Weekly ETF Industry News Recap | July 6-10, 2026

ETF Weekly Update (July 6- 10): New launches, fund moves, and filings shape a dynamic week across U.S., Europe, and Canada.

United States ETF Industry News

ETF Launches - Equities

Burke Wealth Management Launches Concentrated Quality Growth ETF

Burke Wealth Management has launched the BWM Quality Growth ETF (BWQG), an actively managed ETF focused on high-quality U.S. large-cap companies with market capitalizations above USD 50 billion. The fund uses a bottom-up, research-driven approach to identify businesses with durable competitive advantages, strong balance sheets, robust cash flow, and above-average long-term growth potential. BWQG maintains a concentrated portfolio of the firm's highest-conviction ideas, typically assigning 2%–10% position sizes, while also considering valuation before investing. The fund may also hold ADRs and is structured as a non-diversified ETF.

First Trust Launches Income-Focused Silver Options ETF

First Trust has launched the FT Vest Silver Strategy & Target Income ETF (SLVY), an actively managed ETF designed to provide both current income and exposure to silver prices. Managed by Vest Financial, the fund uses options on the iShares Silver Trust (SLV)—buying call options, selling put options, and writing monthly at-the-money covered calls—to capture part of silver’s upside while generating income. Rather than holding physical silver, SLVY also invests in short-term U.S. Treasuries, targeting annual income of approximately 4% above the one-month U.S. Treasury rate before fees and expenses.

BlackRock Expands Nasdaq-100 Lineup With Low-Cost iShares ETF

BlackRock launches the iShares Nasdaq 100 ETF (IQQ), a low-cost fund providing exposure to the Nasdaq-100 Index, with a 0.12% expense ratio reduced to 0.10% through July 2027. The ETF expands BlackRock’s global USD 41 billion iShares Nasdaq-100 suite, joining the iShares Nasdaq Top 30 Stocks ETF (QTOP), iShares Nasdaq-100 ex Top 30 ETF (QNXT), and iShares Nasdaq Premium Income Active ETF (BALQ). Designed as a core growth holding, IQQ offers diversified access to leading innovators across technology, healthcare, consumer discretionary, and communication services.

WisdomTree Launches Space Economy ETF Targeting Global Value Chain

WisdomTree has launched the WisdomTree Space Economy Fund (WSPC), a thematic ETF listed on Nasdaq with a 0.75% expense ratio. The fund invests in companies across the global space economy, including launch vehicles and orbital infrastructure, satellite communications, Earth observation, defense space systems, and emerging technologies such as on-orbit servicing and debris removal. WSPC aims to capture long-term growth driven by lower launch costs, expanding commercial space activity, and rising government and defense spending, offering investors diversified exposure across the entire space economy value chain.

First Trust Launches ETF Tracking the Global Space Economy

First Trust has launched the First Trust Bloomberg Space Economy ETF (FSPC), an index-tracking fund that provides exposure to companies across the global space economy. The ETF tracks the Bloomberg Space Economy Index, which selects up to 50 companies involved in areas such as space domain awareness, rocket launches, satellite communications, and space data and AI. Constituents are screened using Bloomberg Intelligence’s proprietary revenue and thematic exposure assessments before being weighted using a modified market-cap methodology. The index is rebalanced quarterly, with individual holdings capped to maintain diversification.

North Square Enters Active ETF Market With Large-Cap Value and Growth Funds

North Square Investments has launched two actively managed U.S. equity ETFs: the North Square Disciplined Value ETF (NSIV) and North Square Growth Opportunities ETF (NSIG), both listed on the NYSE. NSIV is managed by CS McKee’s long-standing large-cap value team and follows a fundamental, normalized-earnings approach backed by an existing strategy with approximately USD 2 billion in assets. NSIG is led by Saverio Papagno and targets U.S. large-cap growth companies, drawing on more than 20 years of investment experience and Azimut’s global research platform. The launches mark Azimut NSI’s expansion into active ETFs following North Square’s acquisition earlier in 2026.

Amplify Launches Forward-Looking S&P 500 Dividend Growth ETF

Amplify ETFs has launched the Amplify S&P 500 Dividend Drivers ETF (DRVR), which tracks the S&P 500 Dividend Drivers Index. Unlike traditional dividend ETFs, DRVR combines a minimum 10-year history of annual dividend increases with forecasts for future dividend growth from S&P Global Market Intelligence. The index selects 50 S&P 500 companies based on five-year dividend growth, forecasted dividend yield, and return on invested capital (ROIC), with holdings weighted by projected dividend yield and subject to 4.5% single-stock and 30% sector caps. The ETF distributes income monthly and carries a 0.39% expense ratio.

Measured Risk Launches Nasdaq 100 ETF With 18% Downside Target

Measured Risk Portfolios has launched the MRP SynthEquity Nasdaq 100 ETF (SNTQ), an actively managed fund that combines long-dated Nasdaq 100 call options with U.S. Treasuries to seek capital appreciation while targeting downside protection. Rather than owning stocks directly, the ETF uses synthetic equity exposure through options and allocates most assets to Treasuries, aiming to limit losses to roughly 18% over each rolling 12-month measurement period, though results are not guaranteed. The strategy harvests gains in rising markets by shifting profits into Treasuries, while accepting option premium losses during declines, making the fund a lower-risk alternative to full Nasdaq 100 exposure.

VanEck Completes TruSector ETF Lineup Across All 11 GICS Sectors

VanEck has completed its TruSector ETF suite with the launch of four actively managed funds covering Energy (TRUN), Utilities (TRUU), Real Estate (TRUR), and Materials (TRUM). The additions extend the firm's TruSector approach across all 11 GICS sectors, aiming to provide market-cap sector exposure that more closely reflects the largest companies driving sector performance. Using a mix of individual stocks and sector ETFs, the funds seek to avoid diversification-related weighting caps, reduce tracking error, and deliver sector exposure that better aligns with widely followed benchmarks.

Kurv Launchs Tax-Optimized ETF Combining S&P 500 Exposure With Income

Kurv Investment Management has launched the Kurv U.S. Large Cap TaxOptimized ETF (LCTO), an actively managed ETF designed to provide exposure to the S&P 500 while seeking after-tax income and potential outperformance. The fund combines large-cap U.S. equity exposure with tax-advantaged income strategies through municipal bonds and preferred securities, applying a portable alpha approach typically used by institutional investors. Kurv says the strategy aims to improve capital efficiency while maintaining broad market exposure.

SoFi Launches Income ETF Based on Its 50 Most Popular Stocks

SoFi has launched the SoFi Social 50 Income ETF (SFYI), an actively managed fund that combines the 50 most widely held U.S. stocks in SoFi Invest self-directed accounts with an options overlay designed to generate monthly income while pursuing long-term growth. Building on the existing SoFi Social 50 ETF (SFYF), the new ETF employs strategies including covered calls and call spreads, with holdings rebalanced monthly based on member ownership. SFYI is advised by Tidal Investments and carries a 0.73% expense ratio.

Corgi Launches 15 New 2x Single-Stock Leveraged ETFs

Corgi launched 15 new 2x single-stock leveraged ETFs on Cboe, expanding its lineup of daily leveraged trading products. The new funds target AMKR (AMKX), AMAT (APMI), AXTI (AXTC), BRKB (BRKL), CRCL (CIR), COHR (COHC), CRWV (CRWX), LRCX (LRCC), MPWR (MPWC), NFLX (NFX), NVTS (NVTC), OKLO (OKLC), ONDS (ONDC), TER (TERC) and UNH (UN). Each ETF began trading on July 7, 2026, offering investors 2x daily exposure to the performance of its underlying stock.

Corgi expands lineup with 15 new 2x single-stock ETFs

Corgi has launched 15 new leveraged single-stock ETFs, each providing 2x daily exposure to an individual company. The new funds cover a broad mix of technology, AI, fintech, energy and industrial names, including Alibaba, Intel, Robinhood, SoFi, Upstart, Quantum Computing, NuScale Power and Western Digital. All ETFs began trading on July 10, 2026, further expanding the range of tactical products available to investors seeking amplified short-term exposure to specific stocks.

Leverage Shares Launches Six 2x Leveraged ETFs on Tech Stocks

Leverage Shares by Themes has launched six 2x single-stock leveraged ETFs: Leverage Shares 2X Long GOOGL Daily ETF (GOOL), AMZN Daily ETF (AMZG), META Daily ETF (METG), AAPL Daily ETF (AAPE), JBL Daily ETF (JBLG) and VIAV Daily ETF (VIAG). Listed on Cboe, the ETFs seek to deliver 200% of the daily performance of their respective underlying stocks, expanding the firm's lineup of tactical trading products focused on major technology and communications companies.

