DYNF.P Hits 52-Week High Despite Bearish KDJ Signal

ETF Overview and Capital Flows

DYNF.P, the iShares U.S. Equity Factor Rotation Active ETF, targets large- and mid-cap U.S. stocks using five equity style factors in an actively managed strategy. As a long-only leveraged ETF with a 1x leverage ratio, it amplifies exposure to its dynamic factor-driven portfolio. Recent capital flows show robust demand: on Jan. 30, 2026, it absorbed over $23 million in net fund flows, with block and extra-large orders accounting for nearly 94% of the total. This suggests institutional or strategic investor participation.

Technical Signals and Market Setup

A critical technical signal emerged on Feb. 3, 2026: DYNF.P triggered a KDJ dead cross, a bearish pattern where the %K line crosses below the %D line after both remain above 80. This often signals overbought conditions and potential near-term reversal risks. However, the ETF’s intraday price still hit a 52-week high, highlighting a divergence between momentum indicators and trend direction. Traders may watch for confirmation of this technical conflict through follow-through price action.

Peer ETF Snapshot

• APMU.P charges 0.37% expense ratio, holds $215M in AUM, and applies 1.0x leverage.
• AVIG.P, with a 0.15% expense ratio, is the lowest-cost peer and commands $2B in assets.
• AGG.P, the largest peer, boasts $138B in AUM but has a minimal 0.03% expense ratio.
• ACVT.P stands out with a 0.65% expense ratio and $30M in assets, reflecting a niche focus.

Opportunities and Structural Constraints

DYNF.P’s active factor rotation strategy and recent inflows highlight its appeal in a shifting market environment.