When was the Mega ETF launched?
The ETF That Would Make President Trump Proud
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The Mega ETF, aligned with Republican interests, invests in large-cap companies supportive of GOP candidates. It focuses on energy, industrials, and financials, excluding tech companies. Launched in 2017, it has underperformed the S&P 500 recently. With a high expense ratio of 65 basis points, it is noted for its equal weighting, leading to increased volatility. Despite this, it receives a green light in Bloomberg's system.
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What is the expense ratio of the Mega ETF?
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