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The ETF Deathwatch list now stands at 291 (216 ETFs and 75 ETNs), inching closer to the 300 mark. The net increase from last month was three, as sixteen names joined and thirteen came off. Most of the removals came via the delisting and closure of eight Global X ETFs. Five others escaped the list more honorably through increased trading activity and/or asset growth.

A product’s appearance on ETF Deathwatch is neither a death sentence nor a lifetime conviction (see Barron’s ‘Deathwatch’ ETFs Can Be Resurrected). Membership is dynamic, with healthy funds coming off the list and struggling ones joining. In theory, a list from three years ago should bear little resemblance to current membership. The reason for this is simple: many of these ETFs gain assets and subsequently rotate off Deathwatch as their threat of closure subsides. Others leave because they actually do close. In a few cases, however, sponsors ares willing to provide life-support to an unprofitable product for long periods. This is why a few ETFs remain on the list for years. Sometimes it is a strategic decision, but other times looks more like pure stubbornness.

Most of the 291 products on Deathwatch face a real possibility of closure. The largest risk is not, however, that they may close in the future. No, the more notable risk is that they suffer from extremely poor liquidity today. Wide bid/ask spreads, little to no volume behind the quotes, and sleeping market makers can potentially inflict much more damage on unknowing investors than a fund closure.

Still don’t think illiquidity is a problem? Here’s a fact to consider: On the last day of February, a total of 152 ETFs and ETNs had no trades for the day. Their volume was zero. Seven went the entire month with no volume. One product, iPath Long Extended 3x Russell 1000 TR ETN (NYSEARCA:ROLA), has yet to post its first trade of 2012.

What makes ETFs unique and limits discounts and premiums is their ability to create and redeem shares through in-kind exchange. However, this process requires trading activity. The creation/redemption process typically involves 50,000 shares of the ETF. The ETFs on Deathwatch routinely take weeks or months to generate that much volume. For them, the creation/redemption process is virtually non-existent. There is no ability to arbitrage the price to the net asset value.

The 16 ETPs Added to ETF Deathwatch for March 2012:

  1. Barclays ETN+ S&P 500 1x Short B ETN (NYSEARCA:BXDB)
  2. Direxion Daily 7-10 Year Treasury Bull 3x (NYSEARCA:TYD)
  3. Direxion Daily Agribusiness Bull 3x (COWL)
  4. EGShares India Consumer ETF (NYSEARCA:INCO)
  5. Guggenheim MSCI EAFE Equal Weight ETF (NYSEARCA:EWEF)
  6. Guggenheim S&P MidCap 400 Equal Weight (NYSEARCA:EWMD)
