Week of September 21, 2020 KPI Summary
This week, 7 ETFs opened and none closed. However, the Open-to-Close ratio actually dropped from 0.96 to 0.93. US ETF Assets and ETF Expense Ratio 12-month Revenue also dropped – assets went from $4.75 Tn to $4.65 Tn, and revenue from $8.71 Bn to $8.48 Bn. Active ETFs now represent 7.47% of ETF expense ratio revenue.
TETF.Index Performance vs. S&P Financial Select Sector Index
(as of September 25, 2020)
TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through September 25, 2020)
ETF Launches
FT Cboe Vest US Equity Buffer ETF September (ticker: FSEP)
FT Cboe Vest US Equity Deep Buffer ETF September (ticker: DSEP)
Global X Nasdaq 100® Covered Call & Growth ETF (ticker: QYLG)
Global X S&P 500® Covered Call & Growth ETF (ticker: XYLG)
Global X China Biotech Innovation ETF (ticker: CHB)
Vanguard ESG US Corporate Bond ETF (ticker: VCEB)
SPDR® Bloomberg Barclays 3-12 Month TBill ETF (ticker: BILS)
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.