Sp Funds Sp Etf Profile
| SPUS Etf | USD 42.94 0.32 0.75% |
Performance11 of 100
| Odds Of DistressLess than 9
|
SP Funds is selling for under 42.94 as of the 30th of November 2024; that is 0.75 percent increase since the beginning of the trading day. The etf's lowest day price was 42.58. SP Funds has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for SP Funds SP are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The index is composed of the constituents of the SP 500 Shariah Index other than those from the following sub-industries Aerospace Defense, Financial Exchanges Data, and Data Processing Outsourced Services. SP Funds is traded on NYSEARCA Exchange in the United States. More on SP Funds SP
Moving together with SPUS Etf
SPUS Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Large Growth, SP Funds (View all Sectors) |
| Issuer | SP Funds |
| Inception Date | 2019-12-18 |
| Benchmark | S&P 500 Shariah Industry Exclusions Index |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Tidal ETF Services LLC |
| Advisor | Toroso Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Charles A. Ragauss, Naushad Virji |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 30-Nov |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 226 |
| Market Maker | GTS |
| Total Expense | 0.45 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 25.53 |
| Name | SP Funds SP 500 Sharia Industry Exclusions ETF |
| Currency Code | USD |
| Open Figi | BBG00R3N9DT7 |
| In Threey Volatility | 18.57 |
| 1y Volatility | 12.89 |
| 200 Day M A | 39.5777 |
| 50 Day M A | 42.0388 |
| Code | SPUS |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.4 |
| Type | ETF |
SP Funds SP [SPUS] is traded in USA and was established 2019-12-17. The fund is listed under Large Growth category and is part of SP Funds family. The entity is thematically classified as Strategy ETFs. SP Funds SP at this time have 141.95 M in assets. , while the total return for the last 3 years was 10.7%.
Check SP Funds Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPUS Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPUS Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SP Funds SP Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top SP Funds SP Etf Constituents
| AAPL | Apple Inc | Stock | Information Technology | |
| ADBE | Adobe Systems Incorporated | Stock | Information Technology | |
| GOOG | Alphabet Inc Class C | Stock | Communication Services | |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
| HD | Home Depot | Stock | Consumer Discretionary | |
| INTC | Intel | Stock | Information Technology | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| META | Meta Platforms | Stock | Communication Services |
SP Funds SP Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SP Funds. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0816 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.03) |
SP Funds Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Funds SP. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of SP Funds SP is measured differently than its book value, which is the value of SPUS that is recorded on the company's balance sheet. Investors also form their own opinion of SP Funds' value that differs from its market value or its book value, called intrinsic value, which is SP Funds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP Funds' market value can be influenced by many factors that don't directly affect SP Funds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Funds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.