ATLASSpear Alpha ETF (SPRX): outlook, holdings and fees
Spear Alpha ETF (SPRX) is an exchange-traded fund and is managed by Spear. The expense ratio is 0.71% and the yield is 0.00%. The ten largest holdings are 66% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on SPRX
| Last price | $35.96 (-2.1%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 47% |
| Likely 1-month range (50%) | $31.82 – $39.72 |
| Normal 1-day range (±1σ) | ±3.8% |
| Distribution yield | 0.00% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
SPRX fund facts
| Issuer | Spear |
|---|---|
| Theme | Other strategies |
| Assets under management | $245M |
| Expense ratio | 0.71% |
| Number of holdings | 29 |
| Portfolio turnover | 206% |
| Inception | Aug 3, 2021 |
| Exchange | NASDAQ |
The fund is an actively-managed exchange-traded fund ("ETF") that will invest primarily in equity securities, including common stock or American depositary receipts ("ADRs") of companies that Spear Advisors LLC (the "Adviser") believes are poised to benefit from breakthrough innovation in industrial technology. The Adviser defines "innovation in industrial technology" as those technological developments that are transforming or have the potential to transform the industrial sector. It is non-diversified.
SPRX top holdings
| Holding | Sector | Weight |
|---|---|---|
| Astera Labs, Inc. ALAB | Technology | 10.83% |
| Cloudflare Inc NET | Technology | 7.84% |
| Coherent Inc COHR | Technology | 8.08% |
| Lumentum Holdings Inc LITE | Technology | 7.61% |
| Arm Holdings plc American Depositary Shares ARM | Technology | 6.96% |
| Lam Research Corp LRCX | Technology | 6.82% |
| Credo Technology Group Holding Ltd CRDO | Technology | 4.70% |
| Space Exploration Technologies Corp. Class A Common Stock SPCX | Industrials | 4.78% |
| Ciena Corp CIEN | Technology | 4.59% |
| KLA Corporation KLAC | Technology | 4.23% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
SPRX sector breakdown
| Sector | Weight |
|---|---|
| Technology | 89.4% |
| Industrials | 8.5% |
| Financial Services | 2.0% |
| Communication Services | 0.1% |
By region: North America 96.6%, Europe Developed 3.4%.
SPRX returns and risk
| Year to date | +32.7% |
|---|---|
| 1 year | +28.6% |
| 3 years (annualised) | +45.0% |
| 5 years (annualised) | +20.1% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 40.8% |
| Sharpe ratio (3 years) | 0.96 |
Past returns do not guarantee future results.
SPRX: frequently asked questions
What does SPRX invest in?
Spear Alpha ETF invests in a portfolio of securities. Its largest holdings are Astera Labs, Inc. (10.8%), Cloudflare Inc (7.8%), Coherent Inc (8.1%), Lumentum Holdings Inc (7.6%), Arm Holdings plc American Depositary Shares (7.0%).
What is the SPRX expense ratio?
0.71% a year: about $71.00 for every $10,000 invested.
What is the SPRX dividend yield?
0.00%. ATLAS does not hold the exact distribution dates for ETFs.
Will SPRX go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 47%, with a likely range (50%) of $31.82 to $39.72 from $35.96 today. It is a probability, not a prediction.
How has SPRX performed?
Year to date +32.7%, one year +28.6%, three years +45.0% a year, five years +20.1% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer