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.

ETF Deathwatch for August 2022

In August, 20 exchange-traded products (“ETPs”) were added to the list and 21 were removed, bringing the list total to 465.

Five products were removed due to improved health, and 16 were delisted.

Nineteen products were added to the list due to low trading volume. The low volume in these products could be due to the nature of their investment product. One addition was due to low assets under management (“AUM”). This ETP may have enough AUM to keep it from closure. However, our system takes into account both AUM and volume. If both remain low, all of these funds may be considered for closure.

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 increased from $8.59 million to $8.71 million, and 43 products had less than $2 million in assets. The average age of products on the list increased from 41.61 months to 41.70 months, and the number of products at least 5 years of age decreased from 103 to 102. The largest ETP on the list had an AUM of $24.49 million, while the smallest had assets of just $328,900.

Here is the Complete List of 465 ETFs and ETNs on ETF Deathwatch for August 2022 compiled using the objective ETF Deathwatch Criteria.

The 19 ETPs added to ETF Deathwatch for August due to low trading volume:

  1. Simplify Aggregate Bond Plus Credit Hedge ETF (AGGH)
  2. Global X Funds Global X Health & Wellness ETF (BFIT)
  3. Invesco BulletShares 2022 USD Emerging Markets Debt ETF (BSBE)
  4. SoFi Be Your Own Boss ETF (BYOB)
  5. Convergence Long/Short Equity ETF (CLSE)
  6. VanEck Digital India ETF (DGIN)
  7. SoFi Smart Energy ETF (ENRG)
  8. Fidelity Sustainable High Yield ETF (FSYD)
  9. Harbor Corporate Culture Leaders ETF (HAPY)
  10. JPMorgan ActiveBuilders International Equity ETF (JIDA)
  11. Rayliant Quantamental Emerging Market Equity ETF (RAYE)
  12. ALPS REIT Dividend Dogs ETF (RDOG)
  13. TrueShares Structured Outcome September ETF (SEPZ)
  14. WisdomTree Battery Value Chain and Innovation Fund (WBAT)
  15. WBI BullBear Trend Switch US 3000 Total Return ETF (WBIT)
  16. BondBloxx USD High Yield Bond Consumer Cyclicals Sector ETF (XHYC)
  17. BondBloxx USD High Yield Bond Consumer Non-Cyclicals Sector ETF (XHYD)
  18. BondBloxx USD High Yield Bond Financial & REIT Sector ETF (XHYF)
  19. BondBloxx USD High Yield Bond Healthcare Sector ETF (XHYH)

 The 1 ETP added to ETF Deathwatch due to low AUM:

  1. BondBloxx USD High Yield Bond Telecom Media & Technology Sector ETF (XHYT)

 The 5 ETPs removed from ETF Deathwatch due to improved health:

  1. First Trust EIP Carbon Impact ETF (ECLN)
  2. ETFMG US Alternative Harvest ETF (MJUS)
  3. Credit Suisse S&P MLP Index ETN (MLPO)
  4. Franklin U.S. Equity Index ETF (USPX)
  5. Innovator US Equity Accelerated ETF-October (XDOC)

The 16 ETPs removed from ETF Deathwatch due to delisting:

  1. Elements Spectrum ETN (EEH)
  2. DriveWealth Power Saver ETF (EERN)
  3. iShares MSCI Japan Equal Weighted ETF (EWJE)
  4. Global Beta Rising Stars ETF (GBGR)
  5. Global Beta Low Beta ETF (GBLO)
  6. iShares Currency Hedged JPX-Nikkei 400 ETF (HJPX)
  7. iShares Evolved US Consumer Staples ETF (IECS)
  8. iShares Evolved US Financials ETF (IEFN)
  9. iShares Evolved US Media and Entertainment ETF (IEME)
  10. AdvisorShares North Square McKee ESG Core Bond ETF (MENV)
  11. iShares MSCI USA Mid-Cap Multifactor ETF (MIDF)
  12. SoFi Smart Energy ETF (SHFT)
  13. Defiance NextGen SPAC Derived ETF (SPAK)
  14. Morgan Creek-Exos SPAC Originated ETF (SPXZ)
  15. DriveWealth Steady Saver ETF (STBL)
  16. wShares Enhanced Gold ETF (WGLD)

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