ETF Deathwatch for October 2011: 29 New Names

October 11, 2011 by  
Filed under Commentary, ETF Deathwatch 2011

The ETF Deathwatch membership list surged this month with twenty-nine new names.  Only six products came off the list, leaving a net increase of twenty-three and boosting the overall count from 163 to 186, a 14% increase.  Of those, 146 are ETFs and 40 are ETNs.

It was the first month of eligibility for 24 of the new additions, since new launches receive a six-month grace period to gain traction with investors.  The fact that nearly two-thirds of the 38 products introduced in March 2011 went on ETF Deathwatch as soon as they were eligible doesn’t speak very well for that monthly vintage.  A full 14 of the new additions are from FocusShares, a firm making its second attempt to break into the ETF business.

The average fund on the list is 28.8 months old and has $6.2 million in assets.  Seven products have only about $1 million under management.  ELEMENTS Spectrum Large Cap US Sector Momentum (EEH) had zero volume in September. 

The 29 ETPs added to ETF Deathwatch:

  1. Direxion Daily 7-10 Year Treasury Bear 1x (TYNS) [Direxion inverse bond ETFs]
  2. Direxion Daily 20+ Year Treasury Bear 1x (TYBS)
  3. First Trust NASDAQ CEA Smartphone (FONE) [ETF FONE Home]
  4. Focus Morningstar Basic Materials Index ETF (FBM) [FocusShares Rides Again]
  5. Focus Morningstar Communication Services ETF (FCQ)
  6. Focus Morningstar Consumer Cyclical ETF (FCL)
  7. Focus Morningstar Consumer Defensive ETF (FCD)
  8. Focus Morningstar Energy Index ETF (FEG)
  9. Focus Morningstar Financial Services ETF (FFL)
  10. Focus Morningstar Health Care Index ETF (FHC)
  11. Focus Morningstar Industrials Index ETF (FIL)
  12. Focus Morningstar Large Cap Index ETF (FLG)
  13. Focus Morningstar Mid Cap Index ETF (FMM)
  14. Focus Morningstar Real Estate Index ETF (FRL)
  15. Focus Morningstar Small Cap Index ETF (FOS)
  16. Focus Morningstar Technology Index ETF (FTQ)
  17. Focus Morningstar Utilities Index ETF (FUI)
  18. Global X FTSE Andean 40 ETF (AND) [Chile, Colombia, and Peru ETF]
  19. Global X FTSE Argentina 20 ETF (ARGT) [ARGT launch]
  20. Global X Oil Equities ETF (XOIL) [XOIL tries to track spot]
  21. Global X Pure Gold Miners ETF (GGGG) [GGGG initial review]
  22. Global X S&P/TSX Venture 30 Canada ETF (TSXV) [Access to Toronto Venture Exchange]
  23. iPath Long Ext 3x S&P 500 TR Index ETN (SFLA)
  24. Market Vectors Colombia ETF (COLX) [COLX uses cash creations]
  25. PowerShares DB Japanese G-Bond Futures ETN (JGBL) [PowerShares DB Bond ETNs]
  26. PowerShares DB 3x Japanese G-Bond Futures ETN (JGBT)
  27. PowerShares Dynamic Banking (PJB)
  28. ProShares Short Investment Grade Corporate (IGS) [IGS launch article]
  29. ProShares Ultra Telecommunications (LTL)

The six ETPs removed from ETF Deathwatch:

  1. ELEMENTS MLCX Biofuels ETN (FUE)
  2. iPath Short Ext -3x S&P 500 TR Index ETN (SFSA)
  3. JETS Contrarian Opportunities (JCO) [shuttered in September]
  4. ProShares Ultra Yen (YCL)
  5. PowerShares Active Alpha Multi-Cap (PQZ) [delisted after 9/30/11]
  6. PowerShares DB Base Metals Short ETN (BOS)

The ETF Deathwatch criteria produced the following list of 186 ETPs for October:

