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Launched · SEC filings

Subversive Congressional Republicans Trading ETF

GOPCboeSubversiveC

$42.46−0.22 (−0.52%)

As of Nov 2, 2026, 3:51 PM ET

C54/ 100

Rank 54 of 126 in US Active Equity

C54/100Rank 54 of 126inUS Active Equity
Intraday session: down, 77 prints from 42.68 to 42.46. Range 42.46 to 43.15. Use the arrow keys to read each point.42.6042.8042.9043.0043.1010 AM12 PM2 PM4 PM
Expense ratio
0.73%
Fund size
$94M
1Y total return
+16.4%
Yield · Last 12 months
0.59%
Holdings
135
Avg volume · 30D
9.01K sh
52W range
low $34.81high $46.00
Launched
Filings
SEC EDGAR

The ETF.net GOP Grade

C

Score 54 out of 100

Category
US Active Equity⁠
Rank
54 of 126
Six-pillar profile for GOP. Scores out of 100: Cost 41, Risk 67, Mission 79, Tradability 50, Holdings 77, Durability 58. Strongest: Mission (79). Weakest: Cost (41). Leans toward Mission and Holdings.

Score 54 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C41 out of 100
    Rank 74 of 126

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A79 out of 100
    Rank 15 of 49

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B67 out of 100
    Rank 27 of 126

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C50 out of 100
    Rank 57 of 126

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A77 out of 100
    Rank 24 of 124

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B58 out of 100
    Rank 61 of 126

Our read on GOP

ETF.net Research

In short

CCongress trades stocks; this fund copies the Republican half of the ledger, buying and selling what sitting Republican members and their families disclose under the STOCK Act, tilted toward the names they buy big, often, and in groups.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  • A clean split of the data: the Republican side of the congressional-disclosure trade, with a sibling fund running the Democratic side.sec.govsec.gov 2
  • Weighting follows conviction. Large, repeat and multi-member purchases get overweighted; small or one-off trades are underweighted or skipped.sec.gov
  • The portfolio stays tight to the mandate it advertises, and the fund sits in the upper half of its active US equity peer group.
  • At 0.73% with no fee waiver in place, the price tag lands near the median for active US equity funds.

Worth knowing

  • The lag is structural: members have up to 45 days to file a transaction report, so the fund trades after the disclosure, not alongside it.sec.gov
  • Near the category median still means several times the cost of broad active core peers like DFAU (0.12%) and AVLC (0.15%).
  • Smaller and thinly traded, so spreads can run wider than the category's giants. Distributions come once or twice a year; pre-2025 history sits under the old ticker, KRUZ.sec.gov

GOP Performance

Launched Feb 6, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
GOP$11,645
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. GOP $11,645. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000$12,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GOP. Periods over one year show the average yearly return.
PeriodGOP
Year to date+17.0%
1 month−4.1%
3 months−2.0%
1 year+16.4%
3 yearsper year+21.7%
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GOP
YearReturn barGOP
2026 YTD+17.0%
2025+17.1%
2024+14.4%
2023+10.2%

History from Feb 7, 2023

GOP in the news

GOP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.59%Last 12 months
Payout per share
$0.25Last 12 months
Last payment
$0.25 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 19, 2023 $0.28; Dec 27, 2024 $0.18; Dec 26, 2025 $0.25. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 26, 2025Dec 29, 2025$0.25
Dec 27, 2024Dec 30, 2024$0.18
Dec 19, 2023Dec 21, 2023$0.28

$10,000 in GOP 3 years ago paid $282 in dividends.

GOP Risk

Risk pillarB67 out of 100Rank 27 of 126 in US Active Equity
How much the fund’s monthly returns vary, scaled to a year.
13.5%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.20
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−15.4%
44 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.95
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

GOP Cost

Compare GOP and TACU

Overpaying vs TACU, cheapest in US Active Equity

$14,133

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GOP 0.73%

    $14,133

  • TACU 0.00% Cheapest

    $0

$10,000
30 years

Cost over time

  • GOP 0.73%
  • TACU 0.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530GOP $14,133TACU $0

Year by year

YearGOPTACUOverpaying
10$1,302$0$1,302
20$4,952$0$4,952
30$14,133$0$14,133

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