Key stats
About SP Funds S&P 500 Sharia Industry Exclusions ETF
Expense ratio
0.45%
Home page
Inception date
Dec 18, 2019
SPUS is a passively-managed portfolio of stocks derived from S&P 500 index that are compliant with Sharia law. Eligible constituents are screened for non-compliant business activities (such as gambling, alcohol or tobacco), and must satisfy certain accounting-based financial ratios. As Sharia observes interest restrictions and prohibited industries, SPUS uses an exclusionary screening to form the final composition by excluding those within the following GICS sub-industries: (i) Aerospace and Defense (ii) Financial Exchanges and Data (iiI) Data Processing and Outsourced Services and (iv) Research and Consulting Services. The index is rebalanced and reconstituted monthly and weighted based on market cap of each constituents.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Health Technology
Retail Trade
Stocks99.81%
Electronic Technology31.05%
Technology Services26.50%
Health Technology10.29%
Retail Trade10.11%
Consumer Durables3.82%
Consumer Non-Durables3.81%
Producer Manufacturing3.46%
Energy Minerals2.46%
Process Industries1.92%
Transportation1.73%
Finance0.93%
Industrial Services0.90%
Distribution Services0.85%
Consumer Services0.80%
Non-Energy Minerals0.71%
Utilities0.22%
Commercial Services0.13%
Health Services0.11%
Bonds, Cash & Other0.19%
Cash0.19%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history