ETF Stats for November 2012 – Listing Count Increases

Page 1 of 2

The number of exchange traded product (“ETP”) listings increased in November, ending the record-breaking three-month streak of declines.  Nine new introductions and three closures put the month-end count at 1,445 (1,235 ETFs and 210 ETNs).  This is below the quantity of 1,457 at the end of April, putting product growth in negative territory the past seven months.   It is also 45 less than the all time high of 1,490 established August 15, 2012.

ETF Stats for November 2012 – Listing Count Increases

Does this imply the recent consolidation is over?  Not by a long shot. There are currently 359 products with less than $10 million in assets. Some analysts believe the break-even point for ETFs could be as high as $75 million to $100 million.  There are clearly hundreds of unprofitable ETFs and ETNs on the market.  Additional closures are inevitable.  It would be premature to claim the industry consolidation is over.

The calendar year closure count stands at 92 as of the end of November.  At least six more products intend to close in December.  If two more decide to admit defeat, then the 2012 count could reach 100.

Assets increased +2.1% in November to $1.3 trillion.  Only 26 ETFs have assets exceeding $10 billion, but they account for more than half (50.4%) of all ETP assets.  The quantity of ETPs above the $1 billion threshold now number 179, six more than a month ago.  These 179 represent just 12.4% of the quantity of listed products while grabbing 88.1% of the assets.

Trading activity picked up for the third month in a row with total dollar volume reaching $1.2 trillion. SPDR S&P 500 (NYSEARCA:SPY) was responsible for 35.2% of all ETP dollars traded.

ETPs averaging more than $1 billion per day in dollar volume held steady at six while capturing a 54.0% share.  Products averaging more than $100 million per day declined from 68 to 63 while capturing 87.4% of trading activity.

November 2012 Month End ETFs ETNs Total
Currently Listed U.S. 1,235 210 1,445
Listed as of 12/31/2011 1,166 203 1,369
New Introductions for Month 4 5 9
Delistings/Closures for Month 3 0 3
Net Change for Month +1 +5 +6
New Introductions 6 Months 45 10 55
New Introductions YTD 145 23 168
Delistings/Closures YTD 76 16 92
Net Change YTD +69 +7 +76
Actively-Managed Listings 55 - 55
Assets Under Mgmt ($ billion) $1,298 $16.6 $1,314
% Change in Assets for Month +2.2% -3.8% +2.1%
Qty AUM > $10 Billion 26 0 26
Qty AUM > $1 Billion 176 3 179
Qty AUM > $100 Million 549 22 571
Monthly $ Volume ($ billion) $1,167 $32.3 $1,200
% Change in Monthly $ Volume +7.8% +20.5% +8.2%
Avg Daily $ Volume > $1 Billion 5 1 6
Avg Daily $ Volume > $100 Million 61 2 63
Avg Daily $ Volume > $10 Million 216 9 225
Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Jobs that May Exist in the Future

The Absolute Best States to Shop in the US

5 Best States for Golf Adventures

Top 15 Places To Visit Before You Die

10 Most Expensive Smartphones in the World

10 States with Lowest Physician Density

10 Top Reasons For Getting Fired

The 3 Best States to Start an LLC

10 Jobs That Allow You to Travel

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!