# SPAQ (Horizon Kinetics SPAC Active ETF) Horizon Kinetics · Stock ETFs · Financials · data as of Nov 12, 2026 SPAQ returned +1.6% over the year to Nov 12, 2026, charges 0.85% a year and holds $10m in net assets on Jun 30, 2026. Promise check: Not measured. It names no index it tracks. https://etfiq.com/promise-index/stocks/ SPAQ is actively managed and returned +1.6% over the past year. ## Key facts - SPAQ, total return, 1 year: +1.6%, as of Nov 12, 2026. - SPAQ, expense ratio: 0.85%, as of Apr 27, 2026. - SPAQ, holdings: 37, as of Jun 30, 2026. - SPAQ, below its high: −1.8%, as of Nov 12, 2026. - SPAQ, 12-month yield, capital gains included, on its starting price: 14.3%, as of Nov 12, 2026. - SPAQ, last payment (paid annually), ex-date Dec 23, 2025: $15.1313, as of Dec 23, 2025. - SPAQ, net assets: $10m (SEC filing, whole fund, as filed for Jun 30, 2026). ## SPAQ over each window to Nov 12, 2026 | Window | Total return | S&P 500 (SPY) | | --- | --- | --- | | 1 month | −0.6% | −2.7% | | 3 months | −1.8% | −2.4% | | 6 months | +0.3% | +1.7% | | Year to date | +2.0% | +11.9% | | 1 year | +1.6% | +12.0% | | 3 years | +14.8% | +78.3% | | Since launch | +20.5% | +98.2% | | Since launch, annualised | +5.0% | – | ## SPAQ key stats - 52-week high, daily closes to Nov 12, 2026: $107.48 on Dec 18, 2025 (computed by ETFIQ from Tiingo daily prices) - 52-week low, daily closes to Nov 12, 2026: $89.43 on Jan 5, 2026 (computed by ETFIQ from Tiingo daily prices) - Close on Nov 12, 2026, within that range: $92.44, 17% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices) - Holdings: 37 - Top ten weight: 42.4% ## SPAQ trading - Not scored. - The full trading page: https://etfiq.com/funds/spaq/trading/ ## SPAQ for holders outside the US - US tax withheld on dividends, no treaty: 30% () - Treaty rates on dividends (IRS table, read Oct 30, 2026): 65 countries, 10% to 30% () - SPAQ interest-related and short-term gain dividends: not read by ETFIQ - US estate tax filing threshold, non-resident holders: $60,000 () - Share class: Distributing () Facts from the IRS, not tax advice. ## Every published field | Field | Value | Source | | --- | --- | --- | | What it tracks | No index, actively managed | ETFIQ | | Fund type | Equity fund | ETFIQ | | Category | Stocks · Financials | ETFIQ | | Region | United States | ETFIQ | | Expense ratio | 0.85% | 485BPOS XBRL, Apr 27, 2026 | | Price | $92.44 | ETFIQ | | First traded | Jan 30, 2023 | ETFIQ | | Net assets | $10m | SEC filing, whole fund, as filed for Jun 30, 2026 | | Benchmark | Its own holdings, as of Jun 30, 2026; its prospectus names no index it tracks | ETFIQ, from its filings | | Below its high | −1.8% | ETFIQ | | Holdings | 37 | ETFIQ | | Top ten weight | 42.4% | ETFIQ | | Cash, not in the top ten | 1.8% | ETFIQ | | Holdings as of | Jun 30, 2026 | SEC N-PORT | | Already in the S&P 500, by weight | 0.0% | ETFIQ | | Active share vs the S&P 500 | 100.0% | ETFIQ | | Already in the Nasdaq-100, by weight | 0.0% | ETFIQ | | Promise check | Not measured. It names no index it tracks. | ETFIQ | ## Questions ### How has SPAQ performed? Over the year to Nov 12, 2026, SPAQ returned +1.6% with distributions reinvested. Over three years the number is +14.8%. ### What does SPAQ cost? The prospectus expense ratio is 0.85% a year. ### What does SPAQ hold? 37 positions as filed for Jun 30, 2026, with the top ten at 42.4% of the fund. 0% of its weight is in stocks the S&P 500 also holds. ### How far is SPAQ below its high? 1.8% below its high of Aug 12, 2026, measured on the reinvested series to Nov 12, 2026. ## Cite this page ETFIQ, SPAQ, stock fund, data as of Nov 12, 2026. https://etfiq.com/funds/spaq Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at . HTML: https://etfiq.com/funds/spaq · JSON: https://etfiq.com/funds/spaq.json