As a seasoned crypto investor with a keen interest in artificial intelligence (AI) and thematic investments, I’ve been closely monitoring the performance of various funds. The recent growth reported by Spear Alpha ETF (SPRX), managed by Ivana Delevska, has caught my attention. With an impressive 60% increase in value over the past 12 months, this fund outperforms even established players like Ark Innovation ETF (ARKK).
As an analyst, I’ve noticed some impressive growth in the Spear Alpha ETF (SPRX) managed by Ivana Delevska. Over the past year, this fund has experienced a value increase of over 60%. This outperforms the widely recognized Ark Innovation ETF (ARKK), which saw a rise of merely around 21% during the same period. With $70 million in assets under management, Spear Alpha gains an edge through strategic investments in artificial intelligence.
Approximately 26 investments are contained within the fund. Nearly every asset in the portfolio could benefit from advancements in artificial intelligence (AI) technology. The integration of AI technologies is crucial to the fund’s recent prosperity. Nvidia, a prominent company in the chip sector, makes up nearly 11% of the fund’s overall assets.
Spear Alpha ETF High-Risk Strategy Pays Off
Back in 2023, I decided to take a risk and invest in Nvidia when its stock was underperforming. To my delight, this investment has since paid off handsomely, with Nvidia’s value more than doubling, representing a return of over 220%. This significant position in Nvidia is now the cornerstone of my portfolio at Spear Alpha ETF. Embracing high risk for potentially greater rewards continues to be my investment philosophy.
Spear’s superior performance was bolstered by this strategy, and it also set the foundation for the fund’s long-term resilience. Delevska predicts that Nvidia could yield a return of 30% to 40% in the coming years, implying a more protective stance towards this stock in the investment portfolio.
The fund’s approach to investing isn’t limited to thematic areas alone. Rather, it extracts themes from the various industries represented by the companies it invests in. These themes span across fields such as enterprise digitization, space technology, and carbon reduction.
Ark ETF sees $1.36B in outflows, and SPRX
In 2024, Spear Alpha ETF’s SPRX has witnessed significant interest and investment, drawing in a total of $54 million. Conversely, Ark Innovation ETF experienced outflows amounting to $1.36 billion during the same period. The allure of Spear’s strong AI-centric approach appears to be captivating investors.
The fund’s investment strategy closely follows Delevska’s background in overseeing lengthy portfolios at prominent hedge firms such as Citadel. Spear intends to generate significant profits by investing in individual stocks that offer potential for AI application.
As a researcher studying the investment world, I’ve discovered that Spear Alpha ETF is set to leverage almost the entirety of its holdings towards Artificial Intelligence (AI) technology. This strategic move places the fund in an advantageous position to capitalize on ongoing progress and advancements within the AI sector. Consequently, the fund appears primed for continued growth in this dynamic and evolving investment landscape.
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2024-04-27 20:27