SPRX vs. NIKL ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to Sprott Nickel Miners ETF (NIKL)
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
$23.32
Average Daily Volume
33,216
23
NIKL
Sprott Nickel Miners ETF
NIKL Description
The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from (i) mining, exploration, development, or production of nickel ("Nickel Mining Companies"); (ii) investments in nickel that represent all or a significant portion of their assets, and/or (iii) supplying nickel. The fund is non-diversified.Grade (RS Rating)
Last Trade
$13.61
Average Daily Volume
15,615
5
Performance
Period | SPRX | NIKL |
---|---|---|
30 Days | 12.38% | 14.18% |
60 Days | 20.14% | 17.53% |
90 Days | -3.56% | 0.67% |
12 Months | 37.82% | -22.89% |
1 Overlapping Holdings
Symbol | Grade | Weight in SPRX | Weight in NIKL | Overlap | |
---|---|---|---|---|---|
S | C | 8.58% | 4.37% | 4.37% |
SPRX Overweight 22 Positions Relative to NIKL
SPRX: Top Represented Industries & Keywords
NIKL: Top Represented Industries & Keywords