Check out the table below for an overview of KRUZ’s top holdings. Meanwhile, KRUZ holds 486 positions, and its top 10 holdings make up a fairly minuscule 16.5% of assets. The score is data-driven and does not involve any human intervention. It gives stocks a score from 1 to 10 based on eight market key factors. The Smart Score is a proprietary quantitative stock scoring system created by TipRanks. You’ll also notice that NANC’s top holdings collectively boast some pretty impressive Smart Scores, with eight of its top 10 scoring 8 or above. Below, you’ll find an overview of NANC’s top 10 holdings using TipRanks’ holdings tool.Īs you can see above, NANC skews heavily towards mega-cap tech stocks like Microsoft ( NASDAQ:MSFT) and Apple ( NASDAQ:AAPL), so holding it would give investors exposure that isn't all that different from investing in massive tech ETFs like the Invesco QQQ Trust ( NASDAQ:QQQ) or the Technology Select Sector SPDR Fund ( NYSEARCA:XLK). NANC holds a massive 741 positions, and its top 10 holdings make up 47.4% of the fund.
These ETFs are actually incredibly diversified, which stands to reason, as they are representing the transactions of hundreds of Congressmen and Congresswomen. Now that we know how they work, let’s take a look at what NANC and KRUZ look like in practice. They are able to do this because, thanks to the STOCK Act, members of Congress and their spouses must disclose what stocks they buy and sell. is the only democracy in the world that allows officeholders to invest like this), I give Unusual Whales and Subversive ETFs credit for using data to level the playing field and at least letting everyday Americans invest like these political insiders. While the ability of politicians to enrich themselves based on inside knowledge and influence they derive from positions as lawmakers is an unseemly part of U.S. If you’ve spent any time on the financial side of Twitter (often called "FinTwit") in recent years, you’ve likely seen plenty of accounts discussing the transactions made by Nancy Pelosi and her husband, Paul, and users joking (or perhaps only half joking), that Pelosi is a better investor than Warren Buffett based on her timely buys and sells before major news comes to light about some of these stocks. KRUZ invests in equities bought or sold by Republican members of Congress, while NANC does the same thing with Democratic members of Congress. Instead of merely tracking which companies make donations to politicians, NANC and KRUZ utilize data provided by Unusual Whales, an options and equity data platform, to track what stocks members of Congress are buying and selling, using this information to invest alongside them. While a number of ETFs allow investors to invest in stocks that they feel like match up with their political preferences, these two new ETFs take a whole new approach. How Do These ETFs Invest Like Political Insiders?Īs one might guess, the Democratic version of this ETF’s ticker is a reference to Democratic congresswoman and former Speaker of the House Nancy Pelosi, while the Republican ying to NANC’s yang is named for Ted Cruz, the high-profile Republican Senator from Texas and former presidential candidate.
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