SPRX vs. OIH ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to Market Vectors Oil Services ETF (OIH)
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
OIH
Market Vectors Oil Services ETF
OIH Description
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors® US Listed Oil Services 25 Index (the "Oil Services Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Oil Services Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the oil services industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.Grade (RS Rating)
Last Trade
$301.90
Average Daily Volume
628,371
23
Performance
Period | SPRX | OIH |
---|---|---|
30 Days | 12.38% | 7.38% |
60 Days | 20.14% | 2.12% |
90 Days | -3.56% | -2.55% |
12 Months | 37.82% | -4.71% |
0 Overlapping Holdings
Symbol | Grade | Weight in SPRX | Weight in OIH | Overlap |
---|
SPRX Overweight 23 Positions Relative to OIH
SPRX Underweight 23 Positions Relative to OIH
Symbol | Grade | Weight | |
---|---|---|---|
SLB | D | -20.3% | |
BKR | B | -12.92% | |
HAL | D | -7.41% | |
TS | D | -5.32% | |
CHX | C | -5.11% | |
FTI | B | -4.6% | |
NOV | F | -4.3% | |
WFRD | F | -4.06% | |
WHD | A | -3.97% | |
VAL | F | -3.59% | |
TDW | F | -3.42% | |
RIG | F | -3.32% | |
PTEN | F | -2.85% | |
LBRT | D | -2.45% | |
HP | D | -2.4% | |
OII | D | -2.39% | |
XPRO | F | -1.59% | |
HLX | C | -1.56% | |
WTTR | B | -1.14% | |
RES | C | -0.94% | |
NBR | D | -0.6% | |
CLB | D | -0.51% | |
PUMP | D | -0.49% |
SPRX: Top Represented Industries & Keywords
OIH: Top Represented Industries & Keywords