Defiance Launches First 2x Leveraged ETF on Hyperliquid Strategies

Defiance ETFs has launched the Defiance Daily Target 2X Long PURR ETF (Nasdaq: PUR), the first ETF to provide 2x daily leveraged exposure to Hyperliquid Strategies Inc. (Nasdaq: PURR). The actively managed fund uses swaps and listed options to deliver twice the stock’s daily return before fees and expenses, rebalancing each trading day. PUR is designed for short-term tactical trading, offering amplified exposure to a company focused on the Hyperliquid blockchain ecosystem and HYPE token treasury strategy. Due to daily compounding and leverage, returns over longer periods may differ significantly from 2x the stock’s performance, and investors could lose their entire investment in a single day.

ETF Updates & Changes

21Shares to Execute 1-for-10 Reverse Split for Leveraged Sui ETF

21Shares will implement a 1-for-10 reverse stock split for the 21Shares 2x Long Sui ETF (TXXS) after the market closes on July 2, 2026, with split-adjusted trading beginning July 6. The reverse split will reduce outstanding shares by approximately 90% while increasing the ETF's per-share NAV and market price by roughly tenfold. The fund's investment value will remain unchanged, and its CUSIP will change as part of the corporate action.

iShares Renames Benchmark for Emerging Markets Bond ETF

The iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) has updated the name of its underlying benchmark. Effective July 10, 2026, the fund's index has been renamed from the J.P. Morgan Emerging Markets Bond Index Global Diversified to the J.P. Morgan Emerging Markets Bond Index Global Diversified Core. The change reflects a benchmark name update only, with the ETF's investment strategy and objective unchanged.

JPMorgan Completes Mutual Fund Conversion Into Large Growth ETF

JPMorgan has completed the tax-free conversion of the JPMorgan U.S. GARP Equity Fund into the JPMorgan Fundamental Data Science Large Growth ETF. Effective July 10, 2026, the mutual fund's assets were transferred to the ETF, and existing shareholders became shareholders of the acquiring ETF. The mutual fund has been closed to new investment, and all references to it have been removed from the fund's prospectus and statement of additional information.

ARK Renames ARKW to Reflect Broader Technology Focus

ARK Invest will rename the ARK Next Generation Internet ETF (ARKW) to the ARK Next Generation Technology ETF, effective September 7, 2026, expanding the fund’s investment theme from next-generation internet to next-generation technology. While the portfolio management, holdings, and investment objective remain unchanged, the updated mandate broadens the focus to companies benefiting from cloud computing, artificial intelligence, fintech, blockchain, mobile technologies, and other disruptive innovations. The fund will continue to maintain indirect cryptocurrency exposure through its Cayman subsidiary and related investment vehicles.

TrueShares Transfers Two ETFs to Cboe Exchange

The TrueShares Technology, AI & Deep Learning ETF (LRNZ) and the TrueShares Eagle Global Next Gen Power Infrastructure ETF (PWRZ) have transferred their primary listing from Cboe BZX U.S. Equities Exchange to Cboe, effective 9 July 2026. The move is an exchange listing change only and does not affect either ETF's investment strategy, holdings, ticker symbol, or shareholders. Both funds continue trading under their existing tickers on their new primary listing venue.

Xtrackers Removes ESG Screens From Cybersecurity and Semiconductor ETFs

Xtrackers will remove ESG screening criteria from the underlying indexes of the Xtrackers Cybersecurity Select Equity ETF (PSWD) and Xtrackers Semiconductor Select Equity ETF (CHPS), effective July 7, 2026. The funds' benchmarks will be renamed the Solactive Cyber Security Focus Index and Solactive Semiconductor Focus Index, respectively, with portfolio changes expected around August 5. Aside from eliminating ESG-related exclusions, including Sustainalytics-based screens and sector restrictions, the indexes' methodologies will remain unchanged.

ETF Liquidations

Rayliant to Liquidate Japan Equity ETF in August

The Rayliant SMDAM Japan Equity ETF will be liquidated following approval by the fund's board. The ETF will accept creation and redemption orders through July 30, 2026, which will also be its last trading day on NYSE Arca, with liquidation expected on or about August 6, 2026. As the fund prepares to close, it may hold more cash and other liquid assets, causing it to deviate from its stated investment strategy. Shareholders who do not sell before the delisting will receive a cash liquidation distribution based on the fund's net assets, which will generally be a taxable event for investors in taxable accounts.

Themes to Liquidate 13 Leveraged and Thematic ETFs

Themes ETFs will liquidate 13 ETFs: Leverage Shares 2X Long ABNB Daily (ABNG), CMG (CMGG), AXP (AXPG), DNN (DNNG), ORLY (ORLG), OSCR (OSCG), SBUX (SBU), CNC (CNCG), LAC (LACG) and UPS (UPSG), along with Themes Natural Monopoly (CZAR), Themes US Infrastructure (HWAY) and Themes US R&D Champions (USRD). All funds will stop accepting creation orders after July 24, cease trading on Nasdaq after July 28 and are expected to distribute cash to remaining shareholders around July 31, 2026 before terminating.

