UCIB vs. SPAX ETF Comparison

Comparison of ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due April 5, 2038 (UCIB) to Robinson Alternative Yield Pre-merger SPAC ETF (SPAX)

UCIB

ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due April 5, 2038

UCIB Description

The ETRACS UBS Bloomberg Constant Maturity Commodity Index Total Return ETN Series B are senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the UBS Bloomberg Constant Maturity Commodity Index Total Return. The index is designed to be a diversified benchmark for commodities as an asset class. It is comprised of futures contracts on 27 components, representing 24 commodities, with up to five different maturities for each individual commodity. The overall return on the index is generated by two components: uncollateralized returns on the futures contracts comprising the index and a daily fixed-income return.

Grade (RS Rating)

Last Trade

$24.59

Average Daily Volume

2,059

Number of Holdings ^*

2

* 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

$20.24

Average Daily Volume

3,120

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

Performance

Period	UCIB	SPAX
30 Days	-5.78%	-0.49%
60 Days	-0.48%	0.30%
90 Days	0.46%	0.78%
12 Months	0.07%	2.02%

0 Overlapping Holdings

	Symbol	Grade	Weight in UCIB	Weight in SPAX	Overlap

UCIB Overweight 2 Positions Relative to SPAX

	Symbol	Grade	Weight
	ERII	B	37.14%
	ANSC	A	28.23%

UCIB Underweight 20 Positions Relative to SPAX

	Symbol	Grade	Weight
	AOGO	C	-2.96%
	CNDA	F	-2.87%
	HAIA	A	-2.7%
	FLD	A	-2.59%
	TGAA	C	-2.21%
	CFFS	B	-1.89%
	ONYX	B	-1.79%
	PRLH	A	-1.56%
	IVCP	A	-1.54%
	BLEU	B	-1.37%
	GHIX	F	-1.36%
	GAQ	A	-0.71%
	IMAQ	C	-0.56%
	PWUP	D	-0.44%
	MCAG	A	-0.28%
	PPYA	D	-0.28%
	ROCL	A	-0.24%
	MSSA	A	-0.18%
	BRKH	A	-0.12%
	VMCA	D	-0.03%

UCIB: Top Represented Industries & Keywords

Industries: Pollution & Treatment Controls

Keywords: Desalination Electricity Energy Recovery Systems Filter Membrane Technology Mergers And Acquisitions Oil And Gas Operators Private Equity Pump Recovery Systems Reverse Osmosis Reverse Takeover Special Purpose Acquisition Company Turbines Turbocharger Usable Energy Water Desalination Water Treatment

SPAX: Top Represented Industries & Keywords

Industries: Shell Companies

Keywords: Mergers And Acquisitions Private Equity Special Purpose Acquisition Company Reverse Takeover Alec Gores Enterprise Software Financial Capital