SPRX

Spear Alpha ETF

$37.22
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Spear Alpha ETF seeks to provide exposure to a diversified portfolio of alternative investment strategies, with the goal of generating positive returns in a variety of market environments.

Overview

ETF tracking Spear Alpha ETF

Category Other
Issuer Other
Inception Date 2021-08-04
Market Cap $110.7M
Average Volume N/A
Dividend Yield N/A
52-Week Range $17.41 - $43.73
VWAP $37.17

Performance

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Investment Summary

📎 Investment Objective

The Spear Alpha ETF seeks to provide exposure to a diversified portfolio of alternative investment strategies, with the goal of generating positive returns in a variety of market environments.

🎯 Investment Strategy

The ETF invests in a range of alternative asset classes and strategies, such as managed futures, long-short equity, and global macro, in an effort to achieve its objective. The fund's managers aim to tactically allocate assets to take advantage of market opportunities and mitigate risks.

✨ Key Features

  • Exposure to a diversified portfolio of alternative investment strategies
  • Potential for positive returns in varying market conditions
  • Actively managed approach to asset allocation and risk management
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Risks associated with alternative investment strategies, such as higher volatility and lower liquidity
  • Potential for underperformance compared to traditional asset classes during certain market conditions
  • Reliance on the fund manager's ability to effectively implement the investment strategy
  • Limited performance history and assets under management

👤 Best For

The Spear Alpha ETF may be suitable for investors seeking exposure to alternative investment strategies as part of a diversified portfolio. It may be particularly appealing to those with a higher risk tolerance and a longer-term investment horizon, as the fund aims to generate positive returns across various market environments.