SPAQ Horizon Kinetics SPAC Active ETF
Quote as of Oct 09, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 92.69 | Day Range | 92.66 – 92.91 |
| 52-Week Range | 89.43 – 108.25 | Volume | 147 |
| Avg Volume | 173 | AUM | $10.0M (Oct 10, 2026) |
| Expense Ratio | 0.85% | Yield (TTM) | 16.29% |
| NAV | 93.15 | Premium/Discount | -0.26% indicative |
| Inception | Jan 27, 2023 | Holdings | 57 |
| Issuer | Horizon Kinetics | Exchange | NASDAQ |
| Category | Financials | Index Tracked | Not stated in source data |
| CUSIP | 53656G555 | ISIN | US53656G5559 |
| Management | Actively managed (per issuer description) | ||
About this ETF
The Horizon Kinetics SPAC Active ETF aims to achieve demonstrable investment profits through a targeted approach. It strategically allocates capital to Special Purpose Acquisition Companies (SPACs), specifically those identified as having a strong potential to yield positive returns. This investment process is always undertaken with a keen focus on balancing risk, ensuring that any gains are evaluated and pursued on a meticulously risk-adjusted foundation.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -0.73% | -0.56% | +1.78% | +2.45% | -12.54% | -2.06% | — | — | -0.60% |
| Total return | -0.73% | -0.56% | +1.79% | +2.46% | +1.91% | +4.98% | — | — | +5.17% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.85% | Annual cost of a $10,000 investment | $85.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 64 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | Oaktree Acquisition Corp III Life Sciences | OACC | 5.38% | 50.01K | $539.1K |
| 2 | NewHold Investment Corp IV | NHIV | 4.56% | 45.00K | $456.8K |
| 3 | Viking Acquisition Corp II | VII | 4.30% | 43.82K | $430.8K |
| 4 | Evolution Global Acquisition Corp | EVOX | 4.22% | 41.75K | $422.5K |
| 5 | OTG Acquisition Corp I | OTGA | 4.11% | 40.00K | $411.2K |
| 6 | Willow Lane Acquisition Corp II | WLII | 4.08% | 40.00K | $408.4K |
| 7 | Cantor Equity Partners V Inc | CEPV | 4.08% | 40.00K | $408.4K |
| 8 | Metals Acquisition Corp II | MTAL | 4.05% | 40.00K | $405.8K |
| 9 | Kensington Capital Acquisition Corp VI | KCA-UN | 4.04% | 40.00K | $404.8K |
| 10 | Dynamix Corp | DYNC | 4.02% | 37.00K | $402.9K |
| 11 | M Evo Global Acquisition Corp II | MEVO | 4.02% | 40.00K | $402.8K |
| 12 | Space Asset Acquisition Corp | SAAQ | 4.02% | 40.00K | $402.8K |
| 13 | Rainier Acquisition Corp | RNAQ | 4.00% | 40.00K | $401.0K |
| 14 | Aldabra 4 Liquidity Opportunity Vehicle Inc | ALOV | 4.00% | 40.00K | $400.8K |
| 15 | Hennessy Capital Investment Corp VIII | HCIC | 3.99% | 40.00K | $400.0K |
| 16 | Spartacus Acquisition Corp II | TMTS | 3.99% | 40.00K | $400.0K |
| 17 | Bleichroeder Acquisition Corp III | BCCQ | 3.97% | 40.00K | $397.6K |
| 18 | RRE Ventures Acquisition Corp | RREV | 3.96% | 40.00K | $396.8K |
| 19 | Crane Harbor Acquisition Corp II | CRAN | 3.65% | 36.19K | $365.5K |
| 20 | Yorkville International Capital Corp | YICC | 3.46% | 35.00K | $346.5K |
| 21 | Haymaker Acquisition Corp V | — | 3.30% | 33.00K | $330.3K |
| 22 | Oyster Enterprises II Acquisition Corp | OYSE | 3.12% | 30.00K | $312.1K |
| 23 | AI Infrastructure Acquisition Corp | AIIA | 3.07% | 30.00K | $307.9K |
| 24 | BTC Development Corp | BDCI | 2.55% | 25.16K | $255.2K |
| 25 | Inflection Point Acquisition Corp VI | IPFX | 2.13% | 21.30K | $213.8K |
Click a ticker to see every ETF that owns it.
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 16.29% | Paid (last 12 months) | $15.1313 |
| Frequency | Annual | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 23, 2025 | Last payment | $15.1313 (Dec 24, 2025) |
| Growth 1Y | +413.34% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 23, 2025 | Dec 23, 2025 | Dec 24, 2025 | $15.1313 |
| Dec 24, 2024 | Dec 24, 2024 | Dec 26, 2024 | $2.9476 |
| Dec 27, 2023 | Dec 28, 2023 | Dec 29, 2023 | $2.5298 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 6.92% / 7.36% | Sharpe 1Y / 3Y | -0.273 / 0.168 |
| Max drawdown 1Y / 3Y | -3.95% / -5.29% | Sortino 1Y | -0.374 |
| Beta vs S&P 500 (3Y) | 0.007 | Correlation vs S&P 500 (1Y) | 0.036 |
| Downside deviation 1Y | 5.05% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 10, 2026. Formulas →
Liquidity
| Volume today | 147 | Average volume | 173 |
| AUM | $10.0M | Premium/Discount | -0.26% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | $0.00 | 0.00% | $10.0M → $10.0M |
| 1 Month | $26.2K | +0.26% | $10.1M → $10.0M |
| 1 Week | $11.6K | +0.12% | $10.0M → $10.0M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for SPAQ
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.