SPRX vs IDE

Comparison between SPEAR ALPHA ETF (SPRX, ETF) and Voya Infrastructure Industrials and Materials Fund (IDE, ETF).

5-Year PerformanceSPRX has outperformed IDE, delivering a return of +16.0% compared to +10.5%

SPRX vs IDE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPRX(ETF)	IDE(ETF)
Net Assets	$207M	$206M
Expense Ratio	0.75%	N/A
Max Drawdown	51.34%	70.45%
Sharpe Ratio	0.69	0.87
5Y Beta	2.22	0.64
P/E Ratio	-321.53	N/A
Forward P/E	38.87	N/A
PEG Ratio	-0.11	N/A
5Y Dividends CAGR	N/A	5.55%
Debt to Equity	39.46%	N/A
P/S Ratio	13.99	N/A
P/B Ratio	11.44	N/A

Net Assets

Winner

SPRX

$207M

IDE

$206M

Expense Ratio

SPRX

0.75%

IDE

N/A

Max Drawdown

Winner

SPRX

51.34%

IDE

70.45%

Sharpe Ratio

SPRX

0.69

Winner

IDE

0.87

5Y Beta

SPRX

2.22

Winner

IDE

0.64

P/E Ratio

SPRX

-321.53

IDE

N/A

Forward P/E

SPRX

38.87

IDE

N/A

PEG Ratio

SPRX

-0.11

IDE

N/A

5Y Dividends CAGR

SPRX

N/A

IDE

5.55%

Debt to Equity

SPRX

39.46%

IDE

N/A

P/S Ratio

SPRX

13.99

IDE

N/A

P/B Ratio

SPRX

11.44

IDE

N/A

SPRX vs IDE - Historical Returns

Returns include dividend reinvestment.

Period	SPRX	IDE
1 month	+10.07%	+1.23%
3 months	-20.87%	-3.19%
6 months	+13.82%	-3.23%
1 year	+26.02%	+16.80%
5 years(CAGR)	+15.96%	+10.52%
10 years(CAGR)	N/A	+10.50%
Max(CAGR)	+17.06%	+7.64%

Winner

SPRX

+10.07%

IDE

+1.23%

SPRX

-20.87%

Winner

IDE

-3.19%

Winner

SPRX

+13.82%

IDE

-3.23%

Winner

SPRX

+26.02%

IDE

+16.80%

5Y(CAGR)

Winner

SPRX

+15.96%

IDE

+10.52%

10Y(CAGR)

SPRX

N/A

IDE

+10.50%

Max(CAGR)

Winner

SPRX

+17.06%

IDE

+7.64%

SPRX vs IDE - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	SPRX	IDE
2026	+9.92%	+13.01%
2025	+36.86%	+34.19%
2024	+26.07%	+9.99%
2023	+90.61%	+20.98%
2022	-44.77%	-17.05%
2021	+8.91%	+25.84%
2020	N/A	-1.45%
2019	N/A	+12.25%
2018	N/A	-25.17%
2017	N/A	+39.27%
2016	N/A	+19.50%
2015	N/A	-11.77%
2014	N/A	+1.60%
2013	N/A	+12.26%
2012	N/A	+14.41%
2011	N/A	-13.97%
2010	N/A	+8.38%

SPRX vs IDE Drawdown Comparison

The maximum drawdown for SPRX was -51.22%, occurring on Nov 9, 2022. Recovery took 557 trading sessions.

The maximum drawdown for IDE was -52.38%, occurring on Mar 23, 2020. Recovery took 815 trading sessions.

The current SPRX drawdown is -24.54%. The current IDE drawdown is -4.16%.

Rank	SPRX	IDE
#1	-51.22% Nov 8, 2021 - Jan 29, 2024	-52.38% Jan 4, 2018 - Apr 1, 2021
#2	-42.12% Jan 23, 2025 - Jul 9, 2025	-34.47% Jul 24, 2014 - Mar 29, 2017
#3	-35.87% Jun 2, 2026 - Jul 29, 2026	-30.87% Jul 7, 2011 - Oct 28, 2013
#4	-24.21% Oct 31, 2025 - Apr 17, 2026	-30.62% Jun 2, 2021 - May 24, 2024
#5	-23.70% Feb 14, 2024 - Nov 21, 2024	-22.00% Apr 1, 2010 - Nov 3, 2010
#6	-11.96% Jan 6, 2025 - Jan 22, 2025	-18.30% Nov 11, 2024 - May 14, 2025
#7	-10.10% Oct 9, 2025 - Oct 31, 2025	-14.34% Mar 2, 2026 - May 29, 2026
#8	-8.56% Sep 3, 2021 - Oct 28, 2021	-9.12% Apr 1, 2011 - Jul 7, 2011
#9	-7.98% Aug 12, 2025 - Sep 9, 2025	-7.63% Oct 30, 2025 - Dec 22, 2025
#10	-7.12% May 14, 2026 - May 21, 2026	-7.41% Jun 15, 2026 - Jul 29, 2026
#11	-6.81% Apr 22, 2026 - May 6, 2026	-6.72% Dec 31, 2013 - Feb 21, 2014
#12	-6.57% Dec 16, 2024 - Dec 26, 2024	-6.60% Jul 16, 2024 - Aug 20, 2024
#13	-5.55% Dec 4, 2024 - Dec 16, 2024	-6.55% Aug 7, 2017 - Sep 18, 2017
#14	-5.54% Dec 26, 2024 - Jan 3, 2025	-5.94% Nov 4, 2010 - Dec 2, 2010
#15	-4.63% Aug 12, 2021 - Aug 24, 2021	-5.63% Oct 2, 2017 - Dec 18, 2017

Correlation

Correlation between SPRX and IDE is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2010 - 2026)

SPRX vs IDE dividend yield comparison.

Year	SPRX	IDE
2026	0.00%	5.30%
2025	0.00%	9.76%
2024	0.00%	11.12%
2023	0.00%	9.00%
2022	0.00%	9.99%
2021	0.25%	7.58%
2020	0.00%	8.89%
2019	0.00%	9.02%
2018	0.00%	16.46%
2017	0.00%	6.88%
2016	0.00%	10.67%
2015	0.00%	12.56%
2014	0.00%	10.34%
2013	0.00%	9.46%
2012	0.00%	10.43%
2011	0.00%	11.70%
2010	0.00%	9.14%