ETFs On Deathwatch For The Month Of March 2011: 10 Funds Escape

Ten ETPs escaped from ETF Deathwatch this month, and no new names joined the list.  As a result, the total quantity of products on Deathwatch dropped to 142, consisting of 105 ETFs and 37 ETNs.  The average fund on the list has $8.9 million in assets and has been on the market for 27.5 months.

All new products are given a 6-month grace period (immunity) in which to gain traction with investors before they can be considered for ETF Deathwatch.  The 16 products launched in August 2010 are now eligible for inclusion, but none of them showed up on the list.  It appears that August 2010 is a good vintage.

I can’t recall any previous month without at least one new name joining the list.  The new ETF Deathwatch criteria for 2011 should help stabilize the constituents, so maybe this won’t be such a rare event going forward.

Whenever an investment segment receives an abnormal amount of media attention, the ETFs in that segment also see a pickup in activity. The energy sector has been consistently in the news the past month, which helped three energy-related ETFs come off the list.  There is no discernable theme regarding the seven other escapees.  iShares Russell Top 200 Index Fund (IWL) came off as asset swelled 250% from $11.8 million to $41.3 million.

ELEMENTS currently has two products with less than $1 million in assets:  ELEMENTS Ben Graham Large Cap Value ETN (BVL) and ELEMENTS Ben Graham Total Market Value ETN (BVT).  ELEMENTS Spectrum Large Cap US Sector Momentum ETN (EEH) saw the least amount of trading activity for the month, averaging $1779 per day.  ELEMENTS offers 14 ETNs in all, and eight of them are consistently on Deathwatch.

Added To ETF Deathwatch for March:

none

Removed from ETF Deathwatch for March:

  1. Global X China Energy ETF (CHIE)
  2. iShares MSCI Emerging Markets Materials (EMMT)
  3. HOLDRS B2B Internet ETF (BHH)
  4. iPath JPY/USD Exchange Rate ETN (JYN)
  5. JETS Contrarian Opportunities (JCO)
  6. SPDR S&P International Energy (IPW)
  7. EGS DJ Emerging Markets Energy Titans (EEO)
  8. WisdomTree LargeCap Growth (ROI)
  9. WisdomTree Large Cap Value (EZY)
  10. iShares Russell Top 200 Index Fund (IWL)

Listed below are the 142 products on ETF Deathwatch for March 2011 (sorted by name).

