I also saw these cute ornaments on Pinterest, easily the greatest website ever.
I promised yall a DIY awhile ago, so here goes. :)
All you need:
Old Scrabble letters
Any kind of string
1. Pick a fun Christmas word and find the letters.
2. Take wood glue and arrange them however you'd like.
3. Let them dry, and glue the string on the back.
4. I have no idea if this helps, but I then tried to back them just a little bit more with a piece of felt.
5. Let everything dry, and Voila!