SPRX vs. FXL ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to First Trust Technology AlphaDEX (FXL)
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

$23.69

Average Daily Volume

24,900

Number of Holdings *

26

* may have additional holdings in another (foreign) market
FXL

First Trust Technology AlphaDEX

FXL Description The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$140.29

Average Daily Volume

18,398

Number of Holdings *

102

* may have additional holdings in another (foreign) market
Performance
Period SPRX FXL
30 Days 5.57% 2.19%
60 Days 5.38% 3.05%
90 Days 18.75% 11.13%
12 Months 46.87% 30.34%
12 Overlapping Holdings
Symbol Grade Weight in SPRX Weight in FXL Overlap
AMD F 7.97% 0.29% 0.29%
AMKR F 1.91% 1.57% 1.57%
APH B 7.56% 0.67% 0.67%
CRWD C 1.48% 0.34% 0.34%
DDOG B 5.04% 0.34% 0.34%
GTLB A 1.93% 0.34% 0.34%
MU C 0.47% 0.32% 0.32%
NET B 6.89% 0.34% 0.34%
NVDA B 13.71% 1.44% 1.44%
PANW B 0.18% 1.05% 0.18%
S B 8.79% 1.07% 1.07%
TER F 5.4% 0.51% 0.51%
SPRX Overweight 14 Positions Relative to FXL
Symbol Grade Weight
MRVL A 6.92%
TSLA A 5.73%
CEG B 4.54%
SHOP B 4.02%
ANET B 3.5%
ZS C 3.44%
CFLT A 2.82%
NVT D 2.06%
GEV A 1.03%
SNOW C 0.89%
NRG B 0.73%
EMR B 0.26%
RIO B 0.0%
ROK B 0.0%
SPRX Underweight 90 Positions Relative to FXL
Symbol Grade Weight
APP B -1.99%
PLTR B -1.91%
VRT B -1.81%
PEGA A -1.79%
DASH A -1.75%
TOST A -1.73%
GWRE B -1.68%
IPGP B -1.67%
SMAR A -1.66%
ARW D -1.65%
AVT B -1.63%
META B -1.62%
CTSH D -1.59%
GFS F -1.59%
ON D -1.58%
DXC D -1.57%
SWKS F -1.57%
HPE A -1.55%
CNXC F -1.46%
DOCU A -1.42%
NOW A -1.33%
TYL A -1.31%
FTNT B -1.3%
ZM A -1.3%
JBL A -1.3%
DOX B -1.28%
GDDY A -1.28%
HPQ B -1.27%
AKAM D -1.27%
ORCL B -1.27%
DT B -1.26%
SNX C -1.25%
PAYC A -1.24%
AVGO B -1.24%
CRUS F -1.21%
MANH D -1.21%
MPWR F -1.21%
INTC C -1.19%
DNB B -1.17%
TWLO A -1.07%
CACI A -1.07%
RNG A -1.06%
NTNX B -1.03%
SAIC A -1.01%
DELL A -1.0%
IT C -1.0%
SSNC D -0.99%
DBX A -0.99%
HCP A -0.98%
QCOM D -0.97%
MTCH C -0.97%
AAPL C -0.97%
FFIV A -0.95%
NTAP D -0.95%
EPAM F -0.94%
DLB B -0.93%
AMAT F -0.89%
MSTR B -0.87%
GLOB B -0.69%
SMCI F -0.69%
DAY A -0.66%
ADSK B -0.65%
CRM A -0.65%
KBR B -0.64%
LSCC C -0.63%
IBM C -0.62%
DV F -0.62%
TXN A -0.62%
ROP D -0.61%
VRSN F -0.61%
ONTO F -0.61%
GOOGL A -0.61%
OLED F -0.6%
IAC F -0.6%
MCHP F -0.59%
U C -0.56%
KD D -0.33%
INFA C -0.33%
PSTG D -0.33%
GLW A -0.32%
GEN A -0.31%
MSFT D -0.31%
ADI C -0.31%
PYCR B -0.31%
ANSS C -0.31%
CDW F -0.3%
WDAY F -0.3%
ALGM F -0.29%
KLAC F -0.27%
APPF D -0.25%
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