The ‘Trump Trade’ Stock Strategy Has Lost Value Since May Despite Early Gains

1. Ned Davis Research’s Trump Trade Index fell about 16% since May after early 2026 gains Newsworthy Reliable Very negative
2. The Trump Trade Index tracks a dozen ETFs linked to Trump’s policies on homebuilding, defense, manufacturing Newsworthy Reliable Neutral
3. Several ETFs in the Trump Trade Index are now trading lower for the year 2026 Relevant Reliable Negative
4. The Trump Trade initially outperformed the S&P 500 Index at the start of 2026 Relevant Reliable Neutral
5. Both amateur and professional traders adopted the Trump Trade strategy anticipating benefits from Trump’s economic policies Relevant Reliable Neutral
6. The Trump Trade strategy focuses on sectors favored by White House economic actions like re-shoring manufacturing Relevant Reliable Neutral

Type: standard news · Analysis confidence: 95%

Used in syntheses

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