June 1, 2020 KPI Summary
The total number of ETFs is now 2,272, which is a change of -1.94% YTD. The open-to-close ratio is now below 0.90. US assets are at $4.43 Tn, and up 4.81% last week. The assets are up 0.37% YTD, which is the first increase since February. Revenue has surpassed the $8 Bn mark. Number of issuers by brand decreased by one. The one-month Toroso ETF Industry Index return jumped from 3.86 to 15.84. The YTD Toroso ETF Industry Index return crossed into positive territory at 2.07, while the S&P Financial Select Sector Index return stayed significantly negative, at -13.98.
TETF.Index Performance vs. S&P Financial Select Sector Index
(as of June 5, 2020)
TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through June 5, 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.