The number of exchange-traded products on Deathwatch increased for the first time in five months.  This month’s list of 142 names is up from 134 last month while still remaining below the record high of 171 in March.  The current list consists of 105 ETFs and 37 ETNs that are at least six months old and failed to have an Average Daily Value Traded (ADVT) of at least $100,000 during July.

Claymore/Morningstar Information Super Sector Index ETF (MZN) tops the list this month.  It only managed to trade a measly 45 shares per day on average.  This translates to an ADVT of just $813.  A closer look reveals that all of its trading took place on just two days, with 896 shares changing hands on July 1 and 100 more shares on July 21.  The other 20 trading days it showed up in the zero volume reports.

Elements Ben Graham Large Cap Value ETN (BVL) lost its top spot even though its July ADVT of $1,476 represented a decline of nearly 20% from the previous month.  It had 12 days of zero volume.  As usual, the majority of the Elements lineup can be found in this month’s list.

There were 11 ETFs that reached an age of six months during July; making this August list the first time they are eligible to be included on ETF Deathwatch.  All eleven of them escaped that fate, so the increase this month cannot be attributed to the newer funds.  In fact, the average age of ETFs on the list is 25 months.  Five of them are more than eight years old, making them virtual old timers in the world of ETFs.

This month’s Deathwatch list has 29 names that were not there last month.  One of the larger falls from grace belongs to E-TRACS CMCI Food Total Return ETN (FUD), which saw its ADVT plunge more than 92% from $487,098 in June to just $37,333 in July.  The E-TRACS product line continues to be vulnerable with 90% of the family on Deathwatch month after month.

AirShares EU Carbon Allowances Fund (ASO) had its last day of trading on July 31 and therefore narrowly escaped being included on this month’s list.

 

