July 13, 2020 KPI Summary
Big news this week: the open-to-close ratio has reached 1.00 for the first time since May 2nd. Additionally, the market saw 4 ETF launches and 1 closure. Change YTD in US ETF assets is at 2.54%, with total US ETF assets now exceeding $4.53 Trillion. The Toroso ETF Industry Index and S&P Financial Select Sector Index continue to experience only slight changes, most notably in the 1-month and 3-month returns.
TETF.Index Performance vs. S&P Financial Select Sector Index
(as of July 17, 2020)
TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through July 17, 2020)
Global X Education ETF (ticker: EDUT)
Franklin Liberty Ultra Short Bond ETF (ticker: FLUD)
American Century Mid Cap Growth Impact ETF (ticker: MID)
American Century Sustainable Equity ETF (ticker: ESGA)
Why Follow the ETF Industry KPIs
The team at Toroso Investments began tracking the ETF Industry Key Performance Indicators (KPI’s) in the early 2000’s and have been consistently reporting on, and analyzing these metrics ever since. The table below was the impetus for the creation of the TETF.Index, the index that tracks the ETF industry. Each week, we will share the statistics we believe to be the most useful for identifying industry trends, in addition to the performance of the TEFT.Index.
Past performance is no guarantee of future returns. This article is for informational and educational purposes only; is not intended to constitute legal, tax, accounting or investment advice; and does not constitute an offer to sell or a solicitation of an offer to buy any security or service. Furthermore, the Indexes shown above are not investable. While Toroso has gathered the information presented from sources that it believes to be reliable, Toroso cannot guarantee the accuracy or completeness of the information presented and the information presented should not be relied upon as such. Any opinions expressed are Toroso’s opinions and do not reflect the opinions of any affiliates or related persons. All opinions are current only as of the date of initial publication and are subject to change without notice. All investment strategies and investments involve risk of loss, including the possible loss of all amounts invested.