SPRX vs. PXJ ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to PowerShares Dynamic Oil Services (PXJ)
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
PXJ
PowerShares Dynamic Oil Services
PXJ Description
The PowerShares Dynamic Oil & Gas Services Portfolio (Fund) is based on the Dynamic Oil & Gas Services 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 composed of stocks of 30 U.S. companies that assist in the production, processing and distribution of oil and gas. The Underlying Intellidex Index may include companies that are engaged in the drilling of oil and gas wells; manufacturing oil and gas field machinery and equipment; or providing services to the oil and gas industry, such as well analysis, platform and pipeline engineering and construction, logistics and transportation services, oil and gas well emergency management and geophysical data acquisition and processing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$30.81
Average Daily Volume
64,107
29
Performance
| Period | SPRX | PXJ |
|---|---|---|
| 30 Days | 12.38% | 7.26% |
| 60 Days | 20.14% | 5.11% |
| 90 Days | -3.56% | -1.01% |
| 12 Months | 37.82% | 10.85% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SPRX | Weight in PXJ | Overlap |
|---|
SPRX Overweight 23 Positions Relative to PXJ
SPRX Underweight 29 Positions Relative to PXJ
| Symbol | Grade | Weight | |
|---|---|---|---|
| BKR | B | -5.4% | |
| FTI | B | -5.17% | |
| SLB | D | -4.93% | |
| HAL | D | -4.86% | |
| NOV | F | -4.72% | |
| PTEN | F | -4.39% | |
| TDW | F | -4.23% | |
| WFRD | F | -4.17% | |
| ECO | A | -3.06% | |
| TNK | C | -2.99% | |
| INSW | B | -2.99% | |
| USAC | D | -2.98% | |
| DHT | B | -2.96% | |
| AROC | B | -2.89% | |
| STNG | B | -2.88% | |
| RES | C | -2.88% | |
| WHD | A | -2.85% | |
| ACDC | D | -2.85% | |
| HLX | C | -2.84% | |
| CLB | D | -2.84% | |
| WTTR | B | -2.81% | |
| NVGS | B | -2.8% | |
| PUMP | D | -2.7% | |
| LBRT | D | -2.69% | |
| OII | D | -2.65% | |
| HP | D | -2.63% | |
| VTOL | D | -2.61% | |
| LPG | F | -2.55% | |
| NBR | D | -2.33% |
SPRX: Top Represented Industries & Keywords
PXJ: Top Represented Industries & Keywords
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