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Fourteen new names are being added to ETF Deathwatch for February and five removed. The total list increases by nine to 152, consisting of 114 ETFs and 38 ETNs. This is only the third time in the past 20 months the total quantity has exceeded 150. The average fund on the list has just $6.8 million in assets, while being 28.8 months old. One has to wonder how much longer the sponsors can continue to operate these funds at a loss.

All new product launches are given a 6-month grace period (immunity) in which to gain traction with investors before they are considered for ETF Deathwatch. The 23 products launched in July 2010 are now eligible for inclusion, and 13 of them received that dubious honor.

We are using new ETF Deathwatch criteria for 2011, and one of the intentions is to help stabilize the constituents from month to month. It seems to be accomplishing that goal with only six changes to this month’s list not related to funds exiting the 6-month grace period.

Barclays ETN+ S&P 500 2x Short C 2009 ETN (NASDAQ:BXDC) was added as assets dropped to less than $4 million, even though trading activity is quite high. Five funds escaped the grip of ETF Deathwatch and were removed this month. The turmoil in Egypt helped Market Vectors Gulf States (NYSEARCA:MES) as well as Market Vectors Egypt Index ETF (NYSEARCA:EGPT) increase assets and trading. The other three funds showing enough improvement to be removed were iShares S&P Global Nuclear Energy (NASDAQ:NUCL), PowerShares Dynamic Financials (NYSEARCA:PFI), and UBS E-TRACS CMCI Food TR ETN (NYSEARCA:FUD).

Added To ETF Deathwatch for February:

  1. AdvisorShares WCM/BNY Mellon Focused Growth ADR (NYSEARCA:AADR)
  2. Barclays ETN+ S&P 500 2x Short C 2009 ETN (BXDC)
  3. Direxion Daily Natural Gas Related Bear 2x (FCGS)
  4. Direxion Daily Retail Bear 2x (NYSE:RETS)
  5. iShares MSCI ACWI ex US Consumer Staples (NYSEARCA:AXSL)
  6. iShares MSCI ACWI ex US Consumer Discretionary (NYSEARCA:AXDI)
  7. iShares MSCI ACWI ex US Energy (NYSEARCA:AXEN)
  8. iShares MSCI ACWI ex US Health Care (NYSEARCA:AXHE)
  9. iShares MSCI ACWI ex US Industrials (NYSEARCA:AXID)
  10. iShares MSCI ACWI ex US Information Technology (NYSEARCA:AXIT)
  11. iShares MSCI ACWI ex US Materials (NYSEARCA:AXMT)
  12. iShares MSCI ACWI ex US Telecom Services (NYSEARCA:AXTE)
  13. iShares MSCI ACWI ex US Utilities (NYSEARCA:AXUT)
  14. UBS E-TRACS Alerian Natural Gas MLP ETN (NYSEARCA:MLPG)

Removed from ETF Deathwatch for February:

  1. iShares S&P Global Nuclear Energy (NUCL)
  2. Market Vectors Gulf States (MES)
  3. Market Vectors Egypt Index ETF (EGPT)
  4. PowerShares Dynamic Financials (PFI)
  5. UBS E-TRACS CMCI Food TR ETN (FUD)

Listed below are the 152 products on ETF Deathwatch for February 2011 (sorted by name).

