Issuer and category are assigned by StocksXray rules from the fund name. Expense ratio and net assets come from SEC filings; where a fund does not file them (for example grantor trusts) the field stays empty.
Returns and risk
1 month
−16.3%
3 months
+33.5%
6 months
n/a
Year to date
n/a
1 year
n/a
3 years a year
−22.6%
5 years a year
−12.9%
10 years a year
n/a
Volatility (1 year)
–
Largest drop, last year
–
Largest drop in our data
−75.3%
Total return includes distributions, from end-of-day prices adjusted for splits and distributions, to 22 Oct 2026. Periods of 3 years and longer are annualised and shown only when the fund's history is long enough. Volatility is the standard deviation of daily returns over the last year, annualised. Past performance does not guarantee future results.
Cost: expense ratio
We could not match an expense ratio for SPAX in the SEC prospectus data we read. Funds structured as trusts or notes, and very new funds, are often missing. We show nothing rather than a guess; the issuer's fact sheet has the figure.
Income: distributions
SPAX paid no distributions in the last 12 months. Its return comes from price change only.
Cash paid per current share (restated for share splits), before tax, from EODHD.
SPAX top holdings
#
Holding
Weight
1
First American Government Obli
8.11%
2
Black Spade Acquisition II Co
4.58%
3
Spree Acquisition Corp 1 Ltd
4.39%
4
Capitalworks Emerging Markets Acquisition Corp
3.34%
5
Launch Two Acquisition Corp
3.13%
6
Concord Acquisition Corp II
2.90%
7
Newbury Street II Acquisition Corp
2.79%
8
Dynamix Corp
2.69%
9
Drugs Made In America Acquisit
2.64%
10
GP-Act III Acquisition Corp
2.64%
The top 10 make up 37.2% of the fund, out of 106 holdings.
Positions as of 31 Jan 2025, from the fund's Form N-PORT filed with the SEC. Public N-PORT holdings are quarter-end positions published about 60 days later, so they can be months old and the fund may have changed since.
SPAX: frequently asked questions
What is SPAX?
SPAX is the ETF Opportunities ETF, listed on NYSE ARCA. By our rules it is classed as "Equity". Its latest SEC filing lists 106 holdings.
Does SPAX pay dividends?
No. We found no distributions for SPAX in the last 12 months.
What does SPAX hold?
The largest holdings in the latest SEC filing are First American Government Obli (8.1%), Black Spade Acquisition II Co (4.6%), Spree Acquisition Corp 1 Ltd (4.4%). The top 10 together make up 37.2% of the fund.
How has SPAX performed?
Total return including distributions to 22 Oct 2026: 3 years −22.6% a year, 5 years −12.9% a year. Past performance does not guarantee future results.
Where the numbers come from
Prices and distributions end-of-day data from EODHD; returns are our own calculations from it.
Expense ratio and holdings SEC filings (prospectus risk/return data and Form N-PORT).
Category, issuer and leverage assigned by StocksXray rules from the fund name.
X-Ray look-through our scores applied to the SEC holdings.
StocksXray is for education only and is not financial advice or a recommendation to buy or sell anything. Past performance does not guarantee future results; funds can lose value.
