ETF Industry KPI – 4/3/2023

This week, the industry experienced 9 ETF launches and 1 closure, shifting the 1-year Open-to-Close ratio to 2.34 and total US ETFs to 3,139.

• After a mediocre February, let’s see how March panned out for the ETF industry (data comparing 3/5/23 to 4/2/23).
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• While January was a massive jump and February was a small step back in assets, March was somewhere in the middle to end the first quarter of 2023. Similar to the trend in 2023, we are flipping back and forth with positive and negative changes in total assets month to month (Jan +, Feb -, March +). The lack of additional issuers for two months has resulted in a small steady increase in fund creation and a hovering open–to-close ratio of 2.3 to 2.6.
• The tracked indexes had surprising experiences in March compared to results displayed above. The Toroso ETF Industry Index was down -4.16% while the S&P Financial Select Sector Index trailed at -9.55%.
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  ETF Launches
  
  Simplify Commodities Strategy No K-1 ETF (ticker: HARD)
  US Treasury 20 Year Bond ETF (ticker: UTWY)
  US Treasury 3 Year Note ETF (ticker: UTRE)
  US Treasury 30 Year Bond ETF (ticker: UTHY)
  US Treasury 5 Year Note ETF (ticker: UFIV)
  US Treasury 7 Year Note ETF (ticker: USVN)
  iShares Breakthrough Environmental Solutions ETF (ticker: ETEC)
  SGI Dynamic Tactical ETF (ticker: DYTA)
  SGI U.S. Large Cap Core ETF (ticker: SGLC)