ETF Deathwatch for February 2011

# Ticker Sym ETF Name Age (mths) AUM (millions) 3-mth Avg Daily $ Volume
1 AADR AdvisorShares WCM/BNY Mellon Foc Gr ADR 6.5 $8.2 $117,049
2 PGD Barclays Asian&Gulf Currency Reval. ETN 31.9 $4.1 $16,405
3 BXDC Barclays ETN+ S&P 500 2x Short C 2009 ETN 14.6 $3.8 $1,058,202
4 BXDD Barclays ETN+ S&P 500 3x Short D 2009 ETN 14.6 $4.4 $849,576
5 JEM Barclays GEMS Currency Index ETN 36.5 $3.8 $59,434
6 ADRU BLDRS Europe 100 ADR 100.0 $21.8 $82,261
7 GCE Claymore CEF Index GS Connect ETN 38.3 $3.5 $80,160
8 ULQ Claymore U.S. Cap Mkts Micro-Trm Fxd Inc 36.1 $5.0 $17,079
9 UBD Claymore U.S. Capital Markets Bond 36.1 $10.4 $60,372
10 XRU CurrencyShares Russian Ruble Shares 27.1 $6.7 $32,809
11 BRIS Direxion Daily BRIC Bear 2x 10.9 $2.8 $15,591
12 BRIL Direxion Daily BRIC Bull 2x 10.9 $4.2 $175,548
13 INDZ Direxion Daily India Bear 2x 10.9 $3.1 $126,425
14 LHB Direxion Daily Latin America Bear 3x 14.1 $3.8 $311,066
15 FCGS Direxion Daily Natural Gas Related Bear 2x 6.7 $2.2 $29,969
16 RETS Direxion Daily Retail Bear 2x 6.7 $2.6 $157,282
17 EEO EGS DJ Emerging Markets Energy Titans 20.7 $16.1 $167,604
18 EFN EGS DJ Emerging Markets Financials Titans 16.7 $10.3 $96,479
19 BVL ELEMENTS Ben Graham Large Cap Value ETN 30.0 $0.6 $7,066
20 BSC ELEMENTS Ben Graham Small Cap Value ETN 30.0 $2.0 $30,061
21 BVT ELEMENTS Ben Graham Total Mkt Value ETN 30.0 $0.9 $7,417
22 GWO ELEMENTS CS Global Warming ETN 34.4 $3.5 $17,433
23 DOD ELEMENTS Dogs of the Dow Total Return ETN 39.3 $2.5 $55,340
24 FUE ELEMENTS MLCX Biofuels ETN 36.3 $2.8 $128,684
25 WMW ELEMENTS Morningstar Wide Moat Focus ETN 40.0 $6.0 $59,301
26 EEH ELEMENTS Spctrm LgCap US Sector Mo ETN 42.6 $1.1 $1,697
27 FZB FaithShares Baptist Values Fund 13.7 $1.5 $4,036
28 FCV FaithShares Catholic Values Fund 13.9 $3.0 $31,168
29 FOC FaithShares Christian Values Fund 13.9 $3.0 $25,246
30 FKL FaithShares Lutheran Values Fund 13.7 $1.4 $6,752
31 FMV FaithShares Methodist Values Fund 13.9 $1.5 $5,806
32 FVI First Trust Value Line Equity Allocation 50.6 $7.2 $42,133
33 CHIE Global X China Energy ETF 13.7 $9.6 $215,691
34 CHIB Global X China Technology ETF 13.9 $5.3 $71,385
35 GVT Grail American Beacon Large Cap Value 21.2 $1.6 $9,140
36 GMTB Grail McDonnell Core Taxable Bond ETF 12.2 $2.5 $8,226
37 GMMB Grail McDonnell Intermediate Municipal Bnd 12.2 $2.5 $9,756
38 RWG Grail RP Focused Large Cap Growth ETF 16.2 $9.6 $53,431
39 RPX Grail RP Growth ETF 16.2 $4.7 $10,884
40 EEN Guggenheim EW Euro-Pacific LDRs ETF 47.7 $3.1 $19,286
41 XGC Guggenheim International Small Cap LDRs 46.6 $8.4 $139,079
42 OTR Guggenheim Ocean Tomo Growth Index ETF 46.7 $5.6 $65,651
43 OTP Guggenheim Ocean Tomo Patent ETF 50.3 $19.8 $46,545
44 BHH HOLDRS B2B Internet ETF 133.1 $7.9 $156,199
45 EKH HOLDRS Europe 2001 122.2 $4.9 $11,577
46 MKH HOLDRS Merrill Lynch Market 2000+ 126.9 $12.8 $19,484
47 WMH HOLDRS Wireless 124.8 $16.1 $25,884
48 LD iPath DJ-UBS Lead ETN 31.7 $6.6 $104,752
49 ERO iPath EUR/USD Exchange Rate ETN 45.4 $6.5 $49,156
50 GBB iPath GBP/USD Exchange Rate ETN 45.4 $4.8 $142,788
51 GRN iPath Global Carbon ETN 31.7 $4.3 $18,256
52 JYN iPath JPY/USD Exchange Rate ETN 45.4 $18.3 $233,204
53 TWON IQ Taiwan Small Cap 8.6 $3.1 $74,947