ETF DEATHWATCH – AUGUST 2009

Rank Ticker Name Age (mths) Avg Daily Volume Avg Daily Value Traded
1 MZN Claymore/Mrngstr Inform. SuperSector 24 45 $813
2 BVL Elements Ben Graham Large Cap Value ETN 12 191 $1,476
3 TZL iShares S&P; Target Date 2030 Index Fund 9 91 $2,389
4 USV E-TRACS CMCI Silver Total Return ETN 16 132 $2,585
5 UBD Claymore U.S. Capital Markets Bond ETF 18 59 $2,779
6 JEM Barclays GEMS Currency Index ETN 18 68 $2,975
7 PTD E-TRACS CMCI Short Platinum Exc Ret ETN 15 123 $4,397
8 TZD iShares S&P; Target Date 2010 Index Fund 9 182 $4,783
9 UEM Claymore U.S.-1-The Capital Markets 18 145 $5,599
10 MZO Claymore/Mrngstr Services SuperSector 24 409 $6,063
11 BSC Elements Ben Graham Small Cap Value ETN 12 750 $6,213
12 FVI First Trust Value Line Equity Allocation 32 495 $6,670
13 INR Market Vectors Indian Rupee/USD ETN 17 191 $6,968
14 UBN E-TRACS CMCI Energy Total Return ETN 16 527 $7,553
15 DOD Elements Dogs of the Dow Total Return ETN 21 1,373 $7,859
16 OTR Claymore/Ocean Tomo Growth 28 405 $8,008
17 TGR iShares S&P; Target Date Retirement Inc. 9 318 $8,197
18 PQSC PowerShares FTSE Nasdaq Small Cap 16 464 $8,623
19 UBG E-TRACS CMCI Gold Total Return ETN 16 341 $8,726
20 MKH HOLDRS Merrill Lynch Market 2000+ 109 205 $8,919
21 TZG iShares S&P; Target Date 2020 Index Fund 9 355 $9,267
22 UAG E-TRACS CMCI Agriculture TR ETN 16 500 $9,505
23 TZE iShares S&P; Target Date 2015 Index Fund 9 373 $9,813
24 GWO Elements CS Global Warming ETN 16 1,527 $9,987
25 MZG Claymore/Mrngstr Manufact. SuperSector 24 582 $10,599
26 STH Claymore/Sabrient Stealth 35 850 $10,879
27 OTP Claymore/Ocean Tomo Patent 32 586 $11,396
28 BHH HOLDRS B2B Internet ETF 115 36,005 $12,740
29 AGF PowerShares DB Agriculture Long ETN 16 823 $12,945
30 PMA PowerShares Active Mega-Cap Portfolio 16 664 $12,951
31 PGD Barclays Asian&Gulf; Currency Reval. ETN 14 268 $13,357
32 PQY PowerShares Active AlphaQ 16 723 $13,746
33 AYT Barclays GEMS Asia 8 ETN 11 314 $13,885
34 PQZ PowerShares Active Alpha Multi-Cap 16 1,018 $14,583
35 CRO Claymore/Zacks Country Rotation 25 1,091 $15,258
36 FUE Elements MLCX Biofuels ETN 18 2,227 $16,261
37 JFT First Trust Enhanced 130/30 Large Cap ETN 15 677 $16,286
38 PNXQ PowerShares Nasdaq Next Q 16 859 $16,594
39 TZV iShares S&P; Target Date 2040 Index Fund 9 645 $16,893
40 BVT Elements Ben Graham Total Mkt Value ETN 12 2,077 $17,152
41 RTW Rydex Inverse 2x S&P; Technology 14 609 $17,361
42 CZA Claymore/Zacks Mid-Cap Core ETF 28 932 $17,759
43 IPU SPDR S&P; International Utilities 12 918 $18,611
44 IIH HOLDRS Internet Infrastructure 115 8,991 $18,760
45 IPS SPDR S&P; International Consumer Staples 12 805 $19,159
46 TZO iShares S&P; Target Date 2035 Index Fund 9 759 $19,730
47 UBM E-TRACS CMCI Industrial Metals TR ETN 16 1,295 $20,933
48 EEH Elements Spec LgCap US Sector Mo ETN 24 3,209 $21,812
49 DPU PowerShares DB Commodity Long ETN 15 1595 $22,563
50 ROB Claymore/Robb Report Global Luxury 24 1,595 $22,609
51 UBC E-TRACS CMCI Livestock Total Return ETN 16 1,259 $22,848
52 GRN iPath Global Carbon ETN 13 973 $25,198
53 CSD Claymore/Clear Spin-Off ETF 32 1,814 $25,373
54 IRY SPDR S&P; International Health Care 12 1,009 $25,678
55 IRO Claymore/Zacks Dividend Rotation 22 1,677 $25,968
56 DEF Claymore/Sabrient Defender 32 1,509 $27,537
57 EXB Claymore/Clear Global Exchanges & Brokers 26 2,245 $28,279
58 EKH HOLDRS Europe 2001 104 555 $28,813
59 IPN SPDR S&P; International Industrial 12 1,464 $29,235
60 TZI iShares S&P; Target Date 2025 Index Fund 9 1,155 $30,007
61 UCI E-TRACS CMCI Total Return ETN 16 1782 $30,151
62 BOS PowerShares DB Base Metals Sht ETN 14 945 $30,485
63 FPX First Trust IPOX-100 Index Fund 40 1,855 $30,522
64 JYF WisdomTree Dreyfus Japan Yen 15 1,100 $30,712
65 ERO iPath EUR/USD Exchange Rate ETN 27 564 $31,038
66 IPF SPDR S&P; International Financial 12 1,914 $33,821
67 EEN Claymore/Robeco Developed Intl Equity 29 2,159 $34,232
68 PJO PowerShares FTSE RAFI Japan 26 977 $34,723
69 BWV iPath CBOE S&P; 500 BuyWrite Index ETN 27 941 $36,746
70 FUD E-TRACS CMCI Food Total Return ETN 16 1,955 $37,333
