SPRX vs. LCLG ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to Logan Capital Broad Innovative Growth ETF (LCLG)

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

$22.61

Average Daily Volume

40,686

Number of Holdings ^*

22

* may have additional holdings in another (foreign) market

LCLG

Logan Capital Broad Innovative Growth ETF

LCLG Description

The investment seeks long-term capital appreciation. Under normal market conditions, the fund invests primarily in securities of companies that use innovative technologies or ideas to gain advantage over competitors. The Advisor expects to invest principally in large capitalization equity securities that are traded on U.S. securities exchanges. The fund may invest up to 20% of its total assets in securities of foreign issuers, including issuers in emerging markets.

Grade (RS Rating)

Last Trade

$48.21

Average Daily Volume

537

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	LCLG
30 Days	-2.50%	1.07%
60 Days	0.63%	3.03%
90 Days	-1.52%	3.62%
12 Months	34.26%	39.57%

1 Overlapping Holdings

	Symbol	Grade	Weight in SPRX	Weight in LCLG	Overlap
	APH	C	4.7%	4.42%	4.42%

SPRX Overweight 21 Positions Relative to LCLG

	Symbol	Grade	Weight
	NVDA	D	13.23%
	ZS	F	9.39%
	MRVL	C	9.12%
	S	C	8.4%
	NET	D	7.98%
	SHOP	C	7.0%
	AMD	D	6.82%
	DDOG	D	5.5%
	CEG	A	4.72%
	HUBS	D	3.49%
	CFLT	F	3.31%
	MU	F	3.0%
	CRWD	D	2.5%
	GTLB	D	2.19%
	SNOW	F	2.0%
	NRG	A	1.73%
	ANET	A	1.46%
	NVT	D	0.73%
	PANW	C	0.2%
	RIO	D	0.0%
	ROK	F	0.0%

SPRX Underweight 9 Positions Relative to LCLG

	Symbol	Grade	Weight
	KLAC	D	-5.26%
	AAPL	C	-5.09%
	NFLX	B	-4.73%
	MA	B	-4.62%
	AVGO	C	-4.25%
	AMZN	C	-4.09%
	META	A	-3.92%
	DKS	D	-3.89%
	CTAS	C	-2.86%

SPRX: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Electronic Components Computer Systems Diversified Industrials Industrial Metals & Minerals Semiconductor Memory Telecom Services Utilities - Independent Power Producers Utilities - Renewable

Keywords: S&P 500 Computing Nasdaq 100 Cloud Computing Cloud Infrastructure Computer Security Deep Learning Artificial Intelligence Cybersecurity Design Manufacturers IBD 50 Software As A Service Computer Architecture Computer Networking Consumer Devices Consumer Electronics Content Control Software Electricity Fabless Semiconductor Companies Firewall

LCLG: Top Represented Industries & Keywords

Industries: Specialty Retail Business Services Consumer Electronics Credit Services Electronic Components Internet Content & Information Media - Diversified Semiconductor Equipment & Materials Semiconductors

Keywords: S&P 500 Nasdaq 100 IBD 50 Clothing Computing Dow Jones Component Hyperscale Mobile Devices Retailing Smartphones Streaming Services Subscription Services Telecommunications Work From Home Advertising Services Aerospace Applications Alternative Energy Amphenol Audio Electronics Automotive Electronics