Tuesday, June 4, 2024

The Unusual Whales Subversive Democratic Trading ETF Continues To Outperform the S&P 500 (NANC - get it?)

The Republicans apparently wouldn't be able to trade profitably on material non-public information if their lives depended on it, see after the first chart

From BigCharts:

And the chart we posted in March:
The Congressional Trade Tracker ETF Has Outperformed The S&P 500 By 9 percentage Points In The Last Year (NANC)

Specifically it's the Unusual Whales Subversive Democratic Trading ETF

Up 40.88% to 31.59% for the index.

The ETF tracking the Republican's trades (KRUZ) is underperforming. 

Here's NANC vs. the index vs. KRUZ via BigCharts:

This bit of esoterica was prompted by a headline at MarketBeat this morning:

The Most Bought AI Stock by Congress Isn’t NVIDIA