Weekly Channel Summary
The Single Stock ETF channel continues its dynamic expansion, now commanding a hefty $43.26 billion in Total AUM across 274 unique ETFs from 16 different issuers. This week saw a net inflow of $63 million, a positive signal that builds on an already impressive $16.77 billion haul year-to-date. Over the past year, a staggering $24.31 billion has poured into the space, cementing its status as a high-conviction playground for tactical traders.
This Week’s Performance Leaders and Laggards
This week was a story of explosive gains in high-beta and niche tech names, where leverage paid off handsomely for those on the right side of the trade. The underlying action was led by AST SpaceMobile, Inc. (ASTS), which skyrocketed over 38%, delivering breathtaking returns for its levered ETF counterpart. In stark contrast, DraftKings, Inc. (DKNG) shareholders felt the pain as the stock cratered, demonstrating the brutal downside of leveraged bets when sentiment turns sour.
Top & Bottom 5 Underlying Stock Performance (WTD)
| Underlying Stock | Stock WTD | Levered ETF (WTD) | Inverse ETF (WTD) | Income ETF (WTD) |
|---|---|---|---|---|
| Top Performers | ||||
| AST SpaceMobile, Inc. Class A | 38.03% | 82.72% | N/A | N/A |
| Rigetti Computing, Inc. | 28.48% | 57.84% | N/A | N/A |
| Archer Aviation Inc Class A | 24.68% | 52.21% | N/A | N/A |
| Quantum Computing Inc. | 22.21% | N/A | N/A | N/A |
| Applied Digital Corporation | 22.20% | 46.71% | N/A | N/A |
| Bottom Performers | ||||
| DraftKings, Inc. Class A | -16.42% | -31.87% | N/A | -15.18% |
| Reddit, Inc. Class A | -13.71% | -27.42% | N/A | N/A |
| Rivian Automotive, Inc. Class A | -12.44% | N/A | N/A | N/A |
| MercadoLibre, Inc. | -11.98% | -23.66% | N/A | N/A |
| Hims & Hers Health, Inc. Class A | -10.03% | -20.22% | N/A | N/A |
Weekly Performance: The Winners and Losers
The undisputed champion of the week was the Tradr 2X Long ASTS Daily ETF (ASTX), which posted a staggering 82.72% gain. On the flip side, the GraniteShares 2x Short COIN Daily ETF (CONI) was the biggest loser, plummeting -34.63%, followed closely by the Defiance Daily Target 2X Long DKNG ETF (DKNX), which fell -31.87%. It’s a critical reminder that due to the effects of daily resets and compounding, the performance of leveraged and inverse ETFs will not be a perfect mirror image of the underlying stock’s return over time.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top Performers | ||
| ASTX | Tradr 2X Long ASTS Daily ETF | 82.72% |
| RGTU | Tradr 2X Long RGTI Daily ETF | 57.84% |
| ARCX | Tradr 2X Long ACHR Daily ETF | 52.21% |
| APLX | Tradr 2X Long APLD Daily ETF | 46.71% |
| HOOG | Leverage Shares 2X Long HOOD Daily ETF | 46.09% |
| Bottom Performers | ||
| CONI | GraniteShares 2x Short COIN Daily ETF | -34.63% |
| DKNX | Defiance Daily Target 2X Long DKNG ETF | -31.87% |
| DKUP | T-REX 2X Long DKNG Daily Target ETF | -31.87% |
| LLYZ | Defiance Daily Target 2X Short LLY ETF | -27.80% |
| RDTL | GraniteShares 2x Long RDDT Daily ETF | -27.42% |
Analyzing the Weekly Flows
The money flow this week tells a clear story of tactical positioning, with the channel attracting a net $63 million. Inverse strategies were the big winners, pulling in $95 million as traders sought to hedge or speculate on downside. In contrast, Levered ETFs saw a significant exodus of $118 million, suggesting a wave of profit-taking or a defensive rotation after a strong run. This push-and-pull signals a market on edge, with traders actively managing exposure on both sides of the coin.
Where the Money Went This Week
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Inverse | 37 | $1,554.6M | $95M | $730M | $810M | $1,890M | $2,620M |
| Synthetic Income | 68 | $14,267.6M | $83M | $513M | $3,641M | $12,291M | $15,641M |
| Currency Hedged | 10 | $23.2M | $3M | $8M | $6M | $13M | $16M |
| Long | Short | 1 | $1.1M | $0M | ($1M) | ($1M) | $2M | $2M |
| Levered | 158 | $27,408.8M | ($118M) | ($1,979M) | ($2,629M) | $2,575M | $6,029M |
Flow Leaders & Laggards: The ETF Tale of the Tape
Drilling down, investors piled into the YieldMax TSLA Option Income Strategy ETF (TSLY), which vacuumed up $83 million in fresh cash. At the other end of the spectrum, traders raced for the exits on two popular leveraged products: the Direxion Daily TSLA Bull 2X Shares (TSLL) bled $92 million, and the YieldMax MSTR Option Income Strategy ETF (MSTY) saw a painful $91 million outflow as traders took profits after a strong run.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Inflows | ||
| TSLY | YieldMax TSLA Option Income Strategy ETF | $83M |
| TSYY | GraniteShares YieldBOOST TSLA ETF | $72M |
| AMZU | Direxion Daily AMZN Bull 2X Shares | $70M |
| MSTX | Defiance Daily Target 2x Long MSTR ETF | $61M |
| ORCX | Defiance Daily Target 2X Long ORCL ETF | $51M |
| Outflows | ||
| TSLL | Direxion Daily TSLA Bull 2X Shares | ($92M) |
| MSTY | YieldMax MSTR Option Income Strategy ETF | ($91M) |
| CONL | GraniteShares 2x Long COIN Daily ETF | ($58M) |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | ($58M) |
| SMCX | Defiance Daily Target 2X Long SMCI ETF | ($53M) |
Issuer League Table Update
In the battle of the brands, YieldMax continues to dominate, holding a commanding 28.84% of the market share, closely followed by Direxion at 25.81%. The weekly flow story, however, crowned a different winner: Roundhill punched well above its weight, gathering an impressive $119 million in inflows. On the other end, it was a tough week for the top dog, as YieldMax saw the largest outflows among all issuers, shedding $127 million.
The Heavyweights: Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| YieldMax | 36 | $12.53B | 28.84% |
| Direxion | 46 | $11.22B | 25.81% |
| GraniteShares | 41 | $9.74B | 22.41% |
| T-Rex | 28 | $3.11B | 7.16% |
| Defiance | 32 | $3.10B | 7.15% |
Weekly Flows: Issuer Edition
| Brand | 5-Day Flow |
|---|---|
| Inflows | |
| Roundhill | $119M |
| Tradr | $102M |
| GraniteShares | $53M |
| Outflows | |
| YieldMax | -$127M |
| Direxion | -$56M |
| T-Rex | -$24M |
For a deeper dive into these trends, access our FREE, in-depth Thematic 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.
