SPRX vs. MAKX ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to ProShares S&P Kensho Smart Factories ETF (MAKX)

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

$24.03

Average Daily Volume

53,059

Number of Holdings ^*

* may have additional holdings in another (foreign) market

MAKX

ProShares S&P Kensho Smart Factories ETF

MAKX Description

ProShares S&P Kensho Smart Factories ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies focused on building the technology empowering the digitalization of manufacturing activities sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. ProShares S&P Kensho Smart Factories ETF is domiciled in the United States. The investment seeks results, before fees and expenses, that track the performance of the S&P Kensho Smart Factories Index.

Grade (RS Rating)

Last Trade

$37.54

Average Daily Volume

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	MAKX
30 Days	9.48%	1.08%
60 Days	7.28%	3.33%
90 Days	6.33%	-0.18%
12 Months	30.10%	2.40%

1 Overlapping Holdings

	Symbol	Grade	Weight in SPRX	Weight in MAKX	Overlap
	ROK	D	0.0%	5.45%	0.0%

SPRX Overweight 20 Positions Relative to MAKX

Symbol	Grade	Weight
NVDA	B	13.53%
ZS	B	9.38%
AMD	B	8.77%
NET	B	7.4%
SNOW	D	6.58%
SHOP	C	5.88%
CEG	C	5.15%
CRWD	A	5.12%
MRVL	C	5.07%
NRG	C	4.52%
DDOG	B	4.49%
CFLT	D	4.28%
S	D	4.03%
APH	B	3.84%
HUBS	D	3.67%
PANW	B	2.96%
GTLB	D	1.61%
ANET	A	1.3%
NVT	C	0.83%
RIO	C	0.0%

SPRX Underweight 18 Positions Relative to MAKX

Symbol	Grade	Weight
ADSK	B	-6.46%
CGNX	B	-5.8%
EMR	C	-5.47%
HOLI	C	-5.2%
DDD	F	-4.96%
AMBA	B	-4.67%
AMAT	B	-4.48%
SKM	D	-4.47%
SANM	B	-3.99%
DOV	D	-3.86%
PTC	B	-3.82%
AIT	B	-3.74%
ON	D	-3.7%
ZBRA	C	-3.58%
PKX	F	-3.56%
SSYS	F	-3.44%
FARO	D	-3.35%
TKC	A	-2.04%