Weekly Channel Summary
The Synthetic Income channel held $234.29B in assets across 444 ETFs from 82 issuers as of October 30, 2026. Weekly net flows came in positive at $1,127M, extending a strong year of demand with $69,096M gathered year-to-date and $79,898M over the trailing twelve months. The channel’s steady inflow trajectory reflects continued investor appetite for income-oriented strategies despite a rougher week for performance across several higher-volatility segments.
This Week’s Performance Leaders and Laggards
On a weekly basis, the lone Thematic Midstream & MLPs fund led all categories with a 0.96% gain, followed by Fixed Income at 0.38%, while most other segments finished in negative territory. Equity, the channel’s largest category by fund count, slipped 0.37% WTD but remains up 9.37% YTD, underscoring resilience over a longer horizon. Crypto was the weakest performer, down 5.88% for the week and 15.68% YTD, while Leverage | Inverse – Equity fell 9.07%. Single Stock funds also struggled, down 3.75% WTD despite a robust 20.41% YTD gain, highlighting the volatility embedded in option-income strategies tied to individual names.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Equity: Thematic – Midstream & MLPs | 0.96% | 6.30% | — | — | — | — |
| Fixed Income | 0.38% | 2.11% | 0.94% | 0.81% | 2.24% | 2.44% |
| Multi-Asset | -0.10% | -0.46% | -0.16% | 1.64% | 4.80% | 7.30% |
| Equity | -0.37% | -1.24% | 1.62% | 4.16% | 9.37% | 10.86% |
| Commodity | -3.37% | -6.12% | -2.74% | -13.47% | -1.46% | 5.35% |
| Single Stock | -3.75% | -8.02% | 17.12% | 10.54% | 20.41% | 7.99% |
| Crypto | -5.88% | -8.93% | 15.63% | -4.21% | -15.68% | -30.32% |
| Leverage | Inverse – Equity | -9.07% | — | — | — | — | — |
Top & Bottom 5 ETFs by Weekly Performance
MLPI topped the weekly leaderboard with a 2.69% gain, followed closely by SMRF at 2.43% and ACRT at 2.16%. At the other end, SOLM was the week’s worst performer, down 11.41%, with MAXI close behind at -10.20%. Crypto-linked income products dominated the bottom of the list, consistent with the broader weakness seen in that category’s weekly performance. The spread between top and bottom funds illustrates the wide dispersion in outcomes across underlying asset exposures this week.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| MLPI | NEOS MLP & Energy Infrastructure High Income ETF | 2.69% |
| SMRF | ALPS Nautilus SMR, Nuclear & Technology ETF | 2.43% |
| ACRT | ProShares Russell 2000 Autocallable Income ETF | 2.16% |
| YQQQ | YieldMax Short N100 Option Income Strategy ETF | 2.06% |
| DOGG | FT Vest DJIA Dogs 10 Target Income ETF | 2.02% |
| Bottom Performers | ||
| SOLM | Amplify Solana 3% Monthly Option Income ETF | -11.41% |
| MAXI | Simplify Bitcoin Strategy ETF | -10.20% |
| XX | Roundhill S&P 500 Target 10,000 2030 ETF | -9.07% |
| KSLV | Kurv Silver Enhanced Income ETF | -9.06% |
| XBCI | NEOS Boosted Bitcoin High Income ETF | -8.59% |
Analyzing the Weekly Flows
Synthetic Income gathered $1,127M in net new assets over the week, with Equity funds driving the bulk of demand at $1,105M, supported by smaller inflows into Crypto ($37M) and Fixed Income ($16M). Single Stock funds saw the largest outflow at $33M, while Commodity funds posted a modest $1M redemption. The concentration of inflows in Equity reflects continued investor preference for broad-based option-income strategies over narrower thematic or single-name exposures. Longer-term flow trends remain strongly positive across nearly every category, with Equity alone accounting for $62,683M of YTD channel inflows.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Equity | 247 | $214.73B | $1,105M | $6,058M | $19,527M | $62,683M | $70,838M |
| Crypto | 22 | $2.26B | $37M | $167M | $357M | $1,269M | $1,615M |
| Fixed Income | 25 | $6.22B | $16M | $17M | $454M | $1,834M | $2,248M |
| Multi-Asset | 6 | $536M | $2M | $40M | $65M | $326M | $333M |
| Leverage | Inverse – Equity | 1 | $2M | $0M | $2M | $2M | $2M | $2M |
| Equity: Thematic – Midstream & MLPs | 1 | $38M | $0M | $0M | $37M | $37M | $37M |
| Commodity | 18 | $2.58B | -$1M | $50M | $512M | $1,540M | $1,832M |
| Single Stock | 123 | $7.86B | -$33M | $354M | $670M | $1,405M | $2,993M |
Top & Bottom 5 ETFs by 5-Day Flow
JEPQ was the standout inflow leader for the week, pulling in $367M, well ahead of GPIQ at $151M. On the outflow side, NBOS led redemptions at $40M, followed by DIVO at $36M. The pattern suggests investors rotated toward large, diversified option-income funds while trimming positions in smaller single-stock or niche income strategies.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| JEPQ | JPMorgan NASDAQ Equity Premium Income ETF | $367M |
| GPIQ | Goldman Sachs Nasdaq-100 Premium Income ETF | $151M |
| ACYN | FT Vest Laddered Autocallable Barrier & Income ETF | $109M |
| GPIX | Goldman Sachs S&P 500 Premium Income ETF | $108M |
| ACYS | FT Vest Laddered Autocallable Barrier & Resilient Income ETF | $44M |
| Outflows | ||
| NBOS | Neuberger Option Strategy ETF | -$40M |
| DIVO | Amplify CWP Enhanced Dividend Income ETF | -$36M |
| MSFW | Roundhill MSFT WeeklyPay ETF | -$28M |
| LQTI | FT Vest Investment Grade & Target Income ETF | -$24M |
| METW | Roundhill META WeeklyPay ETF | -$20M |
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: ACSP ($50M).
Issuer League Table Update
JPMorgan remains the dominant issuer in the channel with a 39.30% market share and $92.09B in assets across just 5 funds, followed by Neos at 15.74% share with $36.88B spread across 19 funds. JPMorgan also led weekly inflows with $410M, followed by Goldman Sachs at $259M, reinforcing their positions as the channel’s primary beneficiaries of investor demand. On the outflow side, Neuberger Berman saw the largest weekly redemption among issuers at $40M, trailed by Roundhill at $31M. The concentration of both assets and flows among a handful of large issuers highlights the scale advantages enjoyed by established providers in the Synthetic Income space.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| JPMorgan | 5 | $92.09B | 39.30% |
| Neos | 19 | $36.88B | 15.74% |
| Global X | 16 | $13.75B | 5.87% |
| Goldman Sachs | 2 | $13.08B | 5.58% |
| FT Vest | 29 | $10.62B | 4.53% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| JPMorgan | $410M |
| Goldman Sachs | $259M |
| First Trust | $109M |
| Outflows | |
| Neuberger Berman | -$40M |
| Roundhill | -$31M |
| Amplify | -$28M |
For a deeper dive into these trends, access our FREE, in-depth Synthetic Income 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.