ETF Deathwatch for October 2011

#Ticker SymETF NameAge (mths)AUM (millions)3-mth Avg Daily $ Volume
1DENTAdvisorShares Dent Tactical ETF25$15$59,765
2AADRAdvisorShares WCM/BNY Mellon Foc Gr ADR15$8$138,374
3PGDBarclays Asian&Gulf Currency Reval. ETN40$4$30,187
4BXDCBarclays ETN+ S&P 500 2x Short C 2009 ETN23$3$520,503
5JEMBarclays GEMS Currency Index ETN45$4$45,716
6GCEClaymore CEF Index GS Connect ETN46$3$22,898
7GVTColumbia Concentrated Large Cap Value Strat29$3$2,773
8GMTBColumbia Core Bond Strategy Fund20$5$29,793
9RPXColumbia Growth Equity Strategy Fund24$1$21,577
10GMMBColumbia Intermediate Municipal Bond Strategy20$5$11,389
11RWGColumbia Large-Cap Growth Equity24$8$26,422
12FXRUCurrencyShares Russian Ruble Shares35$6$68,757
13TDDdb-X 2010 Target Date Fund49$14$32,913
14TDXdb-X In-Target Date Fund49$15$27,632
15FLYXDirexion Airline Shares10$3$5,522
16TYBSDirexion Daily 20+ Year Treasury Bear 1x6$3$35,232
17TYNSDirexion Daily 7-10 Year Treasury Bear 1x6$3$37,615
18BRISDirexion Daily BRIC Bear 2x19$4$52,701
19BRILDirexion Daily BRIC Bull 2x19$3$99,286
20INDZDirexion Daily India Bear 2x19$4$203,634
21LHBDirexion Daily Latin America Bear 3x22$6$720,908
22GASXDirexion Daily Natural Gas Related Bear 2x15$3$212,235
23RETSDirexion Daily Retail Bear 2x15$2$138,985
24RETLDirexion Daily Retail Bull 2x15$11$84,114
25FGEMEGShares Financials GEMS ETF25$5$66,566
26GWOELEMENTS CS Global Warming ETN43$3$10,207
27DODELEMENTS Dogs of the Dow Total Return ETN47$5$62,593
28WMWELEMENTS Morningstar Wide Moat Focus ETN48$9$61,259
29EEHELEMENTS Spctrm LgCap US Sector Mo ETN51$1$277
30EAPSESG Shares Pax MSCI EAFE ESG Index ETF8$2$37,788
31FOLFactorShares 2X: Oil Bull/S&P500 Bear7$2$69,453
32FSEFactorShares 2X: S&P500 Bull/TBond Bear7$1$30,777
33FSAFactorShares 2X: TBond Bull/S&P500 Bear7$4$113,763
34FDDFirst Trust DJ STOXX European Select Div50$9$75,241
35QABAFirst Trust NASDAQ ABA Community Bank27$11$105,663
36FONEFirst Trust NASDAQ CEA Smartphone7$14$59,471
37FVIFirst Trust Value Line Equity Allocation59$6$48,732
38FBMFocus Morningstar Basic Materials Index ETF6$4$27,406
39FCQFocus Morningstar Communication Srvcs ETF6$4$13,046
40FCLFocus Morningstar Consumer Cyclical ETF6$4$10,933
41FCDFocus Morningstar Consumer Defensive ETF6$5$26,987
42FEGFocus Morningstar Energy Index ETF6$4$157,379
43FFLFocus Morningstar Financial Services ETF6$4$53,899
44FHCFocus Morningstar Health Care Index ETF6$5$37,320
45FILFocus Morningstar Industrials Index ETF6$4$21,343
46FLGFocus Morningstar Large Cap Index ETF6$4$110,915
47FMMFocus Morningstar Mid Cap Index ETF6$4$53,036
48FRLFocus Morningstar Real Estate Index ETF6$4$27,212
49FOSFocus Morningstar Small Cap Index ETF6$4$93,329
50FTQFocus Morningstar Technology Index ETF6$4$65,256
51FUIFocus Morningstar Utilities Index ETF6$5$32,895
52ALUMGlobal X Aluminum ETF9$3$57,781
53BRAFGlobal X Brazil Financials ETF14$6$65,113
54CHIEGlobal X China Energy ETF22$5$41,776
55CHIXGlobal X China Financials ETF22$4$56,085
56CHIIGlobal X China Industrial ETF22$4$36,307
57CHIMGlobal X China Materials ETF21$2$32,085
58CHIBGlobal X China Technology ETF22$5$42,329
59ANDGlobal X FTSE Andean 40 ETF8$6$57,566
60ARGTGlobal X FTSE Argentina 20 ETF7$3$77,043
61XOILGlobal X Oil Equities ETF7$3$51,248
62GGGGGlobal X Pure Gold Miners ETF7$4$234,164
63EMGXGlobal X Russell Emerging Markets Growth ETF8$2$11,155
64EMVXGlobal X Russell Emerging Markets Value ETF8$2$13,260
65TSXVGlobal X S&P/TSX Venture 30 Canada ETF7$2$74,223
66GIYGuggenheim Enhanced Core Bond ETF44$5$32,993
67GSYGuggenheim Enhanced Ultra-Short Bond ETF44$15$77,124
68EENGuggenheim EW Euro-Pacific LDRs ETF56$2$10,609
