SPSK vs. DGCB

Last updated Apr 1, 2026

Compare and contrast key facts about SP Funds Dow Jones Global Sukuk ETF (SPSK) and Dimensional Global Credit ETF (DGCB).

SPSK and DGCB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPSK is a passively managed fund by SP Funds that tracks the performance of the Dow Jones Sukuk Total Return (No Coupon Reinvestment). It was launched on Dec 30, 2019. DGCB is an actively managed fund by Dimensional. It was launched on Nov 7, 2023.

Performance

SPSK vs. DGCB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SP Funds Dow Jones Global Sukuk ETF (SPSK) and Dimensional Global Credit ETF (DGCB). The values are adjusted to include any dividend payments, if applicable.

SPSK vs. DGCB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SPSK SP Funds Dow Jones Global Sukuk ETF	-1.10%	6.16%	2.95%	4.32%
DGCB Dimensional Global Credit ETF	-0.19%	6.68%	3.80%	6.14%

Returns By Period

In the year-to-date period, SPSK achieves a -1.10% return, which is significantly lower than DGCB's -0.19% return.

SPSK

• 1D: 0.22%
• 1M: -2.14%
• YTD: -1.10%
• 6M: -0.29%
• 1Y: 3.33%
• 3Y*: 3.54%
• 5Y*: 0.77%
• 10Y*: —

DGCB

• 1D: 0.68%
• 1M: -2.04%
• YTD: -0.19%
• 6M: 0.41%
• 1Y: 4.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SPSK vs. DGCB - Expense Ratio Comparison

SPSK has a 0.50% expense ratio, which is higher than DGCB's 0.20% expense ratio.

SPSK

SP Funds Dow Jones Global Sukuk ETF

DGCB

Dimensional Global Credit ETF

Return for Risk

SPSK vs. DGCB — Risk / Return Rank

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

SPSK

SPSK Risk / Return Rank: 46
SPSK Sharpe Ratio Rank: 47
SPSK Sortino Ratio Rank: 44
SPSK Omega Ratio Rank: 37
SPSK Calmar Ratio Rank: 51
SPSK Martin Ratio Rank: 54

DGCB

DGCB Risk / Return Rank: 57
DGCB Sharpe Ratio Rank: 60
DGCB Sortino Ratio Rank: 56
DGCB Omega Ratio Rank: 51
DGCB Calmar Ratio Rank: 63
DGCB Martin Ratio Rank: 57

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.

SPSK vs. DGCB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds Dow Jones Global Sukuk ETF (SPSK) and Dimensional Global Credit ETF (DGCB). 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.

	SPSK	DGCB	Difference
Sharpe ratio Return per unit of total volatility	0.80	1.06	-0.26
Sortino ratio Return per unit of downside risk	1.15	1.48	-0.33
Omega ratio Gain probability vs. loss probability	1.14	1.20	-0.06
Calmar ratio Return relative to maximum drawdown	1.21	1.60	-0.39
Martin ratio Return relative to average drawdown	4.90	5.56	-0.66
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPSK vs. DGCB - Sharpe Ratio Comparison

The current SPSK Sharpe Ratio is 0.80, which is comparable to the DGCB Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of SPSK and DGCB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SPSK	DGCB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.80	1.06	-0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.17	1.45	-1.27

Correlation

The correlation between SPSK and DGCB is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

SPSK vs. DGCB - Dividend Comparison

SPSK's dividend yield for the trailing twelve months is around 4.04%, more than DGCB's 2.85% yield.

	TTM	2025	2024	2023	2022	2021	2020
SPSK SP Funds Dow Jones Global Sukuk ETF	4.04%	3.63%	3.53%	2.95%	2.22%	2.56%	1.78%
DGCB Dimensional Global Credit ETF	2.85%	3.43%	4.72%	0.63%	0.00%	0.00%	0.00%

Drawdowns

SPSK vs. DGCB - Drawdown Comparison

The maximum SPSK drawdown since its inception was -12.83%, which is greater than DGCB's maximum drawdown of -3.50%. Use the drawdown chart below to compare losses from any high point for SPSK and DGCB.

Drawdown Indicators

	SPSK	DGCB	Difference
Max Drawdown Largest peak-to-trough decline	-12.83%	-3.50%	-9.33%
Max Drawdown (1Y) Largest decline over 1 year	-2.85%	-3.08%	+0.23%
Max Drawdown (5Y) Largest decline over 5 years	-12.45%	—	—
Current Drawdown Current decline from peak	-2.14%	-2.04%	-0.10%
Average Drawdown Average peak-to-trough decline	-3.90%	-0.77%	-3.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.70%	0.88%	-0.18%

Volatility

SPSK vs. DGCB - Volatility Comparison

The current volatility for SP Funds Dow Jones Global Sukuk ETF (SPSK) is 1.41%, while Dimensional Global Credit ETF (DGCB) has a volatility of 2.15%. This indicates that SPSK experiences smaller price fluctuations and is considered to be less risky than DGCB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPSK	DGCB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	2.15%	-0.74%
Volatility (6M) Calculated over the trailing 6-month period	2.48%	2.72%	-0.24%
Volatility (1Y) Calculated over the trailing 1-year period	4.21%	4.49%	-0.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.34%	4.82%	+0.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.51%	4.82%	+0.69%