Research

Tonight, and every night before it

Five findings, one per kind of fund, rebuilt from the desks every trading night. Tonight’s set is frozen at a dated address the moment the night ends, so a figure quoted from one stays quotable.

TonightSep 12, 2026

104 of 380 buffer ETFs at their cap 32 of 164 income funds ahead of their index 30% of the typical theme is already the index 400 of 511 leveraged short of their multiple 33 of 45 crypto ETPs within a point of their coin

Tonight

104of 380 buffer ETFs at their cap

On Sep 12, 2026, 104 of 380 buffer ETFs across 8 issuers sat at their cap, so in index terms those funds have no further upside this period.

The state of buffer ETFs · data as of Sep 12, 2026

32of 164 income funds ahead of their index

Over the year to Sep 11, 2026, 32 of 164 index income ETFs finished ahead of the index they write options on, once every cash payment was counted and reinvested. The median fund was −4.9 pts against its benchmark.

Who paid, and where the cash came from · data as of Sep 11, 2026

30%of the typical theme is already the index

By their latest holdings filings, the typical thematic ETF has 30% of its weight in stocks the S&P 500 already holds, and 70 of 352 funds are more than sixty percent index names.

How much of a theme is already the index · data as of Sep 11, 2026

400of 511 leveraged short of their multiple

Over the three months to Sep 11, 2026, 400 of 511 leveraged and inverse ETFs finished short of their own stated multiple. The median fund finished -4.6 points from its stated multiple.

The stated multiple and what the holder got · data as of Sep 11, 2026

33of 45 crypto ETPs within a point of their coin

Of the 45 spot crypto ETFs ETFIQ can measure on Sep 11, 2026, 33 finished within a point of the coin they hold, and the typical difference is 0.80%. That difference is the fee, the custody, the friction of creating and redeeming shares in blocks and whatever the market paid for the shares rather than for the coin, all together, and it is the only figure on this desk the sponsor does not publish itself.

What a coin costs in a brokerage account · data as of Sep 11, 2026

Every night before

Each night as it stood, frozen and permanently addressed. These editions are kept so a citation resolves; the page that is always current is the undated one above.

Night	Held
Sep 13, 2026	5 pieces	Open
Sep 12, 2026	5 pieces	Open
Sep 11, 2026	5 pieces	Open
Sep 10, 2026	5 pieces	Open
Sep 9, 2026	5 pieces	Open
Sep 8, 2026	5 pieces	Open
Sep 4, 2026	4 pieces	Open

Cite a night. ETFIQ Research, the set as it stood on a given night. https://etfiq.com/research/nightly/ Every dated edition keeps its figures for good. Free to use with attribution; the underlying files are at Open data.

ETFIQ is an independent publisher, not an issuer, broker or adviser. Standards and sources