God Bless America ETF Debuts With Small Decline

YALL is the latest fund promoting conservative values.

RonDay
|
Managing Editor
|
Reviewed by: Ron Day
,
Edited by: Ron Day

The God Bless America exchange-traded fund debuted Tuesday with a small drop, the latest in a string of investments seeking to attract conservative investors. 

With the ticker YALL, the fund fell about 11 cents, or 0.5%, to close at $19.93 with just over 500,000 shares trading. The S&P 500 was down 0.7%.

Unveiled this summer by Toroso Investments and subadvised by Curran Financial products, YALL is seeking to appeal to the political right, saying in its prospectus it “eliminates companies that, in the Sub-Adviser’s assessment, have emphasized politically left and/or liberal political activism and social agendas at the expense of maximizing shareholder returns.”  

YALL is tapping into “anti-woke” sentiments that have sparked the creation of funds with tickers like MAGA (Point Bridge America First ETF) and DRLL (Strive U.S. Energy ETF). These investments arose in reaction to companies and funds implementing environmental, social and governance requirements, factors that some say get in the way of good investing choices.  

The fund will invest in 30-40 stocks at any time, focusing on those with low price-to-earnings ratios and a record of job growth. YALL’S advisors will be selective, and engage in “evaluating a company’s political activity,” which mirrors the behavior of firms that demand ESG compliance.  

 

Contact Ron Day at [email protected] 

Ron Day is Managing Editor at etf.com. He joined the company in October 2022 and previously served as editor and deputy managing editor.

Ron covered business and financial news at Bloomberg News for 20 years, working on the breaking news, technology, commodities, headlines and First Word teams. He was previously senior editor at ESG news outlet Karma Impact and filled the same role at Boundless Impact. He also covered a variety of beats at New Jersey daily papers including the Daily Record in Parsippany, the North Jersey Herald & News and the Asbury Park Press. Ron's freelance work has been published in AARP.com, Investopedia.com and BigThink.com.

Ron is an advocate and fan of literacy. He hopes to one day master his Telecaster, rather than the other way around. His wonderful family includes a 10-lb. malti-poo named Emmy.