SPRX vs. BWEB ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to Bitwise Web3 ETF (BWEB)
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
$24.23
Average Daily Volume
24,876
28
BWEB
Bitwise Web3 ETF
BWEB Description
Bitwise Web3 ETF is an exchange traded fund launched and managed by Bitwise Investment Manager, LLC. The fund is co-managed by Vident Investment Advisory, LLC. It invests in public equity markets of global region. It invests in stocks of companies operating across cryptography and blockchain technology, web3 infrastructure companies, metaverse and immersive digital, web3 development and governance, web3 creator economy sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Bitwise Web3 Equities Index, by using full replication. Bitwise Web3 ETF was formed on October 4, 2022 and is domiciled in the United States.Grade (RS Rating)
Last Trade
$56.21
Average Daily Volume
530
28
Performance
| Period | SPRX | BWEB |
|---|---|---|
| 30 Days | -0.41% | 13.67% |
| 60 Days | 7.80% | 23.84% |
| 90 Days | 5.71% | 26.47% |
| 12 Months | 31.07% | 62.95% |
SPRX Overweight 25 Positions Relative to BWEB
| Symbol | Grade | Weight | |
|---|---|---|---|
| S | C | 9.02% | |
| MRVL | B | 7.22% | |
| TSLA | A | 7.18% | |
| ZS | B | 6.18% | |
| TER | F | 4.99% | |
| DDOG | B | 4.94% | |
| CEG | D | 4.65% | |
| CRDO | C | 3.42% | |
| ANET | C | 3.39% | |
| AMD | F | 3.34% | |
| ON | F | 2.97% | |
| WOLF | F | 2.83% | |
| CFLT | B | 2.42% | |
| GTLB | C | 2.12% | |
| COHR | C | 1.96% | |
| AMKR | F | 1.75% | |
| APH | B | 1.38% | |
| GEV | B | 1.13% | |
| CRWD | B | 1.08% | |
| SNOW | C | 0.97% | |
| NRG | B | 0.76% | |
| MU | D | 0.43% | |
| PANW | B | 0.2% | |
| RIO | F | 0.0% | |
| ROK | B | 0.0% |
SPRX Underweight 25 Positions Relative to BWEB
| Symbol | Grade | Weight | |
|---|---|---|---|
| COIN | A | -11.22% | |
| RBLX | B | -7.17% | |
| META | C | -6.85% | |
| EQIX | A | -6.53% | |
| SQ | A | -4.55% | |
| HOOD | A | -4.24% | |
| TTWO | A | -3.87% | |
| EA | A | -3.81% | |
| MARA | C | -3.61% | |
| U | F | -3.53% | |
| CLSK | C | -2.04% | |
| RIOT | C | -1.99% | |
| AKAM | F | -1.97% | |
| TSM | B | -1.34% | |
| GOOG | B | -1.29% | |
| V | A | -1.23% | |
| MA | A | -1.2% | |
| XOM | A | -1.19% | |
| WULF | C | -1.17% | |
| MSFT | D | -1.17% | |
| IREN | C | -1.09% | |
| CIFR | C | -0.82% | |
| APLD | C | -0.48% | |
| BTBT | C | -0.39% | |
| CMPO | B | -0.15% |
SPRX: Top Represented Industries & Keywords
BWEB: Top Represented Industries & Keywords
Compare ETFs
