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SPRX - ETF AI Analysis
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Spear Alpha ETF (SPRX)
Rating:62Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered robust returns so far this year, indicating strong momentum.
High Exposure to Technology
With nearly 90% of the portfolio in technology, the fund benefits from a sector that has performed well recently.
Top Holdings Driving Growth
Several top holdings, such as Credo Technology and Rigetti Computing, have shown strong year-to-date performance, boosting the ETF's overall returns.
Negative Factors
High Geographic Concentration
The ETF is almost entirely focused on U.S. companies, which limits diversification and increases vulnerability to domestic market risks.
Sector Over-Concentration
The fund's heavy reliance on the technology sector exposes investors to risks if the sector faces a downturn.
Above-Average Expense Ratio
The ETF charges a relatively high expense ratio compared to many other funds, which could eat into investor returns over time.
SPRX vs. SPDR S&P 500 ETF (SPY)
AUM153.39M
RegionGlobal
Expense Ratio0.75%
Beta1.97
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. Volume119,523
30 Day Avg. Volume144,968
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
48.64Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering22
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPRX Summary
The Spear Alpha ETF (SPRX) is a fund focused on investing in innovative companies across high-growth sectors like technology, biotechnology, and renewable energy. It includes well-known companies such as Nvidia and Cloudflare, which are leaders in cutting-edge technologies. This ETF is designed for investors who want to be part of the future of industries like artificial intelligence and sustainable energy, offering potential for growth by aligning with emerging trends. However, it’s important to note that SPRX is heavily invested in technology, which means its performance can be highly sensitive to changes in the tech sector and market volatility.
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
The Spear Alpha ETF is heavily tilted toward technology, with names like Nvidia and Marvell driving its innovation-focused narrative. Nvidia, while steady in its AI and data center ambitions, has seen mixed momentum recently, hinting at valuation concerns. Marvell, similarly, is steady but not soaring, as profitability challenges weigh on its outlook. On the brighter side, Rocket Lab and Applied Digital are rising stars, buoyed by strong revenue growth and strategic wins. With its global exposure and tech-heavy portfolio, SPRX is a bet on cutting-edge innovation, though some holdings are struggling to keep pace.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Astera Labs, Inc. | 10.39% | $15.73M | $28.00B | 20.84% | 68 Neutral | |
| Coherent Corp | 9.54% | $14.44M | $30.11B | 84.87% | 66 Neutral | |
| Credo Technology Group Holding Ltd | 7.58% | $11.47M | $25.47B | 93.90% | 77 Outperform | |
| Rocket Lab USA | 7.03% | $10.65M | $44.91B | 203.65% | 57 Neutral | |
| Marvell | 6.62% | $10.03M | $71.78B | -27.00% | 76 Outperform | |
| Nvidia | 6.08% | $9.21M | $4.60T | 36.15% | 76 Outperform | |
| Applied Digital Corporation | 5.73% | $8.67M | $8.26B | 266.92% | 54 Neutral | |
| Ciena | 5.09% | $7.70M | $36.52B | 173.81% | 70 Outperform | |
| AST SpaceMobile | 4.92% | $7.45M | $31.50B | 302.31% | 54 Neutral | |
| TeraWulf Inc | 4.76% | $7.20M | $5.23B | 137.78% | 50 Neutral |
SPRX Technical Analysis
Neutral
―
Price Trends
39.48
Negative
38.69
Positive
32.63
Positive
Market Momentum
0.25
Negative
50.04
Neutral
66.91
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPRX, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 39.20, equal to the 50-day MA of 39.48, and equal to the 200-day MA of 32.63, indicating a neutral trend. The MACD of 0.25 indicates Negative momentum. The RSI at 50.04 is Neutral, neither overbought nor oversold. The STOCH value of 66.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SPRX.
SPRX Peer Comparison
Comparison Results
Performance Comparison
SPRX
Spear Alpha ETF
39.41
12.25
45.10%
BKGI
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CCNR
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WGMI
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ILDR
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TMAT
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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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