Weekly Channel Summary
The Single Stock ETF channel continues its relentless expansion, now commanding a staggering $32B in Total AUM across 440 funds and 17 active issuers. The appetite for concentrated, amplified risk shows no signs of cooling. Over the past five days, traders piled another $339M into the space, propelling Year-To-Date net inflows to $3.77B and an eye-watering $19.45B over the trailing 1-year period. While tech heavyweights usually dominate the headlines, this week saw massive capital rotation as investors cashed in chips on legacy semi-darlings and chased breakneck rallies in aerospace and biotech.
This Week’s Performance Leaders and Laggards
If you weren’t looking to the stars this week, you missed out. Aerospace and space exploration names completely hijacked the leaderboard, with Firefly Aerospace (FLY) and Intuitive Machines (LUNR) skyrocketing 38.92% and 36.93% respectively. Meanwhile, the energy and defense sectors took a beating. Constellation Energy (CEG) cratered -9.51%, and traditional powerhouses like Exxon Mobil (XOM) found themselves lagging the broader market significantly.
Top & Bottom Underlying Stock Performance (WTD)
| Ticker | Underlying Stock | Week-To-Date Return | Year-To-Date Return | Number of Funds Following Stock |
|---|---|---|---|---|
| Top 5 Performing Underlying Stocks | ||||
| FLY | Firefly Aerospace, Inc. | 38.92% | 47.21% | 1 |
| LUNR | Intuitive Machines, Inc. Class A | 36.93% | 47.81% | 1 |
| CRML | Critical Metals Corp. | 19.32% | 21.04% | 2 |
| RDW | Redwire Corp | 19.24% | 28.03% | 1 |
| NIO | NIO Inc. Sponsored ADR Class A | 18.64% | 23.53% | 1 |
| Bottom 5 Performing Underlying Stocks | ||||
| CEG | Constellation Energy Corporation | -9.51% | -22.67% | 1 |
| ENPH | Enphase Energy, Inc. | -7.72% | 8.95% | 1 |
| CIFR | Cipher Digital Inc. | -6.73% | -13.14% | 2 |
| KTOS | Kratos Defense & Security Solutions, Inc. | -6.44% | -11.33% | 1 |
| XOM | Exxon Mobil Corporation | -6.02% | 34.45% | 3 |
Weekly Performance: The Winners and Losers
When the underlying stock runs, leveraged single stock ETFs absolutely fly. Tradr’s 2X Long FLY Daily ETF (FLYT) posted a face-melting 84.74% gain in just five days, perfectly demonstrating the compounding power of daily resets in a trending market. Conversely, being on the wrong side of the space trade punished bears severely, as seen with Defiance’s 2X Short ASTS ETF (ASTN), which shed over a third of its value.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 Performing ETFs | ||
| FLYT | Tradr 2X Long FLY Daily ETF | 84.74% |
| LUNL | Defiance Daily Target 2X Long LUNR ETF | 76.99% |
| NIOG | Leverage Shares 2X Long NIO Daily ETF | 39.09% |
| RDWU | T-REX 2X Long RDW Daily Target ETF | 38.20% |
| CRMX | Tradr 2X Long CRML Daily ETF | 37.65% |
| Bottom 5 Performing ETFs | ||
| ASTN | Defiance Daily Target 2X Short ASTS ETF | -34.77% |
| RKLZ | Defiance Daily Target 2x Short RKLB ETF | -24.69% |
| CORD | T-REX 2X Inverse CRWV Daily Target ETF | -23.09% |
| NBIZ | Tradr 2X Short NBIS Daily ETF | -21.28% |
| APLZ | Tradr 2X Short APLD Daily ETF | -18.76% |
Analyzing the Weekly Flows
Risk is officially back on the menu. Levered single stock ETFs were the unquestioned victors this week, attracting an impressive $332M in net new money as traders looked to capitalize on momentum. Conversely, Inverse funds saw -$22M march out the door. The message is clear: the crowd is firmly positioning for upside, betting that recent rallies have more room to run.
Where the Money Went This Week
| Category | Fund Count | AUM | 5 Day Flow | 30 Day Flow | 90 Day Flow | YTD Flow | 1 Year Flow |
|---|---|---|---|---|---|---|---|
| Levered | 266 | $23,080.8M | $332M | $950M | $5,169M | $4,639M | $7,502M |
| Synthetic Income | 101 | $7,299.3M | $35M | $278M | ($490M) | ($550M) | $10,976M |
| Currency Hedged | 9 | $20.4M | ($6M) | $2M | $4M | $4M | $3M |
| Inverse | 52 | $1,153.6M | ($22M) | ($106M) | ($305M) | ($323M) | $970M |
Flow Leaders & Laggards: The ETF Tale of the Tape
A massive $143M was hoovered up by Tradr’s 2X Long SNDK Daily ETF (SNXX), dwarfing the competition in absolute dollar intake. Conversely, we witnessed a severe exodus from some of the market’s most popular tech darlings. GraniteShares’ 2x Long NVDA (NVDL) and Direxion’s Daily TSLA Bull 2X (TSLL) bled -$115M and -$80M respectively, signaling that traders might finally be rotating out of the crowded AI and EV mega-caps to hunt for yield elsewhere.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top 5 ETF Inflows | ||
| SNXX | Tradr 2X Long SNDK Daily ETF | $143M |
| LLYX | Defiance Daily Target 2X Long LLY ETF | $57M |
| LITX | Tradr 2X Long LITE Daily ETF | $55M |
| CONL | GraniteShares 2x Long COIN Daily ETF | $53M |
| MSFU | Direxion Daily MSFT Bull 2X ETF | $43M |
| Bottom 5 ETF Outflows | ||
| NVDL | GraniteShares 2x Long NVDA Daily ETF | -$115M |
| TSLL | Direxion Daily TSLA Bull 2X ETF | -$80M |
| MUU | Direxion Daily MU Bull 2X ETF | -$46M |
| SMCX | Defiance Daily Target 2X Long SMCI ETF | -$20M |
| CRCA | ProShares Ultra CRCL | -$15M |
Issuer League Table Update
Direxion maintains its iron grip on the top spot, boasting over 31% of the total Single Stock AUM. However, the crown for the week’s best asset gatherer goes to Tradr, which successfully lured an incredible $311M through its doors over the trailing 5 days. Conversely, the legacy giants stumbled; Direxion and ProShares found themselves at the bottom of the weekly flow charts, leaking -$29M and -$14M respectively.
The Heavyweights: Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Direxion | 59 | $9.82B | 31.08% |
| GraniteShares | 58 | $7.05B | 22.31% |
| YieldMax | 41 | $5.94B | 18.79% |
| Tradr | 57 | $2.73B | 8.64% |
| Defiance | 50 | $1.87B | 5.93% |
Weekly Flows: Issuer Edition
| Brand | 5-Day Flow |
|---|---|
| Top 3 Issuer Inflows | |
| Tradr | $311M |
| Leverage Shares | $29M |
| YieldMax | $28M |
| Bottom 3 Issuer Outflows | |
| Direxion | -$29M |
| ProShares | -$14M |
| ADRhedged | -$6M |
For a deeper dive into these trends, access our FREE, in-depth Single Stock 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.
