SPRX vs. PTF ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to PowerShares Dynamic Technology (PTF)
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
$23.69
Average Daily Volume
24,900
26
PTF
PowerShares Dynamic Technology
PTF Description
The PowerShares Dynamic Technology Sector Portfolio (Fund) is based on the Dynamic Technology Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of stocks of 60 US technology companies. These companies are principally engaged in the business of providing technology-related products and services, including computer hardware and software, Internet, electronics and semiconductors, and communication technologies. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$64.42
Average Daily Volume
20,003
41
Performance
| Period | SPRX | PTF |
|---|---|---|
| 30 Days | 5.57% | 2.50% |
| 60 Days | 5.38% | 3.10% |
| 90 Days | 18.75% | 18.79% |
| 12 Months | 46.87% | 51.08% |
1 Overlapping Holdings
| Symbol | Grade | Weight in SPRX | Weight in PTF | Overlap | |
|---|---|---|---|---|---|
| ANET | B | 3.5% | 3.71% | 3.5% |
SPRX Overweight 25 Positions Relative to PTF
| Symbol | Grade | Weight | |
|---|---|---|---|
| NVDA | B | 13.71% | |
| S | B | 8.79% | |
| AMD | F | 7.97% | |
| APH | B | 7.56% | |
| MRVL | A | 6.92% | |
| NET | B | 6.89% | |
| TSLA | A | 5.73% | |
| TER | F | 5.4% | |
| DDOG | B | 5.04% | |
| CEG | B | 4.54% | |
| SHOP | B | 4.02% | |
| ZS | C | 3.44% | |
| CFLT | A | 2.82% | |
| NVT | D | 2.06% | |
| GTLB | A | 1.93% | |
| AMKR | F | 1.91% | |
| CRWD | C | 1.48% | |
| GEV | A | 1.03% | |
| SNOW | C | 0.89% | |
| NRG | B | 0.73% | |
| MU | C | 0.47% | |
| EMR | B | 0.26% | |
| PANW | B | 0.18% | |
| RIO | B | 0.0% | |
| ROK | B | 0.0% |
SPRX Underweight 40 Positions Relative to PTF
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | -7.67% | |
| AAPL | C | -6.59% | |
| FICO | B | -4.02% | |
| KLAC | F | -3.27% | |
| ZETA | C | -3.25% | |
| COMM | A | -2.98% | |
| NTNX | B | -2.79% | |
| COHR | B | -2.75% | |
| PLTR | B | -2.73% | |
| PI | C | -2.59% | |
| GWRE | B | -2.46% | |
| MSFT | D | -2.45% | |
| VRNS | D | -2.22% | |
| TDS | B | -2.22% | |
| MSI | B | -2.21% | |
| GDDY | A | -2.18% | |
| TTD | B | -2.17% | |
| IOT | C | -2.17% | |
| ORCL | B | -2.15% | |
| AUR | B | -2.15% | |
| NTAP | D | -2.04% | |
| MTSI | B | -2.04% | |
| MPWR | F | -2.03% | |
| MANH | D | -1.97% | |
| STX | D | -1.95% | |
| AAOI | B | -1.95% | |
| VERX | B | -1.87% | |
| QTWO | A | -1.84% | |
| SMTC | B | -1.75% | |
| SITM | B | -1.73% | |
| YOU | A | -1.71% | |
| NSIT | F | -1.67% | |
| IDCC | A | -1.66% | |
| BDC | B | -1.63% | |
| ACIW | C | -1.53% | |
| ALKT | B | -1.47% | |
| MAX | D | -1.39% | |
| CVLT | B | -1.34% | |
| PAR | A | -1.21% | |
| PLUS | C | -1.12% |
SPRX: Top Represented Industries & Keywords
PTF: Top Represented Industries & Keywords
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