SPRX ISSUER
The Fund, known as the Spear Industrial Innovation ETF (SPRX), is managed by Spear Advisors LLC. This actively managed exchange-traded fund seeks to invest in equity securities of companies poised to benefit from breakthrough innovation in industrial technology. Spear Advisors focuses on identifying and investing in companies that are at the forefront of technological developments shaping the industrial sector, encompassing areas such as enterprise digitalization, artificial intelligence, robotics, environmental focus, photonics, additive manufacturing, and space exploration. The innovative investment approach of Spear Advisors aims to capture opportunities arising from transformative advancements in industrial technology.
SPRX DIVIDEND
The SPARX ETF (SPRX) focuses on capitalizing on breakthrough innovations in industrial technology. While the primary objective is innovation-driven growth, the ETF may also reflect dividend distributions influenced by the performance of its constituent companies. The ETF encompasses companies engaged in various industrial themes, such as digitalization, artificial intelligence, robotics, environmental focus, photonics, additive manufacturing, and space exploration. Investors may find that SPRX offers exposure to companies at the forefront of technological advancements, which could potentially contribute to both capital appreciation and dividend returns.
SPRX TRACKING
At the heart of the SPAC and New Issues ETF's strategy is the tracking of innovative breakthroughs and emerging companies. The ETF focuses on actively managed investments in equity securities of companies that are poised to benefit from transformative technological advancements in various industries. With a focus on identifying companies engaged in industrial innovation, technology transformation, and novel trends, SPRX aims to capture the potential growth and disruption generated by these advancements within the market.
SPRX CORRELATION
Understanding the correlation of the Spear Innovative Industrial Technologies ETF (SPRX) with various market segments and assets can provide valuable insights into its performance dynamics. Given SPRX's focus on breakthrough innovation in industrial technology, its correlation might vary based on technological advancements and industry trends. To delve into these correlations and gain a deeper understanding, the ETF Insider's web app offers a powerful tool. Through its simple visualization, investors can explore SPRX's correlation with other US ETFs, allowing for better decision-making and risk assessment within their investment portfolios.SPRX Sector
SPRX SECTOR
The Sprocket Innovators ETF (SPRX) primarily focuses on investing in companies that are at the forefront of breakthrough innovation in industrial technology. With a thematic approach targeting areas such as enterprise digitalization, artificial intelligence, robotics, environmental focus, photonics, additive manufacturing, and even space exploration, the ETF aims to provide exposure to companies driving transformation in the industrial sector. By targeting companies that demonstrate potential to deliver growth through technological advancements, the SPRX ETF offers investors a way to access diverse and cutting-edge industries within the industrial technology sector.SPRX Exposure
SPRX EXPOSURE
The thematic focus of the Spear Industrial Innovation ETF (SPRX) revolves around breakthrough innovation in industrial technology. Spear Advisors LLC, the investment adviser behind SPRX, targets companies that are at the forefront of technological advancements transforming the industrial sector. The fund strategically invests in firms engaged in activities such as scalable connectivity, artificial intelligence, robotics and industrial automation, environmental focus and decarbonization, photonics and additive manufacturing, and space exploration. Investors looking to tap into the potential of industrial innovation can use the ETF Insider's web app to explore SPRX's exposure, benefiting from its visualization tools that uncover deep and insightful data about the ETF's holdings, overlaps, correlations, and more.