SPUS - ETF AI Analysis

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SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS)

Rating:75Outperform

Price Target:―

SPUS, the SP Funds S&P 500 Sharia Industry Exclusions ETF, has a solid overall rating driven mainly by large positions in high-quality tech leaders like Apple, Microsoft, and Alphabet, which benefit from strong financial performance, growth in cloud and AI, and generally supportive technical trends. Nvidia, Broadcom, and Micron further boost the fund through their AI and semiconductor exposure, though their premium valuations and some mixed technical signals add risk. The main risk factor is the fund’s heavy concentration in a handful of big technology names, while holdings like Tesla and Eli Lilly contribute growth but bring added concerns around high valuations, leverage, and cash flow that slightly hold back the rating.

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)

AUM2.09B

RegionNorth America

Expense Ratio0.45%

Beta1.14

IssuerSP Funds

Inception DateDec 18, 2019

Dividend Yield0.61%

Asset ClassEquity

Index TrackedS&P 500 Shariah Industry Exclusions Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume819,729

30 Day Avg. Volume539,179

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

63.05

Price 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 riding a tech-heavy wave, with Nvidia and Apple doing much of the heavy lifting as they continue to climb on AI and ecosystem strength. Microsoft, by contrast, has been losing altitude lately, turning from a former engine into more of a drag. Alphabet and Broadcom are treading water with mixed signals, while Tesla’s choppy performance adds extra volatility rather than steady support. Outside of this Big Tech and semiconductor core, a handful of U.S. names like Exxon Mobil and Johnson & Johnson are quietly helping, but the fund’s story is firmly about concentrated, Sharia-compliant U.S. tech leadership.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
NVDA	Nvidia	13.84%	$287.74M	$4.32T	57.80%	76 Outperform
AAPL	Apple	11.95%	$248.40M	$3.78T	7.69%	79 Outperform
MSFT	Microsoft	9.48%	$197.08M	$3.04T	3.98%	79 Outperform
GOOGL	Alphabet Class A	5.44%	$113.04M	$3.61T	71.70%	85 Outperform
AVGO	Broadcom	4.88%	$101.47M	$1.57T	69.51%	76 Outperform
TSLA	Tesla	3.54%	$73.58M	$1.49T	51.04%	73 Outperform
LLY	Eli Lilly & Co	2.43%	$50.47M	$934.24B	13.89%	72 Outperform
XOM	Exxon Mobil	1.97%	$41.05M	$630.06B	38.70%	74 Outperform
JNJ	Johnson & Johnson	1.79%	$37.26M	$579.34B	44.22%	78 Outperform
MU	Micron	1.38%	$28.78M	$416.78B	298.34%	79 Outperform

SPUS Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

51.27

Negative

100DMA

50.95

Negative

200DMA

48.31

Positive

Market Momentum

MACD

-0.23

Positive

RSI

37.28

Neutral

STOCH

27.47

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 51.13, equal to the 50-day MA of 51.27, and equal to the 200-day MA of 48.31, indicating a neutral trend. The MACD of -0.23 indicates Positive momentum. The RSI at 37.28 is Neutral, neither overbought nor oversold. The STOCH value of 27.47 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
SPUS	―	―	$2.09B	0.45%	75 Outperform
MGC	―	―	$9.40B	0.05%	74 Outperform
QQQI	―	―	$9.08B	0.68%	75 Outperform
PRF	―	―	$8.93B	0.34%	72 Outperform
QYLD	―	―	$8.36B	0.60%	75 Outperform
FTCS	―	―	$8.27B	0.52%	74 Outperform

Performance Comparison

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

49.73

10.50

26.77%

MGC

Vanguard Mega Cap ETF

―

QQQI

NEOS Nasdaq 100 High Income ETF

―

PRF

Invesco FTSE RAFI US 1000 ETF

―

QYLD

Global X NASDAQ 100 Covered Call ETF

―

FTCS

First Trust Capital Strength ETF

―

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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