2024-03-31 23:59:00 ET
Summary
- SPEAR is a fundamental asset manager and ETF issuer specializing in investments in industrial technology value chains.
- For 2023, Spear Alpha ETF was up both vs. the S&P 500 and the Nasdaq Composite.
- 2024 started on a defensive note, with interest rates tricking up and investors shortening their investment horizons.
- We believe that the potential opportunity for data/compute management and cybersecurity created by AI remains significantly underappreciated.
Spear Alpha ( SPRX ) Annual Letter - A Top Performing ETF in 2023
Spear Alpha ETF was up 88.02% in 2023 compared to the S&P 500 ( SP500 , SPX ), up 26.26%, and the Nasdaq Composite ( COMP:IND ), up 44.70%. For 4Q23, SPRX was up 28.28% compared to the S&P 500 up 11.68%, and the Nasdaq Composite up 13.84%....
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For further details see:
Spear Advisors Q4 2023 Fund Letter