SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF
The SP Funds S&P 500 Sharia Industry Exclusions ETF seeks to track the performance, before fees and expenses, of the S&P 500 Sharia Industry Exclusions Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 3.2 B
ASSETS UNDER MGMT
45 bp
EXPENSES
Fund Basics
| Inception date | Dec 18, 2019 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| APPLE INC | 12.8 % |
| NVIDIA CORP | 12.6 % |
| MICROSOFT CORP | 9.9 % |
| ALPHABET INC. CLASS A | 4.2 % |
| BROADCOM INC. | 4.0 % |
| ELI LILLY & CO | 2.9 % |
| TESLA MOTORS INC | 2.9 % |
| MICRON TECHNOLOGY INC | 2.5 % |
| ADVANCED MICRO DEVICES | 2.1 % |
| EXXON MOBIL HOLDING CORP | 2.0 % |
Constituent Breakdown
| Number of holdings | 215 |
| Herfindahl-Hirschman Index | 540 |
| Wgt avg mkt cap (mns) | $2,140,510 |
| Large cap (>$10bn) | 97.4% |
| Mid cap ($2-10bn) | 0.1% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.6% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 94.6 % |
 |
IRELAND | 1.9 % |
 |
BRITAIN | 0.6 % |
Historical Performance
Standardized Performance (as of 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 16.6% | 20.5% | 19.4% | 24.4% | 15.3% | -- | -- | 17.4% |
| Dividend Yield | 0.5% | 0.6% | 0.7% | 0.8% | 1.0% | -- | -- | 1.1% |
| Total Returns | 17.0% | 21.1% | 20.2% | 25.3% | 16.3% | -- | -- | 18.5% | Ann. Volatility | 16.5% | 16.1% | 19.1% | 17.9% | 19.5% | -- | -- | 21.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.18 | 91% |
| MSCI EAFE | 0.76 | 56% |
| MSCI Emg Mkts | 0.52 | 66% |
Liquidity Measures
| Avg. volume (000) | 404 |
| ADV traded (mns) | $22 |
| Turnover | 0.7% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| 30d moving avg. (EMA) | $59.25 |
| Relative strength (RSI) | 46 |
| MACD/Signal | -0.28/-0.06 |
| Bollinger Bands (Upper/Lower) | $61.33/$57.67 |
| Short interest (% of AUM) | 0.2% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SPUS |
Expenses vs. SPUS |
ALTAR Score™ vs. SPUS |
|---|---|---|---|---|
| HLAL | Wahed FTSE USA Shariah ETF | 81.8% | +5 bp | -0.4% |
| SPXN | ProShares S&P 500 Ex-Financials ETF | 67.3% | -32 bp | +0.3% |
| XLG | Invesco S&P 500 Top 50 ETF | 66.4% | -25 bp | -0.3% |
| PRXG | Praxis Impact Large Cap Growth ETF | 64.8% | -9 bp | -0.7% |
| VUG | Vanguard Growth ETF | 64.7% | -42 bp | -0.2% |
| MNZL | Manzil Russell Halal USA Broad MarketETF | 64.0% | -5 bp | -0.5% |
| USNZ | Xtrackers Net Zero Pathway Paris Aligned US Equity ETF | 63.8% | -35 bp | +0.1% |
| SPYG | State Street SPDR Portfolio S&P 500 Growth ETF | 62.8% | -41 bp | 0.0% |
| VOOG | Vanguard S&P 500 Growth ETF | 62.7% | -38 bp | 0.0% |
| IVW | iShares S&P 500 Growth ETF | 62.3% | -27 bp | -0.2% |
Risk and Returns: SPUS vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/5/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.4%
ALTAR SCORE™
45th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,388 funds in the US Equity category with an average
ALTAR Score™ of 5.7% and a standard deviation
of 2.1%. SPUS's ALTAR Score™ is approximately -0.1 standard
deviations above the category average. This places SPUS in the 45th percentile
among funds in the category.
Sell-Side Consensus
$72.71
PRICE TARGET
+31.2%
UPSIDE