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SPUS - ETF AI Analysis
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SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS)
Rating:75Outperform
Price Target:―
Positive Factors
Large, Established U.S. Companies
The fund is almost entirely invested in major U.S. companies, giving investors exposure to many well-known, financially solid businesses.
Strong Technology Focus
With over half of the portfolio in technology and several leading chip and software companies among the top holdings, the ETF is positioned to benefit when the tech sector performs well.
Healthy Fund Size
The ETF manages a sizable pool of assets, which can support trading liquidity and help keep the fund operating efficiently.
Negative Factors
High Concentration in a Few Stocks
A small number of large tech names make up a big share of the portfolio, so weakness in these companies can significantly drag on the fund.
Recent Performance Softness
The ETF’s returns have been slightly negative so far this year and over the past month, showing some recent performance weakness.
Above-Average Expense Ratio
The fund’s fee is higher than many broad U.S. stock index ETFs, which means more of the gross return is lost to costs over time.
SPUS vs. SPDR S&P 500 ETF (SPY)
AUM2.04B
RegionNorth America
Expense Ratio0.45%
Beta1.14
IssuerSP Funds
Inception DateDec 18, 2019
Dividend Yield0.6%
Asset ClassEquity
Index TrackedS&P 500 Shariah Industry Exclusions Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume584,218
30 Day Avg. Volume509,631
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
62.45Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering211
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPUS Summary
SPUS is an ETF that tracks the S&P 500 Shariah Industry Exclusions Index, giving you exposure to large U.S. companies while avoiding businesses involved in things like alcohol, gambling, and traditional banks. It is heavily invested in technology and holds well-known names such as Apple and Nvidia, along with other major U.S. corporations. Someone might consider SPUS to seek long-term growth from leading American companies while following Islamic or broader ethical investing principles. A key risk is that it is very concentrated in tech stocks, so its price can rise and fall sharply with the tech sector and overall market.
How much will it cost me?The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) has an expense ratio of 0.45%, meaning you’ll pay $4.50 per year for every $1,000 invested. This is slightly higher than average because it is actively managed to ensure compliance with Sharia principles, which requires additional screening and oversight. Despite the higher cost, it may appeal to investors seeking ethical and faith-based investment options.
What would affect this ETF?The SPUS ETF, with its focus on U.S. large-cap stocks and heavy exposure to technology, could benefit from continued innovation and growth in the tech sector, as well as strong performance from top holdings like Nvidia and Microsoft. However, it may face challenges if regulatory scrutiny increases on major tech companies or if economic conditions lead to reduced consumer spending, which could impact sectors like Consumer Cyclical. Additionally, its Sharia-compliant nature limits diversification, excluding industries like financial services, which could affect resilience during market downturns.
SPUS Top 10 Holdings
SPUS is heavily hitched to U.S. Big Tech and chip makers, and that tech tilt is a double-edged sword right now. Nvidia and Broadcom, once powerful engines, are losing a bit of thrust, while Microsoft and Apple are also lagging and no longer carrying the fund the way they used to. Alphabet is one of the few tech names still rising, and Micron has been a standout bright spot. Outside tech, steady gains from Eli Lilly, Exxon Mobil, and Johnson & Johnson help smooth the ride, but this is still very much a U.S. tech-driven story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 14.00% | $285.18M | $4.44T | 31.66% | 76 Outperform | |
| Apple | 11.92% | $242.79M | $3.76T | 4.57% | 79 Outperform | |
| Microsoft | 9.20% | $187.46M | $2.98T | -1.74% | 79 Outperform | |
| Alphabet Class A | 5.54% | $112.85M | $3.70T | 65.05% | 85 Outperform | |
| Broadcom | 4.82% | $98.16M | $1.54T | 39.53% | 76 Outperform | |
| Tesla | 3.61% | $73.56M | $1.57T | 17.31% | 73 Outperform | |
| Eli Lilly & Co | 2.54% | $51.81M | $981.09B | 23.18% | 72 Outperform | |
| Exxon Mobil | 1.95% | $39.68M | $626.04B | 37.15% | 74 Outperform | |
| Johnson & Johnson | 1.81% | $36.97M | $586.69B | 55.91% | 78 Outperform | |
| Micron | 1.43% | $29.17M | $463.33B | 313.64% | 79 Outperform |
SPUS Technical Analysis
Negative
―
Price Trends
51.30
Negative
50.74
Positive
47.58
Positive
Market Momentum
-0.02
Positive
45.50
Neutral
57.41
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPUS, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 51.35, equal to the 50-day MA of 51.30, and equal to the 200-day MA of 47.58, indicating a neutral trend. The MACD of -0.02 indicates Positive momentum. The RSI at 45.50 is Neutral, neither overbought nor oversold. The STOCH value of 57.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for SPUS.
SPUS Peer Comparison
Comparison Results
Performance Comparison
SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF
50.84
7.24
16.61%
MGC
Vanguard Mega Cap ETF
―
―
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PRF
Invesco FTSE RAFI US 1000 ETF
―
―
―
QQQI
NEOS Nasdaq 100 High Income ETF
―
―
―
FTCS
First Trust Capital Strength ETF
―
―
―
QYLD
Global X NASDAQ 100 Covered Call ETF
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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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