Week of September 28, 2020 KPI Summary
In stark contrast to last week’s 0 ETF closures, this week 16 ETFs closed. Although 10 new ETFs launched this week, the Open-to-Close ratio still fell, now standing at 0.91. After the drop last week, US ETF assets increased again this week, from $4.65 Tn to $4.73 Tn. ETF Expense Ratio revenue also increased again after last week’s decrease; from $8.48 Bn last week to $8.65 Bn this week.
TETF.Index Performance vs. S&P Financial Select Sector Index
(as of October 2, 2020)
TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through October 2, 2020)
BlackRock Future Health ETF (ticker: BMED)
BlackRock Future Innovators ETF (ticker: BFTR)
BlackRock Future Tech ETF (ticker: BTEK)
iShares Virtual Work and Life Multisector ETF (ticker: IWFH)
LHA Market State Tactical Beta ETF (ticker: MSTB)
Defiance Next Generation SPAC Derived ETF (ticker: SPAK)
Innovator Double Stacker 9 Buffer ETF October (ticker: DBOC)
Innovator Double Stacker ETF October (ticker: DSOC)
Innovator Triple Stacker ETF October (ticker: TSOC)
TrueShares Structured Outcome ETF October (ticker: OCTZ)
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.