Two newly launched ETFs deliberately omit any exposure to Elon Musk

Two newly created exchange‑traded funds have rules that explicitly exclude Elon Musk. The funds give investors a way to avoid exposure to his companies or ventures. They are part of a broader fintech movement toward thematic investment products. The exclusion criteria are built into the ETFs’ prospectuses from launch. Investors seeking to sidestep Musk‑related risk can consider these options. The funds aim to attract capital from those wary of Musk’s business activities. Market analysts see the move as a response to heightened scrutiny of his enterprises. Future performance will depend on how the funds manage their non‑Musk holdings.