ETF Filings

Corgi Files 26 International and Emerging Markets Index ETFs

Corgi has filed for 26 passively managed international equity ETFs spanning developed, emerging, regional, and factor-based strategies. The lineup includes broad international, all-world, Europe, Asia-Pacific, and emerging markets funds, along with growth, value, quality, momentum, minimum volatility, multifactor, small-cap, and dividend-focused ETFs. The products target indexes covering developed and emerging market equities, including ex-U.S., ex-China, and ex-Japan exposures, providing investors with a comprehensive suite of global equity building blocks across regions and investment factors.

Yorkville Files ETF Targeting America’s Reindustrialization Trend

The Yorkville America Reindustrialization Dividend Index ETF will track the MarketVector American Reindustrialization Index, which is designed to capture U.S. companies benefiting from the long-term expansion of domestic manufacturing and infrastructure. The index includes dividend-paying companies across sectors such as industrials, energy, utilities, information technology, materials, and real estate, with exposure to industries including industrial automation, semiconductors, aerospace and defense, construction, utilities, data centers, and energy infrastructure. The ETF will primarily hold U.S. stocks, REITs, and MLPs and will replicate the index's holdings and weightings.

Guinness Atkinson Files ETF Targeting AI-Driven Drug Discovery

The Guinness Atkinson AI Drug Discovery ETF (RXAI) will track track an index of companies using artificial intelligence and machine learning to accelerate drug discovery and development. The index includes biotechnology and pharmaceutical companies applying AI to identify drug targets, design molecules, and improve clinical development, alongside technology firms providing the computing, software, data, and laboratory infrastructure that support AI-driven research. The ETF will invest globally, including in developed and emerging markets, and will concentrate its holdings in the pharmaceutical, biotechnology, and life sciences industries.

Guinness Atkinson Files ETF Focused on South Korea’s K-Beauty Industry

The Guinness Atkinson K-Beauty ETF (KBTY) will track an index of South Korean companies across the Korean beauty industry. The index includes cosmetics and skincare brand owners, ODM/OEM manufacturers, ingredient suppliers, distributors and retailers, and companies focused on aesthetic and dermatological products. The ETF will invest primarily in Korea-listed companies that generate revenue from the beauty value chain, with holdings concentrated in the personal care, cosmetics, and beauty industries. The portfolio is expected to emphasize established small- and mid-cap South Korean companies.

VanEck Files Three S&P 500 Buffer ETFs With Staggered Annual Terms

VanEck has filed for three actively managed defined-outcome ETFs using FLEX Options on an S&P 500-tracking ETF. Each fund seeks to match the underlying ETF’s price return up to a market-dependent cap while buffering the first 20% of losses over an approximately one-year outcome period. The initial periods begin October 1, 2026, January 13, 2027, and April 1, 2027, respectively. Lido Advisors will sub-advise the funds, which invest at least 80% of assets in S&P 500 ETF exposure. Investors must hold for the full period to receive the intended outcomes and will not benefit from underlying dividends.

Global X Files ETF Targeting Companies Building Their Own AI Models

The Global X LLM ETF (LLMA) seeks exposure to companies developing their own large language models (LLMs). The actively-managed fund will primarily use swap agreements and other derivatives to track the Akros LLM Index, which selects companies based on proprietary AI-related revenue, model leadership, and capital investment criteria. The concentrated portfolio is expected to hold up to 15 constituents, emphasizing firms that build and commercialize their own foundation models rather than simply using third-party AI. The fund may also hold short-term U.S. Treasuries for collateral and liquidity purposes.

Glenmede Converts International Equity and Options Funds Into ETFs

Glenmede Investment Management has filed to convert two mutual funds into ETFs: the Glenmede Disciplined International Equity Portfolio will become the Knollbrook Disciplined International Equity ETF, while the Glenmede Global Secured Options Portfolio will become the Knollbrook Global Secured Options ETF. The international equity ETF will use proprietary multi-factor models to select developed-market foreign stocks and ADRs based on valuation, profitability, earnings trends, and sustainability-related factors. The global secured options ETF will employ covered call and cash-secured put strategies on global equities, ETFs, and indexes to generate option income and reduce volatility while maintaining broad international market exposure.

