New ‘Ex-Elon’ ETFs let investors track the market while skipping Musk’s companies
TL;DR
Subversive ETFs has filed with the SEC for two “Ex-Elon” funds, the Nasdaq-100 Ex-Elon Enterprises ETF (QQNE) and the S&P 500 Ex-Elon Enterprises ETF (SPNE), that track those indexes but exclude any company “founded, controlled or led by” Elon Musk, currently Tesla and SpaceX. The trigger was SpaceX’s fast-tracked Nasdaq-100 inclusion,