Subversive ETFs Launches XXSP and XXQQ to Own the Market Without Elon Musk
you are currently viewing:Subversive ETFs Launches XXSP and XXQQ to Own the Market Without Elon MuskOctober 9, 2026-New "Redacted" ETFs offer broad market exposure without companies founded,controlled or led by Elon Musk
Musk's companies have grown large enough that most broad market investors already carry meaningful exposure to him personally, whether they intended to or not. Few individuals carry as much weight across major U.S. indices, and his political activity and public volatility introduce a form of founder concentration that portfolios answering to clients, boards or their own convictions may want to weigh. XXSP and XXQQ give investors a straightforward way to opt out while maintaining broad market exposure, including by redirecting future contributions and dividends without selling existing holdings. Source: Subversive ETFs |
September 30, 2026- Empowered Funds, LLC d/b/a ETF Architect is pleased to announce that effective September 30, 2026, the Fund's name will change to "Towle Small-Cap Value ETF".
This name change does not reflect a change in the Fund's investment strategy but is intended to more clearly convey the Fund's established small-cap value focus.