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Horizon Kinetics SPAC Active ETF (SPAQ)

Financial | Exchange Traded Fund | NasdaqGM
90.76 USD -0.82 (-0.895%) ⇩ (April 17, 2026, 4 p.m. EDT)
After hours: 90.76 -0.21 (-0.205%) ⇩ (April 17, 2026, 4:04 p.m. EDT)

Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★★☆
Hot Take | April 11, 2026, 3:30 p.m. EDT

SPAQ has shown mixed short-term momentum with recent price fluctuations around the $91 mark, slightly below the 50-day average. The recent dividend yield is high at 15.63%, suggesting strong payouts, but the dividend history reveals inconsistent amounts, with a significant jump in 2025. This could indicate a potential one-time event rather than a sustainable yield. The forecasting model suggests a slight downward trend in the next 45 days, with low confidence due to the high H-Stat and low Ljung-Box p-value. Long-term investors should be cautious due to the lack of consistent fundamentals, while short-term traders may look for potential dips or momentum opportunities.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.004030
MSTL0.004156
AutoTheta0.007693
AutoARIMA0.011065

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 71%
H-stat 1.26
Ljung-Box p 0.000
Jarque-Bera p 0.223
Excess Kurtosis 0.61
Attribute Value
Trailing P/E 36.72

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
16.51% 16.51%
Dividend History
Date Dividend Yield %
2025-12-23 15.131 16.512249
2024-12-24 2.948 3.494407
2023-12-27 2.530 3.125655
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 15.63

Info Dump

Attribute Value
All Time High 108.25
All Time Low 89.431
Ask 92.27
Ask Size 1
Average Daily Volume10 Day 330
Average Daily Volume3 Month 262
Average Volume 262
Average Volume10Days 330
Beta3 Year 0.03
Bid 89.73
Bid Size 1
Category Financial
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 90.96
Day Low 90.69
Dividend Yield 15.63
Eps Trailing Twelve Months 2.4716117
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 90.97914
Fifty Day Average Change -0.22414398
Fifty Day Average Change Percent -0.0024636853
Fifty Two Week Change Percent -9.789872
Fifty Two Week High 108.25
Fifty Two Week High Change -17.495003
Fifty Two Week High Change Percent -0.16161665
Fifty Two Week Low 89.431
Fifty Two Week Low Change 1.3239975
Fifty Two Week Low Change Percent 0.014804682
Fifty Two Week Range 89.431 - 108.25
First Trade Date Milliseconds 1,675,089,000,000
Full Exchange Name NasdaqGM
Fund Family Horizon Kinetics
Fund Inception Date 1,674,777,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,023-01-30
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively-managed exchange-traded fund that pursues its investment objective primarily by investing, under normal circumstances, in special purpose acquisition companies (“SPACs”) that, the fund’s investment sub-adviser, believes will generate net realized capital gains in excess of the income derived from bank certificates of deposit with similar maturities. The fund is non-diversified.
Long Name Horizon Kinetics SPAC Active ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_58225506
Nav Price 91.9194
Net Assets 9,832,658.0
Net Expense Ratio 0.85
Open 90.69
Post Market Change -0.20500183
Post Market Change Percent -0.2253758
Post Market Price 90.755
Post Market Time 1,776,456,287
Previous Close 91.575
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.8199997
Regular Market Change Percent -0.8954406
Regular Market Day High 90.96
Regular Market Day Low 90.69
Regular Market Day Range 90.69 - 90.96
Regular Market Open 90.69
Regular Market Previous Close 91.575
Regular Market Price 90.755
Regular Market Time 1,776,456,000
Regular Market Volume 895
Short Name Horizon Kinetics SPAC Active ET
Source Interval 15
Symbol SPAQ
Three Year Average Return 0.0437703
Total Assets 9,832,658
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 36.718952
Trailing Peg Ratio None
Trailing Three Month Nav Returns -0.1966
Trailing Three Month Returns -0.1966
Triggerable 1
Two Hundred Day Average 99.532875
Two Hundred Day Average Change -8.777878
Two Hundred Day Average Change Percent -0.08819074
Type Disp ETF
Volume 895
Yield 0.15630001
Ytd Return -0.1966