Weekly Channel Summary
The EQ: Specialty channel currently manages $15.5B in total assets across 78 ETFs and 54 unique brands. The channel maintains positive momentum with $90M in net inflows over the past week, contributing to a Year-to-Date (YTD) total of $916M. Over the trailing one-year period, the channel has attracted a significant $3.39B in new investor capital, reflecting sustained interest in alternative equity structures.
This Week’s Performance Leaders and Laggards
Performance was broadly positive across the specialty categories this week. The Equity: Specialty – Long | Short category led the way with a 0.85% return, while the Equity: Specialty – Hedged category followed closely with a 0.79% gain. On a YTD basis, the Long | Short category remains the standout performer with a 3.76% return compared to 1.79% for the Hedged category.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Equity: Specialty – Long | Short | 0.85% | 2.18% | 6.69% | 7.48% | 3.76% | 9.89% |
| Equity: Specialty – Hedged | 0.79% | 1.78% | 5.46% | 7.80% | 1.79% | 10.75% |
Top & Bottom 5 ETFs by Weekly Performance
The ProShares Long Online/Short Stores ETF (CLIX) was the channel’s top performer this week, surging 4.96%. Conversely, the Simplify VettaFi Private Credit Strategy ETF (PCR) and the AGF U.S. Market Neutral Anti-Beta Fund (BTAL) were the primary laggards, declining -2.31% and -2.09% respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| CLIX | ProShares Long Online/Short Stores ETF | 4.96% |
| TOS | Twin Oak Strategic Solutions ETF | 3.13% |
| FORH | Formidable ETF | 2.69% |
| LSEQ | Harbor Long-Short Equity ETF | 2.60% |
| HFEQ | Unlimited HFEQ Equity Long/Short ETF | 2.11% |
| Bottom Performers | ||
| PCR | Simplify VettaFi Private Credit Strategy ETF | -2.31% |
| BTAL | AGF U.S. Market Neutral Anti-Beta Fund | -2.09% |
| CCOR | Core Alternative ETF | -0.98% |
| VAMO | Cambria Value & Momentum ETF | -0.59% |
| MKTN | Federated Hermes MDT Market Neutral ETF | -0.39% |
Analyzing the Weekly Flows
The channel gathered a total of $90M in net flows this week. The Equity: Specialty – Hedged category led with $47M in new assets, supporting its total AUM of $11.0B. The Equity: Specialty – Long | Short category also saw healthy participation with $42M in weekly inflows. No major category within the channel reported net outflows for the 5-day period.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Equity: Specialty – Hedged | 52 | $11.0B | $47M | $268M | $434M | $2,541M |
| Equity: Specialty – Long | Short | 26 | $4.5B | $42M | $251M | $482M | $848M |
Top & Bottom 5 ETFs by 5-Day Flow
The Militia Long/Short Equity ETF (ORR) led individual inflows with $29M in new assets. On the other side of the ledger, the Simplify Hedged Equity ETF (HEQT) saw -$11M in outflows, while the Toews Agility Shares Managed Risk ETF (MRSK) shed -$6M.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| ORR | Militia Long/Short Equity ETF | $29M |
| HELO | JPMorgan Hedged Equity Laddered Overlay ETF | $22M |
| SPYA | Twin Oak Endure ETF | $15M |
| KSPY | KraneShares Hedgeye Hedged Equity Index ETF | $8M |
| PRAE | PlanRock Alternative Growth ETF | $8M |
| Outflows | ||
| HEQT | Simplify Hedged Equity ETF | -$11M |
| MRSK | Toews Agility Shares Managed Risk ETF | -$6M |
| HEGD | Swan Hedged Equity US Large Cap ETF | -$4M |
| CSM | ProShares Large Cap Core Plus | -$2M |
| QBUL | TrueShares Quarterly Bull Hedge ETF | $0M |
Issuer League Table Update
JPMorgan remains the dominant force in the EQ: Specialty channel with a 26.73% market share, followed by First Trust at 13.99%. Militia was the top brand for gathering weekly inflows with $29M, while Simplify saw the largest net outflows among the top issuers this week, shedding -$11M.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| JPMorgan | 3 | $4.14B | 26.73% |
| First Trust | 1 | $2.17B | 13.99% |
| Fidelity | 2 | $0.85B | 5.49% |
| Simplify | 5 | $0.65B | 4.20% |
| Swan | 1 | $0.62B | 3.98% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Militia | $29M |
| JPMorgan | $22M |
| Twin Oak | $15M |
| Outflows | |
| Simplify | -$11M |
| Toews | -$6M |
| Swan | -$4M |
For a deeper dive into these trends, access our FREE, in-depth 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.