69XGCGuggenheim International Small Cap LDRs55$6$136,364
70OTRGuggenheim Ocean Tomo Growth Index ETF55$12$283,070
71OTPGuggenheim Ocean Tomo Patent ETF58$9$30,582
72XROGuggenheim Sector Rotation ETF61$12$63,330
73WXSPGuggenheim Wilshire 4500 Completion ETF19$5$53,215
74WFVKGuggenheim Wilshire 5000 Total Market ETF19$5$42,191
75EKHHOLDRS Europe 2001130$3$21,778
76IIHHOLDRS Internet Infrastructure141$9$47,191
77MKHHOLDRS Merrill Lynch Market 2000+135$10$38,386
78WMHHOLDRS Wireless133$13$13,539
79GBBiPath GBP/USD Exchange Rate ETN54$3$67,982
80GRNiPath Global Carbon ETN40$2$16,684
81JYNiPath JPY/USD Exchange Rate ETN54$7$120,501
82MFLAiPath Long Enh 2x MSCI EAFE Index ETN10$2$36,404
83EMLBiPath Long Enh 2x MSCI Emerging Mkts ETN10$3$95,997
84ROLAiPath Long Ext 3x Russell 1000 TR ETN10$3$58,493
85RTLAiPath Long Ext 3x Russell 2000 TR ETN10$3$304,890
86SFLAiPath Long Ext 3x S&P 500 TR Index ETN10$4$858,288
87MFSAiPath Short Enh -2x MSCI EAFE Index ETN10$6$36,240
88ROSAiPath Short Ext -3x Russell 1000 TR ETN10$5$136,667
89TWONIQ Taiwan Small Cap17$3$36,226
90GLJiShares 10+ Year Government/Credit Bond22$24$290,210
91RTLiShares FTSE NAREIT Retail Capped54$8$66,902
92AXDIiShares MSCI ACWI ex US Consumer Discr15$5$23,834
93AXSLiShares MSCI ACWI ex US Consumer Staples15$3$20,841
94AXENiShares MSCI ACWI ex US Energy15$5$39,214
95AXFNiShares MSCI ACWI ex US Financials21$2$13,774
96AXHEiShares MSCI ACWI ex US Health Care15$5$88,025
97AXIDiShares MSCI ACWI ex US Industrials15$5$10,462
98AXITiShares MSCI ACWI ex US Info Technology15$2$43,948
99AXMTiShares MSCI ACWI ex US Materials15$5$23,272
100AXTEiShares MSCI ACWI ex US Telecom Services15$3$33,056
101AXUTiShares MSCI ACWI ex US Utilities15$2$48,637
102EMFNiShares MSCI Emerging Markets Financials21$17$29,635
103EMMTiShares MSCI Emerging Markets Materials21$8$44,760
104FEFNiShares MSCI Far East Financials Sector21$2$6,589
105EIRLiShares MSCI Ireland Cap. Investable Mkt17$4$122,020
106EUSAiShares MSCI USA Index Fund17$6$136,589
107NUCLiShares S&P Global Nuclear Energy40$13$75,379
108TZDiShares S&P Target Date 2010 Index Fund35$10$229,549
109TZEiShares S&P Target Date 2015 Index Fund35$14$246,157
110TZIiShares S&P Target Date 2025 Index Fund35$17$222,065
111TZLiShares S&P Target Date 2030 Index Fund35$14$110,751
112TZOiShares S&P Target Date 2035 Index Fund35$7$47,144
113TZViShares S&P Target Date 2040 Index Fund35$13$68,599
114TGRiShares S&P Target Date Retirement Inc.35$9$121,907
115CRBIJefferies|TR/J CRB Global Ind Metals Equity23$3$24,480
116DSXJJPM Qtrly Dbl Short US 10-Yr Treas Fut ETN12$9$14,279
117DSTJJPM Qtrly Dbl Short US Long Treas Fut ETN12$8$58,432
118JFTKEYnotes FT Enhanced 130/30 Large Cap ETN41$3$6,693
119COLXMarket Vectors Colombia ETF7$2$15,558
120URRMarket Vectors Double Long Euro ETN41$1$27,558
121INRMarket Vectors Indian Rupee/USD ETN43$5$81,760
122NASIPax MSCI North America ESG Index17$5$42,649
123TRSYPIMCO Broad U.S. Treasury Index Fund11$19$62,099
124PMAPowerShares Active Mega-Cap Portfolio42$5$42,913
125JGBTPowerShares DB 3x Japanese G-Bond Fut ETN6$4$18,535
126LBNDPowerShares DB 3x Long 25+ Treas ETN15$9$216,005
127ADZPowerShares DB Agriculture Short ETN42$2$90,969
128BDGPowerShares DB Base Metals Long ETN40$1$7,196
129DEEPowerShares DB Commodity Dbl Short ETN42$3$139,568
130DPUPowerShares DB Commodity Long ETN42$6$45,473
131DDPPowerShares DB Commodity Short ETN42$8$392,748
132JGBLPowerShares DB Japanese G-Bond Fut ETN6$5$7,921
133PJBPowerShares Dynamic Banking60$11$56,726
134PEZPowerShares Dynamic Cons Discretionary60$17$77,019
135PICPowerShares Dynamic Insurance72$7$23,603
136PIQPowerShares Dynamic Magniquant60$16$41,981
