Market insights and analysis

In December, 46 exchange-traded products (“ETPs”) were added to the ETF Deathwatch list and 17 were removed, bringing the list total up to 555 ETPs.

Among the additions, 43 were due to low trading volume. The low volume in these products could be due to the nature of their investment product. Three additions were due to low assets under management (“AUM”). Our system takes into account both AUM and volume. If both remain low, these funds could be considered for closure.  

Fifteen products were removed due to delisting, and two were removed due to improved health.

Forty-three ETPs on Deathwatch this month 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 decreased from $9.07 million to $8.64 million, and 59 products had less than $2 million in assets. The average age of products on the list decreased from 42.73 months to 42.64 months, and the number of products at least 5 years of age decreased from 95 to 98. The largest ETP on the list had an AUM of $24.35 million, while the smallest had assets of just $6,600.

Here is the complete list of 555 ETPs on ETF Deathwatch for December 2024 compiled using the objective ETF Deathwatch Criteria.

ETPs added to ETF Deathwatch for December due to low trading volume:

1. American Century Large Cap Growth ETF (ACGR)
2. TrueShares Structured Outcome August ETF (AUGZ)
3. AAM Brentview Dividend Growth ETF (BDIV)
4. iShares Long-Term U.S. Equity Active ETF (BELT)
5. VanEck China Bond ETF (CBON)
6. Range Global Coal Index ETF (COAL)
7. Unity Wealth Partners Dynamic Capital Appreciation & Options Etf (DCAP)
8. Ocean Park International ETF (DUKX)
9. Ocean Park Diversified Income ETF (DUKZ)
10. Harbor AlphaEdge Small Cap Earners ETF (EBIT)
11. First Trust S&P 500 Economic Moat Index ETF (EMOT)
12. Federated Hermes MDT Large Cap Core ETF (FLCC)
13. Federated Hermes MDT Large Cap Growth ETF (FLCG)
14. First Trust Nasdaq Pharmaceuticals ETF (FTXH)
15. Goldman Sachs Dynamic California Municipal Income ETF (GCAL)
16. Goldman Sachs Dynamic New York Municipal Income ETF (GMNY)
17. Goldman Sachs Municipal Income ETF (GMUB)
18. Global X Thematic Growth ETF (GXTG)
19. Innovator Premium Income 9 Buffer ETF - July (HJUL)
20. iShares LifePath Target Date 2050 ETF (ITDF)
21. FT Vest US Equity Max Buffer ETF - July (JULM)
22. Kurv Technology Titans Select ETF (KQQQ)
23. JPMorgan Fundamental Data Science Large Core ETF (LCDS)
24. Innovator Premium Income 15 Buffer ETF - July (LJUL)
25. Cambria LargeCap Shareholder Yield ETF (LYLD)
26. JPMorgan Fundamental Data Science Mid Core ETF (MCDS)
27. Innovator Growth-100 Power Buffer ETF - August (NAUG)
28. Octane All-Cap Value Energy ETF (OCTA)
29. PGIM US Large-Cap Buffer 12 ETF - October (OCTP)
30. Direxion Daily Crypto Industry Bear 1X Shares (REKT)
31. Emerging Markets Equity Select ETF (RNEM)
32. AAM Sawgrass US Large Cap Quality Growth ETF (SAWG)
33. AAM Sawgrass US Small Cap Quality Growth ETF (SAWS)
34. InfraCap Small Cap Income ETF (SCAP)
35. JPMorgan Fundamental Data Science Small Core ETF (SCDS)
36. PGIM US Large-Cap Buffer 12 ETF - September (SEPP)
37. AllianzIM US Large Cap 6 Month Buffer10 Feb/Aug ETF (SIXF)
38. Strive International Developed Markets ETF (STXI)
39. T Rowe Price Intermediate Municipal Bond (TAXE)
40. Simplify Volt TSLA Revolution ETF (TESL)
41. US Treasury 3 Year Note ETF (UTRE)
42. BondBloxx USD High Yield Bond Energy Sector ETF (XHYE)
43. Acruence Active Hedge U.S. Equity ETF (XVOL)

ETPs added to ETF Deathwatch for December due to low AUM:

1. Ocean Park High Income ETF (DUKH)
2. Ocean Park Domestic ETF (DUKQ)
3. ProShares Short FTSE China 50 (YXI)

ETPs removed from ETF Deathwatch for December due to delisting:

1. Newday Ocean Health ETF (AHOY)
2. American Century Large Cap Growth ETF (ESGY)
3. Cambria Global Tail Risk ETF (FAIL)
4. Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN)
5. Goldman Sachs North American Pipelines & Power Equity Etf (GPOW)
6. Goldman Sachs Future Real Estate And Infrastructure Equity ETF (GREI)
7. Innovator Premium Income 9 Buffer ETF-January (HJAN)
8. FlexShares International Quality Dividend Defensive Index Fund (IQDE)
9. Innovator Premium Income 10 Barrier ETF - January (JAND)
10. Innovator Premium Income 40 Barrier ETF - January (JANQ)
11. Jacob Forward ETF (JFWD)
12. LHA Market State Alpha Seeker ETF (MSVX)
13. Harbor Energy Transition Strategy ETF (RENW)
14. Simplify Volt TSLA Revolution ETF (VCAR)
15. Innovator US Equity Accelerated ETF - January (XDJA)

ETPs removed from ETF Deathwatch for December due to improved health:

1. ProShares Trust-S&P 500 EX-Health Care ETF (SPXV)
2. Strive Mid-Cap ETF (STXM)