NANC vs USMC
Subversive Congressional Democrats Trading ETF vs Principal U.S. Mega-Cap ETF
Which is better, NANC or USMC?
Nearly the same fund. USMC costs less.
USMC has a lower expense ratio. NANC led over 1Y and 3Y, USMC over the full window. The two have moved almost in lockstep, correlation 0.95. NANC is less concentrated, with 47.5% of the fund in its ten largest positions against 55.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | NANC | USMC |
|---|---|---|
| Expense Ratio | 0.72% | 0.12%Best |
| AUM | $298M | $5.2B |
| Dividend Yield | 0.18% | 0.74% |
| Holdings | 181 | 58 |
| YTD Return | +13.64% | +13.98%Best |
| 1Y Return | +15.98%Best | +14.91% |
| 3Y Return (annualized) | +23.88%Best | +22.22% |
| 5Y Return (annualized) | - | +14.81% |
| Volatility (annualized) | 14.5% | 12.2%Best |
| Max Drawdown | -20.9% | -19.1%Best |
| $10,000 over 3.7 years | $20,418 | $20,474Best |
| Top 10 Weight | 47.5%Best | 55.3% |
| Fund Family | Subversive Capital | Principal Funds |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Feb 7, 2023 | Oct 11, 2017 |
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Feb 7, 2023 to Oct 14, 2026 (3.7 years).
NANC vs USMC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.7 years both funds cover.
NANC vs USMC Performance
Subversive Congressional Democrats Trading ETF (NANC) is an ETF from Subversive Capital and Principal U.S. Mega-Cap ETF (USMC) is an ETF from Principal Funds. Over the past year NANC returned +15.98% while USMC returned +14.91%. Year to date, NANC is up 13.64% versus a gain of 13.98% for USMC.
Over three years, NANC compounded at +23.88% per year against +22.22% for USMC. Across the full 4-year window we track, USMC has the edge at +21.37% annualized vs +21.28%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NANC has been the more volatile fund, with annualized monthly volatility of 14.5% compared with 12.2% for USMC. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -20.9% for NANC and -19.1% for USMC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NANC charges 0.72% per year while USMC charges 0.12%. On a $10,000 position that is $72 vs $12 annually, a gap of $60 per year that compounds over a long holding period. On income, NANC currently yields 0.18% against 0.74% for USMC.
Holdings Overlap
40.4% of NANC's money is in holdings USMC also owns. 77.4% of USMC's money is in holdings NANC also owns.
Most of USMC is already inside NANC. Owning both mostly buys the same companies twice.
19 positions in common, counted across the 89 positions we hold weights for in NANC and 27 in USMC, against full books of 181 and 58.
What only one of them owns
Our book lists 8 positions for USMC that do not appear in our book for NANC (22.6% of the fund), and 68 for NANC that do not appear in USMC (58.8%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in NANC | Weight in USMC | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.78% | 7.99% | 0.79% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.66% | 5.55% | 1.11% |
| AAPLApple, Inc | 4.41% | 7.40% | 2.99% |
| MUMicron Technology, Inc. | 2.69% | 7.18% | 4.49% |
| AMZNAmazon.Com Inc | 4.69% | 3.77% | 0.92% |
| METAMeta Platform Inc | 2.37% | 3.92% | 1.55% |
| COSTCostco Wholesale Corp. | 2.15% | 3.51% | 1.36% |
| AVGOBroadcom Inc | 1.00% | 4.44% | 3.44% |
| NFLXNetflix, Inc. | 2.00% | 3.16% | 1.16% |
| JPMJpmorgan Chase | 0.21% | 4.65% | 4.44% |
77.4% of USMC is already inside NANC.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NANC or USMC?
NANC has an expense ratio of 0.72% while USMC charges 0.12%. USMC is the cheaper option, by $60 a year on a $10,000 investment.
Which performed better, NANC or USMC?
Over the past year NANC returned +15.98% vs +14.91% for USMC, so NANC leads on 1-year performance. Over the longest common window we track (4 years), NANC annualized +21.28% vs +21.37% for USMC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NANC or USMC?
NANC has been the more volatile fund at 14.5% annualized versus 12.2% for USMC. Worst drawdown: NANC -20.9% vs USMC -19.1%.
Should I hold both NANC and USMC?
NANC and USMC have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between NANC and USMC?
77.4% of USMC's money is in holdings NANC also owns. 77.4% of USMC's is in holdings NANC also owns. They hold 19 positions in common, counted across the 89 positions we hold weights for in NANC and 27 in USMC.
Which pays a higher dividend, NANC or USMC?
NANC yields 0.18% while USMC yields 0.74%, so USMC currently pays the higher dividend yield.
Is USMC better than NANC?
USMC has a lower expense ratio. NANC led over 1Y and 3Y, USMC over the full window. The two have moved almost in lockstep, correlation 0.95. NANC is less concentrated, with 47.5% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.