MGRO vs. SPRX ETF Comparison

Comparison of SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF (MGRO) to Spear Alpha ETF (SPRX)

MGRO

SHL Telemedicine Ltd VanEck Morningstar Wide Moat Growth ETF

MGRO Description

The fund invests at least 80% of its total assets in securities that comprise the index. The index is comprised of equity securities of companies that Morningstar, Inc. determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors and are attractively priced and weighted according to a modified equal weighting scheme that tilts exposure in favor of pure growth companies. It is non-diversified.

Grade (RS Rating)

Last Trade

$28.26

Average Daily Volume

468

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

$22.96

Average Daily Volume

56,407

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	MGRO	SPRX
30 Days	-3.91%	-0.61%
60 Days	-0.16%	8.25%
90 Days		-1.80%
12 Months		26.08%

1 Overlapping Holdings

	Symbol	Grade	Weight in MGRO	Weight in SPRX	Overlap
	ROK	F	4.04%	0.0%	0.0%

MGRO Overweight 9 Positions Relative to SPRX

Symbol	Grade	Weight
TYL	B	5.22%
AMZN	A	5.14%
VEEV	D	4.36%
A	C	4.29%
FTNT	F	4.26%
EFX	B	4.23%
EL	F	3.95%
MKTX	F	3.87%
ADSK	B	3.8%

MGRO Underweight 21 Positions Relative to SPRX

Symbol	Grade	Weight
NVDA	B	-13.41%
ZS	C	-9.5%
AMD	B	-8.66%
NET	D	-6.93%
SNOW	F	-6.54%
SHOP	C	-5.95%
CRWD	B	-5.13%
CEG	B	-5.09%
MRVL	B	-5.04%
DDOG	C	-4.62%
NRG	B	-4.44%
CFLT	F	-4.43%
S	D	-4.13%
HUBS	D	-3.74%
PANW	B	-3.04%
FCX	C	-2.27%
ALB	F	-1.82%
GTLB	F	-1.7%
ANET	B	-1.27%
NVT	B	-0.86%
RIO	D	-0.0%