Week of February 8, 2021 KPI Summary
This week, the industry experienced 9 new ETF launches and 1 closure, updating the 2021 YTD Open-to-Close ratio to 1.00 and the total US ETFs to 2,342. Though US ETF assets increased 2.01% this week, it has jumped approximately 19% in the past 6 months. Even though Equity ETFs are up over $100 Bn in that time period (22%), the most growth has been seen in Options ETFs which have grown 54% in 6 months, as well. Additionally, in the 6-month period, revenue from Active ETFs has elevated from 7.05% to 10.18%. 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 is up 7.11% while S&P follows at 6.98% YTD.
ETF Launches
ETRACS 2x Leveraged US Dividend Factor TR ETN (ticker: SCDL)
ETRACS 2x Leveraged US Growth Factor TR ETN (ticker: IWFL)
ETRACS 2x Leveraged US Size Factor TR ETN (ticker: IWML)
ETRACS 2x Leveraged US Value Factor TR ETN (ticker: IWDL)
ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN (ticker: USML)
ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN (ticker: MTUL)
ETRACS 2x Leveraged MSCI US Quality Factor TR ETN (ticker: QULL)
Roundhill Streaming Services & Technology ETF (ticker: SUBZ)
Virtus Newfleet ABS/MBS ETF (ticker: VABS)
ETF Closures
IQ Enhanced Core Plus Bond US ETF (ticker: AGGP)
TETF.Index Performance vs. S&P Financial Select Sector Index
(as of February 12, 2021)
TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through February 12, 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.
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.
