Week of January 25, 2021 KPI Summary
This week, the industry experienced 4 new ETF launches and 2 closures, keeping the 2021 YTD Open-to-Close ratio at 0.97 and bringing the total US ETFs to 2,327. Though US ETF assets decreased 2.61% this week, the month of January thus far has been a marginal uptick for the ETF Industry. ETF expense ratio 12-month revenue increased approximately 30 Million Dollars (0.3%) with revenue from the Active sector climbing from 8.49% to 9.54% of the revenue pie. Additionally, the total US ETF assets grew from $5.46 to $5.52 Tn YTD as of January 31. Both indexes experienced minimal change this month, but the Toroso ETF Industry Index is still outperforming the S&P Financial Select Sector Index in YTD returns. TETFindex stands at -0.53% while S&P stands at negative -1.67% YTD.
Amplify BlackSwan ISWN ETF (ticker: ISWN)
Morgan Creek Exos SPAC Originated ETF (ticker: SPXZ)
WisdomTree Cybersecurity ETF (ticker: WCBR)
TrueShares Low Volatility Equity Income ETF (ticker: DIVZ)
Principal Active Global Dividend Income ETF (ticker: GDVD)
Sage ESG Intermediate Credit ETF (ticker: GUDB)
TETF.Index Performance vs. S&P Financial Select Sector Index
(as of January 29, 2021)
TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through January 29, 2021)
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.
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.