Weekly Channel Summary
Welcome to another wild week in the Single Stock ETF universe. As of March 6, 2026, this high-octane channel boasts $34.3 billion in total AUM spread across 439 specialized products from 17 aggressive issuers. The appetite for concentrated exposure remains voracious, with the space hauling in $140 million over the past five days alone. This latest surge pushes year-to-date inflows to a staggering $3.6 billion. Over the past year, these targeted vehicles have absorbed an incredible $21 billion.
This Week’s Performance Leaders and Laggards
Tech and emerging names completely dominated the tape this week. Upexi (UPXI) and Red Cat Holdings (RCAT) absolutely skyrocketed, leaving the broader market in the dust and rewarding conviction traders. On the flip side, Lumentum Holdings (LITE) and Celsius (CELH) cratered, wiping out near-term momentum.
Top & Bottom Underlying Stock Performance (WTD)
| Ticker | Underlying Stock | Week-To-Date Return | Year-To-Date Return | Number of Funds Following Stock |
|---|---|---|---|---|
| Top Performers | ||||
| UPXI | Upexi, Inc. | 35.73% | -46.43% | 1 |
| RCAT | Red Cat Holdings Inc | 31.85% | 93.69% | 1 |
| TTD | Trade Desk, Inc. Class A | 22.92% | -22.87% | 1 |
| CRCL | Circle Internet Group, Inc. Class A | 22.14% | 28.51% | 5 |
| PLUG | Plug Power Inc. | 18.99% | 8.12% | 1 |
| Bottom Performers | ||||
| LITE | Lumentum Holdings, Inc. | -20.33% | 51.51% | 1 |
| CELH | Celsius Holdings, Inc. | -19.94% | -6.17% | 1 |
| RKT | Rocket Companies, Inc. Class A | -17.81% | -22.78% | 1 |
| MDB | MongoDB, Inc. Class A | -17.66% | -35.55% | 1 |
| SNDK | Sandisk Corporation | -17.00% | 122.15% | 1 |
Weekly Performance: The Winners and Losers
The 2x leveraged ETFs amplified the underlying chaos perfectly. GEMG literally doubled its investors’ money in a single week with an eye-watering +102.38% return, proving the power of daily compounding in a strong trend. However, leverage is a double-edged sword: LITX and the inverse CRCD severely punished traders, both bleeding out nearly 40% of their value in just five days.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| GEMG | Leverage Shares 2X Long GEMI Daily ETF | 102.38% |
| RCAX | Defiance Daily Target 2x Long RCAT ETF | 68.20% |
| PXIU | T-REX 2X Long UPXI Daily Target ETF | 54.10% |
| TTDU | T-REX 2X Long TTD Daily Target ETF | 46.46% |
| CCUP | T-REX 2X Long CRCL Daily Target ETF | 45.48% |
| Bottom Performers | ||
| LITX | Tradr 2X Long LITE Daily ETF | -40.24% |
| CRCD | T-REX 2X Inverse CRCL Daily Target ETF | -39.25% |
| MDBX | Tradr 2X Long MDB Daily ETF | -38.15% |
| CELT | Tradr 2X Long CELH Daily ETF | -36.95% |
| RKTL | Defiance Daily Target 2X Long RKT ETF | -33.86% |
Analyzing the Weekly Flows
“Risk On” is the undeniable theme driving capital allocation right now. Levered products were the undisputed winners of the week, absorbing a massive $208 million in fresh cash as traders aggressively piled into bullish bets. Conversely, investors are taking profits and shedding defense mechanisms; Synthetic Income bled $36 million, and Inverse strategies shed $31 million. The narrative was clear: downside protection is out, and chasing momentum is entirely in.
Where the Money Went This Week
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Levered | 266 | $25,552.2M | $208M | $1,144M | $4,927M | $3,728M | $8,480M |
| Currency Hedged | 9 | $16.8M | -$1M | $0M | -$7M | $1M | $2M |
| Inverse | 52 | $1,106.3M | -$31M | -$2M | -$251M | -$251M | $1,454M |
| Synthetic Income | 101 | $7,689.4M | -$36M | -$331M | -$1,071M | -$847M | $11,127M |
Flow Leaders & Laggards: The ETF Tale of the Tape
In a classic display of dip-buying conviction, LITX absorbed a big $86 million in inflows despite taking a nearly 40% hit to its NAV. Meanwhile, traders locked in gains and fled established heavyweights, pulling out $61 million from NFXL and $59 million from AMZU.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| LITX | Tradr 2X Long LITE Daily ETF | $86M |
| CWVX | Tradr 2X Long CRWV Daily ETF | $48M |
| MSTU | T-Rex 2X Long MSTR Daily Target ETF | $47M |
| CRWG | Leverage Shares 2X Long CRWV Daily ETF | $46M |
| TSLL | Direxion Daily TSLA Bull 2X ETF | $42M |
| Outflows | ||
| NFXL | Direxion Daily NFLX Bull 2X ETF | -$61M |
| AMZU | Direxion Daily AMZN Bull 2X ETF | -$59M |
| GGLL | Direxion Daily GOOGL Bull 2X ETF | -$54M |
| MUU | Direxion Daily MU Bull 2X ETF | -$47M |
| ASTX | Tradr 2X Long ASTS Daily ETF | -$45M |
Issuer League Table Update
Direxion remains the undisputed heavyweight champion of the channel, wielding nearly $11 billion in assets and commanding a massive 31.87% market share. However, the crown feels heavy this week as they suffered the steepest net outflows (-$246M). Defiance and T-Rex are the hungry challengers aggressively moving up the ranks, vacuuming up the majority of the week’s fresh capital with $135 million and $113 million in new assets respectively.
The Heavyweights: Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Direxion | 55 | $10.97B | 31.87% |
| GraniteShares | 58 | $8.05B | 23.38% |
| YieldMax | 41 | $6.18B | 17.96% |
| Tradr | 57 | $2.41B | 6.99% |
| Defiance | 50 | $2.33B | 6.78% |
Weekly Flows: Issuer Edition
| Brand | 5-Day Flow |
|---|---|
| Top Performers | |
| Defiance | $135M |
| T-Rex | $113M |
| Tradr | $107M |
| Bottom Performers | |
| Direxion | -$246M |
| YieldMax | -$38M |
| ADRhedged | -$1M |
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.
