ETF Deathwatch for March 2011: 10 Funds Escape
Ten ETPs escaped from ETF Deathwatch this month, and no new names joined the list. As a result, the total quantity of products on Deathwatch dropped to 142, consisting of 105 ETFs and 37 ETNs. The average fund on the list has $8.9 million in assets and has been on the market for 27.5 months. All...
ETF Deathwatch for February 2011: 14 New Names
Fourteen new names are being added to ETF Deathwatch for February and five removed. The total list increases by nine to 152, consisting of 114 ETFs and 38 ETNs. This is only the third time in the past 20 months the total quantity has exceeded 150. The average fund on the list has just $6.8 million...
ETF Deathwatch for January 2011
The quantity of exchange-traded products (ETPs) on ETF Deathwatch increased to 143 (106 ETFs and 37 ETNs) as we enter 2011. This is the first list based on the new ETF Deathwatch criteria, which is intended to help stabilize the constituents from month to month. Even though we now exclude products...
ETF Deathwatch Criteria for 2011
I’ve been publishing ETF Deathwatch every month for the past 29 months. When I started, I wanted the criteria to be objective and compiled from data that I could easily access. I chose to base it on Average Daily Value Traded (ADVT), or what is more commonly known as dollar volume. The inclusion...
ETF Deathwatch for December 2010
The number of exchange-traded products (ETPs) on ETF Deathwatch declined to 139 (108 ETFs and 31 ETNs), the lowest level in six months. Last month’s quantity of 154 was the highest in 18 months, and the average has been 124 the past 12 months. Direxion Daily 2-Year Treasury Bull 3x Shares (TWOL)...
ETF Deathwatch for November 2010
The number of exchange-traded products (ETPs) on ETF Deathwatch jumped to 154 (120 ETFs and 34 ETNs), the highest level in 18 months. Product sponsors delisted and closed six ETFs in September and another six in October. Despite the recent closures, this month’s list is four more than last month. Five...
ETF Deathwatch for October 2010
The number of exchange-traded products (ETPs) on ETF Deathwatch declined slightly this month to 149 (113 ETFs and 36 ETNs). Six ETFs were delisted and closed during September, while the quantity on Deathwatch only declined by four from last month as other products were quick to fill the void. The six...
ETF Deathwatch for September 2010
The number of exchange-traded products (ETPs) on ETF Deathwatch climbed again this month to 153 (114 ETFs and 39 ETNs). This is a 4.8% increase from last month and the highest number since May 2009. Two funds closed last month that have been on the list every month since they became eligible: Grail...
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...
