SPRO vs. SPRX
Compare and contrast key facts about Spero Therapeutics, Inc. (SPRO) and Spear Alpha ETF (SPRX).
SPRX is an actively managed fund by Spear. It was launched on Aug 3, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPRO or SPRX.
Correlation
The correlation between SPRO and SPRX is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SPRO vs. SPRX - Performance Comparison
Key characteristics
SPRO:
-0.90
SPRX:
0.40
SPRO:
-1.41
SPRX:
0.74
SPRO:
0.85
SPRX:
1.10
SPRO:
-0.46
SPRX:
0.58
SPRO:
-1.51
SPRX:
1.40
SPRO:
29.25%
SPRX:
9.90%
SPRO:
49.26%
SPRX:
34.46%
SPRO:
-96.92%
SPRX:
-51.22%
SPRO:
-96.31%
SPRX:
-6.90%
Returns By Period
In the year-to-date period, SPRO achieves a -20.87% return, which is significantly lower than SPRX's 3.22% return.
SPRO
-20.87%
-9.16%
-31.51%
-46.38%
-38.20%
N/A
SPRX
3.22%
-0.63%
24.46%
10.42%
N/A
N/A
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Risk-Adjusted Performance
SPRO vs. SPRX — Risk-Adjusted Performance Rank
SPRO
SPRX
SPRO vs. SPRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spero Therapeutics, Inc. (SPRO) and Spear Alpha ETF (SPRX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
SPRO vs. SPRX - Dividend Comparison
Neither SPRO nor SPRX has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
SPRO Spero Therapeutics, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPRX Spear Alpha ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.24% |
Drawdowns
SPRO vs. SPRX - Drawdown Comparison
The maximum SPRO drawdown since its inception was -96.92%, which is greater than SPRX's maximum drawdown of -51.22%. Use the drawdown chart below to compare losses from any high point for SPRO and SPRX. For additional features, visit the drawdowns tool.
Volatility
SPRO vs. SPRX - Volatility Comparison
Spero Therapeutics, Inc. (SPRO) has a higher volatility of 23.08% compared to Spear Alpha ETF (SPRX) at 16.94%. This indicates that SPRO's price experiences larger fluctuations and is considered to be riskier than SPRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.