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

$22.28

Average Daily Volume

36,484

Number of Holdings ^*

23

* 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

$30.22

Average Daily Volume

169,014

Number of Holdings ^*

16

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	BUG
30 Days	-0.89%	-2.11%
60 Days	11.68%	7.54%
90 Days	-7.28%	1.79%
12 Months	26.46%	24.64%

4 Overlapping Holdings

	Symbol	Grade	Weight in SPRX	Weight in BUG	Overlap
	CRWD	D	2.62%	5.2%	2.62%
	PANW	D	0.18%	6.43%	0.18%
	S	D	8.58%	4.68%	4.68%
	ZS	F	9.09%	5.43%	5.43%

SPRX Overweight 19 Positions Relative to BUG

	Symbol	Grade	Weight
	NVDA	C	12.88%
	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%
	HUBS	D	3.54%
	CFLT	F	3.17%
	MU	D	3.09%
	GTLB	D	1.96%
	SNOW	F	1.87%
	NRG	A	1.82%
	SMCI	F	1.5%
	ANET	B	1.5%
	NVT	D	0.74%
	RIO	A	0.0%
	ROK	D	0.0%

SPRX Underweight 12 Positions Relative to BUG

	Symbol	Grade	Weight
	CHKP	C	-7.31%
	FTNT	C	-6.64%
	VRNS	C	-5.43%
	CYBR	C	-5.18%
	RDWR	B	-5.11%
	OKTA	F	-4.36%
	ATEN	C	-3.85%
	TENB	F	-3.73%
	RPD	D	-3.48%
	OSPN	C	-3.38%
	QLYS	F	-3.21%
	TLS	D	-1.4%

SPRX: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Electronic Components Computer Hardware Computer Systems Diversified Industrials Industrial Metals & Minerals Semiconductor Memory Telecom Services Utilities - Independent Power Producers Utilities - Renewable

Keywords: S&P 500 Computing Nasdaq 100 Cloud Computing Cloud Infrastructure Computer Security Deep Learning Artificial Intelligence Cybersecurity Design Manufacturers IBD 50 Software As A Service Computer Architecture Computer Networking Consumer Devices Consumer Electronics Content Control Software Electricity Fabless Semiconductor Companies Firewall

BUG: Top Represented Industries & Keywords

Industries: Software - Infrastructure Software - Application Communication Equipment Information Technology Services Telecom Services

Keywords: Cybersecurity Computer Security Computing Nasdaq 100 Security Solution Computer Network Security Cyberwarfare Firewall Firewall Software VPN Work From Home Cloud Computing Content Control Software Cryptography Cybersecurity Solutions Malware Mobile Devices S&P 500 Software As A Service Web Application