Spear Alpha ETF
SPRX - ETF AI Analysis
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Spear Alpha ETF (SPRX)
SPRX, the Spear Alpha ETF, has a solid overall rating driven mainly by strong, growth-focused holdings like Lam Research, ARM, and Credo Technology Group, which benefit from robust financial performance, positive earnings calls, and exposure to AI and advanced technologies. However, weaker names such as Applied Optoelectronics face financial and valuation challenges, and several top positions show high valuation and profitability risks, meaning investors should be aware of both the growth potential and the concentration of risk in AI and tech-related sectors.
SPRX vs. SPDR S&P 500 ETF (SPY)
- AUM
- 160.33M
- Region
- Global
- Expense Ratio
- 0.75%
- Beta
- 2.15
- Issuer
- Spear
- Inception Date
- Aug 02, 2021
- Dividend Yield
- 0.00%
- Asset Class
- Equity
- Index Tracked
- No Underlying Index
SPRX Summary
SPRX, the Spear Alpha ETF, is a U.S.-focused fund that invests in innovative themes rather than tracking a traditional index. It mainly holds technology and other cutting-edge companies tied to trends like artificial intelligence, cloud computing, and advanced chips. Well-known names in the fund include Cloudflare and ARM Holdings. Someone might invest in SPRX to seek long-term growth and to get diversified exposure to several fast-growing tech-related areas in a single investment. A key risk is that it is heavily concentrated in technology stocks, so its price can rise or fall sharply with changes in the tech sector and overall market.
How much will it cost me?
This ETF has an expense ratio of 0.75%, which means you’ll pay about $7.50 per year for every $1,000 you invest. That’s higher than the average ETF because it’s actively managed and focuses on specialized, innovative sectors rather than simply tracking a broad market index.
What would affect this ETF?
Because SPRX is heavily invested in global technology and innovation leaders like Astera Labs, Cloudflare, ARM, and semiconductor and networking companies, it could benefit from growing demand for artificial intelligence, cloud computing, and high-speed data infrastructure, as well as supportive government policies for digital and clean-energy projects. On the negative side, higher interest rates, economic slowdowns, tighter tech regulations, or a pullback in investor appetite for high-growth, innovation-focused companies could hurt performance, especially given its concentrated exposure to a single sector.
SPRX Top 10 Holdings
SPRX is essentially a bet on cutting-edge tech hardware and infrastructure, with names like Astera Labs, ARM, Lam Research, and Lumentum steering the ship. The fund leans heavily into AI-related chips and optical networking, so it’s more about the plumbing behind the digital world than flashy consumer apps. Recent performance has been mixed: Lumentum and Ciena are rising, while Lam Research and Coherent look a bit tired and are holding returns back. With a mostly global tech lineup and a dash of SpaceX, this ETF is concentrated, bold, and firmly future-focused.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 ALAB | Astera Labs, Inc. | 10.17% | $13.96M | $37.78B | 24.43% | 68Neutral |
 NET | Cloudflare | 9.56% | $13.13M | $108.84B | 27.14% | 61Neutral |
 ARM | ARM Holdings PLC ADR | 8.85% | $12.14M | $193.12B | 17.21% | 69Neutral |
 COHR | Coherent Corp | 8.60% | $11.81M | $42.28B | 28.75% | 66Neutral |
 LRCX | Lam Research | 6.88% | $9.44M | $277.80B | 33.67% | 77Outperform |
 SPCX | SpaceX | 6.27% | $8.61M | $1.94T | -11.10% | ―― |
 LITE | Lumentum Holdings | 6.24% | $8.57M | $53.11B | 125.31% | 61Neutral |
 CIEN | Ciena | 5.07% | $6.95M | $38.59B | 30.35% | 70Outperform |
 KLAC | KLA | 5.03% | $6.90M | $199.34B | 25.61% | 77Outperform |
 AAOI | Applied Optoelectronics | 5.00% | $6.86M | $4.39B | 90.09% | 52Neutral |
SPRX Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPRX, the sentiment is Negative. The current price of 33.32 is below the 20-day moving average (MA) of 37.21, below the 50-day MA of 43.03, and below the 200-day MA of 44.69, indicating a bearish trend. The MACD of -3.47 indicates Positive momentum. The RSI at 38.68 is Neutral, neither overbought nor oversold. The STOCH value of 32.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SPRX.
SPRX Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| SPRX | $33.32 | $49.00(47.06% Upside) | $160.33M | 0.75% | 65Neutral |
 ILDR | $35.19 | $49.88(41.75% Upside) | $329.40M | 0.75% | 67Neutral |
 TMAT | $26.04 | $35.99(38.19% Upside) | $230.55M | 0.79% | 67Neutral |
 YNOT | $28.46 | $39.12(37.49% Upside) | $192.09M | 0.75% | 61Neutral |
 NBDS | $37.50 | $51.14(36.37% Upside) | $168.62M | 0.40% | 67Neutral |
 FITZ | $25.88 | $31.19(20.52% Upside) | $110.11M | 0.75% | 69Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SPRX | Spear Alpha ETF | 33.32 | -3.97 | -10.65% | |
| ILDR | First Trust Innovation Leaders ETF | 35.19 | 2.50 | 7.63% | |
| TMAT | Main Thematic Innovation ETF | 26.04 | 0.48 | 1.86% | |
| YNOT | Horizon Digital Frontier ETF | 28.45 | 0.27 | 0.95% | |
| NBDS | Neuberger Berman Disrupters ETF | 37.50 | 1.83 | 5.13% | |
| FITZ | Fitz-Gerald Must Have Portfolio ETF | 25.88 | 0.63 | 2.49% |
This 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.