Defiance Next Gen SPAC Derived ETF (SPAK)
Description
The investment seeks to track the performance of the Indxx SPAC & NextGen IPO Index. The SPAK ETF contains 0 constituents. It is focused on blend holdings in the North America region.
Price $14.63 as of 2022-09-01Cost/Risk/Yield
| Dividend yield | |
| Expense ratio | 0.45% |
| Average spread | 0.273% |
| 1Y roundtrip cost | 0.723% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -14.6% | -2.1% | -0.1% | -11.5% | -4.0% | -13.5% | 7.9% | 4.1% | 0.0% | -33.7% | |||
| 2021 | 5.2% | -0.3% | -12.1% | -2.8% | -2.8% | 5.9% | -11.2% | -2.2% | 0.0% | 7.0% | -2.3% | -10.1% | -25.9% |
| 2020 | 20.1% | 6.6% | 26.6% | ||||||||||
| -9.3% | -2.4% | -12.2% | -14.3% | -6.9% | -7.6% | -3.3% | 1.9% | 0.0% | 7.0% | 17.7% | -3.6% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 0.32 | 0.32 | |||||||||||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.32 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| DraftKings Inc Class A | 5.78% |
| Clarivate PLC | 4.38% |
| Paysafe Ltd | 3.85% |
| Pershing Square Tontine Holdings Ltd. Class A | 3.33% |
| Vertiv Holdings Co. Class A | 2.91% |
| Churchill Capital Corp IV Class A | 2.51% |
| Opendoor Technologies Inc | 1.85% |
| QuantumScape Corporation Class A | 1.69% |
| Open Lending Corporation Class A | 1.65% |
| Luminar Technologies, Inc. Class A | 1.64% |
| Skillz Inc. Class A | 1.54% |
| ChargePoint Holdings, Inc. Class A | 1.48% |
| MP Materials Corp Class A | 1.30% |
| Virgin Galactic Holdings Inc | 1.25% |
| Arrival Group | 1.21% |
| Top 15 Weights | 36.37% |
Compare with similar ETFs
| SPAK | IBBJ | LABU | SBIO | SPXZ | SUBZ | |
|---|---|---|---|---|---|---|
| Product name | Defiance Next Gen SPAC Derived ETF | Defiance Nasdaq Junior Biotechnology ETF | Direxion Daily S&P Biotech Bull 3x Shares ETF | ALPS Medical Breakthroughs ETF | Morgan Creek - Exos SPAC Originated ETF | Roundhill Streaming Services & Technology ETF |
| Issuer | Defiance | Defiance | Direxion | ALPS | Morgan Creek | Roundhill |
| Price | $14.63 | $29.87 | $6.13 | $28.98 | $11.005 | $7.4295 |
| Expense Ratio | 0.45% | 0.45% |  1.02% | 0.5% | 1% | 0.75% |
| Average Spread | 0.273% | 0.301% | 0.816% | 0.380% | 0.363% | 0.404% |
| AUM | $26,239,200 | $7,270,600 | $84,101,600 | $131,281,000 | $10,689,600 | $15,633,800 |
| Shares | 1,793,522 | 243,408 | 13,719,677 | 4,530,063 | 971,338 | 2,104,283 |
| Average Daily Volume | 8,459 | 2,561 | 56,154,969 | 15,867 | 1,935 | 10,872 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2020-09-30 | 2020-08-03 | 2015-05-28 | 2014-12-31 | 2021-01-20 | 2021-02-10 |
| Index Tracked | Indxx SPAC & NextGen IPO Index | NASDAQ Junior Biotechnology Index | S&P Biotechnology Select Industry Index | S-Network Medical Breakthroughs Index | No Underlying Index | No Underlying Index |
| Category | All Cap Equities | Health & Biotech Equities | Leveraged Equities | Health & Biotech Equities | Financials Equities | Technology Equities |
| Asset Class | Equity | Equity | Equity | Equity | Equity | Equity |
| Asset Class Size | Mid/Small Caps | Mid/Small Caps | Large/Mid/Small Caps | |||
| Value or Growth | Blend | Growth | Growth | Growth | Growth | |
| Region | North America | North America | North America | North America | North America | |
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | Broad |
| Annual Dividend Rate | $0 | $0 | $0 | $0 | $0 | $0 |
| Annual Dividend Yield | 0.000% | 0.000% | 0.000% | 0.000% | 0.000% | 0.000% |
| Number of Holdings | 0 | 231 | 126 | 0 | 38 | |
| YTD Return | -31.01% | 0.00% | -82.97% | -31.39% | -30.55% | -17.91% |
| Beta | -0.08 | 0.51 | -0.96 | 1.30 | 0.26 | -1.10 |
| Upside Beta | -0.82 | 1.06 | -1.34 | 0.68 | -0.91 | -1.04 |
| Downside Beta | -0.74 | 0.62 | -0.14 | -0.34 | -0.80 | -0.41 |
| Volatility 1Y | 27.28% | 29.75% | 135.98% | 44.99% | 29.99% | 32.87% |
| Sharpe Ratio 3Y | 0.00 | 0.00 | -0.43 | -0.26 | 0.00 | 0.00 |
| Treynor Ratio 3Y | 0.00 | 0.00 | 0.03 | -0.01 | 0.00 | 0.00 |