Tracking the Walking Dead of the ETF World
Rhonda Schaffler of Reuters Insider TV interviewed me recently for a segment entitled Tracking the Walking Dead of the ETF World. The story aired on August 23, 2010. We discussed the exploding number of new ETFs and ETNs coming to market and how I identify the potentially troublesome products included...
ETF Deathwatch for August 2010
The number of exchange-traded products (ETPs) on ETF Deathwatch climbed again this month to 146 (110 ETFs and 36 ETNs). This is a 9.8% increase from last month and the largest quantity since fourteen months ago when the count stood at 150. There are currently 108 products that have been granted temporary...
ETF Deathwatch – July 2010
This month the number of exchange-traded products (ETPs) on ETF Deathwatch surged to its highest level in almost a year. The count now stands at 133 (98 ETFs and 35 ETNs), a massive +54% increase from June and the largest quantity since 142 in August 2009. Last month, I said the low count for June...
ETF Deathwatch for June 2010
The number of exchange-traded products (ETPs) on ETF Deathwatch fell again this month. The count now stands at just 86 (56 ETFs and 30 ETNs), the lowest level since the November 2008 ETF Deathwatch list. Does this mean the ETF industry is at full health? I’m not ready to jump to that conclusion...
ETF Deathwatch for May 2010
The number of exchange-traded products (ETPs) on ETF Deathwatch fell this month, and is again below 100. For May, the quantity is 99 (68 ETFs and 31 ETNs), down from the 108 in April. A dozen new funds launched last October, and now that they are at least six months old they have lost their Deathwatch...
ETF Deathwatch for April 2010
The number of exchange-traded products (ETPs) on ETF Deathwatch grew again this month. For April, the quantity is 108 (76 ETFs and 32 ETNs), up from 104 for March. Thirteen new funds launched last September, and now that they are at least six months old they have lost their Deathwatch immunity. Nine...
ETF Deathwatch for March 2010
The number of exchange-traded products (ETPs) on ETF Deathwatch crept back into triple-digits this month. For March, the quantity is 104 (71 ETFs and 33 ETNs), up from the 99 for February. Only four funds were launched last August. Since they surpassed six-months of age during February, they are...
ETF Deathwatch for February 2010
The number of exchange traded products on ETF Deathwatch dropped below 100 for the first time since November 2008. Whether this drop is permanent or temporary remains to be seen. I believe it to be a temporary event caused by a slowdown in new product introductions a year ago. Some 70 new funds...
ETF Deathwatch – January 2010
There are 118 ETFs and ETNs on Deathwatch as the new year begins. Last decade we witnessed phenomenal growth in exchange-traded products (ETPs). There were just 32 at the start of the 2000s and 925 at the end, for an annualized growth rate of 40%. The number would have been even higher if not for...
ETF Deathwatch – December 2009
The number of funds on ETF Deathwatch jumped 13% to 128 this month from 113 in November. The count consists of 88 ETFs and 40 ETNs that failed to generate at least $100,000 in average daily value traded (ADVT) for the past month. E-TRACS CMCI Short Platinum Excess Return (PTD) headed the list for the...
