Key stats
About Unusual Whales Subversive Republican Trading ETF
Home page
Inception date
Feb 7, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Quasar Distributors LLC
GOP aims to copy stock investments of sitting Republican members of the US Congress, including their families. Under the STOCK Act, Congress members and their families disclose their trading activities through Periodic Transaction Reports (PTRs). The initial portfolio makes use of PTRs for the past three years. Selection and weighting are then informed by buy/sell decisions reported in PTRs while in office. The actively managed fund invests in about 500-600 stocks that could vary based on the number of positions traded. The fund excludes trades reported in individual PTRs as bought and sold, transactions in the securities underlying any reported options contract, and those acquired before the Congressmembers term. KRUZ may transact in sector-specific funds, as reported on PTRs, but excludes broad-based funds. The fund does not consider investments by Congress members that are registered outside of the Republican party. Before March 21, 2025, the fund traded under the ticker KRUZ.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Finance
Technology Services
Stocks94.81%
Electronic Technology17.20%
Finance16.66%
Technology Services12.77%
Energy Minerals7.69%
Industrial Services6.23%
Retail Trade5.16%
Health Technology3.81%
Consumer Non-Durables3.54%
Communications3.39%
Producer Manufacturing3.25%
Consumer Services2.48%
Health Services2.01%
Process Industries2.00%
Transportation1.81%
Consumer Durables1.66%
Non-Energy Minerals1.62%
Distribution Services1.48%
Utilities1.08%
Commercial Services0.98%
Bonds, Cash & Other5.19%
ETF4.82%
Mutual fund0.36%
Cash0.01%
Stock breakdown by region
North America91.54%
Europe8.46%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GOP invests in stocks. The fund's major sectors are Electronic Technology, with 17.20% stocks, and Finance, with 16.66% of the basket. The assets are mostly located in the North America region.
GOP top holdings are JPMorgan Chase & Co. and iShares Bitcoin Trust ETF, occupying 4.88% and 4.82% of the portfolio correspondingly.
GOP last dividends amounted to 0.18 USD. The year before, the issuer paid 0.28 USD in dividends, which shows a 54.43% decrease.
GOP assets under management is 52.74 M USD. It's fallen 2.14% over the last month.
GOP fund flows account for 24.91 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GOP pays dividends to its holders with the dividend yield of 0.54%. The last dividend (Dec 30, 2024) amounted to 0.18 USD. The dividends are paid annually.
GOP shares are issued by Toroso Investments Topco LLC under the brand Subversive. The ETF was launched on Feb 7, 2023, and its management style is Active.
GOP expense ratio is 0.75% meaning you'd have to pay 0.75% of your investment to help manage the fund.
GOP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GOP invests in stocks.
GOP price has risen by 3.50% over the last month, and its yearly performance shows a 11.61% increase. See more dynamics on GOP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.41% over the last month, showed a 9.47% increase in three-month performance and has increased by 12.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.41% over the last month, showed a 9.47% increase in three-month performance and has increased by 12.58% in a year.
GOP trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.