ETF Industry KPIs – 3/25/2024

• As a fun comparison for this week and next, let’s compare some of the teams remaining to the top ETF issuers by AUM and see if you can predict the rest of the bracket that way!Pre-tournament, the two major favorites were UConn and Houston with Purdue close behind. In the ETF industry:
• UConn = iShares – largest AUM with $2.73 Tn and ~31.2% market shares.
• Houston = Vanguard – 2nd largest AUM but gaining on iShares. The gap this time last year (3/25/23) was 4.4% market share and today it’s 2.1%.
• Purdue = State Street — 3rd in AUM and a popular outside favorite to win it all!
• The final 1-seed, North Carolina, will be our blue and white issuer, Invesco, who has 20 additional funds over the past 1-year.
• The remaining 4 issuers that each have over 1% market share are Charles Schwab, First Trust, JP Morgan, and Dimensional. These will be our 2 seeds represented by Arizona, Iowa State, Tennessee, and Marquette.
• Fidelity is #12 on the total AUM list, passing Global X in the past year. They will represent the rising small school Creighton and blue-blood program Duke.
• Lastly, the only “Cinderella team” remaining is 11-seed NC state, which means they probably fall in the #41-44 ranked teams pre-tournament.  As a result, they are the 43rd largest Issuer T. Rowe Price, since they are headquartered nearby in Maryland.
• If your team wasn’t mentioned, reach out and we will assign them an issuer equivalent! Who will make the Final 4 by next week?
• The tracked indexes experienced similar performance last week. The Toroso ETF Industry Index was up 2.30% while the S&P Financial Select Sector Index trailed at 1.86%

ETF Launches

Alerian MLP Index ETN (ticker: AMJB)
Avantis Emerging Markets Ex-China Equity ETF (ticker: AVXC)
Bancreek International Large Cap ETF (ticker: BCIL)
FT Vest Dow Jones Internet & Target Income ETF (ticker: FDND)
FT Vest U.S. Equity Buffer & Premium Income ETF – March (ticker: XIMR)
Global X Bitcoin Trend Strategy ETF (ticker: BTRN)
GraniteShares 2x Long AMD Daily ETF (ticker: AMDL)
GraniteShares 2x Long AMZN Daily ETF (ticker: AMZZ)
GraniteShares 2x Long MSFT Daily ETF (ticker: MSFL)
Hartford Multifactor International Small Company ETF (ticker: ROIS)
iShares Energy Storage & Materials ETF (ticker: IBAT)
Neuberger Berman Small-Mid Cap ETF (ticker: NBSM)
Opportunistic Trader ETF (ticker: WZRD)
Pacer Developed Markets Cash Cows Growth Leaders ETF (ticker: EAFG)
ProShares Nasdaq-100 High Income ETF (ticker: IQQQ)

ETF Closures

VanEck Egypt ETF (ticker: EGPT)

Fund/Ticker Changes

None

TETF.Index Performance vs. S&P Financial Select Sector Index (as of March 22, 2024)

TETF.Index Performance vs. Other Leading Financial Indices (March 31, 2017 through March 22, 2024)