Bullstory
Jul 12, 2026

ETF listed in the U.S. is moving forward with a plan to exclude Elon Musk

In the United States, an exchange-traded fund (ETF) that excludes companies led by Elon Musk from its investment universe is seeking a listing. The exclusion criteria are said to reflect Musk’s political activity and corporate governance controversies.


ETF listing plan in the U.S. excluding Elon Musk

In the United States, an exchange-traded fund that excludes companies led by Elon Musk from its investment universe is moving ahead with a listing. The criteria for exclusion are said to include Musk’s political activity and corporate governance-related controversies.

The ETF is reported to have been designed to exclude certain companies from its portfolio on the grounds of a specific executive or corporate governance. The name of the asset manager, the planned listing date, and the benchmark index have not yet been disclosed.

Companies included in the exclusion list are expected to be specified in the product’s name and operating rules. If the listing becomes a reality, the ETF’s buying and selling flows could affect the share prices and trading of the related listed companies.

Meanwhile, this product is interpreted as a case targeting demand among individual and institutional investors to reflect management issues in their investment decisions. The asset manager’s official documents and the stock exchange’s listing review results are scheduled to be released in the future.

As of the article’s publication time, 2026year 7month 12day. The information disclosed so far is limited, so it is important to check the trust deed and exclusion list.

Sources: 매일경제 증권

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