Weekly Channel Summary
The Synthetic Income channel, comprising 423 ETFs from 79 issuers, now holds $222.13 billion in assets under management. Investors added a substantial $1.98 billion to the channel over the past week. This recent activity contributes to a year-to-date net inflow of $56.57 billion, while the twelve-month total now stands at $75.56 billion in new capital.
This Week’s Performance Leaders and Laggards
Single Stock funds led performance for the week, returning 3.33% and extending their year-to-date gain to 15.57%. The Crypto category also posted a strong weekly gain of 2.13%, although it remains down 12.36% for the year. On the other end of the spectrum, Fixed Income was the only category to finish in the red, posting a slight loss of 0.12%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Single Stock | 3.33% | 11.67% | 5.68% | 19.23% | 15.57% | 20.58% |
| Crypto | 2.13% | 17.83% | 19.53% | 6.87% | -12.36% | -28.04% |
| Commodity | 0.55% | 8.72% | -2.81% | -5.69% | 8.33% | 23.65% |
| Equity | 0.24% | 0.86% | 2.71% | 8.16% | 10.89% | 17.32% |
| Multi-Asset | 0.18% | 0.10% | 0.43% | 5.85% | 6.76% | 15.92% |
| Fixed Income | -0.12% | -0.03% | -0.27% | -0.13% | 1.61% | 4.03% |
Top & Bottom 5 ETFs by Weekly Performance
The Nicholas Crypto Income ETF (BLOX) was the top-performing fund this week with a notable 8.61% gain. Another crypto-focused fund, the Simplify Bitcoin Strategy ETF (MAXI), also delivered strong returns by rising 7.39%. Conversely, the Amplify HACK Cybersecurity Covered Call ETF (HAKY) was the week’s laggard, declining by 3.66%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| BLOX | Nicholas Crypto Income ETF | 8.61% |
| MAXI | Simplify Bitcoin Strategy ETF | 7.39% |
| USOY | Defiance Oil Enhanced Options Income ETF | 6.83% |
| LFGY | YieldMax Crypto Industry & Tech Portfolio Option Income ETF | 6.53% |
| USOI | UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037 | 4.61% |
| Bottom Performers | ||
| HAKY | Amplify HACK Cybersecurity Covered Call ETF | -3.66% |
| WEPN | Nicholas Defense and Rare Earth Income ETF | -3.38% |
| KCOP | Kurv Copper & Mining Enhanced Income ETF | -2.63% |
| SPCI | Tuttle Capital Space Industry Income Blast ETF | -2.12% |
| NUGY | GraniteShares YieldBOOST Gold Miners ETF | -1.97% |
Analyzing the Weekly Flows
Investors allocated nearly $1.98 billion in net new assets to Synthetic Income ETFs over the week. The Equity category was the primary destination for this capital, attracting over $1.80 billion in net inflows. All other categories also saw positive flows, though on a much smaller scale, with Fixed Income funds gathering the second-most at $71 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Equity | 238 | $203.40B | $1,808M | $6,986M | $19,691M | $51,515M | $65,421M |
| Fixed Income | 25 | $6.12B | $71M | $256M | $701M | $1,679M | $2,450M |
| Single Stock | 115 | $7.54B | $54M | $45M | $574M | $804M | $3,776M |
| Commodity | 17 | $2.59B | $38M | $269M | $531M | $1,310M | $1,864M |
| Crypto | 22 | $1.99B | $9M | $74M | $243M | $988M | $1,758M |
| Multi-Asset | 6 | $493M | $3M | $16M | $57M | $277M | $294M |
Top & Bottom 5 ETFs by 5-Day Flow
The JPMorgan NASDAQ Equity Premium Income ETF (JEPQ) was the clear leader in asset gathering, pulling in $564 million in new money. On the other side of the ledger, the Amplify CWP Enhanced Dividend Income ETF (DIVO) experienced the largest redemption, with outflows totaling $68 million. The Global X NASDAQ 100 Covered Call ETF (QYLD) also saw significant withdrawals, shedding $34 million.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| JEPQ | JPMorgan NASDAQ Equity Premium Income ETF | $564M |
| JEPI | JPMorgan Equity Premium Income ETF | $205M |
| GPIQ | Goldman Sachs Nasdaq-100 Premium Income ETF | $157M |
| ACYN | FT Vest Laddered Autocallable Barrier & Income ETF | $119M |
| GPIX | Goldman Sachs S&P 500 Premium Income ETF | $112M |
| Outflows | ||
| DIVO | Amplify CWP Enhanced Dividend Income ETF | -$68M |
| QYLD | Global X NASDAQ 100 Covered Call ETF | -$34M |
| TLTW | iShares 20+ Year Treasury Bond BuyWrite Strategy ETF | -$10M |
| ACIO | Aptus Collared Investment Opportunity ETF | -$9M |
| BTCI | NEOS Bitcoin High Income ETF | -$8M |
Issuer League Table Update
JPMorgan continues to lead the issuer landscape with a dominant 40.17% market share, followed by Neos at 15.13%. Reinforcing its top position, JPMorgan also captured the most inflows this week, adding a substantial $842 million to its funds. Meanwhile, Amplify recorded the largest net outflows among issuers, with investors pulling $56 million from its ETF lineup.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| JPMorgan | 5 | $89.23B | 40.17% |
| Neos | 18 | $33.60B | 15.13% |
| Global X | 17 | $13.58B | 6.11% |
| Goldman Sachs | 2 | $11.24B | 5.06% |
| FT Vest | 22 | $10.32B | 4.64% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| JPMorgan | $842M |
| Neos | $293M |
| Goldman Sachs | $269M |
| Outflows | |
| Amplify | -$56M |
| Global X | -$34M |
| Aptus | -$16M |
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.
