ETF Industry KPI – 3/01/2021

Week of February 22, 2021 KPI Summary

This week, there were 7 new ETF launches and, like last week, there were no closures. However, the Open-to-Close ratio fell from 1.02 to 1.00. There was a -2.15% change in US ETF assets, dropping from $5.84 Tn to $5.71 Tn. ETF expense ratio revenue also dropped from $10.82 Bn to $10.56 Bn. So far in 2021, traditional financials expressed by the S&P Financial Select Sector Index have outperformed TETF index. As of Feb 28, TETF index is only up 6.47% versus S&P Financials at 9.63%. That said, strong performance in 2020 still shows that the 12-month performance of TETF index at 45.65% far exceeds the returns of the broad financial sector index at 24.56%.

ETF Launches

Global X China Disruption ETF (ticker: KEJI)
Xtrackers S&P MidCap 400 ESG ETF (ticker: MIDE)
Xtrackers S&P SmallCap 600 ESG ETF (ticker: SMLE)
ALPS Active REIT ETF (ticker: REIT)
Corbett Road Tactical Opportunity ETF (ticker: OPPX)
Humankind US Stock ETF (ticker: HKND)
Invesco International Developed Dynamic Multifactor ETF (ticker: IMFL)

ETF Closures


TETF.Index Performance vs. S&P Financial Select Sector Index
(as of February 26, 2021)

TETF.Index Performance vs. Other Leading Financial Indices
(March 31, 2017 through February 26, 2021)

Why Follow the ETF Industry KPIs

The team at Toroso Investments began tracking the ETF Industry Key Performance Indicators (KPI’s) in the early 2000’s and have been consistently reporting on, and analyzing these metrics ever since. The table above was the impetus for the creation of the TETF.Index, the index that tracks the ETF industry. Each week, we will share the statistics we believe to be the most useful for identifying industry trends, in addition to the performance of the TEFT.Index.


Past performance is no guarantee of future returns. This article is for informational and educational purposes only; is not intended to constitute legal, tax, accounting or investment advice; and does not constitute an offer to sell or a solicitation of an offer to buy any security or service. Furthermore, the Indexes shown above are not investable. While Toroso has gathered the information presented from sources that it believes to be reliable, Toroso cannot guarantee the accuracy or completeness of the information presented and the information presented should not be relied upon as such. Any opinions expressed are Toroso’s opinions and do not reflect the opinions of any affiliates or related persons. All opinions are current only as of the date of initial publication and are subject to change without notice. All investment strategies and investments involve risk of loss, including the possible loss of all amounts invested.

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