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Defiance Next Gen SPAC Derived ETF (SPAK)

NYSEARCA: SPAK · IEX Real-Time Price · USD
22.72 -0.24 (-1.05%)
Oct 22, 2021 4:00 PM EDT - Market closed
Expense Ratio0.45%
PE Ration/a
Shares Out1.75M
Dividend (ttm)n/a
Dividend Yieldn/a
Ex-Dividend Daten/a
1-Year Return
Previous Close22.96
Day's Range22.57 - 22.96
52-Week Low21.86
52-Week High35.08
Inception DateSep 30, 2020

About SPAK

The investment seeks to track the total return performance, before fees and expenses, of the Indxx SPAC & NextGen IPO Index. The index tracks the performance of the U.S.-listed common stock of Special Purpose Acquisitions Corporations ("SPACs") and companies derived from SPACs. SPACs are companies with no commercial operations that are established solely to raise capital from investors for the purpose of acquiring one or more operating businesses. It invests at least 80% of its net assets in SPACs and SPAC-derived companies. The fund is non-diversified.

Asset ClassEquity
IssuerDefiance ETFs
Stock ExchangeNYSEARCA
Ticker SymbolSPAK
Index TrackedIndxx SPAC & NextGen IPO Index

Top 10 Holdings

26.97% of assets
Lucid GroupLCID9.44%
Pershing Square Tontine HoldingsPSTH2.51%
SoFi TechnologiesSOFI2.35%
Vertiv HoldingsVRT1.58%
Ginkgo BioworksDNA1.51%
Opendoor TechnologiesOPEN1.48%
Austerlitz Acquisition IIASZ1.23%
View More Holdings


2021 Likely to be a Record Year for IPOs: ETFs to Win

The global market for initial public offerings was off to a great start this year and is still running hot. 2021 is on its way to become the record year for IPOs.

Other symbols:IPOIPOS
1 day ago - Zacks Investment Research

Yield Focused Premerger SPAC ETF Debuts

CrossingBridge Advisors believes it can find short-term yields higher than government bonds.

Other symbols:SPCXSPXZ
1 month ago - ETFcom

Market Outlook & Thematic ETF Ideas for Q4

We discuss 5G, Quantum Computing, Hydrogen & SPAC ETFs.

1 month ago - Zacks Investment Research

2021 to be a Record Year for IPOs? ETFs in Focus

The global market for initial public offerings was off to a great start this year and is still running hot. There have been 250 IPOs priced this year, up 190.7% from last year.

Other symbols:IPOIPOS
2 months ago - Zacks Investment Research

20 Top SPACs That Double as Great Millionaire-Maker Stocks to Buy Now

Most SPACs won't make you any money. But a handful will make you a millionaire many times over.

Other symbols:DKNGSPCE
2 months ago - InvestorPlace

ETF Edge, July 12, 2021

CNBC's Bob Pisani tracks the latest headlines in exchange-traded funds with WisdomTree's Jeremy Schwartz, WallachBeth Capital's Andrew McOrmond and Morgan Creek Capital Management's Mark Yusko.

3 months ago - CNBC Television

IPOs See Best Q2 in 2 Decades: ETFs to Ride the Boom

The U.S. IPO market set another milestone in the second quarter with 113 IPOs raising $39.9 billion, marking the busiest quarter in over two decades.

3 months ago - Zacks Investment Research

U.S. IPO Market Sizzles: ETFs to Bet On

Some of the blockbuster IPOs of this year include South Korean e-commerce firm Coupang, cybersecurity firm Darktrace, and cryptocurrency exchange Coinbase Global.

3 months ago - Zacks Investment Research

2nd Pre-Merger SPAC ETF Launches

It's the first ETF product for fixed income group Robinson Capital.

Other symbols:SPCXSPXZ
3 months ago - ETFcom

ETFs to Tap the Booming U.S. IPO Market

The U.S. IPO raised $171 billion so far this year, surpassing last year's record of $168 billion and breaking the annual 2020 record within less than six months.

4 months ago - Zacks Investment Research

20 SPACs to Buy During the ‘SPAC Splat' for Long-Term Wealth

Most investors out there are now choosing to forget entirely about the SPAC market, and are writing off SPAC stocks as “dead money.” To be frank, those investors are suckers.

Other symbols:DKNGSPCE
5 months ago - InvestorPlace

High Flying ETFs Reverse Course

From 'ARKK' to 'SPAK' to 'IPO,' these once-hot ETFs have noticeably cooled.

5 months ago - ETFcom

Watch Out, Chamath Palihapitiya! The SEC Is About to Pop the SPAC Stocks Bubble

New guidance from the SEC will tighten up accounting for SPAC stocks, putting an end to bold guidance and rosy valuations. The post Watch Out, Chamath Palihapitiya!

5 months ago - InvestorPlace

Best SPAC ETFs for 2021

What's better than getting in on the ground floor of the hottest companies? Getting in on the ground floor of multiple.

Other symbols:SPCXSPXZ
6 months ago - InvestorPlace

7 SPACs From 2020 Still Holding Strong

Hundreds of SPACs have gone public in the past year. That said, here are seven of the best SPACs that deserve your attention right now.

6 months ago - InvestorPlace

Has the Bloom Fallen Off the Social Capital Hedosophia Rose?

Social Hedosophia Holdings Corp. VI has lost some of its buzz. Have investors lost interest in IPOF stock or is there more to the story?

7 months ago - InvestorPlace

Gambling on SPACs? Diversify With These 3 SPAC ETFs

SPACs generally are early-stage, sometimes pre-revenue companies. That alone supports a basket approach provided by these SPAC ETFs.

Other symbols:SPCXSPXZ
7 months ago - InvestorPlace

Record Q1 for Global IPOs? ETFs in Focus

The global market for initial public offerings is on its way to see its biggest-ever first quarter.

Other symbols:IPOIPOS
7 months ago - Zacks Investment Research

SPAC ETF Brew Grows Frothy

Investors should tread carefully when it comes to one of the frothiest parts of the market.

7 months ago - ETFcom

Are SPACs Losing Fervor? An Inverse ETF in the Making

Tuttle Tactical Management recently filed for an inverse ETF on SPACs.

Other symbols:SPCESPCXSPXZ
7 months ago - Zacks Investment Research

The Blank-Check Boom: ‘SPAK' Hits $100 Million in AUM

Special purpose acquisition companies (SPACs) have been around for about three decades, but seriously came into bloom in 2020. Still, stock picking among individual blank-check firms is difficult.

8 months ago - ETF Trends

The First SPAC ETF (SPAK) Hits $100 Million

NEW YORK, Feb. 11, 2021 /PRNewswire/ -- The First Ever SPAC ETF ($SPAK) Surpasses $100M in AUM. Defiance, a FinTech asset manager focused on the next generation of investors, announced today that the Fi...

8 months ago - PRNewsWire

Battle Of 3 SPAC ETFs

Choose your flavor of SPAC access: index-based, SPAC-only active or active equal weight.

Other symbols:IPOSPCXSPXZ
8 months ago - ETFcom

SPXZ, SPAK, SPCX: 3 SPAC ETFs Taking Part in Wall Street's Hottest Trend

As SPACs start to captivate Redditors and other day traders, investors should consider these three SPAC ETFs to profit from the leading trend. The post SPXZ, SPAK, SPCX: 3 SPAC ETFs Taking Part in Wall ...

Other symbols:SPCXSPXZ
8 months ago - InvestorPlace

3 ETFs to Play the SPAC Mania

These ETFs provide diversified exposure to SPACs

Other symbols:SPCESPCX
8 months ago - Zacks Investment Research