SPRX vs. GCAD ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to Gabelli Equity Income ETF (GCAD)

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 ^*

23

* may have additional holdings in another (foreign) market

GCAD

Gabelli Equity Income ETF

GCAD Description

The fund will seek to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets in securities in income producing equity securities including securities in the aerospace and defense sectors. Aerospace companies include manufacturers, assemblers and distributors of aircraft and aircraft parts. Defense companies include producers of components and equipment for the defense industry, such as military aircraft, radar equipment and weapons.

Grade (RS Rating)

Last Trade

$34.23

Average Daily Volume

663

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	GCAD
30 Days	-0.18%	0.04%
60 Days	12.48%	6.14%
90 Days	-6.62%	7.60%
12 Months	32.47%	43.31%

0 Overlapping Holdings

	Symbol	Grade	Weight in SPRX	Weight in GCAD	Overlap

SPRX Overweight 23 Positions Relative to GCAD

	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%
	HUBS	D	3.54%
	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 10 Positions Relative to GCAD

	Symbol	Grade	Weight
	BA	F	-8.08%
	SPR	D	-6.93%
	HXL	F	-6.04%
	MOG.A	A	-5.73%
	DCO	A	-5.35%
	HON	C	-4.74%
	LMT	A	-4.32%
	CW	A	-3.96%
	WWD	B	-3.94%
	HEI	A	-3.72%

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

GCAD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Diversified Industrials

Keywords: Aerospace Radar Avionics Defense Systems Electronics Engineered Products S&P 500 Wind Turbine Actuator Adhesives Aerostructure Aviation Dow Jones Component Helicopter Laser Microwave Overhaul Services Semiconductor Space Systems Supply Chain Management