by Fred Fuld III
A few days ago, I published an article titled Democrat Politician Investors Still Outperforming Republican Politician Investors, which discussed the investment returns of Democratic politicians versus Republicans.
The post also included a few other conservative and liberal ETFs.
One of my readers posted a message asking about the returns for Libertarian oriented stocks.
If you have ever watched the TV show Last Man Standing, the character that Tim Allen plays, Mike Baxter, says “drugs and guns. I’m definitely a libertarian.”
So are there any libertarian ETFs?
Up until recently, there was a B.A.D. ETF (BAD), but unfortunately the fund liquidated a couple months ago. The B.A.D. stood for betting, alcohol, and drugs, which covers some of the areas that libertarians believe in.
Last year, while it was operating, the BAD ETF was up only 4.3% versus the S&P 500 which was up over 22%.
It is somewhat similar to the AdvisorShares Vice ETF (VICE), but VICE doesn’t even include drugs, and about broke even last year.
An alternative play is the Global X MSCI Argentina ETF (ARGT) due to the fact that Argentina now has a libertarian president. This fund was up 46.8% for last year, far outpacing the S&P 500.
Finally, there is the Freedom 100 Emerging Markets ETF (FRDM) which seeks to invest in countries with higher personal and economic freedom scores. The ETF was up 15.7% last year.
Also, if you are just looking for drugs, you have a lot of ETF varieties to choose from (in no particular order):
AdvisorShares Psychedelics ETF (PSIL)
Roundhill Cannabis ETF (WEED)
Cambria Cannabis ETF (TOKE)
Amplify Growth Opportunities ETF (CNBS)
AXS Cannabis ETF (THCX)
AdvisorShares Pure Cannabis ETF (YOLO)
Global X Cannabis ETF (POTX)
AdvisorShares Pure US Cannabis ETF (MSOS)
ETFMG U.S. Alternative Harvest ETF (MJUS)
Advisorshares Msos 2x Daily ETF (MSOX)
Maybe some of these suggestions can free up some profits for your portfolio.
Disclosure: Author didn’t own any of the above at the time the article was written.