Market insights and analysis

How dynamic, risk-managed investment solutions are performing in the current market environment

3rd Quarter | 2021

Market insights and analysis

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Updates on how dynamic, risk-managed investment solutions are performing in the current market environment.

Forty-one exchange-traded products (“ETPs”) were added to the ETF Deathwatch list in June and 12 were removed, increasing the total to 322.

Eleven products were removed due to improved health and one was delisted.

Three products were added to the list in June due to low assets under management (“AUM”) and 38 were added due to low trading volume. The low volume in these products could be due to the nature of their investment product. 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-seven ETPs on Deathwatch this month have been in the market for at least 10 years. These include many short ETPs.

The average asset level of the threatened ETPs on ETF Deathwatch decreased from $9.60 million to $9.35 million, and 24 products had less than $2 million in assets. The average age of products on the list decreased from 54.44 months to 51.52 months, and the number of products at least 5 years of age remained at 105. The largest ETP on the list had an AUM of $24.76 million, while the smallest had assets of just $487,312.80.

Here is the Complete List of 322 ETFs and ETNs on ETF Deathwatch for June 2021 compiled using the objective ETF Deathwatch Criteria.

The 41 ETFs/ETNs added to ETF Deathwatch for June:

  1. ProShares UltraPro Short MidCap400 (SMDD)
  2. ProShares Ultra Nasdaq Cybersecurity ETF (UCYB)
  3. Simplify Volt Robocar Disruption ETF (VCAR)
  4. AVDR US LargeCap ESG ETF (AVDG)
  5. FT Cboe Vest Gold Strategy Quarterly Buffer ETF (BGLD)
  6. Cambria Global Real Estate ETF (BLDG)
  7. BlackRock Future Health ETF (BMED)
  8. Changebridge Capital Long/Short ETF (CBLS)
  9. Global X MSCI China Communication Services ETF (CHIC)
  10. Global X MSCI China Consumer Staples ETF (CHIS)
  11. Innovator Double Stacker ETF-January (DSJA)
  12. Innovator Double Stacker ETF-October (DSOC)
  13. Global X Emerging Markets Internet & E-commerce ETF (EWEB)
  14. Fidelity Emerging Markets Multifactor ETF (FDEM)
  15. First Trust International Developed Capital Strength ETF (FICS)
  16. First Trust Latin America AlphaDEX Fund (FLN)
  17. Indexiq ETF Trust-IQ Healthy Hearts ETF (HART)
  18. Franklin Intelligent Machines ETF (IQM)
  19. Invesco Focused Discovery Growth ETF (IVDG)
  20. Invesco Real Assets ESG ETF (IVRA)
  21. Invesco Select Growth ETF (IVSG)
  22. TrueShares Structured Outcome January ETF (JANZ)
  23. KraneShares Emerging Markets Healthcare Index ETF (KMED)
  24. American Century Low Volatility ETF (LVOL)
  25. VanEck Vectors Moody's Analytics BBB Corporate ETF (MBBB)
  26. SmartETFs Advertising & Marketing Technology ETF (MRAD)
  27. Overlay Shares Municipal Bond ETF (OVM)
  28. Pacer Swan SOS Conservative December ETF (PSCX)
  29. Pacer Swan SOS Flex December ETF (PSFD)
  30. Pacer Swan SOS Moderate December ETF (PSMD)
  31. AdvisorShares Q Portfolio Blended Allocation ETF (QPT)
  32. ProShares Short Real Estate (REK)
  33. Sound Enhanced Fixed Income ETF (SDEF)
  34. ProShares Ultra Nasdaq Cloud Computing ETF (SKYU)
  35. Innovator 20+ Year Treasury Bond 5 Floor ETF - July (TFJL)
  36. Innovator S&P 500 Ultra Buffer ETF - November (UNOV)
  37. Simplify Volt Fintech Disruption ETF (VFIN)
  38. Simplify Volt Pop Culture Disruption ETF (VPOP)
  39. Direxion World Without Waste ETF (WWOW)
  40. Franklin Templeton ETF Trust-Franklin Exponential Data ETF (XDAT)
  41. First Trust Exchange-Traded Fund VIII-FT Cboe Vest International Equity Buffer E (YDEC)

The 11 ETFs/ETNs removed from ETF Deathwatch due to improved health:

  1. FlexShares Real Assets Allocation Index Fund (ASET)
  2. FT Cboe Vest US Equity Deep Buffer ETF - JUN (DJUN)
  3. ALPS Emerging Sector Dividend Dogs ETF (EDOG)
  4. Credit Suisse S&P MLP Index ETN (MLPO)
  5. O'Shares Europe Quality Dividend ETF (OEUR)
  6. Virtus Seix Senior Loan ETF (SEIX)
  7. Innovator S&P 500 Ultra Buffer ETF June (UJUN)
  8. Loncar China Biopharma ETF (CHNA)
  9. First Trust Brazil AlphaDEX Fund (FBZ)
  10. Qraft AI-Enhanced US High Dividend ETF (HDIV)
  11. AdvisorShares STAR Global Buy-Write ETF (VEGA)

The 1 ETF/ETN removed from ETF Deathwatch due to liquidation:

  1. Amplify CrowdBureau Online Lending & Digital Banking ETF (LEND)



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