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New ‘Ex-Elon’ ETFs aim to exclude SpaceX and Tesla holdings
The ETFs were launched by Subversive, and one expert is skeptical they will attract enough assets to matter.
MarketWatch reports that Subversive has launched a set of so-called “Ex-Elon” ETFs designed to let investors avoid SpaceX and Tesla exposure.
The outlet says one expert doubts the new funds will catch on in a meaningful way, raising questions about whether demand will be large enough to justify the products.
MarketWatch frames the launch as a niche alternative for investors looking to exclude companies linked to Elon Musk, rather than a broad market shift.
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