SPAX vs. RETL ETF Comparison
Comparison of Robinson Alternative Yield Pre-merger SPAC ETF (SPAX) to Direxion Daily Retail Bull 3X Shares ETF (RETL)
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
$20.27
Average Daily Volume
3,076
18
RETL
Direxion Daily Retail Bull 3X Shares ETF
RETL Description
The investment seeks daily investment results, net of expenses, of 300% of the Russell 1000® Retail Index. The fund, under normal circumstances, creates long positions by investing at least 80% of its assets in the securities that comprise the Russell 1000® Retail Index ("index") and/or financial instruments that provide leveraged and unleveraged exposure to the index. The index is an index comprised of constituent companies of the Russell 1000, which measures the performance of the large-cap segment of the U.S. equity universe, that sell to consumers those discretionary products supplied by manufacturers. The fund is non-diversified.Grade (RS Rating)
Last Trade
$9.69
Average Daily Volume
281,029
77
Performance
Period | SPAX | RETL |
---|---|---|
30 Days | 0.40% | 9.37% |
60 Days | 0.44% | 6.47% |
90 Days | 1.13% | -0.92% |
12 Months | 1.76% | 56.04% |
0 Overlapping Holdings
Symbol | Grade | Weight in SPAX | Weight in RETL | Overlap |
---|
SPAX Underweight 77 Positions Relative to RETL
Symbol | Grade | Weight | |
---|---|---|---|
CVNA | B | -1.41% | |
VSCO | C | -1.27% | |
WRBY | A | -1.21% | |
SFM | A | -1.15% | |
RVLV | A | -1.13% | |
LAD | A | -1.11% | |
GME | C | -1.1% | |
DDS | B | -1.03% | |
ABG | C | -0.98% | |
BBWI | C | -0.96% | |
SAH | C | -0.96% | |
MNRO | D | -0.95% | |
GPI | B | -0.94% | |
AMZN | C | -0.94% | |
GO | C | -0.92% | |
BKE | B | -0.92% | |
WINA | C | -0.91% | |
URBN | C | -0.9% | |
ORLY | B | -0.9% | |
SBH | C | -0.89% | |
PAG | B | -0.89% | |
BJ | A | -0.89% | |
SIG | B | -0.89% | |
KR | B | -0.88% | |
CASY | A | -0.88% | |
GAP | C | -0.87% | |
WMT | A | -0.87% | |
UPBD | B | -0.87% | |
VVV | D | -0.87% | |
CWH | B | -0.86% | |
M | F | -0.86% | |
ANF | F | -0.85% | |
JWN | D | -0.85% | |
EYE | C | -0.84% | |
COST | A | -0.84% | |
ULTA | F | -0.84% | |
CHWY | B | -0.84% | |
TGT | F | -0.84% | |
KMX | B | -0.83% | |
MUSA | B | -0.83% | |
AAP | D | -0.83% | |
AN | C | -0.83% | |
TJX | A | -0.83% | |
AZO | C | -0.83% | |
ACI | C | -0.83% | |
PSMT | D | -0.82% | |
EBAY | D | -0.82% | |
BURL | B | -0.81% | |
TSCO | D | -0.81% | |
WBA | F | -0.8% | |
CAL | F | -0.8% | |
DLTR | F | -0.78% | |
OLLI | D | -0.78% | |
KSS | F | -0.78% | |
BBY | D | -0.77% | |
DG | F | -0.76% | |
FIVE | F | -0.76% | |
DKS | D | -0.76% | |
ETSY | D | -0.76% | |
ROST | D | -0.76% | |
AEO | F | -0.76% | |
FL | F | -0.73% | |
ODP | F | -0.72% | |
BOOT | C | -0.71% | |
GES | F | -0.7% | |
LESL | D | -0.7% | |
ASO | F | -0.69% | |
HZO | F | -0.66% | |
SCVL | F | -0.65% | |
BBW | C | -0.54% | |
IMKTA | C | -0.54% | |
WMK | C | -0.51% | |
ZUMZ | B | -0.46% | |
GCO | C | -0.36% | |
GRPN | F | -0.33% | |
CRMT | D | -0.28% | |
ARKO | C | -0.19% |
SPAX: Top Represented Industries & Keywords
RETL: Top Represented Industries & Keywords