ETF Industry KPIs – 1/22/2024

• While it took about a year to get from 3,000 to 3,200, it’s taken only 5 months to get the next 200. We reported the largest influx in September with 78 launches in 3 weeks alone.
• The most recent 100 ETFs have been across the last 15 weeks. Amazingly, there have been 82 closures in that time period, and the industry is still up +102 funds.While there is plenty of trimming of outdated and unsuccessful funds, it appears there is plenty of innovation and faith in new launches.
• In the last 15 weeks (since 10/9/23), total issuers have also increased from 297 to 310. From 3,200 to 3,300 ETFs, issuers only increased +6 for contrast.
• In previous iterations of these +100 ETF milestone updates, we have noted that it took exactly 147 days from 2,900 to 3,000 total ETFs AND 3,000 to 3,100 ETFs – a strange coincidence.  Well, that trend has not continued with the last 3 time periods being 217 days, 42 days, and 105 days respectively (121.3 day average).As luck would have it though, the last 200 ETFs are 42 days + 105 days = 147 days!
• The tracked indexes experienced similar performance last week. The Toroso ETF Industry Index was down 0.33% while the S&P Financial Select Sector Index led at 0.96%.

ETF Launches

Calamos CEF Income & Arbitrage ETF (ticker: CCEF)
CCM Global Equity ETF (ticker: CCMG)
iShares Paris-Aligned Climate MSCI World Ex USA ETF (ticker: PABD)
The Brinsmere Fund – Conservative ETF (ticker: TBFC)
The Brinsmere Fund – Growth ETF (ticker: TBFG)
Federated Hermes Total Return Bond ETF (ticker: FTRB)
MAX S&P 500 4X Leveraged ETN (ticker: XXXX)
Roundhill Bitcoin Covered CaII Strategy ETF (ticker: YBTC)
YieldMax Universe Fund Of Option Income ETF (ticker: YMAX)

ETF Closures

None

Fund/Ticker Changes

None

TETF.Index Performance vs. S&P Financial Select Sector Index
(as of January 19, 2024)

TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through January 19, 2024)