nanc stock: NANC ETF Guide
NANC (Unusual Whales Subversive Democratic Trading ETF)
nanc stock refers to the ETF ticker NANC — an actively managed exchange-traded fund that seeks to track equities disclosed in public filings by Democratic members of the U.S. Congress and their families. This article explains NANC’s purpose, structure, data sources, risks, and how investors can research the fund.
Overview
NANC (ticker: NANC) is an actively managed ETF issued under the Subversive ETFs suite and advised by Toroso Investments and related advisors. The fund is primarily listed on the CBOE marketplace and targets investors interested in a rules-based exposure to securities appearing in congressional public disclosures for Democratic members. nanc stock is designed for investors seeking a novel, transparency-driven equity strategy rather than a passive market-cap index product.
As of 2026-01-26, according to the Subversive ETFs product page and TradingView market summaries, the fund’s public materials describe an actively managed approach with an expense ratio in the mid-0.7% range and a broad portfolio constructed from disclosed positions.
Background and History
NANC launched in early February 2023 in response to retail and media interest in investment strategies that reference congressional disclosures under the STOCK Act. The fund’s sponsor positions nanc stock as a vehicle that operationalizes public periodic transaction reports (PTRs) filed by members of Congress.
Investment Objective and Strategy
The fund’s stated objective is to invest primarily in equity securities reported in public disclosures by Democratic members of the U.S. Congress and their families. nanc stock uses an active selection process that translates disclosure filings into buy or sell signals and builds a diversified portfolio intended to reflect those reported equity activities.
Data Sources and Legal Basis
nanc stock relies on public disclosure sources required under the STOCK Act, including Periodic Transaction Reports and filings maintained by the House Clerk and Senate Office of Public Records. These filings form the legal and factual basis for identifying candidate securities.
Inclusion and Exclusion Criteria
Selections for nanc stock are filtered by party affiliation (Democratic members) and exclude certain items such as trades reported as bought-and-sold, many broad-based funds, option-underlying securities in some cases, and positions noted as pre-term acquisitions. The fund prospectus outlines any limits on position counts and diversification.
Weighting, Rebalancing and Portfolio Construction
The manager weights positions using recency, reported buy/sell signals and proprietary ranking methods. Public descriptions indicate typical portfolio breadth on the order of several hundred names, with dynamic turnover driven by new disclosures and managerial judgment.
Holdings and Sector Allocation
nanc stock holdings frequently include widely traded large-cap names when those securities appear in disclosures; technology and consumer cyclical sectors often feature prominently in published holdings. The issuer publishes updated holdings and fact sheets per regulatory schedules and the fund’s reporting cadence.
Trading, NAV and Market Information
NANC computes NAV in accordance with ETF rules; market price can trade at a premium or discount to NAV during market hours. Investors can view real-time quotes and indicative values on major market-data platforms and the fund’s public materials. Liquidity metrics, AUM and shares outstanding are reported in statutory filings and fact sheets and should be checked for the latest figures.
Fees, Distributions and Tax Treatment
Public summaries report an expense ratio in the ~0.74–0.76% range for nanc stock (check the prospectus for the exact, up-to-date figure). The fund distributes dividends and capital gains as applicable; tax treatment follows standard ETF rules and is detailed in the prospectus.
Performance
Performance for nanc stock is reported both by NAV returns and market-price returns. Historical returns (YTD, 1‑yr, since-inception) are posted on the issuer page and market-data services. Past performance is not indicative of future results; consult official documents for current returns.
Risks and Limitations
Key risks for nanc stock include reporting lag and timeliness of congressional disclosures, a constrained investment universe by party, concentration and sector risk, active-management and turnover risk, and potential regulatory changes affecting disclosure requirements. Investors should review the prospectus for a complete risk discussion.
Controversies and Criticisms
Public debate around funds like nanc stock centers on the ethics and utility of following congressional disclosures, the timeliness of filings for actionable trading, and whether such strategies yield persistent outperformance. These critiques are covered in media commentary and regulatory discussions.
Regulatory and Compliance Information
NANC is an SEC-registered ETF. The prospectus, summary prospectus and periodic reports provide authoritative details. Investors should consult these official filings and the issuer’s fact sheets for definitive metrics.
Comparison with Similar Products
nanc stock is part of a niche set of ETFs that reference congressional disclosures. Other products differ by party focus, methodology and issuer. Methodology documents explain these distinctions.
How to Invest
NANC trades on public equity markets under ticker NANC and can be bought or sold through standard brokerage platforms during market hours. For research, review the prospectus, fund fact sheet and up-to-date holdings on the issuer’s materials and market-data pages. For crypto-related services such as wallet custody or crypto trading, consider Bitget Wallet and Bitget’s platform offerings where applicable to your broader portfolio needs.
See Also
- STOCK Act
- Congressional periodic transaction reports
- ETF prospectus and fact sheet
References
- Issuer prospectus and fact sheet (Subversive ETFs)
- TradingView market summary for NANC (as of 2026-01-26)
- SEC filings and fund regulatory reports
External Links
- Consult the fund’s official product page, prospectus and SEC filings for exact figures and the latest updates.
Further exploration: review the NANC prospectus and recent market-data pages before making decisions. Explore Bitget resources for crypto custody and market tools.





















