Weekly Channel Summary
The Single Stock channel ended the week with $30.05B in AUM spread across 597 ETFs from 17 issuers. Net inflows of $36M over the past five days were modest relative to the channel’s broader trend, with YTD net inflows of $12,327M and 1-Year net inflows of $17,564M underscoring sustained investor engagement with single-name leveraged and income products over the longer term. The five-day figure reflects a tug-of-war between heavy leveraged inflows and inverse/outflow pressure tied to underlying stock weakness.
This Week’s Performance Leaders and Laggards
Underlying stock moves drove sharp dispersion across the channel this week, with Non-Traditional: Synthetic Income – Single Stock funds (-4.51% WTD) outperforming on a relative basis against Non-Traditional: Leverage | Inverse – Single Stock funds, which fell 16.75% WTD as a basket of tech and EV names sold off. Moderna shares surged 14.64% WTD, pushing MRNA-tracking funds to the top of the underlying leaderboard, while Block (XYZ, +12.15%) and Alibaba (BABA, +11.64%) also posted strong weekly gains. On the downside, Exxon Mobil (-11.42%), AMD (-11.05%), and Tesla (-10.40%) weighed heavily on leveraged long products tied to those names, with Tesla’s weakness notably impactful given 10 funds track it. At the fund level, APPX led all single-stock ETFs with a 169.46% weekly gain, while LITU and other LITE-linked leveraged products fell more than 63% as that underlying name reversed sharply.
Top & Bottom Underlying Stock Performance (WTD)
| Ticker | Underlying Stock | Week-To-Date Return | Year-To-Date Return | Number of Funds Following Stock |
|---|---|---|---|---|
| Top Performers | ||||
| MRNA | Moderna Inc | 14.64% | 761.95% | 1 |
| XYZ | Block Inc | 12.15% | 31.33% | 1 |
| BABA | Alibaba Group Hldg Ltd Sponsored Ads | 11.64% | -25.33% | 1 |
| AMZN | Amazon Com Inc | 7.88% | 12.34% | 3 |
| PYPL | Paypal Hldgs Inc | 3.91% | 1.47% | 1 |
| Bottom Performers | ||||
| XOM | Exxonmobil Holdings Corp Com Shs | -11.42% | 37.83% | 1 |
| AMD | Advanced Micro Devices Inc | -11.05% | 109.68% | 1 |
| TSLA | Tesla Inc | -10.40% | -20.35% | 10 |
| NVDA | Nvidia Corporation | -8.80% | 0.08% | 8 |
| COIN | Coinbase Global Inc Shs | -6.12% | -40.41% | 2 |
Top & Bottom 5 ETFs by Weekly Performance
Leveraged funds tracking fast-moving momentum names dominated both ends of the weekly return spectrum. APPX and APPC topped performers with gains above 168%, closely followed by LITZ, a short-leveraged product that benefited from the LITE underlying’s steep decline. Conversely, long-leveraged LITE products including LITU, LITX, and LITG all lost roughly 63-64% as that stock moved sharply against them. This bifurcation highlights the amplified sensitivity of 2x daily products to single-session moves in their underlying shares.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| APPX | Tradr 2X Long APP Daily ETF | 169.46% |
| APPC | Corgi APP 2x Daily ETF | 168.67% |
| LITZ | Tradr 2X Short LITE Daily ETF | 97.11% |
| UNX | Tradr 2X Long U Daily ETF | 81.84% |
| RIOX | Defiance Daily Target 2X Long RIOT ETF | 61.14% |
| Bottom Performers | ||
| LITU | T-REX 2X Long LITE Daily Target ETF | -63.90% |
| LITX | Tradr 2X Long LITE Daily ETF | -63.89% |
| LITG | Leverage Shares 2X Long LITE Daily ETF | -63.62% |
| LITC | Corgi LITE 2x Daily ETF | -63.34% |
| AXTU | T-REX 2X Long AXTI Daily Target ETF | -56.74% |
Analyzing the Weekly Flows
The channel posted a modest net inflow of $36M for the week, masking significant rotation beneath the surface. Levered implementation products led inflows with $340M, extending a strong YTD pace of $11,035M and a 1-Year total of $15,259M, while Options Overlay products saw a small $63M outflow despite a robust $1,327M YTD and $2,692M 1-Year inflow pace. Inverse products were the weakest segment, shedding $242M over five days and continuing a negative 90-Day trend of -$389M. The data suggests traders are actively rotating leveraged long exposure toward specific momentum names even as broader inverse and option-income strategies see short-term pullbacks.
Where the Money Went This Week
| Implementation | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Levered | 404 | $21.43B | $340M | $637M | -$838M | $11,035M | $15,259M |
| Autocallable | 8 | $36M | $1M | $6M | $23M | $32M | $32M |
| Currency Hedged | 10 | $22M | $0M | -$5M | -$8M | $5M | -$1M |
| Options Overlay | 113 | $7.33B | -$63M | $269M | $576M | $1,327M | $2,692M |
| Inverse | 62 | $1.23B | -$242M | -$711M | -$389M | -$72M | -$418M |
Top & Bottom 5 ETFs by 5-Day Flow
Fund-level flows this week were concentrated around a handful of semiconductor and tech names. SNXX led all single-stock ETFs with $202M of net inflows, followed by INTW ($60M) and AMDL ($57M), reflecting trader appetite for leveraged exposure to chipmakers. On the outflow side, TSLL led redemptions at -$96M as Tesla shares declined, while SSPC and MSFU each shed roughly $68M. These patterns point to traders de-risking leveraged long Tesla and Microsoft positions while reallocating toward semiconductor names.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SNXX | Tradr 2X Long SNDK Daily ETF | $202M |
| INTW | GraniteShares 2x Long INTC Daily ETF | $60M |
| AMDL | GraniteShares 2x Long AMD Daily ETF | $57M |
| MVLL | GraniteShares 2x Long MRVL Daily ETF | $52M |
| AAOX | Tradr 2X Long AAOI Daily ETF | $34M |
| Outflows | ||
| TSLL | Direxion Daily TSLA Bull 2X ETF | -$96M |
| SSPC | Leverage Shares 2X Short SPCX Daily ETF | -$68M |
| MSFU | Direxion Daily MSFT Bull 2X ETF | -$68M |
| AMZU | Direxion Daily AMZN Bull 2X ETF | -$57M |
| LLYX | Defiance Daily Target 2X Long LLY ETF | -$52M |
Issuer League Table Update
Direxion remained the largest issuer in the channel by assets, holding $8.13B and a 27.04% share across 60 funds, followed by GraniteShares with $6.74B and a 22.44% share spread across 73 products. Despite its scale, Direxion suffered the week’s largest issuer-level outflow at -$202M, likely tied to redemptions in Tesla-linked leveraged products. Tradr led all issuers in weekly inflows with $214M, followed by GraniteShares at $186M, both benefiting from demand for semiconductor-focused leveraged ETFs. Defiance and YieldMax rounded out the outflow leaders, losing $79M and $46M respectively, as income-oriented and target-leveraged products saw modest redemptions.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Direxion | 60 | $8.13B | 27.04% |
| GraniteShares | 73 | $6.74B | 22.44% |
| YieldMax | 43 | $5.92B | 19.69% |
| Tradr | 71 | $2.12B | 7.07% |
| T-Rex | 43 | $1.98B | 6.60% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Tradr | $214M |
| GraniteShares | $186M |
| Corgi | $9M |
| Outflows | |
| Direxion | -$202M |
| Defiance | -$79M |
| YieldMax | -$46M |
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.
