The ETF Deathwatch list remained the same size in May. Twenty-two exchange-traded products (“ETPs”) were added and 22 were removed.
Twenty-one of the products removed were due to improved health. One was delisted.
Two of the products that were added to the list in May were due to low assets under management (“AUM”). The other 20 were due to low trading volume. The low volume in these products could be due to the nature of their investment product. These ETPs may have enough AUM to keep them from closure. However, our system takes into account both AUM and volume. If both remain low, these funds may be considered for closure.
Continue reading at Flexible Plan Investments right here: https://www.flexibleplan.com/insights/etf-deathwatch-for-may-2021
Here is a link to the Complete List of 294 ETFs and ETNs on ETF Deathwatch for May 2021: https://www.flexibleplan.com/Portals/2/LiveBlog/Images%20and%20Content/DeathwatchList_5.28.2021.csv