Symmetry Partners Files Momentum ETF Focused on International Equity Markets

The Symmetry Panoramic International Country Momentum ETF seeks to capture momentum across international equity markets. The actively-managed fund will invest primarily in country- and region-specific equity ETFs, as well as individual non-U.S. stocks, using a proprietary model that identifies markets with the strongest relative price momentum over recent periods. The strategy can shift exposure across countries, sectors, and market capitalizations as trends change and may rebalance frequently, resulting in high portfolio turnover. Vident Asset Management will serve as sub-adviser, handling portfolio trading and implementation.

iM Global Partner Files ETF Combining Managed Futures With U.S. Equity Exposure

The iMGP DBi Absolute Return ETF (DBAR) combines a managed futures strategy with leveraged exposure to U.S. large-cap equities. Sub-advised by Dynamic Beta Investments (DBi), the actively-managed fund targets approximately 100% exposure to a quantitative managed futures portfolio and 30% exposure to U.S. large-cap stocks using futures, swaps, and other derivatives. The managed futures strategy seeks to replicate the risk profile of leading CTA managers across equities, fixed income, commodities, and currencies, while the equity sleeve provides broad U.S. market exposure. The fund may also

American Beacon Files Active Dividend ETF Managed by The London Company

American Beacon Advisors has filed an actively managed dividend-focused ETF that will be sub-advised by The London Company of Virginia, LLC. The American Beacon The London Company Income Equity ETF (TLIE) will invest at least 80% of assets in income-producing equity and equity-related securities, including common stocks, ADRs, preferred shares, convertible preferreds, and REITs. The strategy emphasizes profitable, financially stable companies with strong free cash flow, high returns on capital, shareholder-oriented management, and attractive valuations. The portfolio is expected to hold 30–40 large- and mid-cap stocks and will be managed by Stephen M. Goddard, Sam Hutchings, and J. Brian Campbell.

VegaShares Files ETF Offering Laddered Autocall Strategy via Swaps

The VegaShares US Equity Autocallable Conservative Income ETF (VAIC) is designed to provide exposure to a laddered portfolio of synthetic autocallable notes through total return swaps rather than holding the notes directly. The actively-managed strategy references volatility-targeted NYSE U.S. 500 Target Volatility+ indexes, aiming to generate contingent coupon income while maintaining exposure to U.S. equities. The fund will use a rolling ladder of autocall structures with staggered maturities to diversify timing risk and may hold Treasuries, cash, money market instruments, and box spreads as collateral and liquidity investments.

Hartford Files Active ETFs Targeting International Growth and U.S. SMID Stocks

Hartford Funds has filed for the Hartford Alpha Capture International Growth ETF (ACIG) and the Hartford Alpha Capture SMID Cap ETF (ACSM), two actively managed ETFs sub-advised by Wellington Management. ACIG will invest at least 65% of assets in foreign equities and 80% in growth companies, seeking to outperform the MSCI EAFE Growth Index. ACSM will focus on U.S. small- and mid-cap stocks, investing at least 80% in SMID-cap companies while targeting returns above the Russell 2500 Index. Both ETFs use Wellington’s multi-team fundamental research process, flexible portfolio construction, and are structured as non-diversified portfolios.

WisdomTree Files AI-Powered Global Long/Short Equity ETF

The WisdomTree Global Alpha Fund uses machine learning models to select investments across U.S. and international stocks. The actively-managed fund will hold separate U.S. and ex-U.S. baskets totaling roughly 600–1,200 positions, with no more than 60% of assets invested in U.S.-domiciled issuers. It will typically target approximately 200% long and 180% short exposure through derivatives such as swaps, with monthly portfolio rebalancing. The strategy is expected to have significant exposure to the financials and information technology sectors.

WisdomTree Files AI-Driven Long/Short Small-Cap ETF

The WisdomTree Efficient Long/Short U.S. SmallCap Equity Fund combines a long/short U.S. equity strategy with a long-only U.S. small-cap equity portfolio, allocating roughly half of its assets to each approach. The actively-managed fund will use machine learning models to select between 100–300 long and 100–300 short positions from a universe of U.S. small-cap stocks, with derivatives such as swaps used to gain long/short exposure. The portfolio will generally rebalance monthly, maintain at least 80% exposure to U.S. small-cap equities or related derivatives, and is expected to have meaningful allocations to sectors including industrials, healthcare, and financials.

GraniteShares Expands Leveraged ETF Lineup With AI and Thematic Funds

GraniteShares has filed for a broad lineup of leveraged ETFs, including 2x long and -2x short funds tied to the anticipated IPOs of VAST Data and Plaid, alongside new 2x long ETFs tracking thematic funds focused on artificial intelligence, robotics, cybersecurity, data centers, rare earths, uranium, lithium, defense, infrastructure, space, bitcoin miners, metals, energy infrastructure, and BDCs. The proposed ETFs seek to deliver 200% (or -200% for inverse funds) of the daily performance of their underlying stocks or ETFs and are designed for short-term trading rather than long-term holding due to daily compounding.

