Weekly Channel Summary
The Synthetic Income channel ended the week with $166 Billion in total assets across 321 ETFs managed by 63 issuers. The group attracted substantial capital, bringing in $2.63 Billion in net flows over the past 5 days. This strong weekly activity contributes to a robust Year-to-Date flow total of $68.94 Billion, with the 1-year trailing flows standing at $70.43 Billion.
This Week’s Performance Leaders and Laggards
Performance dispersion was significant this week, heavily influenced by underlying asset volatility in precious metals and cryptocurrencies. While silver and gold miners provided strong tailwinds for some strategies, crypto-exposed funds faced headwinds.
Top & Bottom 5 ETFs by Weekly Performance
The Kurv Silver Enhanced Income ETF (KSLV) was the standout performer, surging 9.90% for the week. On the downside, digital asset strategies struggled, with the Defiance Leveraged Long Income Ethereum ETF (ETHI) dropping 8.40% and the Amplify XRP 3% Monthly Premium Income ETF (XRPM) falling 7.04%.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| KSLV | Kurv Silver Enhanced Income ETF | 9.90% |
| NUGY | GraniteShares YieldBOOST Gold Miners ETF | 3.58% |
| SLJY | Amplify SILJ Covered Call ETF | 3.02% |
| GDXW | Roundhill Gold Miners WeeklyPay ETF | 2.90% |
| GDXY | YieldMax Gold Miners Option Income Strategy ETF | 2.53% |
| Bottom Performers | ||
| ETHI | Defiance Leveraged Long Income Ethereum ETF | -8.40% |
| XRPM | Amplify XRP 3% Monthly Premium Income ETF | -7.04% |
| MAXI | Simplify Bitcoin Strategy PLUS Income ETF | -5.61% |
| ULTI | REX IncomeMax Option Strategy ETF | -5.19% |
| XBTY | GraniteShares YieldBOOST Bitcoin ETF | -4.44% |
Analyzing the Weekly Flows
The channel attracted a robust $2.63 Billion in net inflows this week. The vast majority of this capital went to Synthetic Income – Equity funds, which added $2.49 Billion to reach $147.5 Billion in AUM. Synthetic Income – Commodity strategies also saw positive momentum with $84 Million in inflows. Conversely, the Synthetic Income – Single Stock category experienced net outflows of $22 Million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Synthetic Income – Equity | 160 | $147,488M | $2,485M | $5,199M | $10,418M | $48,968M | $49,961M |
| Synthetic Income – Commodity | 12 | $1,647M | $84M | $144M | $390M | $772M | $777M |
| Synthetic Income – Crypto | 21 | $1,686M | $37M | $482M | $1,027M | $2,421M | $2,469M |
| Synthetic Income – Fixed Income | 18 | $4,557M | $29M | $180M | $681M | $1,553M | $1,498M |
| Synthetic Income – Multi-Asset | 3 | $185M | $0M | $1M | $1M | $28M | $28M |
| Synthetic Income – Single Stock | 101 | $10,644M | ($22M) | $1,421M | $3,211M | $15,174M | $15,676M |
Top & Bottom 5 ETFs by 5-Day Flow
The JPMorgan NASDAQ Equity Premium Income ETF (JEPQ) led individual fund flows, gathering a massive $906 Million. On the redemption side, the YieldMax Ultra Option Income Strategy ETF (ULTY) and the Roundhill WeeklyPay Universe ETF (WPAY) saw the largest outflows.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| JEPQ | JPMorgan NASDAQ Equity Premium Income ETF | $906M |
| QQQI | NEOS Nasdaq 100 High Income ETF | $349M |
| SPYI | NEOS S&P 500 High Income ETF | $231M |
| JEPI | JPMorgan Equity Premium Income ETF | $190M |
| GPIX | Goldman Sachs S&P 500 Premium Income ETF | $143M |
| Outflows | ||
| ULTY | YieldMax Ultra Option Income Strategy ETF | ($27M) |
| WPAY | Roundhill WeeklyPay Universe ETF | ($24M) |
| KNG | FT Vest S&P 500 Dividend Aristocrats Target Income ETF | ($20M) |
| YMAX | YieldMax Universe Fund of Option Income ETFs | ($13M) |
| LFGY | YieldMax Crypto Industry & Tech Portfolio Option Income ETF | ($8M) |
Issuer League Table Update
JPMorgan maintains its dominant position with 44.60% market share and led all issuers with $1.1 Billion in weekly inflows. Neos holds the second spot with 10.29% share. Among the top 5 issuers by AUM, YieldMax was the notable outlier, experiencing the largest weekly outflows of $87 Million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| JPMorgan | 3 | $74.14B | 44.60% |
| Neos | 14 | $17.11B | 10.29% |
| Global X | 15 | $12.93B | 7.78% |
| YieldMax | 60 | $11.43B | 6.87% |
| FT Vest | 11 | $7.75B | 4.66% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| JPMorgan | $1,096M |
| Neos | $689M |
| Goldman Sachs | $226M |
| Outflows | |
| YieldMax | ($87M) |
| Aptus | ($10M) |
| Summit Global Investments | ($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.