ETF Deathwatch for March 2011

# Ticker Sym ETF Name Age (mths) AUM (millions) 3-mth Avg Daily $ Volume
1 (AADR) AdvisorShares WCM/BNY Mellon Foc Gr ADR 7.4 $8.38 $127,425
2 (PGD) Barclays Asian&Gulf Currency Reval. ETN 32.8 $4.06 $18,872
3 (BXDC) Barclays ETN+ S&P 500 2x Short C 2009 ETN 15.6 $3.83 $902,671
4 (BXDD) Barclays ETN+ S&P 500 3x Short D 2009 ETN 15.6 $3.50 $785,113
5 (JEM) Barclays GEMS Currency Index ETN 37.4 $3.87 $38,065
6 (ADRU) BLDRS Europe 100 ADR 101.0 $21.42 $89,370
7 (GCE) Claymore CEF Index GS Connect ETN 39.2 $3.54 $76,242
8 (ULQ) Claymore U.S. Cap Mkts Micro-Trm Fxd Inc 37.1 $4.98 $11,685
9 (UBD) Claymore U.S. Capital Markets Bond 37.1 $10.42 $61,946
10 (XRU) CurrencyShares Russian Ruble Shares 28.0 $5.20 $27,944
11 (BRIS) Direxion Daily BRIC Bear 2x 11.8 $2.69 $11,705
12 (BRIL) Direxion Daily BRIC Bull 2x 11.8 $4.33 $148,787
13 (INDZ) Direxion Daily India Bear 2x 11.8 $4.74 $269,698
14 (LHB) Direxion Daily Latin America Bear 3x 15.1 $3.51 $240,735
15 (FCGS) Direxion Daily Natural Gas Related Bear 2x 7.6 $1.86 $42,180
16 (RETS) Direxion Daily Retail Bear 2x 7.6 $2.56 $114,604
17 (EFN) EGS DJ Emerging Markets Financials Titans 17.7 $10.38 $85,195
18 (BVL) ELEMENTS Ben Graham Large Cap Value ETN 31.0 $0.61 $3,141
19 (BSC) ELEMENTS Ben Graham Small Cap Value ETN 30.9 $2.02 $28,219
20 (BVT) ELEMENTS Ben Graham Total Mkt Value ETN 31.0 $0.93 $8,632
21 (GWO) ELEMENTS CS Global Warming ETN 35.4 $3.65 $25,916
22 (DOD) ELEMENTS Dogs of the Dow Total Return ETN 40.3 $2.60 $90,462
23 (FUE) ELEMENTS MLCX Biofuels ETN 37.2 $8.16 $144,293
24 (WMW) ELEMENTS Morningstar Wide Moat Focus ETN 41.0 $8.09 $88,450
25 (EEH) ELEMENTS Spctrm LgCap US Sector Mo ETN 43.5 $1.13 $1,779
26 (FZB) FaithShares Baptist Values Fund 14.7 $1.50 $4,187
27 (FCV) FaithShares Catholic Values Fund 14.9 $3.13 $23,142
28 (FOC) FaithShares Christian Values Fund 14.9 $3.12 $21,207
29 (FKL) FaithShares Lutheran Values Fund 14.7 $1.50 $8,448
30 (FMV) FaithShares Methodist Values Fund 14.9 $1.55 $7,893
31 (FVI) First Trust Value Line Equity Allocation 51.5 $7.49 $38,252
32 (CHIB) Global X China Technology ETF 14.9 $5.30 $60,202
33 (GVT) Grail American Beacon Large Cap Value 22.2 $1.68 $7,974
34 (GMTB) Grail McDonnell Core Taxable Bond ETF 13.2 $2.53 $8,305
35 (GMMB) Grail McDonnell Intermediate Municipal Bnd 13.2 $2.50 $6,896
36 (RWG) Grail RP Focused Large Cap Growth ETF 17.1 $11.52 $118,871
37 (RPX) Grail RP Growth ETF 17.1 $4.90 $21,779
38 (EEN) Guggenheim EW Euro-Pacific LDRs ETF 48.7 $3.18 $10,096
39 (XGC) Guggenheim International Small Cap LDRs 47.6 $10.71 $107,509
40 (OTR) Guggenheim Ocean Tomo Growth Index ETF 47.6 $5.82 $72,932
41 (OTP) Guggenheim Ocean Tomo Patent ETF 51.2 $20.57 $49,349
42 (EKH) HOLDRS Europe 2001 123.1 $5.07 $5,678
43 (MKH) HOLDRS Merrill Lynch Market 2000+ 127.8 $13.21 $29,586
44 (WMH) HOLDRS Wireless 125.7 $16.68 $26,180
45 (LD) iPath DJ-UBS Lead ETN 32.6 $6.73 $115,134
46 (ERO) iPath EUR/USD Exchange Rate ETN 46.4 $6.55 $32,744
47 (GBB) iPath GBP/USD Exchange Rate ETN 46.4 $4.85 $117,012
48 (GRN) iPath Global Carbon ETN 32.6 $3.12 $24,576
49 (TWON) IQ Taiwan Small Cap 9.5 $7.21 $184,724
50 (MUAE) iShares 2016 S&P AMT-Free Muni Series 13.9 $17.73 $111,442
51 (IFEU) iShares FTSE EPRA/NAREIT Europe 39.9 $11.20 $116,624
52 (AXDI) iShares MSCI ACWI ex US Consumer Discr 7.6 $6.62 $13,132
