New ETFs Aim to Profit from Avoiding Elon Musk's Companies
Quick Look
- Two new exchange-traded funds (ETFs) have been created to allow investors to avoid companies associated with Elon Musk, such as Tesla and SpaceX.
- The funds, named Nasdaq-100 Ex-Elon Enterprises ETF and S&P 500 Ex-Elon Enterprises ETF, aim to provide capital appreciation by excluding these specific companies.
AI-generated summary
Two new exchange-traded funds (ETFs) have been created to allow investors to avoid companies associated with Elon Musk, such as Tesla and SpaceX. The funds, named Nasdaq-100 Ex-Elon Enterprises ETF and S&P 500 Ex-Elon Enterprises ETF, aim to provide capital appreciation by excluding these specific companies.






