This Week in ETFs: A Busy Day Sees 19 New Fund Launches

Vettafi2023-10-20

It would have been a pretty quiet week in terms of new ETFs, except for Thursday, October 19. That was the day that saw 19 fund launches, possibly the most ETF rollouts in one day that the industry ...

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That was the day that saw 19 fund launches, possibly the most ETF rollouts in one day that the industry ...</p>\n\n<a href=\"https://etfdb.com/news/2023/10/20/this-week-etfs-busy-day-sees-19-new-fund-launches/\">Source Link</a>\n\n</div>\n","source":"etfdb_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Week in ETFs: A Busy Day Sees 19 New Fund Launches</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Week in ETFs: A Busy Day Sees 19 New Fund Launches\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-20 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://etfdb.com/news/2023/10/20/this-week-etfs-busy-day-sees-19-new-fund-launches/><strong>Vettafi</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It would have been a pretty quiet week in terms of new ETFs, except for Thursday, October 19. That was the day that saw 19 fund launches, possibly the most ETF rollouts in one day that the industry ...</p>\n\n<a href=\"https://etfdb.com/news/2023/10/20/this-week-etfs-busy-day-sees-19-new-fund-launches/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IBTD","symbol_name":"iShares iBonds Dec 2023 Term Treasury ETF","start_time":0,"source_url":"https://etfdb.com/news/2023/10/20/this-week-etfs-busy-day-sees-19-new-fund-launches/","article_id":"2377322699","we_media_id":null,"thumbnails":["https://etfdb.com"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2377322699","pubTimestamp":1697760000,"sourceInfo":{"source_id":"etfdb_highlight","name":"Vettafi"},"weMediaInfo":null,"summary":"\nIt would have been a pretty quiet week in terms of new ETFs, except for Thursday, October 19....\n","collect":0,"end_time":0,"defaultTopTitle":"etfdb.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IBTD":"iShares iBonds Dec 2023 Term Treasury ETF","DXGE":"WisdomTree Germany Hedged Equity","DIGI":"Digitiliti, Inc.","IXSE":"WisdomTree India ex-State-Owned Enterprises Fund","IGN":"iShares S&P North American Techn","PLAT":"WisdomTree Growth Leaders Fund","CETF":"DRIVEWEALTH ICE 100 INDEX ETF","ROCI":"ROC ETF","CLRG":"INDEXIQ ETF TRUST IQ U.S. LARGE CAP ETF","WGRO":"WisdomTree U.S. Growth & Momentum Fund","CPI":"IQ Real Return ETF","BOSS":"Global X Founder-Run Companies ETF","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","GRES":"IQ Global Resources ETF","NVDA":"英伟达","EDUT":"Global X Education ETF","FDN":"First Trust Dow Jones Internet I","EWEB":"Global X Emerging Markets Internet & Ecommerce ETF","MMSB":"IQ MacKay Multi-Sector Income ETF","BK4504":"桥水持仓","SUPP":"TCW Transform Supply Chain ETF","MRND":"IQ U.S. Mid Cap R&D Leaders ETF","MS":"摩根士丹利","KEJI":"Global X China Disruption ETF","IBHC":"iShares iBonds 2023 Term High Yield and Income ETF","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","NZRO":"Strategy Shares Halt Climate Change ETF","KESG":"KraneShares MSCI China ESG Leaders Index ETF","IQ":"爱奇艺","BSJN":"Invesco BulletShares 2023 High Yield Corporate Bond ETF","KFYP":"KraneShares CICC China Leaders 100 Index ETF","QUVU":"HARTFORD QUALITY VALUE ETF","ULTR":"IQ Ultra Short Duration ETF","NETZ":"TCW Transform Systems ETF","KMED":"KraneShares Emerging Markets Healthcare Index ETF","TDSA":"Cabana Target Drawdown 5 ETF","BSMN":"Invesco BulletShares 2023 Municipal Bond ETF","AGOV":"Gavekal Asia Pacific Government Bond ETF","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","JZRO":"Janus Henderson Net Zero Transition Resources ETF","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU0106831901.USD":"贝莱德世界金融基金A2","MLPO":"Credit Suisse S&P MLP ETN","IBDO":"iBonds Dec 2023 Term Corporate ETF","VOTE":"TCW Transform 500 ETF","BSCN":"Guggenheim BulletShares 2023 Corporate Bond ETF"},"translate_title":"本周ETF：繁忙的一天见证了19只新基金的推出","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NETZ":1,"IXSE":1,"JZRO":1,"KEJI":1,"KESG":1,"AGOV":1,"KMED":1,"MLPO":1,"MMSB":1,"MRND":1,"KFYP":1,"NZRO":1,"PLAT":1,"QUVU":1,"ROCI":1,"SUPP":1,"TDSA":1,"ULTR":1,"VOTE":1,"WGRO":1,"IGN":1,"BOSS":1,"BSCN":1,"BSJN":1,"BSMN":1,"CETF":1,"CLRG":1,"CPI":1,"DIGI":1,"DXGE":1,"EDUT":1,"EWEB":1,"GRES":1,"IBDO":1,"IBHC":1,"IBTD":1,"FDN":0.9,"IQ":0.72,"MS":0.61,"NVDA":0.61},"content_text":"It would have been a pretty quiet week in terms of new ETFs, except for Thursday, October 19. That was the day that saw 19 fund launches, possibly the most ETF rollouts in one day that the industry has ever seen. That Thursday barrage of funds included the debut of the only existing target date ETFs, which were launched by iShares, and five actively managed ETFs from Morgan Stanley. Neuberger Berman and Core Values Alpha also launched actively managed equity ETFs during the week.