SPCKvsFBDCETF Comparison
VS
ETF 2
FBDC
FT Confluence BDC & Specialty Finance Income ETF - USD
This fund is part of
Uncategorized Equities
-0.32%
SPAC and New Issue ETF (SPCK) and FT Confluence BDC & Specialty Finance Income ETF - USD (FBDC) belong to the same industry segment: Uncategorized Equities. Both ETFs have the same top 1 sector exposures: Finance. SPCK is less expensive with a Total Expense Ratio (TER) of 3.07%, versus 12.44% for FBDC. SPCK is down -0.72% year-to-date (YTD) with +$559K in YTD flows. FBDC performs worse with -3.3% YTD performance, and +$2M in YTD flows. Run a side-by-side ETF comparison of SPCK and FBDC below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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SPCK vs FBDC performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SPCK FBDC | -1.91%-2.82% | -2.52%-0.43% | -0.72%-3.30% | -3.11%-0.95% | +10.38%n/a | -8.56%n/a |
| Flows | SPCK FBDC | -+$858K | -+$2M | +$559K+$2M | +$559K-$219K | -$8M- | -$68M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SPCK FBDC | +11.80%+16.00% | +6.74%+18.18% | +6.28%n/a | +8.05%n/a |
| Max drawdown | SPCK FBDC | -6.90%-8.57% | -6.90%-14.81% | -6.95%n/a | -20.29%n/a |
| Max drawdown duration | SPCK FBDC | 46d63d | 46d239d | 434dn/a | 1795dn/a |
Trading data
SPCK | FBDC | |
Last sale 10/16/2026 at 1:30 PM | $21.60 | $16.41 |
| Previous close 10/15/2026 | $21.64 | $16.70 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
SPCK | FBDC | |
|---|---|---|
| Last price | $21.60 | $16.41 |
| 1D performance | -0.17% | -1.74% |
| AuM | $8.11 M | $35.32 M |
| E/R | 3.07% | 12.44% |
Characteristics
SPCK | FBDC | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Tuttle Capital Management | First Trust |
| Benchmark | - | - |
| N° of holdings | 39 | 20 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 16, 2020 | June 27, 2025 |
| ESG | No | No |
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Exposure
Countries
SPCK
USA
76.88%
Other
23.12%
FBDC
USA
95.59%
Other
4.41%
Sectors
SPCK
Finance
86.99%
Other
13.01%
FBDC
Finance
95.59%
Other
4.41%
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Diversification
SPCK
Total weight of top 15 holdings out of 15
53.8%
FBDC
Total weight of top 15 holdings out of 15
89.25%
Top 15 holdings
Data as of August 31, 2026
SPCK
FR0014019QW4
7.54%
Cohen Circle Acquisition Corp. II
4.50%
FG Imperii Acquisition Corp.
4.05%
Cantor Equity Partners VI, Inc.
3.86%
Berto Acquisition Corp.
3.71%
Twelve Seas Investment Co. III
3.31%
Praetorian Acquisition Corp.
3.16%
RRE Ventures Acquisition Corp.
3.14%
Art Technology Acquisition Corp.
3.14%
Collective Acquisition Corp. II
3.13%
Tribeca Strategic Acquisition Corp.
3.12%
FutureCorp Space Acquisition 1
2.94%
West Enclave Merger Corp.
2.83%
Cantor Equity Partners I, Inc.
2.69%
Velos Acquisition I Corp.
2.67%
FBDC
Main Street Capital Corp
12.58%
Hercules Capital, Inc.
11.40%
Ares Capital Corp.
9.64%
Golub Capital BDC, Inc.
9.07%
Sixth Street Specialty Lending, Inc.
8.18%
Blackstone Secured Lending Fund
6.57%
Blue Owl Capital Corp.
6.44%
Barings BDC, Inc.
5.27%
Capital Southwest Corp
4.70%
New Mountain Finance Corp.
4.14%
MidCap Financial Investment Corp
2.64%
Bain Capital Specialty Finance, Inc.
2.33%
Oaktree Specialty Lending Corp.
2.31%
Morgan Stanley Direct Lending Fund
2.09%
Kayne Anderson BDC, Inc.
1.89%
Frequently asked questions about SPCK and FBDC
How have the SPCK and FBDC ETFs performed in 2026?
As of October 15, 2026, SPCK is down -0.72% year-to-date (YTD), while FBDC has lost -3.3%. That puts SPCK better performer ahead so far this year.
Which ETF is attracting more investor money: SPCK or FBDC?
Year-to-date, the SPCK ETF saw +$559K in flows, compared to +$2M for FBDC.
Which ETF is more volatile: SPCK or FBDC?
Over the past year, SPCK had a volatility of 6.74%, while FBDC experienced 18.18%.
Which ETF is bigger: SPCK or FBDC?
As of October 15, 2026, SPCK holds $8.11 M in assets under management (AUM), while FBDC manages $35.32 M.
What sectors do the SPCK and FBDC ETFs invest in?
SPCK leans toward sectors like Finance. Meanwhile, FBDC focuses on Finance.
What are the top holdings of the SPCK ETF and FBDC ETF?
SPCK top holdings include FR0014019QW4, Cohen Circle Acquisition Corp. II and FG Imperii Acquisition Corp.. FBDC holds in its top three: Main Street Capital Corp, Hercules Capital, Inc. and Ares Capital Corp..
Which ETF is more diversified: SPCK or FBDC?
SPCK holds 42 securities with 53.8% of its assets in the top 15. FBDC has 20 securities and a top 15 weight of 89.25%.
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