Unusual Whales Subversive Republican Trading ETF

GOP

Market cap $84.5M

Sen. Roger Marshall, R-Kan., joins 'Mornings with Maria' to discuss the House's rejection of a FISA extension, the national security implications of Section 702 expiring and ongoing Republican efforts to strengthen election integrity measures.

Unusual Whales Subversive Democratic Trading ETF (NYSEArca: NANC) and Unusual Whales Subversive Republican Trading ETF (NYSEArca: GOP) launched in February 2023 with a simple but provocative premise: give retail investors a way to mirror the stock trades disclosed by members of Congress.

It's no secret: Members of Congress often buy and sell stocks, just like the rest of us. But while most of us have no inside information on the companies whose shares we buy or sell, U.S. representatives and senators often do have such information.

ETFs that combine investing and politics tap into investors' polarized views. Why they shouldn't get your vote.

If you want exposure to what elected officials are trading, there are two ways to do that.

NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- Tidal Financial Group today announced that the ticker symbol for the Unusual Whales Subversive Republican Trading ETF (the “Fund”) will change from KRUZ to GOP. This change will take effect at market open on March 21, 2025.

Look at the performance of just about any market-beating exchange-traded funds (ETF) these days and they will likely have one thing in common: AI chipmaker Nvidia ( NASDAQ:NVDA ) will be a core holding in the portfolio.

The NANC and KRUZ ETFs supposedly allow retail traders to follow the market-beating trades of Congresspersons like Nancy Pelosi and Ted Cruz. Assuming their allocations remain static, President Trump's policies should be more beneficial for / less detrimental to the KRUZ ETF. However, tariffs remain a wildcard, as it is unclear which ETF would be more impacted by potential inflation and economic weakness.

Though perhaps not as trendy as they were years ago, exchange-traded funds (ETFs) are nonetheless a core investment vehicle—and still an exceedingly popular one, at that. As of 2023, there were more than 10,000 ETFs listed across the globe, up by nearly a quarter from just three years earlier.

Whether or not members of Congress have insider knowledge of a business is irrelevant: they certainly have insider knowledge of the government, legislation, and foreign affairs that will impact the stock market and the stocks they own. That's why members of Congress so often outperform the broad market and why more investors than ever are following their trades.