Weekly Channel Summary
The EQ: Specialty channel, comprising 70 ETFs from 50 different issuers, currently holds a total of $13.2 billion in assets under management. Over the past week, the channel saw net inflows of $59 million. Year-to-date, investors have added $2.54 billion to the space, contributing to a total of $3.46 billion in net flows over the past year.
This Week’s Performance Leaders and Laggards
This week, the Equity: Specialty – Hedged category led performance with an average Week-to-Date (WTD) return of 1.37%, bringing its Year-to-Date (YTD) gain to 10.62%. The primary lagging category was Equity: Specialty – Long | Short, which posted a smaller but still positive WTD return of 0.65% and is now up 6.55% YTD.
Category Performance Snapshot
| Category | WTD | 1 Month | 3 Month | 6 Month | YTD | 1 Year |
|---|---|---|---|---|---|---|
| Equity: Specialty – Hedged | 1.37% | 1.13% | 5.01% | 17.75% | 10.62% | 9.70% |
| Equity: Specialty – Long | Short | 0.65% | -0.56% | 3.07% | 9.67% | 6.55% | 6.49% |
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing ETF this week was the Unlimited HFEQ Equity Long/Short ETF (HFEQ), which gained 4.48%. At the other end of the spectrum, the DailyDelta Q100 Downside Option Strategy ETF (QDWN) was the worst performer with a loss of 8.45%, followed by the TradersAl Large Cap Equity & Cash ETF (HFSP), which fell 5.66%.
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| HFEQ | Unlimited HFEQ Equity Long/Short ETF | 4.48% |
| QUP | DailyDelta Q100 Upside Option Strategy ETF | 4.09% |
| LSEQ | Harbor Long-Short Equity ETF | 3.70% |
| PRAE | PlanRock Alternative Growth ETF | 3.61% |
| MSTQ | LHA Market State Tactical Q ETF | 3.46% |
| Bottom Performers | ||
| Ticker | Fund Name | WTD Performance |
| QDWN | DailyDelta Q100 Downside Option Strategy ETF | -8.45% |
| HFSP | TradersAl Large Cap Equity & Cash ETF | -5.66% |
| BTAL | AGF U.S. Market Neutral Anti-Beta Fund | -2.41% |
| CLIX | ProShares Long Online/Short Stores ETF | -0.99% |
| CCOR | Core Alternative ETF | -0.40% |
Analyzing the Weekly Flows
The EQ: Specialty channel attracted a total of $59 million in net new assets this week. The category receiving the most inflows was Equity: Specialty – Hedged, which gathered $52 million and now has a total AUM of $9.6 billion. The Equity: Specialty – Long | Short category also saw positive interest, with inflows of $7 million. Notably, no categories within the channel experienced net outflows this week.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Equity: Specialty – Hedged | 50 | $9.6B | $52M | $279M | $712M | $2,174M | $2,942M |
| Equity: Specialty – Long | Short | 20 | $3.6B | $7M | $22M | $104M | $367M | $519M |
Top & Bottom 5 ETFs by 5-Day Flow
The JPMorgan Hedged Equity Laddered Overlay ETF (HELO) led all individual ETFs, pulling in $24 million. On the outflows side, the Simplify Hedged Equity ETF (HEQT) saw the largest redemption of $5 million, followed by the Toews Agility Shares Managed Risk ETF (MRSK), which had outflows of $3 million.
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| HELO | JPMorgan Hedged Equity Laddered Overlay ETF | $24M |
| FHEQ | Fidelity Hedged Equity ETF | $11M |
| SWAN | Amplify BlackSwan Growth & Treasury Core ETF | $10M |
| HEGD | Swan Hedged Equity US Large Cap ETF | $7M |
| ORR | Militia Long/Short Equity ETF | $5M |
| Outflows | ||
| Ticker | Fund Name | 5-Day Flow |
| HEQT | Simplify Hedged Equity ETF | ($5M) |
| MRSK | Toews Agility Shares Managed Risk ETF | ($3M) |
| PHDG | Invesco S&P 500 Downside Hedged ETF | ($2M) |
| CBLS | Clough Hedged Equity ETF | ($1M) |
| SHUS | Stratified LargeCap Hedged ETF | $0M |
Issuer League Table Update
JPMorgan remains the top issuer by market share at 28.35%, followed by First Trust at 15.02%. This week, JPMorgan also led in asset gathering with $24 million in net inflows. Among the top issuers, Simplify experienced the largest weekly outflows, shedding $4 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| JPMorgan | 3 | $3.73B | 28.35% |
| First Trust | 1 | $1.98B | 15.02% |
| Simplify | 5 | $0.59B | 4.50% |
| Fidelity | 2 | $0.57B | 4.33% |
| Alpha Architect | 2 | $0.56B | 4.25% |
Top & Bottom 3 Issuers by 5-Day Flow
| Inflows | |
| Brand | 5-Day Flow |
|---|---|
| JPMorgan | $24M |
| Fidelity | $11M |
| Amplify | $10M |
| Outflows | |
| Brand | 5-Day Flow |
| Simplify | -$4M |
| Toews | -$3M |
| Invesco | -$2M |
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.
