Summary
SPRX
Prices · period metrics · 12M
NAV as of 21/07/2026
02/04/2025 → 02/04/2026
Return 49.00% Volatility 47.56% Sharpe 1.61
Official loaded data — not a live quote.

SPEAR ALPHA ETF

Symbol: SPRX

Exchange: NASDAQ

Sector: Technology

Category: Technology

Inception date: 03/08/2021

Latest date: 21/07/2026

Current price: $47.10

Expense ratio: 0.75%

Assets under management
$291.5M
0.79% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
--
--

Performance metrics

Period total return

-19.54%

Ann. -53.75% (Sharpe / Sortino numerator)

Volatility

61.81%

Sharpe ratio

-0.928

VaR 95%

-6.92%

CVaR 95%: -7.48%
Max drawdown: -16.40%
Sortino ratio: -1.389
Calmar ratio: -3.28

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

7.55%

Ann. -25.86% (Sharpe / Sortino numerator)

Volatility

53.70%

Sharpe ratio

-0.549

VaR 95%

-5.54%

CVaR 95%: -7.16%
Max drawdown: -24.02%
Sortino ratio: -0.807
Calmar ratio: -1.08

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

14.57%

Ann. -13.40% (Sharpe / Sortino numerator)

Volatility

50.63%

Sharpe ratio

-0.336

VaR 95%

-5.51%

CVaR 95%: -7.01%
Max drawdown: -24.21%
Sortino ratio: -0.479
Calmar ratio: -0.55

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

49.00%

Ann. 80.19% (Sharpe / Sortino numerator)

Volatility

47.56%

Sharpe ratio

1.610

VaR 95%

-5.00%

CVaR 95%: -6.86%
Max drawdown: -24.21%
Sortino ratio: 2.224
Calmar ratio: 3.31

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

109.62%

Ann. 27.34% (Sharpe / Sortino numerator)

Volatility

43.81%

Sharpe ratio

0.541

VaR 95%

-5.02%

CVaR 95%: -6.82%
Max drawdown: -42.12%
Sortino ratio: 0.690
Calmar ratio: 0.65

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

149.21%

Ann. 35.82% (Sharpe / Sortino numerator)

Volatility

40.14%

Sharpe ratio

0.802

VaR 95%

-4.28%

CVaR 95%: -6.22%
Max drawdown: -42.12%
Sortino ratio: 1.043
Calmar ratio: 0.85

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 21/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.208%

Best day

10.036%

06/02/2026
Worst day

-10.414%

05/06/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
21/07/2026 $46.73 $47.50 $46.22 $47.10 70,200
20/07/2026 $45.17 $45.90 $44.55 $44.64 132,700
17/07/2026 $42.78 $44.99 $41.74 $44.10 116,500
16/07/2026 $45.76 $45.97 $44.11 $44.50 170,300
15/07/2026 $49.13 $49.29 $45.90 $47.40 86,000
14/07/2026 $50.14 $50.14 $48.40 $48.66 73,400
13/07/2026 $49.66 $49.66 $47.85 $48.20 92,500
10/07/2026 $51.11 $51.40 $50.15 $51.05 39,200
09/07/2026 $52.19 $52.91 $51.56 $51.78 69,000
08/07/2026 $48.42 $50.00 $48.24 $49.74 77,000