SPRX vs. IDRV ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to iShares Self-Driving EV and Tech ETF (IDRV)
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
$26.50
Average Daily Volume
21,769
27
IDRV
iShares Self-Driving EV and Tech ETF
IDRV Description
The investment seeks to track the investment results of the NYSE® FactSet Global Autonomous Driving and Electric Vehicle Index. The index is composed of equity securities of companies listed in one of 43 developed or emerging market countries that derive a certain specified percentage of their revenue from selected autonomous or electric vehicle-related industries, as defined by IDI. The fund generally will invest at least 90% 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. It is non-diversified.Grade (RS Rating)
Last Trade
$29.75
Average Daily Volume
33,269
24
Performance
| Period | SPRX | IDRV |
|---|---|---|
| 30 Days | 11.28% | -1.15% |
| 60 Days | 16.53% | -0.91% |
| 90 Days | 15.66% | 0.72% |
| 12 Months | 42.23% | -10.42% |
1 Overlapping Holdings
| Symbol | Grade | Weight in SPRX | Weight in IDRV | Overlap | |
|---|---|---|---|---|---|
| TSLA | B | 7.49% | 7.95% | 7.49% |
SPRX Overweight 26 Positions Relative to IDRV
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | C | 14.04% | |
| S | B | 8.89% | |
| MRVL | B | 7.27% | |
| ZS | C | 6.94% | |
| NET | B | 6.01% | |
| SNOW | C | 5.37% | |
| DDOG | A | 5.25% | |
| CEG | D | 4.89% | |
| TER | D | 4.89% | |
| ANET | C | 4.27% | |
| CRDO | B | 3.23% | |
| SHOP | B | 2.48% | |
| CFLT | B | 2.4% | |
| WOLF | F | 2.28% | |
| GTLB | B | 2.18% | |
| COHR | B | 1.99% | |
| APH | A | 1.37% | |
| GEV | B | 1.17% | |
| CRWD | B | 1.09% | |
| NRG | B | 0.78% | |
| AMD | F | 0.7% | |
| AMKR | D | 0.6% | |
| MU | D | 0.42% | |
| PANW | C | 0.19% | |
| RIO | D | 0.0% | |
| ROK | B | 0.0% |
SPRX Underweight 23 Positions Relative to IDRV
| Symbol | Grade | Weight | |
|---|---|---|---|
| XPEV | C | -6.09% | |
| ALTM | C | -5.3% | |
| LI | F | -4.74% | |
| NIO | F | -3.95% | |
| RIVN | F | -3.61% | |
| LCID | F | -2.54% | |
| QS | F | -2.47% | |
| APTV | D | -1.86% | |
| BLBD | D | -1.81% | |
| ALV | C | -1.03% | |
| GNTX | C | -0.89% | |
| LEA | D | -0.71% | |
| LITE | B | -0.71% | |
| CHPT | F | -0.63% | |
| AUR | C | -0.6% | |
| VC | D | -0.32% | |
| ADNT | F | -0.22% | |
| CTS | C | -0.2% | |
| THRM | D | -0.17% | |
| NKLA | F | -0.12% | |
| MEI | D | -0.04% | |
| LAZR | F | -0.03% | |
| SRI | F | -0.02% |
SPRX: Top Represented Industries & Keywords
IDRV: Top Represented Industries & Keywords
Compare ETFs
