Macro Summary
Total market volume reached $202.17B for the session, registering muted overall activity at 68% of the 30-day average. Pockets of relative action were observed in Digital Assets and Non-Traditional products, though all broad asset classes traded below their 30-day volume baselines. Return profiles leaned negative across the spectrum, with only Commodities and Alternatives posting positive aggregate sessions.
| Asset Class | Volume | 30D Avg. | % of 30D Avg. |
|---|---|---|---|
| Equity | $123.73B | $198.77B | 62% |
| Fixed Income | $28.25B | $35.17B | 80% |
| Commodities | $8.35B | $15.18B | 55% |
| Digital Asset | $3.96B | $4.49B | 88% |
| Currencies | $133.37M | $160.31M | 83% |
| Alternatives | $904.72M | $1.55B | 59% |
| Non-Traditional | $36.65B | $43.65B | 84% |
| Multi-Asset | $178.29M | $226.17M | 79% |
Equity
Equity volume totaled $123.73B, reflecting a suppressed 62% of the 30-day average. Sustainability-focused thematic strategies drove the only notable outlier category activity, while broad market flows remained subdued.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Equity: Thematic – Sustainability | 136% | $310.61M | +0.56% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| GFLW | VictoryShares Free Cash Flow Growth ETF | 897% | $60.82M | -0.08% |
| JIVE | JPMorgan International Value ETF | 817% | $203.97M | -0.62% |
| JSMD | Janus Henderson Small/Mid Cap Growth Alpha ETF | 627% | $39.74M | -0.43% |
| IMCB | iShares Morningstar Mid-Cap ETF | 501% | $21.06M | +0.02% |
| PTNQ | Pacer Trendpilot 100 ETF | 480% | $12.40M | +0.53% |
| SAMT | Strategas Macro Thematic Opportunities ETF | 466% | $15.08M | -0.09% |
| SRVR | Pacer Data & Infrastructure Real Estate ETF | 369% | $10.11M | -0.54% |
| HEWJ | iShares Currency Hedged MSCI Japan ETF | 308% | $12.58M | -0.46% |
| BIBL | Inspire 100 ETF | 305% | $9.05M | -0.36% |
| DMXF | iShares ESG Advanced MSCI EAFE ETF | 290% | $23.87M | -0.64% |
Fixed Income
Fixed Income saw $28.25B in trading volume, operating at 80% of its historical average. International Taxable bonds witnessed significant outsized activity, trading at over 600% of average daily volume alongside Ultrashort funds.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Fixed Income: Taxable – International | 603% | $242.70M | -0.53% |
| Fixed Income: Taxable – Ultrashort | 137% | $2.27B | -0.06% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| ISHG | iShares 1-3 Year International Treasury Bond ETF | 3010% | $157.41M | -0.32% |
| IGOV | iShares International Treasury Bond ETF | 727% | $63.57M | -0.69% |
| BBHY | JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 395% | $13.10M | -0.29% |
| VPLS | Vanguard Core Plus Bond ETF | 376% | $37.40M | -0.37% |
| CDX | Simplify High Yield ETF | 375% | $9.58M | -0.42% |
| SBIL | Simplify Government Money Market ETF | 330% | $55.04M | -0.00% |
| TAXF | American Century Diversified Municipal Bond ETF | 314% | $10.37M | +0.01% |
| JAAA | Janus Henderson AAA CLO ETF | 258% | $617.20M | +0.05% |
| HYGH | iShares Interest Rate Hedged High Yield Bond ETF | 248% | $9.13M | -0.26% |
| JPST | JPMorgan Ultra-Short Income ETF | 240% | $778.46M | -0.04% |
Commodities
Commodities registered $8.35B in volume, marking a quiet session at 55% of the norm. Agriculture-focused products generated localized volume spikes alongside a positive return profile.
High-Volume Categories
| Category | Activity vs ADV | $ Volume | 1-Day Return |
|---|---|---|---|
| Commodity: Focused – Agriculture | 132% | $159.02M | +0.92% |
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| WEAT | Teucrium Wheat Fund | 197% | $44.83M | +0.73% |
| CMDY | iShares Bloomberg Roll Select Commodity Strategy ETF | 156% | $6.24M | +1.70% |
Digital Asset
Digital Assets traded $3.96B, capturing 88% of average daily volume. The asset class saw a noticeable pullback, with broad cryptocurrency strategies returning -1.82%.
High-Volume Categories
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| BTCO | Invesco Galaxy Bitcoin ETF | 162% | $10.44M | -1.13% |
Currencies
Currency ETF volume came in at $133.37M, representing 83% of typical daily activity. The session was balanced with minimal category-level momentum.
High-Volume Categories
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| FXY | Invesco Currencyshares Japanese Yen Trust | 205% | $19.55M | -0.43% |
Alternatives
Alternative strategies recorded $904.72M in volume (59% of ADV), though the class posted a solid +0.83% positive aggregate return on the day.
High-Volume Categories
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
No items met the inclusion criteria for this session.
Non-Traditional
Non-Traditional ETFs led relative engagement with $36.65B in volume, reaching 84% of their 30-day average. Leveraged single-stock products dominated the outlier activity board.
High-Volume Categories
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
| Ticker | Name | Activity vs ADV | $ Volume | 1D Return |
|---|---|---|---|---|
| INTW | GraniteShares 2x Long INTC Daily ETF | 322% | $221.01M | +21.97% |
| AMZU | Direxion Daily AMZN Bull 2X ETF | 247% | $208.73M | -1.78% |
| FAPR | FT Vest U.S. Equity Buffer ETF – April | 216% | $8.41M | -0.09% |
| GGLL | Direxion Daily GOOGL Bull 2X ETF | 197% | $179.14M | +7.48% |
| FTHI | First Trust BuyWrite Income ETF | 181% | $30.27M | -0.45% |
| AMDL | GraniteShares 2x Long AMD Daily ETF | 174% | $369.98M | +5.62% |
| IGLD | FT Vest Gold Strategy Target Income ETF | 167% | $12.33M | -0.91% |
| XDTE | Roundhill S&P 500 0DTE Covered Call Strategy ETF | 160% | $13.15M | +0.00% |
| BITU | ProShares Ultra Bitcoin ETF | 159% | $95.95M | -2.19% |
| CONY | YieldMax COIN Option Income Strategy ETF | 155% | $14.58M | -6.28% |
Multi-Asset
Multi-Asset strategies concluded the session with $178.29M in total volume, trading steadily at 79% of the historical average.
High-Volume Categories
No items met the inclusion criteria for this session.
High-Activity Ticker Outliers
No items met the inclusion criteria for this session.
