Performance analysis of SPCZ (RIVERNORTH ENHANCED PRE-MERGER SPAC ETF)
Annual Return
Over the past 3 years, SPCZ has had an average annual return of +6.31%, underperforming the benchmark SPY, which returned +19.63% annual.
Since Jul 12, 2022, SPCZ has had an average annual return of +6.28%, underperforming the benchmark SPY, which returned +19.85% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.96% | +10.20% | +5.30% | +5.95% | +1.95% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.60% | +0.03% | -0.78% | -0.68% | +2.41% | +0.46% | -0.05% | +1.96% | |||||
| 2025 | +0.17% | +0.70% | +0.75% | +2.29% | +2.02% | -1.86% | +3.70% | +0.14% | +1.39% | +1.27% | -0.64% | -0.06% | +10.20% |
| 2024 | +0.55% | +0.80% | +0.40% | +0.76% | +0.14% | +0.22% | +0.35% | -0.49% | +1.63% | -0.19% | -0.66% | +1.71% | +5.30% |
| 2023 | +0.69% | +0.66% | +0.58% | +0.42% | +1.03% | +0.27% | +0.53% | +0.69% | +0.53% | +0.15% | -0.26% | +0.51% | +5.95% |
| 2022 | -0.02% | +0.08% | -0.05% | +0.75% | +0.55% | +0.63% | +1.95% |
Drawdown analysis of SPCZ (RIVERNORTH ENHANCED PRE-MERGER SPAC ETF)
The maximum drawdown for the SPCZ was -4.47%, occurring on Sep 3, 2024. Recovery took 16 trading sessions.
The current SPCZ drawdown is -3.36%.
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.47% | Aug 7, 2024 | 18 | Sep 3, 2024 | 16 | Sep 25, 2024 | 34 |
| -3.81% | Apr 29, 2026 | 1 | Apr 30, 2026 | 28 | Jun 10, 2026 | 29 |
| -3.51% | Jun 10, 2026 | 3 | Jun 15, 2026 | Ongoing | Ongoing | Ongoing |
| -3.50% | Jun 16, 2025 | 9 | Jun 30, 2025 | 16 | Jul 23, 2025 | 25 |
| -2.86% | Dec 29, 2025 | 6 | Jan 7, 2026 | 77 | Apr 29, 2026 | 83 |
| -1.34% | Oct 18, 2024 | 1 | Oct 21, 2024 | 44 | Dec 23, 2024 | 45 |
| -1.22% | Oct 15, 2025 | 44 | Dec 17, 2025 | 7 | Dec 29, 2025 | 51 |
| -1.11% | Dec 13, 2023 | 2 | Dec 15, 2023 | 12 | Jan 4, 2024 | 14 |
| -1.00% | Jul 25, 2025 | 9 | Aug 7, 2025 | 8 | Aug 19, 2025 | 17 |
| -0.94% | Oct 23, 2023 | 2 | Oct 25, 2023 | 6 | Nov 2, 2023 | 8 |
| -0.88% | Jan 4, 2024 | 3 | Jan 9, 2024 | 22 | Feb 9, 2024 | 25 |
| -0.87% | Feb 13, 2023 | 2 | Feb 15, 2023 | 30 | Mar 30, 2023 | 32 |
| -0.87% | Oct 3, 2024 | 7 | Oct 14, 2024 | 4 | Oct 18, 2024 | 11 |
| -0.82% | Jun 11, 2025 | 2 | Jun 13, 2025 | 1 | Jun 16, 2025 | 3 |
| -0.79% | Jul 14, 2022 | 4 | Jul 20, 2022 | 64 | Oct 19, 2022 | 68 |
| -0.75% | Jan 10, 2025 | 9 | Jan 24, 2025 | 9 | Feb 6, 2025 | 18 |
| -0.73% | Nov 10, 2023 | 11 | Nov 28, 2023 | 7 | Dec 7, 2023 | 18 |
| -0.72% | Nov 2, 2023 | 2 | Nov 6, 2023 | 4 | Nov 10, 2023 | 6 |
| -0.68% | Sep 24, 2025 | 3 | Sep 29, 2025 | 7 | Oct 8, 2025 | 10 |
| -0.67% | Aug 19, 2025 | 6 | Aug 27, 2025 | 9 | Sep 10, 2025 | 15 |
| -0.65% | Feb 9, 2024 | 1 | Feb 12, 2024 | 15 | Mar 5, 2024 | 16 |
| -0.63% | Sep 25, 2023 | 5 | Oct 2, 2023 | 11 | Oct 17, 2023 | 16 |
| -0.57% | Dec 7, 2023 | 3 | Dec 12, 2023 | 1 | Dec 13, 2023 | 4 |
| -0.48% | Jun 8, 2023 | 1 | Jun 9, 2023 | 13 | Jun 29, 2023 | 14 |
| -0.48% | May 27, 2025 | 2 | May 29, 2025 | 1 | May 30, 2025 | 3 |