SPRX vs. SKYU ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to ProShares Ultra Cloud Computing (SKYU)
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
$24.18
Average Daily Volume
53,403
22
SKYU
ProShares Ultra Cloud Computing
SKYU Description
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the ISE CTA Cloud Computing Index. The index is comprised of companies classified as cloud computing companies by the CTA. The Advisor expects that its cash balances maintained in connection with the use of financial instruments will typically be held in money market instruments. It invests in common stock issued by public companies. The fund invests in derivatives, which are financial instruments whose value is derived from the value of an underlying asset or assets. It is non-diversified.Grade (RS Rating)
Last Trade
$25.42
Average Daily Volume
1,425
59
Performance
| Period | SPRX | SKYU |
|---|---|---|
| 30 Days | 7.71% | 14.09% |
| 60 Days | 5.64% | 7.85% |
| 90 Days | 5.18% | 1.84% |
| 12 Months | 34.86% | 52.45% |
11 Overlapping Holdings
| Symbol | Grade | Weight in SPRX | Weight in SKYU | Overlap | |
|---|---|---|---|---|---|
| ANET | A | 1.31% | 3.59% | 1.31% | |
| CFLT | C | 4.61% | 1.75% | 1.75% | |
| CRWD | B | 5.09% | 0.63% | 0.63% | |
| DDOG | B | 4.87% | 0.6% | 0.6% | |
| GTLB | C | 1.82% | 1.61% | 1.61% | |
| HUBS | C | 3.79% | 1.47% | 1.47% | |
| NET | B | 7.56% | 2.48% | 2.48% | |
| PANW | B | 3.18% | 0.59% | 0.59% | |
| SHOP | C | 5.98% | 1.73% | 1.73% | |
| SNOW | D | 6.82% | 0.5% | 0.5% | |
| ZS | B | 9.73% | 0.57% | 0.57% |
SPRX Underweight 48 Positions Relative to SKYU
| Symbol | Grade | Weight | |
|---|---|---|---|
| ORCL | A | -3.68% | |
| AMZN | A | -3.44% | |
| MSFT | A | -3.35% | |
| PSTG | B | -3.32% | |
| GOOGL | A | -3.3% | |
| IBM | B | -3.15% | |
| NTNX | C | -3.14% | |
| MDB | D | -2.65% | |
| CSCO | D | -2.09% | |
| HPE | C | -1.83% | |
| NOW | A | -1.81% | |
| TEAM | C | -1.7% | |
| CRM | C | -1.66% | |
| NTAP | A | -1.65% | |
| APP | B | -1.57% | |
| DELL | C | -1.54% | |
| TWLO | D | -1.5% | |
| WK | F | -1.47% | |
| FIVN | D | -1.42% | |
| DOCN | C | -1.2% | |
| SAP | A | -1.13% | |
| WIX | C | -1.01% | |
| RNG | F | -0.87% | |
| SMAR | B | -0.6% | |
| APPN | D | -0.58% | |
| INTU | A | -0.57% | |
| APPF | B | -0.56% | |
| ESTC | B | -0.56% | |
| VEEV | D | -0.55% | |
| WDAY | D | -0.54% | |
| TTD | A | -0.54% | |
| TOST | B | -0.54% | |
| ASAN | D | -0.53% | |
| SPT | D | -0.53% | |
| QLYS | D | -0.52% | |
| OTEX | C | -0.52% | |
| QTWO | B | -0.51% | |
| DBX | D | -0.51% | |
| BL | D | -0.51% | |
| PAYC | F | -0.5% | |
| BLKB | D | -0.5% | |
| FSLY | F | -0.49% | |
| ZUO | C | -0.49% | |
| ZM | F | -0.49% | |
| LUMN | F | -0.49% | |
| BOX | D | -0.49% | |
| DOCU | C | -0.49% | |
| PCTY | F | -0.48% |
SPRX: Top Represented Industries & Keywords
SKYU: Top Represented Industries & Keywords
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