20 tickers hit this week’s list, 15 of them new funds. Lyrical, Nomura, and Lazard converted five mutual funds into ETFs, and Lyrical’s two alone brought more than $1B. Lazard also launched its first two brand-new bond ETFs. Global X’s Magnificent Six fund pulled in about $200M in its first week, and Canary listed the first US ETF that stakes Injective’s INJ token.

Here’s how the 20 tickers break down by theme:

Five Mutual Funds Become ETFs

Lyrical Asset Management converted two value mutual funds, holding more than $1B combined, into ETFs on November 9. Lyrical U.S. Value Equity ETF (LYR) holds about 33 stocks picked from the 1,000 largest US companies, and the strategy has run since January 2009. Lyrical International Value Equity ETF (LYRI) holds 25 to 40 developed-market stocks outside the US. Both look for quality businesses trading at deep discounts. LYR charges 0.75%, compared with 0.99% for the mutual fund’s institutional class.

Nomura moved two more over. Nomura Strategic Income ETF (MFIX) came from the Nomura Strategic Income Fund, a multisector bond fund dating to 1992. Nomura Small and Mid Cap ETF (SMDC) replaced the Nomura Smid Cap Core Fund, which started in 2007.

Lazard US High Yield ETF (HYB) is the fifth conversion. It took over the Lazard US High Yield Portfolio, a mutual fund that launched in 1995, and is expected to keep that fund’s performance history.

Lazard Enters Bond ETFs, Plus Real Yield and Core Plus

Alongside HYB, Lazard launched two brand-new active bond funds. Lazard Hybrid Financial Income ETF (HYFY) puts at least 80% of its assets in hybrid securities issued by banks and other financial institutions, mostly in Europe and North America. Lazard Non-Dollar Active Income ETF (XDLR) holds at least 80% in bonds that aren’t priced in dollars, mainly emerging-market local-currency debt. The three funds bring Lazard’s US ETF lineup to 10.

VanEck launched VanEck EM Focus Inflation Bond ETF (EMIL), which tracks inflation-linked government bonds outside the US, with a tilt toward emerging markets. VanEck says those bonds offered more than twice the real yield of US TIPS as of September 30. It charges 0.30% and opened with $10M.

BondBloxx launched BondBloxx Core Plus ETF (BBLX), an index fund that adds high yield, emerging-market debt, and CLOs to a standard core bond mix. Core plus strategies are usually actively managed and more expensive. BBLX charges 0.22% and was built with input from SEI. Davidson Intermediate Taxable ETF (DFIT), a core taxable bond fund, opened with about $6M.

Six Megacaps and the AI Supply Chain

Global X launched Global X Magnificent Six ETF (SIX), which holds Alphabet, Amazon, Apple, Meta, Microsoft, and Nvidia. That’s the usual Magnificent Seven minus Tesla. It charges 0.20%. SIX had about $200M by November 9, the biggest start of any new fund this week, though ETF Action flagged some of the inflows as a likely custom rebalance.

Tuttle Capital AI Bottleneck ETF (DLAY) targets the physical limits on AI growth. It spreads its holdings across nine sleeves, including chip packaging, memory, power equipment, nuclear fuel, and data center cooling. It excludes GPU designers, large cloud operators, and AI model developers. It charges 0.75%.

Income and Laddered Buffers

AllianceBernstein launched AB Equity Premium Income ETF (INK), which pairs S&P 500 exposure with an actively managed covered call overlay. XFUNDS followed last month’s tech income fund with XFUNDS Value Income ETF (VTVX), which ETF Action classifies as synthetic equity income.

Columbia Threadneedle entered the laddered buffer category with Columbia RECS Laddered Moderate Buffer ETF (RECM) and Columbia RECS Laddered Deep Buffer ETF (RECD). Both build on the firm’s Research Enhanced Core strategy, the one behind RECS, and add downside protection. Both charge 0.69%.

Active Equity and Allocation

American Century launched American Century Emerging Markets Insights ETF (ACEM), the latest in its Insights suite. The fund uses the firm’s fundamental emerging markets research to pick stocks and a systematic process to build the portfolio. It plans to hold 125 to 250 stocks against the MSCI Emerging Markets Index and charges 0.59% gross.

FMI Global Equity ETF (FMIG) holds a limited number of large US and international companies for 0.60%. THOR Conservative Risk Dynamic ETF (THCR), a conservative allocation fund, opened with $250K.

A Staked Altcoin

Canary listed Canary Staked INJ ETF (INJC), the first US ETF that holds and stakes INJ, the token behind the Injective blockchain. It aims to stake at least 90% of its INJ. Staking rewards are added to the fund’s NAV rather than paid out in cash. It charges 1.10% and had $15.6M by November 9.

Bottom Line

The two largest asset bases on this week’s list came from very different sources. Lyrical brought more than $1B over from existing mutual funds. SIX gathered about $200M in new money, though some of that may be a custom rebalance. When sorting this week’s launches, count LYR, LYRI, HYB, MFIX, and SMDC as existing portfolios in a new wrapper, not new funds.