Key stats
About SP Funds S&P 500 Sharia Industry Exclusions ETF
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Inception date
Dec 18, 2019
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
SPUS is a passively-managed portfolio of stocks derived from S&P 500 index that are compliant with Sharia law. Eligible constituents are screened for non-compliant business activities (such as gambling, alcohol or tobacco), and must satisfy certain accounting-based financial ratios. As Sharia observes interest restrictions and prohibited industries, SPUS uses an exclusionary screening to form the final composition by excluding those within the following GICS sub-industries: (i) Aerospace and Defense (ii) Financial Exchanges and Data (iiI) Data Processing and Outsourced Services and (iv) Research and Consulting Services. The index is rebalanced and reconstituted monthly and weighted based on market cap of each constituents.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Health Technology
Stocks99.76%
Electronic Technology29.10%
Technology Services28.28%
Health Technology10.42%
Retail Trade9.69%
Producer Manufacturing3.66%
Consumer Non-Durables3.62%
Consumer Durables3.32%
Energy Minerals2.26%
Transportation2.08%
Process Industries2.02%
Finance1.21%
Distribution Services1.00%
Industrial Services0.93%
Consumer Services0.82%
Non-Energy Minerals0.74%
Utilities0.30%
Commercial Services0.18%
Miscellaneous0.08%
Health Services0.07%
Bonds, Cash & Other0.24%
Cash0.24%
Stock breakdown by region
North America97.19%
Europe2.81%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPUS invests in stocks. The fund's major sectors are Electronic Technology, with 29.10% stocks, and Technology Services, with 28.28% of the basket. The assets are mostly located in the North America region.
SPUS top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 11.00% and 10.58% of the portfolio correspondingly.
SPUS last dividends amounted to 0.03 USD. The month before, the issuer paid 0.03 USD in dividends,
SPUS assets under management is 1.22 B USD. It's risen 17.29% over the last month.
SPUS fund flows account for 601.54 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SPUS pays dividends to its holders with the dividend yield of 0.73%. The last dividend (Apr 25, 2025) amounted to 0.03 USD. The dividends are paid monthly.
SPUS shares are issued by Toroso Investments Topco LLC under the brand SP Funds. The ETF was launched on Dec 18, 2019, and its management style is Passive.
SPUS expense ratio is 0.45% meaning you'd have to pay 0.45% of your investment to help manage the fund.
SPUS follows the S&P 500 Shariah Industry Exclusions Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPUS invests in stocks.
SPUS price has risen by 9.52% over the last month, and its yearly performance shows a 5.58% increase. See more dynamics on SPUS price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 15.52% over the last month, showed a −4.44% decrease in three-month performance and has increased by 10.39% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 15.52% over the last month, showed a −4.44% decrease in three-month performance and has increased by 10.39% in a year.
SPUS trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.