I have some play money in the $NANC Democratic Whales ETF [1] that "invests in equity securities purchased or sold by Democratic members of Congress and their spouses". It's up 23% YTD and is beating the S&P500. Incept date is roughly 18 months ago... I wonder if the greater attention brought to their financial activities is prompting this move? The cynic in me is disappointed because it could mean the end of my corruption-fueled beer money gravy train while their activities continue in a more clandestine fashion.
As an aside: this post is not meant as a partisan criticism. I don't invest in the Republican equivalent $KRUZ because last time I checked it wasn't doing as well as $NANC.
As an aside: this post is not meant as a partisan criticism. I don't invest in the Republican equivalent $KRUZ because last time I checked it wasn't doing as well as $NANC.
[1] https://www.subversiveetfs.com/nanc