Specialty Recap: HFEQ Surges, Arin Takes Top Flows, & Hedged Equities Outperform

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Weekly Channel Summary

The EQ: Specialty channel closed the week with $13.78 Billion in assets across 69 ETFs managed by 49 issuers. The channel recorded net inflows of $8 Million for the week. Year-to-date, the channel has attracted $2.81 Billion in new capital, contributing to a robust 1-year flow total of $3.33 Billion.

This Week’s Performance Leaders and Laggards

The Equity: Specialty – Hedged category led performance this week, posting a gain of 2.88%. Conversely, the Equity: Specialty – Long | Short category lagged, delivering a return of 1.79%. Both categories remain in positive territory for the year, with Hedged up 12.23% and Long | Short up 6.95% YTD.

Category Performance Snapshot

Category WTD 1 Month 3 Month 6 Month YTD 1 Year
Equity: Specialty – Hedged 2.88% 0.10% 4.97% 11.20% 12.23% 8.67%
Equity: Specialty – Long | Short 1.79% 0.15% 2.71% 5.70% 6.95% 4.16%

Top & Bottom 5 ETFs by Weekly Performance

The HFEQ (Unlimited HFEQ Equity Long/Short ETF) took the top spot this week with a 6.81% return. On the downside, the HFSP (TradersAI Large Cap Equity & Cash ETF) and BTAL (AGF U.S. Market Neutral Anti-Beta Fund) were the primary laggards.

Ticker Fund Name WTD Performance
Top Performers
HFEQ Unlimited HFEQ Equity Long/Short ETF 6.81%
SPUC Simplify US Equity PLUS Upside Convexity ETF 5.65%
EHLS Even Herd Long Short ETF 5.38%
HBTA Horizon Expedition Plus ETF 5.37%
CTEF Castellan Targeted Equity ETF 5.27%
Bottom Performers
HFSP TradersAl Large Cap Equity & Cash ETF -5.79%
BTAL AGF U.S. Market Neutral Anti-Beta Fund -5.17%
SHRT Gotham Short Strategies ETF -1.60%
QBER TrueShares Quarterly Bear Hedge ETF -0.51%
CAOS Alpha Architect Tail Risk ETF -0.29%

Analyzing the Weekly Flows

The EQ: Specialty channel saw a net total of $8 Million in flows this week. The Equity: Specialty – Long | Short category secured the most inflows with $24 Million (Total AUM: $3.8 Billion). In contrast, the Equity: Specialty – Hedged category saw the largest outflows, shedding $16 Million.

Category Flows Summary

Category Fund Count AUM 5 Day 30 Day 90 Day YTD 1 Year
Equity: Specialty – Long | Short 20 $3.8B $24M $64M ($304M) $483M $568M
Equity: Specialty – Hedged 49 $9.9B ($16M) $68M $446M $2,326M $2,760M

Top & Bottom 5 ETFs by 5-Day Flow

The ATTR (Arin Tactical Tail Risk ETF) led inflows by dollar amount. Conversely, CAOS (Alpha Architect Tail Risk ETF) and QBER (TrueShares Quarterly Bear Hedge ETF) saw the largest outflows.

Ticker Fund Name 5-Day Flow
Inflows
ATTR Arin Tactical Tail Risk ETF $28M
BTAL AGF U.S. Market Neutral Anti-Beta Fund $16M
PRAE PlanRock Alternative Growth ETF $14M
FTLS First Trust Long/Short Equity ETF $7M
SPD Simplify US Equity PLUS Downside Convexity ETF $4M
Outflows
CAOS Alpha Architect Tail Risk ETF ($27M)
QBER TrueShares Quarterly Bear Hedge ETF ($23M)
HELO JPMorgan Hedged Equity Laddered Overlay ETF ($6M)
HEQT Simplify Hedged Equity ETF ($4M)
SPUC Simplify US Equity PLUS Upside Convexity ETF ($4M)

Issuer League Table Update

JPMorgan and First Trust remain the top two issuers by market share, commanding $3.78B and $2.13B in AUM, respectively. This week, Arin led the pack with the most significant weekly inflows, while Alpha Architect saw the largest outflows among issuers.

Top 5 Issuers by AUM

Brand Fund Count AUM AUM Market Share
JPMorgan 3 $3.78B 27.54%
First Trust 1 $2.13B 15.55%
Simplify 5 $0.64B 4.70%
Fidelity 2 $0.63B 4.59%
Swan 1 $0.60B 4.35%

Top & Bottom 3 Issuers by 5-Day Flow

Brand 5-Day Flow
Inflows
Arin $28M
AGF $16M
PlanRock $14M
Outflows
Alpha Architect ($27M)
TrueShares ($23M)
Simplify ($4M)

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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.