SPRX vs. UFO ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to Procure Space ETF (UFO)
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
UFO
Procure Space ETF
UFO Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the "S-Network Space Index". The fund invests, under normal circumstances, at least 80% of its net assets in companies of the underlying index that receive at least 50% of their revenues or profits from space-related businesses. The underlying index is designed to serve as an equity benchmark for a globally traded portfolio of companies that are engaged in space-related business, such as those utilizing satellite technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$19.50
Average Daily Volume
14,306
22
Performance
| Period | SPRX | UFO |
|---|---|---|
| 30 Days | 5.57% | 2.74% |
| 60 Days | 5.38% | 4.21% |
| 90 Days | 18.75% | 16.35% |
| 12 Months | 46.87% | 23.27% |
0 Overlapping Holdings
| Symbol | Grade | Weight in SPRX | Weight in UFO | Overlap |
|---|
SPRX Overweight 26 Positions Relative to UFO
| 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% | |
| ANET | B | 3.5% | |
| 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 22 Positions Relative to UFO
| Symbol | Grade | Weight | |
|---|---|---|---|
| RKLB | A | -7.21% | |
| IRDM | B | -5.15% | |
| SATS | B | -5.12% | |
| TRMB | A | -4.91% | |
| SIRI | C | -4.76% | |
| NPAB | D | -4.45% | |
| GSAT | C | -4.07% | |
| GRMN | A | -4.01% | |
| PL | B | -3.66% | |
| LUNR | B | -3.46% | |
| VSAT | F | -3.11% | |
| LHX | A | -2.44% | |
| HON | B | -2.43% | |
| CMCSA | A | -2.4% | |
| RTX | C | -2.4% | |
| LMT | D | -2.28% | |
| NOC | D | -2.26% | |
| BA | F | -2.19% | |
| RDW | B | -1.9% | |
| BALL | F | -0.69% | |
| CMTL | F | -0.57% | |
| LLAP | F | -0.36% |
SPRX: Top Represented Industries & Keywords
UFO: Top Represented Industries & Keywords
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