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SOGU (AXS Short De-SPAC Daily ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
The index is comprised of twenty-five of the largest companies, based on market capitalization, that have completed a business combination transaction with a SPAC. The fund will invest in (1) U.S. government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; and/or (3) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality. It is non-diversified.
Is SOGU's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
On Monday, news broke that seven ETFs offering leveraged or inverse exposure to individual stocks would close in June. They will be the first single-stock ETFs to close.
A tech bear market may well come again in 2023. The technology sector (most of the Nasdaq-listed companies) has experienced a large increase over the past couple of months, most notably in January 2023.
Wall Street was downbeat last week as recessionary fears mounted on steeper Fed rate hikes. Rate hikes have been rampant globally.
SPAC issuance has been reduced to a trickle for most of 2022, but now even that is drying up. July is expected to be the first month with no blank check IPOs in over five years. In the last two years, the SPAC market has gone from boom to bust.
Little-known SOGU is the #1 unleveraged ETF YTD and #1 top-ranked ticker in the entire Seeking Alpha Quant Ratings asset universe of 2,008 ETFs. As the only ETF that tracks the inverse of the performance of post-SPAC merger (or de-SPAC) companies, SOGU is a way to profit from the problems in the SPAC world.