Summary
SPRX
Prices · period metrics · 12M
NAV as of 15/10/2026
02/04/2025 → 02/04/2026
Return 2.62% 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: 15/10/2026

Current price: $41.95

Expense ratio: 0.75%

Assets under management
$229.9M
2.69% daily change

Period performance

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

Adjusted return
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Performance metrics

Period total return

0.10%

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

-11.51%

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

-1.78%

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

2.62%

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

75.64%

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

135.01%

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: 15/10/2025 - 15/10/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.071%

Best day

11.727%

30/07/2026
Worst day

-10.414%

05/06/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
15/10/2026 $40.85 $42.00 $39.75 $41.95 134,800
14/10/2026 $44.83 $44.97 $42.55 $42.65 95,600
13/10/2026 $45.22 $46.09 $44.56 $46.07 53,300
12/10/2026 $48.65 $48.65 $46.39 $46.57 64,900
09/10/2026 $49.85 $50.00 $48.68 $49.27 46,000
08/10/2026 $50.29 $50.50 $48.18 $48.67 77,400
07/10/2026 $51.10 $51.54 $50.30 $51.28 29,500
06/10/2026 $51.98 $52.69 $51.95 $52.46 60,100
05/10/2026 $51.35 $51.49 $50.37 $51.26 57,200
02/10/2026 $50.37 $51.59 $50.23 $51.08 66,300