  7. Guggenheim S&P SmallCap 600 Equal Weight (NYSEARCA:EWSM)
  8. Guggenheim Wilshire Micro-Cap ETF (NYSEARCA:WMCR)
  9. iPath CBOE S&P 500 BuyWrite Index ETN (NYSEARCA:BWV)
  10. iShares S&P Target Date 2045 Index Fund (NYSEARCA:TZW)
  11. iShares S&P Target Date 2050 Index Fund (NYSEARCA:TZY)
  12. ProShares Ultra DJ-UBS Commodity (NYSEARCA:UCD)
  13. ProShares Ultra Yen (NYSEARCA:YCL)
  14. Russell 2000 High Volatility ETF (SHVY)
  15. SPDR S&P International Technology (NYSEARCA:IPK)
  16. Teucrium WTI Crude Oil Fund (NYSEARCA:CRUD)

The 13 ETPs removed from ETF Deathwatch for March 2012:

  1. Barclays ETN+ S&P 500 2x Short C ETN (NASDAQ:BXDC) due to increased trading
  2. First Trust DJ STOXX European Select Dividend (NYSEARCA:FDD) due to increased trading
  3. Global X Farming ETF (BARN) closed 2/16/12
  4. Global X Fishing Industry ETF (FISN) closed 2/16/12
  5. Global X Food ETF (EATX) closed 2/16/12
  6. Global X Mexico Small-Cap ETF (MEXS) closed 2/16/12
  7. Global X Oil Equities ETF (NYSE:XOIL) closed 2/16/12
  8. Global X Russell Emerging Markets Growth ETF (NYSE:EMGX) closed 2/16/12
  9. Global X Russell Emerging Markets Value ETF (NYSE:EMVX) closed 2/16/12
  10. Global X Waste Management ETF (WSTE) closed 2/16/12
  11. Guggenheim Enhanced Short Duration Bond (NYSEARCA:GSY) assets surged to $149 million
  12. IQ US Real Estate Small Cap ETF (NYSEARCA:ROOF) assets increased to $31 million
  13. UBS ETRACS CMCI Gold TR ETN (NYSEARCA:UBG) due to increased trading

ETF Deathwatch for March 2012

# Ticker Sym ETF Name Age (mths) AUM (millions) 3-mth Avg $ Volume
1 AGLS AdvisorShares Accuvest Global Long Short ETF 20.0 $14.0 $238,366
2 DENT AdvisorShares Dent Tactical ETF 29.9 $8.3 $107,453
3 FWDD AdvisorShares Madrona Domestic ETF 8.4 $15.8 $21,442
4 FWDB AdvisorShares Madrona Global Bond ETF 8.4 $16.1 $31,852
5 FWDI AdvisorShares Madrona International ETF 8.4 $12.9 $16,168
6 MATH AdvisorShares Meidell Tactical Advantage ETF 8.4 $4.0 $72,685
7 AADR AdvisorShares WCM/BNY Mellon Foc Gr ADR 19.6 $7.6 $91,639
8 BXDB Barclays ETN+ S&P 500 1x Short B 2009 ETN 27.8 $4.9 $61,583
9 ADRU BLDRS Europe 100 ADR 113.2 $14.0 $53,284
10 GCE Claymore CEF Index GS Connect ETN 51.4 $3.6 $90,743
11 GVT Columbia Concentrated Large Cap Value Strat 34.4 $3.0 $10,442
12 GMTB Columbia Core Bond Strategy Fund 25.4 $5.2 $21,933
13 RPX Columbia Growth Equity Strategy Fund 29.3 $1.5 $18,397
14 GMMB Columbia Intermediate Municipal Bond Strategy 25.4 $5.6 $47,280
15 RWG Columbia Large-Cap Growth Equity 29.3 $7.5 $34,685
16 CSMB Credit Suisse Merger Arb Liquid 2x Mth ETN 11.9 $23.8 $64,727
17 FXRU CurrencyShares Russian Ruble Shares 40.2 $5.1 $26,601
18 TDD db-X 2010 Target Date Fund 53.7 $14.2 $23,624
19 TDX db-X In-Target Date Fund 53.7 $15.8 $27,544
20 DBBR db-X MSCI Brazil Currency-Hedged Equity 8.8 $4.9 $1,911
