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Subversive ETFs Files Applications for Two 'Ex-Elon' ETFs, Excluding Tesla and SpaceX

2026-07-10 00:43:42

TSLA3.20%

SPCX2.55%

According to MarketWatch, on July 9, Subversive ETFs filed applications with the U.S. Securities and Exchange Commission (SEC) to launch two new exchange-traded funds that exclude Elon Musk-related companies. The products—QQNE (tracking the Nasdaq 100 without Musk companies) and SPNE (tracking the S&P 500 without Tesla)—are designed to provide index exposure while avoiding investments in Tesla and SpaceX. This marks the first ETF explicitly excluding companies tied to a specific individual from major benchmark indices.

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