Subversive Files Sports Event Contract ETF

The Subversive All Season Sports ETF will seek capital appreciation through investments tied to sports event contracts. The fund will gain exposure primarily via total return swaps referencing binary event contracts covering professional leagues, college sports, international competitions, and major individual events. It will typically hold 40–80 positions, using probability analysis to identify opportunities where market-implied odds differ from the adviser's view. The strategy relies on a Cayman subsidiary and collateral investments in Treasuries, and the filing highlights that incorrect event outcomes can result in the loss of nearly the entire investment tied to a contract.

Subversive Files ETF Focused on Event Contract Strategies

The Subversive Prediction ETF will invest in event contracts tied to economic, regulatory, climate, and geopolitical outcomes. The actively-managed fund will primarily gain exposure through total return swaps and a Cayman Islands subsidiary, maintaining positions in roughly 30–50 event contracts while using Treasuries and money market funds as collateral. The adviser aims to profit from differences between market-implied probabilities and its own analysis of event outcomes. The filing emphasizes the strategy's highly speculative nature, as incorrect event predictions can result in the loss of nearly the entire investment tied to a contract.

Franklin Templeton Files Actively Managed Multisector Bond ETF

The Franklin Multisector Bond ETF (MULT) will invest across a broad range of global fixed income markets. The actively-managed fund can allocate opportunistically among U.S. and foreign government debt, corporate bonds, loans, mortgage- and asset-backed securities, CLOs, and high-yield debt, including emerging markets. It may use derivatives to manage interest rate, currency, duration, and credit exposure or enhance returns. The strategy combines macroeconomic analysis with issuer-level research and will keep at least 80% of assets invested in bonds.

VictoryShares Files High Yield and Short-Duration Municipal Bond ETFs

VictoryShares has filed for the VictoryShares Municipal High Yield ETF and the VictoryShares Short-Duration Municipal ETF, two municipal bond ETFs targeting different investor needs. The Municipal High Yield ETF will primarily invest in below-investment-grade, tax-exempt municipal bonds, including distressed securities, seeking higher income while accepting greater credit risk and broad flexibility across maturities, sectors, and derivatives. The Short-Duration Municipal ETF will focus on investment-grade, tax-exempt municipal bonds, targeting an effective duration within two years of the Bloomberg Municipal Bond 3 Year (2–4) Total Return Index while investing primarily in bonds exempt from both regular federal income tax and the alternative minimum tax (AMT).

Subversive Files Nasdaq-100 and S&P 500 Ex-Elon ETFs

Subversive has filed for the Nasdaq-100 Ex-Elon Enterprises ETF (QQNE) and the S&P 500 Ex-Elon Enterprises ETF (SPNE), two actively managed ETFs designed to provide broad large-cap U.S. equity exposure while excluding companies founded, controlled, led by, or closely associated with Elon Musk. QQNE will track a Nasdaq-100-based portfolio excluding Tesla and SpaceX where applicable, while SPNE will follow the S&P 500 excluding Tesla and any future Musk-associated additions. Both funds may use stocks, ETFs, options, and swaps for exposure and will periodically rebalance while maintaining their exclusion policy.

Longnook Files Global Equity ETF Targeting "Misclassified Compounders"

The Longnook Uncommon Compounder ETF will invest in what it calls "Misclassified Compounders"—companies it believes are durable, high-quality businesses trading below their intrinsic value. The actively-managed strategy combines AI-assisted research with human portfolio management, using technology to analyze companies while leaving all investment decisions to the portfolio manager. The fund can invest across developed and emerging markets, all market caps, and foreign securities or ETFs, emphasizing valuation, competitive advantages, governance, balance sheet strength, and downside risk rather than tracking a benchmark.

YieldMax Files Four Weekly Income ETFs on ASTS, RKLB, MU and SNDK

YieldMax has filed to launch four actively managed single-stock ETFs tied to AST SpaceMobile (ASTS), Rocket Lab (RKLB), Micron (MU), and Sandisk (SNDK). Each fund will use synthetic covered call and covered call spread strategies to seek weekly income while providing indirect exposure to the underlying stock’s price performance. The ETFs will primarily hold options, U.S. Treasuries, and cash, with distributions expected from option premiums, interest income, and realized gains. Investors should expect capped or conditional upside, substantial downside exposure, and distributions that may include significant return of capital.

Corgi Files 30 Fixed-Income ETFs Spanning Global Debt Markets

Corgi filed plans to launch 30 index-tracking fixed-income ETFs covering U.S. Treasuries, corporate credit, municipal securities, mortgage-backed securities, emerging market debt and international markets. The lineup includes maturity-specific Treasury and corporate credit funds, TIPS, aggregate, fallen angel, agency and senior loan strategies, as well as state-specific and infrastructure-focused municipal offerings. Each ETF is designed to track the performance of a corresponding index before fees and expenses, providing broad exposure across major segments of the global fixed-income market.

Corgi Files Broad Suite of Sector and Thematic Index ETFs

Corgi has filed to launch 19 index-based ETFs spanning sector, thematic, and factor strategies. The proposed lineup includes funds focused on biotechnology, semiconductors, aerospace & defense, infrastructure, homebuilders, gold miners, micro-cap stocks, free cash flow, private equity buyout replication, REITs, and major U.S. equity sectors including energy, financials, healthcare, industrials, communication services, consumer discretionary, consumer staples, and real estate. Each ETF seeks to track the performance of a corresponding index before fees and expenses, expanding Corgi's planned lineup of passive equity investment products.

Thornburg Files Active ETF Share Class for Strategic Municipal Bond Fund

Thornburg filed an ETF share class for its Strategic Municipal Income Fund, an actively managed municipal bond strategy focused on federally tax-exempt income. The fund invests primarily in municipal bonds across all credit qualities, including up to 50% in below-investment-grade debt and defaulted securities, while typically maintaining a portfolio duration of one to ten years. Managers actively adjust holdings based on interest rate expectations, credit analysis and market conditions, with at least 80% of assets invested in federally tax-exempt municipal obligations.

Simplify Files Trend-Following Global All-Asset ETF

The Simplify All-Asset Managed Futures Strategy ETF will use a trend-following strategy across global equities, bonds, currencies and commodities. The actively-managed fund primarily invests through futures, with forwards and swaps used as needed, taking long positions in rising markets and short positions in falling ones based on quantitative models evaluating momentum, valuation, risk and correlations. It has broad flexibility with no fixed asset allocation and typically gains commodity exposure through a Cayman subsidiary while holding cash-like assets to support derivatives positions.

Yorkville Files 2x Inverse ETF Targeting AI-Focused MANGOS Plus Fund

The Yorkville America 2X Inverse MANGOS Plus Daily Target ETF is designed to deliver -200% of the daily performance of the Yorkville America MANGOS Plus ETF, which focuses on AI-related companies. The fund will primarily use swap agreements, with put options and short sales employed when appropriate, and will rebalance its exposure daily to maintain its inverse leverage target. Because of daily compounding and rebalancing, returns over periods longer than one day can differ significantly from -200% of the underlying ETF’s cumulative performance, making the fund intended primarily for short-term trading.

Leverage Shares Files 1X Short Daily ETF on Databricks Stock

The Leverage Shares 1X Short Databricks Daily ETF is designed to deliver -100% of Databricks' daily share price performance before fees and expenses. Databricks is a cloud-based data and artificial intelligence company whose Data Intelligence Platform helps organizations manage data and build AI applications. The ETF will primarily use swaps and listed options, with limited direct holdings of Databricks stock, and will rebalance its inverse exposure daily. Because of daily compounding, returns over periods longer than one day may differ significantly from the inverse of the stock's cumulative return.

Leverage Shares Files Single-Stock Inverse ETFs for Discord and Lambda

Leverage Shares has filed to launch two single-stock inverse ETFs: the Leverage Shares 1X Short Discord Daily ETF and the Leverage Shares 1X Short Lambda Daily ETF. Each fund seeks to deliver the inverse (-1x) of its underlying stock's daily performance and is expected to begin trading after the respective company's IPO. The filings note that derivatives may not be immediately available following the IPOs, which could increase tracking error and limit the funds' ability to achieve their daily inverse objectives. As with all daily inverse ETFs, returns over periods longer than one day may differ significantly from the inverse of the stocks' cumulative performance due to compounding.

Europe ETF Industry News

ETF Launches - Equities

Vanguard Expands UCITS Range With Four U.S. Equity ETFs

Vanguard has launched four new UCITS ETFs offering targeted exposure to the U.S. equity market: the Russell 1000 U.S. Growth, Russell 1000 U.S. Value, Russell U.S. Mid-Cap, and Russell 2000 U.S. Small-Cap ETFs. Listed across major European exchanges, the funds are designed to help investors tailor U.S. equity allocations by style and market capitalization. The growth and value ETFs carry annual fees of 0.16%, while the mid- and small-cap funds charge 0.20%, further expanding Vanguard’s low-cost UCITS lineup.

