ACVF screens the S&P 500 for companies that align with politically conservative values while applying traditional value metrics. It excludes firms deemed hostile to conservative principles around issues like 2nd Amendment rights, border security, and energy policy.
How It Works
The fund starts with S&P 500 constituents, removes companies that fail its political screens (roughly 30-40 stocks typically excluded), then weights the remaining holdings by market cap. The political screening criteria are determined by advisory firm Ridgeline Research and can evolve based on corporate political stances and lobbying activities.
Key Features
- Only large-cap values ETF combining political screens with S&P 500 exposure
- Excludes major tech names like Meta and Alphabet over political concerns
- Rebalances quarterly as companies' political activities change
Risks
- Concentrated sector bets — missing big tech means severe underweight in 25%+ of S&P 500
- Political screening criteria could shift dramatically with management changes
- Zero AUM suggests severe liquidity issues — wide bid-ask spreads likely
Who Should Own This
Conservative investors who prioritize political alignment over diversification and are willing to accept tracking error versus the S&P 500. Best suited for those who view their portfolio as an extension of their political values and can tolerate potentially significant underperformance during tech rallies.