Weekly Channel Summary
The Single Stock channel closed the week with $42.29B in AUM spread across 612 ETFs from 18 issuers. Net flows totaled $506M for the five-day period, extending a strong year with $11,181M gathered YTD and $20,878M over the trailing year. The channel’s persistent inflow trend underscores continued investor appetite for leveraged and option-income exposure to individual names despite pockets of volatility.
This Week’s Performance Leaders and Laggards
Leveraged and inverse single-stock products led the week, with the Non-Traditional: Leverage | Inverse category (489 funds) gaining 4.57% WTD and now up 112.21% YTD, while Synthetic Income – Single Stock funds (113 funds) followed closely at 4.23% WTD and 22.00% YTD. Currency Hedged – Single Stock products lagged the group, rising a modest 0.58% WTD but still up 56.21% YTD. Underlying-stock performance drove much of the dispersion, with Coinbase surging 10.84% WTD even as it remains down 14.10% YTD, and AMD adding 8.46% WTD to extend a 161.40% YTD gain. On the downside, Netflix shares fell 7.25% WTD, weighing on funds tracking that name and contrasting with the broader leveraged category’s strength.
Top & Bottom Underlying Stock Performance (WTD)
| Ticker | Underlying Stock | Week-To-Date Return | Year-To-Date Return | Number of Funds Following Stock |
|---|---|---|---|---|
| Top Performers | ||||
| COIN | Coinbase Global Inc Shs | 10.84% | -14.10% | 2 |
| AMD | Advanced Micro Devices Inc | 8.46% | 161.40% | 1 |
| MRNA | Moderna Inc | 6.99% | 422.35% | 1 |
| BABA | Alibaba Group Hldg Ltd Sponsored Ads | 3.60% | -22.75% | 1 |
| META | Meta Platforms Inc | 2.73% | 0.86% | 2 |
| Bottom Performers | ||||
| NFLX | Netflix Inc. | -7.25% | -23.43% | 1 |
| XYZ | Block Inc | -3.70% | 17.19% | 1 |
| PYPL | Paypal Hldgs Inc | -2.44% | -10.23% | 1 |
| JPM | Jpmorgan Chase & Co | -1.84% | 8.52% | 1 |
| XOM | Exxonmobil Holdings Corp Com Shs | -1.48% | 35.90% | 1 |
Top & Bottom 5 ETFs by Weekly Performance
Fund-level performance this week was dominated by exposure to smaller, high-momentum names rather than mega-caps. Tradr 2X Long TEM Daily ETF (TEMT) topped the list with a 68.85% WTD gain, closely followed by Corgi TEM 2x Daily ETF (TEMC) at 68.27%. At the other end, Defiance Daily Target 2x Short MSTR ETF (SMST) declined 35.78% as MicroStrategy shares moved against the short position, with T-Rex 2X Inverse MSTR Daily Target ETF (MSTZ) close behind at -35.44%. These wide swings illustrate the amplified risk inherent in daily-reset leveraged products tied to volatile single names.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| TEMT | Tradr 2X Long TEM Daily ETF | 68.85% |
| TEMC | Corgi TEM 2x Daily ETF | 68.27% |
| GEMG | Leverage Shares 2X Long GEMI Daily ETF | 55.66% |
| FPSX | Leverage Shares 2X Long FPS Daily ETF | 48.00% |
| PUR | Defiance Daily Target 2X Long PURR ETF | 43.21% |
| Bottom Performers | ||
| SMST | Defiance Daily Target 2x Short MSTR ETF | -35.78% |
| MSTZ | T-Rex 2X Inverse MSTR Daily Target ETF | -35.44% |
| RCAX | Defiance Daily Target 2x Long RCAT ETF | -29.62% |
| CONI | GraniteShares 2x Short COIN Daily ETF | -27.68% |
| XNDX | Tradr 2X Long XNDU Daily ETF | -26.58% |
Analyzing the Weekly Flows
The channel gathered $506M in net inflows over the five-day period, with Levered products leading at $438M and Options Overlay funds contributing another $117M. Inverse funds were the notable laggard, shedding $52M as directional bets against single names cooled. Longer-term trends remain positive across most implementation types, with Levered products accounting for $9,923M of the channel’s $11,181M YTD total, though 30-day flows for that group turned negative at -$690M, hinting at some recent profit-taking after a strong run.
Where the Money Went This Week
| Implementation | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Levered | 426 | $33.26B | $438M | -$690M | -$62M | $9,923M | $16,895M |
| Options Overlay | 105 | $7.76B | $117M | $230M | $668M | $1,001M | $3,959M |
| Currency Hedged | 10 | $25M | $3M | $1M | -$5M | $4M | $5M |
| Autocallable | 8 | $20M | $0M | $4M | $9M | $15M | $15M |
| Inverse | 62 | $1.11B | -$52M | -$121M | $125M | $239M | $4M |
Top & Bottom 5 ETFs by 5-Day Flow
Direxion Daily TSLA Bull 2X ETF (TSLL) led all funds with $156M in weekly inflows, followed closely by Tradr 2X Long SNDK Daily ETF (SNXX) at $153M. On the outflow side, GraniteShares 2x Long AMD Daily ETF (AMDL) saw the largest redemptions at -$76M, notable given AMD’s strong 8.46% WTD price gain, while GraniteShares 2x Long NVDA Daily ETF (NVDL) followed with -$38M in outflows.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| TSLL | Direxion Daily TSLA Bull 2X ETF | $156M |
| SNXX | Tradr 2X Long SNDK Daily ETF | $153M |
| NBIL | GraniteShares 2x Long NBIS Daily ETF | $46M |
| HOOY | YieldMax HOOD Option Income Strategy ETF | $37M |
| MRNY | YieldMax MRNA Option Income Strategy ETF | $34M |
| Outflows | ||
| AMDL | GraniteShares 2x Long AMD Daily ETF | -$76M |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | -$38M |
| SKDD | GraniteShares 2x Short SK Hynix Daily ETF | -$35M |
| CONL | GraniteShares 2x Long COIN Daily ETF | -$27M |
| GGLL | Direxion Daily GOOGL Bull 2X ETF | -$23M |
Note: the following fund(s) were excluded from the flow totals above because the weekly flow exceeds 75% of the fund’s AUM and may be the result of a custom rebalance: SNDQ (-$104M).
Issuer League Table Update
Direxion remains the channel’s largest issuer with $13.04B in AUM (30.82% share), followed by GraniteShares at $9.29B (21.97% share). Tradr led all issuers in weekly inflows with $277M, well ahead of Leverage Shares at $105M and YieldMax at $104M. GraniteShares, despite its scale, recorded the largest weekly outflows among issuers at -$136M, with Defiance also seeing modest redemptions of -$26M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Direxion | 60 | $13.04B | 30.82% |
| GraniteShares | 73 | $9.29B | 21.97% |
| YieldMax | 41 | $6.22B | 14.70% |
| Tradr | 78 | $4.63B | 10.94% |
| T-Rex | 42 | $2.56B | 6.06% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Tradr | $277M |
| Leverage Shares | $105M |
| YieldMax | $104M |
| Outflows | |
| GraniteShares | -$136M |
| Defiance | -$26M |
| xETFs | $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.
