SPAK

Defiance Next Gen SPAC Derived ETF
*Unless otherwise stated, data provided by FactSet.

SPAK Fund Description

SPAK tracks an index of US-listed, Special Purpose Acquisitions Corporations (SPACs) and SPAC-derived companies.

SPAK Factset Analytics Insight

SPAK is the first ETF to offer exposure to Special Purpose Acquisitions Corporations (SPACs), also known as “blank check” companies, and the stocks in which they invest. SPACs are companies with no commercial operations other than to raise capital for the purpose of acquiring others. The fund will track an index of US-listed SPACs and actively traded SPAC-derived companies, most often recent IPOs. To be eligible for index inclusion, securities must meet minimum market capitalization, free float, trading volume and liquidity requirements. At the annual reconstitution and rebalance, in July, the index is weighted 80% to SPAC-derived companies and 20% to SPACs themselves. Within each category, individual holdings are market-cap weighted and subject to capping requirements. New SPACs meeting index eligibility requirements may be added on a quarterly basis. New SPAC-derived companies that meet eligibility requirements may be included on a monthly basis.

SPAK Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 11/27/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
SPAK 10.48% -- -- -- -- -- --
SPAK (NAV) 16.48% -- -- -- -- -- --
Indxx SPAC & NextGen IPO Index -- -- -- -- -- -- --
MSCI USA IMI 8.65% 6.91% 16.49% 19.35% 14.16% 14.05% 14.10%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

SPAK Summary Data

Defiance ETFs
Defiance
09/30/20
Open-Ended Fund
0.45%
$23.43M
$2.01M
0.18%

SPAK Portfolio Data

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12/29/20
67

SPAK Index Data

Indxx SPAC & NextGen IPO Index
Tiered
Time Since Listing
MSCI USA IMI

SPAK Portfolio Management

0.45%
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SPAK Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

SPAK Fund Structure

Open-Ended Fund
No
No
N/A / N/A
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

SPAK Factset Analytics Block Liquidity

As of 11/30/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of SPAK. SPAK is rated a N/A out of 5.

SPAK Tradability

78,798
$2.01M
39,707
$972.45K
0.18%
$0.05
0.11%
0.67% / -0.21%
None
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50,000
0.79
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245
$27.29
N/A

SPAK Top 10 Holdings[View All]

9.29%
6.71%
60.82%

SPAK Countries


SPAK
Segment Benchmark
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99.91%
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0.09%

SPAK Regions


SPAK
Segment Benchmark
--
100.00%

SPAK Economic Development


SPAK
Segment Benchmark
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100.00%

SPAK Performance Statistics

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0.00%
MSCI USA IMI

SPAK Benchmark Comparison Holdings

67
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SPAK Benchmark Comparison Summary


SPAK
Segment Benchmark
67
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SPAK Benchmark Comparison Market Cap Size


SPAK
Segment Benchmark
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