SPRX vs. WUGI ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to Esoterica NextG Economy ETF (WUGI)

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

$22.42

Average Daily Volume

40,772

Number of Holdings ^*

* may have additional holdings in another (foreign) market

WUGI

Esoterica NextG Economy ETF

WUGI Description

The investment seeks capital appreciation. The fund is an actively-managed ETF that will invest, under normal circumstances, at least 80% of its total assets in domestic and foreign equity securities of companies whose economic fortunes are significantly tied to the fifth generation digital cellular network technology (5G) enabled digital economy, including companies involved in the production of 5G technology and companies that may benefit from the use of 5G. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$68.56

Average Daily Volume

3,056

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	WUGI
30 Days	-1.95%	-1.26%
60 Days	1.29%	1.97%
90 Days	-2.46%	-1.28%
12 Months	27.97%	53.42%

8 Overlapping Holdings

Symbol	Grade	Weight in SPRX	Weight in WUGI	Overlap
AMD	D	6.82%	2.1%	2.1%
DDOG	D	5.5%	0.47%	0.47%
HUBS	D	3.49%	1.25%	1.25%
MU	F	3.0%	0.71%	0.71%
NET	D	7.98%	1.89%	1.89%
NVDA	D	13.23%	22.64%	13.23%
SNOW	F	2.0%	2.04%	2.0%
ZS	F	9.39%	1.24%	1.24%

SPRX Overweight 14 Positions Relative to WUGI

Symbol	Grade	Weight
MRVL	C	9.12%
S	C	8.4%
SHOP	C	7.0%
CEG	C	4.72%
APH	D	4.7%
CFLT	F	3.31%
CRWD	D	2.5%
GTLB	D	2.19%
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 WUGI

Symbol	Grade	Weight
META	B	-8.05%
AVGO	C	-7.21%
AMZN	C	-7.06%
MSFT	C	-6.66%
TSM	C	-6.22%
ASML	F	-5.46%
SNPS	D	-3.75%
MTSI	D	-2.78%
MDB	D	-2.07%
BEKE	D	-1.61%
GOOG	D	-1.52%
NOW	B	-1.07%
ORCL	C	-1.02%
SE	B	-0.8%
TTWO	C	-0.7%
GOTU	F	-0.38%