Democratic-aligned ETF DEMZ outperforms Republican-aligned MAGA, both beating S&P 500 since launch.

From Business Insider: 2024-06-22 08:31:00

Two ETFs, DEMZ and MAGA, cater to politically-motivated investors. DEMZ, focused on Democratic-aligned companies, has outperformed the Republican-aligned MAGA ETF and the S&P 500 since its launch in November 2020. DEMZ’s holdings are companies that primarily donate to Democratic campaigns, while MAGA invests in Republican-supporting firms. The Democratic ETF has returned 78.3% since inception, compared to MAGA’s 76.6% gain. Interestingly, both ETFs have outperformed the S&P 500’s 72% increase since November 2020. DEMZ is heavily invested in technology stocks, while MAGA emphasizes industrial, financial, and energy companies. DEMZ also leads in assets under management, with $36 million compared to MAGA’s $21 million.



Read more at Business Insider: Republican Donors Losing to Democrats in Stock Market: DEMZ Vs MAGA ETF