Week of December 21, 2020 KPI Summary
This week, the industry experienced 12 new ETF launches and 6 closures, altering the 2020 Open-to-Close ratio from 0.89 to 0.90 and total US ETFs is at 2,304. Though US ETF assets decreased 0.58% this week, the month of December thus far has been a significant uptick for the ETF Industry. ETF expense ratio 12 month revenue increased approximately 400 Million Dollars with revenue from the Active sector climbing from 7.93% to 8.64% of the pie. Additionally, the total US ETF assets grew from $5.25 to $5.4 Tn as of December 27th. Both indexes experienced minimal change this week, but the Toroso ETF Industry Index is still outperforming the S&P Financial Select Sector Index in YTD returns. TETFindex stands at 25.35 while S&P stands at negative -3.55% YTD.
ETF Launches
FT Cboe Vest Growth-100 Buffer ETF December (ticker: QDEC)
FT Cboe Vest International Equity Buffer ETF December (ticker: YDEC)
FT Cboe Vest US Equity Buffer ETF December (ticker: FDEC)
FT Cboe Vest US Equity Deep Buffer ETF December (ticker: DDEC)
Invesco Focused Discovery Growth ETF (ticker: IVDG)
Invesco Real Assets ESG ETF (ticker: IVRA)
Invesco Select Growth ETF (ticker: IVSG)
Invesco US Large Cap Core ESG ETF (ticker: IVLC)
Pacer Swan SOS Conservative (December) ETF (ticker: PSCX)
Pacer Swan SOS Flex (December) ETF (ticker: PSFD)
Pacer Swan SOS Moderate (December) ETF (ticker: PSMD)
Swan Hedged Equity US Large Cap ETF (ticker: HEGD)
ETF Closures
MicroSectors™ US Big Banks 2X Leveraged ETN (ticker: BNKO)
MicroSectors™ US Big Banks 2X Inverse Leveraged ETN (ticker: BNKZ)
MicroSectors™ US Big Banks Inverse ETN (ticker: KNAB)
MicroSectors™ US Big Oil 2X Leveraged ETN (ticker: NRGO)
MicroSectors™ US Big Oil 2X Inverse Leveraged ETN (ticker: NRGZ)
MicroSectors™ US Big Oil Inverse ETN (ticker: YGRN)
TETF.Index Performance vs. S&P Financial Select Sector Index
(as of December 25, 2020)
TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through December 25, 2020)
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.
