Weekly Channel Summary
The Synthetic Income ETF channel currently tracks 345 ETFs across 66 distinct issuers, commanding a total Assets Under Management (AUM) of $180B. The channel experienced positive momentum recently, gathering +$1.19B in 5-Day Flows. Year-to-date, the category has pulled in +$12.28B, bringing the 1-Year Flow total to a robust +$69.27B.
This Week’s Performance Leaders and Laggards
The performance landscape for Synthetic Income ETFs was mixed over the past week, with strategy-specific and crypto-linked funds dominating the extreme ends of the spectrum. The Amplify Ethereum Max Income Covered Call ETF (EHY) led the pack, surging +16.41%. Conversely, digital asset income strategies struggled the most, with the Simplify Bitcoin Strategy PLUS Income ETF (MAXI) and the Tuttle Capital Bitcoin ODTE Covered Call ETF (BITK) posting the steepest declines at -5.63% and -5.54% respectively.
Top & Bottom 5 ETFs by Weekly Performance
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| EHY | Amplify Ethereum Max Income Covered Call ETF | +16.41% |
| KSLV | Kurv Silver Enhanced Income ETF | +11.10% |
| GDXW | Roundhill Gold Miners WeeklyPay ETF | +10.68% |
| ETTY | Amplify Ethereum 3% Monthly Option Income ETF | +9.98% |
| SLJY | Amplify SILJ Covered Call ETF | +8.77% |
| Bottom Performers | ||
| MAXI | Simplify Bitcoin Strategy PLUS Income ETF | -5.63% |
| BITK | Tuttle Capital Bitcoin ODTE Covered Call ETF | -5.54% |
| XBCI | NEOS Boosted Bitcoin High Income ETF | -4.67% |
| KLIP | KraneShares KWEB Covered Call Strategy ETF | -3.78% |
| BTCI | NEOS Bitcoin High Income ETF | -3.24% |
Analyzing the Weekly Flows
The Synthetic Income channel saw total net inflows of +$1.19B over the last five days. The Synthetic Income – Equity category dominated, capturing +$1,182M and bringing its AUM to $163,288M. The Synthetic Income – Fixed Income category also attracted consistent capital with +$34M in inflows. Conversely, the Synthetic Income – Single Stock category suffered the largest outflows, shedding -$72M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Synthetic Income – Equity | 175 | $163,288M | +$1,182M | +$6,559M | +$17,691M | +$12,019M | +$52,754M |
| Synthetic Income – Fixed Income | 20 | $4,964M | +$34M | +$163M | +$445M | +$264M | +$1,660M |
| Synthetic Income – Commodity | 12 | $2,252M | +$33M | +$204M | +$580M | +$396M | +$1,221M |
| Synthetic Income – Crypto | 22 | $1,379M | +$9M | +$75M | +$458M | +$232M | +$1,947M |
| Synthetic Income – Multi-Asset | 5 | $373M | +$1M | +$17M | +$177M | +$164M | +$200M |
| Synthetic Income – Single Stock | 104 | $7,919M | -$72M | -$532M | +$538M | -$812M | +$11,479M |
Top & Bottom 5 ETFs by 5-Day Flow
At the individual fund level, the JPMorgan NASDAQ Equity Premium Income ETF (JEPQ) led all inflows with +$378M. On the other end, the YieldMax Ultra Option Income Strategy ETF (ULTY) and the NEOS Nasdaq 100 High Income ETF (QQQI) saw the sharpest withdrawals at -$53M and -$48M, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| JEPQ | JPMorgan NASDAQ Equity Premium Income ETF | +$378M |
| JEPI | JPMorgan Equity Premium Income ETF | +$325M |
| GPIX | Goldman Sachs S&P 500 Premium Income ETF | +$64M |
| DIVO | Amplify CWP Enhanced Dividend Income ETF | +$61M |
| IDVO | Amplify CWP International Enhanced Dividend Income ETF | +$59M |
| Outflows | ||
| ULTY | YieldMax Ultra Option Income Strategy ETF | -$53M |
| QQQI | NEOS Nasdaq 100 High Income ETF | -$48M |
| USDX | SGI Enhanced Core ETF | -$19M |
| SDVD | FT Vest SMID Rising Dividend Achievers Target Income ETF | -$15M |
| KNG | FT Vest S&P 500 Dividend Aristocrats Target Income ETF | -$10M |
Issuer League Table Update
In the issuer rankings, JPMorgan maintains a commanding lead with a 44.11% market share, followed by Neos at 11.93%. JPMorgan was also the top asset gatherer for the week, netting +$703M in inflows. Meanwhile, YieldMax—despite being a top-tier issuer by AUM—experienced the largest weekly outflows, losing -$109M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| JPMorgan | 3 | $79.48B | 44.11% |
| Neos | 18 | $21.50B | 11.93% |
| Global X | 16 | $13.32B | 7.39% |
| YieldMax | 60 | $9.24B | 5.13% |
| FT Vest | 11 | $8.65B | 4.80% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| JPMorgan | +$703M |
| Amplify | +$128M |
| Goldman Sachs | +$119M |
| Outflows | |
| YieldMax | -$109M |
| Roundhill | -$18M |
| Main Funds | -$5M |
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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.