21 DBCN db-X MSCI Canada Currency-Hedged Equity 8.8 $4.8 $1,382
22 DBEM db-X MSCI Emerging Mkts Currency-Hdg Eqty 8.8 $4.8 $27,042
23 DBJP db-X MSCI Japan Currency-Hedged Equity 8.8 $5.2 $25,391
24 TYBS Direxion Daily 20+ Year Treasury Bear 1x 11.4 $2.9 $4,083
25 TYNS Direxion Daily 7-10 Year Treasury Bear 1x 11.4 $3.4 $1,831
26 TYD Direxion Daily 7-10 Year Treasury Bull 3x 35.0 $3.9 $589,997
27 COWS Direxion Daily Agribusiness Bear 3x 9.3 $2.2 $115,070
28 COWL Direxion Daily Agribusiness Bull 3x 9.3 $4.6 $226,219
29 MATS Direxion Daily Basic Materials Bear 3x 8.6 $2.5 $167,379
30 BRIS Direxion Daily BRIC Bear 3x 24.0 $1.8 $70,391
31 BRIL Direxion Daily BRIC Bull 3x 24.0 $7.7 $313,506
32 SICK Direxion Daily Healthcare Bear 3x 8.6 $2.7 $29,173
33 CURE Direxion Daily Healthcare Bull 3x 8.6 $4.0 $65,286
34 INDZ Direxion Daily India Bear 3x 24.0 $4.4 $320,503
35 GASX Direxion Daily Natural Gas Related Bear 3x 19.8 $2.3 $327,151
36 RETS Direxion Daily Retail Bear 3x 19.8 $1.5 $121,192
37 TOTS Direxion Daily Total Market Bear 1x 8.6 $3.4 $12,630
38 LGEM EGShares Basic Materials GEMS ETF 8.4 $1.7 $21,844
39 GGEM EGShares Consumer Goods GEMS ETF 8.4 $1.1 $13,454
40 VGEM EGShares Consumer Services GEMS ETF 8.4 $1.0 $11,617
41 FGEM EGShares Financials GEMS ETF 29.9 $3.2 $20,461
42 HGEM EGShares Health Care GEMS ETF 8.4 $1.9 $9,683
43 INCO EGShares India Consumer ETF 6.8 $1.9 $23,239
44 IGEM EGShares Industrials GEMS ETF 8.4 $2.9 $28,984
45 QGEM EGShares Technology GEMS ETF 8.4 $1.9 $4,959
46 TGEM EGShares Telecom GEMS ETF 8.4 $2.0 $22,406
47 UGEM EGShares Utilities GEMS ETF 8.4 $2.9 $41,609
48 GWO ELEMENTS CS Global Warming ETN 47.6 $3.0 $6,513
49 DOD ELEMENTS Dogs of the Dow Total Return ETN 52.5 $16.1 $263,026
50 FUE ELEMENTS MLCX Biofuels ETN 49.4 $2.2 $7,255
51 WMW ELEMENTS Morningstar Wide Moat Focus ETN 53.2 $8.2 $73,134
52 EEH ELEMENTS Spctrm LgCap US Sector Mo ETN 55.7 $1.1 $2,927
53 EAPS ESG Shares Pax MSCI EAFE ESG Index ETF 13.2 $7.0 $173,755
54 FOL FactorShares 2X: Oil Bull/S&P500 Bear 12.3 $2.0 $69,738
55 FSE FactorShares 2X: S&P500 Bull/TBond Bear 12.3 $1.4 $17,679
56 FSU FactorShares 2X: S&P500 Bull/USD Bear 12.3 $2.3 $4,556
57 FSA FactorShares 2X: TBond Bull/S&P500 Bear 12.3 $2.4 $10,464
58 FPA First Trust Asia Pacific Ex-Japan AlphaDEX 10.5 $2.6 $67,521
59 FBZ First Trust Brazil AlphaDEX Fund 10.5 $8.4 $67,244
60 FCA First Trust China AlphaDEX Fund 10.5 $3.6 $36,031
61 FEP First Trust Europe AlphaDEX Fund 10.5 $3.7 $129,147
62 FJP First Trust Japan AlphaDEX 10.5 $3.9 $56,229
63 FLN First Trust Latin America AlphaDEX 10.5 $4.4 $50,507
64 FMK First Trust Mega Cap AlphaDEX Fund 9.8 $5.9 $116,193
65 FNK First Trust Mid Cap Value AlphaDEX 10.5 $8.4 $92,289
66 QABA First Trust NASDAQ ABA Community Bank 32.4 $7.4 $200,922
