MGMT vs. SPAX ETF Comparison
Comparison of Ballast Small/Mid Cap ETF (MGMT) to Robinson Alternative Yield Pre-merger SPAC ETF (SPAX)
MGMT
Ballast Small/Mid Cap ETF
MGMT Description
The investment seeks to generate positive risk adjusted returns. Under normal circumstances, the fund invests at least 80% of the value of its net assets (plus borrowings for investment purposes) in equity securities (principally common stocks) of domestic companies with small to medium market capitalizations. It may also invest all or substantially all of its assets in cash and cash equivalents, including money market funds and other short-term fixed income investments, in seeking to protect principal, or when, in the Adviser's opinion, there are not sufficient companies appropriate for investment.
Grade (RS Rating)
Last Trade
$43.78
Average Daily Volume
12,246
44
SPAX
Robinson Alternative Yield Pre-merger SPAC ETF
SPAX Description
The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an actively managed exchange-trade fund (ETF) that invests in Special Purpose Acquisition Companies (SPACs), also known as blank check companies. SPAX seeks to provide total return while minimizing downside risk. SPAX invests primarily in equity securities, specifically units and shares of common stock and warrants of U.S.-listed SPACs. SPAX expects to invest the majority of its assets in SPACs which are small capitalization companies. The Fund intends to exit any SPAC units, common shares and warrants prior to the completion of a business combination, seeking to minimize downside risk.Grade (RS Rating)
Last Trade
$20.27
Average Daily Volume
3,060
16
Performance
| Period | MGMT | SPAX |
|---|---|---|
| 30 Days | 15.23% | 0.41% |
| 60 Days | 14.37% | 0.45% |
| 90 Days | 16.31% | 1.14% |
| 12 Months | 27.93% | 1.77% |
0 Overlapping Holdings
| Symbol | Grade | Weight in MGMT | Weight in SPAX | Overlap |
|---|
MGMT Overweight 44 Positions Relative to SPAX
| Symbol | Grade | Weight | |
|---|---|---|---|
| NRP | B | 5.16% | |
| CVCO | A | 3.53% | |
| AGM | C | 3.51% | |
| PHIN | A | 3.42% | |
| IGIC | B | 3.26% | |
| TPB | B | 2.93% | |
| CEIX | A | 2.92% | |
| EXP | A | 2.89% | |
| AZZ | B | 2.75% | |
| MTG | C | 2.68% | |
| CBNK | B | 2.61% | |
| BELFB | C | 2.46% | |
| GEO | B | 2.34% | |
| CASS | B | 2.3% | |
| IMXI | B | 2.09% | |
| LSTR | D | 2.03% | |
| PATK | D | 2.01% | |
| TDC | D | 1.99% | |
| LII | A | 1.94% | |
| BLCO | D | 1.93% | |
| ECVT | C | 1.83% | |
| G | B | 1.55% | |
| EPR | D | 1.52% | |
| BCO | D | 1.5% | |
| BWA | D | 1.44% | |
| RCMT | C | 1.38% | |
| CMPO | A | 1.37% | |
| GSM | D | 1.34% | |
| KOS | F | 1.29% | |
| KN | B | 1.26% | |
| TRIP | F | 1.12% | |
| EPSN | B | 1.11% | |
| IPGP | D | 1.1% | |
| BIOX | F | 1.05% | |
| IMKTA | C | 1.01% | |
| IRMD | C | 0.98% | |
| EXTR | B | 0.97% | |
| GPRE | F | 0.94% | |
| CRMT | C | 0.94% | |
| NTIC | C | 0.92% | |
| TKR | D | 0.87% | |
| DOX | D | 0.87% | |
| UFPT | B | 0.85% | |
| RMNI | C | 0.35% |
MGMT: Top Represented Industries & Keywords
SPAX: Top Represented Industries & Keywords
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