Nine funds were added to ETF Deathwatch for July and two are coming off. The net increase of seven pushes the current quantity to 155, or 13.9% of all eligible products. The overall quantity consists of 111 ETFs and 44 ETNs. The average list member is 30 months old and has $16 million in assets.
For any given month, there are about 100 funds that have days with no trades ? zero volume. On a daily basis, the number of ETPs with zero volume typically ranges between 30 and 40. We haven?t performed a detailed analysis, but we don?t recall ever seeing an ETP go an entire month without a trade ? until now.
In June, not one but three ETNs had zero volume for the entire month: iPath Pure Beta Aluminum ETN (FOIL), iPath Pure Beta Copper ETN (CUPM), and iPath Pure Beta Industrial Metals ETN (HEVY). The three
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Paula Garcés Genelle Frenoy Shania Twain Gwen Stefani Sunny Mabrey
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