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NANCvsCDEIETF Comparison

ETF 1

NANC

Unusual Whales Subversive Democratic Trading ETF -USD

This fund is part of

Uncategorized Equities

-0.83%

Full NANC fund page

VS

ETF 2

CDEI

Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF

Full CDEI fund page

Unusual Whales Subversive Democratic Trading ETF -USD (NANC) belongs to the Uncategorized Equities segment. Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI) is part of the segment. NANC's top 3 sector exposures are Information Technology, Communication Services and Health Care. In contrast, CDEI's top sector exposures are Information Technology, Financials and Communication Services. NANC is more expensive with a Total Expense Ratio (TER) of 0.74%, versus 0.14% for CDEI. NANC is up 2.44% year-to-date (YTD) with -$9M in YTD flows. CDEI performs better with 3.64% YTD performance, and - in YTD flows. Run a side-by-side ETF comparison of NANC and CDEI below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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NANC vs CDEI performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 04/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	NANC CDEI	+14.08%+13.14%	+0.23%+2.95%	+2.44%+3.64%	+29.57%+29.99%	+85.89%+69.22%	n/an/a
Flows	NANC CDEI	-$3M-	-$9M-	-$9M-	+$846K-$12M	+$191M-$20M	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	NANC CDEI	+17.24%+15.59%	+13.74%+12.37%	+16.91%+15.04%	n/an/a
Max drawdown	NANC CDEI	-12.14%-9.35%	-12.14%-9.97%	-21.04%-19.34%	n/an/a
Max drawdown duration	NANC CDEI	83d76d	83d95d	124d127d	n/an/a

Trading data

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	NANC	CDEI
Last sale 4/29/2026 at 1:50 PM	$46.60	$85.44
Previous close 04/28/2026	$46.66	$85.54
Consolidated volume 04/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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NANC

is actively managed and doesn’t replicate an index

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	NANC	CDEI
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/29/2026 at 1:50 PM

Live

Closed

	NANC	CDEI
Last price	$46.60	$85.44
1D performance	-0.13%	-0.11%
AuM	$260.54 M	$17.09 M
E/R	0.74%	0.14%

Characteristics

	NANC	CDEI
Management strategy	Active	Passive
Provider	Subversive Capital	Morgan Stanley
Benchmark	-	Calvert US Large-Cap Diversity Research Index
N° of holdings	92	253
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	February 7, 2023	February 1, 2023
ESG	No	Yes

More NANC data on Trackinsight

More CDEI data on Trackinsight

Exposure

Countries

NANC

USA

96.84%

Other

3.16%

CDEI

USA

97.27%

Other

2.73%

Sectors

NANC

Information Techn.

38.18%

Communication Ser.

13.51%

Health Care

11.47%

Consumer Discreti.

8.68%

Consumer Staples

8.57%

Financials

7.42%

Other

12.17%

CDEI

Information Techn.

42.9%

Financials

11.46%

Communication Ser.

11.31%

Health Care

10.81%

Other

23.52%

Diversification

NANC

Total weight of top 15 holdings out of 15

59.78%

CDEI

Total weight of top 15 holdings out of 15

54.86%

Top 15 holdings

Data as of March 31, 2026

NANC

NVIDIA

10.10%

ALPHABET INC-CL

5.98%

MICROSOFT-T

5.97%

AMAZON.COM INC

4.85%

APPLE

4.21%

APPLIED MATERIAL

3.57%

NETFLIX

3.50%

PHILLIP MORRIS

3.31%

COSTCO WHOLESALE

2.99%

AMERICAN EXPRESS

2.97%

ARTIVION INC

2.89%

SALESFORCE INC

2.56%

LILLY

2.43%

META PLATFORMS

2.23%

VULCAN MATERIALS

2.22%

CDEI

NVIDIA

8.87%

APPLE

8.23%

ALPHABET INC-CL

7.14%

MICROSOFT-T

6.49%

JPMORGAN CHASE

3.38%

AMAZON.COM INC

3.32%

LILLY

3.14%

VISA INCORPORATION

2.50%

MASTERCARD

2.00%

NETFLIX

1.99%

BK OF AMERICA CO

1.72%

PROCTERGAMBLE

1.65%

CISCO-T

1.51%

MERCK & CO INC

1.46%

COCA-COLA

1.46%

Frequently asked questions about NANC and CDEI

How have the NANC and CDEI ETFs performed in 2026?

As of April 28, 2026, NANC is up 2.44% year-to-date (YTD), while CDEI has returned 3.64%. That puts CDEI better performer ahead so far this year.

Which ETF is attracting more investor money: NANC or CDEI?

Year-to-date, the NANC ETF saw -$9M in flows, compared to - for CDEI.

Which ETF is more volatile: NANC or CDEI?

Over the past year, NANC had a volatility of 13.74%, while CDEI experienced 12.37%.

Which ETF is bigger: NANC or CDEI?

As of April 28, 2026, NANC holds $260.54 M in assets under management (AUM), while CDEI manages $17.09 M.

What sectors do the NANC and CDEI ETFs invest in?

NANC leans toward sectors like Information Technology, Communication Services and Health Care. Meanwhile, CDEI focuses on Information Technology, Financials and Communication Services.

What are the top holdings of the NANC ETF and CDEI ETF?

NANC top holdings include NVIDIA, ALPHABET INC-CL and MICROSOFT-T. CDEI holds in its top three: NVIDIA, APPLE and ALPHABET INC-CL.

Which ETF is more diversified: NANC or CDEI?

NANC holds 96 securities with 59.78% of its assets in the top 15. CDEI has 258 securities and a top 15 weight of 54.86%.

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CDEI

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February 16, 2023

CDEI

NANCvsCDEIETF Comparison

Unusual Whales Subversive Democratic Trading ETF -USD

Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF

NANC vs CDEI performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the NANC and CDEI ETFs performed in 2026?

As of April 28, 2026, NANC is up 2.44% year-to-date (YTD), while CDEI has returned 3.64%. That puts CDEI better performer ahead so far this year.

Which ETF is attracting more investor money: NANC or CDEI?

Year-to-date, the NANC ETF saw -$9M in flows, compared to - for CDEI.

Which ETF is more volatile: NANC or CDEI?

Over the past year, NANC had a volatility of 13.74%, while CDEI experienced 12.37%.

Which ETF is bigger: NANC or CDEI?

As of April 28, 2026, NANC holds $260.54 M in assets under management (AUM), while CDEI manages $17.09 M.

What sectors do the NANC and CDEI ETFs invest in?

NANC leans toward sectors like Information Technology, Communication Services and Health Care. Meanwhile, CDEI focuses on Information Technology, Financials and Communication Services.

What are the top holdings of the NANC ETF and CDEI ETF?

NANC top holdings include NVIDIA, ALPHABET INC-CL and MICROSOFT-T. CDEI holds in its top three: NVIDIA, APPLE and ALPHABET INC-CL.

Which ETF is more diversified: NANC or CDEI?

NANC holds 96 securities with 59.78% of its assets in the top 15. CDEI has 258 securities and a top 15 weight of 54.86%.

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