SPRX vs. QQQA ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA)

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

$22.61

Average Daily Volume

40,686

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQQA

ProShares Nasdaq-100 Dorsey Wright Momentum ETF

QQQA Description

ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies operating in the non-financial companies. The fund invests in momentum stocks of large cap companies. It replicates the performance of Nasdaq-100 Dorsey Wright Select Index. ProShares Trust - ProShares Nasdaq-100 Dorsey Wright Momentum ETF was formed on May 18, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$42.91

Average Daily Volume

2,232

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	QQQA
30 Days	-2.50%	0.19%
60 Days	0.63%	-2.52%
90 Days	-1.52%	-8.05%
12 Months	34.26%	29.33%

4 Overlapping Holdings

Symbol	Grade	Weight in SPRX	Weight in QQQA	Overlap
CEG	A	4.72%	4.76%	4.72%
CRWD	D	2.5%	3.77%	2.5%
MU	F	3.0%	3.55%	3.0%
NVDA	D	13.23%	5.02%	5.02%

SPRX Overweight 18 Positions Relative to QQQA

Symbol	Grade	Weight
ZS	F	9.39%
MRVL	C	9.12%
S	C	8.4%
NET	D	7.98%
SHOP	C	7.0%
AMD	D	6.82%
DDOG	D	5.5%
APH	C	4.7%
HUBS	D	3.49%
CFLT	F	3.31%
GTLB	D	2.19%
SNOW	F	2.0%
NRG	A	1.73%
ANET	A	1.46%
NVT	D	0.73%
PANW	C	0.2%
RIO	D	0.0%
ROK	F	0.0%

SPRX Underweight 17 Positions Relative to QQQA

Symbol	Grade	Weight
COST	B	-5.91%
NFLX	B	-5.77%
META	A	-5.73%
BKNG	B	-5.26%
AVGO	C	-5.26%
AMZN	C	-5.23%
TSLA	C	-5.04%
PCAR	D	-5.02%
CPRT	D	-4.85%
CDNS	D	-4.65%
KLAC	D	-4.65%
FANG	D	-4.55%
QCOM	F	-4.44%
SNPS	D	-4.33%
ARM	C	-4.18%
AMAT	D	-4.09%
LRCX	F	-3.8%