Home » ETF » SPAK

SPAK - Defiance Next Gen SPAC Derived ETF

Stock Price: $24.65 USD 0.76 (3.18%)
Updated Apr 21, 2021 1:54 PM EDT - Market open
Assets $62.83M
NAV $23.89
Expense Ratio 0.45%
PE Ratio n/a
Beta (5Y) 2.16
Dividend (ttm) n/a
Dividend Yield n/a
Ex-Dividend Date n/a
1-Year Return -
Trading Day April 21
Last Price $24.65
Previous Close $23.89
Change ($) 0.76
Change (%) 3.18%
Day's Open 23.80
Day's Range 23.77 - 24.69
Day's Volume 53,518
52-Week Range 22.15 - 35.08

Fund Description

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 Class
Equity
Inception Date
Sep 30, 2020
Exchange
NYSEARCA
Ticker Symbol
SPAK
Index Tracked
Indxx SPAC & NextGen IPO Index

Top 10 Holdings

35.89% of assets
NameSymbolWeight
DraftKingsDKNG10.31%
Pershing Square Tontine HoldingsPSTH4.53%
Opendoor TechnologiesOPEN4.35%
ClarivateCLVT3.72%
Churchill Capital Corp. IVCCIV3.13%
Vertiv HoldingsVRT2.95%
MP MaterialsMP1.86%
Open Lending Corp.LPRO1.82%
Virgin GalacticSPCE1.75%
PaysafePSFE1.48%
View More Holdings

News

Hide News
  • All
  • Videos
  • Conversation

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

Other tickers mentioned: SPCX, SPXZ
2 weeks ago - InvestorPlace

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.

Other tickers mentioned: AHCO, CCIV, DKNG, OPEN, PSTH, QS
3 weeks ago - InvestorPlace

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?

Other tickers mentioned: DKNG, GOEV, IPOF, SPCX, SPXZ, SVAC
4 weeks ago - InvestorPlace

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

Other tickers mentioned: SPCX, SPXZ
4 weeks ago - InvestorPlace

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

Other tickers mentioned: IPOS
4 weeks ago - Zacks Investment Research

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

1 month ago - ETFcom

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

Other tickers mentioned: SPCE, SPCX, SPXZ
1 month ago - Zacks Investment Research

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.

2 months ago - ETF Trends

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...

2 months ago - PRNewsWire

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

Other tickers mentioned: SPCX, SPXZ
2 months ago - ETFcom

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 tickers mentioned: SPCX, SPXZ
2 months ago - InvestorPlace

These ETFs provide diversified exposure to SPACs

Other tickers mentioned: SPCE, SPCX
2 months ago - Zacks Investment Research

Unpacking the newest SPAC ETF with the man behind its launch

YouTube video

Mark Yusko, CEO, chief investment officer and founder of Morgan Creek Capital Management, discusses his firm's latest SPAC ETF. With Morningstar's Ben Johnson and CNBC's Bob Pisani.

Other tickers mentioned: SPCX
2 months ago - CNBC Television

Behind the new actively-managed SPAC ETF launch

YouTube video

CNBC's Bob Pisani talks with Mark Yusko of Morgan Creek Capital Management about the new SPAC ETF, SPXZ.

Other tickers mentioned: SPCX
2 months ago - CNBC Television

Procure Space ETF (UFO) jumped 5.7% on Jan 14 as Cathie Wood's ARK Investment Management filed for a space ETF.

Other tickers mentioned: ARKF, ARKG, ARKK, ARKQ, ARKW, IRDM, LORL ...
3 months ago - Zacks Investment Research

IPO ETF may fell on Dec 9 on broader market concerns, the prospect looks pretty upbeat.

Other tickers mentioned: IPOS
4 months ago - Zacks Investment Research

The year ahead will see a spate of public market newcomers, possibly including SpaceX, Waymo and Instacart, says Renaissance Capital's Kathleen Smith.

