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

Number of Holdings *

28

* may have additional holdings in another (foreign) market
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

Number of Holdings *

40

* may have additional holdings in another (foreign) market
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%
7 Overlapping Holdings
Symbol Grade Weight in SPRX Weight in WFH Overlap
CRWD B 1.02% 2.72% 1.02%
DDOG B 4.96% 2.61% 2.61%
MRVL B 7.48% 2.82% 2.82%
NET B 6.12% 2.62% 2.62%
PANW B 0.19% 2.46% 0.19%
S B 9.03% 2.61% 2.61%
ZS B 3.48% 2.71% 2.71%
SPRX Overweight 21 Positions Relative to WFH
Symbol Grade Weight
NVDA A 14.12%
TSLA B 6.41%
TER F 5.2%
CEG D 4.94%
SHOP B 4.18%
APH B 3.82%
ANET C 3.67%
AMD F 3.61%
CRDO C 3.49%
ON F 3.1%
WOLF F 2.9%
CFLT B 2.28%
GTLB B 2.11%
COHR C 2.08%
AMKR F 1.85%
GEV B 1.13%
SNOW C 0.91%
NRG C 0.78%
MU D 0.48%
RIO F 0.0%
ROK B 0.0%
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%
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