71 XGC Claymore/BNY Mellon Internat. Small Cap LDRs 28 2,450 $37,675
72 EU WisdomTree Dreyfus Euro 15 1,664 $37,838
73 IFEU iShares FTSE EPRA/NAREIT Europe 21 1,650 $38,472
74 IPD SPDR S&P; International Consumer Discr 12 2,050 $41,674
75 XRU CurrencyShares Russian Ruble Shares 9 1,373 $43,449
76 ROI WisdomTree LargeCap Growth 8 1,468 $44,258
77 EEZ WisdomTree Earnings Top 100 Fund 30 1,414 $44,406
78 JYN iPath JPY/USD Exchange Rate ETN 27 718 $45,566
79 FAD First Trust Multi Cap Growth AlphaDEX 27 2,336 $46,367
80 RYU Rydex S&P; Equal Weight Utilities 33 1,136 $47,091
81 RHO Rydex Inverse 2x S&P; Health Care 14 977 $48,209
82 RHM Rydex 2x S&P; Health Care 14 918 $48,465
83 JJS iPath DJ AIG Softs ETN 13 1,159 $48,678
84 IPW SPDR S&P; International Energy 12 2,173 $49,167
85 GCE Claymore CEF Index GS Connect ETN 20 3,532 $49,591
86 PBTQ PowerShares Global Biotech Portfolio 11 2,223 $50,168
87 EMV SPDR DJ Wilshire Mid Cap Value 45 1,395 $50,226
88 PTRP PowerShares Glb Progressive Transport. 11 2,332 $51,696
89 PSR PowerShares Active U.S. Real Estate Fund 8 2,027 $54,245
90 JPP SPDR Russell/Nomura PRIME Japan 33 1,523 $54,428
91 FXR First Trust Industrials AlphaDex 27 4,918 $54,658
92 RTL iShares FTSE NAREIT Retail 27 3,655 $56,733
93 IFNA iShares FTSE NAREIT North America 21 2,450 $57,963
94 PFI PowerShares Dynamic Financials 34 3,850 $58,040
95 FDD First Trust DJ STOXX Select Dividend 30 23 5,100 $59,284
96 FNX First Trust Mid Cap Core AlphaDEX 27 2,886 $59,903
97 RHS Rydex S&P; Equal Weight Cons Staples 33 1,391 $60,045
98 INY SPDR Barclays New York Muni Bond 22 2,814 $62,040
99 FTA First Trust Large Cap Value Op AlphaDEX 27 3,564 $63,803
100 TDD TDX Independence 2010 22 2,877 $64,262
101 QQXT First Trust Nasdaq-100 Ex-Technology 30 4,545 $64,993
102 TDX TDX Independence In-Target 22 2,677 $65,719
103 WMH HOLDRS Wireless 107 1,464 $66,036
104 PIC PowerShares Dynamic Insurance 46 5,673 $67,855
105 BDG PowerShares DB Base Metals Lng ETN 14 4,323 $67,952
106 ADRU BLDRS Europe 100 ADR 82 3,695 $68,030
107 PSTL PowerShares Global Steel Portfolio 10 4,000 $68,470
108 PZJ PowerShares Zacks Small Cap 42 4,514 $70,481
109 FXG First Trust Consumer Staples AlphaDex 27 4,518 $70,740
110 EXT WisdomTree Total Earnings 30 2,205 $72,868
111 GRU Elements MLCX Grains Total Return ETN 18 13,782 $75,039
112 PAO PowerShares Auto Balanced Growth NFA 15 7,705 $76,476
113 FXO First Trust Financials AlphaDex 27 7,918 $76,484
114 TDN TDX Independence 2030 22 4,718 $78,444
115 LD iPath DJ AIG Lead ETN 13 1,736 $79,323
116 FXD First Trust Cons Discretionary AlphaDex 27 6,736 $80,060
117 FTC First Trust Large Cap Growth Op AlphaDEX 27 4,236 $80,248
118 DRF WisdomTree Intl Financial 34 5,977 $80,266
119 XRO Claymore/Zacks Sector Rotation 35 4,668 $80,727
120 DGG WisdomTree Intl Communications 34 3,741 $80,967
121 CNY Market Vectors Chinese Renminbi/USD ETN 17 2,018 $81,775
122 PIQ PowerShares Dynamic Magniquant 34 4,673 $82,403
123 FIO iShares FTSE NAREIT Industrial Office 27 5,095 $82,614
124 PTO PowerShares Auto Growth NFA 15 9,018 $83,712
125 PEF PowerShares FTSE RAFI Europe 26 2,809 $84,083
126 FAB First Trust Multi Cap Value AlphaDEX 27 4,495 $85,273
127 ADZ PowerShares DB Agriculture Short ETN 16 2,491 $87,344
128 ICI iPath Optimized Currency Carry ETN 16 2,064 $90,751
129 RGI Rydex S&P; Equal Weight Industrials 33 2,509 $90,768
130 DPN WisdomTree Intl Consumer Non-Cycl 34 4,373 $90,889
131 PNQI PowerShares Nasdaq Internet 14 4,459 $91,178
132 FRI First Trust S&P; REIT 27 10,964 $91,246
133 GBB iPath GBP/USD Exchange Rate ETN 27 2,077 $92,625
134 PCA PowerShares Auto Balanced NFA 15 8,659 $92,966
135 FXU First Trust Utilities AlphaDex 27 7,155 $94,422
136 PKW PowerShares Buyback Achievers 32 5,618 $94,514
137 EZY WisdomTree Low P/E 30 3,159 $94,575
138 FYX First Trust Small Cap Core AlphaDEX 27 4,809 $94,747
139 LVL Claymore/BBD High Income 26 8,264 $96,078
140 URR Market Vectors Double Long Euro ETN 15 2,914 $96,721
141 PYH PowerShares Value Line Industry Rotation 32 6,041 $96,890
142 MES Market Vectors Gulf States 12 5,014 $97,720

Disclosure: no positions