Horizon Kinetics SPAC Active ETF SPAQ
Source: Yahoo Finance (opens in a new tab) Observed · 2 days ago Quotes may be delayed
- Expense ratio
- 0.85%
- Net assets
- $10.1M
- Holdings
- 60
- 12-month distribution yield
- 16.28%
- Asset class
- Equity
Horizon Kinetics SPAC Active ETF (SPAQ) is an exchange-traded fund listed on the Nasdaq in the United States. Its category is Equity · US (equity). Its last price was US$92.93 on 19 Oct 2026. Its expense ratio is 0.85% a year, from its prospectus dated 30 Apr 2026. It reported net assets of US$10.09 million as of 30 Jun 2026. Its latest holdings report lists 60 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$15.13 a unit, a 12-month distribution yield of 16.28%, paid yearly.
Fees
- Total annual operating expenses (gross)
- 0.85%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.85%
- Prospectus date
- 30 Apr 2026
- Filed with the SEC
- 27 Apr 2026
Size and reporting
- Net assets
- $10,086,585
- Total assets
- $10,093,626
- Holdings as of
- 30 Jun 2026
- Report made public
- 26 Aug 2026 (57 days after the month end)
Top holdings
Largest 25 of 60 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | Oaktree Acquisition Corp III L Oaktree Acquisition Corp III Life Sciences | KYG6717R1048 | 5.31% | $536K | Equity (common) | United States | USD |
| 2 | NewHold Investment Corp IV | KYG6486G1230 | 4.56% | $459K | Equity (common) | United States | USD |
| 3 | Wen Acquisition Corp | KYG9R39C1036 | 4.19% | $422K | Equity (common) | United States | USD |
| 4 | Evolution Global Acquisition C Evolution Global Acquisition Corp | KYG3226F1019 | 4.15% | $419K | Equity (common) | United States | USD |
| 5 | Cantor Equity Partners V Inc | KYG1828S1093 | 4.09% | $413K | Equity (common) | United States | USD |
| 6 | Willow Lane Acquisition Corp I Willow Lane Acquisition Corp II | KYG9675K1031 | 4.05% | $409K | Equity (common) | United States | USD |
| 7 | OTG Acquisition Corp I | KYG6791A1004 | 4.03% | $406K | Equity (common) | United States | USD |
| 8 | Space Asset Acquisition Corp | KYG8375S1012 | 4.03% | $406K | Equity (common) | United States | USD |
| 9 | Metals Acquisition Corp II | KYG604201098 | 4.03% | $406K | Equity (common) | Cayman Islands | USD |
| 10 | RRE Ventures Acquisition Corp | KYG770AL1119 | 4.01% | $404K | Equity (common) | United States | USD |
| 11 | Daedalus Special Acquisition C Daedalus Special Acquisition Corp | KYG2616C1087 | 4.00% | $404K | Equity (common) | United Kingdom | USD |
| 12 | Kensington Capital Acquisition Kensington Capital Acquisition Corp VI | KYG5235S1315 | 3.99% | $403K | Equity (common) | United States | USD |
| 13 | Spartacus Acquisition Corp II | KYG8303R1002 | 3.97% | $400K | Equity (common) | United States | USD |
| 14 | Dynamix Corp | KYG2949D1043 | 3.96% | $399K | Equity (common) | United States | USD |
| 15 | Aldabra 4 Liquidity Opportunit Aldabra 4 Liquidity Opportunity Vehicle Inc | KYG019001026 | 3.94% | $398K | Equity (common) | United States | USD |
| 16 | Hennessy Capital Investment Co Hennessy Capital Investment Corp VIII | KYG440551045 | 3.94% | $397K | Equity (common) | United States | USD |
| 17 | M Evo Global Acquisition Corp M Evo Global Acquisition Corp II | KYG6071J1022 | 3.93% | $397K | Equity (common) | United States | USD |
| 18 | Crane Harbor Acquisition Corp Crane Harbor Acquisition Corp II | KYG250141044 | 3.64% | $367K | Equity (common) | United States | USD |
| 19 | Yorkville International Capita Yorkville International Capital Corp | KYG986651217 | 3.49% | $352K | Equity (common) | United States | USD |
| 20 | Aldel Financial II Inc | KYG015581088 | 3.18% | $321K | Equity (common) | United States | USD |
| 21 | Oyster Enterprises II Acquisit Oyster Enterprises II Acquisition Corp | KYG6861F1046 | 3.07% | $309K | Equity (common) | United States | USD |
| 22 | AI Infrastructure Acquisition AI Infrastructure Acquisition Corp | KYG013361095 | 3.04% | $307K | Equity (common) | United States | USD |
| 23 | BTC Development Corp | KYG0701G1091 | 2.51% | $253K | Equity (common) | United States | USD |
| 24 | Jackson Acquisition Co II | KYG4992A1105 | 2.46% | $248K | Equity (common) | United States | USD |
| 25 | Titan Acquisition Corp | KYG8901A1031 | 2.21% | $223K | Equity (common) | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity (common) | 98.20% | |
| Equity derivatives | 1.66% | |
| Short-term investment vehicles (cash funds) | 0.21% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 91.80% | |
| Cayman Islands | 4.16% | |
| United Kingdom | 4.11% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 100.07% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $15.1310
- 12-month yield
- 16.28%
- Frequency
- Yearly
- Latest ex-date
- 23 Dec 2025
12-month yield = distributions per unit with an ex-date in the last 12 months ($15.1310) ÷ latest price ($92.93) × 100 = 16.28%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (3 payments)
| Ex-date | Amount per unit |
|---|---|
| 23 Dec 2025 | $15.1310 |
| 24 Dec 2024 | $2.9480 |
| 27 Dec 2023 | $2.5300 |
Filings and sources
- Form N-PORT report for June 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000078973) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- SPAQ and VTI Vanguard Morningstar Total Stock Market ETF
- SPAQ and VOO Vanguard S&P 500 ETF
- SPAQ and IVV iShares Core S&P 500 ETF
- SPAQ and QQQ Invesco QQQ Trust, Series 1