SPRX vs. FXL ETF Comparison
Comparison of Spear Alpha ETF (SPRX) to First Trust Technology AlphaDEX (FXL)
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
FXL
First Trust Technology AlphaDEX
FXL Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the StrataQuant(R) Technology Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the technology sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.Grade (RS Rating)
Last Trade
$151.43
Average Daily Volume
17,215
102
Performance
| Period | SPRX | FXL |
|---|---|---|
| 30 Days | 8.37% | 7.01% |
| 60 Days | 15.70% | 10.63% |
| 90 Days | 14.48% | 10.92% |
| 12 Months | 40.78% | 29.05% |
13 Overlapping Holdings
| Symbol | Grade | Weight in SPRX | Weight in FXL | Overlap | |
|---|---|---|---|---|---|
| AMD | F | 3.34% | 0.25% | 0.25% | |
| AMKR | D | 1.75% | 1.32% | 1.32% | |
| APH | A | 1.38% | 0.66% | 0.66% | |
| CRWD | B | 1.08% | 0.36% | 0.36% | |
| DDOG | A | 4.94% | 0.34% | 0.34% | |
| GTLB | B | 2.12% | 0.35% | 0.35% | |
| MU | D | 0.43% | 0.28% | 0.28% | |
| NET | B | 4.79% | 0.34% | 0.34% | |
| NVDA | B | 13.96% | 1.43% | 1.43% | |
| ON | D | 2.97% | 1.44% | 1.44% | |
| PANW | B | 0.2% | 1.08% | 0.2% | |
| S | B | 9.02% | 1.07% | 1.07% | |
| TER | F | 4.99% | 0.47% | 0.47% |
SPRX Underweight 89 Positions Relative to FXL
| Symbol | Grade | Weight | |
|---|---|---|---|
| APP | B | -3.39% | |
| PLTR | B | -2.47% | |
| TOST | B | -2.22% | |
| VRT | B | -1.89% | |
| DASH | B | -1.89% | |
| PEGA | B | -1.88% | |
| GWRE | A | -1.66% | |
| GFS | C | -1.65% | |
| CTSH | B | -1.63% | |
| HPE | B | -1.62% | |
| DXC | B | -1.62% | |
| PAYC | B | -1.6% | |
| META | D | -1.57% | |
| SMAR | B | -1.57% | |
| IPGP | D | -1.57% | |
| DOCU | B | -1.53% | |
| AVT | C | -1.52% | |
| FTNT | C | -1.44% | |
| GDDY | A | -1.4% | |
| ZM | C | -1.4% | |
| TWLO | A | -1.39% | |
| NOW | A | -1.38% | |
| ARW | D | -1.35% | |
| SWKS | F | -1.32% | |
| ORCL | A | -1.3% | |
| JBL | C | -1.28% | |
| DNB | B | -1.27% | |
| INTC | C | -1.26% | |
| TYL | B | -1.25% | |
| HPQ | B | -1.21% | |
| CNXC | F | -1.21% | |
| DT | D | -1.19% | |
| MANH | D | -1.18% | |
| AVGO | D | -1.17% | |
| DOX | D | -1.16% | |
| EPAM | B | -1.15% | |
| MSTR | B | -1.15% | |
| SNX | D | -1.14% | |
| NTNX | B | -1.12% | |
| RNG | C | -1.08% | |
| DELL | B | -1.06% | |
| AKAM | D | -1.04% | |
| FFIV | B | -1.03% | |
| DBX | B | -1.01% | |
| IT | C | -0.99% | |
| CRUS | D | -0.97% | |
| SSNC | B | -0.93% | |
| HCP | B | -0.93% | |
| CACI | D | -0.91% | |
| AAPL | C | -0.91% | |
| QCOM | F | -0.9% | |
| NTAP | C | -0.89% | |
| DLB | B | -0.89% | |
| AMAT | F | -0.86% | |
| SAIC | F | -0.84% | |
| MTCH | D | -0.77% | |
| MPWR | F | -0.74% | |
| DAY | B | -0.74% | |
| CRM | B | -0.72% | |
| DV | C | -0.71% | |
| GLOB | B | -0.68% | |
| ADSK | A | -0.66% | |
| GOOGL | C | -0.63% | |
| ROP | B | -0.6% | |
| TXN | C | -0.59% | |
| LSCC | D | -0.57% | |
| VRSN | C | -0.57% | |
| IBM | C | -0.56% | |
| KBR | F | -0.55% | |
| IAC | F | -0.52% | |
| U | C | -0.49% | |
| MCHP | F | -0.48% | |
| OLED | F | -0.47% | |
| ONTO | F | -0.47% | |
| PYCR | B | -0.36% | |
| KD | B | -0.36% | |
| WDAY | B | -0.33% | |
| ANSS | B | -0.32% | |
| GEN | B | -0.32% | |
| GLW | B | -0.31% | |
| INFA | D | -0.3% | |
| APPF | B | -0.29% | |
| PSTG | D | -0.29% | |
| MSFT | D | -0.29% | |
| ADI | D | -0.27% | |
| SMCI | F | -0.26% | |
| KLAC | F | -0.25% | |
| ALGM | D | -0.25% | |
| CDW | F | -0.24% |
SPRX: Top Represented Industries & Keywords
FXL: Top Represented Industries & Keywords
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