67 FONE First Trust NASDAQ CEA Smartphone 12.5 $15.1 $69,498
68 CARZ First Trust NASDAQ Global Auto Index 9.8 $4.2 $58,869
69 FYC First Trust Small Cap Growth AlphaDEX 10.5 $5.1 $55,936
70 FYT First Trust Small Cap Value AlphaDEX 10.5 $4.3 $97,896
71 FKO First Trust South Korea AlphaDEX 10.5 $1.3 $42,029
72 FPX First Trust US IPO Index Fund 71.6 $16.8 $115,150
73 FVI First Trust Value Line Equity Allocation 63.7 $6.8 $54,007
74 FBM Focus Morningstar Basic Materials Index ETF 11.2 $4.5 $57,316
75 FCQ Focus Morningstar Communication Srvcs ETF 11.2 $5.1 $15,484
76 FCL Focus Morningstar Consumer Cyclical ETF 11.2 $5.6 $22,552
77 FCD Focus Morningstar Consumer Defensive ETF 11.2 $5.6 $25,740
78 FEG Focus Morningstar Energy Index ETF 11.2 $4.9 $238,162
79 FFL Focus Morningstar Financial Services ETF 11.2 $4.6 $46,023
80 FHC Focus Morningstar Health Care Index ETF 11.2 $5.6 $33,146
81 FIL Focus Morningstar Industrials Index ETF 11.2 $5.0 $38,032
82 FLG Focus Morningstar Large Cap Index ETF 11.2 $5.3 $86,417
83 FMM Focus Morningstar Mid Cap Index ETF 11.2 $5.1 $93,604
84 FRL Focus Morningstar Real Estate Index ETF 11.2 $5.2 $24,870
85 FOS Focus Morningstar Small Cap Index ETF 11.2 $5.0 $87,192
86 FTQ Focus Morningstar Technology Index ETF 11.2 $5.5 $105,825
87 FUI Focus Morningstar Utilities Index ETF 11.2 $6.9 $67,425
88 ALUM Global X Aluminum ETF 14.0 $3.3 $24,051
89 VROM Global X Auto ETF 9.5 $1.4 $89,003
90 BRAF Global X Brazil Financials ETF 19.3 $6.7 $30,477
91 CHIE Global X China Energy ETF 26.8 $5.9 $83,827
92 CHIX Global X China Financials ETF 27.0 $16.2 $231,376
93 CHII Global X China Industrial ETF 27.3 $5.3 $76,496
94 CHIM Global X China Materials ETF 25.9 $3.1 $35,881
95 AND Global X FTSE Andean 40 ETF 13.0 $7.3 $45,999
96 ARGT Global X FTSE Argentina 20 ETF 12.1 $4.0 $33,550
97 QQQC Global X NASDAQ China Technology ETF 27.1 $4.7 $23,168
98 GGGG Global X Pure Gold Miners ETF 11.7 $5.5 $69,332
99 TSXV Global X S&P/TSX Venture 30 Canada ETF 11.6 $2.9 $34,607
100 ABCS Guggenheim ABC High Dividend ETF 8.9 $8.2 $85,295
101 GIY Guggenheim Enhanced Core Bond ETF 49.3 $5.2 $46,959
102 EEN Guggenheim EW Euro-Pacific LDRs ETF 60.9 $2.6 $10,536
103 XGC Guggenheim International Small Cap LDRs 59.8 $5.7 $28,165
104 EWAC Guggenheim MSCI ACWI Equal Weight ETF 13.8 $3.8 $22,736
105 EWEF Guggenheim MSCI EAFE Equal Weight ETF 14.9 $11.5 $46,467
106 OTP Guggenheim Ocean Tomo Patent ETF 63.4 $4.1 $539,255
107 EWMD Guggenheim S&P MidCap 400 Equal Weight 7.0 $3.1 $55,724
108 EWSM Guggenheim S&P SmallCap 600 Equal Weight 7.0 $6.2 $14,222
109 XRO Guggenheim Sector Rotation ETF 66.2 $13.0 $39,091
110 WXSP Guggenheim Wilshire 4500 Completion ETF 24.1 $6.3 $22,907
111 WFVK Guggenheim Wilshire 5000 Total Market ETF 24.1 $6.1 $48,446
112 WMCR Guggenheim Wilshire Micro-Cap ETF 66.2 $15.6 $52,441