\n\n\nHartford Funds launched the Hartford Quality Value ETF (QUVU) on Monday. The fund is actively managed and focuses on U.S. equities demonstrating quality and value characteristics as well as a history of paying dividends. QUVU’s methodology also incorporates ESG criteria into its selection process. The fund comes with an expense ratio of 0.45% and lists on Cboe Global Markets.\n\nAdditional New ETFs\n\nThe 19 new ETFs that debuted on Thursday include four ETFs launched under the T-REX brand, which is a partnership between Rex Shares and Tuttle Capital Management. The new family of funds offers leveraged and inverse exposure to the performance of popular stocks. The four funds that launched this week are tied to the stock of Nvidia and Tesla and are as follows:\n\n\n\n\n\n\n\n\nContent continues below advertisement\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe two Tesla-linked funds list on the Nvidia-linked funds list on the Nasdaq stock market. All four ETFs have expense ratios of 1.05%.\n\nCompleted Closures\n\nClosures also had a strong showing during the week, with 11 ETFs ceasing to trade and another 18 announced. The 11 completed closures include the following:\n\n\n\n\nKraneShares MSCI China ESG Leaders Index ETF (KESG)\nKraneShares CICC China Leaders 100 Index ETF (KFYP)\nKraneShares Emerging Markets Healthcare Index ETF (KMED)\nWisdomTree Chinese Yuan Strategy Fund (CYIB)\nWisdomTree Germany Hedged Equity Fund (DXGE)\nWisdomTree India ex-State-Owned Enterprises Fund (IXSE)\nWisdomTree Growth Leaders Fund (PLAT)\nWisdomTree U.S. Growth & Momentum Fund (WGRO)\nStrategy Shares Halt Climate Change ETF (NZRO)\nJanus Henderson Net Zero Transition Resources ETF (JZRO)\nROC ETF (ROCI)\n\n\n\n\n\nFuture Closures\n\nCredit Suisse expects the Credit Suisse S&P MLP Index ETN (MLPO) to trade until the market close on November 7. Meanwhile, Global X will close four of its funds, which will cease to trade after the market close on November 10. Those funds are as follows:\n\n\n\n\nGlobal X Founder-Run Companies ETF (BOSS)\nGlobal X Education ETF (EDUT)\nGlobal X Emerging Markets Internet & E-commerce ETF (EWEB)_\nGlobal X China Innovation ETF (KEJI)\n\n\n\n\nThe ETC Gavekal Asia Pacific Government Bond ETF (AGOV) and the Cabana Target Drawdown 5 ETF (TDSA) will both no longer trade after November 15.\nIndexIQ will close five of its ETFs, with their last trading day set for December 12. Those funds include the following:\n\n\n\n\nIQ U.S. Large Cap ETF (CLRG)\nIQ Real Return ETF (CPI)\nIQ Global Resources ETF (GRES)\nIQ MacKay Multi-Sector Income ETF (MMSB)\nIQ U.S. Mid Cap R&D Leaders ETF (MRND)\n\n\n\n\nSix target date maturity bond ETFs will reach their maturities and cease to trade after the market close on December 15 — three from iShares and three from Invesco. Those funds are as follows:\n\n\n\n\niShares iBonds Dec 2023 Term Corporate ETF (IBDO)\niShares iBonds 2023 Term High Yield and Income ETF (IBHC)\niShares iBonds Dec 2023 Term Treasury ETF (IBTD)\nInvesco BulletShares 2023 Corporate Bond ETF (BSCN)\nInvesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN)\nInvesco BulletShares 2023 Municipal Bond ETF (BSMN)\n\n\n\nOther Changes\n\nSeveral ETFs have seen or will see material changes. The three Engine No. 1 ETFs will change their names  but retain their tickers after the issuer’s acquisition by the TCW Group. The rebranded funds are as follows:\n\n\n\n\nTCW Transform Climate ETF (NETZ)\nTCW Transform Supply Chain ETF (SUPP)\nTCW Transform 500 ETF (VOTE)\n\n\n\n\nLooking ahead, the DriveWealth ICE 100 Index ETF (CETF) will change its name to the Drive Wealth NYSE 100 Index ETF and its index from the DriveWealth ICE 100 Index to the NYSE 100 Index as of November 3.\nLater, the iShares North American Tech-Multimedia Networking ETF (IGN) will undergo a major renovation as of December 15. The fund’s name and ticker will change to the iShares U.S. Digital Infrastructure and Real Estate ETF (DIGI), and its index will change from the S&P North American Technology Multimedia Networking Index to the S&P Data Center, Tower REIT and Communications Equipment Index.\nAnd next year, as of January 18, the IQ UltraShort Duration ETF (ULTR) will change its name to the IQ MacKay Ultra Short Duration ETF.\n\n\nFor more information, please visit VettaFi.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2377322699"}