SPAX — Robinson Alternative Yield Pre-Merger SPAC ETF
Data updated: 2025-03-27
SPAX — Robinson Alternative Yield Pre-Merger SPAC ETF. Holdings, fees, performance and SEC filings.
SPAX Fund Overview
SPAX — Robinson Alternative Yield Pre-Merger SPAC ETF is a US ETF managed by Tidal Trust I, categorised as Global (incl. US) Small Cap Blend / Core Financials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Tidal Trust I
- Category: Global (incl. US) Small Cap Blend / Core Financials Equity
- Assets under management: $7.58M
- 1-year return: 4.2%
- Ticker: SPAX
- SEC CIK: 0001742912
- SEC series ID: S000072268
- Share class ID: C000228355
SPAX Holdings
Top 10 holdings of Robinson Alternative Yield Pre-Merger SPAC ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| First American Government Obli | 8.11% |
| Black Spade Acquisition II Co | 4.58% |
| Spree Acquisition Corp 1 Ltd | 4.39% |
| Capitalworks Emerging Markets Acquisition Corp | 3.34% |
| Launch Two Acquisition Corp | 3.13% |
| Concord Acquisition Corp II | 2.90% |
| Newbury Street II Acquisition Corp | 2.79% |
| Dynamix Corp | 2.69% |
| Drugs Made In America Acquisit | 2.64% |
| GP-Act III Acquisition Corp | 2.64% |
SPAX Portfolio Allocation
Asset-class allocation of Robinson Alternative Yield Pre-Merger SPAC ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 54.2% |
| Cash & Equivalents | 8.3% |
SPAX Performance
Total returns for SPAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 4.2% |
| 3 years (annualised) | 4.4% |
SPAX Risk Information
Risk metrics for SPAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 1.0%
SPAX Costs and Fees
SPAX costs about $86 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.86%
- Gross expense ratio: 0.86%
- Portfolio turnover: 122%
- Brokerage commissions: 10.92 bps of average net assets (SEC N-CEN)
SPAX Cashflows
Over the 12 months to 2025-01, Robinson Alternative Yield Pre-Merger SPAC ETF had net outflows of $9.65M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-01 | $0 |
| 2024-12 | −$509.35K |
| 2024-11 | $0 |
| 2024-10 | −$4.53M |
| 2024-09 | $0 |
| 2024-08 | −$1.02M |
SPAX Debt Constituents
No individual debt constituents are reported in Robinson Alternative Yield Pre-Merger SPAC ETF's latest SEC N-PORT filing.
SPAX Prospectus and SEC Filings
Official Robinson Alternative Yield Pre-Merger SPAC ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-08-25
- Prospectus (485BPOS) — filed 2022-08-26
- Prospectus supplement (497) — filed 2024-08-28
- Portfolio holdings (N-PORT) — filed 2025-03-27
- Portfolio holdings (N-PORT) — filed 2024-12-30
- Portfolio holdings (N-PORT) — filed 2024-09-30
- Annual census (N-CEN) — filed 2024-07-15
- Annual census (N-CEN) — filed 2023-07-13
Related Funds
Other Global (incl. US) Small Cap Blend / Core Financials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.