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The number of exchange-traded products [ETPs] on ETF Deathwatch grew again this month. For April, the quantity is 108 (76 ETFs and 32 ETNs), up from 104 for March.

Thirteen new funds launched last September, and now that they are at least six months old they have lost their Deathwatch immunity. Nine of these have generated enough investor attention to avoid the list, but four did not. Joining ETF Deathwatch for the first time this month are PIMCO 7-15 Year U.S. Treasury (NYSEARCA:TENZ), EGS Dow Jones Emerging Markets Financials Titans (EFN), SPDR Nuveen S&P VRDO Municipal Bond (NYSEARCA:VRD), and iShares Russell Top 200 Index Fund (NYSEARCA:IWL).

Topping this month’s list are E-TRACS CMCI Livestock Total Return ETN (NYSEARCA:UBC) and E-TRACS CMCI Short Platinum Excess Return ETN (NYSEARCA:PTD), which both averaged less than 100 shares traded per day in March. UBC traded on just six of 23 market while PTD could muster only three. Six other E-TRACS are on the list this month. They have now been on the market for two years and have failed to attract any investor interest. One has to wonder how much longer UBS will subsidize these products.

Two WisdomTree funds are on the list month, even after they shuttered ten funds in March. WisdomTree Dreyfus Japan Yen (NYSE:JYF), one of their actively-managed funds, is #29 on the list and WisdomTree LargeCap Growth (NYSE:ROI), the first GARP ETF, is #68 on the list.

Listed below are the 108 products on ETF Deathwatch for April that failed to generate at least $100,000 in average daily value traded [ADVT] during the past month.

