Conservative Values ETF Adds Tesla and Paramount Skydance Back into Portfolio

(December 15, 2025) Gaithersburg, MD – The American Conservative Values ETF (NYSE: ACVF), a leading conservative-principles investment fund with over $135MM in AUM, announced a portfolio rebalance on December 5, 2025, following its regular risk management and review process.

ACVF has ended its boycotts of Tesla (TSLA) and Paramount Skydance (PSKY) by repurchasing shares and adding both companies back into the portfolio. Earlier this year, ACVF boycotted TSLA due to Elon Musk’s increasing political activity which the fund’s management team believed was harming the stock and its investors. This position was detailed in the thought leadership op-ed titled When Politics Drives the Car Off the Road: Tesla’s Crashes with a Conservative Investor.

“We are pleased that this concern rapidly corrected itself,” said ACVF co-founder William Flaig. “Mr. Musk stepped back from politics and TSLA rebounded. While it proved our point about the risk to shareholders of politically driven behavior, it was a pyrrhic victory because we missed the stocks rebound.”

ACVF also removed its boycott of Paramount after significant ownership and leadership changes, particularly at CBS News. “As we noted in our Daily Caller op-ed, we are willing to give the company the benefit of the doubt and reinvest,” said ACVF co-founder Tom Carter. “Although many companies appear to be shifting away from leftist ideology, true change requires new leadership at the highest levels. Paramount has taken those steps.”

ACVF’s methodology excludes companies it views as engaging in ideological activism including Big Tech censorship, DEI-driven priorities, media propaganda, CEO political crusades, and actions undermining religious liberty, Second Amendment rights, or the sanctity of life. 

“Conservative investors increasingly ask why they should fund companies working against their values, ACVF offers a real alternative with professional management aligned with their principles.” said ACVF co-founder William Flaig 

For press inquiries, contact: [email protected]

The fund’s holdings are subject to change. For current holdings, please visit https://acvetfs.com/fund/etf-fund/#holdings

Note:

(1) The S&P 500® is a broad-based unmanaged index, which is widely recognized as representative of the equity market in general.

SOURCE: American Conservative Values ETF

Important Information

Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund’s prospectus and summary prospectus, which may be obtained by visiting ACVETFS.com. Read the prospectus and summary prospectus carefully before investing.

An investment in the Fund is subject to risks, including the possible loss of the principal amount invested. Overall stock market risks may affect the value of individual securities in which the Fund invests. The Fund is actively managed, and the adviser’s investment decisions impact the Fund’s performance. This Fund may not be suitable for all investors.

The equity securities in which the Fund invests will generally be those of companies with large market capitalizations. Exchange-Traded Funds (ETFs) trade like stocks, are subject to investment risk, and will fluctuate in market value. Transactions in shares of ETFs will result in brokerage commissions, which will reduce returns. Unlike typical exchange-traded funds, there are no indexes that the Fund attempts to track or replicate. Thus, the ability of the Fund to achieve its objectives will depend on the effectiveness of the portfolio manager. There is no assurance that the investment process will consistently lead to successful investing. The Fund is new and has a limited operating history.

The ACVF Fund is distributed by Foreside Fund Services, LLC. Foreside is not affiliated with Ridgeline Research, LLC, the Fund’s Investment Adviser.

The Fund is structured as an ETF and as a result, is subject to special risks. Shares are bought and sold at market price (closing price) not net asset value (NAV) and are not individually redeemed from the Fund. Market price returns are based on the midpoint of the bid/ask spread at 4:00 p.m. Eastern Time (when NAV is normally determined) and do not represent the return you would receive if you traded at other times.