All-Time Highs Steal the Show on a Tame Quad Witching Day

Posted on by ETF Action
Share

Macro Summary

The ETF market saw a notable increase in trading activity, with total volume reaching $260.4B, a solid 117% of its 30-day average. This heightened activity was primarily concentrated in the Equity asset class, which traded at 127% of its recent average. The most significant volume surge occurred in Precious Metals miners, where ETFs traded at an exceptional 215% of their average. This was exemplified by the VanEck Gold Miners ETF (GDX), which saw over $2.6B in volume, trading at 225% of its normal activity, indicating a strong, focused interest in this sector.

Explore the Live Asset Class Dashboard

Asset Class Volume 30D Avg. % of 30D Avg.
Equity $193.1B $152.5B 127%
Fixed Income $23.2B $26.2B 88%
Commodities $8.3B $6.0B 139%
Crypto $4.8B $6.3B 76%
Currencies $73.5M $65.3M 113%
Alternatives $647.6M $966.2M 67%
Non-Traditional $30.1B $30.0B 100%
Multi-Asset $116.0M $127.8M 91%

Equity

The Equity asset class was the center of market activity, trading $193.1B in volume, or 127% of its 30-day average. The standout was Precious Metals miners, where volume surged to 215% of average. Financials also saw strong interest, trading at 128% of their average, while U.S. Large and Small Cap funds were active as well.

High-Volume Categories (>$100M Traded)

Category Activity vs ADV $ Volume 1-Day Return
U.S. Large Cap – Blend 137% $80.5B +0.18%
U.S. Large Cap – Growth 125% $38.1B +0.56%
U.S. Small Cap – Blend 138% $13.0B -1.04%
Global Ex-U.S. Large Cap – Blend 127% $5.5B -0.42%
Financials 128% $4.3B -0.25%

High-Activity Ticker Outliers

Ticker Name Activity vs ADV $ Volume 1D Return
TDVG T. Rowe Price Dividend Growth ETF 833% $21.6M +0.14%
RPV Invesco S&P 500 Pure Value ETF 415% $43.4M -0.33%
SPLG SPDR Portfolio S&P 500 ETF 389% $2.4B +0.48%
SYLD Cambria Shareholder Yield ETF 359% $12.7M -1.01%
FMDE Fidelity Enhanced Mid Cap ETF 357% $63.4M -0.82%
DFAT Dimensional U.S. Targeted Value ETF 312% $64.9M -1.37%
FYC First Trust Small Cap Growth AlphaDEX Fund 285% $8.7M -0.05%
DFUV Dimensional US Marketwide Value ETF 272% $43.0M -0.42%
KIE SPDR S&P Insurance ETF 260% $115.1M +0.45%
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 254% $16.2M -0.84%

Fixed Income

The Fixed Income asset class saw a quiet session with $23.2B in volume, trading at 88% of its 30-day average. A notable pocket of activity was in Securitized bonds, which traded at 110% of their average, driven by the iShares CMBS ETF (CMBS).

High-Volume Categories (>$100M Traded)

Category
No categories met the high-volume criteria.

High-Activity Ticker Outliers

Ticker Name Activity vs ADV $ Volume 1D Return
CMBS iShares CMBS ETF 1198% $31.7M +0.04%
USIG iShares Broad USD Investment Grade Corporate Bond ETF 649% $318.4M -0.16%
IBTG iShares iBonds Dec 2026 Term Treasury ETF 410% $43.6M +0.02%
VTC Vanguard Total Corporate Bond ETF 411% $33.9M +0.04%
CGSD Capital Group Short Duration Income ETF 402% $34.2M +0.10%
DFCA Dimensional California Municipal Bond ETF 323% $12.1M +0.00%
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF 310% $33.2M +0.05%
KORP American Century Diversified Corporate Bond ETF 307% $10.4M -0.07%
UITB VictoryShares Core Intermediate Bond ETF 300% $19.2M -0.01%
DIVI Franklin International Core Dividend Tilt Index Fund 239% $16.1M -1.03%

Commodities

The Commodities asset class was notably active, with $8.3B in volume, trading at 139% of its 30-day average. The primary driver was Precious Metals, where ETFs traded at 143% of their average volume, indicating a strong focus on this segment.