53 (AXSL) iShares MSCI ACWI ex US Consumer Staples 7.6 $3.03 $32,454
54 (AXEN) iShares MSCI ACWI ex US Energy 7.6 $6.73 $103,481
55 (AXFN) iShares MSCI ACWI ex US Financials 13.4 $2.56 $2,727
56 (AXHE) iShares MSCI ACWI ex US Health Care 7.6 $5.76 $17,190
57 (AXID) iShares MSCI ACWI ex US Industrials 7.6 $6.30 $26,595
58 (AXIT) iShares MSCI ACWI ex US Info Technology 7.6 $6.13 $56,357
59 (AXMT) iShares MSCI ACWI ex US Materials 7.6 $6.89 $66,392
60 (AXTE) iShares MSCI ACWI ex US Telecom Services 7.6 $5.97 $6,645
61 (AXUT) iShares MSCI ACWI ex US Utilities 7.6 $5.67 $17,745
62 (EMFN) iShares MSCI Emerging Markets Financials 13.4 $13.54 $55,056
63 (FEFN) iShares MSCI Far East Financials Sector 13.4 $2.69 $4,741
64 (EIRL) iShares MSCI Ireland Cap. Investable Mkt 9.9 $6.58 $164,747
65 (EUSA) iShares MSCI USA Index Fund 9.9 $1.42 $42,009
66 (TZD) iShares S&P Target Date 2010 Index Fund 28.2 $4.75 $22,069
67 (TZE) iShares S&P Target Date 2015 Index Fund 28.2 $11.56 $115,011
68 (TZG) iShares S&P Target Date 2020 Index Fund 28.2 $13.54 $81,270
69 (TZI) iShares S&P Target Date 2025 Index Fund 28.2 $12.08 $62,515
70 (TZL) iShares S&P Target Date 2030 Index Fund 28.2 $12.23 $57,947
71 (TZO) iShares S&P Target Date 2035 Index Fund 28.2 $5.27 $25,045
72 (TZV) iShares S&P Target Date 2040 Index Fund 28.2 $12.41 $69,452
73 (TGR) iShares S&P Target Date Retirement Inc. 28.2 $6.04 $45,279
74 (CRBA) Jefferies|TR/J CRB Global Agriculture Equity 16.3 $11.02 $227,255
75 (CRBI) Jefferies|TR/J CRB Global Ind Metals Equity 16.3 $4.87 $77,046
76 (JFT) KEYnotes FT Enhanced 130/30 Large Cap ETN 33.7 $3.82 $20,742
77 (URR) Market Vectors Double Long Euro ETN 34.2 $1.04 $47,800
78 (INR) Market Vectors Indian Rupee/USD ETN 35.9 $5.46 $69,575
79 (NASI) Pax MSCI North America ESG Index 9.5 $2.89 $36,173
80 (PQZ) PowerShares Active Alpha Multi-Cap 35.1 $3.14 $36,195
81 (PLK) PowerShares Active Low Duration 35.0 $11.40 $107,247
82 (PMA) PowerShares Active Mega-Cap Portfolio 35.0 $3.99 $53,668
83 (LBND) PowerShares DB 3x Long 25+ Treas ETN 8.1 $3.08 $20,723
84 (AGA) PowerShares DB Agriculture Dbl Short ETN 34.9 $5.68 $271,898
85 (AGF) PowerShares DB Agriculture Long ETN 35.0 $6.89 $151,813
86 (ADZ) PowerShares DB Agriculture Short ETN 34.9 $2.25 $47,523
87 (BDG) PowerShares DB Base Metals Long ETN 32.9 $1.71 $22,350
88 (BOS) PowerShares DB Base Metals Short ETN 32.8 $2.87 $39,229
89 (DEE) PowerShares DB Commodity Dbl Short ETN 34.5 $1.98 $37,536
90 (DPU) PowerShares DB Commodity Long ETN 34.5 $7.66 $58,217
91 (DDP) PowerShares DB Commodity Short ETN 34.5 $1.29 $12,996
92 (PIC) PowerShares Dynamic Insurance 65.0 $16.32 $79,514
93 (PJM) PowerShares Dynamic Small Cap 51.7 $17.72 $94,941
94 (PSTL) PowerShares Global Steel Portfolio 29.6 $11.98 $156,154
95 (PTO) PowerShares Ibbotson Alternative Completion 33.8 $9.47 $41,696
96 (PYH) PowerShares Morningstar StockInvestor Core 51.7 $19.31 $116,030
97 (XLBS) PowerShares S&P SmallCap Materials 10.9 $2.90 $111,852
98 (SBM) ProShares Short Basic Materials 11.6 $3.66 $24,310
99 (EFO) ProShares Ultra MSCI EAFE 21.1 $9.46 $151,570
100 (UPV) ProShares Ultra MSCI Europe 10.2 $3.96 $64,242
101 (UMX) ProShares Ultra MSCI Mexico Investable Mkt 10.2 $2.01 $54,279
102 (UXJ) ProShares Ultra MSCI Pacific Ex-Japan 10.2 $3.76 $64,778
