{"id":3018,"date":"2021-07-30T10:19:05","date_gmt":"2021-07-30T10:19:05","guid":{"rendered":"https:\/\/investwithanedge.com\/?page_id=3018"},"modified":"2021-07-30T10:19:05","modified_gmt":"2021-07-30T10:19:05","slug":"etf-stats-for-april-2013-launch-activity-resumes","status":"publish","type":"page","link":"https:\/\/investwithanedge.com\/etf-stats-for-april-2013-launch-activity-resumes\/","title":{"rendered":"ETF Stats for April 2013 \u2013 Launch Activity Resumes"},"content":{"rendered":"
Launches reached their highest level in fourteen months during April, with twenty-one products achieving new listing status. Only one closure occurred, allowing the year-to-date net change in listings to become positive at +14. The exchange traded product count stood at 1,459 as April ended, consisting of 1,251 ETFs and 208 ETNs.<\/p>\n
Unlike March, where 100% of new offerings were income oriented, April\u2019s new arrivals had a good mixture of objectives: Two frontier funds, five emerging market ETFs (two with 3x leverage), three international dividend plays, three factor products (plus two actively managed ETFs using those factor tilts), five target maturity bond funds, and a silver covered-call ETN.<\/p>\n
April\u2019s sore point was the decision by BNP Paribas to delist the STREAM S&P Dynamic Roll Commodities Fund (former ticker = BNPC) without liquidating it. I vehemently warned the ETF community that BNP Paribas was not planning to liquidate this ETF, and unfortunately, that is the case. When shareholders receive their monthly brokerage statements, they will be horrified to see those ETF shares still in their account but with a CUSIP number instead of a ticker symbol. I bought a few shares prior to the delisting in order to have a front row seat to this train wreck. BNP Paribas, welcome to the ETF Hall of Shame.<\/p>\n
Assets grew by 1.7% in April to $1.49 trillion. The number of funds with more than $1 billion in assets now stands at a record 202, exceeding 200 for the first time ever. These products represent less than 14% of the offerings, yet control nearly 89% of the assets.<\/p>\n
Trading activity picked up significantly for the month with $1.43 trillion of ETFs and ETNs changing hands, a 30% increase over March. Nine products averaged more than $1 billion per day and accounted for 57.8% of all ETP dollars traded. The monthly turnover rate (total dollar volume divided by assets under management) came in at 0.96.<\/p>\n
April 2013 Month End<\/th>\n | ETFs<\/th>\n | ETNs<\/th>\n | Total<\/th>\n<\/tr>\n<\/thead>\n |
---|---|---|---|
Currently Listed U.S.<\/td>\n | 1,251<\/td>\n | 208<\/td>\n | 1,459<\/td>\n<\/tr>\n |
Listed as of 12\/31\/2012<\/td>\n | 1,239<\/td>\n | 206<\/td>\n | 1,445<\/td>\n<\/tr>\n |
New Introductions for Month<\/td>\n | 20<\/td>\n | 1<\/td>\n | 21<\/td>\n<\/tr>\n |
Delistings\/Closures for Month<\/td>\n | 1<\/td>\n | 0<\/td>\n | 1<\/td>\n<\/tr>\n |
Net Change for Month<\/td>\n | +19<\/td>\n | +1<\/td>\n | +20<\/td>\n<\/tr>\n |
New Introductions 6 Months<\/td>\n | 53<\/td>\n | 9<\/td>\n | 62<\/td>\n<\/tr>\n |
New Introductions YTD<\/td>\n | 39<\/td>\n | 4<\/td>\n | 43<\/td>\n<\/tr>\n |
Delistings\/Closures YTD<\/td>\n | 27<\/td>\n | 2<\/td>\n | 29<\/td>\n<\/tr>\n |
Net Change YTD<\/td>\n | +12<\/td>\n | +2<\/td>\n | +14<\/td>\n<\/tr>\n |
Actively-Managed Listings<\/td>\n | 61<\/td>\n | n\/a<\/td>\n | 61<\/td>\n<\/tr>\n |
Assets Under Mgmt ($ billion)<\/td>\n | $1,472<\/td>\n | $18.1<\/td>\n | $1,490<\/td>\n<\/tr>\n |
% Change in Assets for Month<\/td>\n | +1.7%<\/td>\n | +1.5%<\/td>\n | +1.7%<\/td>\n<\/tr>\n |
Qty AUM > $10 Billion<\/td>\n | 31<\/td>\n | 0<\/td>\n | 31<\/td>\n<\/tr>\n |
Qty AUM > $1 Billion<\/td>\n | 199<\/td>\n | 3<\/td>\n | 202<\/td>\n<\/tr>\n |
Qty AUM > $100 Million<\/td>\n | 603<\/td>\n | 23<\/td>\n | 626<\/td>\n<\/tr>\n |
% with AUM > $100 Million<\/td>\n | 48.2%<\/td>\n | 11.1%<\/td>\n | 42.9%<\/td>\n<\/tr>\n |
Monthly $ Volume ($ billion)<\/td>\n | $1,389<\/td>\n | $40.6<\/td>\n | $1,430<\/td>\n<\/tr>\n |
% Change in Monthly $ Volume<\/td>\n | +30.8%<\/td>\n | +10.3%<\/td>\n | +30.1%<\/td>\n<\/tr>\n |
Avg Daily $ Volume > $1 Billion<\/td>\n | 8<\/td>\n | 1<\/td>\n | 9<\/td>\n<\/tr>\n |
Avg Daily $ Volume > $100 Million<\/td>\n | 68<\/td>\n | 2<\/td>\n | 70<\/td>\n<\/tr>\n |
Avg Daily $ Volume > $10 Million<\/td>\n | 260<\/td>\n | 13<\/td>\n | 273<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n Data sources: Daily prices and volume of individual ETPs from Norgate Premium Data. Fund counts and all other information compiled by Invest With An Edge.<\/p>\n New products launched in April<\/strong> (sorted by launch date):<\/p>\n Product closures\/delistings in April<\/strong> (sorted by delisting date):<\/p>\n Product changes in April:<\/strong><\/p>\n Announced Product Changes for Coming Months:<\/strong><\/p>\n Previous monthly ETF statistics reports are available here.<\/p>\n Disclosure covering writer, editor, publisher, and affiliates: Long the ETF formerly known as BNPC. 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.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Launches reached their highest level in fourteen months during April, with twenty-one products achieving new listing status. Only one closure occurred, allowing the year-to-date net change in listings to become positive at +14. The exchange traded product count stood at 1,459 as April ended, consisting of 1,251 ETFs and 208 ETNs. Unlike March, where 100% …<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"acf":[],"_links":{"self":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages\/3018"}],"collection":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/comments?post=3018"}],"version-history":[{"count":0,"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/pages\/3018\/revisions"}],"wp:attachment":[{"href":"https:\/\/investwithanedge.com\/wp-json\/wp\/v2\/media?parent=3018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} |