Here's your summary from Patriotic ETF: Big on Charity Aim, Short on Performance (https://www.youtube.com/watch?v=iWItLqEhoLk) on the Bloomberg Television channel:
**TLDR:** The River North Patriot ETF invests in U.S. companies and donates profits to charity, but struggles with performance due to lack of big tech names.
1. River North Patriot ETF invests in mid to large cap U.S. companies and donates profits to charity.
2. The fund outperformed the S&P 500 at launch in 2022 but has struggled to gain momentum in the past year.
3. The ETF has a high expense ratio of 70 basis points and receives a yellow light rating for being actively managed with low trading volume.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro