BACQU vs SXC

Comparison between Merlin Inc - Units (1Ord Class A & 1 Rights) (BACQU, Company) and SunCoke Energy Inc (SXC, Company).

BACQU is from the Financial Services sector, while SXC is from the Basic Materials sector.

BACQU vs SXC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BACQU(COMPANY)	SXC(COMPANY)
Market Cap	$781M	$780M
Max Drawdown	26.63%	90.99%
Sharpe Ratio	0.20	0.56
5Y Beta	0.05	0.77
Industry	Shell Companies	Coking Coal
P/E Ratio	N/A	21.06
Forward P/E	N/A	12.25
PEG Ratio	N/A	1.98
Dividend Yield	N/A	5.08%
5Y Dividends CAGR	N/A	20.11%
5Y EPS CAGR	N/A	0.18%
Debt to Equity	0.00%	113.44%
Free Cash Flow Yield	-3.45%	9.89%
P/S Ratio	N/A	0.41
P/B Ratio	N/A	1.31

Market Cap

Winner

BACQU

$781M

SXC

$780M

Max Drawdown

Winner

BACQU

26.63%

SXC

90.99%

Sharpe Ratio

BACQU

0.20

Winner

SXC

0.56

5Y Beta

Winner

BACQU

0.05

SXC

0.77

Industry

BACQU

Shell Companies

SXC

Coking Coal

P/E Ratio

BACQU

N/A

SXC

21.06

Forward P/E

BACQU

N/A

SXC

12.25

PEG Ratio

BACQU

N/A

SXC

1.98

Dividend Yield

BACQU

N/A

SXC

5.08%

5Y Dividends CAGR

BACQU

N/A

SXC

20.11%

5Y EPS CAGR

BACQU

N/A

SXC

0.18%

Debt to Equity

Winner

BACQU

0.00%

SXC

113.44%

Free Cash Flow Yield

BACQU

-3.45%

Winner

SXC

9.89%

P/S Ratio

BACQU

N/A

SXC

0.41

P/B Ratio

BACQU

N/A

SXC

1.31

BACQU vs SXC - Historical Returns

Returns include dividend reinvestment.

Period	BACQU	SXC
1 month	+0.00%	+26.41%
3 months	+0.00%	+58.45%
6 months	-4.18%	+37.44%
1 year	+4.86%	+16.69%
5 years(CAGR)	N/A	+8.37%
10 years(CAGR)	N/A	+6.44%
Max(CAGR)	+6.24%	-1.62%

BACQU

+0.00%

Winner

SXC

+26.41%

BACQU

+0.00%

Winner

SXC

+58.45%

BACQU

-4.18%

Winner

SXC

+37.44%

BACQU

+4.86%

Winner

SXC

+16.69%

5Y(CAGR)

BACQU

N/A

SXC

+8.37%

10Y(CAGR)

BACQU

N/A

SXC

+6.44%

Max(CAGR)

Winner

BACQU

+6.24%

SXC

-1.62%

BACQU vs SXC - Annual Returns (2011 - 2026)

Returns include dividend reinvestment.

Year	BACQU	SXC
2026	-6.78%	+28.44%
2025	+17.65%	-27.65%
2024	+0.67%	+3.70%
2023	N/A	+32.44%
2022	N/A	+31.26%
2021	N/A	+47.22%
2020	N/A	-25.25%
2019	N/A	-28.08%
2018	N/A	-29.57%
2017	N/A	+6.11%
2016	N/A	+199.21%
2015	N/A	-80.95%
2014	N/A	-14.85%
2013	N/A	+41.33%
2012	N/A	+35.92%
2011	N/A	-34.12%

BACQU vs SXC 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 SXC was -90.43%, occurring on Jan 19, 2016. This drawdown has not yet recovered.

The current BACQU drawdown is -21.26%. The current SXC drawdown is -45.37%.

Rank	BACQU	SXC
#1	-26.63% Oct 24, 2025 - Feb 13, 2026	-90.43% Aug 18, 2014 - Jan 19, 2016
#2	-2.67% Apr 25, 2025 - May 29, 2025	-44.70% Jul 25, 2011 - Oct 14, 2013
#3	-1.40% Jun 10, 2025 - Jul 2, 2025	-15.76% Apr 2, 2014 - Aug 6, 2014
#4	-1.21% Jul 2, 2025 - Aug 14, 2025	-9.64% Mar 6, 2014 - Mar 25, 2014
#5	-0.85% May 29, 2025 - Jun 10, 2025	-9.59% Dec 27, 2013 - Mar 6, 2014
#6	-0.59% Feb 24, 2025 - Apr 1, 2025	-6.84% Nov 29, 2013 - Dec 24, 2013
#7	-0.49% Feb 12, 2025 - Feb 24, 2025	-3.44% Mar 25, 2014 - Apr 2, 2014
#8	-0.34% Apr 1, 2025 - Apr 24, 2025	-1.86% Nov 5, 2013 - Nov 8, 2013
#9	-0.30% Jan 10, 2025 - Jan 17, 2025	-1.61% Nov 15, 2013 - Nov 21, 2013
#10	-0.30% Feb 3, 2025 - Feb 12, 2025	-0.29% Aug 12, 2014 - Aug 18, 2014
#11	-0.21% Dec 23, 2024 - Jan 10, 2025	N/A
#12	-0.20% Nov 20, 2024 - Dec 2, 2024	N/A
#13	-0.15% Dec 2, 2024 - Dec 23, 2024	N/A
#14	-0.14% Jan 17, 2025 - Jan 28, 2025	N/A
#15	-0.12% Nov 7, 2024 - Nov 15, 2024	N/A

Correlation

Correlation between BACQU and SXC is -0.45 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.45

-101