VCAR vs. SPRX ETF Comparison

Comparison of Simplify Volt RoboCar Disruption and Tech ETF (VCAR) to Spear Alpha ETF (SPRX)

VCAR

Simplify Volt RoboCar Disruption and Tech ETF

VCAR Description

The Simplify Volt Robocar Disruption and Tech ETF is not just another thematic investment product. VCAR is designed to concentrate in those few disruptive companies poised to dominate autonomous driving and then enhance the concentrated exposures with options. With our partner Volt Equity our investment process begins with a first principles approach to identify those few companies poised to lead the disruption. We then deploy a sophisticated option overlay to create convexity in the portfolio to enhance the upside while improving drawdowns.

Grade (RS Rating)

Last Trade

$9.94

Average Daily Volume

2,829

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$22.21

Average Daily Volume

84,398

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	VCAR	SPRX
30 Days	-2.22%	-4.23%
60 Days	-5.97%	-8.07%
90 Days	-0.23%	-10.44%
12 Months	34.29%	48.64%

9 Overlapping Holdings

Symbol	Grade	Weight in VCAR	Weight in SPRX	Overlap
ALB	D	0.24%	3.01%	0.24%
AMD	D	15.02%	8.48%	8.48%
CRWD	D	0.51%	4.8%	0.51%
DDOG	C	0.01%	3.2%	0.01%
MRVL	D	0.43%	4.85%	0.43%
NVDA	C	17.7%	11.02%	11.02%
PANW	B	0.03%	0.0%	0.0%
RIO	B	0.35%	0.0%	0.0%
RIVN	F	0.15%	2.72%	0.15%

VCAR Overweight 57 Positions Relative to SPRX

Symbol	Grade	Weight
MSFT	D	7.51%
TSLA	D	5.74%
SQ	D	4.73%
ASML	D	4.61%
LMND	C	4.21%
AMZN	A	4.06%
GOOG	A	3.66%
AAPL	B	3.25%
META	D	2.5%
ADI	A	1.9%
INTC	F	1.46%
DIS	D	1.06%
NFLX	C	0.96%
MU	B	0.87%
LRCX	D	0.74%
COST	A	0.6%
KLAC	B	0.58%
SNPS	D	0.53%
AUR	B	0.49%
AMKR	C	0.46%
ADSK	D	0.41%
NXPI	A	0.41%
BHP	D	0.34%
VALE	C	0.31%
GFS	D	0.31%
MCHP	B	0.29%
SQM	D	0.28%
ARBE	F	0.23%
TXN	A	0.2%
PAYX	C	0.2%
VRSN	F	0.18%
ANSS	D	0.18%
HPQ	D	0.17%
VZ	D	0.13%
QCOM	B	0.12%
DE	B	0.12%
MCO	C	0.12%
PEP	B	0.12%
TSM	C	0.12%
KO	A	0.12%
CDNS	D	0.11%
NIO	C	0.11%
PG	A	0.11%
AXP	B	0.1%
AMGN	B	0.1%
CTSH	D	0.09%
SWKS	F	0.09%
C	B	0.09%
ADBE	D	0.08%
CSCO	F	0.08%
BK	A	0.08%
LCID	F	0.07%
INTU	C	0.07%
AMAT	C	0.06%
PYPL	B	0.05%
FTNT	F	0.02%
TEAM	F	0.01%

VCAR Underweight 16 Positions Relative to SPRX

Symbol	Grade	Weight
ZS	F	-9.45%
SNOW	F	-7.39%
SHOP	C	-6.52%
S	D	-5.94%
NET	F	-5.01%
CEG	B	-4.6%
CFLT	F	-4.58%
NRG	B	-4.38%
NVT	A	-4.29%
HUBS	D	-4.08%
FCX	B	-2.42%
GTLB	F	-2.09%
ANET	D	-1.07%
U	F	-0.9%
PH	B	-0.31%
ROK	F	-0.0%