SPRX vs. AIEQ

In the year-to-date period, SPRX achieves a -9.33% return, which is significantly lower than AIEQ's 2.23% return.

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SPRX has a 0.75% expense ratio, which is lower than AIEQ's 0.80% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Spear Alpha ETF (SPRX) and AI Powered Equity ETF (AIEQ). 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.

The current SPRX Sharpe Ratio is 0.22, which is lower than the AIEQ Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of SPRX and AIEQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Neither SPRX nor AIEQ has paid dividends to shareholders.

The maximum SPRX drawdown since its inception was -51.22%, which is greater than AIEQ's maximum drawdown of -38.97%. Use the drawdown chart below to compare losses from any high point for SPRX and AIEQ. For additional features, visit the drawdowns tool.

Spear Alpha ETF (SPRX) has a higher volatility of 12.42% compared to AI Powered Equity ETF (AIEQ) at 7.22%. This indicates that SPRX's price experiences larger fluctuations and is considered to be riskier than AIEQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.