Don't Want Tesla or SpaceX in Your Portfolio? Meet the New 'Ex-Elon' ETFs
Yahoo Finance ·
Don't Want Tesla or SpaceX in Your Portfolio? Meet the New 'Ex-Elon' ETFs Radhika Anilkumar Nadig Sun, July 12, 2026 at 11:01 AM EDT 5 min read SPCX TSLA Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Two proposed exchange-traded funds (ETFs) aim to give investors exposure to the Nasdaq-100 and S&P 500 while excluding companies founded, controlled or led by Elon Musk. Subversive Markets Lab LLC filed with the SEC to launch the Subversive Nasdaq-100 Ex-Elon Enterprises ETF (QQNE) and the Subversive S&P 500 Ex-Elon Enterprises ETF (SPNE), which would track their respective benchmarks while excluding companies involving Musk. The Average Family's Finances Are More Complicated Than Ever. These Tools Aim To Make Them Easier To Manage. Think Your 'Safe' Stocks Protect You? You're Ignoring the Real Growth Triggers — Here's What to Add Now The initial exclusion list includes Tesla Inc and Space Exploration Technologies Corp. , with the funds redistributing their index weight across the remaining constituents. According to the filing, the ETFs are intended for investors seeking broad U.S. equity exposure without companies associated with Musk, which it said may carry 'corporate governance concerns, political risks, and heightened share-price volatility.' The ETFs may gain exposure through direct stock holdings, other ETFs, or derivatives. The filing comes after SpaceX joined the Nasdaq 100 on Tuesday following its historic June IPO, increasing passive investors' exposure to Musk-controlled companies. Millions of investors who have never purchased a single share of SpaceX are now indirectly exposed to the aerospace company through index funds and ETFs that track the Nasdaq-100. Trending: Caught With Nothing Saved for Retirement? These 5 Game‑Changing Tips Could Still Save You Other Musk-controlled companies, including Neuralink and The Boring Company , are privately held and are not included in the proposed funds. According to the filing, QQNE will sell any holding once it is removed from the Nasdaq 100 and will not own any index constituent that meets its "excluded enterprises" criteria. SPNE will follow the same approach for companies in the S&P 500. Both funds will periodically review their holdings to ensure companies that later become controlled or led by Musk are excluded, while newly eligible index constituents can be added. Think you're saving enough for your kids? You might be dangerously off — see why Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast Building a resilient portfolio means thinking beyond a single asset or market trend. Economic cycles shift, sectors rise and fall, and no one investment performs well in every environment. That's why many investors look to diversify with platforms that provide access to real estate, fixed-income opportunities, precious metals, and even self-directed retirement accounts. By spreading exposure across multiple asset classes, it becomes easier to manage risk, capture steady returns, and create long-term wealth that isn't tied to the fortunes of just one company or industry. Backed by Jeff Bezos, Arrived Homes makes real estate investing accessible with a low barrier to entry. Investors can buy fractional shares of single-family rentals and vacation homes starting with as little as $100 . This allows everyday investors to diversify into real estate, collect rental income, and build long-term wealth without needing to manage properties directly. Farmland has historically held its value through market volatility and delivered returns uncorrelated to stocks and bonds. For accredited investors, FarmTogether offers direct access to high-quality U.S. farmland starting at $15,000 — fully managed, with no landlord headaches. Immersed is building technology for the future of work through spatial computing. Known for its AR/VR productivity platform that enables users to work across multiple virtual screens, the company has grown to more than 1.5 million users worldwide. Immersed is also developing Visor, a lightweight headset designed specifically for professional productivity, positioning the company at the intersection of remote work, extended reality (XR), and next-generation computing. Private real estate and private credit can add income and stability to a stock-heavy portfolio. Fundrise offers access to diversified private real estate and credit strategies through an easy-to-use platform, with professionally managed portfolios designed to generate passive income and long-term growth. Institutional-quality real estate has traditionally been difficult for individual investors to access. Realberry gives accredited investors direct access to private real estate opportunities backed by a team with 35 years of experience, $3.4 billion in assets under management, and $481 million in cumulative distributions paid to investors as of Q4 2025, according to the company. With a portfolio spanning 13 million square feet across seven U.S. states, Realberry focuses on acquiring, developing, and managing real estate with an emphasis on long-term value creation while its principals often invest alongside clients to help align interests. For accredited investors looking beyond stocks and bonds, EquityMultiple provides access to vetted commercial real estate deals starting at $5,000 , with only ~5% of opportunities passing their due diligence process.
AI 시장 분석
Subversive Markets Lab has filed with the SEC to launch new ETFs, QQNE and SPNE, excluding companies led by Elon Musk. This strategy aims to track the Nasdaq-100 and S&P 500 indices while removing Musk-related stocks like Tesla and SpaceX. It is expected to provide an alternative for investors seeking to avoid corporate governance concerns and political risks.
상승 영향
- Alternative Investments — The launch of ETFs excluding Musk-related stocks will increase demand for portfolio diversification, likely accelerating capital inflows into assets with low correlation to the stock market, such as real estate and farmland.
하락 영향
- Electric Vehicles — The emergence of ETFs that exclude Tesla from major indices could trigger passive selling pressure from institutional investors. This is likely to exert downward pressure on the stock price as risk premiums regarding specific leadership are reflected.
DYAX 전담 분석
The introduction of ETFs excluding Musk-led entities marks a significant move in the passive investment landscape. By filtering out high-profile companies based on governance and key-person risk, these funds cater to a niche market concerned with idiosyncratic volatility associated with Musk. However, the success of these ETFs will depend on whether the exclusion of major constituents significantly impacts tracking error and overall index performance.
AI가 생성한 분석으로 투자 자문이 아닙니다.
DYAX Investor Sentiment
Bullish (Long) 36% · Bearish (Short) 64%
359 participants
Related News
- Disney's 'Moana' cruises to No. 1 with $43M opening as Pixar, Minions hold strong
- What Is the State Street SPDR Portfolio Developed World ex-US ETF, and Who Should Buy It?
- AI giants shift focus from raw power to lower costs as business spending scrutinized
- $10,000 Invested in Mark Zuckerberg's Meta a Decade Ago Is Worth This Much Today
- Tesla merger with SpaceX won't save investors, top analyst says
- Is Meta Platforms a good long-term investment?