- ISIN
- US8863648015
- CUSIP
- 886364801
- Issuer
- SP Funds
- Inception Date
- Dec 17, 2019
- Region
- North America (U.S.)
- Category
- S&P 500
- Leveraged
- 1x (No leverage)
- Index Tracked
- S&P 500 Shariah Industry Exclusions Index
- Domicile
- United States
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $2B
Share Price Chart
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Performance
SPUS Performance Chart
SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is up 10.1% since the beginning of the year. SPUS is currently trading at $56 per share. Investors who bought $1,000 worth of SPUS shares 5 years ago would now be looking at an investment worth $2,068.
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Returns By Period
SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) has returned 10.08% so far this year and 31.44% over the past 12 months.
SP Funds S&P 500 Sharia Industry Exclusions ETF
- 1D
- -2.44%
- 1M
- -1.97%
- YTD
- 10.08%
- 6M
- 9.02%
- 1Y
- 31.44%
- 3Y*
- 21.93%
- 5Y*
- 15.64%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
SPUS Monthly Returns History
Based on dividend-adjusted daily data since Dec 18, 2019, SPUS's average daily return is +0.08%, while the average monthly return is +1.53%. At this rate, an investment would double in approximately 3.8 years.
Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +13.0%, while the worst month was Apr 2022 at -9.2%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, SPUS closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +10.8%, while the worst single day was Mar 16, 2020 at -9.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.81% | -0.98% | -5.39% | 11.68% | 8.94% | -4.20% | 10.08% | ||||||
| 2025 | 1.36% | -3.09% | -7.49% | -0.68% | 8.32% | 6.09% | 3.69% | 2.06% | 5.43% | 4.47% | -0.51% | -0.41% | 19.77% |
| 2024 | 1.89% | 6.19% | 2.56% | -3.84% | 5.37% | 5.65% | -0.68% | 1.51% | 2.49% | -1.64% | 4.74% | 0.01% | 26.49% |
| 2023 | 6.17% | -1.04% | 7.59% | 1.64% | 3.01% | 6.42% | 2.97% | -1.28% | -5.39% | -2.92% | 9.59% | 4.18% | 34.24% |
| 2022 | -6.72% | -4.69% | 4.47% | -9.15% | -0.57% | -8.01% | 10.12% | -5.33% | -9.05% | 6.40% | 5.72% | -6.17% | -22.76% |
| 2021 | 0.98% | 0.48% | 3.26% | 5.36% | -0.14% | 4.52% | 4.14% | 3.63% | -5.57% | 9.12% | 1.85% | 4.15% | 35.92% |
Benchmark Metrics
SP Funds S&P 500 Sharia Industry Exclusions ETF has an annualized alpha of 4.28%, beta of 1.00, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since December 18, 2019.
- This ETF captured 115.04% of S&P 500 Index gains but only 98.58% of its losses - a favorable profile for investors.
- This ETF generated an annualized alpha of 4.28% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.00 and R2 of 0.91, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 4.28%
- Beta
- 1.00
- R²
- 0.91
- Upside Capture
- 115.04%
- Downside Capture
- 98.58%
Expense Ratio
SPUS has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
SPUS ranks 63 for risk / return — better than 63% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) 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.
| SPUS | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.32 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | 2.46 | +0.51 |
| Martin ratioReturn relative to average drawdown | 11.81 | 10.92 | +0.89 |
Dividends
Dividend History
SP Funds S&P 500 Sharia Industry Exclusions ETF provided a 0.55% dividend yield over the last twelve months, with an annual payout of $0.31 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.31 | $0.30 | $0.30 | $0.31 | $0.39 | $0.26 |
Dividend yield | 0.55% | 0.60% | 0.70% | 0.87% | 1.21% | 1.15% | 1.04% |
Monthly Dividends
The table displays the monthly dividend distributions for SP Funds S&P 500 Sharia Industry Exclusions 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 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.13 | ||||||
| 2025 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.31 |
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.30 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.01 | $0.30 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.31 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.13 | $0.39 |
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 500 Sharia Industry Exclusions 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 500 Sharia Industry Exclusions ETF was 30.80%, occurring on Mar 23, 2020. Recovery took 72 trading sessions.
The current SP Funds S&P 500 Sharia Industry Exclusions ETF drawdown is 5.76%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -30.80%Mar 2020 | 1mo 2d | 3mo 15d | 4mo 17dFeb 2020 - Jul 2020 |
Bear market2022 | -28.06%Oct 2022 | 9mo 20d | 1y 1mo | 1y 11moDec 2021 - Dec 2023 |
2025 selloff2025 | -22.82%Apr 2025 | 2mo 14d | 2mo 25d | 5mo 9dJan 2025 - Jul 2025 |
2024 correction2024 | -11.46%Aug 2024 | 27d | 2mo 8d | 3mo 5dJul 2024 - Oct 2024 |
2026 correction2026 | -10.66%Mar 2026 | 2mo | 16d | 2mo 16dJan 2026 - Apr 2026 |
Drawdown Indicators
| SPUS | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.80% | -56.78% | +25.98% |
Max Drawdown (1Y)Largest decline over 1 year | -10.66% | -9.10% | -1.56% |
Max Drawdown (3Y)Largest decline over 3 years | -22.82% | -18.90% | -3.92% |
Max Drawdown (5Y)Largest decline over 5 years | -28.06% | -25.43% | -2.63% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -5.76% | -3.21% | -2.55% |
Average DrawdownAverage peak-to-trough decline | -6.19% | -10.71% | +4.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 2.04% | +0.63% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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