NANC vs TACU

NANCCUnusual Whales Subversive Democratic Trading ETF

TACUAT. Rowe Price Active Core U.S. Equity ETF

In short

NANC Congress has to disclose its stock trades. NANC turns the Democratic half of that paperwork into a portfolio, leaning hardest on the names bought biggest, bought most often, and bought by the most lawmakers.

TACU T. Rowe Price's quant-plus-fundamental take on core large-cap U.S. stock, benchmarked to the Russell 1000. Gross fee 0.14%, fully waived to zero through January 30, 2027.

Stated mandate

NANC The Fund seeks long-term capital appreciation.

TACU The fund seeks long-term capital growth through a primarily U.S. equity portfolio. It combines quantitative models with fundamental, bottom-up analysis and seeks excess returns relative to the Russell 1000 Index.

Why people hold it

• NANC Holdings come from the periodic transaction reports Democratic members of Congress and their spouses or dependent children file under the STOCK Act. The source paperwork is public.subversiveetfs.comsec.gov
• Weighting follows a stated rule: stocks bought in size, bought repeatedly, or bought by several lawmakers get overweighted, rather than every filing counting the same.sec.gov
• Launched in February 2023 as one half of a matched pair, with Republican-side KRUZ registered beside it. Same playbook, opposite side of the aisle.sec.gov
• The fee is 0.72% gross and net, with no waiver propping it up, so there is no expiry date to diary. That sits near the going rate for active US equity ETFs.

• TACU Fee fully waived: 0.14% gross, zero net through January 30, 2027. That sits below every top-scoring peer in the category, including DFAU at 0.12% with no waiver.troweprice.com
• Quant models feed bottom-up stock picking with tilts to profitability, quality and value, chasing excess return over the Russell 1000 while holding tracking error tight.troweprice.com
• Several hundred large-cap names, so no single position runs the show. One of the stronger profiles in a crowded active U.S. equity field.troweprice.com

Worth knowing

• NANC The data is late by law. Reports are due within 30 days of a lawmaker learning of a trade and no later than 45 days after it, so the portfolio reflects older moves.subversiveetfs.com
• Cost is active-manager pricing: 0.72% against broad core rivals like DFAU at 0.12% or AVLC at 0.15%. You are paying for the disclosure dataset, not for index beta.
• Shares change hands lightly, so the bid-ask gap can run wider than on a heavily traded index fund.

• TACU Launched in December 2025, so the live record is short and the risk read rests on limited history.
• Still a small fund that trades lightly, which can mean wider spreads than the category's giants.
• Distributions are annual at most, with no declared income target. This is a growth mandate, not a cash-flow one.

Full NANC profile⁠

Full TACU profile⁠