BUZZ - With midterm elections approaching, the Democrat ETF has outperformed the MAGA fund.
路透社2026/09/22 18:31Latest Updates
September 22 - ** Ahead of the U.S. midterm elections on November 3, the “Democratic Large Cap Core ETF” (DEMZ.O) has outperformed the “Truth Social America First ETF” (MAGA.P)
** DEMZ has gained 13.6% year to date, compared to a 7.2% gain for MAGA over the same period
** According to its official website, the DEMZ and MAGA ETFs are composed of companies that make political donations to Democratic and Republican causes or candidates, respectively
** The DEMZ ETF does not include fossil fuel companies
** The fund is managed by Reflection Asset Management; major holdings include "Big Seven" members Microsoft MSFT.O, Nvidia NVDA.O, Apple AAPL.O, and dispensing equipment manufacturer Nordson NDSN.O — data compiled by LSEG
** MAGA is managed by Point Bridge Capital, which was acquired in late July by Yorkville America Equities and President Donald Trump’s social media platform Truth Social
** MAGA’s main holdings include Elon Musk-led SpaceX (SPCX.O) and Tesla (TSLA.O), pharmaceutical company Insmed (INSM.O), and trading platform Robinhood Markets HOOD.O
** A Reuters/Ipsos poll released on Monday showed Trump’s support rate (link) fell to a career-low 32%, as the Iran conflict kept oil prices high, making inflation and interest rates a key focus
(To facilitate non-English speakers, Reuters automatically translates its reports into several other languages. Due to potential errors in automated translation or lack of full contextual rendering, Reuters does not guarantee the accuracy of the auto-translated text and provides it solely for readers' convenience. Reuters accepts no liability for any damages or losses arising from the use of the automated translation feature.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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