Week of October 24, 2022 KPI Summary

This week, the industry experienced 13 ETF launches and 0 closures, shifting the 1-year Open-to-Close ratio to 3.44 and total US ETFs to 3,059.

October was a great month for the ETF industry.

> It was the #1 increase in assets (+6.99%) with July in a close second place (+6.25%). Note the data below will compare 10/2/22 KPIs to 10/30/22. Total assets increased 6.99%, there was an increase of 26 ETFs to total US ETF count (3,059), and +10 additional issuers by brand.

> > This 6.99% change in assets followed September’s -6.68%, the largest difference month-to-month in 2022 thus far.

From our 11 asset class categories, Managed Futures increased the most by far (18.09%) with Equity next (8.67%). Volatility had the worst performance (-21.95%) with Preferred Stock as second worst (-6.19%). The two largest asset classes of Equity (76.50% of assets) and Fixed Income (18.87%) surged 8.67% and 2.01% respectively.

> Note, this is 8 consecutive months with Managed Futures as a top 2 category!

> ETF expense ratio 12-month revenue increased from $10.06 Billion to $10.65 Billion.

The main story of this month is twofold: An increase of 10 issuers and the best month in assets in 2022 thus far.

> The +26 in ETFs falls around the average for a month, but the +10 issuers is an outlier jump that should be noted. Going into October with only a total increase of +2 issuers since February, +10 is the best month of 2022 by far.

> Surprisingly, through 10 months of 2022, 5 months have had positive change in assets and 5 have been negative. However, with the -11.78% YTD change, one could conclude that the bad months have been worse than the good months have been good. With that said, October helped make up for the previous two month's -10.34% total change.

The tracked indexes had similar experiences in October. The Toroso ETF Industry Index was up 9.56% while the S&P Financial Select Sector Index led at 10.23%.