ETF Industry KPI – 3/6/2023

Traditional ETFs dominated revenue with Active ETFs being just a sliver of the market. Just a year ago (3/6/2022), the chart looked very different:

Not only did Non-Traditional nearly overtake Traditional Index ETFs, but Active doubled its predicted revenue percentage of the industry and more than tripled the actual revenue total.

Today, Non-Traditional has finally overtaken Traditional over the last few weeks and Active continues to grow as well:

Active management continues to grow its influence and revenues in the ETF industry as investor’s preferences potentially shift from little to no cost cookie-cutter ETFs to actively managed, higher-expense funds.

The highlighted indexes experienced similar performance last week. The Toroso ETF Industry Index was up 0.66% while the S&P Financial Select Sector Index led at 0.88%.

ETF Launches

Invesco BulletShares 2032 Municipal Bond ETF (ticker: BSMW)
AllianzIM U.S. Large Cap Buffer10 Mar ETF (ticker: MART)
AllianzIM U.S. Large Cap Buffer20 Mar ETF (ticker: MARW)
Inverse Cramer ETF (ticker: SJIM)
Long Cramer ETF (ticker: LJIM)
First Trust Bloomberg Emerging Market Democracies ETF (ticker: EMDM)

ETF Closures

DB Agriculture Long ETN (ticker: AGF)
Direxion Daily CSI 300 China A Share Bear 1X ETF (ticker: CHAD)
Impact Shares Sustainable Development Goals Global Equity ETF (ticker: SDGA)
Principal Ultra-Short Active Income ETF (ticker: USI)
Direxion Daily US Infrastructure Bull 2X ETF (ticker: DOZR)
Direxion Nanotechnology ETF (ticker: TYNE)
Defiance Digital Revolution ETF (ticker: NFTZ)
Direxion Daily FinTech Bull 2X ETF (ticker: FNTC)
Newday Sustainable Development Equity ETF (ticker: SDGS)

Fund/Ticker Changes

International Drawdown Managed Equity ETF (ticker: IDME)
became Aptus International Enhanced Yield ETF (ticker: IDUB)

iShares MSCI Global Multifactor ETF (ticker: ACWF)
became iShares Global Equity Factor ETF (ticker: GLOF)

TETF.Index Performance vs. S&P Financial Select Sector Index (as of March 3, 2023)

TETF.Index Performance vs. Other Leading Financial Indices (March 31, 2017 through March 3, 2023)

Source: Morningstar Direct