SPRX vs. MADE ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to iShares U.S. Manufacturing ETF (MADE)
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

$23.69

Average Daily Volume

24,900

Number of Holdings *

26

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

iShares U.S. Manufacturing ETF

MADE Description The underlying index is designed to measure the performance of equity securities of U.S.-domiciled companies that are involved in manufacturing and manufacturing-related industries and that generate a certain amount of revenues in the U.S., among other eligibility criteria, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.66

Average Daily Volume

1,739

Number of Holdings *

98

* may have additional holdings in another (foreign) market
Performance
Period SPRX MADE
30 Days 5.57% -0.46%
60 Days 5.38% 0.34%
90 Days 18.75% 5.04%
12 Months 46.87%
3 Overlapping Holdings
Symbol Grade Weight in SPRX Weight in MADE Overlap
APH B 7.56% 4.22% 4.22%
NVT D 2.06% 1.05% 1.05%
ROK B 0.0% 2.58% 0.0%
SPRX Overweight 23 Positions Relative to MADE
Symbol Grade Weight
NVDA B 13.71%
S B 8.79%
AMD F 7.97%
MRVL A 6.92%
NET B 6.89%
TSLA A 5.73%
TER F 5.4%
DDOG B 5.04%
CEG B 4.54%
SHOP B 4.02%
ANET B 3.5%
ZS C 3.44%
CFLT A 2.82%
GTLB A 1.93%
AMKR F 1.91%
CRWD C 1.48%
GEV A 1.03%
SNOW C 0.89%
NRG B 0.73%
MU C 0.47%
EMR B 0.26%
PANW B 0.18%
RIO B 0.0%
SPRX Underweight 95 Positions Relative to MADE
Symbol Grade Weight
GM B -4.4%
ETN B -4.37%
PCAR C -4.23%
DE B -3.96%
CMI B -3.84%
HON B -3.82%
F D -3.66%
AME A -3.29%
TT C -3.22%
PH A -2.9%
RTX C -2.89%
CARR D -2.25%
FTV F -2.22%
DOV B -2.19%
LMT D -2.07%
HUBB B -2.03%
TDY B -1.88%
JCI B -1.85%
FSLR C -1.81%
BA F -1.55%
SNA A -1.46%
GD C -1.35%
TDG C -1.33%
SWK D -1.32%
NOC D -1.25%
COHR B -1.25%
ENPH F -0.97%
RRX A -0.94%
LECO B -0.91%
GNRC A -0.84%
LHX A -0.81%
AYI A -0.79%
FN B -0.73%
HWM B -0.73%
ALSN A -0.72%
TTC F -0.7%
LII B -0.7%
RIVN F -0.64%
MIDD F -0.62%
PNR B -0.61%
MKSI F -0.58%
OSK C -0.58%
AXON B -0.57%
MSA F -0.56%
IEX A -0.55%
LFUS D -0.53%
GGG D -0.5%
THO D -0.47%
BC C -0.46%
FSS F -0.44%
VNT B -0.42%
BDC B -0.4%
ITRI A -0.39%
LDOS A -0.39%
ENS F -0.34%
HOG F -0.33%
AEIS A -0.32%
AOS F -0.31%
AAON A -0.29%
ESE A -0.28%
CR B -0.28%
JBT A -0.28%
ATKR F -0.27%
LCII D -0.26%
SPXC D -0.26%
TRN C -0.25%
CW B -0.25%
TXT F -0.25%
CSWI B -0.23%
CXT F -0.23%
BMI D -0.22%
WTS D -0.21%
ZWS A -0.19%
AIN F -0.19%
LCID F -0.19%
HEI D -0.19%
GT F -0.18%
BWXT B -0.18%
HII F -0.17%
PLUG C -0.16%
GTLS B -0.16%
BE D -0.14%
FELE D -0.14%
WWD D -0.14%
KBR B -0.13%
MWA B -0.13%
SAIC A -0.13%
NPO F -0.12%
FOXF F -0.11%
MOG.A C -0.1%
ARRY D -0.06%
SEDG F -0.06%
KTOS C -0.06%
SHLS F -0.05%
SPR C -0.04%
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