RiverNorth Enhanced Pre-Merger SPAC ETF (SPCZ) belongs to the Financials Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SPCZ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SPCZ
SPCZ charges 0.90% annually. There are 39 ETFs in the Financials Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Financial Select Sector SPDR ETF | 0.08% | 51.89B | Dec 1998 | SPCZ vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.17B | Oct 2013 | SPCZ vs FNCL | |
| Vanguard Financials ETF | 0.09% | 13.50B | Jan 2004 | SPCZ vs VFH | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | SPCZ vs GABF | |
| Portfolio Building Block European Banks Index ETF | 0.13% | 22.30M | Nov 2025 | SPCZ vs PBEU |
Best Risk-Adjusted Alternatives to SPCZ
SPCZ has a PortfoliosLab risk / return rank of 24. There are 14 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 90.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 90 | 5.04M | Oct 2024 | SPCZ vs HSBH | |
| Themes Global Systemically Important Banks ETF | 80 | 24.99M | Dec 2023 | SPCZ vs GSIB | |
| Invesco KBW Bank ETF | 56 | 6.25B | Nov 2011 | SPCZ vs KBWB | |
| iShares MSCI Europe Financials ETF | 47 | 3.69B | Jan 2010 | SPCZ vs EUFN | |
| First Trust Nasdaq Bank ETF | 42 | 299.07M | Sep 2016 | SPCZ vs FTXO |
Top Performing SPCZ Alternatives (YTD)
SPCZ is at 1.88% YTD. There are 18 ETFs in the Financials Equities category with higher YTD returns, going as high as 26.93%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| HSBC Holdings plc ADRhedged ETF | 26.93% | 5.04M | Oct 2024 | SPCZ vs HSBH | |
| First Trust NASDAQ ABA Community Bank Index Fund | 16.85% | 83.48M | Jun 2009 | SPCZ vs QABA | |
| Themes Global Systemically Important Banks ETF | 16.30% | 24.99M | Dec 2023 | SPCZ vs GSIB | |
| SPDR S&P Regional Banking ETF | 14.14% | 4.33B | Jun 2006 | SPCZ vs KRE | |
| Portfolio Building Block European Banks Index ETF | 13.63% | 22.30M | Nov 2025 | SPCZ vs PBEU |
Lowest Volatility Alternatives to SPCZ
SPCZ has 9.43% 1-year volatility. No ETFs in the Financials Equities category have lower 1-year volatility; the lowest-volatility alternatives shown here go as low as 13.57%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares MSCI Kuwait ETF | 13.57% | 70.62M | Sep 2020 | SPCZ vs KWT | |
| iShares Global Financials ETF | 13.90% | 580.15M | Nov 2001 | SPCZ vs IXG | |
| iShares U.S. Financials ETF | 14.53% | 3.81B | May 2000 | SPCZ vs IYF | |
| State Street Financial Select Sector SPDR ETF | 14.62% | 51.89B | Dec 1998 | SPCZ vs XLF | |
| Davis Select Financial ETF | 14.72% | 300.51M | Jan 2017 | SPCZ vs DFNL |
Lowest Drawdown Alternatives to SPCZ
SPCZ has a 1-year max drawdown of -3.82%. No ETFs in the Financials Equities category have shallower 1-year drawdowns; the lowest-drawdown alternatives shown here go as shallow as -7.62%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares U.S. Insurance ETF | -7.62% | 376.18M | May 2006 | SPCZ vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.56% | 254.21M | Dec 2010 | SPCZ vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 26.65M | Apr 2010 | SPCZ vs PSCF | |
| iShares Global Financials ETF | -11.33% | 580.15M | Nov 2001 | SPCZ vs IXG | |
| iShares MSCI Kuwait ETF | -11.54% | 70.62M | Sep 2020 | SPCZ vs KWT |
Other ETFs from RiverNorth
The 2 most viewed RiverNorth ETFs shown here include CEFZ, FLDZ and span 2 categories. AUM among these funds goes as high as $40M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| RiverNorth Active Income ETF | Tactical Allocation | — | 3.57% | 40.08M | Aug 2025 | SPCZ vs CEFZ | |
| RiverNorth Patriot ETF | Mid Cap Blend Equities | 25 | 6.09% | 4.01M | Feb 2022 | SPCZ vs FLDZ |
Often Compared With SPCZ
Investors most often compare SPCZ with BFIX, FBDC, QQQI. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare SPCZ with Any Fund or Stock
Compare SPCZ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SPCZ with funds that move differently
RiverNorth Enhanced Pre-Merger SPAC ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SPCZ.
Explore SPCZ Diversifiers