BAMY vs. SPAX ETF Comparison
Comparison of Brookstone Yield ETF (BAMY) to Robinson Alternative Yield Pre-merger SPAC ETF (SPAX)
BAMY
Brookstone Yield ETF
BAMY Description
The fund is an actively managed fund of funds that invests in a combination of income producing investment vehicles including dividend paying stocks, preferred stocks, junk bonds and fixed income securities through underlying funds, including closed end funds, and unaffiliated exchange traded funds ("ETFs") purchased in the secondary market, and including ETFs that may use put and call options.
Grade (RS Rating)
Last Trade
$26.50
Average Daily Volume
4,650
Number of Holdings
*
6
* may have additional holdings in another (foreign) market
SPAX
Robinson Alternative Yield Pre-merger SPAC ETF
SPAX Description
The Robinson Alternative Yield Pre-Merger SPAC ETF (SPAX) is an actively managed exchange-trade fund (ETF) 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.Grade (RS Rating)
Last Trade
$20.29
Average Daily Volume
1,585
Number of Holdings
*
33
* may have additional holdings in another (foreign) market
Performance
Period | BAMY | SPAX |
---|---|---|
30 Days | 0.98% | 0.47% |
60 Days | 1.73% | 1.35% |
90 Days | 1.13% | 1.75% |
12 Months | 2.45% |
0 Overlapping Holdings
Symbol | Grade | Weight in BAMY | Weight in SPAX | Overlap |
---|
BAMY Underweight 33 Positions Relative to SPAX
Symbol | Grade | Weight | |
---|---|---|---|
HAIA | A | -3.35% | |
BACA | B | -3.22% | |
WTMA | B | -3.12% | |
EMLD | C | -3.04% | |
KCGI | A | -3.04% | |
CMCA | B | -2.63% | |
GHIX | C | -2.63% | |
HCVI | C | -2.5% | |
AOGO | B | -2.36% | |
BLEU | B | -2.23% | |
PRLH | B | -2.23% | |
IVCP | B | -2.1% | |
TGAA | C | -2.08% | |
CDAQ | B | -2.0% | |
ONYX | C | -1.89% | |
BNIX | B | -1.88% | |
CFFS | B | -1.73% | |
GAQ | A | -1.61% | |
ROCL | C | -1.41% | |
MITA | B | -0.89% | |
TRON | B | -0.79% | |
IMAQ | D | -0.71% | |
PPYA | B | -0.7% | |
BRKH | B | -0.64% | |
BYNO | B | -0.62% | |
RMGC | F | -0.59% | |
MCAG | B | -0.42% | |
MSSA | B | -0.41% | |
TRIS | A | -0.34% | |
FHLT | D | -0.08% | |
BHAC | B | -0.05% | |
SWSS | D | -0.02% | |
NSTD | F | -0.0% |
BAMY: Top Represented Industries & Keywords
Industries:
Keywords:
Exchange Traded Funds
Exchange Traded Fund
ETF
Blackstone
Bond Market Index
Bond Market Indices
Collateralized Loan Obligation
Equity
Financial Capital
Inverse Exchange Traded Fund
Invesco Powershares
Loan
Mergers And Acquisitions
Nationally Recognized Statistical Rating Organization
Special Purpose Acquisition Company
State Street Global Advisors
Stock Fund
iBoxx
SPAX: Top Represented Industries & Keywords