113 PGD iPath Asian & Gulf Currency Revaluation ETN 45.0 $4.0 $11,447
114 BWV iPath CBOE S&P 500 BuyWrite Index ETN 58.1 $11.6 $78,881
115 JJU iPath DJ-UBS Aluminum ETN 44.8 $5.8 $203,754
116 LD iPath DJ-UBS Lead ETN 44.8 $2.1 $47,403
117 ERO iPath EUR/USD Exchange Rate ETN 58.6 $4.9 $27,751
118 GBB iPath GBP/USD Exchange Rate ETN 58.6 $2.5 $11,067
119 JEM iPath GEMS Index ETN 49.6 $1.5 $7,258
120 GRN iPath Global Carbon ETN 44.8 $1.4 $8,759
121 MFLA iPath Long Enh 2x MSCI EAFE Index ETN 15.2 $2.8 $4,545
122 EMLB iPath Long Enh 2x MSCI Emerging Mkts ETN 15.2 $3.5 $6,928
123 VZZB iPath Long Enh 2x S&P 500 VIX M-T Fut ETN 7.8 $4.7 $422,884
124 ROLA iPath Long Ext 3x Russell 1000 TR ETN 15.2 $4.9 $546
125 RTLA iPath Long Ext 3x Russell 2000 TR ETN 15.2 $8.0 $589,839
126 SFLA iPath Long Ext 3x S&P 500 TR Index ETN 15.2 $7.9 $59,632
127 DIRT iPath Pure Beta Agriculture ETN 10.5 $2.4 $17,003
128 FOIL iPath Pure Beta Aluminum ETN 10.5 $3.8 $128
129 CHOC iPath Pure Beta Cocoa ETN 10.5 $2.3 $20,843
130 CAFE iPath Pure Beta Coffee ETN 10.5 $1.7 $8,393
131 CUPM iPath Pure Beta Copper ETN 10.5 $2.4 $16,544
132 CTNN iPath Pure Beta Cotton ETN 10.5 $1.8 $6,321
133 OLEM iPath Pure Beta Crude Oil ETN 10.5 $2.4 $25,158
134 ONG iPath Pure Beta Energy ETN 10.5 $2.3 $298
135 WEET iPath Pure Beta Grains ETN 10.5 $2.3 $31,443
136 HEVY iPath Pure Beta Industrial Metals ETN 10.5 $2.5 $19,920
137 LEDD iPath Pure Beta Lead ETN 10.5 $3.0 $44,258
138 LSTK iPath Pure Beta Livestock ETN 10.5 $0.6 $35,866
139 NINI iPath Pure Beta Nickel ETN 10.5 $1.5 $3,543
140 BLNG iPath Pure Beta Precious Metals ETN 10.5 $4.7 $6,725
141 SBV iPath Pure Beta S&P GSCI-Weighted ETN 10.5 $5.6 $1,596
142 GRWN iPath Pure Beta Softs ETN 10.5 $3.3 $3,350
143 SGAR iPath Pure Beta Sugar ETN 10.5 $2.7 $45,551
144 DCNG iPath Seasonal Natural Gas ETN 10.5 $2.2 $4,533
145 MFSA iPath Short Enh -2x MSCI EAFE Index ETN 15.2 $4.7 $3,325
146 ROSA iPath Short Ext -3x Russell 1000 TR ETN 15.2 $2.5 $6,104
147 DTUS iPath US Treasury 2-year Yield Bear ETN 18.9 $17.6 $74,027
148 DTUL iPath US Treasury 2-year Yield Bull ETN 18.9 $4.1 $35,396
149 DFVS iPath US Treasury 5-Year Yield Bear ETN 7.7 $1.3 $15,637
150 DFVL iPath US Treasury 5-Year Yield Bull ETN 7.7 $1.7 $775
151 STPP iPath US Treasury Steepener ETN 18.9 $13.3 $245,879
152 EMER IQ Emerging Markets Mid Cap ETF 7.7 $1.8 $20,843
153 IOIL IQ Global Oil Small Cap ETF 10.0 $1.8 $36,469
154 IFEU iShares FTSE EPRA/NAREIT Europe 52.1 $12.2 $46,962
155 FNIO iShares FTSE NAREIT Industrial/Office Cpd 58.6 $9.6 $53,971
156 IFNA iShares FTSE NAREIT North America 52.1 $15.7 $211,456
157 RTL iShares FTSE NAREIT Retail Capped 58.6 $14.1 $159,626
158 AXDI iShares MSCI ACWI ex US Consumer Discr 19.8 $6.3 $24,151
159 AXSL iShares MSCI ACWI ex US Consumer Staples 19.8 $3.2 $38,337
160 AXEN iShares MSCI ACWI ex US Energy 19.8 $6.2 $24,008
