Key stats
About SP Funds S&P World (ex-US) ETF
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Inception date
Dec 20, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ShariaPortfolio, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US84612A2006
SPWO targets global ex-US stocks that adhere to Sharia investment guidelines. The fund follows a 50/50 blended index derived from two parent indexes: S&P Developed Ex-US LargeMidCap Shariah Index and S&P Emerging LargeMidCap Shariah Index. To be eligible for inclusion, securities are initially screened for non-compliant business activities such as gambling, alcohol, tobacco, pornography, pork-related activities, and recreational cannabis. In addition, companies must satisfy certain accounting-based financial ratios. The resulting portfolio consists of the largest 250 stocks by market capitalization, from each of the parent indices. Selected securities are weighted by market-cap, and are aggregated and proportionally rescaled such that each of the parent index comprises 50% of the total index weight. The index reconstitutes annually.
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
Health Technology
Retail Trade
Stocks99.65%
Electronic Technology30.88%
Health Technology12.93%
Retail Trade10.12%
Producer Manufacturing8.70%
Consumer Non-Durables6.19%
Technology Services6.08%
Non-Energy Minerals5.54%
Consumer Durables3.04%
Transportation2.89%
Energy Minerals2.42%
Process Industries2.42%
Finance2.21%
Consumer Services1.67%
Commercial Services1.25%
Communications1.20%
Industrial Services0.90%
Utilities0.60%
Distribution Services0.33%
Health Services0.28%
Bonds, Cash & Other0.35%
Cash0.35%
Stock breakdown by region
Asia53.47%
Europe31.61%
North America6.21%
Middle East3.97%
Oceania3.19%
Africa1.20%
Latin America0.35%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPWO invests in stocks. The fund's major sectors are Electronic Technology, with 30.88% stocks, and Health Technology, with 12.93% of the basket. The assets are mostly located in the Asia region.
SPWO top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR and Alibaba Group Holding Limited Sponsored ADR, occupying 14.86% and 5.82% of the portfolio correspondingly.
SPWO last dividends amounted to 0.03 USD. The month before, the issuer paid 0.03 USD in dividends,
SPWO assets under management is 75.43 M USD. It's risen 2.08% over the last month.
SPWO fund flows account for 38.59 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SPWO pays dividends to its holders with the dividend yield of 1.15%. The last dividend (Sep 26, 2025) amounted to 0.03 USD. The dividends are paid monthly.
SPWO shares are issued by ShariaPortfolio, Inc. under the brand SP Funds. The ETF was launched on Dec 20, 2023, and its management style is Passive.
SPWO expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
SPWO follows the S&P DM Ex-U.S. & EM 50/50 Shariah Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPWO invests in stocks.
SPWO price has risen by 5.78% over the last month, and its yearly performance shows a 11.17% increase. See more dynamics on SPWO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.96% over the last month, showed a 9.54% increase in three-month performance and has increased by 15.57% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.96% over the last month, showed a 9.54% increase in three-month performance and has increased by 15.57% in a year.
SPWO trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.