SPAX vs. PSCF ETF Comparison
Comparison of Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) to PowerShares S&P SmallCap Financials Portfolio (PSCF)
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
$19.95
Average Daily Volume
3,655
Number of Holdings
*
39
* may have additional holdings in another (foreign) market
PSCF
PowerShares S&P SmallCap Financials Portfolio
PSCF Description
The PowerShares S&P SmallCap Financials Portfolio (Fund) is based on the S&P SmallCap 600® Capped Financials Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US financial services companies. These companies are principally engaged in the business of providing services and products, including banking, investment services, insurance and real estate finance services. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$46.24
Average Daily Volume
1,127
Number of Holdings
*
157
* may have additional holdings in another (foreign) market
Performance
| Period | SPAX | PSCF |
|---|---|---|
| 30 Days | -1.56% | -2.84% |
| 60 Days | -0.95% | -1.26% |
| 90 Days | -0.68% | -1.18% |
| 12 Months | 0.07% | 19.18% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SPAX | Weight in PSCF | Overlap |
|---|
SPAX Overweight 39 Positions Relative to PSCF
| Symbol | Grade | Weight | |
|---|---|---|---|
| GAQ | A | 4.27% | |
| PEGR | D | 3.19% | |
| SHAP | C | 3.05% | |
| BFAC | A | 3.0% | |
| EVE | A | 2.91% | |
| BACA | B | 2.83% | |
| HAIA | A | 2.74% | |
| WTMA | A | 2.71% | |
| CNDA | B | 2.7% | |
| EMLD | B | 2.67% | |
| KCGI | A | 2.66% | |
| LGVC | F | 2.46% | |
| GHIX | D | 2.32% | |
| CMCA | D | 2.31% | |
| HCVI | B | 2.2% | |
| AOGO | A | 2.08% | |
| PRLH | C | 1.98% | |
| ROCL | B | 1.88% | |
| PPYA | A | 1.87% | |
| IVCP | D | 1.84% | |
| CDAQ | A | 1.75% | |
| XFIN | A | 1.72% | |
| ONYX | A | 1.57% | |
| BLEU | C | 1.53% | |
| MITA | B | 1.43% | |
| BRKH | A | 1.31% | |
| IGTA | A | 1.27% | |
| MSSA | A | 1.24% | |
| BYNO | A | 1.18% | |
| PWUP | A | 0.79% | |
| NPAB | A | 0.75% | |
| RMGC | F | 0.53% | |
| BHAC | A | 0.37% | |
| IMAQ | A | 0.37% | |
| TRIS | A | 0.3% | |
| FHLT | A | 0.08% | |
| MCAG | B | 0.05% | |
| SWSS | B | 0.02% | |
| NSTD | F | 0.0% |
SPAX Underweight 157 Positions Relative to PSCF
| Symbol | Grade | Weight | |
|---|---|---|---|
| COOP | A | -1.75% | |
| LNC | D | -1.67% | |
| JXN | A | -1.65% | |
| RDN | C | -1.59% | |
| AGO | D | -1.47% | |
| PECO | D | -1.41% | |
| EPRT | A | -1.4% | |
| MC | D | -1.24% | |
| AEL | A | -1.21% | |
| MAC | F | -1.18% | |
| APLE | D | -1.14% | |
| SLG | B | -1.14% | |
| BXMT | D | -1.13% | |
| CTRE | A | -1.07% | |
| WD | C | -1.07% | |
| UCBI | B | -1.06% | |
| ABCB | A | -1.05% | |
| BGC | A | -1.04% | |
| SKT | C | -1.04% | |
| SFBS | D | -1.04% | |
| AUB | D | -1.04% | |
| APAM | D | -1.02% | |
| FBP | A | -1.01% | |
| PIPR | A | -1.01% | |
| HASI | D | -0.98% | |
| FHB | A | -0.96% | |
| IIPR | A | -0.94% | |
| MPW | B | -0.94% | |
| GNW | C | -0.94% | |
| WSFS | A | -0.92% | |
| CATY | F | -0.92% | |
| AX | A | -0.91% | |
| HIW | A | -0.91% | |
| LXP | D | -0.88% | |
| FULT | A | -0.87% | |
| EVTC | D | -0.86% | |
| NMIH | A | -0.86% | |
| SITC | C | -0.86% | |
| ABR | B | -0.84% | |
| CBU | D | -0.82% | |
| BOH | D | -0.81% | |
| SFNC | D | -0.8% | |
| DEI | B | -0.77% | |
| INDB | B | -0.76% | |
| CVBF | D | -0.76% | |
| OUT | B | -0.76% | |
| PPBI | D | -0.74% | |
| PJT | D | -0.74% | |
| SHO | D | -0.74% | |
| FFBC | A | -0.73% | |
