A Message From Brownstone Research

Jeff Brown is the former tech executive who called the rise of Bitcoin, Tesla, and Nvidia years in advance. He's now predicting Elon Musk is about to open a new wealth window. Click here to see the details or read more below because the last three times this window opened, those who acted had a chance to walk away with generational wealth.

Dear Reader,

Have you seen this Elon Musk new project?

He called it "the most epic AI project in history…"

Because it could help him secure 50 times MORE computing power than the entire rest of the world.

This is all part of Elon Musk's $320 trillion masterplan…

A blueprint to completely dominate the entire AI industry.

And I'm pretty sure this is keeping executives at Amazon, Microsoft, and Google up at night.

But what does this mean for you?

Well, Elon is predicting this could be 180 times bigger than the SpaceX IPO.

That IPO minted 4,400 millionaires overnight.

If this is 180 times bigger…

Just imagine how many more Americans will become millionaires.

Will you be one of them?

Or will you just watch others get rich from the sidelines?

Click here to see the details and decide for yourself.

We have so much to look forward to,

Jeff Brown
Founder & CEO, Brownstone Research

These 3 New ETFs Are Turning Heads—Are They Worth Buying?

By Nathan Reiff. Date Posted: 10/28/2026.

While it's easy to be swayed by the flashiness of a new exchange-traded fund (ETF), it's important to remember that a newly launched fund isn't necessarily a better investment simply because it's new. Still, a new fund may offer exposure to a unique strategy, emerging industries, or growing companies—and the opportunity to benefit as the fund expands.

On the other hand, a lack of a proven track record, low liquidity, elevated bid-ask spreads, and the possibility that a fund could close are all risks for investors.

The funds below are relatively new, having launched within the past year. Each has established a performance record in its first few months of trading that suggests strong momentum. Of course, investors should continue to consider spreads, liquidity, expense ratios, asset bases, and other factors that could make these ETFs more or less appealing. Still, they stand out among a crowded field of recently launched ETFs, at least in terms of performance.

A Specialized Oil Fund Navigating a Crowded Field

Returning about 56% since its launch and close to 53% year to date (YTD), the Portfolio Building Block Integrated Oil and Gas and Exploration and Production Index ETF (NASDAQ: PBOG) has distinguished itself in a short period of time.

The fund focuses on the global energy sector, targeting companies in developed markets involved in crude oil and natural gas exploration, extraction, and development. Energy ETFs more broadly have benefited from the Iran conflict and elevated crude prices this year, creating an opportune environment for PBOG's launch.

PBOG's global focus helps it stand out from energy funds that concentrate specifically on North American companies. At the same time, it has a targeted strategy focused exclusively on the upstream portion of the industry.

There is no shortage of oil and gas ETFs, and despite quickly growing to about half a billion dollars in assets under management, PBOG is neither the largest nor the cheapest option for building exposure. Still, the fund's expense ratio of 0.13% is highly competitive, and its niche focus may appeal to investors with specific geographic or industry-related goals.

Strong Returns for GARY, But at What Cost?

Toward the opposite end of the expense-ratio spectrum is the Mango Growth ETF (NASDAQ: GARY), an actively managed fund with an annual expense ratio of 0.77%. The fund has returned 34% since launching in the final days of 2025, although it is down about 3% over the past month.

Like many actively managed growth funds, GARY is essentially a bet on its managers' stock selections. Its portfolio of about three dozen companies spans multiple industries and focuses on firms showing momentum in revenue, earnings, and cash flow.

The portfolio selection process includes a quantitative component that evaluates large-cap companies across multiple factors, then ranks them to determine eligibility and position sizing.

The resulting basket of stocks leans toward tech companies but also includes health care, financials, and other sectors. No position represents more than about 5% of the total portfolio. Still, because many of these companies are popular investments, GARY holders should monitor overlapping positions for concentration risk.

As is often the case with actively managed funds, investors must assess whether the benefits of manager-selected stocks outweigh the higher costs. GARY's returns have far outpaced the broader market since launch, though they don't necessarily make it one of the best-performing funds of the past year. Still, its early success may signal the strength of its methodology.

EPAI Is an Emerging Choice in the AI Space, But Risks Remain

The Harbor AI Inflection Strategy ETF (NYSEARCA: EPAI) is an example of a fund responding to developing market themes. The ETF takes a fairly broad approach, seeking companies that could benefit from AI developments but remain overlooked and, therefore, may be more reasonably valued.

EPAI has the smallest asset base of these three funds, despite launching around the same time as GARY. The fund has only about $5 million in assets under management and very low trading volume. Its momentum is also more modest: EPAI has returned about 25% since launch, which is still impressive but less than the returns of either fund discussed above.

EPAI also has a high expense ratio of 0.88%, which is common for an actively managed fund. Given how quickly the AI landscape is changing, investors may be willing to pay a bit more for the flexibility this approach offers.

Still, many of the fund's 38 holdings can also be found in other similarly focused ETFs with longer track records and lower costs.