SPRX vs. FBOT ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to Fidelity Disruptive Automation ETF (FBOT)

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

$26.43

Average Daily Volume

21,769

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FBOT

Fidelity Disruptive Automation ETF

FBOT Description

The fund normally invests at least 80% of assets in securities of disruptive automation companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.82

Average Daily Volume

9,711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	FBOT
30 Days	11.28%	4.47%
60 Days	16.53%	6.61%
90 Days	15.66%	5.14%
12 Months	42.23%	18.29%

4 Overlapping Holdings

Symbol	Grade	Weight in SPRX	Weight in FBOT	Overlap
NVDA	C	13.96%	6.08%	6.08%
ROK	B	0.0%	2.66%	0.0%
TER	D	4.99%	3.53%	3.53%
TSLA	B	7.18%	2.99%	2.99%

SPRX Overweight 24 Positions Relative to FBOT

Symbol	Grade	Weight
S	B	9.02%
MRVL	B	7.22%
ZS	C	6.18%
DDOG	A	4.94%
NET	B	4.79%
CEG	D	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%
CFLT	B	2.42%
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	C	0.97%
NRG	B	0.76%
MU	D	0.43%
PANW	C	0.2%
RIO	D	0.0%

SPRX Underweight 16 Positions Relative to FBOT

Symbol	Grade	Weight
PTC	A	-5.55%
ACN	C	-2.9%
ISRG	A	-2.58%
DE	A	-2.53%
SNPS	B	-2.35%
GOOG	C	-2.29%
AME	A	-1.77%
ADSK	A	-1.57%
CAT	B	-1.52%
MANH	D	-1.49%
UBER	D	-1.43%
MSFT	F	-1.3%
AMZN	C	-1.23%
FIVN	C	-1.12%
TDY	B	-1.08%
ST	F	-0.85%