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Defiance Next Gen SPAC Derived ETF is an exchange-traded fund (ETF) that tracks the performance of the U.S.-listed common stock of special purpose acquisitions corporations (SPACs) and companies derived from SPACs. The fund invests 60% of its net assets into IPO companies derived from SPACs, while 40% is allocated to common stock of newly listed SPACs, ex-warrants.
Defiance Next Gen SPAC Derived ETF is a part of Defiance ETFs. Founded in 2018, Defiance ETFs is an exchange-traded funds sponsor and registered investment advisor focused on thematic investing. Defiance Next Gen SPAC Derived ETF was launched on September 30, 2020. In the year 2020, the fund was managed by Dustin Lewellyn, Ernesto Tong, and Anand Desai.

