Eoin, your SPAC Index. Is that a composite that you have drawn up from active SPACs? I have looked a few indices for this, but they show nowhere the decline yours does, I suspect that is because they will have a lot of weighting towards dormant SPACs that are trading in and around the $10 level.
Thank you for this question which others may also be interested in. The SPAC Index was created by IPOX. Here is how they describe it on their website:
The IPOX® SPAC Index is designed to track the aftermarket performance of Special Purpose Acquisition Companies (SPACs) which pursued initial public offerings (IPO) in the U.S. The index is an applied market-cap weighted index measuring the performance of the top publicly traded SPACs. The index is actively reconstituted and adjusted.
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