54 MUAE iShares 2016 S&P AMT-Free Muni Series 13.0 $15.1 $71,390
55 IFEU iShares FTSE EPRA/NAREIT Europe 39.0 $9.1 $96,001
56 AXDI iShares MSCI ACWI ex US Consumer Discr 6.6 $6.5 $27,256
57 AXSL iShares MSCI ACWI ex US Consumer Staples 6.6 $3.0 $51,744
58 AXEN iShares MSCI ACWI ex US Energy 6.6 $6.3 $90,667
59 AXFN iShares MSCI ACWI ex US Financials 12.5 $2.5 $7,039
60 AXHE iShares MSCI ACWI ex US Health Care 6.6 $5.6 $24,831
61 AXID iShares MSCI ACWI ex US Industrials 6.6 $6.2 $31,632
62 AXIT iShares MSCI ACWI ex US Info Technology 6.6 $6.2 $52,613
63 AXMT iShares MSCI ACWI ex US Materials 6.6 $6.6 $78,301
64 AXTE iShares MSCI ACWI ex US Telecom Services 6.6 $5.9 $11,897
65 AXUT iShares MSCI ACWI ex US Utilities 6.6 $5.6 $23,065
66 EMFN iShares MSCI Emerging Markets Financials 12.5 $12.1 $88,308
67 EMMT iShares MSCI Emerging Markets Materials 12.5 $12.2 $179,801
68 FEFN iShares MSCI Far East Financials Sector 12.5 $2.6 $10,341
69 EIRL iShares MSCI Ireland Cap. Investable Mkt 9.0 $6.2 $154,229
70 EUSA iShares MSCI USA Index Fund 9.0 $1.4 $63,266
71 IWL iShares Russell Top 200 Index Fund 16.4 $11.8 $20,883
72 TZD iShares S&P Target Date 2010 Index Fund 27.3 $4.7 $12,989
73 TZE iShares S&P Target Date 2015 Index Fund 27.3 $11.3 $92,731
74 TZG iShares S&P Target Date 2020 Index Fund 27.3 $11.6 $82,372
75 TZI iShares S&P Target Date 2025 Index Fund 27.3 $11.8 $67,413
76 TZL iShares S&P Target Date 2030 Index Fund 27.3 $10.2 $46,813
77 TZO iShares S&P Target Date 2035 Index Fund 27.3 $5.1 $27,385
78 TZV iShares S&P Target Date 2040 Index Fund 27.3 $12.0 $64,945
79 TGR iShares S&P Target Date Retirement Inc. 27.3 $6.0 $54,959
80 CRBA Jefferies|TR/J CRB Global Agriculture Equity 15.4 $10.8 $158,282
81 CRBI Jefferies|TR/J CRB Global Ind Metals Equity 15.4 $4.8 $60,992
82 JCO JETS Contrarian Opportunities 9.9 $12.0 $283,337
83 JFT KEYnotes FT Enhanced 130/30 Large Cap ETN 32.8 $3.7 $23,236
84 URR Market Vectors Double Long Euro ETN 33.3 $2.5 $40,814
85 INR Market Vectors Indian Rupee/USD ETN 35.0 $5.0 $99,815
86 NASI Pax MSCI North America ESG Index 8.6 $2.8 $41,433
87 PQZ PowerShares Active Alpha Multi-Cap 34.2 $3.0 $18,745
88 PLK PowerShares Active Low Duration 34.1 $11.4 $114,058
89 PMA PowerShares Active Mega-Cap Portfolio 34.1 $3.9 $23,000
90 LBND PowerShares DB 3x Long 25+ Treas ETN 7.2 $2.9 $18,737
91 AGA PowerShares DB Agriculture Dbl Short ETN 34.0 $3.9 $247,823
92 AGF PowerShares DB Agriculture Long ETN 34.0 $4.8 $112,058
93 ADZ PowerShares DB Agriculture Short ETN 34.0 $2.2 $55,841
94 BDG PowerShares DB Base Metals Long ETN 32.0 $1.7 $39,277
95 BOS PowerShares DB Base Metals Short ETN 31.9 $3.0 $48,894
96 DEE PowerShares DB Commodity Dbl Short ETN 33.6 $2.1 $70,607
97 DPU PowerShares DB Commodity Long ETN 33.6 $6.9 $39,216
98 DDP PowerShares DB Commodity Short ETN 33.6 $1.3 $14,569
99 PIC PowerShares Dynamic Insurance 64.1 $15.6 $73,670
100 PJM PowerShares Dynamic Small Cap 50.7 $18.0 $99,069
101 PSTL PowerShares Global Steel Portfolio 28.7 $5.9 $148,323
102 PTO PowerShares Ibbotson Alternative Completion 32.9 $9.4 $51,394
103 PYH PowerShares Morningstar StockInvestor Core 50.7 $18.8 $104,618
104 XLBS PowerShares S&P SmallCap Materials 10.0 $5.7 $92,249
105 SBM ProShares Short Basic Materials 10.6 $3.8 $36,142
