NSI vs. SPRX ETF Comparison

Comparison of National Security Emerging Markets Index ETF (NSI) to Spear Alpha ETF (SPRX)

NSI

National Security Emerging Markets Index ETF

NSI Description

The fund invests at least 80% of its total assets in component securities of the index. The index consists of stocks listed on globally recognized stock exchanges that excludes companies benefiting end-users that, in the view of the sponsor of the fund, National Security Index, LLC (the "Sponsor") pose a threat to the national security interests of the United States.

Grade (RS Rating)

Last Trade

$26.79

Average Daily Volume

1,132

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$26.16

Average Daily Volume

21,609

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	NSI	SPRX
30 Days	-5.26%	8.37%
60 Days	-0.77%	15.70%
90 Days	-2.09%	14.48%
12 Months		40.78%

1 Overlapping Holdings

	Symbol	Grade	Weight in NSI	Weight in SPRX	Overlap
	CRDO	B	0.13%	3.42%	0.13%

NSI Overweight 87 Positions Relative to SPRX

Symbol	Grade	Weight
TSM	B	11.91%
PDD	F	4.43%
HDB	C	3.56%
IBN	C	2.23%
CHT	C	2.07%
ASX	D	2.02%
UMC	F	1.85%
MELI	C	1.78%
PKX	D	1.38%
NTES	D	1.37%
INFY	C	1.24%
SHG	C	1.22%
PBR	D	1.19%
KB	B	1.19%
KT	A	1.13%
NU	C	1.09%
WF	C	1.08%
TCOM	B	1.07%
VALE	F	0.98%
RDY	F	0.89%
FMX	F	0.88%
LPL	D	0.85%
SKM	C	0.75%
ABEV	F	0.72%
KEP	B	0.71%
ZTO	F	0.68%
ITUB	F	0.67%
BEKE	D	0.66%
SSL	F	0.65%
PHI	D	0.62%
TKC	B	0.62%
LI	F	0.58%
CPNG	D	0.57%
BGNE	D	0.56%
VIPS	F	0.55%
HTHT	D	0.53%
YMM	C	0.5%
KOF	F	0.5%
XPEV	C	0.5%
SQM	D	0.47%
PAC	B	0.47%
WIT	B	0.44%
ASR	D	0.44%
QFIN	A	0.43%
BCH	C	0.4%
ENIC	B	0.39%
BILI	D	0.38%
TLK	D	0.37%
YUMC	C	0.36%
XP	F	0.36%
OMAB	D	0.35%
CIB	B	0.35%
GFI	D	0.35%
NIO	F	0.33%
TAL	F	0.31%
BBD	D	0.31%
HCM	D	0.28%
CX	F	0.26%
BZ	F	0.25%
BSAC	C	0.24%
BAP	A	0.24%
IQ	F	0.23%
TGLS	B	0.23%
FN	C	0.23%
GGB	C	0.23%
ATHM	C	0.22%
HMY	D	0.22%
VIST	B	0.21%
SBSW	D	0.21%
SUZ	B	0.18%
STNE	F	0.18%
ASAI	F	0.18%
EBR	F	0.17%
ERJ	A	0.17%
MMYT	B	0.16%
EC	D	0.16%
PAGS	F	0.15%
VIV	F	0.14%
BVN	D	0.13%
CIG	C	0.12%
BRFS	C	0.11%
SBS	B	0.11%
ELP	F	0.1%
CSAN	F	0.1%
UGP	F	0.1%
BAK	F	0.09%
BSBR	F	0.09%

NSI Underweight 27 Positions Relative to SPRX

Symbol	Grade	Weight
NVDA	B	-13.96%
S	B	-9.02%
MRVL	B	-7.22%
TSLA	B	-7.18%
ZS	B	-6.18%
TER	F	-4.99%
DDOG	A	-4.94%
NET	B	-4.79%
CEG	C	-4.65%
ANET	C	-3.39%
AMD	F	-3.34%
ON	D	-2.97%
WOLF	F	-2.83%
SHOP	B	-2.72%
CFLT	B	-2.42%
GTLB	B	-2.12%
COHR	B	-1.96%
AMKR	D	-1.75%
APH	A	-1.38%
GEV	B	-1.13%
CRWD	B	-1.08%
SNOW	B	-0.97%
NRG	B	-0.76%
MU	D	-0.43%
PANW	B	-0.2%
RIO	D	-0.0%
ROK	C	-0.0%

NSI: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Telecom Services Banks - Regional - Asia Internet Content & Information Airports & Air Services Auto Manufacturers Gold Oil & Gas Integrated Semiconductors Specialty Retail Utilities - Regulated Electric Beverages - Brewers Building Materials Chemicals Consumer Electronics Industrial Metals & Minerals Information Technology Services Leisure Oil & Gas Refining & Marketing Software - Application