SPXZ
Morgan Creek - Exos SPAC Originated ETFSPXZ Fund Description
SPXZ is actively-managed to invest in SPAC-derived IPOs that have completed or yet to complete a business combination.
SPXZ Factset Analytics Insight
SPXZ provides an actively-managed exposure to Special Purpose Acquisitions Corporations (SPACs) that targets roughly 33% in pre-combination and 66% in post-combination SPACs, weighted equally within their groups. SPACs are companies with no commercial operations other than to raise capital for the purpose of acquiring others. Pre-combination SPACS are SPAC-derived IPOs still seeking for mergers and have liquidation risk if they fail to combine in a two-year period while post-combination are SPAC-derived IPOs that have successfully merged in the last three years. The portfolio selection will mainly include the 50 largest publicly-traded US-listed SPACs. Due to monthly rebalancing, SPXZ may have a high portfolio turnover rate, which potentially leads to higher trading costs and capital gains distributions.
SPXZ MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
SPXZ Summary Data
SPXZ Portfolio Data
SPXZ Index Data
SPXZ Portfolio Management
SPXZ Tax Exposures
SPXZ Fund Structure
SPXZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SPXZ. SPXZ is rated a N/A out of 5.
SPXZ Tradability
SPXZ Performance Statistics
SPXZ Benchmark Comparison Summary
SPXZ
SPXZ Benchmark Comparison Market Cap Size
SPXZ
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use