Macro Summary
The ETF market recorded $265.9B in total volume for the session, trading generally in line with historical averages at 101% of its 30-day ADV. The session exhibited a balanced tone across most asset classes, with Multi-Asset and Digital Assets leading proportional activity, while broader Equities and Fixed Income remained close to typical volume profiles.
| Asset Class | Volume | 30D Avg. | % of 30D Avg. |
|---|---|---|---|
| Equity | $170.18B | $169.89B | 100% |
| Fixed Income | $25.07B | $28.66B | 87% |
| Commodity | $6.59B | $7.25B | 91% |
| Digital Asset | $5.01B | $4.42B | 113% |
| Currency | $115.47M | $116.7M | 99% |
| Alternative | $944.84M | $1.04B | 91% |
| Non-Traditional | $57.67B | $51.23B | 113% |
| Multi-Asset | $328.65M | $255.09M | 129% |
Equity
Equity ETFs dominated total notional value at $170.18B, representing 100% of their 30-day average. The session saw elevated interest in the Latin America region and the Communication Services sector, alongside persistent thematic activity in FinTech and Information Technology.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Equity: Region – Latin America | 199% | $204.46M | -1.10% |
| Equity: Sector – Communication Services | 165% | $1.06B | -0.65% |
| Equity: Thematic – FinTech | 153% | $191.48M | +3.85% |
| Equity: Sector – Information Technology | 129% | $20.38B | +2.63% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| FYLD | Cambria Foreign Shareholder Yield ETF | 2118% | $63.58M | +1.01% |
| EYLD | Cambria Emerging Shareholder Yield ETF | 780% | $46.11M | +1.24% |
| DVYE | iShares Emerging Markets Dividend ETF | 642% | $32.19M | -0.49% |
| GVAL | Cambria Global Value ETF | 606% | $57.35M | +0.44% |
| PSP | Invesco Global Listed Private Equity ETF | 602% | $15.87M | -0.18% |
| EXI | iShares Global Industrials ETF | 469% | $29.77M | -0.01% |
| BLOK | Amplify Blockchain Technology ETF | 409% | $91.65M | +4.20% |
| EIDO | iShares MSCI Indonesia ETF | 402% | $64.68M | -3.78% |
| RSPN | Invesco S&P 500 Equal Weight Industrials ETF | 387% | $26.2M | -0.18% |
| SYLD | Cambria Shareholder Yield ETF | 380% | $16.09M | +0.68% |
Fixed Income
Fixed Income volume was muted at $25.07B, tracking at 87% of typical levels. Activity pockets emerged in specific taxable segments, notably International, Securitized, and Long-Term exposures.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Fixed Income: Taxable – International | 178% | $122.84M | -0.14% |
| Fixed Income: Taxable – Securitized | 166% | $740.67M | +0.01% |
| Fixed Income: Taxable – Long-Term | 126% | $716.61M | -0.22% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| CLIP | Global X 1-3 Month T-Bill ETF | 996% | $319.76M | +0.01% |
| LONZ | PIMCO Senior Loan Active Exchange-Traded Fund | 541% | $42.8M | +0.23% |
| PTRB | PGIM Total Return Bond ETF | 457% | $27.21M | +0.02% |
| TAGG | T. Rowe Price QM U.S. Bond ETF | 335% | $14.43M | -0.06% |
| IGOV | iShares International Treasury Bond ETF | 306% | $90.53M | -0.26% |
| MBB | iShares MBS ETF | 268% | $543.83M | -0.05% |
| GOVI | Invesco Equal Weight 0-30 Year Treasury ETF | 257% | $19.11M | -0.26% |
| IBDT | iShares iBonds Dec 2028 Term Corporate ETF | 229% | $28.75M | +0.04% |
| TDTF | FlexShares iBoxx 5 Year Target Duration TIPS Index Fund | 219% | $9.04M | -0.04% |
| IBHI | iShares iBonds 2029 Term High Yield and Income ETF | 220% | $6.05M | +0.00% |
Commodity
The Commodity space recorded $6.59B in volume, lightly trailing its 30-day average at 91%. Broad Market multi-sector strategies saw the most notable shifts in relative trading intensity despite a quiet session overall.
High-Volume Categories
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| DJP | iPath Bloomberg Commodity Index Total Return ETN | 452% | $16.15M | +0.24% |
| COM | Direxion Auspice Broad Commodity Strategy ETF | 367% | $21.88M | +0.08% |
| BAR | GraniteShares Gold Shares | 234% | $23.88M | +0.28% |
| FTGC | First Trust Global Tactical Commodity Strategy Fund | 216% | $46.48M | -0.04% |
| GLDM | SPDR Gold Minishares Trust of beneficial interest | 163% | $512.3M | +0.25% |
Digital Asset
Digital Asset ETFs traded actively at 113% of normal levels, totaling $5.01B. The asset class posted strong single-day performance, averaging +5.73% returns, though specific category-level volume spikes were limited.
High-Volume Categories
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| ETHB | iShares Staked Ethereum Trust ETF | 194% | $19.4M | +6.96% |
| BITW | Bitwise 10 Crypto Index ETF | 169% | $4.65M | +5.47% |
Currency
Currency ETFs experienced a balanced session with $115.47M in volume, operating right at 99% of their typical daily activity.
High-Volume Categories
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
No items met the inclusion criteria for this session.
Alternative
Alternatives traded $944.84M, or 91% of ADV. Short Volatility strategies stood out as a focal point for increased relative activity within the group.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Alternative: Volatility – Short | 165% | $215.58M | +0.94% |
High-Activity Ticker Outliers
No items met the inclusion criteria for this session.
Non-Traditional
Non-Traditional structures observed $57.67B in flow, tracking at 113% of their 30-day average. Leveraged and Inverse Equity instruments drove the bulk of the relative activity surge.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Non-Traditional: Leverage | Inverse – Equity | 131% | $38.44B | +0.26% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| MVLL | GraniteShares 2x Long MRVL Daily ETF | 368% | $954.58M | +18.55% |
| PJAN | Innovator U.S. Equity Power Buffer ETF – January | 371% | $23.05M | +0.12% |
| PJUN | Innovator U.S. Equity Power Buffer ETF – June | 345% | $33.12M | +0.10% |
| SLVO | UBS AG ETRACS Silver Shares Covered Call ETNs due April 21; 2033 ETP 2022-21.04.33 on CS NQ Slv FLS106 Pr | 291% | $25.54M | +0.32% |
| MRVU | Direxion Daily MRVL Bull 2X ETF | 254% | $151.08M | +19.26% |
| ROM | ProShares Ultra Technology | 252% | $24.21M | +4.50% |
| KORU | Direxion Daily MSCI South Korea Bull 3X ETF | 219% | $1.2B | +16.73% |
| BLOX | Nicholas Crypto Income ETF | 187% | $11.79M | +4.57% |
| CHPY | YieldMax Semiconductor Portfolio Option Income ETF | 176% | $96.66M | +5.19% |
| SH | ProShares Short S&P500 | 169% | $452.77M | -0.19% |
Multi-Asset
Multi-Asset ETFs saw outsized activity relative to historical norms, trading 129% of ADV with $328.65M in volume. Growth-oriented Target Risk allocations were a primary driver of the heightened turnover.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Asset Allocation: Target Risk – Growth | 142% | $124.05M | +0.33% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| YYY | Amplify CEF High Income ETF | 282% | $12.64M | -0.04% |
| CGBL | Capital Group Core Balanced ETF | 171% | $106.05M | +0.23% |
| GDE | WisdomTree Efficient Gold Plus Equity Strategy Fund | 162% | $16.55M | +1.10% |
