Weekly Channel Summary
The Synthetic Income channel closed the week with $228.93B in total AUM spread across 434 ETFs from 80 issuers. Net flows were positive over the trailing five days at $1,305M, extending a strong 2026 with YTD inflows of $60,921M and a 1-Year net flow figure of $76,892M. This consistency in fund gathering underscores the durability of investor demand for income-oriented strategies within the space.
This Week’s Performance Leaders and Laggards
Single Stock funds led all categories on a WTD basis at 3.22%, narrowly ahead of Crypto at 3.18%, both benefiting from strong short-term momentum despite very different YTD trajectories: Single Stock is up 29.89% YTD while Crypto remains down 7.37% YTD. Equity, the channel’s largest category by fund count, posted a more modest 1.09% WTD gain but a solid 11.60% YTD return. Commodity was the weakest performer of the week at -2.11%, though it still holds a positive 6.08% YTD gain. Among individual funds, SPCI topped the tape with a 7.16% weekly gain, closely trailed by SOXY at 7.15%, while YGLD lagged the field with a -4.02% weekly decline.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Single Stock | 3.22% | 9.91% | 30.81% | 33.19% | 29.89% | 30.76% |
| Crypto | 3.18% | 6.91% | 36.86% | 14.00% | -7.37% | -23.72% |
| Equity | 1.09% | 0.98% | 4.07% | 12.29% | 11.60% | 16.50% |
| Multi-Asset | 0.26% | -0.30% | 0.85% | 7.86% | 6.49% | 14.35% |
| Fixed Income | -0.66% | -1.35% | -1.86% | -0.20% | 0.66% | 2.11% |
| Commodity | -2.11% | -3.77% | 9.22% | -0.08% | 6.08% | 16.92% |
Top & Bottom 5 ETFs by Weekly Performance
The week’s leaderboard was dominated by semiconductor- and crypto-linked option income strategies, with SPCI and SOXY both gaining more than 7%, followed by CHPY at 6.28% and MAXI at 5.58%. On the downside, commodity- and rate-sensitive income products struggled, led by YGLD at -4.02% and NDIV at -3.86%. The spread between the top and bottom performers exceeded 11 percentage points, reflecting the wide dispersion in underlying asset exposures across the channel’s diverse option-income strategies.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| SPCI | Tuttle Capital Space Industry Income Blast ETF | 7.16% |
| SOXY | YieldMax Target 12 Semiconductor Option Income ETF | 7.15% |
| CHPY | YieldMax Semiconductor Portfolio Option Income ETF | 6.28% |
| MAXI | Simplify Bitcoin Strategy ETF | 5.58% |
| SOLM | Amplify Solana 3% Monthly Option Income ETF | 5.19% |
| Bottom Performers | ||
| YGLD | Simplify Gold Strategy ETF | -4.02% |
| NDIV | Amplify Energy & Natural Resources Covered Call ETF | -3.86% |
| SLVX | Nicholas Silver Income ETF | -3.82% |
| FIYY | GraniteShares YieldBOOST 20Y+ Treasuries ETF | -3.79% |
| MDST | Westwood Salient Enhanced Midstream Income ETF | -3.71% |
Analyzing the Weekly Flows
The channel gathered a net $1,305M over the trailing five days, with Equity funds overwhelmingly driving activity at $1,219M, consistent with their dominant $209.09B AUM base and $55,389M YTD haul. Commodity, Fixed Income, Crypto, and Multi-Asset categories each posted modest positive inflows ranging from $3M to $42M. Single Stock was the lone category to see net outflows on the week, shedding $5M despite a robust $969M YTD inflow figure, suggesting a pause rather than a reversal in that segment’s longer-term trend. Overall, the flow pattern reaffirms Equity-based income strategies as the primary growth engine for the channel.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Equity | 243 | $209.09B | $1,219M | $7,137M | $21,188M | $55,389M | $66,981M |
| Commodity | 17 | $2.67B | $42M | $214M | $473M | $1,427M | $1,862M |
| Fixed Income | 25 | $6.19B | $24M | $230M | $709M | $1,783M | $2,485M |
| Crypto | 22 | $2.22B | $22M | $97M | $257M | $1,068M | $1,548M |
| Multi-Asset | 6 | $501M | $3M | $14M | $63M | $286M | $295M |
| Single Stock | 121 | $8.26B | -$5M | $278M | $641M | $969M | $3,721M |
Top & Bottom 5 ETFs by 5-Day Flow
SPYI led all funds with $166M in weekly inflows, followed closely by GPIQ at $148M and JEPQ at $136M, highlighting continued demand for large-cap and Nasdaq-100 premium income strategies. On the outflow side, QQQI saw the largest weekly redemption at -$151M, followed by BALI at -$47M. The gap between the top inflow and top outflow funds indicates some rotation within the Nasdaq-100 income space even as broader Equity income products continued to attract capital.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| SPYI | NEOS S&P 500 High Income ETF | $166M |
| GPIQ | Goldman Sachs Nasdaq-100 Premium Income ETF | $148M |
| JEPQ | JPMorgan NASDAQ Equity Premium Income ETF | $136M |
| GPIX | Goldman Sachs S&P 500 Premium Income ETF | $112M |
| ACYN | FT Vest Laddered Autocallable Barrier & Income ETF | $110M |
| Outflows | ||
| QQQI | NEOS Nasdaq 100 High Income ETF | -$151M |
| BALI | iShares U.S. Large Cap Premium Income Active ETF | -$47M |
| TLTW | iShares 20+ Year Treasury Bond BuyWrite Strategy ETF | -$16M |
| PLTY | YieldMax PLTR Option Income Strategy ETF | -$12M |
| YMAX | YieldMax Universe Fund of Option Income ETFs | -$12M |
Issuer League Table Update
JPMorgan remains the dominant issuer in the channel with $90.84B in AUM and a 39.68% market share across just 5 funds, followed by Neos at $35.54B and a 15.53% share spread across 18 funds. On a weekly flow basis, Goldman Sachs led all issuers with $261M in inflows, ahead of JPMorgan at $187M and First Trust at $164M, reflecting strong demand for premium income products from these providers. iShares was the week’s clear outflow leader, shedding $56M, while Summit Global Investments and GraniteShares saw only marginal redemptions of $2M and $1M, respectively. The concentration of inflows among a handful of large issuers contrasts with the broader base of 80 issuers competing in the channel.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| JPMorgan | 5 | $90.84B | 39.68% |
| Neos | 18 | $35.54B | 15.53% |
| Global X | 17 | $13.81B | 6.03% |
| Goldman Sachs | 2 | $12.05B | 5.26% |
| Amplify | 16 | $10.25B | 4.48% |
Top & Bottom 3 Issuers by 5-Day Flow
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Goldman Sachs | $261M |
| JPMorgan | $187M |
| First Trust | $164M |
| Outflows | |
| iShares | -$56M |
| Summit Global Investments | -$2M |
| GraniteShares | -$1M |
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.
