ETF Education Report: SPCY

What this ETF is trying to do

The SPCY ETF (STKd 100% SMCI & 100% NVDA ETF) is an exchange-traded fund listed on the NASDAQ. Based on its name, this fund focuses on specific companies. However, the specific details regarding its current holdings and their weights were not provided in the data.

What the numbers show

As of December 22, 2025, the current price of one share is $18.37.

When looking at how an ETF has performed, it is important to look at two different things: price return and total return. Price return only tracks how much the share price moves up or down. Total return includes those price changes plus any cash distributions paid out to investors. For this ETF, data for one-year, three-year, and year-to-date (YTD) price returns and total returns were not supplied.

Income and distribution explanation

Some investors look for ETFs that pay them regular cash, which is called a distribution. The "distribution yield" tells you how much cash was paid out relative to the share price.

For SPCY, the distribution yield is 0%. The data shows no distributions were detected over the last 12 months. This means the fund has not been paying out regular cash income to shareholders during this period.

NAV erosion explanation

"NAV" stands for Net Asset Value, which is the actual value of the assets held inside the ETF. "NAV erosion" is a term used when the value of those underlying assets declines significantly over time.

Because there is not enough verified price history available, an erosion score was not provided. There is no severe erosion-risk flag for this ETF at this time.

Pros

• The fund is listed on a major exchange (NASDAQ).

• There is no indication of a severe erosion-risk flag based on the current data.

Cons

• Total return and price return data were not supplied, making it difficult to see how the fund has performed historically.

• No cash distributions or income have been detected in the last 12 months.

• Specific information about the top holdings was not available in the provided data.

Beginner takeaway

When learning about ETFs, remember that a share price moving up or down is only one part of the story. Always look for both the price return and the total return to get a full picture. If an ETF does pay distributions, remember that high yields do not guarantee that your original investment (your principal) will stay safe. This report is for educational purposes only and is not financial advice.