S&P Global provides daily creation, redemption and tracking basket information for global ETPs across all asset classes. Use our ETP composition data to calculate and track intraday net asset value (NAV) and to determine what must be delivered in the event of a creation or redemption order. Find daily NAVs on a per-share and per-creation unit basis.
We provide the data in a standardized format, with corporate action and management fee impact normalized within the estimated cash across ETP issuers. We also process and validate all data ahead of the listing's local exchange opening.
ETP basket structures include:
Creation/Redemption
Basket of securities and cash authorized to be exchanged for a block of ETP shares
Tracking
Basket that reflects full portfolio composition and can be used to track intraday NAV, with excluded assets displayed to enable more accurate intraday NAV calculations
Collateral
Basket reflecting collateral held by a fund provider to satisfy the regulatory requirements of synthetic ETPs
Key benefits:
- Transparency – View all constituents across equity, fixed income, commodity and leveraged/inverse ETPs
- Data integrity – Base decisions on data that is processed and validated by global team of analysts ahead of market opening
- Accuracy – Calculate and hedge accurate intraday NAV using estimated cash levels that are normalized for calculation baskets across all provider methodologies
- Distribution – Benefit from flexible delivery options including API data feed with web interface and flat file delivery via SFTP, eliminating the need to parse, cleanse and normalize raw data files
Download the ETP Composition Data factsheet
S&P Global provides a single, centralized and normalized source of ETP reference data, providing transparency into each globally listed ETP across asset classes. The full dataset encompasses 150 data points, including total expense ratios, fund structures, creation/redemption details and secondary market listings. We source the data directly from issuers, prospectuses and exchanges, with all new ETPs and listings added prior to launch. The ETP Encyclopedia categorizes ETPs by asset class, type, region and structure.
Key benefits:
- Classification – Leverage a comprehensive, multi-tiered system ensuring detailed and uniform market exposure categorization of every ETP listed globally
- Depth – Find all primary and secondary listing information available across all trading and listing venues, as well as complete details on creation and redemption process, including unit sizes, cut-off times, fees and settlement information
- Data integrity – Perform more accurate tracking calculations with ETPs cross-referenced to correct variant of underlying index
- Flexibility – Ease integration with internal and third-party platforms with a wide range of symbology
- Management insight – Benefit from total expense ratios, with a breakout view of management fees and other expenses that provides a holistic view of fund costs, as well as detailed management and administration information
Download the ETP Encyclopedia factsheet
S&P Global provides a comprehensive, independent suite of global ETP analytics, including performance, exposure, liquidity, risk, and tracking. We derive these analytics from our ETP composition, reference, and dividend data to provide insight and transparency into the global ETP landscape. Customers can access more than 900 calculations and select their preferred methodology.
Analytics include:
Historical performance tracking
Critical historical regression analysis for all globally issued ETPs, normalized to multiple currencies, as well as market price returns, NAV total returns, and benchmark returns across different time series
Risk analysis
Standard risk data points essential for analyzing an ETP, including beta, alpha, r-squared, standard deviation, max upside/downside deviation, Sharpe ratio, Sortino ratio, realized volatility, mean reversion, and more
Benchmark tracking and correlation
Key statistics on the ETP's ability to track the stated benchmark for each return type, offering insight into the risk associated with the fund
Fund attributes
Valuable statistics in multiple currencies on AUM growth, changes to shares outstanding and inflows/outflows for each fund across a variety of time series
Trading and liquidity
Changing bid/ask spreads, trends in volumes and turnover, and premium/discounts for both point-in-time and historical time periods across every global ETP listing, normalized in multiple currencies
Holdings
Full transparency around the exposure of each globally listed ETP, with statistical breakdowns of holdings concentrations across sectors, regions, asset classes and other asset class specific allocations
Key benefits:
- Transparency – View all constituents across equity, fixed income, commodity and leveraged/inverse ETPs
- Accuracy – Make decisions with calculations that are based on our ETP data and validated by a team of analysts
- Timeliness – Receive data that is processed and delivered prior to market open in each region
- Distribution – Benefit from flexible data delivery via flat file feed or integrated web front end, with user-friendly access to reporting, screening and analysis tools
Download the ETP Analytics factsheet
S&P Global provides ETP issuers with a calculation service and broad distribution channels for daily portfolio composition data. We enable the timely construction of PCFs, which list the securities and representative percentages, and we provide distribution through our established connections to exchanges and authorized participants. Our service covers multiple asset classes and supports both physical and synthetic methodologies. We provide constituent data and a target NAV to the ETP issuers' requested market participants before the start of daily trading.
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