List of SPAC ETFs

There are currently 7 ETFs that focus on SPACs

What is a SPAC?    |    SPAC research tools

SymbolDescriptionSummaryLeverage FactorCategory1Category2Category3Market capAverage volumeActions
DSPCThe De-SPAC ETFSeeks to track, before fees and expenses, the De-SPAC Index. 1.00US Equity Broad marketSmall cap$2,109,0009,901Analyze
SOGUThe Short De-SPAC ETFThis is an actively managed fund that attempts to achieve the inverse (-1x) of the return of the De-SPAC Index for a single day, not for any other period, by entering into swap agreements and by purchasing put options on securities in the Index. In addition to swap agreements, the Adviser may purchase put options on individual securities that comprise the Index. The Adviser may purchase put options when the cost of including individual securities in the swap agreement is too expensive. -1.00US Equity Broad marketSmall cap$31,912,00067,445Analyze
SPAKDefiance Next Gen SPAC Derived ETFSeeks to track, before fees and expenses, the Indxx SPAC & NextGen IPO Index.1.00US Equity Broad marketSmall cap$23,217,75022,236Analyze
SPAXRobinson Alternative Yield Pre-merger SPAC ETFThis is an actively managed fund 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.1.00US Equity Single industryFinancials$18,994,8755,446Analyze
SPCCrossingBridge Pre-Merger SPAC ETFThis is an actively managed fund that seeks to provide total returns consistent with the preservation of capital. The strategy focuses on purchasing shares of common stock and units of SPACs that are trading at or below their pro rata share of the collateral trust account (i.e. trading at par value or at a discount), with the intent of disposing of the shares prior to, or at the time of, a business combination. We look at ourselves as ‘renters’ of SPACs, not owners. In other words, we aim to capture the fixed income nature of pre-merger SPACs, along with the equity upside that they present, but we have no interest in being an equity investor post-business combination, which presents a much different risk/return profile akin to a traditional equity investment.1.00AlternativesOther$47,058,0001,716Analyze
SPCXThe SPAC and New Issue ETFThis is an actively managed fund that seeks to provide total return. the Fund will 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.1.00US EquityBroad marketSmall and mid cap$55,380,00023,817Analyze
SPXZMorgan Creek - Exos SPAC Originated ETFThis is an actively managed fund that seeks capital appreciation. The fund seeks to invest at least two thirds of its capital in an actively-managed, roughly dollar-weighted portfolio from among the 50 or so largest companies that have gone public via a SPAC merger within the last three years. The fund seeks to invest up to one third of its capital in an actively-managed roughly equal dollar-weighted portfolio of pre-combination SPACs as a means to get exposure to potential future deals cheaply. The selection of specific post-combination SPACs will be based on a number of factors including: (i) the number of post-combination SPACs with market capitalizations over $750 million, (ii) the number of post-combination SPACs attracting broad research analyst coverage, (iii) the expected pipeline for SPAC combinations. The selection of specific pre-combination SPACs will be based on a number of factors including: (i) the number of pre-combination SPACs with market capitalizations over $250 million, (ii) the expected pipeline for new SPAC IPOs. 1.00US Equity Broad marketSmall cap$9,541,43515,440Analyze

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