SP Funds S&P 500 Sharia ETFSPUS
SPUS
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
38% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 16
17% more funds holding
Funds holding: 54 [Q3] → 63 (+9) [Q4]
9% more capital invested
Capital invested by funds: $133M [Q3] → $145M (+$11.9M) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
2.74% less ownership
Funds ownership: 17.44% [Q3] → 14.69% (-2.74%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for SPUS.
Financial journalist opinion
Positive
Seeking Alpha
11 months ago
SPUS: Shariah Exclusions ETF With Nearly 50% Allocated To The Magnificent 7
SPUS tracks the S&P 500 Shariah Industry Exclusions Index, selecting large-cap companies meeting specific screens related to how they derive net income. Fees are 0.45% and AUM is $575 million. SPUS also screens constituents for debt, and the fund ranks an impressive #18/57 on profitability among the large-cap growth ETFs I track. High quality is SPUS' best fundamental feature. The downside is SPUS is highly concentrated, with 47% allocated to Magnificent Seven stocks and two-thirds of assets in only 25 companies.
Positive
Seeking Alpha
1 year ago
January FOMC Meeting Review: The 'Fed-Amental' Attribution Error
The Federal Reserve kept rates steady and maintained a hawkish stance toward inflation while acknowledging an outstanding economy and progress in vanquishing inflationary pressure. Expectations for rate cuts in March were dampened by a change in statement language and Powell's comments in the press conference.
Positive
Seeking Alpha
1 year ago
SPUS: Shariah ESG ETF Powered By 46% Tech Beat The Market
SPUS tracks the S&P 500 Shariah Industry Exclusions Index. Fees are high at 0.45%, but it's been the top-performing ESG since its December 2019 launch. The primary reason is a screening and weighting process that favors high-valued Technology stocks. Debt is measured as a percentage of market capitalization, and securities are market-cap-weighted. This process allows semiconductor stocks like Nvidia and Broadcom, where competitors like HLAL, which measure debt as a percentage of total assets, exclude them.
Charts implemented using Lightweight Charts™