FTXL vs. SPRX ETF Comparison
Comparison of First Trust Nasdaq Semiconductor ETF (FTXL) to Spear Alpha ETF (SPRX)
FTXL
First Trust Nasdaq Semiconductor ETF
FTXL Description
The First Trust Nasdaq Semiconductor ETF is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before the Fund's fees and expenses, of an index called the Nasdaq US Smart Semiconductor Index. The Fund seeks to replicate the holdings and weightings of the Nasdaq US Smart Semiconductor Index so as to generate performance results 95% correlated to that of the Nasdaq US Smart Semiconductor Index.
Grade (RS Rating)
Last Trade
$88.64
Average Daily Volume
28,496
31
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
$26.16
Average Daily Volume
21,609
28
Performance
Period | FTXL | SPRX |
---|---|---|
30 Days | -4.07% | 8.37% |
60 Days | -1.84% | 15.70% |
90 Days | -6.26% | 14.48% |
12 Months | 22.74% | 40.78% |
FTXL Overweight 23 Positions Relative to SPRX
Symbol | Grade | Weight | |
---|---|---|---|
INTC | C | 8.92% | |
AVGO | D | 8.81% | |
AMAT | F | 7.7% | |
QCOM | F | 7.59% | |
TXN | C | 4.04% | |
ADI | D | 3.81% | |
LRCX | F | 3.75% | |
NXPI | D | 3.57% | |
MCHP | F | 3.33% | |
KLAC | F | 3.3% | |
SWKS | F | 3.23% | |
AVT | C | 2.22% | |
QRVO | F | 1.45% | |
MPWR | F | 1.26% | |
CRUS | D | 1.13% | |
RMBS | B | 0.74% | |
MTSI | B | 0.62% | |
PI | D | 0.6% | |
LSCC | D | 0.59% | |
SMTC | B | 0.58% | |
FORM | D | 0.45% | |
ONTO | F | 0.42% | |
ACLS | F | 0.39% |
FTXL Underweight 20 Positions Relative to SPRX
FTXL: Top Represented Industries & Keywords
SPRX: Top Represented Industries & Keywords