Unusual Whales Subversive Democratic Trading ETF (NANC)Large Blend | Exchange Traded Fund | Cboe US
46.55 USD
+0.50
(1.095%)
⇧
(April 17, 2026, 3:57 p.m.
EDT)
After hours: 46.96 +0.42 (0.892%) ⇧ (April 17, 2026, 7:58 p.m. EDT) Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★☆☆☆☆ |
Hot Take | April 18, 2026, 10:41 p.m. EDT
NANC is a highly specific political beta vehicle currently trading at a 29.5x PE with minimal growth trajectory, making it a poor long-term store of value. The recent price action shows steady recovery from lows, supported by short-term call accumulation, but the extremely low dividend yield (0.23%) and erratic dividend history render it unattractive for income investors. While the options data suggests a short-term floor around $45, the instrument is better suited for thematic speculation on legislative outcomes rather than standard investment logic. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.028036 |
| AutoTheta | 0.039027 |
| AutoARIMA | 0.052366 |
| MSTL | 0.055106 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 44% |
| H-stat | 9.70 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.563 |
| Excess Kurtosis | -0.16 |
| Attribute | Value |
|---|---|
| Trailing P/E | 29.51 |
As of April 18, 2026, 10:41 p.m. EDT: Options flow indicates near-term (4/17) bullish caution. Call OI is heavily concentrated just in-the-money (45 strike) and at-atm (47 strike), suggesting a floor around 45–46. The IV spread is wide, with near-term calls at 0.88 IV versus 0.41 for the June expiration, driving up the cost of bullish bets only a month out. Put activity is negligible, confirming a lack of hedging demand despite the political volatility. Speculators appear positioned for a modest upside move based on accumulated betting data (0.14% predicted 45-day direction) but are hesitant to commit capital to further upside, resulting in low liquidity and high cost for short-term convexity plays.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.21% | 0.21% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-26 | 0.096 | 0.207568 |
| 2024-12-27 | 0.078 | 0.199495 |
| 2023-12-19 | 0.286 | 0.940884 |
| Attribute | Value |
|---|---|
| All Time High | 46.86 |
| All Time Low | 23.03 |
| Ask | 47.54 |
| Ask Size | 1,400 |
| Average Daily Volume10 Day | 18,950 |
| Average Daily Volume3 Month | 24,393 |
| Average Volume | 24,393 |
| Average Volume10Days | 18,950 |
| Beta3 Year | 1.14 |
| Bid | 42.2 |
| Bid Size | 200 |
| Category | Large Blend |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 46.74 |
| Day Low | 46.21 |
| Dividend Yield | 0.23 |
| Eps Trailing Twelve Months | 1.5774854 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 44.05934 |
| Fifty Day Average Change | 2.4856567 |
| Fifty Day Average Change Percent | 0.056416113 |
| Fifty Two Week Change Percent | 39.398026 |
| Fifty Two Week High | 46.86 |
| Fifty Two Week High Change | -0.31500244 |
| Fifty Two Week High Change Percent | -0.006722203 |
| Fifty Two Week Low | 33.006 |
| Fifty Two Week Low Change | 13.538998 |
| Fifty Two Week Low Change Percent | 0.41019806 |
| Fifty Two Week Range | 33.006 - 46.86 |
| First Trade Date Milliseconds | 1,675,780,200,000 |
| Full Exchange Name | Cboe US |
| Fund Family | Subversive Capital |
| Fund Inception Date | 1,675,728,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing primarily in equity securities of publicly-traded companies that sitting Democratic members of the U.S. Congress and/or their family members also have reported to have invested in through public disclosure filings made by such Congresspersons pursuant to the Stop Trading on Congressional Knowledge Act of 2012, as amended (“STOCK Act”). It is non-diversified. |
| Long Name | Unusual Whales Subversive Democratic Trading ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1803844259 |
| Nav Price | 46.5848 |
| Net Assets | 238,884,992.0 |
| Net Expense Ratio | 0.72 |
| Open | 46.21 |
| Phone | (414) 765-6620 |
| Post Market Change | 0.41500092 |
| Post Market Change Percent | 0.8916123 |
| Post Market Price | 46.96 |
| Post Market Time | 1,776,470,328 |
| Previous Close | 46.041 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.503998 |
| Regular Market Change Percent | 1.09467 |
| Regular Market Day High | 46.74 |
| Regular Market Day Low | 46.21 |
| Regular Market Day Range | 46.21 - 46.74 |
| Regular Market Open | 46.21 |
| Regular Market Previous Close | 46.041 |
| Regular Market Price | 46.545 |
| Regular Market Time | 1,776,455,854 |
| Regular Market Volume | 23,982 |
| Short Name | Unusual Whales Subversive Democ |
| Source Interval | 15 |
| Symbol | NANC |
| Three Year Average Return | 0.2312785 |
| Total Assets | 238,884,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 29.505817 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -7.32066 |
| Trailing Three Month Returns | -7.32066 |
| Triggerable | 1 |
| Two Hundred Day Average | 44.46575 |
| Two Hundred Day Average Change | 2.0792465 |
| Two Hundred Day Average Change Percent | 0.04676063 |
| Type Disp | ETF |
| Volume | 23,982 |
| Yield | 0.0023 |
| Ytd Return | -7.32066 |