There were 17 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.
Tidal Financial Group and AOT Invest launched the 2x Daily Software Platform ETF (Ticker: SOFL), an innovative new fund designed for traders seeking magnified exposure to the software platform sector—a cornerstone of the digital economy and a key beneficiary of artificial intelligence innovation. SOFL seeks to provide 2x the daily performance of the AOT VettaFi Software Platform Index, offering tactical investors the opportunity to amplify returns (and losses) in one of the most dynamic segments of the technology industry.
Azoria Capital, Inc. launched the Azoria 500 Meritocracy ETF (Ticker: SPXM), an actively managed solution that seeks to invest in a portfolio of approximately 400 to 500 of the largest publicly traded U.S. companies by market capitalisation, with the exclusion of companies that the Fund’s investment sub-adviser determines have disclosed explicit quantitative demographic hiring targets.
The Azoria 500 Meritocracy ETF begins with an initial universe of the 500 largest publicly traded US companies by market capitalisation.
Azoria then applies a proprietary research methodology to evaluate whether each company has publicly disclosed an explicit quantitative demographic hiring target, goal, quota, or aspiration. Companies that have disclosed such policies are excluded from the ETF’s portfolio.
Reckoner Capital Management LLC launched the Reckoner Leveraged AAA CLO ETF (Ticker: RAAA), an actively managed solution designed to enhance yield on a diverse portfolio of AAA-rated CLO bonds through the modest use of leverage, while seeking capital preservation.
BlackRock launched the iShares S&P 500 ex Top 100 ETF (Ticker: XOEF), which seeks to track the investment results of an index composed of the large capitalisation US equities within the S&P 500 Index, excluding companies within the S&P 100 Index.
Kurv Investment Management launched the Kurv Gold Enhanced Income ETF (Ticker: KGLD), which seeks to maximise total return by actively managing a portfolio with efficient exposure to gold while, at the same time, generating potentially tax-efficient income.
WisdomTree, Inc. launched the WisdomTree GeoAlpha Opportunities Fund (Ticker: GEOA), which tracks the price and yield performance of the WisdomTree GeoAlpha Opportunities Index, which is designed to provide exposure to global companies benefitting from shifts in geopolitical policy.
The Index is constructed using WisdomTree’s proprietary research and multi-dimensional framework, identifying companies and regions that demonstrate resilience and adaptability to today’s global uncertainties—including evolving defence and trade dynamics, macroeconomic policy shifts, and emerging technologies.
Horizon Investments launched the Horizon Core Bond ETF (Ticker: BNDY) and the Horizon Flexible Income ETF (Ticker: FLXN).
BNDY is an actively managed solution that seeks to achieve its investment objective by investing primarily in investment-grade fixed-income securities, including US government and corporate bonds, and by employing put spread overlays designed to improve the Fund’s overall return profile while managing downside risk.
FLXN is an actively managed solution that pursues total return by primarily investing in high-yield fixed-income securities and dynamically adjusting exposures based on market and macroeconomic trends. The Fund combines high income-generating assets, tactical credit allocation, and put spread overlays to enhance return potential and provide risk-managed access to credit markets.
Allspring Global Investments launched three ETFs, namely:
The Allspring LT Large Core ETF (Ticker: ALRG) focuses on long-term investments in large-cap US companies, aiming to deliver consistent returns through a disciplined core equity strategy that blends growth and value styles.
The Allspring SMID Core ETF (Ticker: ASCE) targets small- and mid-cap US companies, seeking to identify quality businesses with strong fundamentals and attractive valuations across market cycles.
The Allspring Ultra Short Municipal ETF (Ticker: AUSM) invests primarily in short-duration municipal bonds, emphasising capital preservation and tax-exempt income. AUSM is designed for investors seeking a low-duration, lower-risk fixed income option with potential tax advantages.
Calamos Investments launched three ETFs, namely:
The Calamos Bitcoin Structured Alt Protection ETF – July (Ticker: CBOY) is designed to match the positive price return of Bitcoin, as represented by the CME CF Bitcoin Reference Rate – New York Variant, up to a defined cap while protecting against 100 per cent of losses over a one-year period.
The Calamos Bitcoin 90 Series Structured Alt Protection ETF – July (Ticker: CBXY) is designed to match the positive price return of Bitcoin, as represented by the CME CF Bitcoin Reference Rate – New York Variant, up to a defined cap, while limiting maximum loss to 10 per cent (i.e., 90 per cent protection from -10 per cent to -100 per cent) over a one-year period. Even if Bitcoin falls more than 10 per cent, the ETF is structured so investors cannot lose more than 10 per cent of their investment during the outcome period.
The Calamos Bitcoin 80 Series Structured Alt Protection ETF – July (Ticker: CBTY) is designed to match the positive price return of Bitcoin, as represented by the CME CF Bitcoin Reference Rate – New York Variant, up to a defined cap, while limiting maximum loss to 20 per cent (i.e., 80 per cent protection from -20 per cent to -100 per cent) over a one-year period. Even if Bitcoin falls more than 20 per cent, the ETF is structured so investors cannot lose more than 20 per cent of their investment during the outcome period.
Vanguard launched three ETFs, namely:
The Vanguard Government Securities Active ETF (Ticker: VGVT), an actively managed solution that seeks to provide a moderate and sustainable level of current income and provides broad government bond exposure, primarily to U.S. Treasury bonds and agency-back securitised products.
The Vanguard Total Treasury ETF (Ticker: VTG) tracks the performance of the Bloomberg U.S. Treasury Total Return Unhedged USD Index, which provides broad, diversified exposure to the U.S. Treasury bond market.
The Vanguard Total Inflation-Protected Securities ETF (Ticker: VTP) tracks the performance of an index of the full market of inflation-protected public obligations of the US Treasury. Given its longer duration, the fund can be expected to have more real interest rate risk, but also higher total returns relative to a shorter-duration TIPS fund.
To view the Canadian ETF launches for June, click here.
To view the Global ETF launches for July 3rd to 10th, 2025, click here.
