
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
CrossingBridge Pre-Merger SPAC ETF (SPC)

- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
10/24/2025: SPC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type ETF | Historic Profit 8.05% | Avg. Invested days 166 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() | Upturn Advisory Performance | ETF Returns Performance |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 18.82 - 22.09 | Updated Date 06/29/2025 |
52 Weeks Range 18.82 - 22.09 | Updated Date 06/29/2025 |
Upturn AI SWOT
CrossingBridge Pre-Merger SPAC ETF
ETF Overview
Overview
The CrossingBridge Pre-Merger SPAC ETF (SPC) focuses on investing in special purpose acquisition companies (SPACs) prior to their business combination, aiming to capture potential gains from the deal completion. It invests primarily in pre-merger SPACs and related securities.
Reputation and Reliability
CrossingBridge Advisors is a smaller asset manager; while not as well-known as larger firms, they are known for niche strategies.
Management Expertise
The management team likely has experience in special situations investing, including SPACs and related deals.
Investment Objective
Goal
To achieve capital appreciation by investing in a portfolio of pre-merger SPACs.
Investment Approach and Strategy
Strategy: The ETF does not track a specific index but employs an active management strategy focused on identifying attractive pre-merger SPACs.
Composition The ETF primarily holds common stock or warrants of SPACs that are actively searching for acquisition targets.
Market Position
Market Share: Given the niche nature of SPAC ETFs, SPC's market share is relatively small within the broader ETF market.
Total Net Assets (AUM): 15480000
Competitors
Key Competitors
- Defiance Next Gen SPAC Derived ETF (SPAK)
- Morgan Creek - Exos SPAC Originated ETF (SPXZ)
Competitive Landscape
The SPAC ETF market is relatively concentrated with a few major players. SPC differentiates itself by focusing solely on pre-merger SPACs. Competitors often hold a wider range of SPAC-related securities, including post-merger companies. This narrow focus could lead to higher volatility, but also greater potential gains, if pre-merger SPACs perform well.
Financial Performance
Historical Performance: Historical performance data is variable and depends on SPAC market dynamics. Data not readily available and changes too fast to input.
Benchmark Comparison: There is no single perfect benchmark; comparisons are generally made to broader market indices or other SPAC ETFs.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
The ETF's average trading volume is moderate and can fluctuate depending on market interest in SPACs.
Bid-Ask Spread
The bid-ask spread can vary but is typically manageable for most investors.
Market Dynamics
Market Environment Factors
Economic indicators, regulatory changes, and overall market sentiment towards SPACs significantly impact the ETF's performance. Interest rate policies also affect the SPAC market.
Growth Trajectory
The growth trajectory of the ETF is closely tied to the IPO and merger activity within the SPAC market, and its strategy and holdings have remained relatively consistent.
Moat and Competitive Advantages
Competitive Edge
SPC's competitive edge lies in its pure focus on pre-merger SPACs, offering targeted exposure to the initial stages of SPAC deals. This specialization may attract investors seeking higher potential returns associated with pre-deal announcements. This focus, however, is also a disadvantage if the deals collapse and assets are not performing well. SPC's approach may appeal to those with a higher risk tolerance seeking to capitalize on pre-merger SPAC opportunities.
Risk Analysis
Volatility
The ETF is subject to high volatility due to the speculative nature of pre-merger SPACs.
Market Risk
Market risk is tied to the performance of the SPAC market and the success rate of SPAC mergers.
Investor Profile
Ideal Investor Profile
The ideal investor is risk-tolerant, understands SPAC mechanics, and seeks to potentially capture gains from pre-merger speculation.
Market Risk
This ETF is better suited for active traders or investors with a shorter time horizon seeking speculative opportunities rather than long-term passive investments.
Summary
The CrossingBridge Pre-Merger SPAC ETF provides concentrated exposure to pre-merger SPACs, offering a high-risk, high-reward investment opportunity. Its performance is closely tied to SPAC market dynamics and the success of pre-merger deals. Investors should be aware of the inherent volatility and speculative nature of this asset class. SPC suits risk-tolerant investors seeking targeted exposure to pre-merger SPACs with an active trading approach. Careful consideration should be given to the investor's time horizon and understanding of SPAC investment risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ETF.com
- Seeking Alpha
- Company Filings
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About CrossingBridge Pre-Merger SPAC ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund is an actively managed exchange-traded fund ("ETF") that under normal market conditions will invest at least 80% of its net assets, plus borrowings for investment purposes, in shares of common stock and units of Special Purpose Acquisition Companies ("SPACs") that have yet to consummate a shareholder-approved merger or business combination. The fund seeks to invest in publicly-traded SPACs that at the time of purchase are trading at or below the SPAC"s pro rata trust account value. The fund is non-diversified.

Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
Home 

