ETF Deathwatch: First quarter 2026

In the first quarter of 2026, 197 exchange-traded products (“ETPs”) were added to the ETF Deathwatch list and 72 were removed, bringing the total up to 842.

Among the additions this quarter, two were due to low assets under management (“AUM”) and 195 were due to low trading volume. The low volume may be related to the nature of their investment products. Our system takes both AUM and volume into account. If both remain low, these funds could be considered for closure.

Among the removals for the quarter, 15 were due to delisting and 57 were due to improved health.

The average age of products on the list decreased from 45.94 months to 41.33 months, while the number of products at least 5 years old increased to 155. Seventy-one ETPs on Deathwatch this quarter 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 $10.21 million to $9.68 million, and 96 products had assets of less than $2 million. The largest ETP on the list had an AUM of $24.93 million, while the smallest had assets of just $152,730.

Here is the complete list of 842 ETPs on ETF Deathwatch for Q1 2026, compiled using the objective ETF Deathwatch Criteria.

ETPs added to ETF Deathwatch in Q1 2026 due to low trading volume:

1. TEMA ALTER ASSET MGRS ETF (AAUM)
2. A/C SM CAP GRWTH INSIGHTS (ACSG)
3. A/C SM CAP VALUE INSIGHTS (ACSV)
4. T-REX 2X LG AFRM DA TAR ETF (AFRU)
5. SOFI AGENTIC AI ETF (AGIQ)
6. DEFIANCE LEV LONG + INC AMD (AMDU)
7. GRANITE YIELDBOOST AMD ETF (AMYY)
8. DEFIANCE DT 2X LG ANET ETF (ANEL)
9. APTUS APRIL BUFFER ETF (APRB)
10. ARK DIET Q4 BUFFER ETF (ARKT)
11. VIRTUS ALPASIMP GLBL MCR ETF (ASGM)
12. TRADR 2X LONG AUR DAILY ETF (AURU)
13. T-REX 2XL AXON D TAR ETF (AXUP)
14. GRANITE YIELDBOOST AMZN ETF (AZYY)
15. LIFEX 2030 INCOME BUCKET ETF (BCKT)
16. FT VEST BITCOIN SF15 ETF-OCT (BFOC)
17. TUTL CP IBIT 0DTE CVR CL ETF (BITK)
18. VanEck Vectors Gaming ETF (BJK)
19. GRAYSCALE BTC COV CALL ETF (BTCC)
20. Valkyrie Bitcoin Strategy ETF (BTF)
21. LEVERAGE SHARES 2X BULL (BULG)
22. T-REX 2X LNG BULL D TRGT ETF (BULU)
23. GRANITE 2X LONG BULL ETF (BULX)
24. CALAMOS LDDR BITCOIN STR ALT (CBOL)
25. CALAMOS BITCOIN STR A/P-OCT (CBOO)
26. CALAMOS LDDR BITCOIN 80 SER (CBTL)
27. CALAMOS LADDERED BITCOIN 90 (CBXL)
