STRV Hits a New 52-Week High Driven by Programmatic Trading and Hedging Activity Amid Recent Net Outflows

ETF Overview and Capital Flows

STRV.N, the Strive 500 ETF, tracks a market-cap-weighted index of the 500 largest U.S. companies across all sectors. As a leveraged ETF with a 1.0x long exposure, it aims to deliver daily returns matching the S&P 500’s performance. Recent capital flows tell a mixed story: net outflows of $316K from extra-large orders, $351K from block orders, and $353K from retail orders on January 7, 2026. Despite this, its intraday price hit a 52-week high, suggesting demand may be driven by programmatic trading or hedging activity rather than broad investor inflows.

Peer ETF Snapshot

• AFIX.P charges 0.19% expense ratio, holds $178M in assets, and uses 1.0x leverage.
• ACVT.P has a steeper 0.65% expense ratio, $28M AUM, and 1.0x leverage.
• AGG.P, the largest peer, manages $136B with a 0.03% cost but also 1.0x leverage.
• ANGL.O and AVIG.P sit at opposite ends of the size spectrum, with $3B and $2B AUM, respectively.

Opportunities and Structural Constraints

STRV.N’s leverage ratio and low 0.0545% expense ratio make it a compelling tool for directional S&P 500 bets, particularly in volatile markets. That said, its recent outflows highlight the structural cost of leveraged ETFs: daily rebalancing can erode returns in choppy conditions.

For now, its 52-week high reflects underlying index strength but not necessarily a shift in investor sentiment. At the end of the day, traders using STRV.N must weigh its precision against the broader costs of leverage and liquidity dynamics.