Spear Alpha Etf Profile
| SPRX Etf | USD 21.75 0.11 0.51% |
PerformanceVery Weak
| Odds Of DistressLow
|
Spear Alpha is trading at 21.75 as of the 18th of March 2025; that is 0.51 percent increase since the beginning of the trading day. The etf's open price was 21.64. Spear Alpha has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 18th of December 2024 and ending today, the 18th of March 2025. Click here to learn more.
The fund is an actively-managed exchange-traded fund that will invest primarily in equity securities, including common stock or American depositary receipts of companies that Spear Advisors LLC believes are poised to benefit from breakthrough innovation in industrial technology. More on Spear Alpha ETF
Moving together with Spear Etf
Spear Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Technology, Spear (View all Sectors) |
| Issuer | Spear Advisors |
| Inception Date | 2021-08-02 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 41.98 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Spear Advisors LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Ivana Delevska |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 30-Jun |
| Exchange | NASDAQ |
| Number of Constituents | 24.0 |
| Market Maker | Latour Trading |
| Total Expense | 0.75 |
| Management Fee | 0.75 |
| Country Name | USA |
| Returns Y T D | (19.82) |
| Name | Spear Alpha ETF |
| Currency Code | USD |
| Open Figi | BBG011ZRBD07 |
| In Threey Volatility | 35.04 |
| 1y Volatility | 25.12 |
| 200 Day M A | 24.2511 |
| 50 Day M A | 26.2931 |
| Code | SPRX |
| Updated At | 17th of March 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.23 |
| Type | ETF |
Spear Alpha ETF [SPRX] is traded in USA and was established 2021-08-03. The fund is listed under Technology category and is part of Spear family. The entity is thematically classified as Strategy ETFs. Spear Alpha ETF at this time have 2.91 M in assets. , while the total return for the last 3 years was 4.9%.
Check Spear Alpha Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Spear Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Spear Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Spear Alpha ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Spear Alpha ETF Etf Constituents
| NET | Cloudflare | Stock | Information Technology | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| PANW | Palo Alto Networks | Stock | Information Technology | |
| FGXXX | First American Funds | Money Market Fund | US Money Market Fund | |
| RIO | Rio Tinto ADR | Stock | Materials | |
| CRDO | Credo Technology Group | Stock | Information Technology | |
| NVDA | NVIDIA | Stock | Information Technology | |
| CEG | Constellation Energy Corp | Stock | Utilities |
Spear Alpha ETF Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Spear Alpha. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | 0.0957 | |||
| Treynor Ratio | (0.25) |
Spear Alpha Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Spear Alpha ETF. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Spear Alpha ETF is measured differently than its book value, which is the value of Spear that is recorded on the company's balance sheet. Investors also form their own opinion of Spear Alpha's value that differs from its market value or its book value, called intrinsic value, which is Spear Alpha's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Spear Alpha's market value can be influenced by many factors that don't directly affect Spear Alpha's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Spear Alpha's value and its price as these two are different measures arrived at by different means. Investors typically determine if Spear Alpha is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Spear Alpha's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.