RiverNorth Market Neutral ETF (SPCZ)Financial | Exchange Traded Fund | Cboe US
26.06 USD
0.00
(-0.019%) ⇩
(July 2, 2026, 10:03 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 3:44 a.m. EDT
The RiverNorth Market Neutral ETF presents a classic case of high yield masking a lack of directional momentum. While the 9.46% dividend yield is substantial, the absence of any price history or dividend distribution data makes it impossible to verify if this payout is sustainable or merely a reflection of the fund's hedging costs rather than genuine earnings power. The price action shows the asset trading near its 52-week lows with negligible volume, suggesting a lack of active interest and no clear upward trajectory. Without a track record of price appreciation or consistent distributions, the investment case relies entirely on the assumption that the yield will persist, which carries significant uncertainty given the zero historical data available. |
| Attribute | Value |
|---|---|
| Trailing P/E | 35.89 |
| Attribute | Value |
|---|---|
| All Time High | 29.01 |
| All Time Low | 24.83 |
| Ask | 39.09 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 1,682 |
| Average Daily Volume3 Month | 2,077 |
| Average Volume | 2,077 |
| Average Volume10Days | 1,682 |
| Beta3 Year | 0.02 |
| Bid | 13.03 |
| Bid Size | 1,000 |
| Category | Financial |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 26.055 |
| Day Low | 26.055 |
| Dividend Yield | 9.46 |
| Eps Trailing Twelve Months | 0.7259575 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.994852 |
| Fifty Day Average Change | 0.06014824 |
| Fifty Day Average Change Percent | 0.0023138518 |
| Fifty Two Week Change Percent | -6.0346246 |
| Fifty Two Week High | 29.01 |
| Fifty Two Week High Change | -2.955 |
| Fifty Two Week High Change Percent | -0.101861425 |
| Fifty Two Week Low | 24.83 |
| Fifty Two Week Low Change | 1.2250004 |
| Fifty Two Week Low Change Percent | 0.0493355 |
| Fifty Two Week Range | 24.83 - 29.01 |
| First Trade Date Milliseconds | 1,784,295,000,000 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.00499916 |
| Fullday Change Percent | -0.0191833 |
| Fullday Price | 26.055 |
| Fund Family | TrueShares |
| Fund Inception Date | 1,657,497,600 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | Under normal market conditions, the fund seeks to invest primarily in units made up of common stock, warrants and rights of U.S.-listed special purpose acquisition companies (“SPACs”). In seeking to achieve the fund’s investment objective, the sub-adviser will monitor the fund’s portfolio and adjust positions based on changes in expectations of the investments or the availability of better alternatives. At least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in Pre-Merger SPACs. The fund is non-diversified. |
| Long Name | RiverNorth Market Neutral ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1784803675 |
| Nav Price | 26.0233 |
| Net Assets | 7,146,309.0 |
| Net Expense Ratio | 0.59 |
| Open | 25.87 |
| Previous Close | 26.06 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.00499916 |
| Regular Market Change Percent | -0.0191833 |
| Regular Market Day High | 26.055 |
| Regular Market Day Low | 26.055 |
| Regular Market Day Range | 26.055 - 26.055 |
| Regular Market Open | 25.87 |
| Regular Market Previous Close | 26.06 |
| Regular Market Price | 26.055 |
| Regular Market Time | 1,783,000,988 |
| Regular Market Volume | 7 |
| Short Name | RiverNorth Enhanced Pre-Merger |
| Source Interval | 15 |
| Symbol | SPCZ |
| Three Year Average Return | 0.060766503 |
| Total Assets | 7,146,309 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 35.89053 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 1.84433 |
| Trailing Three Month Returns | 1.84433 |
| Triggerable | 1 |
| Two Hundred Day Average | 26.590517 |
| Two Hundred Day Average Change | -0.53551674 |
| Two Hundred Day Average Change Percent | -0.020139389 |
| Type Disp | ETF |
| Volume | 7 |
| Yield | 0.0946 |
| Ytd Return | 1.93582 |