SPRX vs. ORCL
SPRX (Spear Alpha ETF) is Technology Equities fund actively managed by Spear, while ORCL (Oracle Corporation) is a stock. Over the past 3 years, SPRX returned 43.37%/yr vs 17.80%/yr for ORCL. A 0.55 correlation means they provide meaningful diversification when combined.
Performance
SPRX vs. ORCL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SPRX achieves a 43.69% return, which is significantly higher than ORCL's -4.95% return.
SPRX
- 1D
- 1.50%
- 1M
- 14.89%
- YTD
- 43.69%
- 6M
- 43.35%
- 1Y
- 106.26%
- 3Y*
- 43.37%
- 5Y*
- —
- 10Y*
- —
ORCL
- 1D
- 0.02%
- 1M
- -4.57%
- YTD
- -4.95%
- 6M
- -2.48%
- 1Y
- -13.59%
- 3Y*
- 17.80%
- 5Y*
- 18.90%
- 10Y*
- 18.60%
SPRX vs. ORCL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SPRX Spear Alpha ETF | 43.69% | 41.91% | 20.58% | 88.02% | -44.99% | 9.15% |
ORCL Oracle Corporation | -4.95% | 18.13% | 59.99% | 30.94% | -4.65% | -2.48% |
Correlation
The correlation between SPRX and ORCL is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2021 | 0.55 |
The correlation between SPRX and ORCL has been stable across timeframes, ranging from 0.52 to 0.55 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SPRX vs. ORCL — Risk / Return Rank
SPRX
ORCL
SPRX vs. ORCL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Spear Alpha ETF (SPRX) and Oracle Corporation (ORCL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPRX | ORCL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.34 | ||
| Sortino ratioReturn per unit of downside risk | +2.28 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.04 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 4.23 | -0.12 | +4.35 |
| Martin ratioReturn relative to average drawdown | 13.10 | -0.20 | +13.30 |
Loading charts...
Drawdowns
SPRX vs. ORCL - Drawdown Comparison
The maximum SPRX drawdown since its inception was -51.21%, smaller than the maximum ORCL drawdown of -84.19%. Use the drawdown chart below to compare losses from any high point for SPRX and ORCL.
Loading charts...
Drawdown Indicators
| SPRX | ORCL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.21% | -84.19% | +32.98% |
Max Drawdown (1Y)Largest decline over 1 year | -24.21% | -58.25% | +34.04% |
Max Drawdown (3Y)Largest decline over 3 years | -42.12% | -58.25% | +16.13% |
Max Drawdown (5Y)Largest decline over 5 years | — | -58.25% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -58.25% | — |
Current DrawdownCurrent decline from peak | -5.87% | -43.48% | +37.61% |
Average DrawdownAverage peak-to-trough decline | -17.58% | -29.11% | +11.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.80% | 35.41% | -27.61% |
Volatility
SPRX vs. ORCL - Volatility Comparison
The current volatility for Spear Alpha ETF (SPRX) is 19.77%, while Oracle Corporation (ORCL) has a volatility of 23.44%. This indicates that SPRX experiences smaller price fluctuations and is considered to be less risky than ORCL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SPRX | ORCL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.77% | 23.44% | -3.67% |
Volatility (6M)Calculated over the trailing 6-month period | 38.52% | 43.42% | -4.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 45.91% | 65.91% | -20.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.15% | 42.16% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.15% | 35.12% | +7.03% |
Dividends
SPRX vs. ORCL - Dividend Comparison
SPRX has not paid dividends to shareholders, while ORCL's dividend yield for the trailing twelve months is around 1.09%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ORCL Oracle Corporation | 1.09% | 0.97% | 0.96% | 1.44% | 1.57% | 1.38% | 1.48% | 1.72% | 1.68% | 1.52% | 1.56% | 1.56% |
SPRX Spear Alpha ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SPRX and ORCL have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ORCL has higher volatility (23.44%) compared to SPRX (19.77%). In terms of maximum drawdown, SPRX dropped -51.21% vs ORCL's -84.19%.
SPRX currently has the higher Sharpe Ratio (2.23 vs -0.11), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SPRX and ORCL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer