SP Funds S&P Global Technology ETF (SPTE)
SPTE is a passive ETF by SP Funds tracking the investment results of the S&P Global 1200 Shariah Information Technology Capped Index - Benchmark TR Gross. SPTE launched on Nov 30, 2023 and has a 0.55% expense ratio.
ETF Info
| Issuer | SP Funds |
|---|---|
| Inception Date | Nov 30, 2023 |
| Category | Technology Equities |
| Leveraged | 1x |
| Index Tracked | S&P Global 1200 Shariah Information Technology Capped Index - Benchmark TR Gross |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
SPTE features an expense ratio of 0.55%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SPTE vs. SPWO, SPTE vs. SPUS, SPTE vs. QQQ, SPTE vs. UMMA, SPTE vs. SMH, SPTE vs. IXN, SPTE vs. HLAL, SPTE vs. FTEC, SPTE vs. QQMG, SPTE vs. AIG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SP Funds S&P Global Technology ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 27.53% | 20.10% |
| 1 month | -0.85% | -0.39% |
| 6 months | 12.80% | 11.72% |
| 1 year | N/A | 31.44% |
| 5 years (annualized) | N/A | 13.30% |
| 10 years (annualized) | N/A | 10.96% |
Monthly Returns
The table below presents the monthly returns of SPTE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.76% | 8.38% | 2.01% | -5.38% | 7.98% | 8.44% | -2.18% | 1.75% | 0.36% | -1.03% | 27.53% | ||
| 2023 | 5.24% | 5.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
SP Funds S&P Global Technology ETF provided a 0.22% dividend yield over the last twelve months, with an annual payout of $0.06 per share.
| Period | TTM |
|---|---|
| Dividend | $0.06 |
Dividend yield | 0.22% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.06 |
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.
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 18.15%, occurring on Aug 5, 2024. The portfolio has not yet recovered.
The current SP Funds S&P Global Technology ETF drawdown is 6.58%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.15% | Jul 11, 2024 | 18 | Aug 5, 2024 | — | — | — |
| -12.06% | Mar 8, 2024 | 30 | Apr 19, 2024 | 25 | May 24, 2024 | 55 |
| -5.01% | Dec 29, 2023 | 4 | Jan 4, 2024 | 9 | Jan 18, 2024 | 13 |
| -4.65% | Jun 20, 2024 | 3 | Jun 24, 2024 | 7 | Jul 3, 2024 | 10 |
| -3.91% | Feb 12, 2024 | 7 | Feb 21, 2024 | 3 | Feb 26, 2024 | 10 |
Volatility
Volatility Chart
The current SP Funds S&P Global Technology ETF volatility is 6.02%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.