NEWZ vs. SPRX ETF Comparison
Comparison of StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ) to Spear Alpha ETF (SPRX)
NEWZ
StockSnips AI-Powered Sentiment US All Cap ETF
NEWZ Description
NEWZ navigates market complexities through a proprietary news media sentiment signal which combines AI and NLP technologies. This signal is generated from textual sources, such as news articles, blogs, and SEC filings, processed using advanced machine learning algorithms. These algorithms sift through vast amounts of data to assess investor sentiment and identify stocks with the most positive news coverage. The process begins by screening US-listed equity securities based on capitalization, volatility, ROE, news coverage volume, and inclusion in Zacks sector and industry classifications. Selections are made based on the sentiment signal, which also integrates a sentiment momentum signal indicating shifts in investor sentiment over time. After the screening, the portfolio typically comprises the top 30 to 50 stocks, all equally weighted. Throughout this process, the fund prioritizes reliability, gathering information from reputable news outlets such as Zacks, Motley Fool, and CNBC. The fund is rebalanced and reconstituted monthly.
Grade (RS Rating)
Last Trade
$28.72
Average Daily Volume
5,959
30
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
$24.78
Average Daily Volume
24,409
28
Performance
| Period | NEWZ | SPRX |
|---|---|---|
| 30 Days | -0.42% | 2.24% |
| 60 Days | 3.48% | 9.62% |
| 90 Days | 4.90% | 6.88% |
| 12 Months | 32.40% |
NEWZ Overweight 27 Positions Relative to SPRX
| Symbol | Grade | Weight | |
|---|---|---|---|
| TT | A | 4.03% | |
| MSI | B | 3.59% | |
| UTHR | C | 3.52% | |
| NTAP | C | 3.52% | |
| PCTY | B | 3.48% | |
| KKR | A | 3.48% | |
| CLH | C | 3.42% | |
| PAYX | B | 3.4% | |
| CORT | C | 3.39% | |
| COR | B | 3.34% | |
| TXRH | B | 3.34% | |
| GRMN | B | 3.33% | |
| FTNT | B | 3.33% | |
| ACN | C | 3.32% | |
| TSM | B | 3.32% | |
| ERIE | F | 3.3% | |
| CHKP | D | 3.29% | |
| BR | B | 3.29% | |
| BOOT | D | 3.28% | |
| ISRG | A | 3.25% | |
| RMD | C | 3.21% | |
| JKHY | D | 3.09% | |
| BAH | D | 3.05% | |
| ORCL | A | 2.98% | |
| DGX | A | 2.97% | |
| BRO | B | 2.84% | |
| BMI | C | 2.77% |
NEWZ Underweight 25 Positions Relative to SPRX
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | A | -13.96% | |
| S | B | -9.02% | |
| MRVL | B | -7.22% | |
| TSLA | A | -7.18% | |
| ZS | B | -6.18% | |
| TER | F | -4.99% | |
| DDOG | A | -4.94% | |
| NET | B | -4.79% | |
| CEG | C | -4.65% | |
| CRDO | B | -3.42% | |
| AMD | F | -3.34% | |
| ON | F | -2.97% | |
| WOLF | F | -2.83% | |
| CFLT | B | -2.42% | |
| GTLB | B | -2.12% | |
| COHR | B | -1.96% | |
| AMKR | F | -1.75% | |
| GEV | A | -1.13% | |
| CRWD | B | -1.08% | |
| SNOW | C | -0.97% | |
| NRG | B | -0.76% | |
| MU | D | -0.43% | |
| PANW | B | -0.2% | |
| RIO | D | -0.0% | |
| ROK | B | -0.0% |
NEWZ: Top Represented Industries & Keywords
SPRX: Top Represented Industries & Keywords
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