Short De-SPAC ETF (SOGU)
|Day's Range||28.10 - 28.65|
|Inception Date||May 19, 2021|
The investment seeks to provide investment results that are approximately the inverse of, to the price and yield performance of the De-SPAC Index. The index is comprised of twenty-five of the largest companies, based on market capitalization, that have completed a business combination transaction with a SPAC. The fund will invest in (1) U.S. government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; and/or (3) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality. It is non-diversified.
Top 10 Holdings57.77% of assets
|Swap Collateral - Cash||N/A||31.93%|
|Recv Sogu Trs Sklz Eq||N/A||3.07%|
|Recv Sogu Trs Cano Eq||N/A||2.92%|
|Recv Sogu Trs Psfe Eq||N/A||2.84%|
|Recv Sogu Trs Chpt Eq||N/A||2.83%|
|Recv Sogu Trs Mp Eq||N/A||2.81%|
|Recv Sogu Trs Aeva Eq||N/A||2.78%|
Wall Street was subdued last week due to the Fed's taper talks, the spread of the COVID-19 delta variant and China's persistent crackdown on its tech sector.
Two new SPAC ETFs launched on Wednesday that offer investors both long and short exposure to companies that have de-SPAC'd and completed mergers. The New SPACs: The De-SPAC ETF (NYSE: DSPC) and The Shor...
On Wednesday, the De-SPAC ETF (NYSE: DSPC) and the Short De-SPAC ETF (NYSE: SOGU) began trading on the New York Stock Exchange. They are the first ETFs to offer pure-play exposure to a basket of de-SPAC...