SPC vs. REM ETF Comparison

Comparison of CrossingBridge Pre-Merger SPAC ETF (SPC) to iShares Mortgage Real Estate Capped ETF (REM)

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

$21.68

Average Daily Volume

12,579

Number of Holdings ^*

* may have additional holdings in another (foreign) market

REM

iShares Mortgage Real Estate Capped ETF

REM Description

The investment seeks to track the investment results of an index composed of U.S. real estate investment trusts ("REITs") that hold U.S. residential and commercial mortgages. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of the residential and commercial mortgage real estate, mortgage finance and savings associations sectors of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.87

Average Daily Volume

426,342

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPC	REM
30 Days	0.37%	-1.74%
60 Days	0.95%	-5.62%
90 Days	1.13%	-0.59%
12 Months	4.55%	11.22%

0 Overlapping Holdings

	Symbol	Grade	Weight in SPC	Weight in REM	Overlap

SPC Overweight 8 Positions Relative to REM

Symbol	Grade	Weight
SLAM	C	4.42%
CFFS	A	4.01%
PHYT	B	3.72%
PLAO	A	3.67%
WEL	A	2.41%
TLGY	A	1.05%
BYNO	C	0.82%
RCFA	A	0.67%

SPC Underweight 33 Positions Relative to REM

Symbol	Grade	Weight
NLY	D	-15.54%
AGNC	C	-11.23%
STWD	C	-9.72%
RITM	D	-8.6%
ABR	C	-5.06%
BXMT	C	-4.71%
LADR	B	-3.13%
ARI	C	-3.09%
TWO	D	-2.86%
CIM	D	-2.81%
RC	D	-2.76%
PMT	D	-2.71%
MFA	D	-2.67%
FBRT	C	-2.51%
EFC	D	-2.42%
RWT	D	-2.22%
DX	B	-2.2%
ARR	D	-2.18%
BRSP	C	-1.9%
KREF	D	-1.59%
CMTG	D	-1.34%
ORC	C	-1.33%
NYMT	D	-1.28%
TRTX	B	-1.25%
IVR	D	-0.95%
ACRE	B	-0.9%
REFI	A	-0.64%
GPMT	B	-0.41%
AFCG	D	-0.39%
SEVN	C	-0.39%
NREF	A	-0.33%
AOMR	F	-0.26%
SUNS	B	-0.2%

SPC: Top Represented Industries & Keywords

Industries: Shell Companies Capital Markets

Keywords: Mergers And Acquisitions Private Equity Reverse Takeover Special Purpose Acquisition Company