FormulaFolios Smart Growth ETF

FFSG is an actively managed fund of funds. The portfolio allocates between growth-oriented US and international stock ETFs, and can hold US Treasurys to protect against equity.

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The first week of October saw a flood of new ETFs, with 28 funds debuting on U.S. exchanges. Part of that was due to the first Ethereum futures ETFs being approved to launch on Monday.

This Week in ETFs: October Launches Start Strong

Roundhill Sports Betting & iGaming ETF

BNY Mellon US Large Cap Core Equity ETF

Asian Growth CUBS ETF

Franklin FTSE Europe Hedged ETF

Principal Millennial Global Growth ETF 

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VanEck Vectors Russia ETF

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As we head toward summer's end, ETF launches remain muted if this week is anything to go by, with only nine new funds debuting, a slight uptick from the week ended July 28. Perhaps most notably, JPMorgan rolled out another two actively managed ETFs on Monday that were converted from mutual funds.

This Week in ETFs: JPMorgan Converts 2 Funds

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One of the biggest reasons investors should consider fund-of-funds ETFs is their simplicity. Sure, you could replicate the holdings of existing top fund-of-funds ETFs.

The 3 Best Fund-of-Funds ETFs to Buy for a Diversified Portfolio in 2023

News for FormulaFolios Smart Growth ETF ETF (FFSG)