103 (BIB) ProShares Ultra Nasdaq Biotechnology 10.9 $6.12 $97,895
104 (UVU) ProShares Ultra Russell Midcap Value 48.9 $9.06 $97,613
105 (UWC) ProShares Ultra Russell3000 20.2 $8.57 $70,722
106 (SMDD) ProShares UltraPro Short S&P MidCap400 12.7 $3.32 $672,318
107 (CMD) ProShares UltraShort DJ-UBS Commodity 27.5 $2.71 $73,454
108 (RXD) ProShares UltraShort Healthcare 49.7 $4.05 $87,522
109 (SMK) ProShares UltraShort MSCI Mexico 20.7 $2.66 $99,363
110 (JPX) ProShares UltraShort MSCI Pacific ex-Japan 20.7 $2.64 $28,330
111 (BIS) ProShares UltraShort Nasdaq Biotechnology 10.9 $2.45 $46,196
112 (SFK) ProShares UltraShort Russell 1000 Growth 48.9 $4.63 $54,564
113 (SJF) ProShares UltraShort Russell 1000 Value 48.9 $2.28 $75,659
114 (SDK) ProShares UltraShort Russell Midcap Growth 48.9 $2.81 $47,762
115 (SJL) ProShares UltraShort Russell Midcap Value 48.9 $1.94 $13,176
116 (TWQ) ProShares UltraShort Russell3000 20.2 $2.87 $109,383
117 (TLL) ProShares UltraShort Telecom 35.6 $2.62 $59,464
118 (SDP) ProShares UltraShort Utilities 49.7 $4.61 $218,106
119 (RWV) RevenueShares Navellier Overall A-100 25.5 $9.68 $60,985
120 (RHS) Rydex S&P Equal Weight Cons Staples 52.5 $14.67 $103,172
121 (IBND) SPDR Barclays International Corp Bond 9.5 $16.53 $284,864
122 (KME) SPDR KBW Mortgage Finance ETF 22.3 $4.27 $55,656
123 (VRD) SPDR Nuveen S&P VRDO Municipal Bond ETF 17.4 $9.01 $100,643
124 (JPP) SPDR Russell/Nomura PRIME Japan 52.2 $8.66 $77,425
125 (IPF) SPDR S&P International Financial 31.7 $6.50 $44,261
126 (IRY) SPDR S&P International Health Care 31.6 $12.55 $78,235
127 (IPU) SPDR S&P International Utilities 31.6 $8.90 $32,096
128 (TDD) TDX Independence 2010 41.5 $14.24 $34,781
129 (TDX) TDX Independence In-Target 41.5 $15.81 $44,724
130 (MLPG) UBS E-TRACS Alerian Natural Gas MLP ETN 7.6 $12.44 $96,623
131 (UBN) UBS E-TRACS CMCI Energy TR ETN 35.4 $3.10 $13,262
132 (UBG) UBS E-TRACS CMCI Gold TR ETN 35.4 $7.11 $33,137
133 (UBM) UBS E-TRACS CMCI Industrial Metals TR ETN 35.4 $6.69 $28,316
134 (UBC) UBS E-TRACS CMCI Livestock TR ETN 35.4 $5.24 $20,953
135 (PTD) UBS E-TRACS CMCI Short Platinum ER ETN 34.2 $3.12 $5,032
136 (USV) UBS E-TRACS CMCI Silver TR ETN 35.4 $7.66 $134,938
137 (SPGH) UBS E-TRACS S&P 500 Gold Hedged Idx ETN 13.2 $11.89 $22,395
138 (WXSP) Wilshire 4500 Completion ETF (Guggenheim) 11.9 $6.28 $36,005
139 (WFVK) Wilshire 5000 Total Market ETF (Guggenheim) 11.9 $5.93 $43,994
140 (WREI) Wilshire US REIT ETF (Guggenheim) 11.9 $11.48 $140,179
141 (EU) WisdomTree Dreyfus Euro 34.0 $9.49 $39,926
142 (JYF) WisdomTree Dreyfus Japan Yen 33.8 $6.37 $44,723

Data sources:  AUM from National Stock Exchange, daily prices and volume of individual ETPs from Norgate Premium Data, and all other information compiled by Invest With An Edge.

Past issues of ETF Deathwatch are available here.

Written By Ron Rowland From Invest With An Edge  No positions in any of the securities mentioned.

Ron Rowland is the founder of Invest With An Edge and serves as the Executive Editor. He is also editor of AllStarInvestor.com and Chief Investment Officer of Capital Cities Asset Management (www.ccam.com). Quoted widely in the financial media, Ron is the industry go-to guy for sector rotation insight and investment strategies using ETFs and mutual funds.

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