EDGI Overview

High Trading Volume: The 3EDGE Dynamic International Equity ETF (EDGI) experienced unusually high trading volume on Wednesday, with over 816,000 shares traded compared to a three-month average of about 52,000 shares, despite a 1.3% decline in share price.

Top Performing Components: Among the ETF's components, the Vanguard Total International Stock ETF and Ishares Msci India ETF saw significant trading activity, with increases of 0.7% and 0.5%, respectively, while the Ishares Msci Global Gold Miners ETF performed the best with a 3.6% rise.

ETF Outflows: The 3EDGE Dynamic International Equity ETF experienced the largest outflow, losing 240,000 units, which is a 38.1% decline in outstanding units compared to the previous week.

Market Performance: In morning trading, the Spdr Msci Acwi Ex-us ETF rose by about 0.2%, while the Vanguard Total International Stock ETF increased by approximately 0.3%.

3EDGE Asset Management Launches New ETFs: 3EDGE Asset Management has chosen SEI's Advisors' Inner Circle Fund series trust to launch four new ETFs, responding to the growing demand for diverse investment options and operational efficiency in the ETF market.

Growth of Global ETF Market: The global ETF assets under management are projected to surpass $19.2 trillion by June 2028, with asset managers increasingly outsourcing fund operations to adapt to changing investor preferences and enhance their offerings.