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There were 23 new ETFs and five new ETNs launched in November. No products were delisted. The net increase of 28 pushed the quantity of listed products to 908, the first time the count has been above 900.

In theory, each hundred new products should come quicker than the previous since it represents a smaller percentage increase. However, it took 18 months for the list to grow from 800 to 900 while the climb from 700 to 800 took just four months.


In fact, the 400, 500, 600, 700, and 800 levels were all eclipsed during the 18-month period prior to the one just completed. In other words, new listings grew at only 15% over the past 18 months versus more than 100% in the previous 18-month span.

Even with that dramatic decline in the growth rate, the number of new listings in November was the highest in twelve months. This was still far below the record of 50 launched in January 2007. The pace is picking up once again but remains well below the rapid climb we saw from 2006-2008 when the number of products increased by 279% (an annualized growth rate of 56% per year).

November 2009 Month End ETFs ETNs Total
Currently Listed U.S. 819 89 908
Listed as of 12/31/2008 760 85 845
New Introductions for Month 23 5 28
Delistings/Closures for Month 0 0 0
Net Change for Month +23 +5 +28
New Introductions YTD 104 9 113
Delistings/Closures YTD 45 5 50
Net Change YTD +59 +4 +63
On Deathwatch at End of Month 88 40 128
% on Deathwatch 10.7% 44.9% 14.1%

Notes: The ETF counts include MacroShares, which technically are not ETFs. The new introductions and closings quantities do not include the XGC extreme makeover in July.

New products launched in November (in chronological order):

Product closures/delistings in November:


Previous ETF monthly statistics reports are available here.

Disclosure covering writer, editor, and publisher: Long GDXJ. No positions in any of the other securities mentioned. No positions in any of the companies or ETF sponsors mentioned. No income, revenue, or other compensation (either directly or indirectly) received from, or on behalf of, any of the companies or ETF sponsors mentioned.

Source: ETF Stats for November 2009