Macro Summary
The aggregate market volume for the March 26, 2026 session reached $322.70B, registering a muted 88% of its 30-day average. The session featured broadly negative returns across most segments, with Fixed Income and Currencies exhibiting the most normalized activity levels relative to other asset classes.
| Asset Class | Volume | 30D Avg. | % of 30D Avg. |
|---|---|---|---|
| Equity | $217.61B | $253.41B | 86% |
| Fixed Income | $39.59B | $39.86B | 99% |
| Commodities | $17.78B | $20.05B | 89% |
| Digital Asset | $4.19B | $5.42B | 77% |
| Currencies | $151.01M | $159.52M | 95% |
| Alternatives | $1.72B | $1.95B | 88% |
| Non-Traditional | $41.47B | $44.95B | 92% |
| Multi-Asset | $197.41M | $260.66M | 76% |
Equity
Equity ETFs drove the bulk of market liquidity with $217.61B in volume, operating at 86% of the 30-day average. Activity was concentrated in specific international and mid-cap growth segments amidst broadly negative daily returns.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Equity: Global Ex-U.S. Small | Mid Cap | 153% | $587.38M | -1.91% |
| Equity: U.S. Mid Cap – Growth | 148% | $406.71M | -2.22% |
| Equity: Region – Asia-Pacific Ex-Japan | 144% | $359.68M | -3.08% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| JHEM | John Hancock Multifactor Emerging Markets ETF | 1190% | $41.79M | -2.98% |
| TOUS | T. Rowe Price International Equity ETF | 827% | $66.72M | -2.19% |
| GQGU | GQG US Equity ETF | 602% | $32.89M | +0.56% |
| EFIV | State Street SPDR S&P 500 ESG ETF | 530% | $14.43M | -1.67% |
| JVAL | JPMorgan U.S. Value Factor ETF US Value Factor Fund | 521% | $15.65M | -1.25% |
| TCAF | T. Rowe Price Capital Appreciation Equity ETF | 494% | $136.62M | -1.74% |
| XOVR | ERShares Private-Public Crossover ETF | 400% | $38.67M | -1.23% |
| FXN | First Trust Energy AlphaDEX Fund | 361% | $64.86M | +0.80% |
| AIA | iShares Asia 50 ETF | 330% | $195.79M | -4.30% |
| CLSE | Convergence Long/Short Equity ETF | 311% | $7.99M | -2.48% |
Fixed Income
Fixed Income ETFs saw $39.59B in total volume, tracking very closely to its 30-day average at 99%. High Yield Municipal bonds experienced outsized activity levels, acting as a primary driver of the asset class.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Fixed Income: Municipal – High Yield | 180% | $239.40M | -0.41% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| HYMB | State Street SPDR Nuveen ICE High Yield Municipal Bond ETF | 685% | $151.60M | -0.77% |
| IBTM | iShares iBonds Dec 2032 Term Treasury ETF | 511% | $13.82M | -0.46% |
| FALN | iShares Fallen Angels USD Bond ETF | 465% | $179.18M | -0.75% |
| PMMF | iShares Prime Money Market ETF | 405% | $38.51M | +0.00% |
| TAGG | T. Rowe Price QM U.S. Bond ETF | 374% | $11.17M | -0.97% |
| CALI | iShares Short-Term California Muni Active ETF | 327% | $10.22M | -0.11% |
| ITM | VanEck Intermediate Muni ETF | 315% | $33.23M | -0.24% |
| SPBO | State Street SPDR Portfolio Corporate Bond ETF | 271% | $47.10M | -0.67% |
| PWZ | Invesco California AMT-Free Municipal Bond ETF | 261% | $12.02M | -0.40% |
| JMUB | JPMorgan Municipal ETF | 257% | $101.21M | -0.19% |
Commodities
Commodities generated $17.78B in volume, operating at 89% of normal activity levels. The Agriculture category was a notable outlier, showing positive returns alongside heightened participation.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Commodity: Focused – Agriculture | 146% | $118.44M | +0.81% |
High-Activity Ticker Outliers
No items met the inclusion criteria for this session.
Digital Asset
Digital Asset ETFs recorded $4.19B in trading volume, remaining muted at 77% of average activity levels as cryptocurrencies broadly pulled back.
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.
Currencies
Currency ETFs produced $151.01M in volume, operating near 95% of the 30-day average, led primarily by Euro-focused exposures.
High-Volume Categories
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| FXE | Invesco CurrencyShares Euro Trust | 223% | $54.55M | -0.22% |
Alternatives
Alternative ETFs traded $1.72B in volume, registering at 88% of typical activity, with relatively flat to marginally positive returns overall.
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.
Non-Traditional
Non-Traditional strategies generated $41.47B in volume at 92% of the 30-day average. Activity was selectively elevated across specific leveraged and inverse single-stock exposures and synthetic income strategies.
High-Volume Categories
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| DGP | DB Gold Double Long Exchange Traded Notes | 333% | $55.58M | -7.65% |
| METU | Direxion Daily META Bull 2X ETF | 266% | $175.10M | -15.26% |
| GMAR | FT Vest U.S. Equity Moderate Buffer ETF – March | 202% | $7.03M | -0.88% |
| FEPI | REX FANG & Innovation Equity Premium Income ETF | 182% | $11.97M | -3.06% |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | 167% | $1.27B | +1.32% |
| USDX | SGI Enhanced Core ETF | 163% | $4.20M | +0.18% |
| GJAN | FT Vest U.S. Equity Moderate Buffer ETF – Jan | 152% | $4.74M | -0.97% |
Multi-Asset
Multi-Asset volume was notably quiet at $197.41M, trading at just 76% of typical activity amidst negative session returns.
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.