161 AXFN iShares MSCI ACWI ex US Financials 25.6 $2.2 $2,713
162 AXHE iShares MSCI ACWI ex US Health Care 19.8 $9.0 $86,341
163 AXID iShares MSCI ACWI ex US Industrials 19.8 $2.8 $6,755
164 AXIT iShares MSCI ACWI ex US Info Technology 19.8 $2.8 $7,755
165 AXMT iShares MSCI ACWI ex US Materials 19.8 $2.9 $17,320
166 AXTE iShares MSCI ACWI ex US Telecom Services 19.8 $2.7 $8,755
167 AXUT iShares MSCI ACWI ex US Utilities 19.8 $4.5 $69,917
168 EMFN iShares MSCI Emerging Markets Financials 25.6 $3.7 $64,712
169 EMMT iShares MSCI Emerging Markets Materials 25.6 $9.2 $53,861
170 FEFN iShares MSCI Far East Financials Sector 25.6 $2.5 $325
171 NUCL iShares S&P Global Nuclear Energy 44.8 $12.0 $40,844
172 TZD iShares S&P Target Date 2010 Index Fund 40.4 $4.8 $29,295
173 TZE iShares S&P Target Date 2015 Index Fund 40.4 $10.1 $86,954
174 TZG iShares S&P Target Date 2020 Index Fund 40.4 $19.0 $74,188
175 TZL iShares S&P Target Date 2030 Index Fund 40.4 $14.1 $55,710
176 TZO iShares S&P Target Date 2035 Index Fund 40.4 $8.8 $32,722
177 TZV iShares S&P Target Date 2040 Index Fund 40.4 $17.7 $53,035
178 TZW iShares S&P Target Date 2045 Index Fund 6.5 $4.1 $5,258
179 TZY iShares S&P Target Date 2050 Index Fund 6.5 $4.1 $58,046
180 TGR iShares S&P Target Date Retirement Inc. 40.4 $7.8 $30,576
181 DSXJ JPM Qtrly Dbl Short US 10-Yr Treas Fut ETN 17.1 $8.3 $61,403
182 DSTJ JPM Qtrly Dbl Short US Long Treas Fut ETN 17.1 $7.6 $2,141
183 JFT KEYnotes FT Enhanced 130/30 Large Cap ETN 45.9 $3.6 $3,423
184 XMPT Market Vectors CEF Municipal Income ETF 7.7 $8.4 $113,579
185 COLX Market Vectors Colombia ETF 11.7 $1.9 $8,651
186 URR Market Vectors Double Long Euro ETN 46.4 $1.0 $14,023
187 GERJ Market Vectors Germany Small-Cap ETF 11.0 $3.1 $22,659
188 INR Market Vectors Indian Rupee/USD ETN 48.1 $4.8 $58,625
189 FLTR Market Vectors Investment Grd Floating Rate 10.3 $7.1 $56,875
190 BONO Market Vectors LatAm Aggregate Bond ETF 9.8 $7.6 $50,771
191 RSXJ Market Vectors Russia Small-Cap ETF 10.7 $4.7 $67,211
192 MLPY Morgan Stanley Cushing MLP High Income ETN 11.6 $19.8 $66,176
193 BARL Morgan Stanley S&P 500 Crude Oil ETN 8.2 $12.0 $6,611
194 NASI Pax MSCI North America ESG Index 21.7 $7.4 $67,184
195 TRSY PIMCO Broad U.S. Treasury Index Fund 16.2 $19.1 $30,957
196 PLK PowerShares Active Low Duration 47.2 $7.7 $50,238
197 PMA PowerShares Active Mega-Cap Portfolio 47.2 $10.0 $124,475
198 CVRT PowerShares Convertible Securities Portfolio 9.3 $9.5 $105,836
199 JGBT PowerShares DB 3x Japanese G-Bond Fut ETN 11.4 $4.4 $5,849
200 UDNT PowerShares DB 3x Short USD Idx Futures ETN 9.4 $3.7 $17,325
201 ADZ PowerShares DB Agriculture Short ETN 47.1 $1.9 $68,601
202 BDG PowerShares DB Base Metals Long ETN 45.1 $1.6 $8,690
203 DYY PowerShares DB Commodity Dbl Long ETN 46.7 $14.9 $123,126
