MAGA Supportive Companies Underperform Those Leaning Democrat

Stock market analysis reveals MAGA is a financial loser. Sad!

David Leibowitz
7 min readNov 30, 2020

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Performance of DEMZ, MAGA, S&P 500 from 2017 through October 30, 2020 (Source data from Reflection Asset Management hypothetical returns of DEMZ holdings prior to fund inception date, Point Bridge actual returns of MAGA, and S&P 500 actual returns)

Some people balance their stock portfolio with purpose by investing in companies that align with their beliefs, so-called “social investing.” But if you want to politically invest and vote Democratic or Republican with your portfolio, you should pause before you cast that ballot.

Stock market analysis reveals that investing in companies financially supportive of MAGA, Republican candidates, and their political action committees (PACs) is a financial loser. In comparison, companies that support Democratic candidates have handily trounced MAGA returns over the same period.

Does investing in MAGA make financial sense? This year, you would have lost money. Over three years, you wouldn’t have done much better.

Even if you don’t buy company stock, you may be financially contributing to partisan candidates and agendas whether you know it (or like it) or not. That’s because the average consumer funds politicians and PACs about 3 times more through their purchasing choices than through direct political contribution, according to Goods Unite Us, a provider of corporate political…

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David Leibowitz
Dialogue & Discourse

Appeared in: Xbox Mag, Forbes, CNN, OneZero & industry rags. @tech, industry, running. On TikTok (AI): @dsleib X (other stuff): @dleib