CORD vs. SPCK

Last updated Jun 4, 2026

CORD (T-Rex 2X Inverse CRWV Daily Target ETF) and SPCK (SPAC and New Issue ETF) are both exchange-traded funds - CORD is a Inverse Equities fund actively managed by Tuttle Capital Management, while SPCK is a Event Driven fund actively managed by Tuttle Capital Management. Both are actively managed. At a correlation of -0.09, they often move in opposite directions. CORD charges 1.50%/yr vs 0.95%/yr for SPCK.

Performance

CORD vs. SPCK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Inverse CRWV Daily Target ETF (CORD) and SPAC and New Issue ETF (SPCK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CORD achieves a -87.59% return, which is significantly lower than SPCK's 2.66% return.

CORD

• 1D: 14.09%
• 1M: 3.13%
• YTD: -87.59%
• 6M: -88.97%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPCK

• 1D: 0.22%
• 1M: 1.34%
• YTD: 2.66%
• 6M: 2.51%
• 1Y: 2.37%
• 3Y*: 4.02%
• 5Y*: -0.95%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CORD vs. SPCK - Yearly Performance Comparison

	2026 (YTD)	2025
CORD T-Rex 2X Inverse CRWV Daily Target ETF	-87.59%	44.68%
SPCK SPAC and New Issue ETF	2.66%	1.66%

Correlation

The correlation between CORD and SPCK is -0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 29, 2025	-0.09

Return for Risk

CORD vs. SPCK — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPCK

SPCK Risk / Return Rank: 12
SPCK Sharpe Ratio Rank: 13
SPCK Sortino Ratio Rank: 12
SPCK Omega Ratio Rank: 13
SPCK Calmar Ratio Rank: 13
SPCK Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CORD vs. SPCK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Inverse CRWV Daily Target ETF (CORD) and SPAC and New Issue ETF (SPCK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CORD	SPCK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.26	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.12	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.49	0.15	-0.64

Drawdowns

CORD vs. SPCK - Drawdown Comparison

The maximum CORD drawdown since its inception was -93.69%, which is greater than SPCK's maximum drawdown of -28.28%. Use the drawdown chart below to compare losses from any high point for CORD and SPCK.

Drawdown Indicators

	CORD	SPCK	Difference
Max Drawdown Largest peak-to-trough decline	-93.69%	-28.28%	-65.41%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.72%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-7.72%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-20.59%	—
Current Drawdown Current decline from peak	-91.90%	-16.01%	-75.89%
Average Drawdown Average peak-to-trough decline	-56.33%	-18.86%	-37.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.60%	—

Volatility

Volatility by Period

	CORD	SPCK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.52%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.91%	—
Volatility (1Y) Calculated over the trailing 1-year period	187.84%	9.10%	+178.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	187.84%	8.23%	+179.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	187.84%	9.23%	+178.61%

CORD vs. SPCK - Expense Ratio Comparison

CORD has a 1.50% expense ratio, which is higher than SPCK's 0.95% expense ratio.

Dividends

CORD vs. SPCK - Dividend Comparison

CORD has not paid dividends to shareholders, while SPCK's dividend yield for the trailing twelve months is around 16.06%.

Position	TTM	2025	2024	2023	2022	2021
CORD T-Rex 2X Inverse CRWV Daily Target ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SPCK SPAC and New Issue ETF	16.06%	16.48%	0.69%	2.27%	0.00%	1.28%

Frequently Asked Questions

Can I hold both CORD and SPCK in my portfolio?

CORD and SPCK have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CORD or SPCK?

On fees, SPCK is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CORD or SPCK?

SPCK is cheaper with a 0.95% expense ratio, compared with 1.50% for CORD.

Which ETF pays a higher dividend yield, CORD or SPCK?

SPCK has the higher dividend yield at 16.06%, compared with 0.00% for CORD.

What is the main difference between CORD and SPCK?

CORD is categorized as Inverse Equities, while SPCK is Event Driven. Their fees differ too: 1.50% for CORD and 0.95% for SPCK.