SPRX - ETF AI Analysis
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Spear Alpha ETF (SPRX)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Many of the largest positions have shown strong gains this year, helping drive the ETF’s overall performance.
Focused Technology Exposure
The fund’s heavy tilt toward technology companies gives investors targeted access to a fast-growing, innovation-driven sector.
Solid Year-to-Date Results
The ETF has delivered strong year-to-date performance, indicating that its strategy has recently been working well for investors.
Negative Factors
High Sector Concentration
With most assets in technology, the fund is vulnerable if this single sector experiences a downturn.
Single-Country Risk
The ETF is almost entirely invested in U.S. companies, offering little geographic diversification if the U.S. market weakens.
Relatively High Expense Ratio
The fund’s management fee is on the higher side for an ETF, which can eat into long-term returns compared with lower-cost options.
SPRX vs. SPDR S&P 500 ETF (SPY)
AUM227.48M
RegionGlobal
Expense Ratio0.75%
Beta1.97
IssuerSpear
Inception DateAug 02, 2021
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume176,498
30 Day Avg. Volume151,692
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
56.98Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering28
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPRX Summary
The Spear Alpha ETF (SPRX) is a thematic fund that invests in innovative U.S. companies, mainly in technology, with some exposure to financials and communication services. It does not track a traditional index, but instead focuses on big trends like artificial intelligence, advanced chips, and digital infrastructure. Well-known holdings include Meta Platforms and ARM Holdings. Someone might invest in SPRX to seek long-term growth by backing companies driving future technologies and to get diversified exposure within tech-related themes. A key risk is that it is heavily concentrated in tech stocks, so its price can swing sharply and may fall more than the overall market.
How much will it cost me?The Spear Alpha ETF (SPRX) has an expense ratio of 0.75%, meaning you’ll pay $7.50 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on innovative and high-growth sectors that require more research and expertise.
What would affect this ETF?The Spear Alpha ETF (SPRX) could benefit from continued advancements in technology, renewable energy, and biotechnology, as these sectors are key drivers of innovation globally. However, potential risks include rising interest rates, which can negatively impact growth-focused investments, and regulatory changes in technology or energy sectors that could create uncertainty for its top holdings. Global economic conditions and competition within these industries may also influence the ETF's performance.
SPRX Top 10 Holdings
SPRX is essentially a bet on cutting-edge tech hardware and infrastructure, with chip and semiconductor names like ARM, KLA, Lam Research, and MKS Instruments doing much of the heavy lifting. ARM and MKS have been rising this year, helping power the fund, while Astera Labs and Coherent look more mixed, losing steam in the near term despite solid long-run stories tied to AI and data centers. Cloudflare adds a steady software angle, and Meta brings big-platform exposure. Overall, it’s a globally focused, innovation-heavy portfolio with performance driven by a handful of concentrated tech winners.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Astera Labs, Inc. | 10.95% | $24.90M | $53.35B | 86.40% | 68 Neutral | |
| Coherent Corp | 9.22% | $20.97M | $51.43B | 228.42% | 66 Neutral | |
| Lam Research | 8.49% | $19.30M | $366.44B | 206.00% | 77 Outperform | |
| Cloudflare | 7.93% | $18.02M | $99.07B | 46.76% | 61 Neutral | |
| ARM Holdings PLC ADR | 7.87% | $17.89M | $255.99B | 104.02% | 69 Neutral | |
| MKS | 7.21% | $16.40M | $20.09B | 206.92% | 75 Outperform | |
| KLA | 6.23% | $14.17M | $238.81B | 116.56% | 77 Outperform | |
| Lumentum Holdings | 6.14% | $13.96M | $55.54B | 665.60% | 61 Neutral | |
| Applied Digital Corporation | 4.15% | $9.42M | $7.98B | 105.77% | 54 Neutral | |
| TeraWulf Inc | 4.00% | $9.10M | $8.75B | 239.56% | 50 Neutral |
SPRX Technical Analysis
Positive
―
Price Trends
50.69
Negative
46.93
Positive
43.35
Positive
Market Momentum
-1.02
Negative
54.06
Neutral
84.62
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPRX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 45.13, equal to the 50-day MA of 50.69, and equal to the 200-day MA of 43.35, indicating a neutral trend. The MACD of -1.02 indicates Negative momentum. The RSI at 54.06 is Neutral, neither overbought nor oversold. The STOCH value of 84.62 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPRX.
SPRX Peer Comparison
Comparison Results
Performance Comparison
SPRX
Spear Alpha ETF
48.82
14.01
40.25%
ILDR
First Trust Innovation Leaders ETF
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TMAT
Main Thematic Innovation ETF
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YNOT
Horizon Digital Frontier ETF
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NBDS
Neuberger Berman Disrupters ETF
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FFND
Future Fund Active ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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