SPAX vs. SPCZ ETF Comparison
Comparison of Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) to RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ)
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
3,120
18
SPCZ
RiverNorth Enhanced Pre-Merger SPAC ETF
SPCZ Description
RiverNorth Enhanced Pre-Merger SPAC ETF is an exchange traded fund launched by Listed Funds Trust. The fund is co-managed by TrueMark Investments, LLC, RiverNorth Capital Management, LLC. It invests in public equity markets of the United States. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as warrants to create its portfolio. It invests in event-driven/arbitrage stocks of companies across diversified market capitalization. The fund employs fundamental and quantitative analysis to create its portfolio. RiverNorth Enhanced Pre-Merger SPAC ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$26.78
Average Daily Volume
240
1
Performance
Period | SPAX | SPCZ |
---|---|---|
30 Days | -0.49% | -0.29% |
60 Days | 0.30% | 1.17% |
90 Days | 0.78% | 1.15% |
12 Months | 2.02% | -0.58% |
0 Overlapping Holdings
Symbol | Grade | Weight in SPAX | Weight in SPCZ | Overlap |
---|
SPAX Underweight 1 Positions Relative to SPCZ
Symbol | Grade | Weight | |
---|---|---|---|
NBST | F | -3.67% |
SPAX: Top Represented Industries & Keywords
SPCZ: Top Represented Industries & Keywords