106 EFO ProShares Ultra MSCI EAFE 20.2 $8.9 $155,307
107 UPV ProShares Ultra MSCI Europe 9.2 $3.7 $59,615
108 UMX ProShares Ultra MSCI Mexico Investable Mkt 9.2 $2.0 $47,446
109 UXJ ProShares Ultra MSCI Pacific Ex-Japan 9.2 $3.6 $77,637
110 BIB ProShares Ultra Nasdaq Biotechnology 9.9 $6.0 $99,261
111 UVU ProShares Ultra Russell Midcap Value 47.9 $8.5 $91,508
112 UWC ProShares Ultra Russell3000 19.3 $8.0 $73,004
113 SMDD ProShares UltraPro Short S&P MidCap400 11.8 $2.6 $691,173
114 CMD ProShares UltraShort DJ-UBS Commodity 26.6 $2.3 $82,793
115 RXD ProShares UltraShort Healthcare 48.7 $4.3 $87,592
116 SMK ProShares UltraShort MSCI Mexico 19.7 $2.7 $70,717
117 JPX ProShares UltraShort MSCI Pacific ex-Japan 19.7 $2.8 $149,226
118 BIS ProShares UltraShort Nasdaq Biotechnology 9.9 $2.5 $21,532
119 SFK ProShares UltraShort Russell 1000 Growth 47.9 $5.0 $53,959
120 SJF ProShares UltraShort Russell 1000 Value 47.9 $2.5 $79,734
121 SDK ProShares UltraShort Russell Midcap Growth 47.9 $3.1 $52,405
122 SJL ProShares UltraShort Russell Midcap Value 47.9 $2.1 $16,246
123 TWQ ProShares UltraShort Russell3000 19.3 $1.6 $79,135
124 TLL ProShares UltraShort Telecom 34.7 $2.7 $71,860
125 SDP ProShares UltraShort Utilities 48.7 $6.0 $192,911
126 RWV RevenueShares Navellier Overall A-100 24.6 $9.4 $43,917
127 RHS Rydex S&P Equal Weight Cons Staples 51.5 $13.9 $93,115
128 IBND SPDR Barclays International Corp Bond 8.5 $13.0 $212,340
129 KME SPDR KBW Mortgage Finance ETF 21.4 $2.1 $47,907
130 VRD SPDR Nuveen S&P VRDO Municipal Bond ETF 16.5 $9.0 $116,744
131 JPP SPDR Russell/Nomura PRIME Japan 51.3 $8.3 $51,522
132 IPW SPDR S&P International Energy 30.7 $15.8 $115,797
133 IPF SPDR S&P International Financial 30.7 $6.2 $37,581
134 IRY SPDR S&P International Health Care 30.7 $12.2 $87,039
135 IPU SPDR S&P International Utilities 30.7 $8.7 $28,733
136 TDD TDX Independence 2010 40.6 $14.2 $42,061
137 TDX TDX Independence In-Target 40.6 $15.7 $57,080
138 MLPG UBS E-TRACS Alerian Natural Gas MLP ETN 6.7 $11.7 $70,240
139 UBN UBS E-TRACS CMCI Energy TR ETN 34.4 $4.5 $8,143
140 UBG UBS E-TRACS CMCI Gold TR ETN 34.4 $5.8 $32,485
141 UBM UBS E-TRACS CMCI Industrial Metals TR ETN 34.4 $6.5 $29,402
142 UBC UBS E-TRACS CMCI Livestock TR ETN 34.4 $9.6 $13,201
143 PTD UBS E-TRACS CMCI Short Platinum ER ETN 33.2 $4.5 $3,425
144 USV UBS E-TRACS CMCI Silver TR ETN 34.4 $6.4 $132,716
145 SPGH UBS E-TRACS S&P 500 Gold Hedged Idx ETN 12.3 $14.5 $17,381
146 WXSP Wilshire 4500 Completion ETF (Guggenheim) 10.9 $6.0 $28,236
147 WFVK Wilshire 5000 Total Market ETF (Guggenheim) 10.9 $2.9 $31,805
148 WREI Wilshire US REIT ETF (Guggenheim) 10.9 $11.0 $131,846
149 EU WisdomTree Dreyfus Euro 33.1 $9.4 $46,496
150 JYF WisdomTree Dreyfus Japan Yen 32.8 $12.8 $32,131
151 EZY WisdomTree Large Cap Value 47.9 $24.6 $116,843
152 ROI WisdomTree LargeCap Growth 26.3 $24.4 $87,744

Data sources: AUM from National Stock Exchange, daily prices and volume of individual ETPs from Norgate Premium Data, and all other information compiled by Invest With An Edge.

Past issues of ETF Deathwatch are available here.

Disclosure covering writer, editor, and publisher: No positions in any of the 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 Deathwatch for February 2011: 14 New Names