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SPRE - ETF AI Analysis
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SP Funds S&P Global REIT Sharia ETF (SPRE)
Rating:68Neutral
Price Target:―
Positive Factors
Solid Recent Performance
The ETF has shown steady gains over the year and in recent months, indicating supportive market conditions for its holdings.
Strong Core REIT Holdings
Several of the largest positions, including major U.S. real estate companies, have delivered positive year-to-date results that help drive the fund’s returns.
Meaningful Fund Size
With nearly two hundred million dollars in assets, the ETF is large enough to offer reasonable trading liquidity for most everyday investors.
Negative Factors
High Sector Concentration
Almost the entire portfolio is in real estate, so the fund is heavily exposed to downturns in the property market.
Top Holdings Are Very Dominant
A small number of stocks make up a large share of the fund, which increases the impact if any of these companies run into trouble.
Moderately High Expense Ratio
The fund’s ongoing fee is on the higher side for an ETF, which can gradually reduce net returns over time.
SPRE vs. SPDR S&P 500 ETF (SPY)
AUM203.33M
RegionGlobal
Expense Ratio0.50%
Beta0.57
IssuerSP Funds
Inception DateDec 30, 2020
Dividend Yield3.84%
Asset ClassEquity
Index TrackedS&P Global All Equity REIT Shariah Capped Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume62,876
30 Day Avg. Volume65,136
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
22.92Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering17
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPRE Summary
SP Funds S&P Global REIT Sharia ETF (SPRE) is a real estate fund that follows the S&P Global All Equity REIT Shariah Capped Index. It invests mainly in real estate investment trusts (REITs) around the world, with most holdings in the U.S. and some in Australia. Well-known companies in the fund include Prologis and Equinix. Investors might consider SPRE for diversified exposure to global real estate with an added focus on Sharia-compliant, ethical investing. A key risk is that real estate values and REIT prices can go up and down with interest rates and the broader market.
How much will it cost me?The SP Funds S&P Global REIT Sharia ETF (SPRE) has an expense ratio of 0.5%, which means you’ll pay $5 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed and focuses on a niche area, adhering to Sharia principles while targeting global REITs.
What would affect this ETF?The SPRE ETF, focused on global real estate and Sharia-compliant REITs, could benefit from rising demand for real estate investments driven by urbanization and population growth, as well as increased interest in ethical investing. However, it may face challenges from higher interest rates, which can increase borrowing costs for REITs, and economic slowdowns that could negatively impact property values and rental income. Its global exposure also means it could be affected by regional economic or regulatory changes.
SPRE Top 10 Holdings
SPRE is very much a real estate story, with nearly all its weight in global REITs and a notable tilt toward logistics, data centers, and specialized housing. Prologis, Goodman Group, and EastGroup are helping drive returns as industrial and logistics properties stay in demand, while Welltower adds steady support through its senior housing focus. Equinix has been more of a mixed bag, with strong fundamentals but choppy trading. On the weaker side, AvalonBay and Camden Property are losing a bit of steam, showing that traditional apartments are not the main engine here. Geographic exposure is broadly global, but the leadership baton is clearly in the hands of a few large, growth-oriented REITs.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Equinix | 13.60% | $27.65M | $90.81B | 0.92% | 73 Outperform | |
| Welltower | 12.89% | $26.21M | $145.54B | 40.12% | 77 Outperform | |
| Prologis | 12.61% | $25.63M | $132.83B | 16.98% | 76 Outperform | |
| Goodman Group | 11.89% | $24.17M | AU$63.49B | 1.60% | 54 Neutral | |
| Equity Lifestyle | 5.05% | $10.26M | $13.44B | 2.27% | 70 Outperform | |
| Eastgroup Properties | 4.75% | $9.65M | $10.20B | 7.50% | 78 Outperform | |
| Sun Communities | 4.73% | $9.62M | $16.08B | 3.79% | 66 Neutral | |
| Camden Property | 4.67% | $9.49M | $14.99B | -10.58% | 73 Outperform | |
| Mid-America Apartment | 4.60% | $9.35M | $16.19B | -16.93% | 71 Outperform | |
| AvalonBay | 4.57% | $9.29M | $25.21B | -18.96% | 74 Outperform |
SPRE Technical Analysis
Positive
―
Price Trends
19.87
Positive
19.53
Positive
19.20
Positive
Market Momentum
0.36
Negative
64.28
Neutral
62.77
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPRE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 20.39, equal to the 50-day MA of 19.87, and equal to the 200-day MA of 19.20, indicating a bullish trend. The MACD of 0.36 indicates Negative momentum. The RSI at 64.28 is Neutral, neither overbought nor oversold. The STOCH value of 62.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPRE.
SPRE Peer Comparison
Comparison Results
Performance Comparison
SPRE
SP Funds S&P Global REIT Sharia ETF
20.97
1.36
6.94%
AVRE
Avantis Real Estate ETF
―
―
―
VGSR
Vert Global Sustainable Real Estate ETF
―
―
―
GQRE
FlexShares Global Quality Real Estate Index Fund
―
―
―
CSRE
Cohen & Steers Real Estate Active ETF
―
―
―
SRET
Global X SuperDividend REIT ETF
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―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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