ETF Watch: A Dozen Closures Scheduled

After a slow start to the year for closures, it looks like March will at least match its level of fund shutdowns from the prior year.
Reviewed by: Staff
Edited by: Staff

With the latest announced fund closures, it looks as if March will probably match the number of closures it saw last year. With Elkhorn most recently announcing the shutdown of two of its funds, a total of 16 funds are now expected to close in March. Last year a total of 17 ETFs closed during March.

The Elkhorn S&P 500 Capital Expenditures Portfolio (CAPX), Elkhorn’s first ETF, and the Elkhorn FTSE RAFI U.S. Equity Income ETF (ELKU) are both set to see their last day of trading on March 14. Both funds launched in 2015, but neither gathered much in the way of assets.

WisdomTree announced earlier this week that it would shut down seven of its funds after their last day of trading on March 22. The funds include the following:

Around the same time, Direxion also said it would be closing some of its funds. The three ETFs will see their last day of trading on March 31:

And late in February, we reported two closures announced by PIMCO for March 31 and another two from OppenheimerFunds that are set for March 9. Last year was a record year for closures, and if March is setting the pace for 2017, this year could beat last year.

Contact Heather Bell at [email protected]. is the single source for ETF intelligence. We provide real-time ETF news and analysis to educate investors and drive financial knowledge in the space. Our personalized and accurate information, alongside industry-leading financial tools, are depended upon to develop winning investment and financial decisions. At, we strive to serve both the individual investor as well as the professional financial advisor to educate and grow the ETF community.