Subversive Capital Files 'Ex-Elon' ETFs with the SEC, Excluding Tesla and SpaceX

Subversive Capital has filed for two new actively-managed ETFs that exclude Elon Musk's companies from major indices. The S&P 500 Ex-Elon Enterprises ETF (SPNE) removes Tesla, while the Nasdaq-100 Ex-Elon Enterprises ETF (QQNE) excludes both Tesla and SpaceX. Removing these firms reduces their weight in those indices by approximately 2.2% for the S&P 500 and 8.4% for the Nasdaq-100.

By Eric Esposito Sat, July 11, 2026 at 12:15 AM GMT+3 5 min read · Yahoo Finance ·

Subversive Capital Files 'Ex-Elon' ETFs with the SEC, Excluding Tesla and SpaceX

Tickers: $SPCX $TSLA

Topics: Elon Musk ETF Nasdaq-100 S&P 500 SpaceX Tesla, Inc.

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