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SPAC and New Issue ETF (SPCX)

ETF · Currency in USD
ISIN
US19423L6728
CUSIP
19423L672
Issuer
Tuttle Tactical Management, LLC
Inception Date
Dec 16, 2020
Region
Global (Broad)
Category
Money Market
Expense Ratio
0.95%
Index Tracked
No Index (Active)
Asset Class
Equity

SPCXPrice Chart


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SPCXPerformance

The chart shows the growth of $10,000 invested in SPAC and New Issue ETF on Dec 17, 2020 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,176 for a total return of roughly 11.76%. All prices are adjusted for splits and dividends.


SPCX (SPAC and New Issue ETF)
Benchmark (S&P 500)

SPCXReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
YTD-0.71%-2.17%
1M-0.83%0.62%
6M-2.74%6.95%
1Y-0.02%22.39%
5Y10.85%23.86%
10Y10.85%23.86%

SPCXMonthly Returns Heatmap


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SPCXSharpe 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 current SPAC and New Issue ETF Sharpe ratio is 0.52. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


SPCX (SPAC and New Issue ETF)
Benchmark (S&P 500)

SPCXDividends

SPAC and New Issue ETF granted a 1.29% dividend yield in the last twelve months, as of Jan 15, 2022. The annual payout for that period amounted to $0.36 per share.


PeriodTTM20212020
Dividend$0.36$0.36$0.00

Dividend yield

1.29%1.28%0.00%

SPCXDrawdowns Chart

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


SPCX (SPAC and New Issue ETF)
Benchmark (S&P 500)

SPCXWorst Drawdowns

The table below shows the maximum drawdowns of the SPAC and New Issue 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 SPAC and New Issue ETF is 12.94%, recorded on Jan 14, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.94%Feb 17, 2021232Jan 14, 2022
-6.44%Jan 26, 20212Jan 27, 20214Feb 2, 20216
-1.94%Dec 29, 20206Jan 6, 20211Jan 7, 20217
-1.27%Jan 15, 20211Jan 15, 20212Jan 20, 20213
-1.15%Feb 9, 20213Feb 11, 20212Feb 16, 20215

SPCXVolatility Chart

Current SPAC and New Issue ETF volatility is 1.06%. 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.


SPCX (SPAC and New Issue ETF)
Benchmark (S&P 500)

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