Key stats
About Unusual Whales Subversive Democratic Trading ETF
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Inception date
Feb 7, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Quasar Distributors LLC
ISIN
US8863641994
NANC aims to copy stock investments of sitting Democratic members of the US Congress, including their families. Under the STOCK Act, Congress members and their families are required to disclose their trading activities through Periodic Transaction Reports (PTRs). The initial portfolio makes use of PTRs for the past three years. Selection and weighting are then informed by buy/sell decisions reported in PTRs while in office. The actively managed fund invests in about 500-600 stocks that could vary based on the number of positions traded. The fund excludes trades reported in individual PTRs as bought and sold, transactions in the securities underlying any reported options contract, and those acquired before the Congressmembers term. NANC may transact in sector-specific funds, as reported on PTRs, but excludes broad-based funds. The fund does not consider investments by Congress members that are registered outside of the Democratic party.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks99.79%
Technology Services32.83%
Electronic Technology19.03%
Retail Trade9.58%
Health Technology9.55%
Finance9.07%
Consumer Non-Durables4.58%
Producer Manufacturing3.01%
Consumer Services2.93%
Consumer Durables2.32%
Non-Energy Minerals2.26%
Industrial Services1.40%
Process Industries0.92%
Utilities0.91%
Health Services0.53%
Communications0.39%
Transportation0.29%
Distribution Services0.19%
Bonds, Cash & Other0.21%
Mutual fund0.20%
Cash0.00%
Stock breakdown by region
North America98.84%
Europe1.16%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NANC invests in stocks. The fund's major sectors are Technology Services, with 32.83% stocks, and Electronic Technology, with 19.03% of the basket. The assets are mostly located in the North America region.
NANC top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 9.87% and 7.87% of the portfolio correspondingly.
NANC last dividends amounted to 0.08 USD. The year before, the issuer paid 0.29 USD in dividends, which shows a 264.72% decrease.
NANC assets under management is 251.26 M USD. It's risen 6.90% over the last month.
NANC fund flows account for 44.61 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, NANC pays dividends to its holders with the dividend yield of 0.17%. The last dividend (Dec 30, 2024) amounted to 0.08 USD. The dividends are paid annually.
NANC shares are issued by Toroso Investments Topco LLC under the brand Subversive. The ETF was launched on Feb 7, 2023, and its management style is Active.
NANC expense ratio is 0.74% meaning you'd have to pay 0.74% of your investment to help manage the fund.
NANC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NANC invests in stocks.
NANC price has risen by 4.72% over the last month, and its yearly performance shows a 20.22% increase. See more dynamics on NANC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.55% over the last month, showed a 11.38% increase in three-month performance and has increased by 21.85% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.55% over the last month, showed a 11.38% increase in three-month performance and has increased by 21.85% in a year.
NANC trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.