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Trump Trade Index Falls 16% Since May as ETF Holdings Report Year-to-Date Losses

2026-07-25 14:33:38

SPX500-0.41%

According to Ned Davis Research, the Trump Trade Index—comprising over a dozen exchange-traded funds (ETFs) tracking stocks expected to benefit from White House policies on defense spending, domestic manufacturing, and infrastructure—has declined approximately 16% since May after outperforming the S&P 500 earlier this year. Multiple ETFs within the index are now reporting cumulative year-to-date losses.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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