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Upturn AI SWOT - About
SPAC and New Issue ETF (SPCX)
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Upturn Advisory Summary
02/24/2025: SPCX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type ETF | Historic Profit -3.19% | Avg. Invested days 42 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 02/24/2025 |
Key Highlights
Volume (30-day avg) 708 | Beta 0.06 | 52 Weeks Range 22.18 - 24.99 | Updated Date 04/2/2025 |
52 Weeks Range 22.18 - 24.99 | Updated Date 04/2/2025 |
Upturn AI SWOT
SPAC and New Issue ETF
ETF Overview
Overview
An ETF focusing on investments in Special Purpose Acquisition Companies (SPACs) and newly issued securities. Aims to capitalize on opportunities presented by SPAC mergers and IPOs.
Reputation and Reliability
Information about the issuer's reputation and reliability would be necessary. Without a specific ETF, this can't be provided.
Management Expertise
Information about the management team's experience would be necessary. Without a specific ETF, this can't be provided.
Investment Objective
Goal
To achieve capital appreciation by investing in SPACs and new issues.
Investment Approach and Strategy
Strategy: Invests in SPACs prior to their mergers, as well as newly issued stocks after their IPOs.
Composition Primarily holds common stock of SPACs and newly issued companies, with possible allocation to cash and short-term instruments.
Market Position
Market Share: Data on market share requires specifics on the ETF's actual market and competitors.
Total Net Assets (AUM): Data on AUM requires specifics on the ETF.
Competitors
Key Competitors
- SPCX
- IPOO
- JOBS
Competitive Landscape
The SPAC and new issue ETF landscape is highly competitive and specialized. Advantages could include superior deal selection or lower fees. Disadvantages may include concentration risk or higher volatility compared to broader market ETFs.
Financial Performance
Historical Performance: Historical performance data requires specifics on the ETF. Numerical data would be provided here if available.
Benchmark Comparison: Benchmark comparison requires specifics on the ETF and its benchmark.
Expense Ratio: Expense ratio data requires specifics on the ETF.
Liquidity
Average Trading Volume
Average trading volume data requires specifics on the ETF.
Bid-Ask Spread
Bid-ask spread data requires specifics on the ETF.
Market Dynamics
Market Environment Factors
Economic indicators, IPO market sentiment, regulatory changes related to SPACs, and overall market volatility affect this type of ETF.
Growth Trajectory
Growth depends on the pace of SPAC mergers and IPO activity, as well as the performance of the underlying holdings. Changes in holdings and strategy would reflect management's outlook on these market trends.
Moat and Competitive Advantages
Competitive Edge
A strong competitive edge could arise from proprietary deal sourcing capabilities, a seasoned management team with expertise in SPACs and IPOs, or a unique investment approach that identifies undervalued opportunities. Successful navigation of regulatory hurdles and favorable tax treatment can also provide advantages. Differentiation can also come from access to pre-IPO deals that are not broadly available to the public. By prioritizing long-term sustainable growth, the ETF can establish a solid foundation for future success.
Risk Analysis
Volatility
Volatility depends on the ETF's holdings and market conditions, often driven by news and speculation around individual SPAC mergers and IPOs.
Market Risk
Specific risks include deal failure, regulatory changes affecting SPACs, dilution from excessive share issuance, and potential for valuation bubbles in the IPO market.
Investor Profile
Ideal Investor Profile
Investors with a high-risk tolerance seeking capital appreciation and exposure to potentially high-growth companies through SPAC mergers and IPOs. Those who understand the speculative nature and the potential for significant losses are suited for this investment.
Market Risk
Potentially suitable for active traders seeking short-term gains or long-term investors comfortable with high volatility and the illiquidity.
Summary
A SPAC and New Issue ETF offer potential upside from investing in newly public companies but also carries considerable risk. Its performance is highly sensitive to market conditions and regulatory changes in the SPAC and IPO landscape. Investors should carefully consider their risk tolerance and conduct thorough due diligence. While offering unique exposure to potentially high-growth ventures, these investments are not for the risk-averse.
Similar Companies
DFAC
Dimensional U.S. Core Equity 2 ETF
DFAC
Dimensional U.S. Core Equity 2 ETF
SNAX
Stryve Foods Inc
SNAX
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SPCX
SPAC and New Issue ETF
SPCX
SPAC and New Issue ETF
Sources and Disclaimers
Data Sources:
- SEC Filings
- ETF Issuer Websites
- Financial News Outlets
- Morningstar
Disclaimers:
This data is for informational purposes only and should not be considered investment advice. The accuracy and completeness of this data are not guaranteed. Investors should consult with a financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPAC and New Issue ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in units and shares of Special Purpose Acquisitions Companies ("SPACs") that have a minimum capitalization of $100 million and companies that completed an initial public offering ("IPO") within the last two years. The fund may also invest in depositary receipts or appropriate ETFs for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities.
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