4 months ago - CNBC

What could lie store for IPOs and SPACs in 2021: ETF analysts

YouTube video

Renaissance Capital Chairman and co-founder Kathleen Smith and Defiance ETFs President Paul Dellaquila share their 2021 outlook for IPOs and SPACs. With CNBC's Bob Pisani.

4 months ago - CNBC Television

Why this investor says SpaceX could go public in 2021

YouTube video

CNBC's Bob Pisani talks with Kathleen Smith, chairman and co-founder of Renaissance Capital, and Paul Dellaquila of Defiance ETFs about what they think of Airbnb and Doordash IPOs and what may be next f...

4 months ago - CNBC Television

Before you get into the crazy world of SPAC investing, it's smart to have a plan. Here are seven tips to balance long- and short-term goals.

4 months ago - InvestorPlace

The fourth quarter of this year could be ruled by tech IPOs.

Other tickers mentioned: IPOS
5 months ago - Zacks Investment Research

When SPACs don't go to plan

YouTube video

CNBC's David Faber runs through some of the most talked about companies to go public through a SPAC in 2020.

5 months ago - CNBC Television

The SPAC market is booming; here is a safer way to invest.

Other tickers mentioned: FIVG, SWKS
5 months ago - Zacks Investment Research

Competition is fierce in the exchange-traded fund (ETF) landscape and differentiation is important for providers seeking to separate themselves from the masses. One trend that's catching fire is special...

6 months ago - ETF Trends

Defiance ETFs President Paul Dellaquila breaks down his firm's new SPAC ETF as the growing theme captures more investors' attention.

6 months ago - CNBC

On this week's “ETF Edge,” Paul Delaquilla, President and Global Head of ETFs at Defiance ETFs, Andrew McOrmond, Managing Director at WallachBeth Capital, and Tom Lydon, CEO of ETF Trends, talk SPACs an...

Other tickers mentioned: FIVG
6 months ago - ETF Trends

SPACs and 5G: Defiance ETFs president breaks down two of his firm's hottest funds

YouTube video

Paul Delaquilla, president and global head of ETFs at Defiance ETFs, Andrew McOrmond, managing director at WallachBeth Capital, and Tom Lydon, CEO of ETF Trends and ETF Database, talk SPACs and 5G as in...

Other tickers mentioned: FIVG
6 months ago - CNBC Television

IPOs have been red-hot this year. The momentum may slowdown just ahead of and right after the election due to policy uncertainties, but long-term potential is bright.

Other tickers mentioned: BSY, IPOS, SNOW
6 months ago - Zacks Investment Research

These days, special purpose acquisition companies (SPACs) are all the rage. Thanks to the newly minted Defiance Next Gen SPAC Derived ETF (NYSEARCA:SPAK), there’s now an exchange traded fund dedicated t...

6 months ago - ETF Trends

Of course SPACs got their own fund thanks to the SPAK ETF, but this new product has perks and some proving to do. The post SPAK ETF Arrives in Time to Capitalize on Blank-Check Moment appeared first on ...

6 months ago - InvestorPlace

Hundreds of IPOs and SPACs have come on the market this year but how do you know which ones to buy?

Other tickers mentioned: FPX
6 months ago - Zacks Investment Research

Given the recent resurgence in blank check companies, Defiance ETFs recently launched a fund on SPACs. The ETF is worth a bet as SPAC-led deals are likely to surge in the near term.

6 months ago - Zacks Investment Research

In an ETF landscape that’s growing every year, providers need to offer products to help differentiate themselves from the masses. For Defiance ETFs, they created a new fund that focuses on special purpo...

6 months ago - ETF Trends

An ETF based on special purpose acquisition companies that trades on a U.S. exchange is now available to investors for the first time.  About The New ETF: The Defiance NextGen SPAC IPO ETF (NYSE: SPAK) ...

6 months ago - Benzinga