7 New ETFs for Investors To Consider

Investors are pouring money into exchange-traded funds, and these seven new ETFs are certainly worthy of some of that fresh capital.

The word new spelled out with red wooden letters and lightbulbs in the words
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The U.S. exchange-traded fund (ETF) industry had quite a year in 2023 – due in part to the 520 new ETFs launched, considerably higher than 413 in 2022 and 446 in 2021. 

U.S. ETFs ended 2023 with assets of $8.1 trillion, according to data from ETFGI, a London-based research firm, 24.8% higher than in 2022. Net inflows of $604 billion were decent but well behind 2021's record $920 billion.

Actively managed ETFs are one area of the industry that continues to grow. In 2023, active ETFs had net inflows of $131 billion. Active ETFs accounted for 21.9% of net inflows in all ETFs, according to Morningstar. As a result, active ETFs accounted for 6.5% of the total ETF market, up from 5.3% a year earlier.

But whether it be active or passive funds, the demand for the best ETFs to buy among retail and institutional investors remains strong. U.S. ETFs saw more than $195 billion in net inflows in the first quarter of 2023, thanks in part to the 144 new funds that launched over the three-month period.

New ETFs allow investors to explore strategies that haven't been considered before or cheaper alternatives to gain exposure to tried-and-true approaches. With that in mind, here are seven of the most interesting new ETFs that have recently hit the market. 

Data is as of May 24.

Will Ashworth
Contributing Writer, Kiplinger.com

Will has written professionally for investment and finance publications in both the U.S. and Canada since 2004. A native of Toronto, Canada, his sole objective is to help people become better and more informed investors. Fascinated by how companies make money, he's a keen student of business history. Married and now living in Halifax, Nova Scotia, he's also got an interest in equity and debt crowdfunding.