28. CALAMOS BITCOIN 90 STR-OCT (CBXO)
29. TRADR 2X LONG CELH DAILY ETF (CELT)
30. GLOBAL X S&P 500 CHR VAL ETF (CHRI)
31. CROSSMARK LRG CAP GROWTH ETF (CLCG)
32. CROSSMARK LARGECAPVALUE ETF (CLCV)
33. RAYLIANT-CHINAAMC TR C T ETF (CNQQ)
34. PROSHARES ULTRA COIN (COIA)
35. LVRG SHR 2X CA COIN M ETF (COIO)
36. LEVERAGE SHARES 2X COST (COTG)
37. F/M CMPNDR HGH YIELD BND ETF (CPHY)
38. Calamos Russell 2000 Structured Alt Protection ETF-July (CPRJ)
39. DIGITAL ASSET DEBT STRAT ETF (DADS)
40. INNV EQTY DD 10 BUF ETF-SEP (DDTS)
41. FT RBA DEGLOBALIZATION ETF (DGLO)
42. FT VEST US EB & DR ETF - OCT (DGOC)
43. COINSHARES ALTCOINS ETF (DIME)
44. DEFIANC D TRGT 2X L DKNG ETF (DKNX)
45. T-REX 2X LONG DKNG DT ETF (DKUP)
46. FT VEST US EQT DD BUFF AUG (DLAG)
47. TRADR 2X LONG DDOG DAILY ETF (DOGD)
48. REX-OSPREY DOGE ETF (DOJE)
49. VISTSHR TR 15 DRUKMC DIS ETF (DRKY)
50. WEBS DEFINED VOLATILITY XLI (DVIN)
51. WEBS DEFINED VOLATILITY XLRE (DVRE)
52. WEBS DEFINED VOLATILITY XLU (DVUT)
53. WEBS DEFINED VOLATILITY XLB (DVXB)
54. WEBS DEFINED VOLATILITY XLC (DVXC)
55. WEBS DEFINED VOLATILITY XLE (DVXE)
56. WEBS DEFINED VOLATILITY XLF (DVXF)
57. WEBS DEFINED VOLATILITY XLK (DVXK)
58. WEBS DEFINED VOLATILITY XLP (DVXP)
59. WEBS DEFINED VOLATILITY XLV (DVXV)
60. WEBS DEFINED VOLATILITY XLY (DVXY)
61. AMPLIFY ETHEREUM MAX INC CVR (EHY)
62. TRADR 2X LONG ENPH DAILY ETF (ENPX)
63. REX-OSPREY ETH + STAKING ETF (ESK)
64. EVENTIDE LARG CAP GROWTH ETF (ESLG)
65. EVENTIDE LARGE CAP VALUE ETF (ESLV)
66. EVENTIDE SMALL CAP ETF (ESSC)
67. GRAYSCALE ETHER COV CALL ETF (ETCO)
68. DEF LEVER LG + INC ETHER ETF (ETHI)
69. GRANITE 2X LONG ETOR ETF (ETRL)
70. AMPLIFY ETHEREUM 3% MNTH OPT (ETTY)
71. ALPHADROID B MARK MOM ETF (EZMO)
72. DIREXION DAILY F BEAR 1X ETF (FRDD)
73. DIREXION DAILY F BULL 2X ETF (FRDU)
74. FRK DIVIDEND GROWTH ETF (FRIZ)
75. American Century Multisector Floating Income ETF (FUSI)
76. LEVERAGE SHARES 2X FUTU ETF (FUTG)
77. LEVERAGE SHARES 2X GXLY (GLGG)
78. YM GME OPT INC STRAT ETF (GMEY)
79. TRADR 2X LONG GS DAILY ETF (GSX)
80. GLOBAL X US 500 ETF (GXLC)
81. GLOBAL X PURECAP ENERGY (GXPE)
82. DEFIANCE LEV LONG+INC HIMS (HIMY)
83. HARBOR ALPHA LAYERING ETF (HOLD)
84. DEFIANCE LEV LONG+INC HOOD (HOOI)
