SPRX ETF — Spear Alpha ETF

Spear Alpha ETF (SPRX)

Updated October 16, 2026.

SPRX is an ETF. its expense ratio is 0.75%. Total return is 98.1% over the past 5.2 years, 11.6 points ahead of SPY at 86.5%.

Spear Alpha ETF is an actively managed exchange-traded fund that invests primarily in equity securities of companies positioned to benefit from breakthrough innovation in industrial technology, with a non-diversified portfolio structure. The fund does not currently distribute, though a special distribution was made at some point in the past and should not be expected to recur regularly. With an expense ratio of 0.75%, the fund appeals to growth-oriented investors seeking exposure to industrial technology innovation rather than those focused on generating current income.

SPRX performance versus SPY

Price and return data through 2026-10-16.

Total return is 98.1% over the past 5.2 years, 11.6 points ahead of SPY at 86.5%. Over the past year its total return — price change plus distributions reinvested — is -2.0%. Its deepest 1-year drawdown was 35.9%.

SPRX key facts

Issuer

Spear Alpha

Asset type

ETF

Asset class

Equity

Inception date

08/03/2021

Expense ratio

0.75%

Distribution frequency

None

Last close

$39.57 (as of 2026-10-16)

AUM

$222,196,049

Average volume

86481.0

Ex-dividend date

12/22/2021

Payment date

12/27/2021

Beta

2.31

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Spear Alpha; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SPRX risks and drawbacks

The deepest 1-year drawdown on record here is 35.9%.

Who may consider SPRX — and who may not

It is a weaker fit for investors who need monthly cash flow (SPRX does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on SPRX

• All tickers starting with S

Frequently asked questions

More securities from Spear Alpha.