Overall ETF market trading remained elevated, with total volume reaching $340.4B, or 119% of the 30-day average. The day’s activity was disproportionately driven by a remarkable surge in ‘Asset Allocation: Target Risk – Conservative’ funds, which saw trading volumes spike to 334% of their recent average, even as the category finished the day down 0.09%. This interest in specific niches was also seen in ‘Fixed Income: Taxable – Convertible’ (197% of average volume, -0.27% return) and ‘Equity: Thematic – Infrastructure’ (156% of average volume, +0.22% return), suggesting a broad-based interest in specific, non-core asset classes.
Asset Class Summary
Asset Class
Volume
30D Avg.
% of 30D Avg.
Equity
$236.9B
$188.5B
126%
Fixed Income
$28.8B
$30.6B
94%
Commodities
$10.3B
$13.3B
78%
Crypto
$9.3B
$8.7B
107%
Currencies
$59.7M
$76.2M
78%
Alternatives
$1.9B
$1.5B
126%
Non-Traditional
$52.9B
$42.2B
125%
Multi-Asset
$191.3M
$182.1M
105%
Equity
The Equity asset class recorded $236.9B in total volume, trading at 126% of its 30-day average. Activity was led by significant turnover in the U.S. Large Cap – Growth category (finishing the day up +0.03%) and U.S. Small Cap – Blend (down -0.08%). This activity was exemplified by heavy trading in FTXL (closing up +0.11%) and QQXT (closing down -0.26%).
The Fixed Income asset class recorded $28.8B in total volume, trading at 94% of its 30-day average. Activity was led by significant turnover in the Taxable – Convertible category (finishing the day down -0.27%) and Municipal – Long (down -0.09%). This activity was exemplified by heavy trading in CMBS (closing down -0.18%) and BLV (closing up +0.30%).
The Commodities asset class recorded $10.3B in total volume, trading at 78% of its 30-day average. Activity was led by significant turnover in the Focused – Agriculture category (finishing the day down -0.58%). This activity was exemplified by heavy trading in DBC (closing up +0.20%).
The Crypto asset class recorded $9.3B in total volume, trading at 107% of its 30-day average. Activity was led by significant turnover in the Cryptocurrency – Bitcoin category (finishing the day down -2.97%). Trading was broadly in line with averages, with no significant high-volume categories to note.
High-Volume Categories (>$100M Traded)
Category
Activity vs ADV
$ Volume
1-Day Return
No categories met the high-volume criteria.
High-Activity Ticker Outliers
Ticker
Name
Activity vs ADV
$ Volume
1D Return
No high-activity ticker outliers for this asset class.
Currencies
The Currencies asset class recorded $59.7M in total volume, trading at 78% of its 30-day average. Trading was broadly in line with averages, with no significant high-volume categories to note.
High-Volume Categories (>$100M Traded)
Category
Activity vs ADV
$ Volume
1-Day Return
No categories met the high-volume criteria.
High-Activity Ticker Outliers
Ticker
Name
Activity vs ADV
$ Volume
1D Return
No high-activity ticker outliers for this asset class.
Alternatives
The Alternatives asset class recorded $1.9B in total volume, trading at 126% of its 30-day average. Activity was led by significant turnover in the Volatility – Long category (finishing the day down -1.98%) and Volatility – Short (up +0.75%). Trading was broadly in line with averages, with no significant high-volume categories to note.
High-Volume Categories (>$100M Traded)
Category
Activity vs ADV
$ Volume
1-Day Return
Volatility – Long
126%
$1.6B
-1.98%
Volatility – Short
143%
$295.0M
+0.75%
High-Activity Ticker Outliers
Ticker
Name
Activity vs ADV
$ Volume
1D Return
No high-activity ticker outliers for this asset class.
Non-Traditional
The Non-Traditional asset class recorded $52.9B in total volume, trading at 125% of its 30-day average. Activity was led by significant turnover in the Leverage | Inverse – Equity category (finishing the day down -0.11%) and Synthetic Income – Commodity (down -1.19%). This activity was exemplified by heavy trading in IGLD (closing down -1.39%) and ZALT (closing down -0.02%).
Amplify CWP International Enhanced Dividend Income ETF
165%
$9.6M
-0.21%
Multi-Asset
The Multi-Asset asset class recorded $191.3M in total volume, trading at 105% of its 30-day average. Activity was led by significant turnover in the Target Risk – Conservative category (finishing the day down -0.09%) and Target Risk – Growth (down -0.04%). Trading was broadly in line with averages, with no significant high-volume categories to note.
High-Volume Categories (>$100M Traded)
Category
Activity vs ADV
$ Volume
1-Day Return
No categories met the high-volume criteria.
High-Activity Ticker Outliers
Ticker
Name
Activity vs ADV
$ Volume
1D Return
No high-activity ticker outliers for this asset class.
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