Week of November 29, 2021 KPI Summary
This week, the industry experienced 7 new ETF launches and 1 closure, shifting the 2021 1-year Open-to-Close ratio to 4.07 and total US ETFs to 2,752.
There have been 468 ETFs launched in the last 12-months (that remain open) adding an additional $26.5 Billion to the total ETF universe AUM (0.39% of 6.87 Trillion dollars).
The 254 Equity ETFs have accounted for approximately $15.2 Billion of the total $26.5 Billion. Meanwhile, the Fixed Income category totals $4.46 Billion within 68 ETFs.
The open-to-close ratio continues to break all-time highs nearly every month and is a metric we will keep monitoring and highlighting. This is the third consecutive week above 4.00.
Although the past week was a down week for both indexes, the Toroso ETF Industry Index is up 36.53% while the S&P Financial Select Sector Index leads at 37.67% on a 1-year outlook.
Genuine Investors ETF (ticker: GCIG)
Alpha Intelligent - Large Cap Value ETF (ticker: AILV)
Alpha Intelligent - Large Cap Growth ETF (ticker: AILG)
VanEck Future of Food ETF (ticker: YUMY)
Harbor Disruptive Innovation ETF (ticker: INNO)
Defiance Digital Revolution ETF (ticker: NFTZ)
PGIM Total Return Bond ETF (ticker: PTRB)
Principal International Multi-Factor Core Index ETF (ticker: PDEV)
TETF.Index Performance vs. S&P Financial Select Sector Index
(as of December 3, 2021)
TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through December 3, 2021)
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.
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.