Subversive ETFsJO Hambro Plans Active ETF Expansion Across U.S. and Europe
London-based investment boutique JO Hambro Capital Management plans to enter the active ETF market, initially launching products in the United States before…
Subversive has filed for the Nasdaq-100 Ex-Elon Enterprises ETF (QQNE) and the S&P 500 Ex-Elon Enterprises ETF (SPNE), two actively managed ETFs designed to provide broad large-cap U.S. equity exposure while excluding companies founded, controlled, led by, or closely associated with Elon Musk. QQNE will track a Nasdaq-100-based portfolio excluding Tesla and SpaceX where applicable, while SPNE will follow the S&P 500 excluding Tesla and any future Musk-associated additions. Both funds may use stocks, ETFs, options, and swaps for exposure and will periodically rebalance while maintaining their exclusion policy.
At a glance
- Beat
- Filings
- Issuer
- Subversive ETFs
- Region
- United States
- Filed
- 8 July 2026
Source: SEC Filings
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