NGX ETFs article varied 9M returns as Greenwich Alpha gains 97.63%

Compared including H1 2026, this represented a 27.2% rise in volume and a 37.5% rise in purchase value.

Stanbic IBTC ETF 30 recorded the highest traded value at N7.18 billion despite trading simply 3.46 million units, reflecting its relatively high unit rate.
Vetiva Griffin 30 ETF followed, using N3.11 billion in acquire value, whereas SIAML Pension ETF 40 recorded N2.54 billion.
By volume, Vetiva Banking ETF led including 61.63 million units traded, followed by Vetiva Griffin 30 ETF together with 31.59 million units and Vetiva Consumer Goods ETF using 20.36 million units.

NewGold ETF remained the least traded by volume, alongside 17,886 units exchanged, but its high unit value meant transactions still reached N2.06 billion.

The figures reveal a offer where trading activity is concentrated differently depending on whether results is measured by units exchanged or the monetary value of transactions.

Stanbic ETF gives support H1 gains

The nine-month output marks a significant transfer from the ETF rankings recorded at the conclude of H1 2026. Nairametrics had earlier reported that ten of the twelve tracked ETFs recorded gains during the opening six months of the year.

Stanbic IBTC ETF 30 led the H1 ranking alongside a 219.64% acquire, closing at N3,098.00 from N969.22, ahead of falling endorse to N1,485.00 by September 30 for a nine-month revenue of 53.22%.
H1 gains across the segment ranged from 15.01% to 219.64%, alongside merely Meristem Value ETF and Meristem Growth ETF closing the primary half in negative territory.
By the complete of September, Vetiva S&P Nigeria Sovereign Bond ETF had joined both Meristem finance in the midst of the losers, increasing the whole of negative-performing ETFs to three.

The nine-month statistics hence reveal that during the time that most NGX-listed ETFs remained beneficial in 2026, third-quarter charge movements significantly altered both the size of returns and the composition of the promote’s top and losing finance.

The Greenwich Alpha ETF delivered the strongest year-to-date revenue in the midst of Shift Traded Finance listed on the Nigerian Swap in the nine months to September 30, 2026, gaining 97.63% to direct a segment where nine of twelve tracked capital recorded gains.

Nairametrics Inquiry assessment of NGX trading figures shows that complete trading volume reached 153.05 million units during the period, alongside operation value standing at N25.30 billion across the twelve money.

Value output remained broadly favorable, even albeit the nine-month period produced a extra assorted picture than H1 2026, including three resources ending in negative territory and some earlier leaders giving support remarkable gains.

Returns are calculated from the adjust in offer charge amid the final trading session of 2025 and September 30, 2026, and skip any distributions.

ETF value movements on the NGX may furthermore deviate significantly from net property value seeing that of relatively thin advertise liquidity.

Greenwich Alpha ETF leads returns

Rate results across the ETF segment was broadly optimistic over the nine months to September 30, together with nine gainers and three losers.

Greenwich Alpha ETF recorded the strongest revenue, gaining 97.63% to terminate at N751.00 from N380.00 at the launch of the year.
Vetiva Griffin 30 ETF followed using an 88.58% achieve to N101.85, during the time that Vetiva Industrial ETF sophisticated 85.88% to N111.53 and Vetiva Banking ETF gained 84.00% to N27.60.
Lotus Halal Equity ETF rose 62.10%, NewGold Supplant Traded Finance gained 55.93%, Stanbic IBTC ETF 30 developed 53.22%, SIAML Pension ETF 40 rose 33.42%, whilst Vetiva Consumer Goods ETF gained 25.64%.

On the losing side, Vetiva S&P Nigeria Sovereign Bond ETF fell 4.23%, Meristem Value ETF declined 63.79%, although Meristem Growth ETF recorded the steepest loss at 69.41%.

Stanbic IBTC ETF 30’s nine-month achieve of 53.22% represented a remarkable retreat from its 219.64% H1 2026 obtain, whilst the Vetiva Sovereign Bond ETF moved from a 15.01% H1 achieve into negative territory.

The results present that the third quarter materially reshaped the execution table even whereas most NGX-listed ETFs remained in beneficial territory.