ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Alternatives Channel
      • Artificial Intelligence
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Education
      • ETF Investing
      • ETF Strategist
      • Faith-Based Investing
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Invest Beyond Cash
      • Leveraged & Inverse
      • Modern Alpha
      • Portfolio Strategies
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Gold/Silver/Critical Materials
        • Crypytocurrency
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook
    • Crypto ETF Hub
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Database Categories
    • Indexes
    • Scenario Analysis
    • Watchlists
    • Head-To-Head ETF Comparison Tool
    • Mutual Fund To ETF Converter
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • Gaining Perspective Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. “Anti-Woke” Firm Targets National Security With New ETF
News
Share

“Anti-Woke” Firm Targets National Security With New ETF

James ComtoisAug 31, 2023
2023-08-31

Strive Asset Management, the fund manager launched by businessman-turned-aspiring-rapper Vivek “Rhymes With Cake” Ramaswamy, has launched another ETF. The Strive FAANG 2.0 ETF (NYSE Arca: FTWO) targets companies that are engaged in national security and natural resource security.

FTWO offers exposure to fuel, aerospace & defense, agriculture, nuclear, and gold & precious metals. Top holdings as of Aug. 31 were Deere & Co. (DE), General Electric Co. (GE), and Exxon Mobil Corp. (XOM). It carries an expense ratio of 0.49%.

See more: Anti-ESG’ Manager Strive Launches Fixed Income ETFs

Earlier this month, Strive Asset Management launched two fixed income ETFs. The Strive Enhanced Income Short Maturity ETF (BUXX) and the Strive Total Return Bond ETF (STXT) mark the firm’s first foray into the fixed income space.

Ramaswamy co-founded Strive in 2022 to combat “woke” capitalism but left the company to pursue a career in hip-hop. Strive’s debut fund, the Strive U.S. Energy ETF (DRLL ), was designed to push back against the trend of ESG investing. It’s underperformed the S&P 500 ESG index by nearly 19 percentage points year-to-date.

“Anti-Woke” Firm Targets National Security With New ETF

Content continues below advertisement

The firm includes PayPal co-founder Peter Thiel among its early investors.

In October, Ramaswamy appeared on Bob Pisani’s ETF Edge with VettaFi head of research Todd Rosenbluth to discuss ESG investing. Ramaswamy attempted to argue that ESG isn’t just about ESG funds but also the “green smuggling” of political issues into non-ESG funds. Rosenbluth pointed out that “there are no ESG-only firms. The fact that we have an anti-ESG firm is ironic because we don’t have any ESG firms.”

For more news, information, and analysis, visit VettaFi | ETFDB.

» Popular Pages

  • Tickers
  • Articles

Jul 11

Main Management Market Note: July 11, 2025

Jul 11

Treasury Yields Snapshot: July 11, 2025

Jul 11

S&P 500 Snapshot: Index Retreats From Record High

Jul 11

Bitcoin's Real-World Utility: A Strategic Asset for U.S. Investors and Global Markets

Jul 11

Economic Crosscurrents in 2025: Inflation, Interest Rates, and Investment Strategy

Jul 11

June 2025’s Most Innovative ETF Launches

Jul 11

As Congress Mulls Muni Tax Repeal, Here's 8 ETFs to Ponder

Jul 11

Fidelity, T. Rowe Price, JPMAM Active International ETFs Outperform EFA

Jul 11

Market Update – July 11, 2025

Jul 11

Behind Buffer ETFs’ Latest First-of-a-Kind Strategies

QQQ

Invesco QQQ Trust Series I

IBIT

iShares Bitcoin Trust ETF

VOO

Vanguard S&P 500 ETF

SPXM

Azoria 500 Meritocracy ETF

SPY

SPDR S&P 500 ETF Trust

AIQ

Global X Artificial...

IVV

iShares Core S&P 500 ETF

SCHD

Schwab US Dividend Equity ETF...

FIAT

YieldMax Short COIN Option...

VTI

Vanguard Total Stock Market...


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2025 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X