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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
Strong Top Holdings
Several major positions, like Nvidia, Microsoft, and Alphabet, have delivered strong year-to-date performance, driving the fund’s returns.
Technology Sector Leadership
The ETF's heavy allocation to the technology sector, which has performed well recently, supports its overall growth.
Healthy Year-to-Date Performance
The fund has shown solid year-to-date gains, indicating strong momentum in its holdings.
Negative Factors
High Sector Concentration
Over 58% of the portfolio is allocated to technology, making the fund vulnerable to downturns in this sector.
Limited Geographic Diversification
With nearly all exposure in U.S. companies, the ETF lacks protection against international market opportunities or risks.
Moderate Expense Ratio
The fund’s expense ratio is higher than some low-cost ETFs, which could slightly reduce long-term returns for investors.
SPUS vs. SPDR S&P 500 ETF (SPY)
AUM1.85B
RegionNorth America
Expense Ratio0.45%
Beta1.15
IssuerSP Funds
Inception DateDec 18, 2019
Dividend Yield0.59%
Asset ClassEquity
Index TrackedS&P 500 Shariah Industry Exclusions Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume334,336
30 Day Avg. Volume535,053
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
59.91Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering212
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPUS Summary
The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is an investment fund that follows the S&P 500 Shariah Industry Exclusions Index, focusing on large U.S. companies while adhering to Islamic ethical principles. It avoids industries like alcohol, gambling, and interest-based financial services. Some of its top holdings include well-known companies like Nvidia and Microsoft, making it an appealing choice for investors seeking growth from established tech leaders. This ETF is ideal for those interested in socially responsible investing or aligning their portfolio with ethical values. However, since it is heavily weighted in technology stocks, its performance can be significantly impacted by fluctuations in the tech sector.
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
The SPUS ETF leans heavily on the technology sector, with giants like Nvidia and Apple driving much of its performance. Nvidia’s focus on AI and data centers has provided long-term growth potential, though recent momentum has been mixed. Apple, on the other hand, has been steadily climbing thanks to strong revenue growth and a strategic push into services. Microsoft has struggled recently, with lagging performance dampening the fund’s tech-heavy tilt. Outside of tech, Eli Lilly’s rising trajectory in healthcare adds some balance, while Tesla’s recent dip in consumer cyclical dampens the fund’s broader appeal. Overall, the ETF’s U.S.-centric portfolio is concentrated in tech, making it a bet on innovation but vulnerable to sector-specific swings.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 13.68% | $252.25M | $4.43T | 28.06% | 76 Outperform | |
| Apple | 12.73% | $234.84M | $4.12T | 14.80% | 79 Outperform | |
| Microsoft | 10.93% | $201.49M | $3.59T | 8.92% | 80 Outperform | |
| Alphabet Class A | 5.63% | $103.79M | $3.88T | 83.89% | 81 Outperform | |
| Broadcom | 5.46% | $100.64M | $1.84T | 117.37% | 76 Outperform | |
| Tesla | 3.88% | $71.53M | $1.51T | 16.90% | 73 Outperform | |
| Eli Lilly & Co | 2.47% | $45.47M | $955.13B | 22.21% | 73 Outperform | |
| Exxon Mobil | 1.54% | $28.34M | $491.47B | 2.62% | 77 Outperform | |
| Johnson & Johnson | 1.48% | $27.36M | $486.51B | 35.24% | 80 Outperform | |
| AbbVie | 1.23% | $22.69M | $399.57B | 28.32% | 65 Neutral |
SPUS Technical Analysis
Positive
―
Price Trends
50.38
Positive
48.65
Positive
44.69
Positive
Market Momentum
0.30
Negative
59.65
Neutral
93.71
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPUS, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 50.69, equal to the 50-day MA of 50.38, and equal to the 200-day MA of 44.69, indicating a bullish trend. The MACD of 0.30 indicates Negative momentum. The RSI at 59.65 is Neutral, neither overbought nor oversold. The STOCH value of 93.71 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPUS.
SPUS Peer Comparison
Comparison Results
Performance Comparison
SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF
51.53
7.96
18.27%
MGC
Vanguard Mega Cap ETF
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PRF
Invesco FTSE RAFI US 1000 ETF
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FTCS
First Trust Capital Strength ETF
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―
QYLD
Global X NASDAQ 100 Covered Call ETF
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―
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JQUA
JPMorgan U.S. Quality Factor 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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