NANC’s 93.23% return since February 2023 tops the S&P 500’s 78.79% by tracking Democratic Congress members’ stock trades.
The Unusual Whales Subversive Democratic Trading ETF (NANC) has returned 93.23% since February 2023, outperforming the S&P 500’s 78.79% gain. The fund tracks stock purchases disclosed by Democratic Congress members under the STOCK Act, focusing on mega-cap tech stocks like NVIDIA, Microsoft, and Alphabet.
NANC’s portfolio mirrors a tech-heavy S&P 500, with top holdings including NVIDIA (10.44%), Microsoft (7.88%), and Alphabet (4.88%). In contrast, the VanEck Social Sentiment ETF (BUZZ), which uses natural language processing to follow retail sentiment, has underperformed with a 60.15% return since inception.
The outperformance highlights the potential edge of alternative data signals, such as political disclosures, over sentiment-driven strategies.