SPAX
Robinson Alternative Yield Pre-merger SPAC ETF
SPAX is an actively managed fund of small-cap, US-listed SPACs the advisor expects to experience a spike in price in the future.
US
EQUITY
Active
MANAGEMENT STYLE
$ 4.6 M
ASSETS UNDER MGMT
75 bp
EXPENSES
Fund Basics
| Inception date | Jun 23, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| CASH & OTHER | 98.7 % |
| RMG ACQUISITION CORP III | 1.3 % |
| SPREE ACQUISITION CORP 1 LTD | 0.0 % |
| CORNER GROWTH ACQUISITION CORP 2 | 0.0 % |
| PEARL HOLDINGS ACQUISITION CORP | 0.0 % |
| NORTHERN STAR INVESTMENT CORP IV | 0.0 % |
| NORTHERN STAR INVESTMENT CORP IV | 0.0 % |
| NORTHERN STAR INVESTMENT CORP III | 0.0 % |
| EVE MOBILITY ACQUISITION CORP | 0.0 % |
| AETHERIUM ACQUISITION CORP | 0.0 % |
Historical Performance
Standardized Performance (as of 10/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 0.0% | 0.3% | -2.7% | -0.4% | -- | -- | -- | 0.3% |
| Dividend Yield | 0.0% | -0.3% | 2.7% | 0.4% | -- | -- | -- | -0.3% |
| Total Returns | -- | -- | -- | -- | -- | -- | -- | -- | Ann. Volatility | 9.4% | 7.1% | 6.5% | 5.7% | -- | -- | -- | 8.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 0 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 4.42% |
Technical Indicators
| 30d moving avg. (EMA) | $20.33 |
| Relative strength (RSI) | 49 |
| MACD/Signal | 0.01/0.02 |
| Bollinger Bands (Upper/Lower) | $20.47/$20.22 |
| Short interest (% of AUM) | 2.0% |
Distributions