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Posted by
Two Blokes May 7 -
Filed in
Stock
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2 views
DEMZ holds S&P 500 companies that contribute roughly 75% or more to Democratic causes and candidates. Its expense ratio is 0.45% and the ETF has $41M in assets under management. Its investment objective is to mirror the risk and return characteristics of the S&P 500 Index. So far, it has accomplished that goal, but mainly due to favorable sector allocations. I'm not convinced evaluating political contributions is a good way to categorize companies. For example, MSFT and NVDA are top holdings in both DEMZ and the American Conservative Values ETF.
