SPCXThe SPAC and New Issue ETF
SPCX Fund Description
SPCX is an actively-managed fund that aims to provide a broad exposure to Special Purpose Acquisitions Corporations (SPACs) and newly-listed firms.
SPCX Factset Analytics Insight
SPCX is the first actively-managed Special Purpose Acquisitions Corporations (SPACs) ETF in the market. The fund seeks capital appreciation by holding a broad portfolio of SPACs or “blank check” companies and firms that have completed their initial public offering (IPO) within the last two years. SPACs are companies that have no commercial operations or specific business plans, and are formed with the goal to merge or acquire other businesses. The fund adviser uses fundamental analysis to identify favorable investment opportunities and to assess a company’s management and business model. Additionally, the fund may also invest in depositary receipts and may hold up to 20% of its assets in cash or other short-term debt securities. Due to frequent trading, SPCX may have a high portfolio turnover rate, which potentially leads to higher trading costs and capital gains distributions.
SPCX Summary Data
SPCX Portfolio Data
SPCX Index Data
SPCX Portfolio Management
SPCX Tax Exposures
SPCX Fund Structure
SPCX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SPCX. SPCX is rated a N/A out of 5.
SPCX Top 10 Holdings[View All]
SPCX Economic Development
SPCX Performance Statistics
SPCX Benchmark Comparison Summary
SPCX Benchmark Comparison Market Cap Size