Market volume and liquidity will be on watch today and tomorrow as Election Day has arrived.

According to Goldman Sachs, the past four election cycles have shown a build up in trade volume, then a pullback during election day and then back to a further flood of volume as markets decipher the latest political changes.

“Interestingly, volumes dip the day before the election and on election day as investors await the election outcome. The day after the election sees a significant increase in volumes (+21% vs. FY ADV) and heightened market activity continues for the next few days and weeks,” Goldman Sachs stated.

As election day kicks off the blue-chip Dow (DJI) hovers near 41,875, the benchmark S&P 500 (SP500) trades near 5,738, and the tech-heavy Nasdaq Composite (COMP:IND) sits near 18,298. Moreover, the S&P VIX Index (VIX) holds near 21.05.

With volume and volatility in the markets likely to observe noticeable moves if history follows its previous trends, investors can track these market tracking exchange-traded funds along with some volatility-specific funds:

Market Tracking Funds: (DIA), (DDM), (UDOW), (DOG), (DXD), (SDOW), (SPY), (VOO), (IVV), (RSP), (SSO), (UPRO), (SH), (SDS), (SPXU), (QQQ), (QQQM), (QLD), (TQQQ), (QID), and (SQQQ).

Volatility Focused Funds: (VXX), (VIXY), (VXZ), (VIXM), (UVXY), (SVXY), and (UVIX).

At the same time, for investors looking to track the elections through market instruments, here are some politically driven Republican and Democratic exchange-traded funds to monitor:

• God Bless America ETF (YALL)
• American Conservative Values ETF (ACVF)
• Point Bridge America First ETF (MAGA)
• Democratic Large Cap Core ETF (DEMZ)
• Unusual Whales Subversive Democratic ETF (NANC)
• Unusual Whales Subversive Republican ETF (KRUZ)

Dear readers: We recognize that politics often intersects with the financial news of the day, so we invite you to click here to join the separate political discussion.