SPAX vs. TPMN ETF Comparison
Comparison of Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) to The Timothy Plan Timothy Plan Market Neutral ETF (TPMN)
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
$20.23
Average Daily Volume
3,655
39
TPMN
The Timothy Plan Timothy Plan Market Neutral ETF
TPMN Description
The adviser pursues the fund's investment objective by implementing a proprietary, "market neutral" investment strategy designed to seek income from the fund's investments while maintaining a low correlation to the foreign and domestic equity and bond markets. The adviser uses a multi-strategy approach. The fund will be actively managed, meaning that the sub-advisor may make changes to the fund's portfolio at any time.Grade (RS Rating)
Last Trade
$23.79
Average Daily Volume
8,601
1
Performance
| Period | SPAX | TPMN |
|---|---|---|
| 30 Days | 1.00% | 1.78% |
| 60 Days | 0.42% | 2.05% |
| 90 Days | 0.64% | 0.21% |
| 12 Months | 1.55% | 3.28% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SPAX | Weight in TPMN | Overlap |
|---|
SPAX Overweight 39 Positions Relative to TPMN
| Symbol | Grade | Weight | |
|---|---|---|---|
| GAQ | A | 4.27% | |
| PEGR | F | 3.19% | |
| SHAP | C | 3.05% | |
| BFAC | A | 3.0% | |
| EVE | A | 2.91% | |
| BACA | B | 2.83% | |
| HAIA | B | 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 | B | 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 | B | 0.75% | |
| RMGC | F | 0.53% | |
| BHAC | A | 0.37% | |
| IMAQ | A | 0.37% | |
| TRIS | A | 0.3% | |
| FHLT | B | 0.08% | |
| MCAG | B | 0.05% | |
| SWSS | B | 0.02% | |
| NSTD | F | 0.0% |
SPAX Underweight 1 Positions Relative to TPMN
| Symbol | Grade | Weight | |
|---|---|---|---|
| STLA | D | -27.3% |
SPAX: Top Represented Industries & Keywords
TPMN: Top Represented Industries & Keywords
Compare ETFs
