- Issuer
- SP Funds
- Inception Date
- Nov 30, 2023
- Category
- Technology Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P Global 1200 Shariah Information Technology Capped Index
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $159M
Highlights
- Avg. Volume (1M)
- 39K
- Avg. Volume Value (1M)
- $1.79M
Share Price Chart
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Performance
SPTE Performance Chart
SP Funds S&P Global Technology ETF (SPTE) is up 28.1% since the beginning of the year. SPTE is currently trading at $45 per share.
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Returns By Period
SP Funds S&P Global Technology ETF (SPTE) has returned 28.13% so far this year and 46.93% over the past 12 months.
SP Funds S&P Global Technology ETF
- 1D
- 0.31%
- 1M
- -2.92%
- 6M
- 22.76%
- YTD
- 28.13%
- 1Y
- 46.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 36.20%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
SPTE Monthly Returns History
Based on dividend-adjusted daily data since Dec 1, 2023, SPTE's average daily return is +0.14%, while the average monthly return is +2.80%. At this rate, an investment would double in approximately 2.1 years.
Historically, 75% of months were positive and 25% were negative. The best month was Apr 2026 with a return of +21.0%, while the worst month was Mar 2025 at -7.8%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.
On a daily basis, SPTE closed higher 58% of trading days. The best single day was Apr 9, 2025 with a return of +13.4%, while the worst single day was Jun 5, 2026 at -7.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.37% | 1.40% | -6.88% | 20.96% | 15.92% | 0.43% | -7.67% | 28.13% | |||||
| 2025 | 1.33% | -3.77% | -7.77% | 2.56% | 9.49% | 9.58% | 1.28% | 0.56% | 8.66% | 6.54% | -4.22% | 1.13% | 26.37% |
| 2024 | 4.76% | 8.38% | 2.01% | -5.38% | 7.98% | 8.44% | -2.18% | 1.75% | 0.36% | -1.03% | 3.33% | 1.67% | 33.28% |
| 2023 | 5.52% | 5.52% |
Benchmark Metrics
SP Funds S&P Global Technology ETF has an annualized alpha of 4.79%, beta of 1.51, and R2 of 0.74 versus S&P 500 Index. Calculated based on daily prices since December 01, 2023.
- This ETF captured 167.38% of S&P 500 Index gains and 112.06% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This ETF generated an annualized alpha of 4.79% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 1.51 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.
- Alpha
- 4.79%
- Beta
- 1.51
- R²
- 0.74
- Upside Capture
- 167.38%
- Downside Capture
- 112.06%
Expense Ratio
SPTE has an expense ratio of 0.55%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SPTE ranks 71 for risk / return — above 71% of ETFs peers on PortfoliosLab. Its historical combined result is above most peers.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SPTE | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.25 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.82 | 2.00 | +0.82 |
| Martin ratioReturn relative to average drawdown | 9.00 | 8.49 | +0.51 |
Dividends
Dividend History
SP Funds S&P Global Technology ETF provided a 0.75% dividend yield over the last twelve months, with an annual payout of $0.34 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.34 | $0.34 | $0.13 |
Dividend yield | 0.75% | 0.96% | 0.48% |
Monthly Dividends
The table displays the monthly dividend distributions for SP Funds S&P Global Technology ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.05 | |||||
| 2025 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.26 | $0.34 |
| 2024 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.07 | $0.13 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the SP Funds S&P Global Technology ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SP Funds S&P Global Technology ETF was 25.55%, occurring on Apr 8, 2025. Recovery took 45 trading sessions.
The current SP Funds S&P Global Technology ETF drawdown is 10.73%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-25.55%Apr 2025 | 2mo 15d | 2mo 5d | 4mo 20dJan 2025 - Jun 2025 | 2025 selloff2025 |
-18.15%Aug 2024 | 25d | 4mo 13d | 5mo 8dJul 2024 - Dec 2024 | — |
-15.84%Jul 2026 | 1mo 26d | — | 2moJun 2026 - now | — |
-13.80%Mar 2026 | 1mo 2d | 16d | 1mo 18dFeb 2026 - Apr 2026 | — |
-12.06%Apr 2024 | 1mo 12d | 1mo 5d | 2mo 17dMar 2024 - May 2024 | — |
Drawdown Indicators
| SPTE | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.55% | -56.78% | +31.23% |
Max Drawdown (1Y)Largest decline over 1 year | -15.84% | -9.10% | -6.74% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -10.73% | -1.58% | -9.15% |
Average DrawdownAverage peak-to-trough decline | -4.27% | -10.70% | +6.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.96% | 2.14% | +2.82% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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