JFWD vs. SPRX ETF Comparison

Comparison of Jacob Funds Inc. Jacob Forward ETF (JFWD) to Spear Alpha ETF (SPRX)

JFWD

Jacob Funds Inc. Jacob Forward ETF

JFWD Description

The Jacob Forward ETF is an exchange-traded fund incorporated in the US. This fund seeks long-term growth of capital. The Fund seeks to achieve its investment objective by investing in common stocks and other equity securities of companies of all sizes. The Fund may have significant exposure to the information technology sector.

Grade (RS Rating)

Last Trade

$12.15

Average Daily Volume

461

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

$26.16

Average Daily Volume

21,609

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JFWD	SPRX
30 Days	11.96%	8.37%
60 Days	11.62%	15.70%
90 Days	13.54%	14.48%
12 Months	45.25%	40.78%

2 Overlapping Holdings

	Symbol	Grade	Weight in JFWD	Weight in SPRX	Overlap
	CFLT	B	2.65%	2.42%	2.42%
	NET	B	3.34%	4.79%	3.34%

JFWD Overweight 32 Positions Relative to SPRX

Symbol	Grade	Weight
HROW	D	7.97%
PRCH	B	5.13%
Z	A	5.02%
AIOT	B	4.98%
CDNA	D	4.82%
ATEC	C	4.72%
ESPR	B	4.67%
SQ	A	4.64%
DKNG	B	4.61%
DOCS	C	4.54%
INSE	C	4.5%
MDB	B	3.92%
BRZE	C	3.25%
TELA	D	3.1%
HRTX	F	2.78%
CDXS	B	2.59%
OPRX	F	2.53%
KRYS	C	2.46%
SOFI	B	2.22%
PHR	F	2.08%
COIN	C	2.01%
IMMR	C	1.14%
FLUT	A	1.05%
IDYA	F	0.97%
BEAM	D	0.96%
ATHM	C	0.84%
CELC	F	0.77%
HUYA	F	0.74%
ARCT	F	0.67%
CRSP	D	0.64%
PI	D	0.59%
APPS	F	0.18%

JFWD Underweight 26 Positions Relative to SPRX

Symbol	Grade	Weight
NVDA	B	-13.96%
S	B	-9.02%
MRVL	B	-7.22%
TSLA	B	-7.18%
ZS	B	-6.18%
TER	F	-4.99%
DDOG	A	-4.94%
CEG	C	-4.65%
CRDO	B	-3.42%
ANET	C	-3.39%
AMD	F	-3.34%
ON	D	-2.97%
WOLF	F	-2.83%
SHOP	B	-2.72%
GTLB	B	-2.12%
COHR	B	-1.96%
AMKR	D	-1.75%
APH	A	-1.38%
GEV	B	-1.13%
CRWD	B	-1.08%
SNOW	B	-0.97%
NRG	B	-0.76%
MU	D	-0.43%
PANW	B	-0.2%
RIO	D	-0.0%
ROK	C	-0.0%