ETF Industry KPIs – 9/07/2020

Week of August 31, 2020 KPI Summary

This week, US ETF assets fell for the first time since June 29^th, 2020. Change 1 week is -1.66, and total US ETF assets are $4.77 Tn, down from $4.85 Tn last week. ETF expense ratio 12-month revenue also fell; last week at $8.92 Bn, this week at $8.75 Bn. Apart from these declines, the open-to-close ratio climbed back up to 0.98, after it fell to 0.95 last week. The market had 4 launches this week with only 1 closure. Returns for all time periods, most notably 3-month, fell for both the Toroso ETF Industry Index and the S&P Financial Select Sector Index. Despite this, the Toroso ETF Industry Index is still outperforming the S&P Financial Select Sector Index.

TETF.Index Performance vs. S&P Financial Select Sector Index
(as of September 4, 2020)

TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through September 4, 2020)

ETF Launches

TrueShares Structured Outcome ETF September (ticker: SEPZ)
AdvisorShares Pure US Cannabis ETF (ticker: MSOS)
iShares® Commodity Curve Carry Strategy ETF (ticker: CCRV)
iShares® MSCI Kuwait ETF (ticker: KWT)

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 above 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.

DISCLAIMER

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.