Spear Alpha ETF (SPRX) is a technology-hardware ETF. As of October 9, 2026, ETF Copilot scores SPRX 5.6 out of 10 — highest on Growth (10.0), lowest on Risk (0.3). It trades at 66.8 times earnings, against its own median of 59.0. Its ten largest holdings are 68% of the fund.
What stands out in SPRX's data
Industrial tech and AI innovators, from automation to semiconductors.
Analysts expect faster growth ahead than nearly any peer — the market's pricing in a steep runway.
A growth estimate of 54% sits in the top 10% of the category, well above the peer median of 33%. The trailing P/E multiple of 66.8x reflects that same optimism.
A satellite sleeve for portfolios seeking direct exposure to industrial tech and AI innovation.
Why did SPRX move this week? It fell 3.5% in the week to October 9, 2026 — Arm and Lam Research drove it
SPRX fell 3.5% in the week to October 9, 2026. The holdings that moved it most were Arm (−13.4%), Lam Research (−8.2%) and Coherent (−7.2%); Ciena (+14.9%) pushed the other way.
How is SPRX rated? ETF Copilot scores Spear Alpha ETF (SPRX) 5.6 out of 10
As of October 9, 2026, ETF Copilot scores Spear Alpha ETF (SPRX) 5.6 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.6 / 10
- Growth: 10.0 / 10
- Value: 1.9 / 10
- Risk: 0.3 / 10
- Quality: 3.5 / 10
- Return: 8.7 / 10
SPRX is ranked #8 of 10 in ETF Copilot's Growth list.
Is SPRX expensive right now? It trades at 66.8 times earnings, against its own median of 59.0
As of October 9, 2026, SPRX is more expensive than 73% of its own 26 monthly readings since 2021 — 19 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside SPRX? 86% Tech
What's inside SPRX: Size (Large 88%, Mid 10%, Small 2%); Geography (International 12%, US 88%); Tech 86.1%; Magnificent 7 0.1%; AI 17.1%; Semiconductors 40.4%; Memory 24.9%.
What are SPRX's top holdings? The ten largest are 68% of the fund
Astera Labs, Coherent, Arm, Lumentum, Cloudflare, Lam Research, Credo Technology, Space Exploration Technologies, Ciena and KLA are SPRX's largest holdings, in that order.
More concentrated than 82% of Tech Hardware ETFs.
Half of SPRX's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 17 equally weighted holdings.
What is SPRX's expense ratio? 0.75% a year
As of October 9, 2026, SPRX charges 0.75% a year and holds $232M in assets across 27 positions.
| Measure | SPRX |
|---|---|
| Expense ratio | 0.75% |
| Assets under management | $232M |
| Holdings | 27 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “Spear Alpha ETF (SPRX) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/sprx
ETF Copilot Pro unlocks SPRX's price and what each holding weighs.
Try Pro free →