ESG - Want To Bet Against 'Woke' Companies? There's An ETF For That | Benzinga
While Florida Gov. Ron DeSantis and his fellow Republicans are leading the political charge against "woke” companies, Tuttle Capital Management’s CEO Matthew Tuttle is leading the monetary charge.
And, you may be able to invest in this come Nov. 20.
What Happened: Tuttle Capital filed a Form485APOS with the SEC on Tuesday, aiming to introduce the Tuttle Capital Inverse Socially Conscious ETF and the Tuttle Capital Self Defense Index ETF.
The Inverse Socially Conscious ETF will trade under the "GWGB” (Go Woke, Go Broke) symbol, while the Self Defense Index ETF will trade under the "GUNZ” symbol.
"This is [the] same line of thinking we took with SJIM,” Tuttle told Benzinga, "We saw an issue, in this case the media touting Jim like he was a guru and we took the other side.” SJIM is the Inverse Cramer Tracker ETF.
Tuttle Capital's GWGB doesn’t follow a conventional benchmark index, instead, the ETF seeks to identify companies based on their political orientation. In a nutshell, it plans to invest in companies with conservative or politically neutral perspectives and ...