July 20, 2020 KPI Summary
Aside from 7 new ETF launches and 4 closures, this week was a quiet one in the ETF market. US ETF assets are at $4.55 Tn. 12-month ETF revenue is at $8.33 Bn. Total ETF listings are down about 1% but assets are up 3% in 2020. The average ETF ownership of US equities remains steady at 7%. The percentage of revenue from active ETFs is now over 7%. The YTD returns for the Toroso ETF Industry Index is up 1.4% compared to the Financial Sector at -20.1%.
TETF.Index Performance vs. S&P Financial Select Sector Index
(as of July 24, 2020)
TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through July 24, 2020)
ETRACS Alerian Midstream Energy High Dividend ETN (ticker: AMND)
Inspire Tactical Balanced ESG ETF (ticker: RISN)
FT Cboe Vest US Equity Buffer ETF July (ticker: FJUL)
FT Cboe Vest US Equity Deep Buffer ETF July (ticker: DJUL)
First Trust Multi-Manager Large Growth ETF (ticker: MMLG)
Global Beta Low Beta ETF (ticker: GBLO)
Global Beta Momentum-Growth ETF (ticker: GBGR)
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.