SPRX - ETF AI Analysis
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Spear Alpha ETF (SPRX)
Rating:63Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and over the past month, indicating solid recent momentum.
High-Growth Technology Focus
A large portion of the fund is invested in technology companies, which have the potential for strong growth over time.
Top Holdings Showing Solid Gains
Several of the largest positions, including Coherent, KLA, MKS, TeraWulf, Lam Research, and Applied Digital, have delivered strong year-to-date performance that supports the fund’s returns.
Negative Factors
High Expense Ratio
The fund charges a relatively high fee, which can eat into long-term returns compared with lower-cost ETFs.
Concentrated in Technology and Industrials
Most of the portfolio is in technology and industrials, which increases the risk if these sectors face a downturn.
Limited Geographic Diversification
With almost all assets in U.S. companies, the ETF offers little exposure to international markets and their potential benefits.
SPRX vs. SPDR S&P 500 ETF (SPY)
AUM181.31M
RegionGlobal
Expense Ratio0.75%
Beta1.90
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. Volume112,576
30 Day Avg. Volume148,283
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
51.05Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering29
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPRX Summary
The Spear Alpha ETF (SPRX) is a U.S.-focused fund that invests in companies tied to big future themes like advanced technology, space, and clean energy, rather than tracking a traditional index. It holds innovative names such as Nvidia and Lam Research, along with other tech and industrial firms pushing new ideas in chips, automation, and digital infrastructure. Someone might invest in SPRX to seek long-term growth by backing companies driving major changes in how we work and live. However, it is heavily tilted toward technology and other fast-changing sectors, so its price can be quite volatile and may swing sharply up or down.
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 chip names like Coherent, KLA, Lam Research, MKS, and Nvidia forming the engine of the fund and generally rising, helped by the ongoing AI and semiconductor boom. Coherent and MKS, in particular, are giving the ETF extra lift. On the flip side, space and digital-infrastructure bets such as AST SpaceMobile, Karman Holdings, and Applied Digital have been more mixed or lagging, occasionally acting as a speed bump. While the fund is globally oriented, its story is dominated by U.S.-centric innovation plays in semis and advanced tech.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Coherent Corp | 9.68% | $18.14M | $65.63B | 396.11% | 66 Neutral | |
| KLA | 7.41% | $13.90M | $253.63B | 173.88% | 77 Outperform | |
| Astera Labs, Inc. | 6.65% | $12.47M | $36.23B | 197.58% | 68 Neutral | |
| AST SpaceMobile | 5.84% | $10.95M | $29.19B | 218.35% | 54 Neutral | |
| MKS | 5.58% | $10.45M | $18.92B | 276.26% | 75 Outperform | |
| Nvidia | 5.39% | $10.11M | $5.06T | 99.22% | 76 Outperform | |
| TeraWulf Inc | 5.28% | $9.90M | $9.66B | 609.60% | 50 Neutral | |
| ARM Holdings PLC ADR | 5.01% | $9.39M | $249.37B | 92.61% | 69 Neutral | |
| Karman Holdings Inc. | 5.00% | $9.38M | $9.31B | 102.56% | 62 Neutral | |
| AeroVironment | 4.99% | $9.36M | $9.80B | 30.75% | 52 Neutral |
SPRX Technical Analysis
Positive
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Price Trends
39.87
Positive
40.01
Positive
38.66
Positive
Market Momentum
1.10
Positive
56.65
Neutral
35.82
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPRX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 42.36, equal to the 50-day MA of 39.87, and equal to the 200-day MA of 38.66, indicating a bullish trend. The MACD of 1.10 indicates Positive momentum. The RSI at 56.65 is Neutral, neither overbought nor oversold. The STOCH value of 35.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPRX.
SPRX Peer Comparison
Comparison Results
Performance Comparison
SPRX
Spear Alpha ETF
43.11
20.50
90.67%
BKGI
BNY Mellon Global Infrastructure Income ETF
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CCNR
CoreCommodity 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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YNOT
Horizon Digital Frontier 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.
DisclaimerThis 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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