Open Now: The Global ETF Survey Take the Survey →
ETF Industry KPIs – 12/11/2023
This week, the industry experienced 14 ETF launches and 1 closure, shifting the 1-year Open-to-Close ratio to 2.07 and total US ETFs to 3,366.
- It’s that time of year again. While everything should be merry and bright, everyone is either coming off a cold or heading into one. Accurately placed on the calendar, tomorrow, December 12 is “National Universal Health Coverage Day” and it’s time for the annual check-up on our Healthcare ETFs.The 46 ETFs our ETF Security Master categorizes as healthcare combines for $90.3 Billion.Down from $105 Billion one year ago, or -14.3%.The largest Healthcare ETF by far is XLV (Health Care Select Sector SPDR ETF) at $37.3 Billion, with VHT (Vanguard Health Care ETF) next in line at $16.1 Billion.XLV and VHT combined for $60.2 Billion one year ago; they are -11.3% down in total AUM.The top ETF in total revenue YTD is MEDI, Harbor Health Care ETF, with 18.1% growth.In fact, only 7 of the 46 Healthcare related ETFs have positive asset performance in 2023 YTD. The largest of these is PPH, VanEck Pharmaceutical ETF, with $415 Million AUM and 2.7% increase YTD.Although the category has taken a dive in the last year in assets, the average expense ratio has risen from approximately 54 bps to 56.6.20 different issuers have a Healthcare related ETF.iShares has the most with 7.The newest ETF to the category is Subversive Mental Health ETF (SANE) which launched in December 2022.
- Healthcare ETFs have certainly been bleeding in the last 12 months. However, in a 1-month view, fund assets are up 5.4% on average, unsurprising with our record-breaking month of November. This small sector of our ETF industry makes up 1.2% of the total assets, but every bit as vital as the remaining 98.8%.
Like what you're reading?
Stay in the loop — get the latest ETF insights: trends, analysis, and expert picks.
- The tracked indexes experienced similar performance last week. The Toroso ETF Industry Index was up 0.45% while the S&P Financial Select Sector Index trailed at -0.07%
ETF Launches
Themes Airlines ETF (ticker: AIRL)
Themes Cybersecurity ETF (ticker: SPAM)
Themes Generative Artificial Intelligence ETF (ticker: WISE)
CastleArk Large Growth ETF (ticker: CARK)
Invesco S&P 500 Hi Dividend Growers ETF (ticker: DIVG)
Invesco Nasdaq Free CA Flow Achievers ETF (ticker: QOWZ)
Hartford US Quality Growth ETF (ticker: HQGO)
Hartford US Value ETF (ticker: VMAX)
Harbor Long-Short Equity ETF (ticker: LSEQ)
National Security Emerging Markets Index ETF (ticker: NSI)
Return Stacked Global Stocks & Bonds ETF (ticker: RSSB)
ALPS | Smith Core Plus Bond ETF (ticker: SMTH)
Vert Global Sustainable Real Estate ETF (ticker: VGSR)
Vanguard Core-Plus Bond ETF (ticker: VPLS)
ETF Closures
iShares® iBonds® December 2023 Term Muni Bond ETF (ticker: IBML)
Fund/Ticker Changes
None
TETF.Index Performance vs. S&P Financial Select Sector Index
(as of December 8, 2023)
TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through December 8, 2023)
Segments
See all
No specific market segments were tagged
Mentioned ETFs
No specific ETFs were tagged
Further reading
Latest publications
See allETF Industry KPIs – 12/16/2024
ETF Industry KPIs – 12/2/2024
ETF Industry KPIs – 11/18/2024
ETF Industry KPIs – 11/4/2024
ETF Industry KPIs – 10/28/2024
ETF Industry KPIs – 10/21/2024
ETF Industry KPIs – 10/7/2024
ETF Industry KPIs – 9/30/2024
ETF Industry KPIs – 9/16/2024
ETF Industry KPIs – 9/3/2024
Build and Analyze Your ETF Portfolio Like a Pro
Create your own ETF portfolio in minutes and instantly see allocations, exposures, performance, and risk. Visualize diversification across asset classes, regions, and sectors. Stress-test ideas, compare benchmarks, and refine your strategy with professional-grade analytics.
