Weekly Channel Summary
The Single Stock ETF space is an absolute battleground right now. We are currently tracking a massive $35B in Assets Under Management across 432 ETFs and 17 different issuers. Traders piled into the action this week, driving $828M in fresh net inflows and pushing the Year-to-Date flow tally past the $3.3B mark. Over the trailing 12 months, this channel has absorbed an incredible $19.8B in new cash as investors continue to weaponize leveraged and inverse products to capture massive daily moves.
This Week’s Performance Leaders and Laggards
This week’s price action was defined by staggering tech and aerospace divergence. Planet Labs (PL) skyrocketed into orbit with a blistering 36.47% weekly gain, while Lemonade (LMND) and ARM Holdings (ARM) posted double-digit breakouts. On the flip side, Super Micro Computer (SMCI) cratered, shedding a massive third of its value in just five days, wiping out levered bulls and handing a generational week to the bears.
Top & Bottom Underlying Stock Performance (WTD)
| Ticker | Underlying Stock | Week-To-Date Return | Year-To-Date Return | Number of Funds Following Stock |
|---|---|---|---|---|
| Top 5 Performers | ||||
| PL | Planet Labs PBC Class A | 36.47% | 71.55% | 1 |
| LMND | Lemonade Inc | 16.37% | -9.83% | 1 |
| ARM | ARM Holdings PLC Sponsored ADR | 14.34% | 21.08% | 3 |
| LITE | Lumentum Holdings, Inc. | 13.47% | 91.64% | 1 |
| CRCL | Circle Internet Group, Inc. Class A | 9.23% | 58.93% | 5 |
| Bottom 5 Performers | ||||
| SMCI | Super Micro Computer, Inc. | -33.24% | -29.86% | 5 |
| USAR | USA Rare Earth, Inc. Class A | -16.55% | 36.47% | 1 |
| RCAT | Red Cat Holdings Inc | -16.46% | 67.09% | 1 |
| LAC | Lithium Americas Corp. | -15.49% | -14.91% | 1 |
| CRML | Critical Metals Corp. | -14.70% | 11.24% | 2 |
Weekly Performance: The Winners and Losers
Because of the compounding effects of daily resets, single stock ETFs can turn bad weeks into total bloodbaths or good weeks into moonshots. Case in point: Defiance’s 2X Long Planet Labs ETF (PLU) racked up an eye-watering 73.50% gain, while the 2X Short SMCI ETF (SMCZ) soared 64.25% as the underlying stock imploded. The fallout was devastating for levered SMCI bulls, with SMCX and SMCL both losing over 66% of their value in five trading days.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 ETF Performers | ||
| PLU | Defiance Daily Target 2x Long PL ETF | 73.50% |
| SMCZ | Defiance Daily Target 2X Short SMCI ETF | 64.25% |
| LMNX | Defiance Daily Target 2x Long LMND ETF | 31.85% |
| ARMG | Leverage Shares 2X Long ARM Daily ETF | 29.81% |
| LITX | Tradr 2X Long LITE Daily ETF | 25.32% |
| Bottom 5 ETF Performers | ||
| SMCX | Defiance Daily Target 2X Long SMCI ETF | -66.97% |
| SMCL | GraniteShares 2x Long SMCI Daily ETF | -66.90% |
| GEMG | Leverage Shares 2X Long GEMI Daily ETF | -43.49% |
| RCAX | Defiance Daily Target 2x Long RCAT ETF | -33.58% |
| SMCY | YieldMax SMCI Option Income Strategy ETF | -31.89% |
Analyzing the Weekly Flows
Risk is back on the menu. Levered ETFs aggressively dominated the flow landscape, vacuuming up $647M in net new assets over the last five days. Traders are clearly looking for amplified volatility and torque rather than downside protection, as Inverse ETFs saw a meager $13M in inflows. Meanwhile, Synthetic Income plays held their own, attracting $164M as yield-hungry investors continue selling volatility on major single stock names.
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 | 263 | $25,738.3M | $647M | $1,014M | $4,980M | $4,193M | $7,363M |
| Synthetic Income | 101 | $7,688.6M | $164M | $139M | -$859M | -$623M | $11,179M |
| Inverse | 52 | $1,160.5M | $13M | -$109M | -$285M | -$278M | $1,258M |
| Currency Hedged | 9 | $22.5M | $4M | $7M | $8M | $7M | $8M |
Flow Leaders & Laggards: The ETF Tale of the Tape
Digging into the individual tickers, investors threw massive weight behind Micron and NVIDIA bulls. Direxion’s MUU pulled in a colossal $188M, while GraniteShares’ NVDL followed closely with $181M in net inflows. On the bleeding edge, Sandisk bulls ran for the exits, yanking $127M out of Tradr’s SNXX, making it the biggest flow casualty of the week.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top 5 ETF Inflows | ||
| MUU | Direxion Daily MU Bull 2X ETF | $188M |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | $181M |
| TSLL | Direxion Daily TSLA Bull 2X ETF | $134M |
| MULL | GraniteShares 2x Long MU Daily ETF | $50M |
| MSTU | T-Rex 2X Long MSTR Daily Target ETF | $49M |
| Bottom 5 ETF Outflows | ||
| SNXX | Tradr 2X Long SNDK Daily ETF | -$127M |
| GGLL | Direxion Daily GOOGL Bull 2X ETF | -$53M |
| CRCO | YieldMax CRCL Option Income Strategy ETF | -$37M |
| XOMO | YieldMax XOM Option Income Strategy ETF | -$37M |
| TSMY | YieldMax TSM Option Income Strategy ETF | -$35M |
Issuer League Table Update
Direxion continues to wear the crown, boasting nearly $10.6B in assets and commanding a massive 30.59% market share. They also dominated the flow scoreboard this week, pulling in $311M. GraniteShares and YieldMax rounded out the top 3 asset gatherers. Meanwhile, Tradr suffered a brutal exodus, leading the issuer out-flow column as $110M left the shop.
The Heavyweights: Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Direxion | 55 | $10.59B | 30.59% |
| GraniteShares | 58 | $7.77B | 22.44% |
| YieldMax | 41 | $6.24B | 18.01% |
| Tradr | 53 | $2.88B | 8.32% |
| Defiance | 50 | $2.39B | 6.90% |
Weekly Flows: Issuer Edition
| Brand | 5-Day Flow |
|---|---|
| Top 3 Issuer Inflows | |
| Direxion | $311M |
| GraniteShares | $268M |
| YieldMax | $154M |
| Bottom 3 Issuer Outflows | |
| Tradr | -$110M |
| ProShares | -$3M |
| Kurv | $0M |
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.
