SPRX vs. PBD ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to PowerShares Global Clean Energy Portfolio (PBD)
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
$26.43
Average Daily Volume
21,769
28
PBD
PowerShares Global Clean Energy Portfolio
PBD Description
The PowerShares Global Clean Energy Portfolio (Fund) is based on the WilderHill New Energy Global Innovation Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index seeks to deliver capital appreciation and is composed of companies that focus on greener and generally renewable sources of energy and technologies facilitating cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$11.87
Average Daily Volume
38,339
33
Performance
| Period | SPRX | PBD |
|---|---|---|
| 30 Days | 11.28% | -7.70% |
| 60 Days | 16.53% | -11.88% |
| 90 Days | 15.66% | -13.06% |
| 12 Months | 42.23% | -15.59% |
1 Overlapping Holdings
| Symbol | Grade | Weight in SPRX | Weight in PBD | Overlap | |
|---|---|---|---|---|---|
| WOLF | F | 2.83% | 0.59% | 0.59% |
SPRX Overweight 27 Positions Relative to PBD
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | C | 13.96% | |
| S | B | 9.02% | |
| MRVL | B | 7.22% | |
| TSLA | B | 7.18% | |
| ZS | C | 6.18% | |
| TER | D | 4.99% | |
| DDOG | A | 4.94% | |
| NET | B | 4.79% | |
| CEG | D | 4.65% | |
| CRDO | B | 3.42% | |
| ANET | C | 3.39% | |
| AMD | F | 3.34% | |
| ON | D | 2.97% | |
| SHOP | B | 2.72% | |
| CFLT | B | 2.42% | |
| GTLB | B | 2.12% | |
| COHR | B | 1.96% | |
| AMKR | D | 1.75% | |
| APH | A | 1.38% | |
| GEV | B | 1.13% | |
| CRWD | B | 1.08% | |
| SNOW | C | 0.97% | |
| NRG | B | 0.76% | |
| MU | D | 0.43% | |
| PANW | C | 0.2% | |
| RIO | D | 0.0% | |
| ROK | B | 0.0% |
SPRX Underweight 32 Positions Relative to PBD
| Symbol | Grade | Weight | |
|---|---|---|---|
| XPEV | C | -1.88% | |
| ITRI | B | -1.24% | |
| EOSE | D | -1.21% | |
| ARRY | C | -1.19% | |
| NIO | F | -1.18% | |
| ACHR | B | -1.18% | |
| HUBB | B | -1.17% | |
| JKS | F | -1.13% | |
| BE | B | -1.13% | |
| ORA | B | -1.1% | |
| SQM | F | -1.04% | |
| DAR | C | -1.03% | |
| SHLS | F | -1.0% | |
| ATKR | C | -0.99% | |
| AMRC | F | -0.97% | |
| PLUG | F | -0.95% | |
| HASI | D | -0.9% | |
| OLED | D | -0.9% | |
| FSLR | F | -0.86% | |
| QS | F | -0.84% | |
| RENB | F | -0.83% | |
| CNM | D | -0.83% | |
| CSIQ | F | -0.82% | |
| BLBD | D | -0.8% | |
| RIVN | F | -0.77% | |
| LCID | F | -0.66% | |
| CHPT | F | -0.64% | |
| TPIC | F | -0.63% | |
| RUN | F | -0.57% | |
| ENPH | F | -0.56% | |
| SEDG | F | -0.53% | |
| NOVA | F | -0.49% |
SPRX: Top Represented Industries & Keywords
PBD: Top Represented Industries & Keywords
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