ETF Deathwatch for June 2015: List Grows to 323

The ETF Deathwatch membership roll grew eight names larger for June.  Seventeen products were added and nine came off.  Escapees included seven products with improved health and two that closed up shop.  The count now stands at 323, consisting of 225 ETFs and 98 ETNs.  Actively managed ETFs continue... 

ETF Stats for May 2015 – Spot Failures and Extreme Makeovers

Sixteen new products were introduced in May and five were closed. Both the launch and closure counts should have been higher by ten, but Invesco PowerShares decided to perform an extreme-makeover on ten of its ETFs.  Additionally, new entrant AccuShares fails to learn from history and launches ETFs... 

ETF Deathwatch for May 2015: Back Above 300

The ETF Deathwatch membership rolls jumped higher for May.  Twenty names were added to the list, while only four came off.  The net increase of 16 pushed the total count from 299 to 315, consisting of 221 ETFs and 94 ETNs.  The industry hit a major milestone earlier this month when the number of ETF... 

500 ETF Closures

As of today (May 19, 2015), 500 ETFs and ETNs have closed, delisted, and are no longer with us.  500 deaths is a major milestone for the ETF industry.  Although it may not be a welcome and celebrated milestone, it is healthy and necessary for the industry to move forward. To put this number in perspective,... 

ETF Stats for April 2015 – Product Count Tops 1700

The number of listed exchange traded funds (“ETFs”) and exchange traded notes (“ETNs”) surpassed the 1,700 for the first time.  Seventeen new ETFs were introduced during April, while only one was closed.  At the end of the month, the product count stood at 1,703, consisting of 1,496 ETFs and... 

ETF Deathwatch for April 2015: Seventeen New Names

ETF Deathwatch membership increased by six but is still just shy of the 300 mark.  Seventeen new names joined the list while eleven escaped.  Six of the departing products did so by improving their health through increased assets, increased trading activity, or both.  Five others are now “dearly... 

ETF Stats for March 2015 – Trading Activity Picks Up

Twenty-three ETFs and two ETNs came to market in March.  Meanwhile, five ETFs shuttered operations and are no longer with us.  The net increase of twenty puts the month-end count of listed products at 1,687, consisting of 1,480 ETFs and 207 ETNs.  Actively managed funds added one to their roster,... 

Rule of 240

Most investors are familiar with the Rule of 72, a formula for approximating the time it takes an investment to double at a given compounded annual return.  The Rule states that dividing 72 by the annual return equals the number of years to double.  Conversely, the Rule of 72 can also determine the... 

Anchored Momentum

When I started developing a mutual fund selection and trading system in the mid-1980s, I wanted to own the funds that were going up and avoid the ones going down.  Therefore, I quickly gravitated toward price momentum as an indicator and selection tool.  One of the first things I noticed was that typical... 

ETF Deathwatch for March 2015: Membership Falls Below 300

The ETF Deathwatch membership roll dropped by fourteen and established a new 3-year low of 293, consisting of 199 ETFs and 94 ETNs.  Only seven names joined the list in March while twenty-one escaped.  In a sign of improving industry conditions, sixteen of the names coming off the list this month were... 

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