Blog | Featured Post

ETF Industry KPIs

Posted by Michael Venuto on Oct 12, 2020 1:19:33 PM
Michael Venuto
Find me on:

Week of October 5, 2020 KPI Summary

After a steady decline for over a month, the Open-to-Close ratio dropped below 0.90 this week, now standing at 0.88. This week’s launches and closures are significantly less than last weeks; the market experienced 4 new ETF launches and lost 3 ETFs due to closures this week. Unlike the Open-to-Close ratio, assets and revenue increased this week; US ETF assets went from $4.73 Tn to $4.9 Tn, and ETF Expense Ratio revenue went from $8.65 Bn to $8.97 Bn. The Toroso ETF Industry Index continues to outperform the S&P Financial Select Sector Index, with YTD returns at 7.09%, vs the Select Sector’s 16.36% YTD loss.

 

KPI-Oct-12-2020-02-54-53-60-PM

 

TETF.Index Performance vs. S&P Financial Select Sector Index
(as of October 9, 2020)

table-Oct-12-2020-02-54-53-52-PM


TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through October 9, 2020)

chart-Oct-12-2020-02-54-53-45-PM


ETF Launches

ClearShares Piton International Developed Fixed Income ETF (ticker: PIFI)
SoFi Weekly Income ETF (ticker: TGIF)
iShares BB Rated Corporate Bond ETF (ticker: HYBB)
iShares ESG Advanced MSCI Emerging Markets ETF (ticker: EMXF)


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

Recent Posts

We provide 1:1 due diligence meetings with ETF portfolio managers and strategists.

Contact us