Weekly Channel Summary
The Synthetic Income channel continues to see robust activity, closing the week with $165B in total assets across 317 ETFs and 62 issuers. The channel attracted a net inflow of $1.23B for the past week, pushing Year-to-Date flows to $76.70B and the 1-Year total to $81.92B.
This Week’s Performance Leaders and Laggards
Performance this week was mixed, heavily influenced by underlying asset volatility in commodities and cryptocurrencies. While precious metals strategies found strength, crypto-linked income funds faced headwinds, occupying the majority of the bottom performance slots for the week.
Top & Bottom 5 ETFs by Weekly Performance
The single best-performing ETF this week was the Kurv Silver Enhanced Income ETF (KSLV), which rallied 3.98%. On the downside, the two worst performers were the Simplify Bitcoin Strategy PLUS Income ETF (MAXI), falling -4.04%, and the Amplify Solana 3% Monthly Option Income ETF (SOLM), which dropped -3.95%.
| Top Performers | ||
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| KSLV | Kurv Silver Enhanced Income ETF | 3.98% |
| ULTI | REX IncomeMax Option Strategy ETF | 3.44% |
| CHPY | YieldMax Semiconductor Portfolio Option Income ETF | 3.29% |
| EGGQ | NestYield Visionary ETF | 3.05% |
| SOXY | YieldMax Target 12 Semiconductor Option Income ETF | 2.83% |
| Bottom Performers | ||
| MAXI | Simplify Bitcoin Strategy PLUS Income ETF | -4.04% |
| SOLM | Amplify Solana 3% Monthly Option Income ETF | -3.95% |
| EHY | Amplify Ethereum Max Income Covered Call ETF | -3.82% |
| XLUI | State Street Utilities Select Sector SPDR Premium Income ETF | -3.78% |
| ETHI | Defiance Leveraged Long Income Ethereum ETF | -3.61% |
Analyzing the Weekly Flows
The channel experienced a total net inflow of $1.23B this week. This growth was primarily driven by the Synthetic Income – Equity category, which took in $795M in assets, followed by the Synthetic Income – Crypto category with $344M. Synthetic Income – Multi-Asset was the only category to see net outflows, shedding $2M.
Category Flows Summary
| Category | Fund Count | AUM | 5 Day | 30 Day | 90 Day | YTD | 1 Year |
|---|---|---|---|---|---|---|---|
| Synthetic Income – Equity | 155 | $145,021M | $795M | $2,591M | $8,770M | $45,618M | $49,411M |
| Synthetic Income – Crypto | 20 | $1,733M | $344M | $460M | $1,088M | $2,351M | $2,445M |
| Synthetic Income – Fixed Income | 18 | $4,504M | $63M | $252M | $664M | $1,495M | $1,424M |
| Synthetic Income – Commodity | 12 | $1,537M | $26M | $125M | $388M | $688M | $690M |
| Synthetic Income – Multi-Asset | 3 | $182M | ($2M) | ($9M) | $0M | $23M | $25M |
Top & Bottom 5 ETFs by 5-Day Flow
Among individual ETFs (excluding single stock funds), the YieldMax Bitcoin Option Income Strategy ETF (YBIT) led inflows with a significant haul. In contrast, the YieldMax Ultra Option Income Strategy ETF (ULTY) and the FT Vest S&P 500 Dividend Aristocrats Target Income ETF (KNG) saw the largest exits for the week.
| Inflows | ||
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| YBIT | YieldMax Bitcoin Option Income Strategy ETF | $273M |
| JEPQ | JPMorgan NASDAQ Equity Premium Income ETF | $204M |
| SPYI | NEOS S&P 500 High Income ETF | $125M |
| JEPI | JPMorgan Equity Premium Income ETF | $117M |
| GPIX | Goldman Sachs S&P 500 Premium Income ETF | $88M |
| Outflows | ||
| ULTY | YieldMax Ultra Option Income Strategy ETF | ($72M) |
| KNG | FT Vest S&P 500 Dividend Aristocrats Target Income ETF | ($54M) |
| QYLD | Global X NASDAQ 100 Covered Call ETF | ($34M) |
| FTQI | First Trust Nasdaq BuyWrite Income ETF | ($30M) |
| RDVI | FT Vest Rising Dividend Achievers Target Income ETF | ($26M) |
Issuer League Table Update
JPMorgan continues to dominate the space with 44.61% market share, followed by Neos at 9.81%. In terms of weekly inflows, JPMorgan led the pack with $320M, while top-tier issuers like First Trust and FT Vest saw minor net outflows.
Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| JPMorgan | 3 | $73.40B | 44.61% |
| Neos | 13 | $16.14B | 9.81% |
| Global X | 15 | $12.75B | 7.75% |
| YieldMax | 60 | $12.33B | 7.50% |
| FT Vest | 11 | $7.68B | 4.67% |
Top & Bottom 3 Issuers by 5-Day Flow
| Inflows | |
| Brand | 5-Day Flow |
|---|---|
| JPMorgan | $320M |
| Neos | $238M |
| Goldman Sachs | $147M |
| Outflows | |
| First Trust | ($38M) |
| FT Vest | ($25M) |
| Global X | ($25M) |
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.
