NIKL vs. SPRX ETF Comparison

Comparison of Sprott Nickel Miners ETF (NIKL) to Spear Alpha ETF (SPRX)

NIKL

Sprott Nickel Miners ETF

NIKL Description

The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from (i) mining, exploration, development, or production of nickel ("Nickel Mining Companies"); (ii) investments in nickel that represent all or a significant portion of their assets, and/or (iii) supplying nickel. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$15.19

Average Daily Volume

37,585

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

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

$23.28

Average Daily Volume

61,322

Number of Holdings ^*

22

* may have additional holdings in another (foreign) market

Performance

Period	NIKL	SPRX
30 Days	11.16%	6.74%
60 Days	19.43%	0.04%
90 Days	18.86%	-4.67%
12 Months	-23.16%	39.65%

1 Overlapping Holdings

	Symbol	Grade	Weight in NIKL	Weight in SPRX	Overlap
	S	D	4.37%	5.93%	4.37%

NIKL Overweight 4 Positions Relative to SPRX

	Symbol	Grade	Weight
	NIC	C	12.65%
	INCO	A	9.79%
	CTM	D	4.85%
	NIKL	C	4.02%

NIKL Underweight 21 Positions Relative to SPRX

	Symbol	Grade	Weight
	NVDA	B	-10.76%
	ZS	F	-9.1%
	AMD	D	-8.71%
	SNOW	F	-6.96%
	SHOP	F	-5.31%
	MRVL	D	-5.2%
	CEG	B	-5.13%
	NET	F	-4.95%
	CFLT	D	-4.94%
	DDOG	D	-4.73%
	CRWD	C	-4.6%
	NRG	A	-4.55%
	HUBS	D	-3.93%
	PANW	B	-2.97%
	FCX	A	-2.42%
	GTLB	F	-2.15%
	ALB	C	-2.07%
	ANET	B	-1.16%
	NVT	B	-0.87%
	RIO	B	-0.0%
	ROK	D	-0.0%

NIKL: Top Represented Industries & Keywords

Industries: Banks - Regional - US Telecom Services

Keywords: Computer Security Index Fund Artificial Intelligence Bank Bond Fund Community Bank Computer Network Security Computing Consumer Banking Crime Prevention Cryptography Cybersecurity Data Analytics Services Data Security ETF Economy Of The Midwestern United States Exchange Traded Fund Federal Government Information Governance Mackinac Financial Corporation

SPRX: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Computer Systems Copper Diversified Industrials Electronic Components Industrial Metals & Minerals Specialty Chemicals Telecom Services Utilities - Independent Power Producers Utilities - Renewable

Keywords: S&P 500 Computing Nasdaq 100 Cloud Computing Cloud Infrastructure Computer Security Deep Learning Artificial Intelligence Cybersecurity IBD 50 Mining Software As A Service Computer Architecture Computer Networking Consumer Electronics Content Control Software Design Manufacturers Electricity Fabless Semiconductor Companies Firewall