Another reason CSD has been successful this year because of a favorable environment for small- and mid-cap stocks. Of the aforementioned stocks, only Kraft and TripAdvisor exceed market caps of $10 billion, the dividing line between large- and mid-cap. TripAdvisor has been a large-cap for just a few days.
Bottom line: While the crop of spin-offs this year does not appear to be large, CSD has the potential to keep delivering big returns.
Guggenheim Spin-Off ETF
ETF Trends editorial team contributed to this post.