The ETF Deathwatch shrank in April. Sixteen exchange-traded products (“ETPs”) were added to the list, and 20 were removed.
All of the removals were due to increased health. This is no surprise given the strong performance of the S&P 500 Index and the Dow Jones Industrial Average in April.
All of the additions were due to low average daily volume for the past three months, which could be due to the nature of each ETP’s investment product. These ETPs may have enough assets under management (“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-april-2021
Down load the Complete List of 294 ETFs and ETNs on ETF Deathwatch for April 2021 right here: https://www.flexibleplan.com/Portals/2/LiveBlog/Images%20and%20Content/DeathwatchList_4.30.2021.csv