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ETFs

Listed Funds Trust Spear Alpha ETF

SPRX
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 02 2021
Expense Ratio
0.75%
Type
US Equities
Fund Owner
Spear Invest
Volume (1m avg. daily)
$239,275
AUM
$9,709,392
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

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Zscaler Inc
10.28%
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SentinelOne Inc - Ordinary Shares - Class A
9.97%
NVDA
NVIDIA Corp
9.12%
SNOW
Snowflake Inc - Ordinary Shares - Class A
9.06%
NET
Cloudflare Inc - Ordinary Shares - Class A
7.83%
AMD
Advanced Micro Devices Inc.
7.60%
MRVL
Marvell Technology Inc
6.10%
DDOG
Datadog Inc - Ordinary Shares - Class A
5.27%
CFLT
Confluent Inc - Ordinary Shares Class A
4.72%
CRWD
Crowdstrike Holdings Inc - Ordinary Shares - Class A
4.71%
Invest with SPRX

What is SPRX?

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.

ETFs related toSPRX

ETFs correlated to SPRX include THNQ, SKYY, WCLD

SPRX
Listed Funds Trust - Spear Alpha ETF
THNQ
Exchange Traded Concepts Trust - ROBO Global Artificial Intelligence ETF
SKYY
First Trust Exchange-Traded Fund III - First Trust Cloud Computing ETF
WCLD
WisdomTree Trust - WisdomTree Cloud Computing Fund
QTEC
First Trust Exchange-Traded Fund III - First Trust NASDAQ-100 Technology Sector Index Fund
FDN
First Trust Exchange-Traded Fund III - First Trust Dow Jones Internet Index Fund
WEBL
Direxion Shares ETF Trust - Direxion Daily Dow Jones Internet Bull 3X Shares
CLOU
Global X Funds - Global X Cloud Computing ETF
IGV
BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector ETF
WTAI
WisdomTree Trust - WisdomTree Artificial Intelligence and Innovation Fund
XNTK
SPDR Series Trust - SPDR NYSE Technology ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toSPRX

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with SPRX using Composer

FAQ

SPRX is a US Equities ETF. 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.

Yes, SPRX is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, SPRX is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on SPRX is -0.0231%. This is the percent change in the value of SPRX over the most recent 1-month period. The 3-month return on SPRX is -0.0473%. This is the percent change in the value of SPRX over the most recent 3-month period.

The standard deviation of SPRX for the past year is 0.3994%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to SPRX include SPHQ, DSI, and QUAL.

ETFs correlated to SPRX include THNQ, SKYY, and WCLD.

ETFs that are inversely correlated to SPRX include WEBS, FNGD, and BERZ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.