Another 5 ETFs To Close

October 28, 2019

The anticipated closures tally for 2019 continues to trek higher as more firms announce their plans to shut down certain ETFs. Completed closures year-to-date stand at 94 so far, with several more expected—the latest from DWS.

The issuer is set to close five of its 38 ETFs as of Nov. 12. The affected funds are as follows:

The ETFs marked for closure generally have $10 million or less in assets under management and launched within the last five years.

Additional ETF Changes

Effective Date Affected Fund Change
10/28/2019 Impact Shares NAACP Miniority Empowerment ETF (NACP) NACP's expense ratio was lowered from 0.76% to 0.75%.
10/28/2019 Impact Shares Sustainable Development Goals Global Equity ETF (SDGA)  SDGA's expense ratio was lowered from 0.76% to 0.75%.
10/28/2019 Impact Shares YWCA Women's Empowerment ETF (WOMN) WOMN's expense ratio was lowered from 0.76% to 0.75%.
10/25/2019 WBI BullBear Rising Income 3000 ETF (WBIE) WBIE acquired the WBI BullBear Rising Income 2000 ETF (WBIA) and changed its name from the WBI BullBear Rising Income 1000 ETF.
10/25/2019 WBI BullBear Value 3000 ETF (WBIF) WBIF acquired the WBI Bull Bear Value 2000 ETF (WBIB) and changed its name from the WBI BullBear Value 1000 ETF.
10/25/2019 WBI BullBear Yield 3000 ETF (WBIG) WBIG acquired the WBI BullBear Yield 2000 ETF (WBIC) and changed its name from the WBI BullBear Yield 1000 ETF.
10/25/2019 WBI BullBear Quality 3000 ETF (WBIL) WBIL acquired the WBI BullBear Quality 2000 ETF (WBID) and changed its name from the WBI BullBear Quality 1000 ETF.
10/22/2019 Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares (GUSH)  GUSH will undergo a 1-for-10 reverse split on 11/22/2019.
10/21/2019 American Energy Independence ETF (USAI) USAI will reorganize into the newly created Pacer American Energy Independence ETF in December 2019.
10/21/2019 Aptus Behavioral Momentum ETF (BEMO) BEMO will change its name and ticker to Aptus Drawdown Managed Equity ETF (ADME) and drop its index, the Aptus Behavioral Momentum Index, to become actively managed as of 11/8/2019.
10/21/2019 Premise Capital Frontier Advantage Diversified Tactical ETF (TCTL) TCTL will change its name to the Premise Capital Diversified Tactical ETF as of 11/1/2019.
10/14/2019 Salt Low truBeta US Market ETF (LSLT) LSLT will reorganize into a corresponding, newly created series of ETF Series Solutions with the same name in December
10/11/2019 Aberdeen Standard Physical Swiss Gold Shares ETF (SGOL) SGOL to undergo 10-for-1 forward split on 11/1/2019.
10/4/2019 United States 3x Short Oil Fund (USOD) USOD underwent a 1-for-2 reverse split. 
10/2/2019 Franklin Liberty U.S. Low Volatility ETF (FLLV)  FLLV's expense ratio was lowered from 0.50% to 0.29%.
10/1/2019 ProShares Global Listed Private Equity ETF (PEX) PEX's expense ratio was raised from 2.78% to 3.13%.
10/1/2019 Xtrackers MSCI Japan Hedged Equity ETF (DBJP) DBJP's expense ratio was cut from 0.46% to 0.45%.
10/1/2019 Xtrackers MSCI Europe Hedged Equity ETF (DBEU) DBEU's expense ratio was cut from 0.46% to 0.45%.
10/1/2019 Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR)  ASHR's expense ratio was cut from 0.66% to 0.65%.
10/1/2019 SPDR Nuveen S&P High Yield Municipal Bond ETF (HYMB) HYMB's name changed to the SPDR Nuveen Bloomberg High Yield Municipal Bond ETF, while its index changed from the S&P Municipal Yield Index to the Bloomberg Barclays Municipal High Yield Index.
9/30/2019 FormulaFolios Tactical Growth ETF (FFTG)  The expense ratio for SECT was lowered from 1.04% to 1.02%.
9/30/2019 Main Sector Rotation ETF (SECT) The expense ratio for SECT was raised from 0.78% to 0.83%.
9/23/2019 SPDR ACWI IMI ETF (ACIM) ACIM changed its name to the SPDR Portfolio MSCI Global Stock Market ETF and its ticker to SPGM. The expense ratio was lowered from 0.25% to 0.09%.
9/23/2019 SPDR Bloomberg Barclays Corporate Bond ETF (CBND)  CBND changed its name to the SPDR Portfolio Corporate Bond ETF and its ticker to SPBO.
9/23/2019 SPDR ICE BofAML Broad High Yield Bond ETF (CJNK) CJNK changed its name to the SPDR Portfolio High Yield Bond ETF and its ticker to SPHY.
9/23/2019 SPDR STOXX Europe 50 ETF (FEU) FEU has changed its index from the STOXX Europe 50 Index to the STOX Europe Total Market Index. It also changed its name to the SPDR Portfolio Europe ETF and its ticker to SPEU. The expense ratio was cut from 0.29% to 0.09%.
9/23/2019 SPDR Bloomberg Barclays TIPS ETF (IPE)  IPE changed its name to the SPDR Fportfolio TIPS ETF and its ticker to SPIP. The expense ratio was cut from 0.15% to 0.12%.
9/23/2019 SPDR Bloomberg Barclays Intermediate Term Treasury ETF (ITE)  ITE changed its name to the SPDR Portfolio Intermediate Term Treasury ETF and its ticker to SPTI.
9/23/2019 SPDR Portfolio Mortgage Backed Bond ETF (MBG) MBG changed its name to the SPDR Portfolio Mortgage Backed Bond ETF and its ticker to SPMB.
9/23/2019 iShares Global Consumer Discretionary ETF (RXI) The index for RXI changed from the S&P Global 1200 Consumer Discretionary Index to the S&P Global 1200 Consumer Discretionary (Sector) Capped Index. 
9/23/2019 United States 3x Short Oil Fund (USOD) USOD will undergo a reverse 1-for-2 reverse split on 10/4/2019.

 

Contact Heather Bell at [email protected]

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