QCON vs. SPAX

Last updated Apr 1, 2026

Compare and contrast key facts about American Century Quality Convertible Securities ETF (QCON) and Robinson Alternative Yield Pre-merger SPAC ETF (SPAX).

QCON and SPAX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QCON is an actively managed fund by American Century. It was launched on Feb 16, 2021. SPAX is an actively managed fund by Toroso Investments. It was launched on Jun 22, 2021.

Performance

QCON vs. SPAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Quality Convertible Securities ETF (QCON) and Robinson Alternative Yield Pre-merger SPAC ETF (SPAX). The values are adjusted to include any dividend payments, if applicable.

QCON vs. SPAX - Yearly Performance Comparison

	2026 (YTD)
QCON American Century Quality Convertible Securities ETF	0.00%
SPAX Robinson Alternative Yield Pre-merger SPAC ETF	0.00%

Returns By Period

QCON

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QCON vs. SPAX - Expense Ratio Comparison

QCON has a 0.32% expense ratio, which is lower than SPAX's 0.85% expense ratio.

SPAX

Robinson Alternative Yield Pre-merger SPAC ETF

QCON

American Century Quality Convertible Securities ETF

Return for Risk

QCON vs. SPAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Quality Convertible Securities ETF (QCON) and Robinson Alternative Yield Pre-merger SPAC ETF (SPAX). 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.

Dividends

QCON vs. SPAX - Dividend Comparison

Neither QCON nor SPAX has paid dividends to shareholders.

	TTM	2025	2024	2023	2022
QCON American Century Quality Convertible Securities ETF	0.00%	0.00%	0.00%	0.00%	0.00%
SPAX Robinson Alternative Yield Pre-merger SPAC ETF	0.00%	0.00%	5.50%	7.54%	0.97%

Drawdowns

Drawdown Indicators

	QCON	SPAX	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	0.00%	—	—

Volatility

Volatility by Period

	QCON	SPAX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	—	—