SPAX vs. SPC ETF Comparison
Comparison of Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) to CrossingBridge Pre-Merger SPAC ETF (SPC)
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
$20.33
Average Daily Volume
3,832
40
SPC
CrossingBridge Pre-Merger SPAC ETF
SPC Description
SPC will purchase SPACs at or below collateral value with the intent of disposing of the shares prior to, or at the time of, a business combination. Consequently, CrossingBridge believes that a portfolio of pre-merger SPACs will provide investors with higher yields than other fixed-income products while significantly limiting downside risk.Grade (RS Rating)
Last Trade
$21.49
Average Daily Volume
14,517
5
Performance
| Period | SPAX | SPC |
|---|---|---|
| 30 Days | 0.57% | 0.56% |
| 60 Days | 1.41% | 0.68% |
| 90 Days | 1.13% | 1.11% |
| 12 Months | 2.50% | 5.42% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SPAX | Weight in SPC | Overlap |
|---|
SPAX Overweight 40 Positions Relative to SPC
| Symbol | Grade | Weight | |
|---|---|---|---|
| PEGR | F | 2.99% | |
| SHAP | C | 2.85% | |
| BFAC | A | 2.81% | |
| EVE | B | 2.72% | |
| BACA | A | 2.61% | |
| KCGI | A | 2.61% | |
| HAIA | A | 2.55% | |
| WTMA | B | 2.54% | |
| CNDA | B | 2.53% | |
| EMLD | B | 2.46% | |
| LGVC | F | 2.3% | |
| AEAE | B | 2.25% | |
| GHIX | C | 2.18% | |
| GAQ | A | 2.17% | |
| PPYA | A | 2.16% | |
| HCVI | B | 2.05% | |
| MITA | B | 2.0% | |
| ROCL | B | 1.81% | |
| BRKH | A | 1.69% | |
| IGTA | A | 1.66% | |
| CDAQ | A | 1.64% | |
| XFIN | A | 1.61% | |
| AOGO | B | 1.58% | |
| BYNO | A | 1.57% | |
| MSSA | A | 1.48% | |
| CMCA | D | 1.45% | |
| BLEU | D | 1.43% | |
| ONYX | B | 1.28% | |
| PWUP | A | 0.74% | |
| NPAB | A | 0.69% | |
| PRLH | A | 0.53% | |
| RMGC | F | 0.5% | |
| TRIS | A | 0.35% | |
| IMAQ | A | 0.34% | |
| BHAC | A | 0.34% | |
| GDST | A | 0.32% | |
| IVCP | D | 0.31% | |
| FHLT | A | 0.17% | |
| NSTD | F | 0.03% | |
| SWSS | B | 0.03% |
SPAX: Top Represented Industries & Keywords
SPC: Top Represented Industries & Keywords
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