SPAX vs. BETZ ETF Comparison

Comparison of Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) to Roundhill Sports Betting & iGaming ETF (BETZ)
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

$20.24

Average Daily Volume

3,638

Number of Holdings *

37

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

Roundhill Sports Betting & iGaming ETF

BETZ Description The investment seeks to track the total return performance, before fees and expenses, of the Roundhill Sports Betting & iGaming Index. Under normal circumstances, at least 80% of the fund's net assets (plus borrowings for investment purposes) will be invested in securities issued by Sports Betting and iGaming Companies. The index tracks the performance of the common stock (or corresponding American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs)) of exchange-listed companies that earn revenue from online gaming (iGaming).

Grade (RS Rating)

Last Trade

$17.39

Average Daily Volume

15,608

Number of Holdings *

15

* may have additional holdings in another (foreign) market
Performance
Period SPAX BETZ
30 Days -0.46% -2.04%
60 Days 0.58% -0.53%
90 Days 0.84% -2.69%
12 Months 1.79% 1.60%
0 Overlapping Holdings
Symbol Grade Weight in SPAX Weight in BETZ Overlap
SPAX Overweight 37 Positions Relative to BETZ
Symbol Grade Weight
PEGR F 3.2%
SHAP C 3.06%
BFAC B 3.02%
EVE A 2.93%
BACA C 2.83%
HAIA B 2.73%
WTMA B 2.73%
CNDA C 2.71%
EMLD C 2.66%
KCGI A 2.66%
CMCA D 2.33%
GHIX F 2.32%
HCVI C 2.21%
AOGO B 2.09%
GAQ A 1.96%
PRLH A 1.96%
ROCL B 1.9%
PPYA B 1.89%
IVCP D 1.84%
CDAQ B 1.76%
ONYX C 1.59%
BLEU D 1.53%
MITA B 1.43%
BRKH B 1.32%
IGTA A 1.28%
MSSA A 1.21%
BYNO B 1.2%
PWUP B 0.79%
NPAB B 0.75%
RMGC F 0.53%
IMAQ B 0.37%
BHAC C 0.37%
TRIS A 0.3%
FHLT B 0.08%
MCAG C 0.05%
SWSS B 0.02%
NSTD F 0.0%
SPAX Underweight 15 Positions Relative to BETZ
Symbol Grade Weight
FLUT C -10.92%
DKNG D -9.81%
CHDN B -6.05%
SRAD F -4.28%
MGM F -3.66%
LNW C -2.78%
CZR F -2.55%
RSI A -2.25%
SGHC C -2.23%
GENI F -2.18%
PENN F -2.17%
BALY C -1.26%
BYD F -1.25%
GAMB C -0.6%
EVRI F -0.23%
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