Weekly Channel Summary
The EQ: Specialty channel, comprising 79 ETFs across 54 issuers with a total Assets Under Management (AUM) of $16.1 billion, experienced a net outflow of -$122 million over the past five days. Despite this recent weekly pullback, the channel remains strongly positive over longer timeframes, having accumulated $1.18 billion in Year-to-Date (YTD) inflows and an impressive $2.88 billion in net flows over the past year.
This Week’s Performance Leaders and Laggards
For the past week, the Equity: Specialty – Hedged category led performance with a Week-to-Date (WTD) return of 0.63%, also maintaining a solid Year-to-Date (YTD) gain of 3.94%. The Equity: Specialty – Long | Short category slightly lagged for the week at 0.52%, though it currently boasts a higher YTD performance of 4.66%.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Equity: Specialty – Hedged | 0.63% | 6.36% | 2.49% | 3.94% | 3.94% | 19.44% |
| Equity: Specialty – Long | Short | 0.52% | 3.89% | 1.90% | 5.09% | 4.66% | 15.79% |
Top & Bottom 5 ETFs by Weekly Performance
Looking at individual products, the PCR (Simplify VettaFi Private Credit Strategy ETF) was the single best-performing ETF this week, surging 3.63%. Conversely, the SHRT (Gotham Short Strategies ETF) and CBLS (Clough Hedged Equity ETF) were the two worst-performing ETFs, dropping -3.12% and -2.25%, respectively.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| PCR | Simplify VettaFi Private Credit Strategy ETF | 3.63% |
| AINT | FINQ DOLLAR NEUTRAL U.S. Large Cap Al-Managed Equity ETF | 2.61% |
| HELS | Hedgeye 130/30 Equity ETF | 2.13% |
| QGRD | Horizon Nasdaq-100 Defined Risk ETF | 1.69% |
| FORH | Formidable ETF | 1.67% |
| Bottom Performers | ||
| SHRT | Gotham Short Strategies ETF | -3.12% |
| CBLS | Clough Hedged Equity ETF | -2.25% |
| FFLS | Future Fund Long/Short ETF | -1.23% |
| TOS | Twin Oak Strategic Solutions ETF | -0.92% |
| CLIX | ProShares Long Online/Short Stores ETF | -0.59% |
Analyzing the Weekly Flows
The EQ: Specialty channel saw a net outflow of -$122 million this week, primarily driven by the Equity: Specialty – Hedged category, which shed -$173 million from its $11.2 billion asset base. On the other hand, the Equity: Specialty – Long | Short category continued to attract capital, leading the channel with $50 million in weekly inflows.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Equity: Specialty – Long | Short | 27 | $4.9B | $50M | $132M | $482M | $794M | $966M |
| Equity: Specialty – Hedged | 52 | $11.2B | -$173M | -$116M | $92M | $387M | $1,910M |
Top & Bottom 5 ETFs by 5-Day Flow
At the fund level, the IALT (iShares Systematic Alternatives Active ETF) gathered the most assets this week with $33 million in inflows. Conversely, the SWAN (Amplify BlackSwan Growth & Treasury Core ETF) and ORR (Militia Long/Short Equity ETF) experienced the heaviest redemptions, losing -$214 million and -$23 million, respectively.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| IALT | iShares Systematic Alternatives Active ETF | $33M |
| FTLS | First Trust Long/Short Equity ETF | $26M |
| CLSE | Convergence Long/Short Equity ETF | $13M |
| FHEQ | Fidelity Hedged Equity ETF | $12M |
| HEFT | Hedgeye Fourth Turning ETF | $9M |
| Outflows | ||
| SWAN | Amplify BlackSwan Growth & Treasury Core ETF | -$214M |
| ORR | Militia Long/Short Equity ETF | -$23M |
| BTAL | AGF U.S. Market Neutral Anti-Beta Fund | -$8M |
| MRSK | Toews Agility Shares Managed Risk ETF | -$1M |
| GTR | WisdomTree Target Range Fund | -$1M |
Issuer League Table Update
In the issuer rankings, JPMorgan maintains the dominant position with 26.95% of the channel’s market share, followed by First Trust at 14.34%. iShares gathered the most assets among issuers this week with $33 million in inflows, while Amplify experienced the largest withdrawals at -$214 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| JPMorgan | 3 | $4.33B | 26.95% |
| First Trust | 1 | $2.30B | 14.34% |
| Fidelity | 2 | $0.85B | 5.29% |
| Alpha Architect | 2 | $0.67B | 4.20% |
| Swan | 1 | $0.66B | 4.13% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| iShares | $33M |
| First Trust | $26M |
| Convergence | $13M |
| Outflows | |
| Amplify | -$214M |
| Militia | -$23M |
| AGF | -$8M |
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.
