SPRX vs. CLDL ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to Direxion Daily Cloud Computing Bull 2X Shares (CLDL)
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

$23.18

Average Daily Volume

68,390

Number of Holdings *

23

* may have additional holdings in another (foreign) market
CLDL

Direxion Daily Cloud Computing Bull 2X Shares

CLDL Description The investment seeks daily investment results, before fees and expenses, of 200% of the daily performance of the the Indxx USA Cloud Computing Index. The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is provided by Indxx, LLC and includes domestic companies that deliver cloud computing infrastructure, platforms, or services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$10.33

Average Daily Volume

13,779

Number of Holdings *

49

* may have additional holdings in another (foreign) market
Performance
Period SPRX CLDL
30 Days 4.82% 7.16%
60 Days 0.49% -6.09%
90 Days -8.36% -10.72%
12 Months 45.47% 52.39%
3 Overlapping Holdings
Symbol Grade Weight in SPRX Weight in CLDL Overlap
CRWD C 4.39% 4.14% 4.14%
SNOW D 7.36% 4.3% 4.3%
ZS F 9.48% 2.8% 2.8%
SPRX Overweight 20 Positions Relative to CLDL
Symbol Grade Weight
NVDA B 11.04%
AMD D 8.36%
S D 6.02%
SHOP F 5.54%
CEG B 5.07%
NET F 5.06%
MRVL C 4.9%
CFLT C 4.89%
NRG B 4.73%
DDOG D 4.69%
HUBS D 4.04%
ALB D 3.09%
FCX B 2.52%
GTLB D 2.06%
ANET B 1.22%
RIVN F 0.95%
NVT B 0.87%
PANW C 0.0%
RIO A 0.0%
ROK F 0.0%
SPRX Underweight 46 Positions Relative to CLDL
Symbol Grade Weight
SAP B -4.15%
ADBE F -4.04%
NOW C -4.02%
TEAM F -3.95%
CRM D -3.84%
ORCL C -3.84%
WDAY D -3.81%
VEEV D -3.75%
ADSK F -3.47%
MSTR D -3.32%
NTNX B -2.88%
ZM D -2.65%
AKAM F -2.53%
DOCU C -2.18%
TWLO D -1.93%
PAYC F -1.58%
PCTY C -1.32%
SPSC C -1.27%
DBX D -1.08%
BILL F -1.06%
QLYS F -0.97%
APPF B -0.88%
WK D -0.73%
ACIW B -0.69%
FIVN F -0.69%
INFA D -0.68%
BOX D -0.66%
BLKB C -0.59%
ALRM D -0.58%
BL D -0.53%
RNG C -0.53%
AI D -0.47%
FRSH F -0.43%
NCNO D -0.36%
DOCN D -0.35%
CWAN C -0.32%
EVBG D -0.24%
ZUO C -0.24%
PRO F -0.23%
MODN C -0.19%
PYCR F -0.18%
RDWR B -0.12%
VMEO D -0.11%
ENFN C -0.08%
BLND C -0.08%
SEMR B -0.06%
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