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SPRX vs XITK

Spear Alpha ETF

SPRXDNasdaq

State Street SPDR FactSet Innovative Technology ETF

XITKANYSE Arca

Overlap

Expense ratio

XITK −0.30pt a year

SPRX0.75%XITK0.45%

Avg volume · 30D

SPRX 38.5×the volume

SPRX82.8KXITK2.15K

5Y return · a year

SPRX +14.7pt

SPRX+10.9%XITK−3.8%

SPRX vs XITK Performance

Oct 29, 2021 – Oct 30, 2026

+67.8%SPRX−17.4%XITK

Oct 29, 2021 to Oct 30, 2026. SPRX +67.8%. XITK −17.4%. Use the arrow keys to read each point.−50%100%150%Oct 2021Apr 2024Oct 2026
Expense ratio
SPRX 0.75%
XITK 0.45%, better
Fund size
SPRX $177M
XITK $67M
1Y total return
SPRX −16.0%
XITK +0.6%, better
Yield (12M)
SPRX 0.00%
XITK 0.00%
Holdings
SPRX 27
XITK 95
Avg volume (30D)
SPRX 82.8K sh, better
XITK 2.15K sh
NAV per share
SPRX $36.75
XITK $197.42
52W range

ETF.net Grade

SPRX: Cost 22, Risk 14, Mission not scored, Tradability 78, Holdings 25, Durability 52. XITK: Cost 95, Risk 37, Mission not scored, Tradability 65, Holdings 81, Durability 73.
Pillar letters and Scores for SPRX, XITK, with each pillar’s weight
PillarSPRXXITK
Cost30% weightF22A95Higher
Mission25% weightNot scoredNot scored
Risk15% weightF14D37Higher
Tradability15% weightA78HigherB65
Holdings10% weightD25A81Higher
Durability5% weightC52A73Higher

Rank among Disruptive Innovation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. SPRX and XITK are both graded against the same 30 Disruptive Innovation funds, so their Grades compare head to head.

Disruptive Innovation⁠

Category · 30 funds
See all 30 ›

XITK ranks 4th and SPRX 26th of 30 funds in the Disruptive Innovation Category.

  1. Rank 1AXTiShares Future Exponential Technologies ETFScore 86
  2. Rank 2AKOMPState Street SPDR S&P Kensho New Economies Composite ETFScore 83
  3. Rank 3ATRFMAAM Transformers ETFScore 74
  4. Rank 4AXITKState Street SPDR FactSet Innovative Technology ETFScore 73
  5. Rank 5AGINNGoldman Sachs Innovate Equity ETFScore 70
  6. Rank 26DDUNKDana Unconstrained Equity ETFScore 34
  7. Rank 26DSPRXSpear Alpha ETFScore 34
  8. Rank 28DTMATMain Thematic Innovation ETFScore 33

Our read on each fund

ETF.net Research

SPRXDSpear Alpha ETF

XITKAState Street SPDR FactSet Innovative Technology ETF

In short

SPRX Most innovation ETFs buy the theme off an index. Spear Alpha is one analyst's research book: founder Ivana Delevska hand-picks a concentrated set of industrial-technology companies, from factory-floor digitalization to space, and trades them actively.

XITK Most innovation funds pick a theme and hope. XITK lets the data pick: FactSet ranks tech and electronic-media segments by growth, keeps the top quartile, then equal-weights roughly 100 names so no single giant runs the show.

Stated mandate

SPRX The fund seeks long-term capital growth by actively investing mainly in equity securities of companies that the adviser believes may benefit from major advances in industrial technology.

XITK The fund seeks to track the total return of the FactSet Innovative Technology Index before fees and expenses. Its mandate targets innovative technology-related companies with robust revenue growth and leading-edge products or services.

