Defiance Next Gen SPAC Derived ETF (SPAK) Research
This ETF is designed to mirror the returns of U.S.-listed common shares belonging to Special Purpose Acquisition Companies (SPACs) and businesses that have come to market via a SPAC transaction. SPACs are essentially shell corporations, lacking any ongoing commercial operations, established solely to gather capital from investors for the purpose of acquiring or merging with one or more operational companies. A significant portion—at least 80%—of the fund's net assets are committed to these SPACs and companies that have emerged from SPAC mergers. It is important to note that this fund maintains a non-diversified investment approach.
Market snapshot
- Symbol
- SPAK
- Price
- $14.63
- Day change
- -0.31%
- Market cap
- $16.0M
- 52-week range
- 14.63-14.7
- Sector
- Financial Services
- Industry
- Asset Management
Peer companies
- iPath Pure Beta Broad Commodity ETN (BCM)
- Principal Healthcare Innovators ETF (BTEC)
- Xtrackers Japan JPX-Nikkei 400 Equity ETF (JPN)
- VanEck Morningstar ESG Moat ETF (MOTE)
- QUANTX Risk Managed Multi-Asset Total Return ETF (QXTR)
- First Trust Mid Cap US Equity Select ETF (RNMC)
- SPDR MFS Systematic Growth Equity ETF (SYG)
- Syntax Stratified U.S. Total Market ETF (SYUS)
Open Defiance Next Gen SPAC Derived ETF (SPAK) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.