137PXMCPowerShares Fundamental Pure Mid Core59$18$68,137
138PXSCPowerShares Fundamental Pure Small Core59$13$104,267
139PSTLPowerShares Global Steel Portfolio37$4$19,571
140PTOPowerShares Ibbotson Alternative Completion41$8$35,026
141KBWXPowerShares KBW International Financial10$3$8,797
142KBWYPowerShares KBW Premium Yield Equity REIT10$6$86,514
143KBWPPowerShares KBW Property & Casualty Ins10$3$3,524
144PMNAPowerShares MENA Frontier Countries39$20$71,229
145PYHPowerShares Morningstar StockInvestor Core59$14$38,517
146PSCMPowerShares S&P SmallCap Materials18$6$126,681
147IGSProShares Short Investment Grade Corporate6$2$36,062
148KRUProShares Ultra KBW Regional Banking18$1$225,007
149UPVProShares Ultra MSCI Europe17$2$189,182
150UMXProShares Ultra MSCI Mexico Investable Mkt17$1$13,572
151UXJProShares Ultra MSCI Pacific Ex-Japan17$2$129,484
152UWCProShares Ultra Russell300027$6$62,024
153LTLProShares Ultra Telecommunications43$3$83,018
154RXDProShares UltraShort Healthcare57$4$125,307
155SMKProShares UltraShort MSCI Mexico28$3$240,988
156JPXProShares UltraShort MSCI Pacific ex-Japan28$3$43,908
157BISProShares UltraShort Nasdaq Biotechnology18$4$116,404
158SFKProShares UltraShort Russell 1000 Growth56$5$398,728
159SJFProShares UltraShort Russell 1000 Value56$3$73,131
160SDKProShares UltraShort Russell Midcap Growth56$3$165,453
161SJLProShares UltraShort Russell Midcap Value56$2$92,851
162TWQProShares UltraShort Russell300027$3$123,557
163TLLProShares UltraShort Telecom43$3$64,702
164TPSProShares UltraShort TIPS8$3$46,780
165SDPProShares UltraShort Utilities57$3$213,263
166ONEFRussell Equity ETF17$6$147,534
167EWACRydex MSCI All Country World Equal Weight9$5$52,903
168KMESPDR KBW Mortgage Finance ETF29$3$11,380
169VRDSPDR Nuveen S&P VRDO Municipal Bond ETF25$12$103,249
170JPPSPDR Russell/Nomura PRIME Japan59$15$70,803
171IPFSPDR S&P International Financial39$8$131,070
172IPUSPDR S&P International Utilities39$8$108,712
173NAGSTeucrium Natural Gas Fund8$2$13,495
174MLPGUBS ETRACS Alerian Natural Gas MLP ETN15$14$189,907
175UBNUBS ETRACS CMCI Energy TR ETN43$3$23,444
176UBGUBS ETRACS CMCI Gold TR ETN43$8$151,969
177UBMUBS ETRACS CMCI Industrial Metals TR ETN43$5$24,446
178UBCUBS ETRACS CMCI Livestock TR ETN43$5$10,688
179PTDUBS ETRACS CMCI Short Platinum ER ETN41$3$2,256
180SPGHUBS ETRACS S&P 500 Gold Hedged Idx ETN20$15$174,070
181MLPWUBS ETRACS Wells Fargo MLP Index ETN11$17$58,081
182IVOVVanguard S&P Mid-Cap 400 Value ETF13$5$40,858
183VIIZVelocityShares VIX Medium-Term ETN10$10$243,766
184EUWisdomTree Dreyfus Euro41$5$52,074
185JYFWisdomTree Dreyfus Japan Yen41$14$214,646
186HEDJWisdomTree International Hedged Equity21$18$81,002
Data sources:  AUM from National Stock Exchange, daily prices and volume of individual ETPs from Norgate Premium Data, and all other information compiled by Invest With An Edge.

Past issues of ETF Deathwatch are available here.

Disclosure covering writer, editor, and publisher: No positions in any of the securities mentioned. No positions in any of the companies or ETF sponsors mentioned.  No income, revenue, or other compensation (either directly or indirectly) received from, or on behalf of, any of the companies or ETF sponsors mentioned.

Comments

One Response to “ETF Deathwatch for October 2011: 29 New Names”

  1. JOHN H. COLVIN on October 23rd, 2011 10:48 am

    looking through your list ( DEATHWATCH) I FIND A FEW LISTINGS WITH MORNING STAR. ARE THEY LISTED AS NOT SO GOOD? I GET THIER LISTINGS BUT AM NOT IMPRESSED WITH THIER RECOMENDATIONS… THANKS JOHN H. COLVIN A VERY INTERESTED PARTY—– good information