SPCX vs. SPAK ETF Comparison

Comparison of The SPAC and New Issue ETF (SPCX) to Defiance Next Gen SPAC Derived ETF (SPAK)
SPCX

The SPAC and New Issue ETF

SPCX Description

The dynamic and evolving nature of the burgeoning SPAC market demands an equally dynamic and agile approach to managing a broad portfolio of SPACs. This is no place for an index fund. Such a strategy has traditionally been offered only to institutional-level investors. Until now. Introducing The SPAC and New Issue ETF, the first actively-managed SPAC exchange traded fund.

Grade (RS Rating)

Last Trade

$28.78

Average Daily Volume

295,932

Number of Holdings *

10

* may have additional holdings in another (foreign) market
SPAK

Defiance Next Gen SPAC Derived ETF

SPAK Description Picking the winners of individual SPACs can be very difficult, however the ETF structure allows investors to access the most liquid SPAC IPOs in a diversified basket. SPAK allows both financial advisors and retail investors to participate in an IPO private equity style of investing which is usually only available to large financial institutions. The ETF currently has 29 holdings, rebalanced on a quarterly basis. An 80% weighting is applied to IPO companies derived from SPACs and 20% is allocated to common stock of newly listed Special Purpose Acquisition Companies ("SPACs"), ex-warrants. Newly IPO companies derived from SPACs will be screened monthly and SPACs quarterly.

Grade (RS Rating)

Last Trade

$26.12

Average Daily Volume

179,868

Number of Holdings *

76

* may have additional holdings in another (foreign) market
Performance
SPCX SPAK
30 Days -2.80% -13.25%
60 Days -10.26% -24.23%
90 Days 2.24% -14.22%
12 Months
10 Overlapping Holdings
Grade Symbol Weight in SPCX Weight in SPAK Overlap
D CCAC 2.19% 0.19% 0.19%
D CPSR 0.56% 0.14% 0.14%
F DEH 1.16% 0.24% 0.24%
F ETAC 2.39% 0.42% 0.42%
D GOAC 1.4% 0.4% 0.4%
F HEC 1.6% 0.29% 0.29%
D KSMT 1.97% 0.2% 0.2%
F PRPB 4.34% 0.56% 0.56%
D SSPK 0.13% 0.31% 0.13%
F TREB 1.97% 0.37% 0.37%
SPCX Overweight 0 Positions Relative to SPAK
Grade Symbol Weight
SPCX Underweight 66 Positions Relative to SPAK
Grade Symbol Weight
D DKNG -10.47%
F PSTH -4.42%
F CCIV -3.53%
D CLVT -3.52%
A VRT -2.58%
D SPCE -2.16%
D LPRO -1.82%
F VVNT -1.28%
C AHCO -0.85%
F RPAY -0.8%
F WPF -0.73%
F FTOC -0.7%
A BRMK -0.66%
F JWS -0.66%
C PACK -0.59%
F GSAH -0.57%
F AACQ -0.51%
F DGNR -0.49%
F CCX -0.46%
B DMYD -0.43%
F SNPR.U -0.42%
F RBAC -0.4%
B NFH -0.39%
F PSAC -0.35%
F SFTW -0.35%
B JIH -0.32%
F THCB -0.32%
B ACEL -0.3%
F IMVT -0.29%
F PAE -0.29%
F APXT -0.28%
F TTCF -0.26%
F THBR -0.26%
F FAII -0.24%
F ERES -0.24%
F GIK -0.24%
B FREE -0.23%
D FSRV -0.22%
B OSW -0.21%
F ACND -0.21%
F SFT -0.21%
D IMTX -0.21%
F CHPM -0.21%
F SOAC -0.21%
F GXGX -0.2%
F FIII -0.18%
D YAC -0.18%
F CRSA -0.18%
F EXPC -0.15%
F ALUS -0.15%
F SRAC -0.14%
F HFFG -0.14%
C DFHT -0.13%
F HYMC -0.12%
F ACEV -0.12%
F SCVX -0.12%
D SAII -0.12%
C GDYN -0.11%
D LATN -0.11%
D HPX -0.11%
F ARYA -0.11%
D ASAQ -0.1%
D BWMX -0.1%
B BBCP -0.1%
C FLMN -0.09%
F KXIN -0.08%
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