SPRX vs. IDAT ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to Cloud Data Tech and Consumer ETF (IDAT)
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
$24.57
Average Daily Volume
26,017
28
IDAT
Cloud Data Tech and Consumer ETF
IDAT Description
The fund will invest at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 10% of its assets in certain futures, options and swap contracts, cash and cash equivalents. The fund is non-diversified.Grade (RS Rating)
Last Trade
$31.84
Average Daily Volume
753
34
Performance
| Period | SPRX | IDAT |
|---|---|---|
| 30 Days | 2.86% | -0.84% |
| 60 Days | 13.57% | 5.91% |
| 90 Days | 9.18% | 3.96% |
| 12 Months | 33.27% | 29.50% |
SPRX Overweight 21 Positions Relative to IDAT
SPRX Underweight 27 Positions Relative to IDAT
| Symbol | Grade | Weight | |
|---|---|---|---|
| AVGO | C | -4.05% | |
| PSTG | D | -3.36% | |
| NTNX | B | -3.12% | |
| CIEN | B | -3.05% | |
| WDC | D | -2.99% | |
| JNPR | D | -2.69% | |
| TWLO | B | -2.68% | |
| STX | D | -2.68% | |
| QCOM | F | -2.66% | |
| DD | D | -2.43% | |
| MTSI | B | -2.29% | |
| NXPI | F | -2.29% | |
| DT | C | -1.98% | |
| AMT | F | -1.87% | |
| SWKS | F | -1.82% | |
| AKAM | F | -1.81% | |
| CCI | F | -1.77% | |
| SBAC | D | -1.75% | |
| BDC | C | -1.54% | |
| LITE | B | -1.54% | |
| QRVO | F | -1.47% | |
| KD | A | -1.4% | |
| INTC | C | -1.28% | |
| ESTC | C | -1.14% | |
| GDS | C | -0.66% | |
| TDC | F | -0.66% | |
| DIOD | F | -0.64% |
SPRX: Top Represented Industries & Keywords
IDAT: Top Represented Industries & Keywords
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