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You can buy the Pelosi ETF (NANC) and enjoy the same upside!
by pnw 1y ago
You can buy the Pelosi ETF (NANC) and enjoy the same upside!
- 1over137 1y agoToo bad the MER is so high at 0.74%.
- dmoy 1y agoI just read the prospectus investment strategy, and it looks like it trails the trades by up to 30-45 days? Seems like the majority of that upside might be gone by then, no? They explicitly list that in Reporting Delay Risk. Also I didn't see any info on whether the fund manager can beat hft et al to the punch once disclosure happens.
- lazyeye 1y agoIt would interesting to know how it performs relative to other index funds even with the delay risk. A few people have been saying Nancy is getting better returns than Warren Buffet https://x.com/HawleyMO/status/1919738880204345581 https://x.com/HawleyMO/status/1919738880204345581
- deleted 1y ago[deleted]
- mikestew 1y ago…and enjoy the same upside! No, you won’t. That ETF is a trailing indicator, and it’s trailing so far back it won’t even show up in the rearview mirror. That, and if you load a comparison chart with .SPX, they look almost identical. No upside, and greater risk.
- booleandilemma 1y agoThank you for an honest comment in a world of so much grift.