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NANCvsSPXNETF Comparison

ETF 1

NANC

Unusual Whales Subversive Democratic Trading ETF -USD

This fund is part of

Uncategorized Equities

-0.73%

Full NANC fund page

VS

ETF 2

SPXN

ProShares S&P 500 Ex-Financials ETF

This fund is part of

US Large Cap

-1.18%

Full SPXN fund page

Unusual Whales Subversive Democratic Trading ETF -USD (NANC) belongs to the Uncategorized Equities segment. ProShares S&P 500 Ex-Financials ETF (SPXN) is part of the US Large Cap segment. NANC's top 3 sector exposures are Information Technology, Communication Services and Health Care. In contrast, SPXN's top sector exposures are Information Technology, Communication Services and Consumer Discretionary. NANC is more expensive with a Total Expense Ratio (TER) of 0.72%, versus 0.13% for SPXN. NANC is up 8.37% year-to-date (YTD) with -$11M in YTD flows. SPXN performs better with 10.45% YTD performance, and -$730K in YTD flows. Run a side-by-side ETF comparison of NANC and SPXN 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 SPXN performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/17/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	NANC SPXN	+2.06%-0.21%	+12.59%+11.09%	+8.37%+10.45%	+23.18%+28.43%	+80.90%+77.37%	n/a+93.76%
Flows	NANC SPXN	-$2M-	-$10M-	-$11M-$730K	+$5M-$244K	+$188M+$3M	-+$34M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	NANC SPXN	+18.17%+17.12%	+14.09%+13.26%	+16.96%+15.70%	n/a+17.47%
Max drawdown	NANC SPXN	-6.71%-6.03%	-12.14%-9.16%	-21.04%-19.44%	n/a-24.54%
Max drawdown duration	NANC SPXN	21d21d	83d75d	124d126d	n/a708d

Trading data

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	NANC	SPXN
Last sale 6/17/2026 at 1:30 PM	$49.47	$81.40
Previous close 06/17/2026	$50.00	$82.53
Consolidated volume 06/17/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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NANC

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 6/17/2026 at 1:30 PM

Live

Closed

	NANC	SPXN
Last price	$49.47	$81.40
1D performance	-1.07%	-1.37%
AuM	$273.15 M	$76.51 M
E/R	0.72%	0.13%

Characteristics

	NANC	SPXN
Management strategy	Active	Passive
Provider	Subversive Capital	ProShares
Benchmark	-	S&P 500 Ex-Financials Index
N° of holdings	92	373
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	February 7, 2023	September 22, 2015
ESG	No	No

More NANC data on Trackinsight

More SPXN data on Trackinsight

Exposure

Countries

NANC

USA

97.92%

Other

2.08%

SPXN

USA

96.99%

Other

3.01%

Sectors

NANC

Information Techn.

40.4%

Communication Ser.

13.76%

Health Care

9.86%

Consumer Discreti.

9.24%

Consumer Staples

7.41%

Financials

7.05%

Other

12.28%

SPXN

Information Techn.

40.03%

Communication Ser.

12.25%

Consumer Discreti.

11.82%

Health Care

9.65%

Industrials

9.26%

Other

16.99%

Diversification

NANC

Total weight of top 15 holdings out of 15

60.43%

SPXN

Total weight of top 15 holdings out of 15

50.03%

Top 15 holdings

Data as of April 30, 2026

NANC

NVIDIA

11.53%

ALPHABET INC-CL

6.64%

MICROSOFT-T

6.15%

AMAZON.COM INC

5.48%

APPLE

3.98%

APPLIED MATERIAL

3.90%

NETFLIX

3.00%

PHILLIP MORRIS

2.81%

AMERICAN EXPRESS

2.77%

ARTIVION INC

2.63%

COSTCO WHOLESALE

2.60%

META PLATFORMS

2.46%

CROWDSTRIKE HOLDINGS INC

2.20%

SALESFORCE INC

2.17%

VULCAN MATERIALS

2.11%

SPXN

NVIDIA

9.56%

APPLE

7.52%

MICROSOFT-T

5.96%

AMAZON.COM INC

4.87%

ALPHABET INC-CL

3.79%

BROADCOM LIMITED

3.79%

ALPHABET INC-CL

3.02%

META PLATFORMS

2.79%

TESLA

2.00%

LILLY

1.32%

EXXON

1.18%

WALMART INC

1.08%

ADVANCED MICRO DEVICES

1.07%

MICRON TECHNOLOGY

1.06%

JOHNSON&JOHNSON

1.04%

Frequently asked questions about NANC and SPXN

How have the NANC and SPXN ETFs performed in 2026?

As of June 17, 2026, NANC is up 8.37% year-to-date (YTD), while SPXN has returned 10.45%. That puts SPXN better performer ahead so far this year.

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

Year-to-date, the NANC ETF saw -$11M in flows, compared to -$730K for SPXN.

Which ETF is more volatile: NANC or SPXN?

Over the past year, NANC had a volatility of 14.09%, while SPXN experienced 13.26%.

Which ETF is bigger: NANC or SPXN?

As of June 17, 2026, NANC holds $273.15 M in assets under management (AUM), while SPXN manages $76.51 M.

What sectors do the NANC and SPXN ETFs invest in?

NANC leans toward sectors like Information Technology, Communication Services and Health Care. Meanwhile, SPXN focuses on Information Technology, Communication Services and Consumer Discretionary.

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

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

Which ETF is more diversified: NANC or SPXN?

NANC holds 99 securities with 60.43% of its assets in the top 15. SPXN has 396 securities and a top 15 weight of 50.03%.

Simeon Hyman on the ProShares S&P 500 Ex-Financials ETF (SPXN)

May 15, 2023

SPXN

NANCvsSPXNETF Comparison

Unusual Whales Subversive Democratic Trading ETF -USD

ProShares S&P 500 Ex-Financials ETF

NANC vs SPXN 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 SPXN ETFs performed in 2026?

As of June 17, 2026, NANC is up 8.37% year-to-date (YTD), while SPXN has returned 10.45%. That puts SPXN better performer ahead so far this year.

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

Year-to-date, the NANC ETF saw -$11M in flows, compared to -$730K for SPXN.

Which ETF is more volatile: NANC or SPXN?

Over the past year, NANC had a volatility of 14.09%, while SPXN experienced 13.26%.

Which ETF is bigger: NANC or SPXN?

As of June 17, 2026, NANC holds $273.15 M in assets under management (AUM), while SPXN manages $76.51 M.

What sectors do the NANC and SPXN ETFs invest in?

NANC leans toward sectors like Information Technology, Communication Services and Health Care. Meanwhile, SPXN focuses on Information Technology, Communication Services and Consumer Discretionary.

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

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

Which ETF is more diversified: NANC or SPXN?

NANC holds 99 securities with 60.43% of its assets in the top 15. SPXN has 396 securities and a top 15 weight of 50.03%.

Simeon Hyman on the ProShares S&P 500 Ex-Financials ETF (SPXN)

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