Market insights and analysis

In June, 27 exchange-traded products (“ETPs”) were added to the ETF Deathwatch list, and 58 were removed, bringing the total to 743.

Among the additions, 26 were due to low trading volume. The low volume could be due to the nature of their investment products. One addition was due to low assets under management (“AUM”). Our system takes into account both AUM and volume. If both remain low, these funds could be considered for closure.

Among the removals, 18 were due to delisting and 40 were due to improved health.

Seventy-two 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 $10.37 million to $10.32 million, and 83 products had assets of less than $2 million. The average age of products on the list decreased from 45.26 months to 44.77 months, and the number of products at least 5 years of age decreased to 139. The largest ETP on the list had an AUM of $24.98 million, while the smallest had assets of just $500,000.

Here is the complete list of 743 ETPs on ETF Deathwatch for June 2025 compiled using the objective ETF Deathwatch Criteria.

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

1. Alpha Architect Aggregate Bond ETF (BOXA)
2. Direxion Daily BRKB Bear 1X Shares (BRKD)
3. Teucrium 2x Daily Corn ETF (CXRN)
4. WEBs Defined Volatility QQQ ETF (DVQQ)
5. WEBs Defined Volatility SPY ETF (DVSP)
6. NestYield Total Return Guard ETF (EGGS)
7. Efficient Market Portfolio Plus ETF (EMPB)
8. Frontier Asset Absolute Return ETF (FARX)
9. YieldMax Dorsey Wright Featured 5 Income ETF (FEAT)
10. YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY)
11. Pacer Solactive Whitney Future of Warfare ETF (FOWF)
12. John Hancock Core Bond ETF (JHCR)
13. LSV Disciplined Value ETF (LSVD)
14. Pacer US Cash Cows Bond ETF (MILK)
15. Neuberger Berman Growth ETF (NGBX)
16. Parnassus Value Select ETF (PRVS)
17. North Square RCIM Tax-Advantaged Preferred and Income Securities ETF (QTPI)
18. Coastal Compass 100 ETF (ROPE)
19. Return Stacked Bonds & Merger Arbitrage ETF (RSBA)
20. FT Vest US Equity Equal Weight Buffer ETF – December (RSDE)
21. Invesco ESG S&P 500 R Equal Weight ETF (RSPE)
22. FT Vest US Equity Quarterly Max Buffer ETF (SQMX)
23. FT Vest Emerging Market Buffer ETF – December (TDEC)
24. NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI)
25. US Global Technology And Aerospace & Defense ETF (WAR)
26. Teucrium 2x Daily Wheat ETF (WXET)

ETP added to ETF Deathwatch due to low AUM:

1. T-Rex 2X Inverse Bitcoin Daily Target ETF (BTCZ)

ETPs removed from ETF Deathwatch due to delisting:

1. IQ Cleaner Transport ETF (CLNR)
2. VictoryShares Small Cap Volatility Wtd ETF (CSA)
3. Unity Wealth Partners Dynamic Capital Appreciation & Options ETF (DCAP)
4. Mast Global Battery Recycling & Production ETF (EV)
5. Foundations Dynamic Growth ETF (FDGR)
6. iShares LifePath Target Date 2025 ETF (ITDA)
7. KraneShares Dynamic Emerging Markets Strategy ETF (KEM)
8. Nuveen Small Cap Select ETF (NSCS)
9. IQ Clean Oceans ETF (OCEN)
10. Hartford Multifactor Low Volatility International Equity ETF (RODE)
11. Hartford Multifactor International Small Company ETF (ROIS)
12. Simplify US Small Cap PLUS Income ETF (SCY)
13. Syntax Stratified MidCap ETF (SMDY)
14. VanEck HIP Sustainable Muni ETF (SMI)
15. Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX)
16. Syntax Stratified SmallCap ETF (SSLY)
17. Syntax Stratified Total Market II ETF (SYII)
18. Defiance Daily Target 2X Long Uranium ETF (URAX)

ETPs removed from ETF Deathwatch due to improved health:

1. KraneShares Artificial Intelligence and Technology ETF (AGIX)
2. BondBloxx BBB Rated 5-10 Year Corporate Bond ETF (BBBI)
3. Calamos Alternative Nasdaq & Bond ETF (CANQ)
4. Calvert US Large-Cap Diversity Equity And Inclusion Index ETF (CDEI)
5. GraniteShares 1x Short COIN Daily ETF (CONI)
6. Sprott Copper Miners ETF (COPP)
7. iShares MSCI Finland ETF (EFNL)
8. Macquarie Focused Emerging Markets Equity ETF (EMEQ)
9. Federated Hermes Short Duration Corporate ETF (FCSH)
10. First Trust Germany AlphaDEX Fund (FGM)
11. Federated Hermes MDT Large Cap Core ETF (FLCC)
12. Fidelity Clean Energy ETF (FRNW)
13. AdvisorShares Gerber Kawasaki ETF (GK)
14. Goldman Sachs Municipal Income ETF (GMUB)
15. iShares LifePath Target Date 2030 ETF (ITDB)
16. KFA Value Line Dynamic Core Equity Index ETF (KVLE)
17. VanEck Vectors NDR CMG Long/Flat Allocation ETF (LFEQ)
18. Themes Transatlantic Defense ETF (NATO)
19. The Nightview Fund (NITE)
20. AllianzIM US Equity Buffer15 Uncapped Nov ETF (NVBU)
21. OneAscent Small Cap Core ETF (OASC)
22. PGIM Municipal Income Opportunities ETF (PMIO)
23. Pacer Swan SOS Flex July ETF (PSFJ)
24. Invesco Dynamic Oil & Gas Services ETF (PXJ)
25. Invesco Galaxy Ethereum ETF (QETH)
26. AdvisorShares Q Dynamic Growth ETF (QPX)
27. Defiance Nasdaq 100 Income Target ETF (QQQT)
28. Innovator Growth-100 Accelerated Plus ETF-April (QTAP)
29. Global X Yieldco Index ETF (RNRG)
30. FT Vest US Equity Equal Weight Buffer ETF – September (RSSE)
31. Sofi 50 ETF (SFYF)
32. Sofi Next 500 ETF (SEYX)
33. Syntax Stratified Total Market Hedged ETF (SHUS)
34. ETRACS MON PAY 2X LEV –B (SMHB)
35. Direxion Daily Robotics Artificial Intelligence & Automation Index Bull 3X Share (UBOT)
36. ETRACS UBS Bloomberg Constant Maturity Commodity Indx CMCI Total Return ETN Se B (UCIB)
37. FT Vest US Equity Uncapped Accelerator ETF – October (UXOC)
38. FT Vest US Equity Enhance & Moderate Buffer ETF – April (XAPR)
39. Direxion Daily NFLX Bear 1X Shares (NFXS)
40. ProShares UltraShort Real Estate (SRS)