Week of April 5, 2021 KPI Summary
This week, the industry experienced 0 new ETF launches and 6 closures, shifting the 2021 YTD Open-to-Close ratio to 1.36 and total US ETFs to 2,474. It has been another positive week for US ETF total assets up approximately 1.74%. Total ETFs are up +157 YTD, with 96 of those being Equity ETFs. There has not been a striking surge in a specific category in the past few weeks, but a continued growth in assets, expected revenue, total ETFs, and other categories. However, one notable update has been the number of brands up to 186, a +16 YTD and +7 in 1-month. More issuers are coming into the ETF universe and edging closer to the 200-brand milestone. Both indexes experienced minimal change this week, Toroso ETF Industry Index was up 2.21% while the S&P Financial Select Sector Index trailed at 1.99%.
VictoryShares Emerging Market Vol Wtd ETF (ticker: CEZ)
UBS ETRACS Alerian MLP Infras ETN (ticker: MLPI)
UBS ETRACS Alerian Natural Gas MLP ETN (ticker: MLPG)
UBS ETRACS Alerian MLP ETN (ticker: AMU)
BMO Elkhorn DWA MLP Select™ ETN (ticker: BMLP)
Barclays ETN+ S&P VEQTOR™ (ticker: VQT)
TETF.Index Performance vs. S&P Financial Select Sector Index
(as of April 9, 2021)
TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through April 9, 2021)
Source: Morningstar Direct
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.