SPRE vs. SPTE

Last updated Jun 3, 2026

SPRE (SP Funds S&P Global REIT Sharia ETF) and SPTE (SP Funds S&P Global Technology ETF) are both exchange-traded funds - SPRE is a REIT fund tracking the S&P Global All Equity REIT Shariah Capped Index, while SPTE is a Technology Equities fund tracking the S&P Global 1200 Shariah Information Technology Capped Index - Benchmark TR Gross. Both are passively managed. Over the past year, SPRE returned 10.66% vs 78.57% for SPTE. At a 0.30 correlation, their price movements are largely independent. SPRE charges 0.69%/yr vs 0.55%/yr for SPTE.

Performance

SPRE vs. SPTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SP Funds S&P Global REIT Sharia ETF (SPRE) and SP Funds S&P Global Technology ETF (SPTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPRE achieves a 7.88% return, which is significantly lower than SPTE's 43.53% return.

SPRE

• 1D: 0.73%
• 1M: -1.70%
• YTD: 7.88%
• 6M: 8.62%
• 1Y: 10.66%
• 3Y*: 6.67%
• 5Y*: 1.62%
• 10Y*: —

SPTE

• 1D: 1.35%
• 1M: 19.33%
• YTD: 43.53%
• 6M: 43.81%
• 1Y: 78.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SPRE vs. SPTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SPRE SP Funds S&P Global REIT Sharia ETF	7.88%	3.07%	2.11%	7.01%
SPTE SP Funds S&P Global Technology ETF	43.53%	26.37%	33.28%	5.24%

Correlation

The correlation between SPRE and SPTE is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.26
Correlation (All Time) Calculated using the full available price history since Dec 4, 2023	0.30

SPRE vs. SPTE - Sectors Allocation Comparison

Sectors	SPRE	SPTE
Real Estate	84.4%	-
Basic Materials	5.0%	-
Utilities	0.4%	-
Financial Services	0.1%	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	0.1%
Healthcare	-	0.2%
Industrials	-	0.3%
Technology	-	98.6%
Communication Services	-0.0%	-

Return for Risk

SPRE vs. SPTE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SPRE

SPRE Risk / Return Rank: 24
SPRE Sharpe Ratio Rank: 23
SPRE Sortino Ratio Rank: 22
SPRE Omega Ratio Rank: 22
SPRE Calmar Ratio Rank: 24
SPRE Martin Ratio Rank: 27

SPTE

SPTE Risk / Return Rank: 91
SPTE Sharpe Ratio Rank: 94
SPTE Sortino Ratio Rank: 91
SPTE Omega Ratio Rank: 88
SPTE Calmar Ratio Rank: 91
SPTE Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SPRE vs. SPTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global REIT Sharia ETF (SPRE) and SP Funds S&P Global Technology ETF (SPTE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	SPRE	SPTE	Difference
Sharpe ratio Return per unit of total volatility	0.81	3.59	-2.78
Sortino ratio Return per unit of downside risk	1.19	4.35	-3.16
Omega ratio Gain probability vs. loss probability	1.15	1.56	-0.41
Calmar ratio Return relative to maximum drawdown	1.15	5.77	-4.62
Martin ratio Return relative to average drawdown	3.91	21.18	-17.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPRE vs. SPTE - Sharpe Ratio Comparison

The current SPRE Sharpe Ratio is 0.81, which is lower than the SPTE Sharpe Ratio of 3.59. The chart below compares the historical Sharpe Ratios of SPRE and SPTE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	SPRE	SPTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	3.59	-2.78
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	1.77	-1.52

Drawdowns

SPRE vs. SPTE - Drawdown Comparison

The maximum SPRE drawdown since its inception was -38.34%, which is greater than SPTE's maximum drawdown of -25.55%. Use the drawdown chart below to compare losses from any high point for SPRE and SPTE.

Drawdown Indicators

	SPRE	SPTE	Difference
Max Drawdown Largest peak-to-trough decline	-38.34%	-25.55%	-12.79%
Max Drawdown (1Y) Largest decline over 1 year	-9.63%	-13.80%	+4.17%
Max Drawdown (3Y) Largest decline over 3 years	-22.04%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-38.34%	—	—
Current Drawdown Current decline from peak	-12.42%	0.00%	-12.42%
Average Drawdown Average peak-to-trough decline	-17.93%	-4.07%	-13.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	3.76%	-0.93%

Volatility

SPRE vs. SPTE - Volatility Comparison

The current volatility for SP Funds S&P Global REIT Sharia ETF (SPRE) is 3.87%, while SP Funds S&P Global Technology ETF (SPTE) has a volatility of 7.45%. This indicates that SPRE experiences smaller price fluctuations and is considered to be less risky than SPTE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPRE	SPTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.87%	7.45%	-3.58%
Volatility (6M) Calculated over the trailing 6-month period	9.59%	17.64%	-8.05%
Volatility (1Y) Calculated over the trailing 1-year period	13.22%	21.97%	-8.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.74%	25.82%	-7.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.42%	25.82%	-7.40%

SPRE vs. SPTE - Expense Ratio Comparison

SPRE has a 0.69% expense ratio, which is higher than SPTE's 0.55% expense ratio.

Dividends

SPRE vs. SPTE - Dividend Comparison

SPRE's dividend yield for the trailing twelve months is around 3.86%, more than SPTE's 0.67% yield.

Position	TTM	2025	2024	2023	2022	2021
SPRE SP Funds S&P Global REIT Sharia ETF	3.86%	4.10%	4.13%	4.16%	4.17%	2.83%
SPTE SP Funds S&P Global Technology ETF	0.67%	0.96%	0.48%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SPRE and SPTE in my portfolio?

SPRE and SPTE have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SPRE or SPTE?

SPTE has higher volatility (7.45%) compared to SPRE (3.87%). In terms of maximum drawdown, SPRE dropped -38.34% vs SPTE's -25.55%.

Which ETF is better, SPRE or SPTE?

On 1-year performance, SPTE leads with 78.57% vs 10.66% for SPRE. On fees, SPTE is cheaper at 0.55% per year. On volatility, SPRE has been the lower-risk option at 3.87%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SPRE or SPTE?

Over the 1-year period, SPTE has performed better with a 78.57% return vs 10.66%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SPRE or SPTE?

SPTE is cheaper with a 0.55% expense ratio, compared with 0.69% for SPRE.

Which ETF pays a higher dividend yield, SPRE or SPTE?

SPRE has the higher dividend yield at 3.86%, compared with 0.67% for SPTE.

What is the main difference between SPRE and SPTE?

SPRE is categorized as REIT, while SPTE is Technology Equities. SPRE tracks S&P Global All Equity REIT Shariah Capped Index, while SPTE tracks S&P Global 1200 Shariah Information Technology Capped Index - Benchmark TR Gross. They also come from different issuers: Toroso Investments and SP Funds. Their fees differ too: 0.69% for SPRE and 0.55% for SPTE.

Which has better risk-adjusted returns?

SPTE currently has the higher Sharpe Ratio (3.59 vs 0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.