SPRX vs. UTES ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to Reaves Utilities ETF (UTES)

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

$22.41

Average Daily Volume

40,772

Number of Holdings ^*

* may have additional holdings in another (foreign) market

UTES

Reaves Utilities ETF

UTES Description

ETFis Series Trust I - Reaves Utilities ETF is an exchange traded fund launched and managed by Virtus ETF Advisers LLC. The fund is co-managed by W. H. Reaves & Co., Inc. It invests in public equity markets of the United States. The fund invests in stocks of companies operating in the utilities sector. It invests in dividend yielding stocks of companies across all market capitalization. The fund employs fundamental analysis with a bottom-up stock picking approach with a focus on factors such as conservative capital structures, solid balance sheets, history of and/or potential for growing earnings and raising dividends, lower-than-market levels of volatility, correlation or similar characteristics earnings and cash flow potential, dividend prospects and tax treatment of dividends, strength of business franchises and estimates of net asset value to create its portfolio. ETFis Series Trust I - Reaves Utilities ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$61.82

Average Daily Volume

33,199

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	UTES
30 Days	-1.95%	7.91%
60 Days	1.29%	14.05%
90 Days	-2.46%	13.40%
12 Months	27.97%	34.70%

1 Overlapping Holdings

	Symbol	Grade	Weight in SPRX	Weight in UTES	Overlap
	CEG	C	4.72%	10.24%	4.72%

SPRX Overweight 21 Positions Relative to UTES

Symbol	Grade	Weight
NVDA	D	13.23%
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	D	4.7%
HUBS	D	3.49%
CFLT	F	3.31%
MU	F	3.0%
CRWD	D	2.5%
GTLB	D	2.19%
SNOW	F	2.0%
NRG	C	1.73%
ANET	B	1.46%
NVT	D	0.73%
PANW	D	0.2%
RIO	D	0.0%
ROK	D	0.0%

SPRX Underweight 16 Positions Relative to UTES

Symbol	Grade	Weight
NEE	C	-17.92%
VST	C	-8.9%
PCG	C	-6.09%
CNP	C	-5.04%
PEG	B	-4.8%
EIX	C	-4.7%
ATO	B	-4.64%
PNW	C	-4.54%
ETR	B	-4.46%
SRE	C	-4.42%
DTE	C	-4.35%
PNM	B	-3.2%
CMS	C	-3.1%
NI	B	-3.02%
IDA	C	-1.24%
PPL	C	-1.04%