85. GRANITE YIELDBOOST HOOD ETF (HOYY)
86. BITWISE CRCL INCOME STRTY (ICRC)
87. BITWISE ETH INCM STRTY ETF (IETH)
88. AB INTERNATIONAL GROWTH ETF (IGGY)
89. BITWISE MSTR INCOME STRAT (IMST)
90. GRANITE 2X LONG ISRG ETF (ISUL)
91. TEMA INTL DURABLE QLTY ETF (ITOL)
92. JANUS HEN GLOBAL AI ETF (JHAI)
93. Janus Henderson Mid Cap Growth Alpha ETF (JMID)
94. Janus Henderson U.S. Real Estate ETF (JRE)
95. TrueShares Structured Outcome July ETF (JULZ)
96. KRANESHARES 2X LN JD DAI ETF (KJD)
97. Leatherback Long/Short Alternative Yield ETF (LBAY)
98. LIFEX 2028 INCOME BUCKET ETF (LIFT)
99. DEFIANCE DT 2X SHO LLY ETF (LLYZ)
100. DEF DAILY TARG 2X L LMND ETF (LMNX)
101. DIREXION DLY LMT BULL 2X ETF (LMTL)
102. DIREXION DLY LMT BEAR 1X ETF (LMTS)
103. TRADR 2X LONG LYFT DAILY ETF (LYFX)
104. MAN ACTIVE INCOME ETF (MANI)
105. PCR S&P MC 400 Q FCF ARIST (MCOW)
106. ROUNDHILL MEME STOCK ETF (MEME)
107. Mindful Conservative ETF (MFUL)
108. MAN ACTIVE HIGH YIELD ETF (MHY)
109. MUFG JAPAN S CAP ACTIVE ETF (MJSC)
110. LVRG SHR 2X ACLR MSTR M ETF (MSOO)
111. GRANITE YIELDBOOST MSTR ETF (MTYY)
112. FRANKLIN MULTISECTO INCO ETF (MULT)
113. NORTHN T30 TAX-EX DIST L ETF (MUNA)
114. NORTH TRUST 2035 T-E D L ETF (MUNB)
115. NT 2045 TAX-EXM DIST LDR ETF (MUNC)
116. NORTHERN TR 2055 TAX-EXE DL (MUND)
117. MUSQ Global Music Industry ETF (MUSQ)
118. SPDR SSGA MY2035 CORP BOND (MYCO)
119. SPDR SSGA MY2031 MUNI BOND (MYMK)
120. Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD)
121. TRADR 2X LONG NET DAILY ETF (NETX)
122. Direxion Daily NFLX Bear 1X Shares (NFXS)
123. PROSHARES ULTRA NVDA (NVDB)
124. LEV SH 2X CA ACC NVDA M ETF (NVDO)
125. TRADR 2X LNG OKTA DAILY ETF (OKTX)
126. ARROW VALTORO ETF (ORO)
127. DEF DAILY T2X LONG OSCR (OSCX)
128. PICTET AI & AUTOMATION ETF (PBOT)
129. PICTET CLEANER PLANET (PCLN)
130. SIMPLIFY VETTAFI PRV CRD STR (PCR)
131. LEV 2X ACC PLTR M ETF (PLOO)
132. DEFIANCE LEV LONG+INC PLTR (PLT)
133. PROSHARES ULTRA PLTR (PLTA)
134. GRANITE YIELDBOOST PLTR ETF (PLYY)
135. PGIM S&P 500 MB ETF-AUG (PMAU)
136. PGIM S&P 500 MAX BUF ETF-OCT (PMOC)
137. PGIM S&P 500 MF ETF - SEP (PMSE)
138. TRADR 2X LNG PONY DLY ETF (PONX)
139. PICTET AI ENHANCED IE ETF (PQNT)
140. T-REX 2XL UPXI DLT ETF (PXIU)
141. PROSHARES ULTRA QQQ TOP 30 (QQXL)
