Unusual Whales Subversive Democratic Trading ETF (NANC) is a momentum-factor ETF. As of October 9, 2026, ETF Copilot scores NANC 7.4 out of 10 — highest on Quality (8.2), lowest on Risk (6.1). It trades at 25.9 times earnings, against its own median of 28.7. Its ten largest holdings are 48% of the fund.
What stands out in NANC's data
Stocks that Democratic members of Congress report trading, followed after disclosure.
Trades at a higher price than the typical momentum fund — you pay more for the same earnings.
Its trailing P/E multiple of 25.9x sits above the category median of 21.6x. Return on capital of 28.8% is strong, and the dividend yield is just 0.2%.
A niche sleeve that adds exposure to disclosed congressional trading alongside broader holdings.
How is NANC rated? ETF Copilot scores Unusual Whales Subversive Democratic Trading ETF (NANC) 7.4 out of 10
As of October 9, 2026, ETF Copilot scores Unusual Whales Subversive Democratic Trading ETF (NANC) 7.4 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 7.4 / 10
- Growth: 8.0 / 10
- Value: 6.9 / 10
- Risk: 6.1 / 10
- Quality: 8.2 / 10
- Return: 7.6 / 10
Is NANC expensive right now? It trades at 25.9 times earnings, against its own median of 28.7
As of October 9, 2026, NANC is cheaper than 71% of its own 45 monthly readings since 2023 — 13 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside NANC? 54% Tech
What's inside NANC: Size (Large 91%, Mid 7%, Small 3%); Geography (International 2%, US 98%); Tech 54.1%; Magnificent 7 33.0%; AI 29.4%; Semiconductors 20.9%; Memory 17.6%.
What are NANC's top holdings? The ten largest are 48% of the fund
Nvidia, Microsoft, Alphabet, Amazon.com, CrowdStrike, Apple, Applied Materials, Philip Morris International, Micron Technology and Eli Lilly are NANC's largest holdings, in that order.
More concentrated than 83% of Momentum ETFs.
Half of NANC's weight sits in its 11 largest positions, and once those weights are taken into account it behaves like 31 equally weighted holdings.
What is NANC's expense ratio? 0.72% a year
As of October 9, 2026, NANC charges 0.72% a year, yields 0.19% and holds $298M in assets across 90 positions.
| Measure | NANC |
|---|---|
| Expense ratio | 0.72% |
| Dividend yield | 0.19% |
| Assets under management | $298M |
| Holdings | 90 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Unusual Whales Subversive Democratic Trading ETF (NANC) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/nanc
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