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
37
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
15
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: Top Represented Industries & Keywords
BETZ: Top Represented Industries & Keywords