Week of October 10, 2022 KPI Summary

This week, the industry experienced 9 ETF launches and 1 closure, shifting the 1-year Open-to-Close ratio to 3.25 and total US ETFs to 3,042.

With minimal changes this week, let’s do a final issuer check-in before the end of 2022.

> There have been +20 additional issuers YTD for a current total of 266. Even though new issuers and funds continue to enter the ETF marketplace, the top 20 issuers control the industry’s assets.

>> As of today, the top 20 issuers manage 97.1% of total ETF assets, which is actually a slight decrease since 12/31/21 which was 97.5%.

>> Of course, it helps when the top 20 issuers make-up 60.8% of total ETFs (1,849 of 3,042) as well.

> Of the top 20 issuers, the top performer in assets YTD has been Pacer (+54.6%) with American Century close behind (+41.3%). On net increase, Dimensional is leading with +$13.7 Bn, shifting from 11th to 8th largest issuer by assets today.

> Of the top 20 issuers, the worst performer in assets YTD has been Direxion (-34.3%) with Xtrackers next in line (-28.6%). On net decrease, iShares has lost $471.9 Bn YTD and Vanguard in second worst with a $359.8 Bn loss.

The tracked indexes had different experiences in the past week. The Toroso ETF Industry Index was down -2.09% while the S&P Financial Select Sector Index led at 0.23%.