 Unusual
Whales Republican Trades ETF is a valid exchange-traded fund (ETF)
that trades on the New York Stock Exchange (NYSE) under the symbol
"RWRE".
The Unusual Whales Republican Trades ETF is an actively
managed fund that seeks to track the performance of the Unusual Whales
Republican Tracker Index. The index uses proprietary algorithms to
identify Republican or conservative-leaning individuals and
institutions that have made significant trades in US equity markets.
The fund's portfolio is then constructed based on these trades, with a
focus on high-conviction positions.
As of the most recent
report, the fund had total assets under management of approximately
$28 million and an expense ratio of 0.75%. The fund's top holdings
included companies such as Apple, Microsoft, Amazon, Facebook, and
Alphabet, among others. The fund has a relatively concentrated
portfolio, with its top 10 holdings representing approximately 45% of
the total portfolio.
In terms of performance, the Unusual
Whales Republican Trades ETF has only been in operation since October
2021 and has a limited track record. As of the end of 2021, the fund
had a year-to-date return of approximately 4.4%.
Overall, the
Unusual Whales Republican Trades ETF offers investors exposure to a
unique investment strategy that seeks to identify significant trades
made by Republican or conservative-leaning individuals and
institutions in US equity markets. However, investors should be aware
that the fund's active management strategy may result in higher fees
compared to passive index funds, and the limited track record of the
fund makes it difficult to assess its long-term performance potential.
Additionally, the fund's focus on a specific political affiliation may
limit its appeal to some investors.
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