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ETF Think Tank

ETF Industry KPIs – 7/24/2023

This week, the industry experienced 4 ETF launches and 6 closures, shifting the 1-year Open-to-Close ratio to 1.99 and total US ETFs to 3,198.

ETF Think Tank
By ETF Think Tank · July 24, 2023
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ETF Industry KPIs – 7/24/2023
  • This week, the industry experienced 4 ETF launches and 6 closures, shifting the 1-year Open-to-Close ratio to 1.99 and total US ETFs to 3,198.
  • With minimal changes, let’s look at some standout KPIs this week.
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  • The tracked indexes experienced a similar performance last week. The Toroso ETF Industry Index was up 3.23% while the S&P Financial Select Sector Index trailed at 2.95%.

ETF Launches

Avantis International Small Cap Equity ETF (ticker: AVDS)
Panagram AAA CLO ETF (ticker: CLOX)
Innovator Equity Defined Protection ETF (ticker: TJUL)
Touchstone Securitized Income ETF (ticker: TSEC)

ETF Closures

Emerge EMPWR Sustainable Dividend Equity ETF (ticker: EMCA)
Emerge EMPWR Sustainable Emering Markets Equity ETF (ticker: EMCH)
Emerge EMPWR Sustainable Select Growth Equity ETF (ticker: EMGC)
Emerge EMPWR Unified Sustainable Equity ETF (ticker: EMPW)
Emerge EMPWR Sustainable Global Core Equity ETF (ticker: EMZA)
ETFMG Prime 2x Daily Junior Silver Miners ETF (ticker: SILX)

Fund/Ticker Changes

First Trust US Equity Dividend Select ETF (ticker: RNDV)
became First Trust S&P 500 Diversified Dividend Aristocrats ETF (ticker: KNGZ)

JPMorgan High Yield Municipal Fund (ticker: JTIAX)
became JPMorgan High Yield Municipal ETF (ticker: JMHI)

JPMorgan Sustainable Municipal Income Fund (ticker: OTBAX)
became JPMorgan Sustainable Municipal Income ETF (ticker: JMSI)


TETF.Index Performance vs. S&P Financial Select Sector Index (as of July 21, 2023)

TETF.Index Performance vs. Other Leading Financial Indices (March 31, 2017 through July 21, 2023)

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Global ETF Survey 2026

The ETF Industry Is Evolving Fast

From AI infrastructure to active strategies, the ETF landscape is shifting. Share your perspective in the 7th Annual Global ETF Survey and get exclusive early access to the final report.

Global ETF Survey 2026