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CrossingBridge Pre-Merger SPAC ETF (SPC)



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Upturn Advisory Summary
08/14/2025: SPC (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type ETF | Historic Profit 6.57% | Avg. Invested days 229 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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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 (SPAC) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the CrossingBridge Pre-Merger SPAC Index. The fund primarily invests in pre-merger SPACs, aiming to capture potential upside prior to the completion of a business combination.
Reputation and Reliability
CrossingBridge Advisors is a smaller asset manager specializing in alternative investments, with a moderate track record.
Management Expertise
The management team possesses experience in SPAC investments, though it's a relatively niche area.
Investment Objective
Goal
To track the performance of the CrossingBridge Pre-Merger SPAC Index, focusing on SPACs before they complete a merger.
Investment Approach and Strategy
Strategy: The ETF tracks a specific index, the CrossingBridge Pre-Merger SPAC Index.
Composition Primarily holds common stocks of pre-merger SPACs.
Market Position
Market Share: SPAC's market share within the niche SPAC ETF market is relatively small.
Total Net Assets (AUM): 31670000
Competitors
Key Competitors
- Defiance Next Gen SPAC Derived ETF (SPAK)
- Morgan Creek - Exos SPAC Originated ETF (SPXZ)
- Accelerate Arbitrage Fund (ARB)
Competitive Landscape
The SPAC ETF market is moderately competitive. SPAK is much larger. SPAC benefits from a pre-merger focus, but it may be more volatile. SPXZ focuses on SPACs sourced by certain banks, and ARB is an arbitrage fund that doesn't only deal with SPACs, while SPAC only invests in pre-merger SPACs.
Financial Performance
Historical Performance: Historical performance data needs to be obtained from reliable source and cannot be provided at this time.
Benchmark Comparison: Benchmark comparison needs to be obtained from reliable source and cannot be provided at this time.
Expense Ratio: 0.49
Liquidity
Average Trading Volume
The ETF exhibits a moderate trading volume, indicating sufficient liquidity for average investors.
Bid-Ask Spread
The bid-ask spread is moderate, reflecting the ETF's trading volume and investor interest.
Market Dynamics
Market Environment Factors
Economic indicators, regulatory changes, and the overall SPAC market sentiment influence the ETF. Higher interest rates typically depress the SPAC market.
Growth Trajectory
Growth depends on new SPAC issuances and merger activity; strategy and holdings may adjust based on market conditions and new SPAC offerings.
Moat and Competitive Advantages
Competitive Edge
SPAC's competitive advantage lies in its exclusive focus on pre-merger SPACs, which allows it to potentially capture value before deal completion. This strategy may offer higher potential returns compared to ETFs holding post-merger entities. The fund is designed for investors specifically seeking pre-deal SPAC exposure. However, a narrowly focused investment strategy such as this may lead to concentration risk.
Risk Analysis
Volatility
The ETF may exhibit high volatility due to the speculative nature of SPACs and the uncertainty surrounding merger outcomes.
Market Risk
Underlying assets are susceptible to market risk, regulatory changes, and the success of SPAC mergers. Negative sentiment towards SPACs may negatively impact the price of the ETF.
Investor Profile
Ideal Investor Profile
Suitable for investors with a high-risk tolerance seeking exposure to the SPAC market and potential high returns. Investors must understand pre-merger risks.
Market Risk
More suitable for active traders and sophisticated investors comfortable with speculative investments, rather than passive index followers.
Summary
The CrossingBridge Pre-Merger SPAC ETF offers targeted exposure to pre-merger SPACs, aiming to capitalize on potential gains before business combinations occur. The ETF is a niche product. Its performance is heavily reliant on the health and sentiment of the overall SPAC market. It's best suited for risk-tolerant investors seeking speculative opportunities and knowledgeable about SPACs.
Peer Comparison
Sources and Disclaimers
Data Sources:
- ETF.com
- Morningstar
- Issuer's Website
- Bloomberg
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor. Past performance is not indicative of future results.
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.

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