SPRX vs WAR
Spear Alpha ETF against U.S. Global Technology and Aerospace & Defense ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
22%
10 shared positions
Fee gap
15 bp
WAR is cheaper
1-year return gap
14.1 pts
WAR is ahead
Larger fund
SPRX
$163M
Side by side
| SPRX | WAR | |
|---|---|---|
| Fund | Spear Alpha ETF | U.S. Global Technology and Aerospace & Defense ETF |
| Issuer | Spear | U.S. Global Investors |
| Category | Technology | Aerospace & Defense |
| Expense ratio | 0.75% | 0.60% |
| Assets | $163M | $41M |
| Average daily dollar volume | $4.5M | $260K |
| Listed | Aug 3, 2021 | Dec 27, 2024 |
| FrenzyCap score | 34 | 29 |
| 1-month return | −19.5% | −12.8% |
| 3-month return | −34.0% | −26.8% |
| Year to date | −12.3% | +8.2% |
| 1-year return | −15.4% | −1.4% |
| 30-day volatility | 86.3% | 51.8% |
| Worst drawdown, 1 year | −51.6% | −35.1% |
| Trailing 12-month yield | — | 11.83% |
| Holdings | 29 | 30 |
| Top 10 weight | 67.8% | 61.0% |
| Look-through P/E | — | 50.5 |
| Holdings vs fair value | −2.0% | −1.6% |
| Holdings above 200-day average | 10% | 29% |
| Net flow, latest 3 reported months | +$53M thru Jun 2026 | +$11M thru Jun 2026 |
| 30-day implied volatility | 65.3% | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
36% of SPRX · 35% of WAR
Sector mix of the stock holdings
| Sector | SPRX | WAR | Gap |
|---|---|---|---|
| Technology | 77.6% | 48.3% | +29.3% |
| Industrials | 10.0% | 19.9% | −9.9% |
| Financials | 4.7% | 0.9% | +3.8% |
| Communication Services | 2.7% | 0.0% | +2.7% |
| Utilities | 0.0% | 0.0% | +0.0% |
More: full overlap table · SPRX holdings · WAR holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.