SPC vs. SPCX ETF Comparison
Comparison of CrossingBridge Pre-Merger SPAC ETF (SPC) to SPAC and New Issue ETF (SPCX)
SPC
CrossingBridge Pre-Merger SPAC ETF
SPC Description
SPC will purchase SPACs at or below collateral value with the intent of disposing of the shares prior to, or at the time of, a business combination. Consequently, CrossingBridge believes that a portfolio of pre-merger SPACs will provide investors with higher yields than other fixed-income products while significantly limiting downside risk.
Grade (RS Rating)
Last Trade
$21.65
Average Daily Volume
11,948
Number of Holdings
*
6
* may have additional holdings in another (foreign) market
SPCX
SPAC and New Issue ETF
SPCX Description
The investment seeks to provide total return. In pursuing the fund's investment objective, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in units and shares of Special Purpose Acquisitions Corporations (SPACs) that have a minimum capitalization of $100 million and companies that completed an initial public offering (IPO) within the last two years. It may also invest in depositary receipts for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities.Grade (RS Rating)
Last Trade
$23.69
Average Daily Volume
1,255
Number of Holdings
*
2
* may have additional holdings in another (foreign) market
Performance
Period | SPC | SPCX |
---|---|---|
30 Days | 0.30% | 0.42% |
60 Days | 0.81% | 0.64% |
90 Days | 1.04% | 0.47% |
12 Months | 4.36% | 1.80% |
0 Overlapping Holdings
Symbol | Grade | Weight in SPC | Weight in SPCX | Overlap |
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SPC: Top Represented Industries & Keywords
SPCX: Top Represented Industries & Keywords
Industries:
Shell Companies