SPRX vs. AWEG ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to Alger Weatherbie Enduring Growth ETF (AWEG)

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

$22.44

Average Daily Volume

36,435

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AWEG

Alger Weatherbie Enduring Growth ETF

AWEG Description

The fund invests primarily in equity securities of mid-cap growth companies with an environmental, social and governance ("ESG") rating of medium or better, as rated by Sustainalytics, a third-party ESG rating agency, at the time of purchase. Under normal circumstances, 80% of companies in the fund"s portfolio, based on net assets, will have a Sustainalytics ESG rating. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.61

Average Daily Volume

385

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	AWEG
30 Days	-0.18%	-2.10%
60 Days	12.48%	3.37%
90 Days	-6.62%	4.50%
12 Months	32.47%	28.84%

1 Overlapping Holdings

	Symbol	Grade	Weight in SPRX	Weight in AWEG	Overlap
	HUBS	D	3.54%	3.34%	3.34%

SPRX Overweight 22 Positions Relative to AWEG

Symbol	Grade	Weight
NVDA	C	12.88%
ZS	F	9.09%
S	C	8.58%
MRVL	C	8.2%
NET	D	7.93%
SHOP	C	7.31%
AMD	D	6.88%
CEG	B	6.14%
DDOG	D	5.47%
APH	D	4.55%
CFLT	F	3.17%
MU	D	3.09%
CRWD	D	2.62%
GTLB	D	1.96%
SNOW	F	1.87%
NRG	A	1.82%
SMCI	F	1.5%
ANET	A	1.5%
NVT	D	0.74%
PANW	D	0.18%
RIO	A	0.0%
ROK	D	0.0%

SPRX Underweight 8 Positions Relative to AWEG

Symbol	Grade	Weight
TDG	A	-11.62%
CWST	D	-7.51%
GKOS	B	-6.28%
WCN	D	-4.82%
STEP	A	-4.8%
HEI	A	-4.33%
VERX	A	-3.98%
PCTY	B	-3.42%