There were 15 new ETF offerings launched in the past week, each with a distinct value proposition for investors. Detailed below are the respective launches from each asset manager.
Janus Henderson Investors launched the Janus Henderson Transformational Growth ETF (Ticker: JXX), an actively managed and high-conviction solution that utilises fundamental research and considers a company’s sustainable competitive advantages, long-term growth potential, and shareholder value to identify securities for inclusion in the fund. As a thematic growth-focused mandate, companies with exposure to artificial intelligence, migration to the cloud, deglobalization, digitisation of the economy (including e-commerce), healthcare innovation, or other long-term innovations are given priority with the investment opportunity set. The fund aims to have between 20 to 30 holdings.
Defiance ETFs launched the Defiance Daily Target 2X Long ORCL ETF (Ticker: ORCX), which seeks daily leveraged investment results of 200 per cent of the daily percentage change in the share price of Oracle Corporation (Ticker: ORCL).
Innovator ETFs launched the Innovator Uncapped Bitcoin 20 Floor ETF (Ticker: QBF), which seeks to provide investors with investment results that participate in a percentage of any positive price returns of bitcoin while providing a maximum loss of 20 per cent, of any bitcoin price return losses, over successive three-month periods.
Rare Capital launched the Rareview 2X Bull Cryptocurrency & Precious Metals ETF (Ticker: BEGS), an actively managed solution that seeks to achieve its investment objective by investing in swaps on exchange-traded products in two complementary asset classes: a modern digital asset class (i.e., Cryptoassets) and a traditional asset class (i.e., precious metals).
BlackRock converted the BlackRock High Yield Municipal Fund into the iShares High Yield Muni Active ETF (Ticker: HMU), an actively managed fund that seeks to generate substantial income that is exempt from Federal Income taxes. Municipal bonds chosen for the fund will have a maturity of at least five years. Regarding credit rating, at least 65 per cent of the fund’s portfolio is slated to sit in bonds rated BBB or lower.
ELM Wealth launched the Elm Market Navigator ETF (Ticker: ELM), a globally diversified portfolio that adjusts in response to changing market conditions. The ETF leverages Elm Wealth’s Dynamic Index Investing strategy, which has been available in the private market since 2011. This strategy is designed to maximise risk-adjusted returns by dynamically adjusting the portfolio to current market conditions.
The fund typically holds 75 per cent in global equities and 25 per cent in fixed income. It adjusts these allocations based on factors like market risks, interest rates, and return opportunities.
Direxion launches two ETFs, the Direxion Daily AMD Bull 2X Shares (Ticker: AMUU) and the Direxion Daily AMD Bear 1X Shares (Ticker: AMDD).
AMUU seeks to generate 200 per cent of the daily performance of Advanced Micro Devices, Inc.’s (Ticker: AMD). Conversely, AMDD looks to generate -100 per cent of the company’s daily performance.
Calamos Investments launched two ETFs, the Calamos Bitcoin 90 Series Structured Alt Protection ETF – January (Ticker: CBXJ) and Calamos Bitcoin 80 Series Structured Alt Protection ETF – January (Ticker: CBTJ).
CBXJ is designed to match the positive price return of the CME CF Bitcoin Reference Rate – New York Variant up to a defined cap while protecting against 90 per cent of losses over a one-year period.
CBTJ is designed to match the positive price return of the CME CF Bitcoin Reference Rate – New York Variant up to a defined cap while protecting against 80 per cent losses over a one-year period.
Vanguard launched two ETFs, the Vanguard Ultra-Short Treasury ETF (Ticker: VGUS) and the Vanguard 0-3 Month Treasury Bill ETF (Ticker: VBIL).
VGUS tracks the performance of the Bloomberg Short Treasury Index, which reflects fixed-income securities issued by the US Treasury (not including inflation-protected bonds, floating-rate securities, and certain other security types) with maturities up to 12 months.
VBIL tracks the performance of the Bloomberg 0-3M Treasury Bill Index, which reflects U.S. Treasury Bills (not including inflation-protected bonds, floating rate securities, and certain other security types) with three months or less maturities.
GraniteShares launched three ETFs, namely:
The GraniteShares 2x Long QCOM Daily ETF (Ticker: QCML), which seeks daily investment results of 200 per cent the daily percentage change of the common stock of Qualcomm Incorporated (NASDAQ: QCOM).
The GraniteShares 2x Long DELL Daily ETF (Ticker: DLLL), which seeks daily investment results of 200 per cent the daily percentage change of the common stock of Dell Technologies Inc. (NYSE: DELL).
The GraniteShares 2x Long INTC Daily ETF (Ticker: INTW), which seeks daily investment results of 200 per cent the daily percentage change of the common stock of Intel Corp. (NASDAQ: INTC).
To view the Canadian ETF launches for January, click here.
To view the Global ETF launches for February 6th to 13th, 2025, click here.
