Weekly Channel Summary
Traders threw caution to the wind this week, pouring a staggering $2.45B into the Single Stock ETF channel. That massive weekly injection brings the year-to-date haul to $4.71B and pushes total channel assets to an impressive $39B across 436 products and 15 competitive issuers. The overwhelming majority of the fresh capital piled into levered products as investors chased aggressive upside exposure in tech and crypto names, setting the stage for a wildly volatile close to the quarter.
This Week’s Performance Leaders and Laggards
The underlying equity landscape was defined by dramatic breakouts and brutal breakdowns. Centene (CNC) and Nokia (NOK) skyrocketed, posting near-identical gains of over 27%. Clean energy also caught a massive bid, with Bloom Energy (BE) surging over 25%. On the flip side, Roblox (RBLX) cratered, wiping out nearly 20% of its value in just five days, while Teradyne (TER) and Eos Energy (EOSE) suffered punishing double-digit drawdowns.
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 | ||||
| CNC | Centene Corporation | 27.55% | 29.62% | 1 |
| NOK | Nokia Oyj Sponsored ADR | 27.54% | 107.00% | 1 |
| BE | Bloom Energy Corporation Class A | 25.67% | 234.35% | 3 |
| LAC | Lithium Americas Corp. | 23.06% | 30.96% | 1 |
| INTC | Intel Corporation | 20.69% | 169.97% | 2 |
| Bottom 5 Performers | ||||
| RBLX | Roblox Corp. Class A | -19.54% | -44.30% | 1 |
| TER | Teradyne, Inc. | -17.38% | 78.53% | 1 |
| EOSE | Eos Energy Enterprises, Inc. Class A | -15.91% | -43.72% | 1 |
| SPOT | Spotify Technology SA | -14.77% | -23.97% | 1 |
| LMND | Lemonade Inc | -13.77% | -20.40% | 1 |
Weekly Performance: The Winners and Losers
If you needed a reminder of how powerful the leverage multiplier can be, look no further than the Tradr 2X Long BE Daily ETF (BEX). By wrapping 2x exposure around Bloom Energy’s phenomenal week, the ETF blasted higher by a jaw-dropping 157.64%. Conversely, the T-REX 2X Long RBLX Daily Target ETF (RBLU) was a wealth hazard, evaporating over 76% of its value as daily compounding worked against it in a rapidly depreciating underlying asset.
| Ticker | Fund Name | WTD Performance |
|---|---|---|
| Top 5 ETF Performers | ||
| BEX | Tradr 2X Long BE Daily ETF | 157.64% |
| CNCG | Leverage Shares 2X Long CNC Daily ETF | 136.37% |
| LNOK | Defiance Daily Target 2X Long NOK ETF | 59.25% |
| BEG | Leverage Shares 2x Long BE Daily ETF | 49.88% |
| LACG | Leverage Shares 2X Long LAC Daily ETF | 45.40% |
| Bottom 5 ETF Performers | ||
| RBLU | T-REX 2X Long RBLX Daily Target ETF | -76.38% |
| BEZ | Tradr 2X Short BE Daily ETF | -53.67% |
| TERG | Leverage Shares 2X Long TER Daily ETF | -36.94% |
| EOSU | T-REX 2X Long EOSE Daily Target ETF | -30.77% |
| SPOG | Leverage Shares 2X Long SPOT Daily ETF | -29.16% |
Analyzing the Weekly Flows
Traders made their directional bias abundantly clear: they are buying the dip and leveraging up. Levered ETFs absorbed an immense $2.26B in a single week, proving that appetite for amplified tech and crypto exposure remains insatiable. Meanwhile, Inverse ETFs suffered a $52M exodus, indicating the bears are retreating or cutting their losses. Synthetic Income products quietly added $80M as yield-hungry investors continued to harvest premium from single-stock volatility.
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 | 266 | $30,183.9M | $2,261M | $225M | $4,250M | $5,015M | $7,116M |
| Synthetic Income | 100 | $7,772.3M | $80M | $113M | -$71M | -$456M | $10,036M |
| Currency Hedged | 9 | $21.8M | $0M | $3M | $1M | $4M | $5M |
| Inverse | 46 | $1,119.9M | -$52M | $304M | $218M | -$25M | $922M |
Flow Leaders & Laggards: The ETF Tale of the Tape
GraniteShares dominated the inbound action with two massive plays: their 2x Long MARA ETF (MRAL) hauled in $472M, while their 2x Long SMCI ETF (SMCL) captured $464M. Tesla (TSLL) and Nvidia (NVDL) bulls also added heavily to their positions. At the bottom of the ledger, GraniteShares’ 2x Long AMD ETF (AMDL) was abandoned by traders, hemorrhaging $105M as chip sector sentiment fractured.
| Ticker | Fund Name | 5-Day Flow |
|---|---|---|
| Top 5 ETF Inflows | ||
| MRAL | GraniteShares 2x Long MARA Daily ETF | $472M |
| SMCL | GraniteShares 2x Long SMCI Daily ETF | $464M |
| TSLL | Direxion Daily TSLA Bull 2X ETF | $253M |
| MSTP | GraniteShares 2x Long MSTR Daily ETF | $180M |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | $167M |
| Bottom 5 ETF Outflows | ||
| AMDL | GraniteShares 2x Long AMD Daily ETF | -$105M |
| LITX | Tradr 2X Long LITE Daily ETF | -$101M |
| GGLL | Direxion Daily GOOGL Bull 2X ETF | -$71M |
| NVDU | Direxion Daily NVDA Bull 2X ETF | -$25M |
| APLX | Tradr 2X Long APLD Daily ETF | -$24M |
Issuer League Table Update
Direxion maintains its iron grip on the top spot with nearly 31% market share and over $12B in channel assets. However, GraniteShares is charging hard. Thanks to a blistering week where they vacuumed up over $1.3B in net flows, GraniteShares is cementing its position as the clear number two. YieldMax, Tradr, and Defiance continue to round out the highly concentrated top 5, commanding the lion’s share of single-stock action.
The Heavyweights: Top 5 Issuers by AUM
| Brand | Fund Count | AUM | AUM Market Share |
|---|---|---|---|
| Direxion | 51 | $12.13B | 30.88% |
| GraniteShares | 63 | $8.33B | 21.21% |
| YieldMax | 41 | $6.30B | 16.04% |
| Tradr | 57 | $4.37B | 11.13% |
| Defiance | 51 | $2.97B | 7.55% |
Weekly Flows: Issuer Edition
| Brand | 5-Day Flow |
|---|---|
| Top 3 Issuer Inflows | |
| GraniteShares | $1,317M |
| Direxion | $373M |
| Tradr | $250M |
| Bottom 3 Issuer Outflows | |
| Leverage Shares | -$1M |
| Bitwise | $0M |
| Simplify | $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.
