The Trump Trade Index compiled by Ned Davis Research - which includes a dozen exchange-traded funds (ETFs) expected to benefit from the White House's policies on home construction, defense spending and manufacturing reshoring - has plunged
The Trump Trade Index compiled by Ned Davis Research - which includes a dozen exchange-traded funds (ETFs) expected to benefit from the White House's policies on home construction, defense spending and manufacturing reshoring - has plunged about 16% since May after pummeling the S&P 500 at the start of the year. Many ETFs in this indicator have turned into losses during the year.