142. Innovator Growth-100 Accelerated Plus ETF-April (QTAP)
143. Innovator Growth Accelerated Plus ETF - January (QTJA)
144. YM RBLX OPTION INC STRAT ETF (RBLY)
145. FT BLOOMBERGNUCLEARPOWER ETF (RCTR)
146. RJ EAGLE VERTICAL INCOME ETF (RJVI)
147. ProShares Ultra SmallCap600 (SAA)
148. PCR S&P SC 600 Q FCF ARST (SCOW)
149. DIREXION DAILY SHOP BE 1X ETF (SHPD)
150. DIRXION DLY SHOP BULL 2X ETF (SHPU)
151. YIELDMAX ULTR SH OPT INC STR (SLTY)
152. DEFIANCE LEV LNG+INC SMCI (SMCC)
153. GRANITE YIELDBOOST SMCI ETF (SMYY)
154. SPDR PORT ULTRA SHRT T-BILL (SPTU)
155. XTRCKR S&P 500 DI SCTR W ETF (SPXD)
156. ProShares UltraShort Real Estate (SRS)
157. SMART TREND 25 ETF (STRN)
158. Innovator 20+ Year Treasury Bond 9 Buffer ETF - July (TBJL)
159. DX D BIOTECH T 5 BULL 2X ETF (TBXU)
160. Simplify Volt TSLA Revolution ETF (TESL)
161. DIREXION DLY ET5 BULL 2X ETF (TEXU)
162. PROSPERA INCOME ETF (THRV)
163. NORTH TRUST 2035 I-L D L ETF (TIPA)
164. NORTHERN T35 INF DIST L ETF (TIPB)
165. NORTHERN T45 INF DIST L ETF (TIPC)
166. NORTHN T55 INF DIST L ETF (TIPD)
167. INNOVATOR ED P 2 YR TO OCT27 (TOCT)
168. LIONSHARES US EQ TOT RET ETF (TOT)
169. ANGEL OAK TOTAL RETURN ETF (TRBF)
170. DEFIANCE TRILLION DC IDX ETF (TRIL)
171. PROSHARES ULTRA TSLA (TSLI)
172. LEV 2X ACC TSLA M ETF (TSLO)
173. DRXN D SMIC T 5 BEAR 2X ETF (TSXD)
174. DX D SMICO TOP 5 BULL 2X ETF (TSXU)
175. DX D TECH TOP 5 BEAR 2X ETF (TTXD)
176. DIREXION TECH T5 BULL 2X ETF (TTXU)
177. FT US EQ UCPD ACCL ETF - JUL (UXJL)
178. TRADR 2X LNG VOYG DLY ETF (VOYX)
179. WBI BullBear Value 1000 ETF (WBIF)
180. WISDOMTREE ASIA DEFENSE FD (WDAF)
181. WISDOMTREE GLOBL DEF FD (WDGF)
182. OPPORTUNISTIC TRADER ETF (WZRD)
183. BondBloxx USD High Yield Bond Healthcare Sector ETF (XHYH)
184. MTRL SEL SECT SPDR PREM INC (XLBI)
185. COMM SEL SECT SPDR PREM INC (XLCI)
186. FIN SEL SECT SPDR PREM INC (XLFI)
187. IND SEL SECT SPDR PREM INC (XLII)
188. TECH SEL SECT SPDR PREM INC (XLKI)
189. RL EST SEL SECT SPDR PRM INC (XLRI)
190. CON STP SEL SCT SPDR PRM INC (XLSI)
191. UTIL SEL SECT SPDR PREM INC (XLUI)
192. HLTH SEL SECT SPDR PREM INC (XLVI)
193. CON DIS SEL SCT SPDR PRM INC (XLYI)
194. Innovator Equity Accelerated Plus ETF-April (XTAP)
195. F/M CALLABLE TAX-FRE MUN ETF (ZMUN)