Why people hold it

  • SPRX Actively run, not an index in disguise: the adviser picks companies across industrial-tech supply chains using primary research and direct contact with management.prnewswire.comspear-invest.com
  • The unglamorous end of innovation: robotics, manufacturing digitalization, photonics and space, mostly via companies the prospectus pegs in the $10B to $100B range.spear-invest.comprnewswire.com
  • Trades smoothly for a boutique product, one of the stronger showings on execution in its innovation peer group, and the founding manager has run it since the 2021 launch.prnewswire.com
  • XITK Costs 0.45% a year, comfortably under the 0.65% median for disruptive-innovation funds, and it does it inside a plain index wrapper from a major ETF shop.
  • Equal weighting at each reset gives the hundredth holding the same slot as the first, so results lean on the whole basket rather than two or three mega-caps.factset.com
  • Screens segments, not slogans: only companies drawing most of their revenue from the fastest-growing corners of tech and electronic media make the cut.factset.comssga.com
  • Trading since 2016, giving it a live record across several tech cycles, and it sits in the upper tier of our innovation-fund cohort review.

Worth knowing

  • SPRX 0.75% a year is above the typical fee in its cohort, and index rivals on the same theme (KOMP, XT) cost far less. That gap is what the stock-picking has to cover.
  • Non-diversified by design, so single names swing the fund, and the prospectus notes an active approach that turns the portfolio over heavily.spear-invest.comspear-invest.com 2
  • The stated goal is long-term capital growth, not income. One manager's judgment drives results, for better and worse.sec.gov
  • XITK Growth-screened tech, equal-weighted, means smaller names carry a giant's weight. Expect a rougher ride than a cap-weighted tech fund.
  • Thinly traded for its category and modest in size, so bid-ask spreads can run wider than the household-name tech ETFs.
  • Cheaper shelfmates exist: KOMP runs a broad new-economy basket for 0.20%.

Full SPRX profile⁠

Full XITK profile⁠

SPRX vs XITK Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

SPRX vs XITK Cost

Overpaying SPRX vs XITK

$5,441

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SPRX 0.75%

    $14,482

  • XITK 0.45%

    $9,041

$10,000
30 years

Cost over time

  • SPRX 0.75%
  • XITK 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SPRX $14,482XITK $9,041

Year by year

YearSPRXXITKOverpaying
10$1,336$812$524
20$5,078$3,128$1,950
30$14,482$9,041$5,441

Expense ratio

  • 0.75%SPRX
  • 0.45%XITK, cheaper
  • Middle half of Disruptive Innovation funds
  • Median 0.65%

XITK 2nd cheapest of 30 funds

SPRX 20th cheapest of 30 funds

SPRX vs XITK Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
SPRX 0.00%
XITK 0.00%
Payout (12M)
SPRX None
XITK None

Distribution history

Per share, 2016 to 2023, same scale for both

SPRX1 paymentAll SPRX payments⁠
One bar per payment. 1 payment from 2016 to 2023. Dec 22, 2021 $0.05. Use the arrow keys to read each point.$0$1201720202023
XITK11 paymentsAll XITK payments⁠
One bar per payment. 11 payments from 2016 to 2023. Sep 16, 2016 $0.03; Dec 16, 2016 $1.06; Dec 15, 2017 $1.36; Dec 24, 2018 $1.24; Dec 23, 2019 $0.16; Dec 21, 2020 $0.13; Jun 21, 2022 $0.06; Sep 19, 2022 $0.05; Jun 20, 2023 $0.0071; Sep 18, 2023 $0.0094; Dec 18, 2023 $0.10. Use the arrow keys to read each point.$0$1201720202023

SPRX vs XITK Risk

Fall from peak · 5 years

  • SPRX
  • XITK
Oct 29, 2021 to Oct 30, 2026. Worst fall: XITK −61.4% · Nov 2022. Use the arrow keys to read each point.−60%−40%−20%0%Oct 2021Apr 2024Oct 2026

Risk facts

VolatilityStd dev, 3 years
SPRX 42.9%XITK 25.4%, better
Return per unit of riskSharpe ratio, 3 years
SPRX 0.76, betterXITK 0.63
Worst fallMax drawdown, 5 years
SPRX −51.2%, betterXITK −61.4%
Market sensitivityBeta, 5 years
SPRX 2.22XITK 1.67

SPRX and XITK in the news

All news⁠

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