| FCPT | C | -0.73% | |
| BKU | A | -0.71% | |
| JOE | A | -0.7% | |
| PLMR | B | -0.69% | |
| UE | B | -0.68% | |
| SBCF | D | -0.68% | |
| BANC | D | -0.68% | |
| PRK | A | -0.67% | |
| WAFD | D | -0.66% | |
| DRH | D | -0.65% | |
| SNEX | A | -0.64% | |
| TBBK | F | -0.64% | |
| PEB | D | -0.63% | |
| ENVA | B | -0.62% | |
| AKR | A | -0.62% | |
| STC | A | -0.6% | |
| OFG | A | -0.59% | |
| RNST | D | -0.59% | |
| TRMK | A | -0.57% | |
| NBTB | A | -0.57% | |
| CWK | C | -0.56% | |
| DFIN | B | -0.55% | |
| BANR | D | -0.54% | |
| VRTS | D | -0.54% | |
| LKFN | C | -0.54% | |
| ROIC | D | -0.54% | |
| CHCO | A | -0.53% | |
| HMN | A | -0.52% | |
| XHR | D | -0.52% | |
| IBTX | F | -0.52% | |
| MCY | A | -0.51% | |
| GSHD | D | -0.5% | |
| PRG | B | -0.5% | |
| HTH | D | -0.49% | |
| NWBI | D | -0.49% | |
| ARI | D | -0.49% | |
| NATL | B | -0.49% | |
| RC | B | -0.48% | |
| CUBI | D | -0.48% | |
| FCF | A | -0.47% | |
| NAVI | F | -0.47% | |
| FBNC | D | -0.47% | |
| LTC | A | -0.46% | |
| FBK | B | -0.46% | |
| BANF | A | -0.46% | |
| GNL | D | -0.46% | |
| GTY | B | -0.46% | |
| CASH | B | -0.45% | |
| NBHC | D | -0.45% | |
| HOPE | D | -0.45% | |
| JBGS | D | -0.45% | |
| WABC | A | -0.44% | |
| UNIT | C | -0.44% | |
| SAFT | C | -0.42% | |
| ALEX | C | -0.41% | |
| STBA | B | -0.41% | |
| PMT | A | -0.41% | |
| EIG | C | -0.4% | |
| PFS | B | -0.4% | |
| DEA | B | -0.39% | |
| SPNT | C | -0.38% | |
| VBTX | B | -0.38% | |
| AAT | A | -0.36% | |
| KW | B | -0.35% | |
| SVC | F | -0.35% | |
| AMSF | F | -0.34% | |
| CSR | A | -0.34% | |
| ECPG | F | -0.34% | |
| PFBC | A | -0.33% | |
| EFC | B | -0.32% | |
| PRAA | C | -0.32% | |
| BHLB | A | -0.32% | |
| BRKL | F | -0.29% | |
| TRUP | D | -0.28% | |
| SBSI | D | -0.28% | |
| BDN | A | -0.27% | |
| EXPI | F | -0.27% | |
| HCI | A | -0.27% | |
| HPP | F | -0.26% | |
| NXRT | A | -0.26% | |
| RWT | C | -0.26% | |
| MMI | F | -0.26% | |
| BSIG | B | -0.26% | |
| AHH | B | -0.25% | |
| PRA | B | -0.24% | |
| EGBN | F | -0.23% | |
| AMBC | C | -0.23% | |
| DCOM | B | -0.23% | |
| INN | D | -0.23% | |
| CHCT | F | -0.22% | |
| HFWA | C | -0.22% | |
| CFFN | D | -0.22% | |
| KREF | D | -0.2% | |
| TMP | D | -0.2% | |
| EZPW | A | -0.2% | |
| WSR | C | -0.19% | |
| TRST | C | -0.18% | |
| CPF | A | -0.18% | |
| UFCS | A | -0.17% | |
| WRLD | A | -0.16% | |
| CLDT | F | -0.16% | |
| HAFC | B | -0.16% | |
| BFS | B | -0.16% | |
| UHT | D | -0.15% | |
| GDOT | B | -0.14% | |
| NFBK | D | -0.12% | |
| RILY | B | -0.12% |
SPAX: Top Represented Industries & Keywords
PSCF: Top Represented Industries & Keywords
Industries:
Banks - Regional - US
REIT - Diversified
REIT - Retail
Insurance - Property & Casualty
REIT - Hotel & Motel
Asset Management
Credit Services
REIT - Office
Savings & Cooperative Banks
Insurance - Specialty
REIT - Healthcare Facilities
Capital Markets
Real Estate Services
Insurance - Diversified
Specialty Finance
Insurance - Life
REIT - Industrial
REIT - Residential
Insurance - Reinsurance
Real Estate - General
Keywords:
Bank
Banking
Real Estate Investment Trust
Deposit Products
Real Estate Loans
Commercial Bank
Commercial Banking
Mortgage Loan
Insurance
Investment Management
Loan
Cash Management Services
Individual Retirement Account
Residential Real Estate Loans
Banking Services
Business Loans
Trust Services
Insurance Products
Investment Bank
Life Insurance
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