SP Funds S&P World ETF (SPWO)
SPWO is a passive ETF by SP Funds tracking the investment results of the S&P DM Ex-U.S. & EM 50/50 Shariah Index - Benchmark TR Net. SPWO launched on Dec 19, 2023 and has a 0.55% expense ratio.
ETF Info
| Issuer | SP Funds |
|---|---|
| Inception Date | Dec 19, 2023 |
| Category | Foreign Large Cap Equities |
| Leveraged | 1x |
| Index Tracked | S&P DM Ex-U.S. & EM 50/50 Shariah Index - Benchmark TR Net |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
SPWO features an expense ratio of 0.55%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SPWO vs. UMMA, SPWO vs. SPTE, SPWO vs. SPUS, SPWO vs. VXUS, SPWO vs. VEU, SPWO vs. VOO, SPWO vs. SPY, SPWO vs. CHPS, SPWO vs. IS3S.DE, SPWO vs. KSA
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SP Funds S&P World 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 | 15.96% | 20.10% |
| 1 month | -1.52% | -0.39% |
| 6 months | 9.81% | 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 SPWO, 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 | -2.30% | 4.47% | 2.71% | -2.12% | 6.06% | 0.52% | 1.00% | 2.76% | 2.41% | -2.60% | 15.96% | ||
| 2023 | 2.96% | 2.96% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SP Funds S&P World ETF (SPWO) 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 World ETF provided a 0.95% dividend yield over the last twelve months, with an annual payout of $0.22 per share.
| Period | TTM |
|---|---|
| Dividend | $0.22 |
Dividend yield | 0.95% |
Monthly Dividends
The table displays the monthly dividend distributions for SP Funds S&P World 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.22 |
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 World 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 World ETF was 9.89%, occurring on Aug 5, 2024. Recovery took 35 trading sessions.
The current SP Funds S&P World ETF drawdown is 2.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.89% | Jul 15, 2024 | 16 | Aug 5, 2024 | 35 | Sep 24, 2024 | 51 |
| -6.32% | Mar 8, 2024 | 30 | Apr 19, 2024 | 12 | May 7, 2024 | 42 |
| -4.3% | Oct 8, 2024 | 18 | Oct 31, 2024 | — | — | — |
| -4% | Jan 2, 2024 | 11 | Jan 17, 2024 | 16 | Feb 8, 2024 | 27 |
| -3.17% | May 23, 2024 | 4 | May 29, 2024 | 25 | Jul 5, 2024 | 29 |
Volatility
Volatility Chart
The current SP Funds S&P World ETF volatility is 4.64%, 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.