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SPRX - ETF AI Analysis
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Spear Alpha ETF (SPRX)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered solid gains so far this year and over the past three months, showing positive momentum.
High-Growth Top Holdings
Several of the largest positions, such as Rocket Lab, AST SpaceMobile, Applied Digital, and TeraWulf, have shown strong year-to-date performance, helping drive returns.
Focused Innovation Exposure
With most assets in U.S. technology and related sectors, the fund offers targeted exposure to innovative, growth-oriented companies.
Negative Factors
High Concentration in Top Holdings
A small group of stocks makes up a large share of the portfolio, which increases the impact if any of these companies run into trouble.
Sector Concentration Risk
Heavy weighting in technology and limited exposure to other sectors means the fund can be very sensitive to swings in the tech industry.
Relatively High Expense Ratio
The fund’s fee is on the higher side for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
SPRX vs. SPDR S&P 500 ETF (SPY)
AUM169.87M
RegionGlobal
Expense Ratio0.75%
Beta1.95
IssuerSpear
Inception DateAug 02, 2021
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume147,735
30 Day Avg. Volume177,889
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
53.32Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering30
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPRX Summary
The Spear Alpha ETF (SPRX) is an actively managed fund that focuses on big future themes like advanced technology, space, and renewable energy, rather than tracking a traditional index. It mainly holds U.S. tech companies that are working on cutting-edge ideas, with well-known names like Nvidia and Marvell in the mix. Someone might invest in SPRX if they want growth potential from innovative businesses and a way to spread their money across several fast-moving sectors. However, this ETF is heavily tilted toward technology and can go up and down a lot with changes in the tech market.
How much will it cost me?The Spear Alpha ETF (SPRX) has an expense ratio of 0.75%, meaning you’ll pay $7.50 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on innovative and high-growth sectors that require more research and expertise.
What would affect this ETF?The Spear Alpha ETF (SPRX) could benefit from continued advancements in technology, renewable energy, and biotechnology, as these sectors are key drivers of innovation globally. However, potential risks include rising interest rates, which can negatively impact growth-focused investments, and regulatory changes in technology or energy sectors that could create uncertainty for its top holdings. Global economic conditions and competition within these industries may also influence the ETF's performance.
SPRX Top 10 Holdings
SPRX is leaning hard into cutting-edge tech, with a clear tilt toward semiconductors and AI infrastructure. Coherent, Ciena, MKS Instruments, and Lam Research are doing much of the heavy lifting, with their shares generally rising on strong earnings and enthusiasm around AI and advanced chipmaking. On the flip side, Astera Labs and AST SpaceMobile are more of a roller coaster, with mixed to lagging recent performance that can tug on returns. While the fund is globally oriented, its top drivers are largely U.S.-listed innovators at the heart of the tech boom.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Coherent Corp | 11.84% | $17.51M | $51.53B | 282.60% | 66 Neutral | |
| Arista Networks | 8.46% | $12.51M | $156.56B | 53.53% | 83 Outperform | |
| Karman Holdings Inc. | 6.61% | $9.78M | $12.06B | 217.02% | 62 Neutral | |
| Astera Labs, Inc. | 6.34% | $9.38M | $19.37B | 65.92% | 68 Neutral | |
| Ciena | 5.74% | $8.49M | $47.12B | 356.54% | 70 Outperform | |
| KLA | 5.64% | $8.34M | $193.46B | 106.19% | 77 Outperform | |
| TeraWulf Inc | 5.63% | $8.33M | $6.25B | 314.28% | 50 Neutral | |
| AST SpaceMobile | 5.41% | $8.00M | $40.07B | 210.32% | 54 Neutral | |
| Nvidia | 5.36% | $7.93M | $4.38T | 56.04% | 76 Outperform | |
| Rocket Lab USA | 5.10% | $7.55M | $40.81B | 252.50% | 57 Neutral |
SPRX Technical Analysis
Negative
―
Price Trends
40.23
Negative
39.96
Negative
36.27
Positive
Market Momentum
-0.39
Positive
44.42
Neutral
43.72
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPRX, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 39.43, equal to the 50-day MA of 40.23, and equal to the 200-day MA of 36.27, indicating a neutral trend. The MACD of -0.39 indicates Positive momentum. The RSI at 44.42 is Neutral, neither overbought nor oversold. The STOCH value of 43.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SPRX.
SPRX Peer Comparison
Comparison Results
Performance Comparison
SPRX
Spear Alpha ETF
38.23
17.04
80.42%
ARKF
ARK Fintech Innovation ETF
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BKGI
BNY Mellon Global Infrastructure Income ETF
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MGNR
American Beacon GLG Natural Resources ETF
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ILDR
First Trust Innovation Leaders ETF
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TMAT
Main Thematic Innovation ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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