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Horizon KineticsFinancialSPAQ · Nasdaq

Horizon Kinetics SPAC Active ETF (SPAQ)

Price
$93.21
—25 Sept 2026
Assets
$10.1M
Total net assets
Expense ratio
0.85%
Category 1.46%
Yield
15.25%
Trailing distributions
3Y CAGR
5.2%-12.3%
Category 17.6%
5Y CAGR
—
Category 7.7%
Loading NAV history…
Horizon Kinetics SPAC Active ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation
—
Maximum drawdown
—
Sharpe ratio
—
Sortino ratio
—
Beta
—
Alpha
—
R²
—
Information ratio
—
Upside capture
—
Downside capture
—
Tracking error
—
Trailing returns compared with benchmark
Period1M3M6MYTD1Y3YCAGR5YCAGR10YCAGRLaunchCAGR
ETF-0.6%-0.6%+3.6%+2.8%+4.8%+5.2%——+5.5%
Financial average-6.0%1.4%13.7%2.3%4.1%17.6%7.7%10.5%7.7%
Difference+5.4%-2.0%-10.1%+0.5%+0.7%-12.3%——-2.2%

Holdings

The 9 largest positions make up 38.6% of the fund.

Top holdings

Largest holdings by weight
TickerHoldingWeight
OACCOaktree Acquisition Corp III Life Sciences Class A Ordinary shares5.34%
NHIVNewHold Investment Corp IV Class A4.52%
VIIViking Acquisition Corp II Class A4.28%
EVOXEvolution Global Acquisition Corp Class A ordinary shares4.19%
CEPVCantor Equity Partners V Inc Ordinary Shares - Class A4.11%
WLIIWillow Lane Acquisition Corp II Class A - Ordinary Shares4.07%
OTGAOTG Acquisition Corp I Class A4.06%
MTALMetals Acquisition Corp II Class A - Ordinary shares4.05%
DSACDaedalus Special Acquisition Corp Class A4.03%

Sector allocation

Share of the equity the fund holds.

100.0%Financial services1 sectors
  1. Financial services100.0%

Asset mix

  • Stocks99.3%
  • Cash0.7%
  • Bonds0.1%

ETF details

Issuer
Horizon Kinetics
Category
Equity · Financial
Ticker
SPAQ
Exchange
Nasdaq
Inception
27 Jan 2023 (3.7 years)
Structure
Exchange Traded Fund
Expense ratio
0.85% (category 1.46%)
Holdings turnover
81% (category 42%)
Distribution yield
15.25%
Beta, 3 years
0.04
Total net assets
$10.1M

Prices and returns as of 25 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

Other financial ETFs

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Investment research for ETFs, mutual funds and stocks. Data is for research and education. It is not a recommendation to buy or sell any security. Mutual fund investments are subject to market risk; read all scheme documents carefully.

© 2026 Evenfolio
build 62 · 2026-09-28 17:30 UTC

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