Unusual Whales Subversive Democratic Trading ETF

Frequently Asked Questions About NANC

What does NANC invest in?

The fund is an actively managed diversified exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing primarily in equity securities of publicly traded companies that sitting Democratic members of United States Congress and/or their families also have reported to have invested in through public disclosure filings made by such Congresspersons pursuant to the Stop Trading on Congressional Knowledge Act (“STOCK Act”).

What is the expense ratio of NANC?

Unusual Whales Subversive Democratic Trading ETF (NANC) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

How big is NANC?

Unusual Whales Subversive Democratic Trading ETF (NANC) manages $265.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is NANC actively managed or an index fund?

NANC is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (NANC's is 0.74%) in exchange for the discretion to over- or under-weight positions.

When was NANC launched?

Unusual Whales Subversive Democratic Trading ETF (NANC) launched in February 2023 and is managed by Subversive.

How has NANC performed?

NANC's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.