Red Flags in Red States: Patriotic Investors Beware Fat Fees on Trump’s Truth Social ETFs

President Donald Trump’s Truth Social launched a suite of ETFs for “patriotic investors” All five Truth Social ETFs have an annual expense ratio of 0.65% or 65 basis points Truth Social American Red State REITs ETF (NYSE American: TSRS) targets operators in states where a Republican won at least two out of last three elections Major ETFs with similar REIT strategies such as Schwab charge as little as 7 basis points for a diversified mix of U.S. REIT investments By John Jannarone This week, Tru ...