SPRX vs. PSCE ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to PowerShares S&P SmallCap Energy Portfolio (PSCE)
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
PSCE
PowerShares S&P SmallCap Energy Portfolio
PSCE Description
The PowerShares S&P SmallCap Energy Portfolio (Fund) is based on the S&P SmallCap 600® Capped Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US energy companies. These companies are principally engaged in the business of producing, distributing or servicing energy related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil based energy. The Index is a subset of the S&P SmallCap 600® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.Grade (RS Rating)
Last Trade
$52.41
Average Daily Volume
40,553
28
Performance
| Period | SPRX | PSCE |
|---|---|---|
| 30 Days | 12.38% | 6.96% |
| 60 Days | 20.14% | 7.27% |
| 90 Days | -3.56% | 0.85% |
| 12 Months | 37.82% | 2.16% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SPRX | Weight in PSCE | Overlap |
|---|
SPRX Overweight 23 Positions Relative to PSCE
SPRX Underweight 28 Positions Relative to PSCE
| Symbol | Grade | Weight | |
|---|---|---|---|
| MGY | B | -7.68% | |
| SM | D | -7.65% | |
| WHD | A | -6.63% | |
| CRC | B | -6.1% | |
| NOG | D | -5.9% | |
| TDW | F | -5.8% | |
| BTU | B | -5.2% | |
| CEIX | B | -4.69% | |
| OII | D | -4.63% | |
| AROC | B | -4.51% | |
| HP | D | -4.4% | |
| LBRT | D | -4.26% | |
| PTEN | F | -4.18% | |
| WKC | A | -3.45% | |
| HLX | C | -3.0% | |
| TALO | D | -2.43% | |
| LPG | F | -2.36% | |
| CRK | B | -1.91% | |
| PARR | F | -1.87% | |
| GPRE | F | -1.65% | |
| CLB | D | -1.64% | |
| VTOL | D | -1.61% | |
| CVI | D | -1.49% | |
| VTLE | F | -1.37% | |
| REX | D | -1.35% | |
| PUMP | D | -1.16% | |
| NBR | D | -1.09% | |
| RES | C | -0.99% |
SPRX: Top Represented Industries & Keywords
PSCE: Top Represented Industries & Keywords
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