ETFs
Most interesting new ETFs for the first half of 2024
The first half of 2024 has been great for stocks, thanks to the AI craze. It has also been a busy time for ETF launches, with more than 260 new products introduced so far, on track to surpass the all-time annual record of 496 set in 2023.
More than 70% of products launched this year are actively managed. Following the success of the JPMorgan Equity Premium Income ETF JEPI, there has been a wave of copycat ETFs using covered call strategies to generate high income. Additionally, buffer or defined outcome ETFs have seen significant growth.
The launch of spot Bitcoin ETFs marked a monumental event for digital assets and the ETF industry. Investor adoption has broken records, with the iShares Bitcoin Trust IBIT accumulating $20 billion in assets in just five months, becoming the fastest-growing ETF ever.
Calamos has launched two notable ETFs providing exposure to major stock indices with 100% downside protection. The Calamos S&P 500 Structured Alt Protection ETF CPSM tracks the capped return of the S&P 500 SPY, while the Nasdaq-100 Structured Alt Protection ETF CPNJ does the same for the Nasdaq100 QQQ.
India-focused ETFs have attracted immense interest from investors this year. The WisdomTree India Hedged Equity Fund INDH is aimed at investors concerned about the potential weakness of the rupee eroding stock market returns. WisdomTree highlights a significant decrease in rupee hedging costs in recent years.
Simplify has launched two unique ETFs that select stocks based on “intangible capital”: patents, software, R&D and brand value. The company suggests that successful businesses often have “asset-light” characteristics, prioritizing intangible capital over traditional assets.
The Simplify NEXT Intangible Core Index ETF NXTI and the NEXT Intangible Value Index ETF NXTV both come with a low expense ratio of 0.25%.
To learn more, please watch the short video above.
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Invesco QQQ (QQQ): ETF Research Reports
SPDR S&P 500 ETF (SPY): ETF Research Reports
JPMorgan Equity Premium Income ETF (JEPI): ETF Research Reports
iShares Bitcoin Trust (IBIT): ETF Research Reports
Simplifying the NEXT Intangible Core Index ETF (NXTI): ETF Research Reports
ETF Simplify NEXT Intangible Value Index (NXTV): ETF Research Reports
Calamos S&P 500 Structured Alt Protection ETF – May (CPSM): ETF Research Reports
WisdomTree India Hedged Equity Fund (INDH): ETF Research Reports
The story continues
ETF Calamos Nasdaq-100 Structured Alt Protection – June (CPNJ): ETF Research Reports