SPRXSpear Alpha ETF
SPRX Fund Description
SPRX actively invests in global thematic companies it believes will benefit from breakthrough innovations in the industrial and technology space.
SPRX Factset Analytics Insight
SPRX’s active strategy aims to invest in companies it believes will benefit from technological advancements in the industrial sector. The fund targets companies in any part of the supply chain, directly or indirectly, related to one of the following themes: environmental focus and decarbonization, manufacturing digitalization, robotics and industrial automation, photonics and additive manufacturing, space exploration, and artificial intelligence. SPRX’s adviser uses a combination of top-down analysis, bottom-up research, and an ESG screen before granting eligibility. Those eligible are then screened through a final fundamental research process and selected for inclusion. This process will theoretically produce a portfolio of thematic companies that have the highest conviction for investment as determined by the adviser. Holdings can be modified at any time if there are significant changes to a company’s business drivers or valuation.
SPRX Summary Data
SPRX Portfolio Data
SPRX Index Data
SPRX Portfolio Management
SPRX Tax Exposures
SPRX Fund Structure
SPRX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SPRX. SPRX is rated a 4 out of 5.
SPRX Sector/Industry Breakdown
SPRX Top 10 Holdings[View All]
SPRX Economic Development
SPRX Performance Statistics
SPRX Benchmark Comparison Summary
SPRX Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.