L&G launches diversified multi-factor global equity ETF

L&G has launched the L&G WTW Global Equity Diversified UCITS ETF, giving investors access to an institutional multi-factor equity strategy through an ETF. The fund tracks the WTW Global Equity Diversified Index, developed with MSCI and WTW, combining value, quality and momentum signals while using portfolio constraints to manage stock, sector and country risk. It also incorporates ESG and climate transition objectives and rebalances quarterly. The strategy already manages around USD25 billion in institutional assets, and the launch expands access as L&G continues to grow its ETF business.

Defiance Launches Europe’s First Photonics UCITS ETF

Defiance ETFs has launched the Defiance Photonics UCITS ETF (PHOT), Europe’s first ETF focused on photonics, offering exposure to companies developing optical technologies that use light to transmit and process data. The fund invests across the photonics value chain, including optical components, photonic semiconductors, networking, and manufacturing infrastructure, as AI and data centre spending drive demand for faster, more energy-efficient connectivity. Listed on the London Stock Exchange and Borsa Italiana, with Xetra to follow, PHOT is Defiance’s fifth UCITS ETF launch in Europe, where its product range now manages more than USD 162 million in assets.

Leverage Shares Expands With SpaceX and DRAM Income ETPs

Leverage Shares has listed four new ETPs across European exchanges: the IncomeShares SpaceX (SPCX) Options ETP, IncomeShares Memory (DRAM) Options ETP, Leverage Shares 3x Long SpaceX ETP, and Leverage Shares -3x Short SpaceX ETP. The launches complete its SpaceX toolkit with leveraged long, inverse, and income exposure while adding an income strategy for the memory semiconductor theme. IncomeShares now offers more than 55 options-based income ETPs with assets nearing USD 200 million, reflecting growing demand for income-focused strategies tied to high-growth sectors.

Planned Launches

Fidelity Plans Four Enhanced Yield Equity ETFs for Europe

Fidelity has registered four Enhanced Yield UCITS ETFs in Ireland: Fidelity Global Equity Enhanced Yield UCITS ETF, Fidelity US Equity Enhanced Yield UCITS ETF, Fidelity Europe Equity Enhanced Yield UCITS ETF and Fidelity All Country Equity Enhanced Yield UCITS ETF. The funds are designed to generate additional income from equity portfolios and would complement Fidelity's previously reported plans for buffer ETFs. While the firm has not disclosed the exact strategy, the filings mark its latest move into Europe's rapidly expanding market for options-overlay ETFs.

Canada ETF Industry News

ETF Launches - Equities

National Bank Investments Expands SmartData Range With Canadian Equity ETF

National Bank Investments has launched the NBI SmartData Canadian Equity Fund ETF Series (NSDC), an actively managed ETF listed on the Toronto Stock Exchange. The fund seeks long-term capital growth by investing primarily in Canadian equities through a systematic, data-driven investment process. While NBI serves as portfolio manager, Goldman Sachs Asset Management has been appointed as sub-advisor, combining quantitative analysis with active portfolio management. NSDC carries a 0.30% management fee and expands NBI's SmartData lineup, offering investors an actively managed, low-cost approach to Canadian equity exposure.

Madison Investments Debuts in Canada With Two Active Equity ETFs

Madison Investments has entered the Canadian ETF market with two actively managed ETFs listed on the Toronto Stock Exchange. The Madison US Mid Cap ETF (MMID) invests in U.S. mid-cap companies with market capitalizations between US$0.5 billion and US$70 billion, using bottom-up fundamental research to identify high-quality businesses with durable growth potential. The Madison US Large Cap ETF (MLRG) applies the same disciplined investment process to U.S. large-cap stocks, targeting established companies with strong business models and attractive valuations. Both ETFs are managed by Madison Asset Management and are designed to deliver long-term capital appreciation through high-conviction portfolios.

ETF Filings

NBI Files Target Maturity Bond ETF and Two Covered Call Equity ETFs

National Bank Investments filed three ETFs: the NBI Target 2032 Investment Grade Bond Fund – ETF Series (NTGG), NBI SmartData U.S. Equity Covered Call Fund – ETF Series (NUCC) and NBI SmartData International Equity Covered Call Fund – ETF Series (NICC). NTGG will invest primarily in investment-grade bonds of North American companies maturing around 2032, while NUCC and NICC will invest in U.S. and international equities, respectively, and write covered calls on 30% to 60% of their portfolios to generate additional income.

Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.