SPAQ vs. UCIB ETF Comparison

Comparison of Horizon Kinetics SPAC Active ETF (SPAQ) to ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due April 5, 2038 (UCIB)
SPAQ

Horizon Kinetics SPAC Active ETF

SPAQ Description

As of March 16, 2022, Spartan Acquisition Corp. III was acquired by SPARTAN Acquisition CORP. III, in a reverse merger transaction. Spartan Acquisition Corp. III focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in New York, New York.

Grade (RS Rating)

Last Trade

$100.56

Average Daily Volume

290

Number of Holdings *

10

* may have additional holdings in another (foreign) market
UCIB

ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due April 5, 2038

UCIB Description The ETRACS UBS Bloomberg Constant Maturity Commodity Index Total Return ETN Series B are senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the UBS Bloomberg Constant Maturity Commodity Index Total Return. The index is designed to be a diversified benchmark for commodities as an asset class. It is comprised of futures contracts on 27 components, representing 24 commodities, with up to five different maturities for each individual commodity. The overall return on the index is generated by two components: uncollateralized returns on the futures contracts comprising the index and a daily fixed-income return.

Grade (RS Rating)

Last Trade

$25.58

Average Daily Volume

2,145

Number of Holdings *

2

* may have additional holdings in another (foreign) market
Performance
Period SPAQ UCIB
30 Days 0.59% -0.20%
60 Days 1.38% 0.75%
90 Days 1.26% 3.45%
12 Months 1.56% 2.46%
0 Overlapping Holdings
Symbol Grade Weight in SPAQ Weight in UCIB Overlap
SPAQ Overweight 10 Positions Relative to UCIB
Symbol Grade Weight
ALF C 4.96%
MBAV D 4.95%
OACCU F 4.93%
SBXD D 4.66%
VACH F 4.65%
GRAF D 4.65%
LEGT B 4.62%
IBAC C 4.6%
HYAC C 4.55%
BOWN A 4.54%
SPAQ Underweight 2 Positions Relative to UCIB
Symbol Grade Weight
ERII D -37.14%
ANSC B -28.23%

SPAQ: Top Represented Industries & Keywords

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