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ETF Industry KPI

Posted by Michael Venuto on May 9, 2022 3:16:30 PM
Michael Venuto
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Week of May 2, 2022 KPI Summary
  • This week, the industry experienced 8 ETF launches and 2 closures, shifting the 1-year Open-to-Close ratio to 5.59 and total US ETFs to 2,928.

  • The month of May has arrived, and for millions of high school and college students across the United States, that means they are finally graduating. Most of those students took 4 years to graduate, so we are going to check-in on the top ETFs that were launched in 2018.

    • 216 ETFs are still open that were launched in 2018, totaling $102 Billion, which is 1.57% of the ETF industry total AUM.  

      • Equity ETFs make up 53% of the funds and 65% of the AUM. Additionally, Fixed Income is 21% of the funds and 19% of the AUM.

    • The largest fund by AUM of 2018 is Communication Services Select Sector SPDR Fund (XLC) at approximately $9.9 Billion. The next 4 in order are BBEU, BBJP, BBCA, and ESGV.

      • Worth noting that in the top 10: JP Morgan has 5 funds, State Street with 2, Vanguard with 2, and PGIM with 1. On the other hand, Barclays has 5 funds in the top 10 performing ETFs in the past 3-years.

    • For Active ETFs, the top performer over 3-years is Breakwave Dry Bulk Shipping ETF, BDRY, with 26.7% increase. 

    • Lastly, who had the best final semester of their senior year? The top performer YTD has been FNGD at 79.4% with JJE close behind at 78.5%. The next 3 in order are JJN, SDCI, and VXX (ranging 46.1%-33.8%).  

  • Congratulations on all the 216 ETFs graduating this year, especially the ones graduating with honors mentioned above.

  • The tracked indexes had similar experiences in the last few years. Over a 3-year period, The Toroso ETF Industry Index is up 13.08% while the S&P Financial Select Sector Index trailed at 9.99%.


KPI-May-09-2022-01-41-01-94-PM

ETF Launches

6.00% Notes due 2027 (ticker: SAT)
KraneShares Global Carbon Offset Strategy ETF (ticker: KSET)
AXS 2X Innovation ETF (ticker: TARK)
AXS Short China Internet ETF (ticker: SWEB)
JPMorgan Nasdaq Equity Premium Income ETF (ticker: JEPQ)
Merk Stagflation ETF (ticker: STGF)
Pacer BlueStar Engineering the Future ETF (ticker: BULD)
Akros Monthly Payout ETF (ticker: MPAY)


ETF Closures

Defiance Next Gen Big Data ETF (ticker: BIGY)
Cannabis Growth ETF (ticker: BUDX)

Fund/Ticker Changes

None

 

TETF.Index Performance vs. S&P Financial Select Sector Index
(as of May 6, 2022)

table-May-09-2022-01-41-01-63-PM


TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 May 6, 2022)

chart-May-09-2022-01-41-01-80-PM

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. 


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.

Topics: ETF Industry KPI’s

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