---
ticker: "SPRX"
name: "Spear Alpha ETF"
url: "https://etf.net/etf/SPRX"
grade: "D"
score: 38
graded_at: "2026-10-12"
category: "Disruptive Innovation"
category_rank: "24 of 31"
methodology: "https://etf.net/methodology"
---

# SPRX: Spear Alpha ETF

Grade **D**, Score 38 of 100. Rank 24 of 31 in Disruptive Innovation.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 27 | 20 of 31 |
| Mission | Not scored | — |
| Risk | 18 | 28 of 31 |
| Tradability | 86 | 2 of 31 |
| Holdings | 28 | 30 of 31 |
| Durability | 53 | 16 of 31 |

## Top holdings

The fund holds 28 positions. These are the largest 28, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | ALAB | Astera Labs Inc | 11.20% |
| 2 | NET | Cloudflare Inc | 8.16% |
| 3 | COHR | Coherent Corp | 7.97% |
| 4 | LITE | Lumentum Holdings Inc | 7.81% |
| 5 | ARM | ARM Holdings PLC | 7.27% |
| 6 | LRCX | Lam Research Corp | 6.84% |
| 7 | AAOI | Applied Optoelectronics Inc | 6.75% |
| 8 | CRDO | Credo Technology Group Holding Ltd | 4.89% |
| 9 | SPCX | Space Exploration Technologies Corp | 4.76% |
| 10 | CIEN | Ciena Corp | 4.75% |
| 11 | KLAC | Kla Corp | 4.38% |
| 12 | MKSI | MKS Inc | 4.22% |
| 13 | TER | Teradyne Inc | 3.63% |
| 14 | NOKBF | Nokia Oyj | 3.57% |
| 15 | MRVL | Marvell Technology Inc | 3.46% |
| 16 | VIAV | Viavi Solutions Inc | 2.86% |
| 17 | RKLB | Rocket Lab Corp | 2.40% |
| 18 | SNDK | Sandisk Corp | 2.32% |
| 19 | ANET | Arista Networks Inc | 1.34% |
| 20 | LUNR | Intuitive Machines Inc | 1.16% |
| 21 | AMD | Advanced Micro Devices Inc | 0.71% |
| 22 | CRWD | Crowdstrike Holdings Inc | 0.51% |
| 23 | META | Meta Platforms Inc | 0.13% |
| 24 | KTOS | Kratos Defense & Security Solutions Inc | 0.06% |
| 25 | KRMN | Karman Holdings Inc | 0.02% |
| 26 | ASTS | AST SpaceMobile Inc | <0.01% |
| 27 | CEG | Constellation Energy Corp | <0.01% |
| 28 | SNOW | Snowflake Inc | <0.01% |

Source: etf.net, https://etf.net/etf/SPRX. Please cite the page URL.