Macro Summary
Overall market volume was $243.58B, representing just 73% of the 30-day average. The session was relatively muted across the board, with Multi-Asset being the only major class to breach its 30-day average volume threshold.
Equity
Equity saw a total volume of $166.44B, trading at 75% of its 30-day average. Activity was primarily muted, though the Thematic – Evolving Consumer category saw elevated localized interest at 134% of typical volume.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Equity: Thematic – Evolving Consumer | 134% | $1.12B | +0.41% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| AVES | Avantis Emerging Markets Value ETF | 1195% | $122.83M | +1.02% |
| XMVM | Invesco S&P MidCap Value with Momentum ETF | 785% | $20.75M | -0.20% |
| FXO | First Trust Financials AlphaDEX Fund | 745% | $81.26M | +1.18% |
| AVRE | Avantis Real Estate ETF | 681% | $19.66M | -0.08% |
| ISCG | iShares Morningstar Small-Cap Growth ETF | 612% | $17.66M | +0.30% |
| MXI | iShares Global Materials ETF | 552% | $21.92M | +0.37% |
| ESML | iShares ESG Aware MSCI USA Small-Cap ETF | 504% | $34.36M | +0.13% |
| TXUE | Thornburg International Equity ETF | 499% | $14.59M | +0.81% |
| HEDJ | WisdomTree Europe Hedged Equity Fund | 436% | $11.35M | +0.29% |
| SUSL | iShares ESG MSCI USA Leaders ETF | 329% | $16.32M | +0.74% |
Fixed Income
Fixed Income reached $25.71B in volume, hitting 81% of its 30-day average. The session was led by Taxable – Bank Loans, which surged to 240% of its normal activity amid demand for floating-rate exposure.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Fixed Income: Taxable – Bank Loans | 240% | $1.83B | +0.03% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| CLOZ | Eldridge BBB-B CLO ETF | 964% | $108.93M | -0.08% |
| XONE | BondBloxx Bloomberg One Year Target Duration US Treasury ETF | 594% | $27.78M | -0.03% |
| VPLS | Vanguard Core Plus Bond ETF | 546% | $53.50M | -0.01% |
| CLOX | Eldridge AAA CLO ETF | 513% | $14.99M | +0.01% |
| FSMB | First Trust Short Duration Managed Municipal ETF | 499% | $15.08M | +0.05% |
| LEMB | iShares J.P. Morgan EM Local Currency Bond ETF | 352% | $41.43M | +0.48% |
| MLN | VanEck Long Muni ETF | 317% | $12.15M | +0.03% |
| JBBB | Janus Henderson B-BBB CLO ETF | 305% | $59.39M | -0.08% |
| HYBB | iShares BB Rated Corporate Bond ETF | 281% | $12.72M | +0.10% |
| LONZ | PIMCO Senior Loan Active Exchange-Traded Fund | 281% | $12.79M | +0.09% |
Commodities
Commodities experienced a quiet session with $13.86B in volume, hitting just 47% of its 30-day average. No major categories exhibited high-activity breakouts today.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| CMDY | iShares Bloomberg Roll Select Commodity Strategy ETF | 172% | $6.68M | +0.17% |
Digital Asset
Digital Assets recorded $6.45B in volume, pacing near its average at 95%. The Cryptocurrency – Altcoin category drove localized momentum with 134% of normal activity.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Digital Asset: Cryptocurrency – Altcoin | 134% | $131.52M | +12.02% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| BTC | Grayscale Bitcoin Mini Trust ETF | 256% | $407.48M | +7.21% |
Currencies
Currencies had a notably muted session, logging just $91.89M in volume at 77% of its 30-day average without any significant outlier activity.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|
No items met the inclusion criteria for this session.
Alternatives
Alternatives saw a low-volume session at $798.44M, representing 59% of typical levels.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|
No items met the inclusion criteria for this session.
Non-Traditional
Non-Traditional volume landed at $29.97B, or 71% of its 30-day average. Despite a sluggish macro picture, several single-stock and leveraged ETFs experienced concentrated trading activity.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| FFEB | FT Vest U.S. Equity Buffer Fund – February | 486% | $12.59M | +0.51% |
| KORU | Direxion MSCI Daily South Korea Bull 3X Shares | 281% | $256.71M | +8.81% |
| CONL | GraniteShares 2x Long COIN Daily ETF | 258% | $270.89M | +26.68% |
| KHPI | Kensington Hedged Premium Income ETF | 237% | $6.28M | +0.46% |
| ZALT | Innovator U.S. Equity 10 Buffer ETF – Quarterly | 219% | $12.51M | +0.23% |
| BUFF | Innovator Laddered Allocation Power Buffer ETF | 218% | $7.57M | +0.41% |
| NAIL | Direxion Daily Homebuilders & Supplies Bull 3X Shares | 204% | $168.40M | -10.29% |
| NVDU | Direxion Daily NVDA Bull 2X Shares | 199% | $97.88M | +4.04% |
| TDVI | FT Vest Technology Dividend Target Income ETF | 177% | $5.05M | +1.24% |
| ULTY | YieldMax Ultra Option Income Strategy ETF | 171% | $44.36M | +0.28% |
Multi-Asset
Multi-Asset led in relative activity, recording $261.49M in volume to hit 109% of its 30-day average, buoyed by positive trading momentum in the Target Risk – Growth category.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Asset Allocation: Target Risk – Growth | 149% | $112.16M | +0.46% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| AOR | iShares Core 60/40 Balanced Allocation ETF | 201% | $46.71M | +0.48% |
| HECA | Hedgeye Capital Allocation ETF | 198% | $15.10M | +0.93% |
| ALLW | SPDR Bridgewater All Weather ETF | 160% | $26.84M | +0.52% |
Disclaimer: This AI-assisted commentary is for informational purposes only. 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 activity percentage. 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.
