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Robinson Alternative Yield Pre-merger SPAC ETF (SPAX)

ETF · Currency in USD
Issuer
Toroso Investments
Inception Date
Jun 22, 2021
Region
North America (U.S.)
Category
n/a
Expense Ratio
0.85%
Index Tracked
ACTIVE - No Index
ETF Home Page
www.robinsonetfs.com
Asset Class
Equity

Asset Class Size

Small-Cap

SPAXPrice Chart


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SPAXPerformance

The chart shows the growth of $10,000 invested in Robinson Alternative Yield Pre-merger SPAC ETF on Jun 24, 2021 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,222 for a total return of roughly 2.22%. All prices are adjusted for splits and dividends.


SPAX (Robinson Alternative Yield Pre-merger SPAC ETF)
Benchmark (S&P 500)

SPAXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD0.03%-3.97%
1M-0.17%-0.94%
6M2.17%7.48%
1Y2.22%7.90%
5YN/AN/A
10YN/AN/A

SPAXMonthly Returns Heatmap


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SPAXSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The chart below displays rolling 12-month Sharpe Ratio.


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SPAXDividends


Robinson Alternative Yield Pre-merger SPAC ETF doesn't pay dividends

SPAXDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


SPAX (Robinson Alternative Yield Pre-merger SPAC ETF)
Benchmark (S&P 500)

SPAXWorst Drawdowns

The table below shows the maximum drawdowns of the Robinson Alternative Yield Pre-merger SPAC ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Robinson Alternative Yield Pre-merger SPAC ETF is 1.25%, recorded on Aug 26, 2021. It took 39 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-1.25%Jun 29, 202142Aug 26, 202139Oct 21, 202181
-0.7%Nov 23, 20215Nov 30, 20216Dec 8, 202111
-0.56%Dec 14, 202110Dec 28, 2021
-0.54%Nov 12, 20211Nov 12, 20216Nov 22, 20217
-0.36%Dec 9, 20212Dec 10, 20211Dec 13, 20213
-0.16%Nov 5, 20212Nov 8, 20212Nov 10, 20214
-0.15%Oct 29, 20211Oct 29, 20212Nov 2, 20213
-0.03%Nov 3, 20211Nov 3, 20211Nov 4, 20212
-0.01%Oct 26, 20211Oct 26, 20211Oct 27, 20212

SPAXVolatility Chart

Current Robinson Alternative Yield Pre-merger SPAC ETF volatility is 2.41%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


SPAX (Robinson Alternative Yield Pre-merger SPAC ETF)
Benchmark (S&P 500)

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