Spear Alpha ETF
Spear Alpha ETF (NASDAQ: SPRX) is an exchange-traded fund listed on NASDAQ, trading at $48.85 (about ₹4,686 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.75% and holds 23 securities. Indian residents can buy SPRX through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$48.27
Today's high
$49.37
52 week low
$32.75
52 week high
$59.10
SPRX opened at $48.81, closed previously at $48.36, and has traded between $32.75 and $59.10 over the past 52 weeks.
About
The Spear Alpha ETF (SPRX) operates as an actively managed exchange-traded fund, primarily allocating its capital to equity securities. This includes both common shares and American Depositary Receipts (ADRs). The investment strategy, guided by Spear Advisors LLC (the Adviser), seeks out companies deemed poised to capitalize on transformative breakthroughs in industrial technology. Specifically, the Adviser defines 'industrial technology innovation' as technological advancements currently reshaping, or possessing the potential to fundamentally reshape, the industrial sector. It is important to note that this fund maintains a non-diversified portfolio.
Key statistics
Expense ratio
0.75%
Assets (AUM)
$233.1M
Holdings
23
NAV
$48.81
Avg. volume
—
1-year price change
+26.85%
5-year price change
+131.63%
Price change excludes dividends.
Top 10 holdings
SPRX holds 23 securities in total. These 10 are 66.5% of the fund.
Where the money is invested
Sectors
Countries
How to buy SPRX from India
Indian residents can buy SPRX units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search SPRX and buy
Find the fund by its ticker, SPRX, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in SPRX from India
Trading and taxes when buying SPRX from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the SPRX price today?
Spear Alpha ETF (SPRX) last traded at $48.85 on NASDAQ, as of 25 Sep 2026, 4:00 PM ET. That is ₹4,686 a unit at the 25 Sep 2026 USD/INR rate.
When does SPRX trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is SPRX, and what does it cost to hold?
Spear Alpha ETF manages about $233.1M. Its expense ratio is 0.75% a year, deducted inside the fund. It launched in 2021.
What are SPRX's largest holdings?
The top three are Astera Labs Inc (12.0%), ARM Holdings PLC (8.5%) and Cloudflare Inc (8.3%). SPRX's 10 largest positions make up 66.5% of the fund.
How are gains on SPRX taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of SPRX?
Yes. You can buy SPRX by amount rather than by whole unit, and there is no minimum trade size.
How has SPRX performed?
SPRX's price is up 26.9% over the past year and up 131.6% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.