ETPs added to ETF Deathwatch in Q1 2026 due to low AUM:

1. TRADR 2X LONG MDB DAILY ETF (MDBX)
2. AMG GW&K MUNI INCOME ETF (UNX)

ETPs removed from ETF Deathwatch in Q1 2026 due to delisting:

1. The Alger ETF Trust (AWEG)
2. Precidian ETFs Trust (AZNH)
3. Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC)
4. Invesco BulletShares (R) 2025 Municipal Bond ETF (BSMP)
5. Valkyrie Bitcoin Futures Leveraged Strategy ETF (BTFX)
6. Democracy International Fund (DMCY)
7. Invesco MSCI Green Building ETF (GBLD)
8. Goldman Sachs U.S. Large Cap Buffer 3 ETF (GBXC)
9. Intelligent Livermore ETF (LIVR)
10. Invesco ESG NASDAQ Next Gen 100 ETF (QQJG)
11. First Trust Exchange-Traded Fund VIII (RJMG)
12. Reverb ETF (RVRB)
13. CrossingBridge Ultra-Short Duration ETF (SPC)
14. Invesco S&P 500 Minimum Variance ETF (SPMV)
15. Defiance Daily Target 2x Long PM ETF (XPM)

ETPs removed from ETF Deathwatch in Q1 2026 due to improved health:

1. Global X Clean Water ETF (AQWA)
2. JPMorgan BetaBuilders US Treasury Bond 20+ Year ETF (BBLB)
3. Themes Robotics & Automation Etf (BOTT)
4. VanEck Vectors Brazil Small-Cap ETF (BRF)
5. T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ)
6. Breakwave Tanker Shipping ETF (BWET)
7. Teucrium Sugar Fund (CANE)
8. Carbon Collective Short Duration Green Bond ETF (CCSB)
9. Xtrackers Semiconductor Select Equity Etf (CHPS)
10. iShares International Country Rotation Active ETF (CORO)
11. CALMS S&P 500 S PR ETF - FEB (CPSF)
12. CAL S&P 500 ST ALT P ETF - M (CPSR)
13. CALAMOS S&P 500 SAP ETF JAN (CPSY)
14. TIDAL TRUST II - Grizzle Growth ETF (DARP)
15. DoubleLine Commodity Strategy ETF (DCMT)
16. PGIM US Large-Cap Buffer 12 ETF - December (DECP)
17. Doubleline Fortune 500 Equal Weight ETF (DFVE)
18. Ocean Park Diversified Income ETF (DUKZ)
19. Innovator Emerging Markets 10 Buffer ETF - Quarterly (EBUF)
20. ProShares Short MSCI EAFE (EFZ)
21. ProShares Equities For Rising Rates ETF (EQRR)
22. Fidelity Fundamental Emerging Markets ETF (FFEM)
23. First Trust Latin America AlphaDEX Fund (FLN)
24. First Trust Nasdaq Pharmaceuticals ETF (FTXH)
25. Goldman Sachs Ultra Short Municipal Income ETF (GUMI)
26. iShares Energy Storage & Materials ETF (IBAT)
27. GMO INVESTMENT GRADE CREDIT (INVG)
28. iShares LifePath Target Date 2060 ETF (ITDH)
29. John Hancock Core Bond ETF (JHCR)
30. INVTR US S CP PR BFR ETF - M (KMAR)
31. SMPLFY KYN ANDR EN & INFR CR (KNRG)
32. Direxion Daily MSCI Mexico Bull 3x Shares (MEXX)
33. Cambria Chesapeake Pure Trend ETF (MFUT)
34. Amplify Natural Resources Dividend Income ETF (NDIV)
35. GRANITE 2X LONG NOW ETF (NOWL)
36. Pacer Nasdaq International Patent Leaders ETF (PATN)
37. PGIM US Large-Cap Buffer 20 ETF - February (PBFB)
38. PGIM US Large-Cap Buffer 20 ETF - March (PBMR)
39. PGIM US Large-Cap Buffer 20 ETF - November (PBNV)
40. PGIM NDQ-100 BUFR 12 ETF JAN (PQJA)
41. Direxion Daily Concentrated QS Bear 1x Shares (QQQD)
42. PCR CSH COWZ 100N 100R (QQWZ)
43. Strategas Macro Momentum Etf (SAMM)
44. YieldMax Target 12 Semiconductor Option Income ETF (SOXY)
45. NEOS S&P 500 HDG EQ INC ETF (SPYH)
46. Teucrium Agricultural Fund (TAGS)
47. T ROWE PRICE INTER ER ETF (TIER)
48. Xtrackers US 0-1 Year Treasury ETF (TRSY)
49. T ROWE PRICE NAT RES ETF (TURF)
50. ProShares Ultra High Yield (UJB)
51. Themes Uranium & Nuclear ETF (URAN)
52. First Trust WCM Developing World Equity ETF (WCME)
53. MicroSectors Energy 3X Leveraged ETN (WTIU)
54. Xtrackers S&P 100 Ex Top 20 ETF (XOEX)
55. Direxion Daily Googl Bear 1x Shares (GGLS)
56. Direxion Daily MSFT Bear 1x Shares (MSFD)
57. ProShares Short Ether Strategy ETF (SETH)