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 40 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% | 49.47B | Dec 1998 | SPCZ vs XLF | |
| Fidelity MSCI Financials Index ETF | 0.08% | 2.21B | Oct 2013 | SPCZ vs FNCL | |
| Gabelli Financial Services Opportunities ETF | 0.10% | 50.20M | May 2022 | SPCZ vs GABF | |
| Vanguard Financials ETF | 0.10% | 13.70B | Jan 2004 | SPCZ vs VFH | |
| 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 23. There are 13 ETFs in the Financials Equities category with higher risk-adjusted ranks, going as high as 72.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Global Systemically Important Banks ETF | 72 | 26.29M | Dec 2023 | SPCZ vs GSIB | |
| Invesco KBW Bank ETF | 50 | 5.32B | Nov 2011 | SPCZ vs KBWB | |
| Invesco Bloomberg Financial Data Providers ETF | 35 | 51.11M | Nov 2011 | SPCZ vs FDIQ | |
| iShares MSCI Europe Financials ETF | 35 | 3.64B | Jan 2010 | SPCZ vs EUFN | |
| Invesco S&P SmallCap Financials ETF | 34 | 24.48M | Apr 2010 | SPCZ vs PSCF |
Top Performing SPCZ Alternatives (YTD)
SPCZ is at 1.14% YTD. There are 12 ETFs in the Financials Equities category with higher YTD returns, going as high as 10.94%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Themes Global Systemically Important Banks ETF | 10.94% | 26.29M | Dec 2023 | SPCZ vs GSIB | |
| First Trust NASDAQ ABA Community Bank Index Fund | 10.82% | 77.97M | Jun 2009 | SPCZ vs QABA | |
| Invesco Bloomberg Financial Data Providers ETF | 10.79% | 51.11M | Nov 2011 | SPCZ vs FDIQ | |
| Portfolio Building Block European Banks Index ETF | 8.86% | 22.30M | Nov 2025 | SPCZ vs PBEU | |
| SPDR S&P Regional Banking ETF | 7.92% | 3.91B | Jun 2006 | SPCZ vs KRE |
Lowest Volatility Alternatives to SPCZ
SPCZ has 7.77% 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 13.63%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Global Financials ETF | 13.63% | 542.62M | Nov 2001 | SPCZ vs IXG | |
| iShares MSCI Kuwait ETF | 13.93% | 70.21M | Sep 2020 | SPCZ vs KWT | |
| iShares U.S. Financials ETF | 14.29% | 3.50B | May 2000 | SPCZ vs IYF | |
| State Street Financial Select Sector SPDR ETF | 14.36% | 49.47B | Dec 1998 | SPCZ vs XLF | |
| Davis Select Financial ETF | 14.59% | 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 -7.98%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares U.S. Insurance ETF | -7.98% | 359.47M | May 2006 | SPCZ vs IAK | |
| Invesco KBW Property & Casualty Insurance ETF | -9.41% | 242.19M | Dec 2010 | SPCZ vs KBWP | |
| Invesco S&P SmallCap Financials ETF | -9.91% | 24.48M | Apr 2010 | SPCZ vs PSCF | |
| Invesco Bloomberg Financial Data Providers ETF | -11.13% | 51.11M | Nov 2011 | SPCZ vs FDIQ | |
| iShares Global Financials ETF | -11.33% | 542.62M | Nov 2001 | SPCZ vs IXG |
Other ETFs from RiverNorth
The 2 most viewed RiverNorth ETFs shown here include FLDZ, CEFZ and span 2 categories. AUM among these funds goes as high as $40M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| RiverNorth Patriot ETF | Mid Cap Blend Equities | 25 | 4.53% | 3.96M | Feb 2022 | SPCZ vs FLDZ | |
| RiverNorth Active Income ETF | Tactical Allocation | — | 5.94% | 39.60M | Aug 2025 | SPCZ vs CEFZ |
Often Compared With SPCZ
Investors most often compare SPCZ with BFIX, QQQI, FBDC. These 20 comparison targets span 7 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