No SpaceX, No Tesla? No Problem for These ‘Ex-Elon’ ETFs
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.2 Articles
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New "Ex-Elon" ETFs Aim To Strip Tesla (NASDAQ: TSLA) And SpaceX From Investor Portfolios
Subversive Markets Lab LLC has filed with the SEC to launch two new ETFs designed to track major U.S. indexes while excluding companies founded, controlled, or led by Elon Musk. The proposed funds, the Subversive Nasdaq-100 Ex-Elon Enterprises ETF (QQNE) and the Subversive S&P 500 Ex-Elon Enterprises ETF (SPNE), would mirror their respective benchmarks with one key omission. Tesla Inc. (NASDAQ: TSLA) and Space Exploration Technologies Corp. are …
No SpaceX, No Tesla? No Problem for These ‘Ex-Elon’ ETFs
Two new funds are borrowing from Mean Girls’ Gretchen Wieners, telling Elon Musk: “You can’t sit with us.” Subversive ETFs filed with the Securities and Exchange Commission last week to launch a pair of “ex-Elon funds,” including the Nasdaq-100 Ex-Elon Enterprises ETF (QQNE) and S&P 500 Ex-Elon Enterprises ETF (SPNE). The actively managed products offer [...]
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