SPRX vs. WFH ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to Direxion Work From Home ETF (WFH)
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
$24.57
Average Daily Volume
26,017
28
WFH
Direxion Work From Home ETF
WFH Description
The Direxion Work From Home ETF offers exposure to companies across four technology pillars, allowing investors to gain exposure to those companies that stand to benefit from an increasingly flexible work environment. The four pillars include Cloud Technologies, Cybersecurity, Online Project and Document Management, and Remote Communications. Companies are selected for inclusion in the index by ARTIS, a proprietary natural language processing algorithm, which uses key words to evaluate large volumes of publicly available information, such as annual reports, business descriptions and financial news.Grade (RS Rating)
Last Trade
$63.73
Average Daily Volume
928
40
Performance
Period | SPRX | WFH |
---|---|---|
30 Days | 2.86% | 5.53% |
60 Days | 13.57% | 13.42% |
90 Days | 9.18% | 15.30% |
12 Months | 33.27% | 29.35% |
SPRX Overweight 21 Positions Relative to WFH
SPRX Underweight 33 Positions Relative to WFH
Symbol | Grade | Weight | |
---|---|---|---|
TEAM | B | -3.07% | |
DOCU | B | -2.9% | |
RNG | C | -2.84% | |
ORCL | A | -2.84% | |
ATUS | C | -2.81% | |
PEGA | B | -2.78% | |
CRM | B | -2.73% | |
HUBS | B | -2.67% | |
AMZN | A | -2.64% | |
NOW | A | -2.63% | |
SMAR | A | -2.61% | |
ZM | B | -2.58% | |
CSCO | A | -2.57% | |
AVGO | C | -2.57% | |
GOOGL | C | -2.49% | |
MOMO | C | -2.46% | |
META | B | -2.46% | |
NTCT | B | -2.4% | |
DOCN | C | -2.39% | |
SNX | C | -2.37% | |
CYBR | B | -2.35% | |
FTNT | B | -2.32% | |
IBM | D | -2.31% | |
MSFT | C | -2.27% | |
OKTA | C | -2.25% | |
BOX | A | -2.25% | |
NTAP | D | -2.24% | |
YY | C | -2.19% | |
VZ | D | -2.19% | |
WDAY | B | -2.15% | |
VRNS | C | -2.14% | |
ADBE | C | -1.94% | |
XRX | F | -1.83% |
SPRX: Top Represented Industries & Keywords
WFH: Top Represented Industries & Keywords