SPRX vs. BOTZ
Compare and contrast key facts about Spear Alpha ETF (SPRX) and Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ).
SPRX and BOTZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPRX is an actively managed fund by Spear. It was launched on Aug 3, 2021. BOTZ is a passively managed fund by Global X that tracks the performance of the Indxx Global Robotics & Artificial Intelligence Thematic Index. It was launched on Sep 12, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPRX or BOTZ.
Performance
SPRX vs. BOTZ - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with SPRX having a 17.46% return and BOTZ slightly lower at 17.39%.
SPRX
17.46%
11.28%
13.53%
42.22%
N/A
N/A
BOTZ
17.39%
6.20%
6.11%
27.52%
9.40%
N/A
Key characteristics
| SPRX | BOTZ | |
|---|---|---|
| Sharpe Ratio | 1.44 | 1.28 |
| Sortino Ratio | 1.94 | 1.80 |
| Omega Ratio | 1.26 | 1.23 |
| Calmar Ratio | 1.78 | 0.81 |
| Martin Ratio | 4.39 | 5.17 |
| Ulcer Index | 9.63% | 5.31% |
| Daily Std Dev | 29.31% | 21.39% |
| Max Drawdown | -51.22% | -55.54% |
| Current Drawdown | 0.00% | -15.64% |
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SPRX vs. BOTZ - Expense Ratio Comparison
SPRX has a 0.75% expense ratio, which is higher than BOTZ's 0.68% expense ratio.
Correlation
The correlation between SPRX and BOTZ is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
SPRX vs. BOTZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Spear Alpha ETF (SPRX) and Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ). 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
SPRX vs. BOTZ - Dividend Comparison
SPRX has not paid dividends to shareholders, while BOTZ's dividend yield for the trailing twelve months is around 0.14%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
SPRX Spear Alpha ETF | 0.00% | 0.00% | 0.00% | 0.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BOTZ Global X Robotics & Artificial Intelligence Thematic ETF | 0.14% | 0.20% | 0.23% | 0.16% | 0.19% | 0.83% | 1.44% | 0.01% | 0.06% |
Drawdowns
SPRX vs. BOTZ - Drawdown Comparison
The maximum SPRX drawdown since its inception was -51.22%, smaller than the maximum BOTZ drawdown of -55.54%. Use the drawdown chart below to compare losses from any high point for SPRX and BOTZ. For additional features, visit the drawdowns tool.
Volatility
SPRX vs. BOTZ - Volatility Comparison
Spear Alpha ETF (SPRX) has a higher volatility of 9.33% compared to Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) at 5.30%. This indicates that SPRX's price experiences larger fluctuations and is considered to be riskier than BOTZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.