Weekly Channel Summary
The Synthetic Income channel ended the week with $166B in assets across 320 ETFs and 62 issuers. The group gathered $850 million in net inflows over the past 5 days, pushing Year-to-Date inflows to over $77.56 billion.
This Week’s Performance Leaders and Laggards
Performance was mixed this week, with Precious Metals strategies generally outperforming broader markets, while specific Semiconductor and specialized income strategies faced headwinds.
Top & Bottom 5 ETFs by Weekly Performance
The Roundhill Gold Miners WeeklyPay ETF (GDXW) led the pack, rising 6.80%. On the downside, the GraniteShares YieldBOOST Semiconductor ETF (SEMY) and Roundhill WeeklyPay Universe ETF (WPAY) struggled, falling -4.89% and -3.84% respectively.
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| GDXW | Roundhill Gold Miners WeeklyPay ETF | 6.80% |
| SLJY | Amplify SILJ Covered Call ETF | 4.50% |
| ETCO | Grayscale Ethereum Covered Call ETF | 3.99% |
| GDXY | YieldMax Gold Miners Option Income Strategy ETF | 3.39% |
| YETH | Roundhill Ether Covered Call Strategy ETF | 3.01% |
| Bottom Performers | ||
| SEMY | GraniteShares YieldBOOST Semiconductor ETF | -4.89% |
| WPAY | Roundhill WeeklyPay Universe ETF | -3.84% |
| FIVY | YieldMax Dorsey Wright Hybrid 5 Income ETF | -3.78% |
| EGGS | NestYield Total Return Guard ETF | -3.52% |
| FEAT | YieldMax Dorsey Wright Featured 5 Income ETF | -3.50% |
Analyzing the Weekly Flows
The channel saw $850 million in total net flows. Synthetic Income – Equity led with $767 million in inflows (Total AUM $146.6B). Synthetic Income – Commodity funds saw slight outflows of $2 million.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Synthetic Income – Equity | 160 | $146,604M | $767M | $3,369M | $9,270M | $46,448M | $49,009M |
| Synthetic Income – Fixed Income | 18 | $4,527M | $29M | $233M | $661M | $1,524M | $1,469M |
| Synthetic Income – Crypto | 21 | $1,809M | $27M | $444M | $1,046M | $2,384M | $2,459M |
| Synthetic Income – Single Stock | 98 | $11,219M | $25M | $12,824M | $14,593M | $26,482M | $27,261M |
| Synthetic Income – Multi-Asset | 3 | $187M | $4M | $1M | $3M | $27M | $28M |
| Synthetic Income – Commodity | 12 | $1,554M | ($2M) | $85M | $353M | $686M | $687M |
Top & Bottom 5 ETFs by 5-Day Flow
The NEOS Nasdaq 100 High Income ETF (QQQI) took the top spot with $171 million in inflows. Conversely, the YieldMax Ultra Option Income Strategy ETF (ULTY) and JPMorgan Equity Premium Income ETF (JEPI) saw the largest exits.
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| QQQI | NEOS Nasdaq 100 High Income ETF | $171M |
| SPYI | NEOS S&P 500 High Income ETF | $56M |
| GPIQ | Goldman Sachs Nasdaq-100 Premium Income ETF | $55M |
| DIVO | Amplify CWP Enhanced Dividend Income ETF | $43M |
| QYLD | Global X NASDAQ 100 Covered Call ETF | $37M |
| Outflows | ||
| ULTY | YieldMax Ultra Option Income Strategy ETF | -$14M |
| JEPI | JPMorgan Equity Premium Income ETF | -$13M |
| IGLD | FT Vest Gold Strategy Target Income ETF | -$11M |
| KNG | FT Vest S&P 500 Dividend Aristocrats Target Income ETF | -$10M |
| WPAY | Roundhill WeeklyPay Universe ETF | -$10M |
Issuer League Table Update
JPMorgan remains the dominant issuer with 44.38% market share, followed by Neos at 10.08%. Neos led in weekly inflows with $293 million, while YieldMax experienced outflows of $32 million.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| JPMorgan | 3 | $73.63B | 44.38% |
| Neos | 14 | $16.72B | 10.08% |
| Global X | 15 | $12.79B | 7.71% |
| YieldMax | 60 | $12.12B | 7.30% |
| FT Vest | 11 | $7.80B | 4.70% |
Top & Bottom 3 Issuers by 5-Day Flow
| Inflows | |
| Brand | 5-Day Flow |
|---|---|
| Neos | $293M |
| Goldman Sachs | $88M |
| Global X | $79M |
| Outflows | |
| YieldMax | -$32M |
| Simplify | $0M |
| KraneShares | $0M |
For a deeper dive into these trends, access our FREE, in-depth 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.
