ETF Stats For May 2009
Posted on Monday, June 1st, 2009 | In Exchange Traded Funds, Market Commentary
The month of May brought the largest monthly decline ever in the number of US-listed ETFs and ETNs. Active listings changed by -14 after averaging more than +17 new products per month during the past three calendar years. Additionally, the six-month moving average of net new listings turned negative for the first time in history.
There were five new ETFs introduced during the month and 19 closures. The total number of listed products at the end of May stands at 830 (745 ETFs and 85 ETNs), the lowest level since last October. The quantity is down 15 from the start of the year and down 29 from the peak level of 859 established in early February prior to the closure of the Northern Trust NETS family of ETFs.
The number of products on ETF Deathwatch dropped to 150 and the percentage slid from 18.4% down to 18.1%. The percentage of ETNs on Deathwatch remains very high at 45.9%.
| May 2009 Month End | ETFs | ETNs | Total |
|---|---|---|---|
| Currently Listed U.S. | 745 | 85 | 830 |
| Listed as of 12/31/2008 | 760 | 85 | 845 |
| New Introductions for Month | 5 | 0 | 5 |
| Delistings/Closures for Month | 19 | 0 | 19 |
| Net Change for Month | -14 | 0 | -14 |
| New Introductions YTD | 27 | 3 | 30 |
| Delistings/Closures YTD | 42 | 3 | 45 |
| Net Change YTD | -15 | 0 | -15 |
| On Deathwatch at End of Month | 111 | 39 | 150 |
| % on Deathwatch | 14.9% | 45.9% | 18.1% |
Full Story: http://investwithanedge.com/etf-stats-for-may-2009
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