Ironically, the $MAGA ETF is crushing since Biden won, up 45%, double SPX and Dow, easily beating RSP, SUSA. It just holds all the right the stuff rn (industrials, energy, financials, value & no tech/comm) thx to strategy of screening for cos that donate the most to GOP..
Here& #39;s the relative sector differences with the S&P 500, which was poison under Trump but gold under Biden. What a world.
We tried to warn people in October to lay of "how to play" POTUS/Blue Wave ideas. Not only does it rarely work, it& #39;s almost better idea to do polar opposite of what makes sense narratively, check out Obama vs Trump:
Coincidentally, WSJ has story on conservatives looking to push "un-woke" funds eg $ACFV (altho $MAGA is doubling that ETF& #39;s perf too) Yet still no flows. IMO, you take same holdings but call it "anti-ESG" or "ESG rejects" and it would prob sell better https://www.wsj.com/articles/trump-allies-promote-portfolios-targeting-unwoke-investors-11621342803">https://www.wsj.com/articles/...