YouTube Finfluencer launches The Meet Kevin Pricing Power ETF ($PP)

Cathie Wood is a money manager turned influencer.

Now, we have influencers turning into money managers.

Kevin Paffrath (a.k.a. Meet Kevin) is a real estate guru turned YouTuber that covers general investment advice for his 1.84M subscribers.

This week, he launched his own ETF — The Meet Kevin Pricing Power ETF ($PP).

• The ETF invests in “Innovative Companies” or those with “pricing power.”
• 0.77% expense ratio — even more expensive than Cathie Wood’s $ARKK fee (0.75%).

The fund’s top five holdings: Tesla (22.4%), Apple (13.8%), US 2 Year Treasury Note ETF (8%), Taiwan Semiconductors (7%) and Invesco DB US Dollar Index Bearish Fund (5%).

But active investing is a tough game.

The majority of professional fund managers with teams of analysts tend to underperform the S&P 500. In 2021, 85% of active large-cap domestic equity funds did worse than the S&P 500.

Looking for an ETF suggestion? Check out the VanEck Morningstar Wide Moat ETF (BATS:MOAT).

• This ETF tracks the Morningstar Wide Moat Focus Index — a list of stocks deemed to have strong competitive advantages.
• The Index had a 13.8% annual return over the past 10 years — outperforming the S&P 500.

The Average Joe: “We’re launching two ETFs too. One will track the S&P 500, and the other will track the Nasdaq. And we’ll charge you 8x more in fees than buying the $SPY. Will you bite?”