Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.
In December, 30 exchange-traded products (“ETPs”) were added to the ETF Deathwatch list and 21 were removed, bringing the total to 356.
Sixteen products were removed due to improved health and five were delisted.
All but three additions were due to low trading volume. The low volume in these products could be due to the nature of their investment product. The other additions were due to low assets under management (“AUM”). These ETPs may have enough AUM to keep them from closure. However, our system takes into account both AUM and volume. If both remain low, these funds may be considered for closure.
Forty-three ETPs on Deathwatch this month that have been in the market for at least 10 years, including many short ETPs.
The average asset level of the threatened ETPs on ETF Deathwatch increased from $9.76 million to $9.93 million, and 29 products had less than $2 million in assets. The average age of products on the list decreased from 50.17 months to 48.91 months. The number of products at least 5 years of age stayed at 104. The largest ETP on the list had an AUM of $24.83 million, while the smallest had assets of just $138,479.
Here is the Complete List of 356 ETFs and ETNs on ETF Deathwatch for December 2021 compiled using the objective ETF Deathwatch Criteria.
The 30 ETPs added to ETF Deathwatch for December:
The 16 ETPs removed from ETF Deathwatch due to improved health:
The 5 ETPs removed from ETF Deathwatch due to delisting: