Democratic Large Cap Core ETF (DEMZ) NASDAQ
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Currency In USD
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
November 04, 2020
This ETF is built around an index that identifies prominent, large-capitalization companies. These companies are drawn from the broader S&P 500 Index, specifically chosen because they consistently provide significant financial contributions—above a specified minimum—to Democratic Party political candidates and related action committees. As a standard practice, the fund intends to allocate a minimum of 80% of its total assets (including any capital acquired through borrowing for investment) towards purchasing securities issued by these same companies that comprise its benchmark index.