Market insights and analysis

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

1st Quarter | 2024

Quarterly recap



Current market environment performance of dynamic, risk-managed investment solutions.

In April, 37 exchange-traded products (“ETPs”) were added to the list, and 20 were removed, bringing the total to 453.

Among the additions, 30 were due to low trading volume. The low volume in these products could be due to the nature of their investment product. Seven 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.  

Six products were removed due to delisting, and 14 products 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 $8.85 million to $8.36 million, and 39 products had less than $2 million in assets. The average age of products on the list decreased from 47.59 months to 46.54 months, and the number of products at least 5 years of age increased from 95 to 96. The largest ETP on the list had an AUM of $24.53 million, while the smallest had assets of just $265,300.

Here is the complete list of 453 ETPs on ETF Deathwatch for April 2024 compiled using the objective ETF Deathwatch criteria.

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

  1. Kurv Yield Premium Strategy Apple AAPL ETF (AAPY)
  2. JPMorgan BetaBuilders US Treasury Bond 3-10 Year ETF (BBIB)
  3. Honeytree US Equity ETF (BEEZ)
  4. BlackRock Large Cap Core ETF (BLCR)
  5. Brendan Wood TopGun ETF (BWTG)
  6. Kingsbarn Dividend Opportunity ETF (DVDN)
  7. Global X MSCI Emerging Markets Covered Call ETF (EMCC)
  8. ProShares Decline of the Retail Store ETF (EMTY)
  9. Eaton Vance Intermediate Municipal Income ETF (EVIM)
  10. First Trust Germany AlphaDEX Fund (FGM)
  11. GGM Macro Alignment ETF (GGM)
  12. Kurv Yield Premium Strategy Google GOOGL ETF (GOOP)
  13. Innovator International Developed Power Buffer ETF - November (INOV)
  14. iShares LifePath Retirement ETF (IRTR)
  15. iShares LifePath Target Date 2025 ETF (ITDA)
  16. JPMorgan Healthcare Leaders ETF (JDOC)
  17. John Hancock Fundamental All Cap Core ETF (JHAC)
  18. John Hancock Dynamic Municipal Bond ETF (JHMU)
  19. Roundhill S&P Dividend Monarchs ETF (KNGS)
  20. LG QRAFT AI-Powered US Large Cap Core ETF (LQAI)
  21. Kurv Yield Premium Strategy Microsoft MSFT ETF (MSFY)
  22. AllianzIM US Large Cap Buffer10 Nov ETF (NVBT)
  23. Innovator Premium Income 30 Barrier ETF - October (OCTJ)
  24. Invesco S&P SmallCap Financials ETF (PSCF)
  25. Global X Russell 2000 Covered Call & Growth ETF (RYLG)
  26. First Trust Bloomberg Shareholder Yield ETF (SHRY)
  27. Simplify US Equity PLUS QIS ETF (SPQ)
  28. Texas Capital Texas Equity Index ETF (TXS)
  29. BrandywineGLOBAL US Fixed Income ETF (USFI)
  30. Vesper US Large Cap Short-Term Reversal Strategy ETF (UTRN)

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

  1. Kurv Yield Premium Strategy Amazon AMZN ETF (AMZP)
  2. Direxion Daily Electric & Autonomous Vehicles Bull 2X Shares (EVAV)
  3. iShares LifePath Target Date 2060 ETF (ITDH)
  4. iShares LifePath Target Date 2065 ETF (ITDI)
  5. Kurv Yield Premium Strategy Netflix NFLX ETF (NFLP)
  6. ProShares Short Ether Strategy ETF (SETH)
  7. Kurv Yield Premium Strategy Tesla TSLA ETF (TSLP)

ETPs removed from ETF Deathwatch due to delisting:

  1. Global X Data Center & Digital Infrastructure ETF (DTCR)
  2. AGF Global Infrastructure ETF (GLIF)
  3. IM Rba Responsible Global Allocation ETF (IRBA)
  4. ETF Series Solutions-Carbon ETF (KARB)
  5. ProShares S&P 500 Bond ETF (SPXB)
  6. IQ Ultra Short Duration ETF (ULTR)

ETPs removed from ETF Deathwatch due to improved health:

  1. Avantis International Small Cap Equity ETF (AVDS)
  2. WisdomTree Trust - WisdomTree Emerging Markets Multifactor Fund (EMMF)
  3. Unusual Whales Subversive Republican Trading ETF (KRUZ)
  4. MUSQ Global Music Industry ETF (MUSQ)
  5. Overlay Shares Municipal Bond ETF (OVM)
  6. Hartford Multifactor Emerging Markets ETF (ROAM)
  7. Simplify US Equity PLUS Upside Convexity ETF (SPUC)
  8. Global X Information Technology Covered Call & Growth ETF (TYLG)
  9. Global X MSCI Vietnam ETF (VNAM)
  10. Roundhill Cannabis ETF (WEED)
  11. Foundations Dynamic Value ETF (FDVL)
  12. Ishares Focused Value Factor ETF (FOVL)
  13. Pacer Swan SOS Conservative April ETF (PSCW)
  14. Invesco Bloomberg Analyst Rating Improvers ETF (UPGD)

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