Market insights and analysis

In June, 46 exchange-traded products (“ETPs”) were added to the ETF Deathwatch list, and 18 were removed, bringing the total up to 504.

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”), though they may have enough AUM to avoid closure. Our system takes into account both AUM and volume. If both remain low, these funds could be considered for closure.

Two products were removed due to delisting, and 16 products were removed due to improved health.

Forty-three ETPs on ETF 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 $8.50 million to $8.47 million, and 50 products had less than $2 million in assets. The average age of products on the list decreased from 45.37 months to 44.65 months, and the number of products at least 5 years of age increased from 99 to 102. The largest ETP on the list had an AUM of $24.79 million, while the smallest had assets of just $458,800.

Here is the complete list of 504 ETPs on ETF Deathwatch for June 2024 compiled using the objective ETF Deathwatch Criteria.

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

1. Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS)
2. JPMorgan BetaBuilders US Treasury Bond 20+ Year ETF (BBLB)
3. Virtus LifeSci Biotech Product ETF (BBP)
4. Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP)
5. Franklin Disruptive Commerce ETF (BUYZ)
6. Xtrackers California Municipal Bond ETF (CA)
7. VanEck China Bond ETF (CBON)
8. ProShares Long Online/Short Stores ETF (CLIX)
9. Mast Global Battery Recycling & Production ETF (EV)
10. AB Corporate Bond ETF (EYEG)
11. Themes European Luxury ETF (FINE)
12. First Trust Core Investment Grade ETF (FTCB)
13. Themes Global Systemically Important Banks ETF (GSIB)
14. Innovator Premium Income 9 Buffer ETF-January (HJAN)
15. Vest 2 Year Interest Rate Hedge ETF (HYKE)
16. iShares iBonds Oct 2025 Term TIPS ETF (IBIB)
17. iShares LifePath Target Date 2030 ETF (ITDB)
18. Innovator Premium Income 10 Barrier ETF - January (JAND)
19. Innovator Premium Income 20 Barrier ETF - January (JANH)
20. Innovator Premium Income 30 Barrier ETF - January (JANJ)
21. PGIM US Large-Cap Buffer 12 ETF - January (JANP)
22. TrueShares Structured Outcome January ETF (JANZ)
23. Langar Global Healthtech ETF (LGHT)
24. Range Global LNG Ecosystem Index ETF (LNGZ)
25. Natixis Loomis Sayles Short Duration Income ETF (LSST)
26. Matthews China Discovery Active ETF (MCHS)
27. National Security Emerging Markets Index ETF (NSI)
28. Texas Capital Texas Oil Index ETF (OILT)
29. Direxion Daily Travel & Vacation Bull 2X Shares (OOTO)
30. WisdomTree US Short Term Corporate Bond Fund (QSIG)
31. PGIM US Large-Cap Buffer 20 ETF - January (PBJA)
32. PGIM Jennison Focused Mid-Cap ETF (PJFM)
33. PlanRock Alternative Growth ETF (PRAE)
34. PlanRock Market Neutral Income ETF (PRMN)
35. WisdomTree US Corporate Bond Fund (QIG)
36. Innovator Growth Accelerated Plus ETF-October (QTOC)
37. Invesco Alerian Galaxy Crypto Economy ETF (SATO)
38. ProShares Short SmallCap600 (SBB)
39. Texas Capital Texas Small Cap Equity Index ETF (TXSS)
40. WisdomTree Bianco Total Return Fund (WTBN)
41. F/m 10-Year Investment Grade Corporate Bond ETF (ZTEN)
42. F/m 2-Year Investment Grade Corporate Bond ETF (ZTWO)
43. Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)

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

1. Direxion Daily Cloud Computing Bull 2X Shares (CLDL)
2. Themes Cloud Computing ETF (CLOD)
3. Singlepoint Inc (SING)

ETPs removed from ETF Deathwatch due to delisting:

1. Tema Global Royalties ETF (ROYA)
2. WisdomTree US Corporate Bond Fund (WFIG)

ETPs removed from ETF Deathwatch due to improved health:

1. First Trust Active Factor Mid Cap ETF (AFMC)
2. Tema Oncology ETF (CANC)
3. ETRACS 2x Leveraged MSCI US ESG Focus TR ETN (ESUS)
4. First Trust Eurozone AlphaDEX Fund (FEUZ)
5. Future Fund Long/short ETF/The (FFLS)
6. American Century Multisector Floating Income ETF (FUSI)
7. Columbia International Equity Income ETF (INEQ)
8. Advisorshares Q Dynamic Growth ETF (QPX)
9. RiverFront Dynamic Core Income ETF (RFCI)
10. Avantis Moderate Allocation ETF (AVMA)
11. iShares MSCI Finland ETF (EFNL)
12. ProShares UltraShort MSCI Japan (EWV)
13. Global X India Active ETF (NDIA)
14. GraniteShares 2x Short TSLA Daily ETF (TSDD)
15. GraniteShares 1.25 Long TSLA Daily ETF (TSL)
16. US Treasury 20 Year Bond ETF (UTWY)