Week of December 5, 2022 KPI Summary

This week, the industry experienced 9 ETF launches and 2 closures, shifting the 1-year Open-to-Close ratio to 2.97 and total US ETFs to 3,081.

This time of year, while everything is merry and bright, everyone seems to come down with a cold. The chill in the air sets in and noses start to run like clockwork. Wisely placed on the calendar, December 12th is “National Universal Health Coverage Day”, and we are going to do a 'check-up' on the Healthcare ETFs.

Our ETF Security Master categorizes 47 ETFs as Healthcare, and they combine for $105 Billion in assets.

> The largest Healthcare ETF by far is XLV (Health Care Select Sector SPDR ETF) at $42.7 Billion, with VHT (Vanguard Health Care ETF) next in line at $17.5 Billion.

> The 47 ETFs have averaged performance of -16.2% YTD and -0.2% over the last 3 months.

> > The top performing Healthcare ETF YTD is FTXH, First Trust Nasdaq Pharmaceuticals ETF, at 3.0%.

> The average expense ratio for Healthcare ETFs is 0.54 compared to the industry average of 0.42.

> 19 different issuers have a Healthcare related ETF.

The tracked indexes had similar experiences in the past week. The Toroso ETF Industry Index was down -3.07% while the S&P Financial Select Sector Index trailed at -3.86%.