Track Lawmakers' Stock Trading With These Two ETFs

Nancy Pelosi and Ted Cruz

NANC and KRUZ are a joint effort between investment firm Subversive Capital and Unusual Whales, an options and equity data platform. The ETFs buy and sell securities based on an analysis of the disclosures by Unusual Whales.

Both funds are actively managed and carry an annual fee of 0.75%. At launch, the NANC portfolio consists of nearly 800 stocks while KRUZ has more than 500 securities.

The pair are “vastly different,” Cooper said by phone, with KRUZ leaning toward energy and gambling stocks while NANC is tilted toward tech shares.

Congress’ holdings overall outperformed the S&P 500 by about 1.2% in 2021, according to the press release, and by roughly 17.5% on average in 2022.

“If Congress can outperform the market and sleep at night, why can’t I?” Cooper said.

(Shown: Nancy Pelosi and Ted Cruz; photos: Bloomberg)

Copyright 2023 Bloomberg. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

See also  Financial Confidence Is Up for Women of Color, but Retirement Readiness Still Lags