THE SHORT DE-SPAC ETF - USD

The Short De-SPAC ETF (SOGU) is the first ETF to offer pure-play short exposure to private companies that come public as the result of a merger with a Special Purpose Acquisition Company (SPAC). It seeks to achieve the inverse (-1x) of the daily return of The DeSPAC Index, an equally-weighted index of 25 companies that have de-SPAC'd over the past 12-months on a rolling basis. With over 400 SPACs representing $136 billion in capital currently searching for a target, the de-SPAC trend is just now heating up.