204 DEE PowerShares DB Commodity Dbl Short ETN 46.7 $2.4 $35,943
205 DPU PowerShares DB Commodity Long ETN 46.7 $6.2 $23,136
206 JGBL PowerShares DB Japanese G-Bond Fut ETN 11.4 $5.1 $44,652
207 PJB PowerShares Dynamic Banking 65.5 $12.9 $44,981
208 PEZ PowerShares Dynamic Cons Discretionary 65.5 $21.4 $109,472
209 PIC PowerShares Dynamic Insurance 77.2 $7.2 $20,998
210 PXN PowerShares Dynamic Lux Nanotech 77.2 $22.8 $76,290
211 PIQ PowerShares Dynamic Magniquant 65.5 $18.2 $28,330
212 PXLC PowerShares Fundamental Pure Large Core 63.9 $24.9 $92,291
213 PXLG PowerShares Fundamental Pure Large Gr 8.6 $3.3 $39,575
214 PXMC PowerShares Fundamental Pure Mid Core 63.9 $21.1 $52,216
215 PXSC PowerShares Fundamental Pure Small Core 63.9 $15.7 $43,199
216 PKN PowerShares Global Nuclear Energy 47.6 $16.7 $51,613
217 PSTL PowerShares Global Steel Portfolio 41.8 $4.4 $14,287
218 PWND PowerShares Global Wind Energy 44.6 $15.0 $60,649
219 PTO PowerShares Ibbotson Alternative Completion 46.0 $8.9 $40,747
220 KBWX PowerShares KBW International Financial 15.1 $3.4 $1,695
221 KBWY PowerShares KBW Premium Yield Equity REIT 15.1 $7.5 $87,399
222 KBWP PowerShares KBW Property & Casualty Ins 15.1 $4.0 $17,669
223 PMNA PowerShares MENA Frontier Countries 44.3 $19.6 $127,496
224 PYH PowerShares Morningstar StockInvestor Core 63.9 $17.1 $45,372
225 PSCM PowerShares S&P SmallCap Materials 23.1 $4.3 $60,676
226 IGS ProShares Short Investment Grade Corporate 11.2 $3.5 $47,335
227 UCD ProShares Ultra DJ-UBS Commodity 39.7 $9.9 $72,338
228 UJB ProShares Ultra High Yield 10.7 $4.4 $77,186
229 IGU ProShares Ultra Investment Grade Corporate 10.7 $2.5 $103,620
230 KRU ProShares Ultra KBW Regional Banking 22.6 $4.4 $265,788
231 UPV ProShares Ultra MSCI Europe 22.4 $2.9 $166,186
232 UMX ProShares Ultra MSCI Mexico Investable Mkt 22.4 $1.8 $28,990
233 UXJ ProShares Ultra MSCI Pacific Ex-Japan 22.4 $3.3 $71,233
234 UVG ProShares Ultra Russell 1000 Value 61.1 $7.0 $42,434
235 UWC ProShares Ultra Russell3000 32.4 $4.3 $50,970
236 LTL ProShares Ultra Telecommunications 47.8 $3.6 $126,360
237 YCL ProShares Ultra Yen 39.7 $4.9 $82,417
238 TBZ ProShares UltraShort 3-7 Year Treasury 11.0 $4.2 $16,218
239 RXD ProShares UltraShort Healthcare 61.9 $4.1 $90,928
240 SMK ProShares UltraShort MSCI Mexico 32.9 $2.0 $26,835
241 JPX ProShares UltraShort MSCI Pacific ex-Japan 32.9 $2.0 $42,915
242 BIS ProShares UltraShort Nasdaq Biotechnology 23.1 $4.9 $140,114
243 SFK ProShares UltraShort Russell 1000 Growth 61.1 $2.2 $126,602
244 SJF ProShares UltraShort Russell 1000 Value 61.1 $1.8 $63,445
245 SDK ProShares UltraShort Russell Midcap Growth 61.1 $2.1 $86,847
246 SJL ProShares UltraShort Russell Midcap Value 61.1 $1.5 $95,605
247 TWQ ProShares UltraShort Russell3000 32.4 $1.6 $30,315
248 TLL ProShares UltraShort Telecom 47.8 $2.3 $146,090
