ETFLogic Weekly Update 2/26

Welcome to ETFLogic’s Weekly Newsletter.

We look back at last week’s flows, provide details on new ETF launches and include a timely data point or tool from the ETFLogic Insights Platform.

On Sunday President Trump announced that he would be pushing back his original deadline to increase tariffs on nearly $200 billion in Chinese goods after a week of trade talks between US and China officials.  And with Trump off to Vietnam to meet North Korean leader Kim Jung Un tomorrow, we can only hope there is more good news of peace to come.

And while only time will be able to tell how this will all play out for the market in the future, we can definitely share how ETF’s played out in the past (specifically last week).  9 of the top 10 performing US listed Equity ETFs were China related.

Top Performers

Top Inflows & Outflows

On-Screen Liquidity Momentum

Top 10 secondary-market volume increases where ADV 5-day increased substantially over ADV 20-day and ADV 5-day > $10mm

Ticker ETF NAME % Dif
LRGE ClearBridge Large Cap Growth ESG ETF 73.41%
FLQE Franklin LibertyQ Emerging Markets ETF

71.42%
BCI Aberdeen Standard Bloomberg All Commodity Strategy K-1 Free ETF

70.96%
IGN iShares North American Tech-Multimedia Networking ETF

69.38%
FIJP Franklin FTSE Japan ETF

68.50%
BBEU JPMorgan BetaBuilders Europe ETF

65.06%
BLV Vanguard Long-Term Bond ETF

58.38%
EWQ iShares MSCI France ETF

58.30%
CHAU Direxion Daily CSI 300 China A Share Bull 2X Shares 55.98%
VAW Vanguard Materials ETF 54.62%

New  Launches

  • No New Launches 

New Filings

  • Alpha Architect filed for its first ESG fund, the Alpha Architect Freedom 100 Emerging Markets ETF, FRDM
  • Fidelity files for 3 new factor-based ETFs
    • Fidelity Targeted Emerging Market Factor ETF, FDEM
    • Fidelity Targeted International Factor ETF, FDEV
    • Fidelity Small-Mid Factor ETF, FSMD
    • s Infrastructure ETF PXR

New Closings

  • Invesco closes 19 of its funds, most of which were originally issued by Guggenheim 
    • Invesco Russell 2000 Equal Weight ETF EQWS
    • Invesco S&P 100 Equal Weight ETF OEW
    • Invesco WilderHill Progressive Energy ETF PUW
    • Invesco Wilshire Micro-Cap ETF WMCR
    • Invesco Wilshire US REIT ETF WREI
    • Invesco Zacks Micro Cap ETF PZI
    • Invesco Canadian Energy Income ETF ENY
    • Invesco China All-Cap ETF YAO
    • Invesco Chinese Yuan Dim Sum Bond ETF DSUM
    • Invesco DWA Momentum & Low Volatility Rotation ETF DWLV
    • Invesco Emerging Markets Infrastructure ETF PXR
    • Invesco Multi-Factor Large Cap ETF GMFL
    • Invesco U.S. Large Cap Optimized Volatility ETF OVLC
    • Invesco Multi-Strategy Alternative ETF LALT
    • Invesco FTSE RAFI Asia Pacific ex-Japan ETF PAF
    • Invesco Global Gold and Precious Metals ETF PSAU
    • Invesco S&P 500 Value With Momentum ETF SPVM
    • Invesco Zacks International Multi-Asset Income ETF HGI
    • Invesco Global Agriculture ETF PAGG

Price Wars

  • SoFi waive fees for two of their recently filed funds.  The SoFi 500 ETF (SFY) and the SoFi Next 500 ETF (SFYX) will have fee waivers in place until at least March 27, 2020, effectively bringing their total fund expenses to zero for the first year
  • Vanguard continues to slash fees – cutting fees on 10 more ETFs including VWO

To explore a selection of ETFLogic‘s tools and analytics on the Explore Insights Platform, click here to get access!

Check out our Insights Platform demo during Finovate Fall 2018 in Times Square, NYC

Follow  us on Twitter @ETFLogic or our Company LinkedIn page  for regular updates and insights taken directly from the ETFLogic platform.