Weekly Channel Summary
The Leverage & Inverse channel encompasses 787 ETFs from 27 issuers, with total assets under management standing at $180.4 billion. The segment attracted $510 million in net inflows over the past week, contributing to a positive trend for the year. Year-to-date net flows have reached $6.40 billion, while the one-year total stands at $6.93 billion.
This Week’s Performance Leaders and Laggards
Performance across Leverage & Inverse categories was mixed this week, with Crypto products leading gains at 1.87%. Fixed Income strategies also posted a positive return of 1.62%. On the other end of the spectrum, Single Stock funds were the worst performers, declining by 3.97% for the week. Despite the weekly loss, the Single Stock category remains the top performer year-to-date with a remarkable 77.78% gain.
Top & Bottom 5 ETFs by Weekly Performance
Gains in the crypto space propelled several funds to the top of the performance charts this week. The 2x Solana ETF (SOLT) and the ProShares Ultra Solana ETF (SLON) surged by 25.85% and 25.45%, respectively. Conversely, thematic technology funds faced significant headwinds. The Defiance 2X Daily Long Pure Quantum ETF (QPUX) was the week’s biggest laggard, plummeting 25.61%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| SOLT | 2x Solana ETF | 25.85% |
| SLON | ProShares Ultra Solana ETF | 25.45% |
| WXET | Teucrium 2x Daily Wheat ETF | 24.81% |
| CXRN | Teucrium 2x Daily Corn ETF | 11.17% |
| DULL | MicroSectors Gold -3X Inverse Leveraged ETNs | 10.48% |
| Bottom Performers | ||
| QPUX | Defiance 2X Daily Long Pure Quantum ETF | -25.61% |
| XQTM | Corgi Quantum Computing 2x Daily ETF | -18.88% |
| SUIL | Volatility Shares 2x Sui ETF | -18.26% |
| TXXS | 21Shares 2x Long Sui ETF | -16.71% |
| STLU | Volatility Shares 2x Stellar ETF | -15.61% |
Analyzing the Weekly Flows
The Leverage & Inverse channel registered net inflows of $510 million for the week, driven primarily by strong demand for Equity products. The Equity category alone attracted $892 million, showcasing renewed bullish sentiment in broad market indices and sectors. However, these gains were partially offset by significant redemptions from Single Stock funds, which bled $322 million. The Crypto category also experienced outflows, shedding $114 million despite being the week’s top-performing group.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Leverage | Inverse – Equity | 229 | $134.61B | $892M | $2,052M | $7,599M | -$10,627M | -$18,191M |
| Leverage | Inverse – Commodity | 22 | $4.81B | $67M | $312M | -$420M | $5,920M | $6,628M |
| Leverage | Inverse – Fixed Income | 19 | $3.10B | -$13M | -$33M | -$277M | -$1,249M | -$2,565M |
| Leverage | Inverse – Crypto | 28 | $4.09B | -$114M | -$70M | $31M | $1,298M | $4,142M |
| Leverage | Inverse – Single Stock | 489 | $33.82B | -$322M | -$2,020M | $4,443M | $11,061M | $16,916M |
Top & Bottom 5 ETFs by 5-Day Flow
Bullish bets on the semiconductor industry dominated fund flows, with the Direxion Daily Semiconductor Bull 3X ETF (SOXL) leading all funds by a wide margin, pulling in $521 million. On the redemption side, two popular funds saw identical outflows. The ProShares UltraPro QQQ (TQQQ) and the Direxion Daily TSLA Bull 2X ETF (TSLL) each recorded $130 million in net outflows for the week.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SOXL | Direxion Daily Semiconductor Bull 3X ETF | $521M |
| SSO | ProShares Ultra S&P 500 | $396M |
| SPXL | Direxion Daily S&P 500 Bull 3X ETF | $129M |
| QLD | ProShares Ultra QQQ | $100M |
| MVLL | GraniteShares 2x Long MRVL Daily ETF | $78M |
| Outflows | ||
| TQQQ | ProShares UltraPro QQQ | -$130M |
| TSLL | Direxion Daily TSLA Bull 2X ETF | -$130M |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | -$97M |
| NUGT | Direxion Daily Gold Miners Index Bull 2X ETF | -$74M |
| ETHU | 2x Ether ETF | -$68M |
Issuer League Table Update
The issuer landscape remains dominated by two key players, with ProShares controlling 45.87% of the market’s assets and Direxion holding a 34.86% share. ProShares also led the week in asset gathering, attracting $397 million in net new money, followed by Direxion with $213 million. In contrast, Volatility Shares experienced the largest net redemptions among issuers, with outflows totaling $113 million for the week.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| ProShares | 113 | $82.77B | 45.87% |
| Direxion | 125 | $62.89B | 34.86% |
| GraniteShares | 44 | $8.71B | 4.83% |
| REX Microsectors | 28 | $8.61B | 4.77% |
| Tradr | 83 | $5.01B | 2.78% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| ProShares | $397M |
| Direxion | $213M |
| REX Microsectors | $90M |
| Outflows | |
| Volatility Shares | -$113M |
| Tradr | -$106M |
| Roundhill | -$23M |
For a deeper dive into these trends, access our FREE, in-depth Leverage & Inverse 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.
