SPRX vs. MVFD ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to Monarch Volume Factor Dividend Tree Index ETF (MVFD)
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
$25.12
Average Daily Volume
25,517
26
MVFD
Monarch Volume Factor Dividend Tree Index ETF
MVFD Description
MVFD focuses on equities demonstrating strong cash flow and dividend potential, shifting towards fixed income ETFs linked to US Treasurys in unfavorable cash flow scenarios. The fund seeks to mirror the performance of its target index, comprised of 40 equally weighted stocks selected for their financial health and income-producing ability, alongside up to 5 fixed income ETFs. Driving its selection process is the proprietary Volume Factor methodology, which examines stocks by analyzing the dynamics between market volume and price. This analysis is facilitated by a distinctive volume-price confirmation indicator. Evaluating a broad pool of 3,000 U.S. stocks, the methodology generates a composite score to rank and ensure that only the top-performing equities under positive financial conditions are chosen. MVFDs strategy aims for adaptability, modifying its equity-to-fixed income ratio based on prevailing financial trends. Furthermore, the index undergoes quarterly reconstitution to realign with market changes, optimizing the funds portfolio composition accordingly.Grade (RS Rating)
Last Trade
$27.53
Average Daily Volume
4,870
39
Performance
| Period | SPRX | MVFD |
|---|---|---|
| 30 Days | 6.86% | 4.71% |
| 60 Days | 24.86% | 9.34% |
| 90 Days | 21.36% | 11.69% |
| 12 Months | 45.13% |
SPRX Overweight 24 Positions Relative to MVFD
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | A | 13.71% | |
| S | B | 8.79% | |
| AMD | F | 7.97% | |
| APH | A | 7.56% | |
| MRVL | A | 6.92% | |
| NET | C | 6.89% | |
| TSLA | A | 5.73% | |
| TER | F | 5.4% | |
| DDOG | B | 5.04% | |
| CEG | C | 4.54% | |
| SHOP | B | 4.02% | |
| ANET | A | 3.5% | |
| ZS | C | 3.44% | |
| CFLT | C | 2.82% | |
| NVT | B | 2.06% | |
| GTLB | C | 1.93% | |
| CRWD | C | 1.48% | |
| GEV | A | 1.03% | |
| SNOW | C | 0.89% | |
| MU | C | 0.47% | |
| EMR | A | 0.26% | |
| PANW | A | 0.18% | |
| RIO | B | 0.0% | |
| ROK | B | 0.0% |
SPRX Underweight 37 Positions Relative to MVFD
| Symbol | Grade | Weight | |
|---|---|---|---|
| MO | B | -3.7% | |
| FOX | B | -3.36% | |
| TGNA | B | -3.31% | |
| HLNE | B | -3.21% | |
| FOXA | B | -3.21% | |
| VOYA | B | -3.06% | |
| MATX | B | -2.96% | |
| NYT | B | -2.93% | |
| BKH | D | -2.93% | |
| ABM | B | -2.86% | |
| JHG | B | -2.84% | |
| ADTN | B | -2.83% | |
| QCOM | C | -2.82% | |
| EXPD | F | -2.53% | |
| MLI | B | -2.52% | |
| SR | D | -2.46% | |
| CCK | C | -2.42% | |
| PM | C | -2.42% | |
| MEI | F | -2.37% | |
| SEM | B | -2.35% | |
| WKC | D | -2.31% | |
| GILD | A | -2.28% | |
| RHI | B | -2.24% | |
| AFL | D | -2.2% | |
| CL | F | -2.18% | |
| WD | B | -2.15% | |
| NTAP | C | -2.15% | |
| CHRD | D | -2.13% | |
| LPX | B | -2.12% | |
| CME | C | -2.11% | |
| SSNC | C | -2.1% | |
| EXPI | C | -2.09% | |
| ALLY | C | -2.05% | |
| ADM | F | -2.0% | |
| TTC | D | -1.99% | |
| BCO | D | -1.99% | |
| KBH | D | -1.95% |
SPRX: Top Represented Industries & Keywords
MVFD: Top Represented Industries & Keywords
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