ADPV vs. SPRX ETF Comparison

Comparison of Adaptiv Select ETF (ADPV) to Spear Alpha ETF (SPRX)

ADPV

Adaptiv Select ETF

ADPV Description

To achieve its investment objective of long-term capital appreciation, the fund will invest substantially all of its net assets in a portfolio of publicly-listed equity securities of U.S. large capitalization companies during broad U.S. equity market uptrends. The fund will primarily own common stocks, but may also invest in equity securities of REITS to the extent such REITS are among the 1,000 largest capitalized U.S.-listed stocks. It is non-diversified.

Grade (RS Rating)

Last Trade

$29.54

Average Daily Volume

4,155

Number of Holdings ^*

* 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

$22.40

Average Daily Volume

92,280

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ADPV	SPRX
30 Days	-2.09%	-3.36%
60 Days	4.71%	-9.49%
90 Days	15.14%	-5.84%
12 Months	31.85%	62.74%

1 Overlapping Holdings

	Symbol	Grade	Weight in ADPV	Weight in SPRX	Overlap
	NRG	A	4.38%	4.28%	4.28%

ADPV Overweight 9 Positions Relative to SPRX

Symbol	Grade	Weight
VRT	A	5.88%
VST	A	5.79%
CNM	A	5.22%
APP	B	5.13%
NTNX	C	4.79%
UBER	D	4.69%
INFA	D	4.34%
HOOD	C	4.3%
OWL	C	4.14%

ADPV Underweight 24 Positions Relative to SPRX

Symbol	Grade	Weight
NVDA	C	-10.32%
ZS	D	-9.69%
AMD	D	-7.2%
SNOW	D	-7.19%
S	D	-6.06%
MRVL	D	-4.9%
CFLT	D	-4.82%
CRWD	D	-4.7%
CEG	A	-4.57%
FCX	A	-4.56%
HUBS	D	-4.39%
SHOP	D	-4.19%
NET	F	-3.88%
DDOG	C	-3.29%
ALB	D	-2.77%
RIVN	F	-2.34%
GTLB	F	-2.21%
NVT	A	-1.18%
ANET	D	-1.06%
U	F	-0.86%
PH	C	-0.32%
PANW	B	-0.0%
RIO	A	-0.0%
ROK	F	-0.0%