billion, putting the rest of the league on notice. Meanwhile, T-Rex ended the week marginally in the red.

The Heavyweights: Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
Direxion 52 $17.01B 31.63%
GraniteShares 67 $11.60B 21.56%
Tradr 62 $8.72B 16.20%
YieldMax 40 $6.23B 11.58%
Defiance 62 $3.72B 6.92%

Weekly Flows: Issuer Edition

Brand 5-Day Flow
Top 3 Issuer Inflows
Tradr $1,545M
Leverage Shares $461M
Direxion $337M
Bottom 3 Issuer Outflows
T-Rex -$12M
KraneShares $0M
Bitwise $0M

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.