Odds & Ends: An Avalanche of Fund Launches

Franklin Templeton filed to offer a spot bitcoin ETF.

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Reviewed by: Ron Day
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Edited by: Mark Nacinovich

ETF launches came fast and furious this week with 19 launches across multiple asset classes.  

Defiance ETFs launched the first zero-day options exchange-traded fund, the Defiance Nasdaq-100 Enhanced Option Income ETF (QQQY), which generates income by selling ultra-short-term options. 

State Street launched the SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG), a sector-neutral dividend stock fund. It’s unusual as most dividend funds significantly overweight dividend-heavy sectors like utilities and real estate investment trusts. 

As the war in Ukraine grinds on, Global X launched the Global X Defense Tech ETF (SHLD), to take advantage of the rising defense spending across the globe. 

Also, this week, Franklin Templeton Investments filed for a spot bitcoin ETF showing the popularity of the idea even with long-established financial firms. Meanwhile, Brazilian crypto firm Hashdex filed with the Securities and Exchange Commission to open a combined spot- and futures-based ether ETF. 
 
Launches

Tuesday:  

  • YieldMax JPM Option Income Strategy ETF (JPMO) 
  • KraneShares Rockefeller Ocean Engagement ETF (KSEA) 
  • SPDR Portfolio S&P Sector Neutral Dividend ETF (SPDG) 

 Wednesday: 

  • Amplify Cash Flow Dividend Leaders ETF (COWS) 
  • Dimensional US Core Equity 1 ETF (DCOR) 
  • Direxion Daily NVDA Bear 1X Shares (NVDD) 
  • Direxion Daily NVDA Bull 1.5X Shares (NVDU) 
  • Global X Defense Tech ETF (SHLD) 

Thursday:  

  • JPMorgan International Value ETF (JIVE) 
  • JPMorgan Global Select Equity ETF (JGLO) 
  • Harbor Multi-Asset Explorer ETF (MAPP) 
  • Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) 
  • Bushido Capital US Equity ETF (SMRI) 

Friday: 

  • Bahl & Gaynor Income Growth ETF (BGIG) 
  • iShares iBonds Oct 2024 Term TIPS ETF (IBIA) 
  • iShares iBonds Oct 2025 Term TIPS ETF (IBIB) 
  • iShares iBonds Oct 2026 Term TIPS ETF (IBIC) 
  • iShares iBonds Oct 2027 Term TIPS ETF (IBID) 
  • iShares iBonds Oct 2028 Term TIPS ETF (IBIE) 

Closures: 

Monday: Long Cramer Tracker ETF (LJIM) 

Wednesday: JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) 

 
ETF Changes: 

Wednesday:  

Gabe Alpert is a data reporter for etf.com with over seven years’ experience in financial journalism. He has previously contributed reporting and analysis to Barron’s Magazine, Investopedia and other publications.