SPRX vs. WISE ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to Themes Generative Artificial Intelligence ETF (WISE)

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

$24.78

Average Daily Volume

24,409

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WISE

Themes Generative Artificial Intelligence ETF

WISE Description

The index is designed to provide exposure to companies that have business operations in AI related industries. 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

$32.00

Average Daily Volume

2,611

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	WISE
30 Days	2.24%	3.62%
60 Days	9.62%	9.97%
90 Days	6.88%	10.88%
12 Months	32.40%

6 Overlapping Holdings

Symbol	Grade	Weight in SPRX	Weight in WISE	Overlap
AMD	F	3.34%	4.04%	3.34%
ANET	C	3.39%	2.42%	2.42%
NVDA	A	13.96%	4.87%	4.87%
S	B	9.02%	0.72%	0.72%
SNOW	C	0.97%	2.51%	0.97%
TSLA	A	7.18%	1.16%	1.16%

SPRX Overweight 22 Positions Relative to WISE

Symbol	Grade	Weight
MRVL	B	7.22%
ZS	B	6.18%
TER	F	4.99%
DDOG	A	4.94%
NET	B	4.79%
CEG	C	4.65%
CRDO	B	3.42%
ON	F	2.97%
WOLF	F	2.83%
SHOP	B	2.72%
CFLT	B	2.42%
GTLB	B	2.12%
COHR	B	1.96%
AMKR	F	1.75%
APH	B	1.38%
GEV	A	1.13%
CRWD	B	1.08%
NRG	B	0.76%
MU	D	0.43%
PANW	B	0.2%
RIO	D	0.0%
ROK	B	0.0%

SPRX Underweight 30 Positions Relative to WISE

Symbol	Grade	Weight
SOUN	C	-5.05%
AMZN	B	-4.63%
INTC	C	-4.63%
GDYN	C	-4.27%
PATH	C	-4.16%
GOOGL	B	-4.04%
ORCL	A	-3.88%
MSFT	D	-3.76%
AI	B	-3.69%
AVGO	C	-3.38%
CRM	B	-3.25%
BBAI	C	-3.24%
QUIK	F	-3.19%
VERI	F	-2.95%
PLTR	A	-2.74%
AMBA	B	-2.57%
BIDU	F	-2.47%
AAPL	C	-2.28%
CEVA	B	-2.23%
EXLS	B	-1.8%
ZETA	D	-1.38%
META	C	-1.36%
IBM	C	-1.26%
SNPS	C	-1.04%
LSCC	D	-0.88%
BABA	D	-0.6%
FICO	B	-0.56%
TIXT	D	-0.39%
CRVL	A	-0.23%
ACN	C	-0.11%