SPRX vs. VFLO ETF Comparison

Comparison of Spear Alpha ETF (SPRX) to VictoryShares Free Cash Flow ETF (VFLO)

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

$23.05

Average Daily Volume

56,887

Number of Holdings ^*

21

* may have additional holdings in another (foreign) market

VFLO

VictoryShares Free Cash Flow ETF

VFLO Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index provider constructs the index in accordance with a rules-based methodology that selects 50 companies from the S-Network US Equity Large/Mid-Cap 1000 Index. The fund generally seeks to track the returns of the index before fees and expenses by employing a replication strategy that seeks to hold all the stocks in the index.

Grade (RS Rating)

Last Trade

$31.22

Average Daily Volume

182,199

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	SPRX	VFLO
30 Days	-0.99%	0.08%
60 Days	2.81%	-0.06%
90 Days	-1.20%	-2.89%
12 Months	29.79%	27.19%

1 Overlapping Holdings

	Symbol	Grade	Weight in SPRX	Weight in VFLO	Overlap
	NRG	B	4.52%	3.04%	3.04%

SPRX Overweight 20 Positions Relative to VFLO

	Symbol	Grade	Weight
	NVDA	C	13.53%
	ZS	C	9.38%
	AMD	B	8.77%
	NET	C	7.4%
	SNOW	F	6.58%
	SHOP	C	5.88%
	CEG	B	5.15%
	CRWD	A	5.12%
	MRVL	C	5.07%
	DDOG	C	4.49%
	CFLT	F	4.28%
	S	D	4.03%
	APH	B	3.84%
	HUBS	C	3.67%
	PANW	B	2.96%
	GTLB	F	1.61%
	ANET	B	1.3%
	NVT	C	0.83%
	RIO	D	0.0%
	ROK	D	0.0%

SPRX Underweight 9 Positions Relative to VFLO

	Symbol	Grade	Weight
	XOM	C	-5.06%
	CI	C	-3.92%
	CNC	D	-3.39%
	ELV	B	-3.32%
	CVX	C	-3.3%
	LEN	D	-3.2%
	QCOM	C	-3.12%
	VST	B	-3.11%
	CVS	D	-2.55%

SPRX: Top Represented Industries & Keywords

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

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

VFLO: Top Represented Industries & Keywords

Industries: Health Care Plans Oil & Gas Integrated Utilities - Independent Power Producers Residential Construction Semiconductors

Keywords: S&P 500 Medicare Natural Gas Commodity Petrochemicals Crude Oil Electricity Formulary Health Services Insurance Managed Care Medicaid Medicare Part D Network Management Petroleum Petroleum Products Pharmacy Network Management Pharmacy Services Plastic Prescription Drugs Retail Electricity