What is the Republican inspired KRUZ ETF?

Recently the internet was rocked by the introduction of two political themed ETF’s: KRUZ (republican) and NANC (democrat).

In this post we’ll be focusing what is the KRUZ ETF and if you should invest in it.

What is the KRUZ ETF

Could it stand for Ted Cruz? It’s certainly possible. But the KRUZ ETF began on Feb. 7, 2023 and aims to copy the investments of Republican members of congress.

The KRUZ ETF can also include copying of Republican congress family members. It was established by the same group, who are responsible for the NANC ETF, Unusual Whales.

If you’ve been tracking politician’s stock performance, you’ll know that dozens of members of Congress beat the stock market despite significant declines, in 2022.

While there were also retail traders, who came out green in 2022, it’s not secret that the public is getting fed up with Washington D.C.’s corrupt behavior.

In fact, public outcry about politician’s being allowed to trade stocks got so loud, that there were even talks of a bill prohibiting members of congress from buying stocks.

And yes, you guessed it. The bill never made it to vote. Surprise, surprise.

So instead of getting angry toward the greedy and corrupt, we can now take part in their trades by buying into KRUZ or NANC ETF’s.

What Stocks are in the KRUZ ETF

Before investing in something, you likely need to know what you’re buying before you see any potential profit.

Here’s a list of KRUZ ETF’s top holdings, including some notable energy sector stocks.

  1. Magellan Midstream Partners, L.P. ($MMP) 3.47%
  2. Microsoft Corporation ($MSFT) 2.64%
  3. Energy Transfer LP ($ET) 2.24%
  4. First American Funds X Government Obligations Fund ($FGXXX) 1.76%
  5. Dow, INC ($DOW) 1.76%
  6. Shell Plc Sponsored ADR ($SHEL) 1.60%

The full KRUZ ETF holdings are a blend between energy (oil) and technology services.

So, will I be investing in the latest politician-themed ETF’s? Probably not.

However, I commend Unusual Whales for creating them because more transparency with politician stock trading is certainly needed.

5 1 vote
Article Rating
Subscribe
Notify of
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Rob
Rob
1 year ago

🐘🦅

Trending Articles

November 16, 2022
Automatic Tax Deductions Coming to Your Trading Account Soon?

Courtesy of our buddy, Edward Snowden. It appears as if Columbia university has hosted a talk with the president of the federal reserve in Minneapolis on the subject of digital payments

January 23, 2024
AXS Price Prediction: Potential Downside Ahead Despite Strong Fundamentals

Axie Infinity Coin (AXS) has been going down in value since late December. Despite having good fundamentals and a high rank in the NFT and Play-to-Earn sectors, the AXS coin is heading south. The technical analysis of Axie Infinity Coin is also showing signals that suggest the price might continue to go down. The prices […]

Featured Feature