The Unusual Whales Subversive Democratic Trading ETF, trading under the ticker symbol "NANC," is an exchange-traded fund that mirrors the stock trades of Democratic members of the U.S. Congress and their spouses. The ticker "NANC" references former House Speaker Nancy Pelosi, whose investment activities have garnered significant attention.
Launched in February 2023, the NANC ETF aims to replicate the investment decisions disclosed by Democratic lawmakers, as mandated by the STOCK Act, which requires timely public reporting of their financial transactions. The fund's holdings predominantly feature large-cap technology companies, including Nvidia, Microsoft, Amazon, Apple, and Alphabet, reflecting the investment preferences of these legislators.
For investors interested in aligning their portfolios with the trades of Democratic Congress members, the NANC ETF offers a structured approach to emulate these investment strategies. However, it's essential to consider the fund's expense ratio of 0.75% and assess whether this aligns with one's investment objectives and risk tolerance.
