SPRX vs. BUG ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to Global X Cybersecurity ETF (BUG)

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

$23.89

Average Daily Volume

25,145

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BUG

Global X Cybersecurity ETF

BUG Description

The Global X Cybersecurity ETF (BUG) seeks to invest in companies that stand to potentially benefit from the increased adoption of cybersecurity technology, such as those whose principal business is in the development and management of security protocols preventing intrusion and attacks to systems, networks, applications, computers, and mobile devices.

Grade (RS Rating)

Last Trade

$32.53

Average Daily Volume

120,038

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	BUG
30 Days	-1.24%	1.40%
60 Days	10.09%	7.89%
90 Days	6.18%	7.82%
12 Months	31.12%	28.96%

4 Overlapping Holdings

Symbol	Grade	Weight in SPRX	Weight in BUG	Overlap
CRWD	B	1.08%	6.34%	1.08%
PANW	B	0.2%	6.07%	0.2%
S	B	9.02%	4.34%	4.34%
ZS	B	6.18%	6.07%	6.07%

SPRX Overweight 24 Positions Relative to BUG

Symbol	Grade	Weight
NVDA	B	13.96%
MRVL	B	7.22%
TSLA	B	7.18%
TER	F	4.99%
DDOG	B	4.94%
NET	C	4.79%
CEG	D	4.65%
CRDO	C	3.42%
ANET	C	3.39%
AMD	F	3.34%
ON	F	2.97%
WOLF	F	2.83%
SHOP	A	2.72%
CFLT	C	2.42%
GTLB	B	2.12%
COHR	B	1.96%
AMKR	F	1.75%
APH	B	1.38%
GEV	A	1.13%
SNOW	C	0.97%
NRG	B	0.76%
MU	D	0.43%
RIO	F	0.0%
ROK	A	0.0%

SPRX Underweight 13 Positions Relative to BUG

Symbol	Grade	Weight
FTNT	A	-6.79%
GEN	B	-5.73%
CHKP	D	-5.66%
QLYS	C	-5.37%
ATEN	A	-4.67%
OKTA	D	-4.5%
CYBR	A	-4.39%
OSPN	B	-4.35%
TENB	D	-4.31%
VRNS	D	-4.29%
RPD	C	-4.22%
RDWR	A	-4.07%
TLS	D	-3.14%