SPRX vs. SPAM ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to Themes Cybersecurity ETF (SPAM)

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

$20.54

Average Daily Volume

55,241

Number of Holdings ^*

22

* may have additional holdings in another (foreign) market

SPAM

Themes Cybersecurity ETF

SPAM Description

The index is designed to provide exposure to companies that have business operations in the cybersecurity industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.49

Average Daily Volume

624

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	SPAM
30 Days	-13.62%	-3.30%
60 Days	-6.85%	2.13%
90 Days	-8.30%	-0.86%
12 Months	10.67%

3 Overlapping Holdings

	Symbol	Grade	Weight in SPRX	Weight in SPAM	Overlap
	CRWD	F	2.48%	8.3%	2.48%
	PANW	C	0.18%	8.49%	0.18%
	ZS	F	10.28%	7.03%	7.03%

SPRX Overweight 19 Positions Relative to SPAM

	Symbol	Grade	Weight
	NVDA	D	12.5%
	AMD	F	8.78%
	APH	D	8.0%
	NET	D	7.92%
	SNOW	F	7.24%
	SHOP	F	6.41%
	DDOG	F	6.05%
	S	C	5.69%
	MRVL	F	4.76%
	CFLT	F	4.27%
	CEG	D	4.25%
	HUBS	F	3.52%
	GTLB	D	2.16%
	NRG	D	2.12%
	ANET	C	1.3%
	NVT	D	0.8%
	MU	D	0.35%
	RIO	F	0.0%
	ROK	D	0.0%

SPRX Underweight 5 Positions Relative to SPAM

	Symbol	Grade	Weight
	CACI	A	-7.78%
	CYBR	C	-7.1%
	BAH	D	-7.03%
	VRNS	B	-6.84%
	CHKP	A	-6.79%

SPRX: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Electronic Components Computer Systems Diversified Industrials Industrial Metals & Minerals Semiconductor Memory Telecom Services Utilities - Independent Power Producers Utilities - Renewable

Keywords: S&P 500 Computing Nasdaq 100 Cloud Computing Cloud Infrastructure Computer Security Deep Learning Artificial Intelligence Cybersecurity Design Manufacturers IBD 50 Software As A Service Computer Architecture Computer Networking Consumer Devices Consumer Electronics Content Control Software Electricity Fabless Semiconductor Companies Firewall

SPAM: Top Represented Industries & Keywords

Industries: Software - Infrastructure Software - Application Business Services Information Technology Services

Keywords: Computer Security Cybersecurity Nasdaq 100 Computer Network Security Computing Firewall Software Malware Security Solution Antivirus Software Content Control Software Cyberwarfare Deep Learning Homeland Security Linux National Security S&P 500 Security Engineering Security Management Security Management Solution Security Services