ETF Deathwatch - April 2010

Rank Ticker Name Age (mths) Avg Daily Volume Avg Daily Value Traded
1 UBC E-TRACS CMCI Livestock Total Return ETN 24 61 $1,164
2 PTD E-TRACS CMCI Short Platinum Exc Ret ETN 23 57 $1,744
3 BVL Elements Ben Graham Large Cap Value ETN 20 291 $2,970
4 GWO Elements CS Global Warming ETN 24 430 $2,984
5 GVT Grail American Beacon Large Cap Value 11 113 $3,638
6 UBN E-TRACS CMCI Energy Total Return ETN 24 257 $3,810
7 GBB iPath GBP/USD Exchange Rate ETN 35 143 $5,804
8 EEH Elements Spec LgCap US Sector Mo ETN 32 909 $7,823
9 PMA PowerShares Active Mega-Cap Portfolio 24 370 $8,586
10 JEM Barclays GEMS Currency Index ETN 26 213 $9,732
11 PQSC PowerShares FTSE Nasdaq Small Cap 24 470 $11,322
12 TWQ ProShares UltraShort Russell3000 9 530 $12,025
13 GRN iPath Global Carbon ETN 22 522 $12,539
14 FUE Elements MLCX Biofuels ETN 26 1,696 $12,652
15 STH Claymore/Sabrient Stealth 43 882 $14,227
16 BHH HOLDRS B2B Internet ETF 123 31,641 $14,399
17 BVT Elements Ben Graham Total Mkt Value ETN 20 1,322 $14,531
18 CRO Claymore/Zacks Country Rotation 33 913 $14,989
19 ADZ PowerShares DB Agriculture Short ETN 24 435 $15,266
20 BDG PowerShares DB Base Metals Lng ETN 22 704 $16,106
21 JYN iPath JPY/USD Exchange Rate ETN 35 283 $18,307
22 PTRP PowerShares Glb Progressive Transport. 19 678 $18,575
23 USV E-TRACS CMCI Silver Total Return ETN 24 770 $18,815
24 EXB Claymore/Beacon Gbl Exch, Brkrs, & Asst Mgrs 34 1,439 $19,101
25 PNXQ PowerShares Nasdaq Next Q 24 730 $19,117
26 DOD Elements Dogs of the Dow Total Return ETN 29 2,691 $19,526
27 TENZ PIMCO 7-15 Year U.S. Treasury Index Fund 7 270 $20,135
28 JVS Javelin DJ Islamic Market International 9 439 $20,994
29 JYF WisdomTree Dreyfus Japan Yen 23 748 $21,470
30 AGF PowerShares DB Agriculture Long ETN 24 1,483 $22,469
31 EKH HOLDRS Europe 2001 112 357 $22,495
32 IFEU iShares FTSE EPRA/NAREIT Europe 29 822 $23,279
33 EEN Claymore/BNY Mellon EW Euro-Pacific LDRs 38 1,361 $25,030
34 RTW Rydex Inverse 2x S&P Technology 22 1,435 $25,380
35 FDD First Trust DJ STOXX European Select Div 31 1,948 $25,957
36 TZO iShares S&P Target Date 2035 Index Fund 17 848 $26,175
37 UBG E-TRACS CMCI Gold Total Return ETN 24 904 $27,275
38 RHO Rydex Inverse 2x S&P Health Care 22 905 $27,413
39 PGD Barclays Asian&Gulf Currency Reval. ETN 22 565 $28,068
40 PBTQ PowerShares Global Biotech Portfolio 19 1,126 $28,630
41 TZD iShares S&P Target Date 2010 Index Fund 17 991 $29,018
42 AYT Barclays GEMS Asia 8 ETN 19 626 $29,519
43 UAG E-TRACS CMCI Agriculture TR ETN 24 1,535 $29,967
44 ERO iPath EUR/USD Exchange Rate ETN 35 583 $30,706
45 IWL iShares Russell Top 200 Index Fund 6 1,157 $30,776
46 UBD Claymore U.S. Capital Markets Bond ETF 26 648 $31,731
47 UBM E-TRACS CMCI Industrial Metals TR ETN 24 1,504 $32,192
48 JFT First Trust Enhanced 130/30 Large Cap ETN 23 1,099 $34,216
49 TLL ProShares UltraShort Telecom 24 2,530 $36,432
50 WMW Elements Mrngstr Wide Moat Focus ETN 30 3,500 $38,040
51 TZL iShares S&P Target Date 2030 Index Fund 17 1,274 $39,422
52 TZG iShares S&P Target Date 2020 Index Fund 17 1,374 $41,701
53 TZE iShares S&P Target Date 2015 Index Fund 17 1,422 $42,577
54 ULQ Claymore U.S. Cap Mkts Micro-Trm Fxd Inc 26 868 $43,245
55 TDD TDX Independence 2010 30 1,870 $43,456
56 XRU CurrencyShares Russian Ruble Shares 17 1,313 $44,140
57 PIQ PowerShares Dynamic Magniquant 42 2,122 $45,645
58 BSC Elements Ben Graham Small Cap Value ETN 20 4,091 $47,359
59 PAO PowerShares Auto Balanced Growth NFA 23 4,157 $48,482
60 IPW SPDR S&P International Energy 20 1,913 $49,095
61 DEF Claymore/Sabrient Defender 40 2,304 $49,686
62 IPU SPDR S&P International Utilities 20 2,309 $49,717
63 IPS SPDR S&P International Consumer Staples 20 1,787 $51,252
64 TZV iShares S&P Target Date 2040 Index Fund 17 1,726 $53,581
65 XGC Claymore/BNY Mellon Intl Small Cap LDRs 36 2,687 $54,278
66 UWC ProShares Ultra Russell3000 9 883 $57,095
67 WMH HOLDRS Wireless 115 1,239 $57,169
68 ROI WisdomTree LargeCap Growth 16 1,674 $57,306
69 TZI iShares S&P Target Date 2025 Index Fund 17 1,900 $58,561
70 TGR iShares S&P Target Date Retirement Inc. 17 2,104 $59,462
71 FUD E-TRACS CMCI Food Total Return ETN 24 3,009 $59,928
72 SJL ProShares UltraShort Russell Midcap Value 38 2,735 $60,215
73 RWV RevenueShares Navellier Overall A-100 14 1,865 $60,385
74 PJM PowerShares Dynamic Small Cap 41 3,191 $63,936
75 PCA PowerShares Auto Balanced NFA 23 5,235 $63,981
76 PSTL PowerShares Global Steel Portfolio 19 2,961 $67,896
77 VRD SPDR S&P VRDO Municipal Bond ETF 6 2,391 $71,773
78 FPX First Trust US IPO Index Fund 48 3,474 $72,349
79 RHM Rydex 2x S&P Health Care 22 1,035 $73,495
80 PEF PowerShares FTSE RAFI Europe 34 2,217 $75,777
81 FVI First Trust Value Line Equity Allocation 40 4,183 $76,411
82 INR Market Vectors Indian Rupee/USD ETN 25 1,961 $76,958
83 PTO PowerShares Auto Growth NFA 23 6,861 $77,301
84 INY SPDR Barclays New York Muni Bond 30 3,465 $78,307
85 REC Rydex Inverse 2x S&P Energy 22 15,578 $79,926
86 JJS iPath DJ-UBS Softs ETN 22 1,748 $80,535
87 MKH HOLDRS Merrill Lynch Market 2000+ 117 1,643 $81,022
88 MCRO IQ Hedge Macro Tracker ETF 10 3,126 $82,664
89 BDH HOLDRS Broadband ETF 122 7,265 $83,398
90 FAD First Trust Multi Cap Growth AlphaDEX 35 3,235 $83,927
91 PIC PowerShares Dynamic Insurance 54 5,565 $84,115
92 EFN EGS DJ Emerging Markets Financials Titans 7 1,917 $85,247
93 GXF Global X FTSE Nordic 30 ETF 7 5,057 $85,681
94 EZJ ProShares Ultra MSCI Japan 10 1,243 $86,549
95 EEO EGS DJ Emg Mkts Energy Titans 10 1,843 $86,692
96 AGA PowerShares DB Agriculture Dbl Short ETN 24 1,978 $88,369
97 OTR Claymore/Ocean Tomo Growth 36 3,591 $88,458
98 PQBW PowerShares Nasdaq 100 Buy/Write 22 4,030 $89,034
99 PKW PowerShares Buyback Achievers 40 4,226 $91,884
100 PWO PowerShares Dynamic OTC 84 2,148 $92,610
101 IFAS iShares FTSE EPRA/NAREIT Asia 29 3,278 $94,301
102 URR Market Vectors Double Long Euro ETN 23 3,158 $94,596
103 LVL Claymore/BBD High Income 34 6,426 $94,869
104 IPN SPDR S&P International Industrial 20 3,869 $95,144
105 JJE iPath DJ-UBS Energy ETN 30 4,004 $97,298
106 IST SPDR S&P International Telecom 20 4,239 $97,749
107 PTE PowerShares Dynamic Telecom & Wireless 53 6,804 $97,774
108 TDV TDX Independence 2040 30 5,287 $98,437

Disclosure: no positions.

Source: ETF Deathwatch for April Sees More Growth