, Columnists
Investing in the Culture Wars Is Costly
The American Conservative Values ETF is basically just an expensive S&P 500 tracker.
It’ll cost ya, buddy.
Photographer: Drew Angerer/Getty Images North AmericaThis article is for subscribers only.
The newest way to own the libs is to not own the libs.
The American Conservative Values ETF (ticker: ACVF) was launched at the end of October. Its guiding principle is that, whether you like it or even know it, your portfolio is all too often funding the “liberal agenda.” So this ETF has a roster of companies — the “worst of the worst” — that it deems “politically active” in ways opposed to conservative causes and therefore boycotts. Presumably, the ACVF investor sleeps better knowing their money isn’t woke.