ETF Industry KPIs – 10/2/2023

• September was a very interesting month in the ETF industry. Total assets plunged $300 Billion, yet total ETFs took a massive jump with 70 launches and 8 closures. This +62 is by far the most in one month (really just 4 weeks) this year with +34 (August) being the next highest. The closest month in the last 2 years was December 2021 with +57 ETFs. On the other hand, assets declining 3.9% make September the worst month of 2023 and the worst since September of 2022 (-6.7%).
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• The tracked indexes had very similar experiences in September. The Toroso ETF Industry Index was down -4.44% while the S&P Financial Select Sector Index led at -3.14%.

ETF Launches

Avantis U.S. Large Cap Equity ETF (ticker: AVLC)
BlackRock Advantage Large Cap Income ETF (ticker: BALI)
Brookstone Active ETF (ticker: BAMA)
Brookstone Intermediate Bond ETF (ticker: BAMB)
Brookstone Dividend Stock ETF (ticker: BAMD)
Brookstone Growth Stock ETF (ticker: BAMG)
Brookstone Opportunities ETF (ticker: BAMO)
Brookstone Ultra-Short Bond ETF (ticker: BAMU)
Brookstone Value Stock ETF (ticker: BAMV)
Brookstone Yield ETF (ticker: BAMY)
Capital Group Core Balanced ETF (ticker: CGBL)
Capital Group Core Bond ETF (ticker: CGCB)
Capital Group Dividend Growers ETF (ticker: CGDG)
Capital Group International Equity ETF (ticker: CGIE)
Capital Group Short Duration Municipal Income ETF (ticker: CGSM)
Dimensional World Equity ETF (ticker: DFAW)
Dimensional Ultrashort Fixed Income ETF (ticker: DUSB)
GGM Macro Alignment ETF (ticker: GGM)
JPMorgan Hedged Equity Laddered Overlay ETF (ticker: HELO)
YieldMax PYPL Option Income Strategy ETF (ticker: PYPY)
iShares Transition-Enabling Metals ETF (ticker: TMET)

ETF Closures

JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (ticker: JUSA)

Fund/Ticker Changes

None

TETF.Index Performance vs. S&P Financial Select Sector Index (as of September 29, 2023)

TETF.Index Performance vs. Other Leading Financial Indices (March 31, 2017 through September 29, 2023)