249 TPS ProShares UltraShort TIPS 12.8 $1.4 $20,099
250 SDP ProShares UltraShort Utilities 61.9 $3.3 $225,467
251 RWW RevenueShares Financials Sector Fund 40.2 $8.5 $35,207
252 RWV RevenueShares Navellier Overall A-100 37.7 $7.8 $27,998
253 HMTM Russell 1000 High Momentum ETF 9.3 $5.1 $38,486
254 HVOL Russell 1000 High Volatility ETF 9.3 $4.9 $58,829
255 LBTA Russell 1000 Low Beta ETF 9.3 $5.1 $19,432
256 SHBT Russell 2000 High Beta ETF 9.3 $9.3 $5,478
257 SHVY Russell 2000 High Volatility ETF 9.3 $4.3 $50,122
258 SLBT Russell 2000 Low Beta ETF 9.3 $5.1 $13,068
259 SLVY Russell 2000 Low Volatility ETF 9.3 $10.1 $82,110
260 AGRG Russell Aggressive Growth ETF 9.5 $5.1 $20,812
261 CNTR Russell Contrarian ETF 9.5 $4.7 $5,935
262 ONEF Russell Equity ETF 22.0 $5.7 $52,894
263 LWPE Russell Low P/E ETF 9.5 $4.9 $17,794
264 VRD SPDR Nuveen S&P VRDO Municipal Bond ETF 29.6 $12.0 $126,254
265 JPP SPDR Russell/Nomura PRIME Japan 64.4 $15.3 $167,848
266 IPW SPDR S&P International Energy 43.8 $12.5 $78,831
267 IPF SPDR S&P International Financial 43.9 $5.3 $40,078
268 IPK SPDR S&P International Technology 43.8 $14.0 $45,486
269 KME SPDR S&P Mortgage Finance ETF 34.5 $3.6 $3,135
270 NAGS Teucrium Natural Gas Fund 13.1 $1.8 $39,756
271 CRUD Teucrium WTI Crude Oil Fund 12.4 $3.6 $78,663
272 MLPS UBS ETRACS 1x Mthly Short Alerian MLP ETN 17.3 $6.8 $2,518
273 MLPG UBS ETRACS Alerian Natural Gas MLP ETN 19.8 $15.7 $55,194
274 UBN UBS ETRACS CMCI Energy TR ETN 47.6 $3.3 $10,080
275 UBM UBS ETRACS CMCI Industrial Metals TR ETN 47.6 $5.8 $104,184
276 UBC UBS ETRACS CMCI Livestock TR ETN 47.6 $5.0 $93,882
277 PTD UBS ETRACS CMCI Short Platinum ER ETN 46.4 $3.1 $3,998
278 EIPL UBS ETRACS M 2x Lvr Next Gen Internet ETN 7.4 $4.0 $2,840
279 GASZ UBS ETRACS Natural Gas Fut. Contango ETN 8.6 $11.6 $126,565
280 EIPO UBS ETRACS Next Generation Internet ETN 7.4 $7.0 $1,233
281 OILZ UBS ETRACS Oil Futures Contango ETN 8.6 $10.2 $16,863
282 BDCS UBS ETRACS Wells Fargo BDC ETN 10.2 $9.8 $57,577
283 MLPW UBS ETRACS Wells Fargo MLP Index ETN 16.2 $20.3 $34,825
284 VTWV Vanguard Russell 2000 Value ETF 17.5 $12.3 $80,553
285 IVOV Vanguard S&P Mid-Cap 400 Value ETF 17.9 $12.6 $51,873
286 VIIZ VelocityShares VIX Medium-Term ETN 15.2 $7.6 $23,307
287 EU WisdomTree Euro Debt Fund 46.2 $4.7 $31,638
288 RRF WisdomTree Global Real Return Fund 7.7 $4.7 $19,127
289 HEDJ WisdomTree International Hedged Equity 26.3 $20.2 $104,796
290 ROI WisdomTree LargeCap Growth 39.4 $20.2 $75,123
291 GULF WisdomTree Middle East Dividend 44.1 $13.9 $82,495

Data sources: Daily prices and volume of individual ETPs from Norgate Premium Data. All other information compiled by Invest With An Edge from sources believed to reliable.

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 March 2012: Inching Toward 300