SP Funds S&P World ex-US ETF

SPWO

Market cap $195M

SP Funds S&P World ETF offers a Shariah-compliant, international ex-US equity exposure, tracking the S&P DM Ex-U.S. & EM 50/50 Shariah Index. Vanguard Total International Stock Index Fund ETF Shares serves as a core allocation, tracking the broad FTSE Global All Cap ex US Index, with over 5,300 stocks across 46 countries. SPWO excludes industries like alcohol, gambling, and financial services (except Islamic), appealing to investors seeking specialized ethical screens.

Taiwan Semiconductor Manufacturing (TSM) returned to sales and earnings growth after four consecutive quarters of declines on a year-over-year basis.

Taiwan-based chipmaker Taiwan Semiconductor Manufacturing (TSM) posted its fastest quarterly revenue growth in more than a year.

SP Funds has added a new fund to its lineup of Sharia-compliant ETFs. The SP Funds S&P World ex-US ETF (NYSE Arca: SPWO) seeks to track the performance, before fees and expenses, of the S&P DM Ex-U.S. & EM 50/50 Shariah Index.