BACQU vs FOXF

Comparison between Merlin Inc - Units (1Ord Class A & 1 Rights) (BACQU, Company) and Fox Factory Holding Corp (FOXF, Company).

BACQU is from the Financial Services sector, while FOXF is from the Consumer Cyclical sector.

BACQU vs FOXF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BACQU(COMPANY)	FOXF(COMPANY)
Market Cap	$781M	$780M
Max Drawdown	26.63%	92.98%
Sharpe Ratio	0.17	-0.74
5Y Beta	0.05	1.49
Industry	Shell Companies	Auto Parts
P/E Ratio	N/A	-2.59
Forward P/E	N/A	13.93
PEG Ratio	N/A	-0.13
Debt to Equity	0.00%	77.75%
Free Cash Flow Yield	-3.45%	1.54%
P/S Ratio	N/A	0.53
P/B Ratio	N/A	1.16

Market Cap

Winner

BACQU

$781M

FOXF

$780M

Max Drawdown

Winner

BACQU

26.63%

FOXF

92.98%

Sharpe Ratio

Winner

BACQU

0.17

FOXF

-0.74

5Y Beta

Winner

BACQU

0.05

FOXF

1.49

Industry

BACQU

Shell Companies

FOXF

Auto Parts

P/E Ratio

BACQU

N/A

FOXF

-2.59

Forward P/E

BACQU

N/A

FOXF

13.93

PEG Ratio

BACQU

N/A

FOXF

-0.13

Debt to Equity

Winner

BACQU

0.00%

FOXF

77.75%

Free Cash Flow Yield

BACQU

-3.45%

Winner

FOXF

1.54%

P/S Ratio

BACQU

N/A

FOXF

0.53

P/B Ratio

BACQU

N/A

FOXF

1.16

BACQU vs FOXF - Historical Returns

Returns include dividend reinvestment.

Period	BACQU	FOXF
1 month	+0.00%	+0.00%
3 months	+0.00%	+4.58%
6 months	-8.86%	-2.99%
1 year	+3.87%	-39.13%
5 years(CAGR)	N/A	-35.35%
10 years(CAGR)	N/A	-0.02%
Max(CAGR)	+5.77%	-0.04%

BACQU

+0.00%

FOXF

+0.00%

BACQU

+0.00%

Winner

FOXF

+4.58%

BACQU

-8.86%

Winner

FOXF

-2.99%

Winner

BACQU

+3.87%

FOXF

-39.13%

5Y(CAGR)

BACQU

N/A

FOXF

-35.35%

10Y(CAGR)

BACQU

N/A

FOXF

-0.02%

Max(CAGR)

Winner

BACQU

+5.77%

FOXF

-0.04%

BACQU vs FOXF - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	BACQU	FOXF
2026	-6.78%	+6.26%
2025	+17.65%	-41.58%
2024	+0.67%	-55.69%
2023	N/A	-26.44%
2022	N/A	-44.50%
2021	N/A	+64.49%
2020	N/A	+48.99%
2019	N/A	+22.07%
2018	N/A	+51.92%
2017	N/A	+44.69%
2016	N/A	+70.87%
2015	N/A	+3.38%
2014	N/A	-4.13%
2013	N/A	-5.32%

BACQU vs FOXF Drawdown Comparison

The maximum drawdown for BACQU was -26.63%, occurring on Feb 13, 2026. This drawdown has not yet recovered.

The maximum drawdown for FOXF was -92.98%, occurring on Nov 20, 2025. This drawdown has not yet recovered.

The current BACQU drawdown is -21.26%. The current FOXF drawdown is -90.15%.

Rank	BACQU	FOXF
#1	-26.63% Oct 24, 2025 - Feb 13, 2026	-92.98% Nov 15, 2021 - Nov 20, 2025
#2	-2.67% Apr 25, 2025 - May 29, 2025	-58.17% Jul 26, 2019 - Jun 5, 2020
#3	-1.40% Jun 10, 2025 - Jul 2, 2025	-35.26% Aug 14, 2020 - Jan 6, 2021
#4	-1.21% Jul 2, 2025 - Aug 14, 2025	-32.03% Sep 27, 2013 - Aug 4, 2016
#5	-0.85% May 29, 2025 - Jun 10, 2025	-29.74% Sep 20, 2018 - Nov 16, 2018
#6	-0.59% Feb 24, 2025 - Apr 1, 2025	-28.52% Nov 16, 2018 - Apr 10, 2019
#7	-0.49% Feb 12, 2025 - Feb 24, 2025	-24.77% Oct 20, 2017 - Jun 20, 2018
#8	-0.34% Apr 1, 2025 - Apr 24, 2025	-16.90% Apr 16, 2019 - Jun 21, 2019
#9	-0.30% Jan 10, 2025 - Jan 17, 2025	-14.24% Apr 26, 2021 - Nov 2, 2021
#10	-0.30% Feb 3, 2025 - Feb 12, 2025	-14.14% Feb 24, 2021 - Apr 20, 2021
#11	-0.21% Dec 23, 2024 - Jan 10, 2025	-12.06% Sep 30, 2016 - Nov 11, 2016
#12	-0.20% Nov 20, 2024 - Dec 2, 2024	-11.90% Jun 5, 2020 - Jul 27, 2020
#13	-0.15% Dec 2, 2024 - Dec 23, 2024	-10.80% Aug 8, 2013 - Sep 12, 2013
#14	-0.14% Jan 17, 2025 - Jan 28, 2025	-10.38% Mar 3, 2017 - Apr 24, 2017
#15	-0.12% Nov 7, 2024 - Nov 15, 2024	-9.43% Jan 11, 2017 - Mar 2, 2017

Correlation

Correlation between BACQU and FOXF is -0.51 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.51

-101