The study also found that new ETF issuances ground to a halt, as no funds were launched last month, and there were actually net liquidations. The total number of closings this year stands at 40, and it’s the first year the industry has seen liquidations since 2006.
The best-performing equity ETF was the WisdomTree Total Earnings Fund (EXT), down 2.6% for the month. Among the broad-based equity funds, performance was down a total of 10.45%. The biggest loser among equity funds for the month was the SPA Market Grader 40 ETF (SFV), down 18.8%.
EXT is represented by the black line; SFV by the green line.