SPRX vs. LCG ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to Sterling Capital Focus Equity ETF (LCG)

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

$21.70

Average Daily Volume

41,953

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LCG

Sterling Capital Focus Equity ETF

LCG Description

Seeks positions featuring attractive and sustainable multi-year return profiles underpinned by businesses perceived to possess: Robust financial returns and visible reinvestment opportunities Talented management Exposure to the four pillars: operating growth, strong balance sheets, high profitability, and attractive valuations

Grade (RS Rating)

Last Trade

$28.37

Average Daily Volume

20,013

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	LCG
30 Days	-3.56%	2.05%
60 Days	-2.69%	5.54%
90 Days	-6.22%	6.77%
12 Months	19.95%	16.66%

2 Overlapping Holdings

	Symbol	Grade	Weight in SPRX	Weight in LCG	Overlap
	HUBS	D	3.49%	2.95%	2.95%
	SHOP	C	7.0%	6.65%	6.65%

SPRX Overweight 20 Positions Relative to LCG

Symbol	Grade	Weight
NVDA	D	13.23%
ZS	F	9.39%
MRVL	C	9.12%
S	C	8.4%
NET	D	7.98%
AMD	D	6.82%
DDOG	D	5.5%
CEG	C	4.72%
APH	D	4.7%
CFLT	F	3.31%
MU	F	3.0%
CRWD	D	2.5%
GTLB	D	2.19%
SNOW	F	2.0%
NRG	C	1.73%
ANET	C	1.46%
NVT	D	0.73%
PANW	C	0.2%
RIO	D	0.0%
ROK	D	0.0%

SPRX Underweight 17 Positions Relative to LCG

Symbol	Grade	Weight
SPGI	A	-8.55%
CSGP	D	-7.0%
IDXX	C	-6.08%
MDB	D	-4.84%
VEEV	C	-4.63%
AMZN	C	-4.61%
MSCI	C	-4.33%
GOOG	D	-3.9%
OKTA	F	-3.76%
SAIA	D	-3.73%
WDAY	D	-3.63%
NOW	B	-3.39%
MSFT	C	-3.32%
ODFL	D	-3.3%
CDNS	D	-3.01%
TEAM	D	-2.97%
SNPS	D	-2.83%