SPCX vs. SPAQ ETF Comparison
Comparison of SPAC and New Issue ETF (SPCX) to Horizon Kinetics SPAC Active ETF (SPAQ)
SPCX
SPAC and New Issue ETF
SPCX Description
The investment seeks to provide total return. In pursuing the fund's investment objective, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in units and shares of Special Purpose Acquisitions Corporations (SPACs) that have a minimum capitalization of $100 million and companies that completed an initial public offering (IPO) within the last two years. It may also invest in depositary receipts for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities.
Grade (RS Rating)
Last Trade
$23.30
Average Daily Volume
2,170
21
SPAQ
Horizon Kinetics SPAC Active ETF
SPAQ Description
As of March 16, 2022, Spartan Acquisition Corp. III was acquired by SPARTAN Acquisition CORP. III, in a reverse merger transaction. Spartan Acquisition Corp. III focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was founded in 2020 and is based in New York, New York.Grade (RS Rating)
Last Trade
$98.38
Average Daily Volume
379
10
Performance
| Period | SPCX | SPAQ |
|---|---|---|
| 30 Days | 0.32% | 0.45% |
| 60 Days | 0.56% | 1.04% |
| 90 Days | 0.27% | 1.04% |
| 12 Months | -1.19% | 2.39% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SPCX | Weight in SPAQ | Overlap |
|---|
SPCX Overweight 21 Positions Relative to SPAQ
SPCX: Top Represented Industries & Keywords
SPAQ: Top Represented Industries & Keywords
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