ARKX vs. SPRX ETF Comparison
Comparison of ARK Space Exploration & Innovation ETF (ARKX) to Spear Alpha ETF (SPRX)
ARKX
ARK Space Exploration & Innovation ETF
ARKX Description
The ARK Space Exploration & Innovation ETF’s (“Fund”) investment objective is long-term growth of capital. ARKX is an actively-managed exchange-traded fund (“ETF”) that will invest under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of Space Exploration and innovation. The Adviser defines “Space Exploration” as leading, enabling, or benefitting from technologically enabled products and/or services that occur beyond the surface of the Earth. Orbital Aerospace Companies are companies that launch, make, service, or operate platforms in the orbital space, including satellites and launch vehicles. Suborbital Aerospace Companies are companies that launch, make, service, or operate platforms in the suborbital space, but do not reach a velocity needed to remain in orbit around a planet. Enabling Technologies Companies are companies that develop technologies used by Space Exploration related companies for successful value-add aerospace operations. These operations include artificial intelligence, robotics, 3D printing, materials and energy storage. Aerospace Beneficiary Companies are companies whose operations stand to benefit from aerospace activities, including agriculture, internet access, global positioning system (GPS), construction, imaging, drones, air taxis and electric aviation vehicles.
Grade (RS Rating)
Last Trade
$18.56
Average Daily Volume
64,569
25
SPRX
Spear Alpha ETF
SPRX Description
SPRX invests in companies that are poised to benefit from breakthrough trends in industrial technology. The fund’s objective is to find underappreciated opportunities across different industrial supply chains that are beneficiaries of the secular themes discussed below: Environmental Focus and Decarbonization Manufacturing Digitalization Automation & Robotics Photonics and Additive Manufacturing Space Exploration Artificial Intelligence (AI) SPRX is an actively managed ETF that seeks long-term capital growth by investing in US listed securities (including American depositary receipts "ADRs") of industrial and technology companies relevant to the Fund’s investment themes and the ecosystem around them. SPRX invests in both “growth”, defined as companies with high and underappreciated growth prospects, and “value”, defined as opportunities that are undervalued based on an assessment of the underlying fundamentals.Grade (RS Rating)
Last Trade
$26.21
Average Daily Volume
23,859
28
Performance
| Period | ARKX | SPRX |
|---|---|---|
| 30 Days | 7.82% | 1.34% |
| 60 Days | 15.77% | 9.38% |
| 90 Days | 19.22% | 10.37% |
| 12 Months | 28.68% | 33.89% |
ARKX Overweight 23 Positions Relative to SPRX
| Symbol | Grade | Weight | |
|---|---|---|---|
| KTOS | C | 9.84% | |
| RKLB | B | 9.73% | |
| IRDM | F | 8.3% | |
| AVAV | C | 7.36% | |
| TRMB | B | 6.82% | |
| LHX | B | 4.58% | |
| AMZN | B | 3.85% | |
| PLTR | B | 3.78% | |
| ACHR | B | 3.22% | |
| BLDE | D | 3.2% | |
| GRMN | B | 2.77% | |
| DE | C | 2.28% | |
| JOBY | B | 2.2% | |
| GOOG | B | 2.13% | |
| PRNT | B | 1.77% | |
| HEI | A | 1.56% | |
| HON | B | 1.42% | |
| TDY | B | 1.36% | |
| PATH | C | 1.25% | |
| SNPS | C | 1.2% | |
| LMT | D | 1.2% | |
| ANSS | B | 0.99% | |
| DDD | C | 0.77% |
ARKX Underweight 26 Positions Relative to SPRX
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | A | -13.96% | |
| S | C | -9.02% | |
| MRVL | B | -7.22% | |
| TSLA | B | -7.18% | |
| ZS | C | -6.18% | |
| DDOG | A | -4.94% | |
| NET | B | -4.79% | |
| CEG | C | -4.65% | |
| CRDO | C | -3.42% | |
| ANET | D | -3.39% | |
| ON | F | -2.97% | |
| WOLF | F | -2.83% | |
| SHOP | B | -2.72% | |
| CFLT | B | -2.42% | |
| GTLB | B | -2.12% | |
| COHR | B | -1.96% | |
| AMKR | F | -1.75% | |
| APH | B | -1.38% | |
| GEV | A | -1.13% | |
| CRWD | B | -1.08% | |
| SNOW | C | -0.97% | |
| NRG | B | -0.76% | |
| MU | D | -0.43% | |
| PANW | A | -0.2% | |
| RIO | D | -0.0% | |
| ROK | B | -0.0% |
ARKX: Top Represented Industries & Keywords
SPRX: Top Represented Industries & Keywords
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