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BackNew ETFs Aim to Profit from Avoiding Elon Musk's Companies
New ETFs Aim to Profit from Avoiding Elon Musk's Companies
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TechCrunch8h agoBusinessUnited States

New ETFs Aim to Profit from Avoiding Elon Musk's Companies

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  • 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.

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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.

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