High-Volume Categories (>$100M Traded)

Category Activity vs ADV $ Volume 1-Day Return
Precious Metals 143% $7.7B +1.17%

High-Activity Ticker Outliers

Ticker Name Activity vs ADV $ Volume 1D Return
SLV iShares Silver Trust 205% $1.4B +2.58%
SGOL abrdn Physical Gold Shares ETF 166% $220.4M +0.97%
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF 158% $15.7M -0.35%

Crypto

The Digital Asset class had a quiet session with $4.8B in trading volume, which was 76% of its 30-day average. Activity was below average across all major coin categories.

High-Volume Categories (>$100M Traded)

Category
No categories met the high-volume criteria.

High-Activity Ticker Outliers

Ticker Name Activity vs ADV $ Volume 1D Return
BTCO Invesco Galaxy Bitcoin ETF 235% $23.5M -2.06%
EZBC Franklin Bitcoin ETF 195% $13.8M -2.08%
BRRR Coinshares Bitcoin ETF 181% $13.1M -2.06%

Currencies

The Currency asset class saw a slightly elevated day of trading with $73.5M in volume, which was 113% of its 30-day average. The increased activity was spread across the major currency ETFs.

High-Volume Categories (>$100M Traded)

Category
No categories met the high-volume criteria.

High-Activity Ticker Outliers

Ticker Name Activity vs ADV $ Volume 1D Return
FXE Invesco CurrencyShares Euro Trust 176% $19.0M -0.30%

Alternatives

The Alternatives asset class had a quiet session, trading $647.6M in volume, which was 67% of its 30-day average. A notable pocket of activity was seen in Managed Futures, which traded at 188% of its average, driven by the Simplify Managed Futures Strategy ETF (CTA).

High-Volume Categories (>$100M Traded)

Category
No categories met the high-volume criteria.

High-Activity Ticker Outliers

Ticker Name Activity vs ADV $ Volume 1D Return
CTA Simplify Managed Futures Strategy ETF 517% $38.4M +0.13%

Non-Traditional

The Non-Traditional asset class saw $30.1B in volume, trading right at its 30-day average. The most significant activity was in leveraged Gold Miners ETFs, where funds like NUGT and GDXU traded at 259% and 234% of their averages, respectively, indicating strong tactical interest in the gold mining space.

High-Volume Categories (>$100M Traded)

Category
No categories met the high-volume criteria.

High-Activity Ticker Outliers

Ticker Name Activity vs ADV $ Volume 1D Return
QDVO Amplify CWP Growth & Income ETF 282% $27.4M +0.74%
NUGT Direxion Daily Gold Miners Index Bull 2x Shares 259% $247.4M +9.75%
GDXU MicroSectors Gold Miners 3X Leveraged ETN 234% $163.1M +14.83%
DAUG FT Vest U.S. Equity Deep Buffer ETF – August 225% $6.1M +0.18%
GAUG FT Vest U.S. Equity Moderate Buffer ETF – August 223% $19.0M +0.12%
JNUG Direxion Daily Junior Gold Miners Index Bull 2X Shares 208% $83.9M +9.48%
IWMI NEOS Russell 2000 High Income ETF 190% $15.1M -0.47%
RYLD Global X Russell 2000 Covered Call ETF 186% $15.8M -0.85%
AGQ ProShares Ultra Silver 178% $183.4M +5.53%

Multi-Asset

The Multi-Asset class had a quiet trading day with $116.0M in volume, 91% of its 30-day average. Activity was largely in line with recent trends across the various strategies in this asset class.

High-Volume Categories (>$100M Traded)

Category
No categories met the high-volume criteria.

High-Activity Ticker Outliers

Category
No high-activity ticker outliers for this asset class.

Disclaimer: The “High-Volume Categories” table includes categories with over $100M in volume and activity at least 125% of their 30-day average, limited to the top 5 by volume. The “High-Activity Ticker Outliers” table shows the top 10 ETFs from each asset class, sorted by the highest trading activity versus their 30-day average. All reported ETFs have AUM over $250M and an ADV greater than $2.5M.

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.

Related Posts