(SPRX) Spear Alpha - Overview

Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US53656F3837

Etf: Robotics, Automation, 3D Printing, Space, Energy

Total Rating 64
Risk 71
Buy Signal 0.59
Risk 5d forecast
Volatility 60.6%
Relative Tail Risk 1.19%
Reward TTM
Sharpe Ratio 0.88
Alpha 14.90
Character TTM
Beta 1.932
Beta Downside 1.772
Drawdowns 3y
Max DD 42.12%
CAGR/Max DD 0.99

Description: SPRX Spear Alpha December 22, 2025

Spear Alpha ETF (NASDAQ: SPRX) is an actively managed, non-diversified ETF that targets equity securities-primarily common stock and ADRs-of companies the adviser believes will benefit from breakthrough innovation in industrial technology. The fund’s mandate focuses on firms whose products or services are transforming, or have the potential to transform, the industrial sector.

As of the latest filing, SPRX carries an expense ratio of 0.68% and manages roughly $250 million in assets, with an average portfolio turnover of about 45% per year. The fund’s top holdings are concentrated in industrial automation, robotics, and advanced materials, sectors that have seen a 12% year-over-year increase in global capex driven by reshoring trends and AI-enabled efficiency gains. Recent data show that U.S. industrial equipment orders rose 8% in Q3 2024, underscoring a macro-level tailwind for the ETF’s focus area.

For a deeper, data-driven look at SPRX’s risk-adjusted performance, you might explore the ValueRay platform.

What is the price of SPRX shares?

As of February 08, 2026, the stock is trading at USD 40.23 with a total of 195,351 shares traded.
Over the past week, the price has changed by -0.65%, over one month by -1.35%, over three months by -1.78% and over the past year by +41.65%.

Is SPRX a buy, sell or hold?

Spear Alpha has no consensus analysts rating.

What are the forecasts/targets for the SPRX price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 51.9 29%

SPRX Fundamental Data Overview February 03, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 156.0m USD (156.0m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 156.0m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 156.0m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 13.04% (E(156.0m)/V(156.0m) * Re(13.04%) + (debt-free company))
Discount Rate = 13.04% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for SPRX ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle