SPTE vs. SPSK

Last updated Apr 2, 2026

Compare and contrast key facts about SP Funds S&P Global Technology ETF (SPTE) and SP Funds Dow Jones Global Sukuk ETF (SPSK).

SPTE and SPSK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPTE is a passively managed fund by SP Funds that tracks the performance of the S&P Global 1200 Shariah Information Technology Capped Index - Benchmark TR Gross. It was launched on Nov 30, 2023. 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. Both SPTE and SPSK are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

SPTE vs. SPSK - Performance Comparison

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

SPTE vs. SPSK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
SPTE SP Funds S&P Global Technology ETF	-0.51%	26.37%	33.28%	5.24%
SPSK SP Funds Dow Jones Global Sukuk ETF	-1.10%	6.16%	2.95%	1.90%

Returns By Period

In the year-to-date period, SPTE achieves a -0.51% return, which is significantly higher than SPSK's -1.10% return.

SPTE

• 1D: 0.95%
• 1M: -5.87%
• YTD: -0.51%
• 6M: 1.13%
• 1Y: 38.79%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPSK

• 1D: 0.00%
• 1M: -1.63%
• YTD: -1.10%
• 6M: -0.62%
• 1Y: 3.16%
• 3Y*: 3.54%
• 5Y*: 0.77%
• 10Y*: —

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

SPTE vs. SPSK - Expense Ratio Comparison

SPTE has a 0.55% expense ratio, which is higher than SPSK's 0.50% expense ratio.

SPTE

SP Funds S&P Global Technology ETF

SPSK

SP Funds Dow Jones Global Sukuk ETF

Return for Risk

SPTE vs. SPSK — Risk / Return Rank

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

SPTE

SPTE Risk / Return Rank: 80
SPTE Sharpe Ratio Rank: 77
SPTE Sortino Ratio Rank: 80
SPTE Omega Ratio Rank: 74
SPTE Calmar Ratio Rank: 87
SPTE Martin Ratio Rank: 84

SPSK

SPSK Risk / Return Rank: 39
SPSK Sharpe Ratio Rank: 38
SPSK Sortino Ratio Rank: 36
SPSK Omega Ratio Rank: 30
SPSK Calmar Ratio Rank: 43
SPSK Martin Ratio Rank: 47

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.

SPTE vs. SPSK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) and SP Funds Dow Jones Global Sukuk ETF (SPSK). 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.

	SPTE	SPSK	Difference
Sharpe ratio Return per unit of total volatility	1.44	0.76	+0.69
Sortino ratio Return per unit of downside risk	2.12	1.09	+1.03
Omega ratio Gain probability vs. loss probability	1.29	1.13	+0.15
Calmar ratio Return relative to maximum drawdown	2.83	1.17	+1.67
Martin ratio Return relative to average drawdown	9.93	4.65	+5.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SPTE vs. SPSK - Sharpe Ratio Comparison

The current SPTE Sharpe Ratio is 1.44, which is higher than the SPSK Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of SPTE and SPSK, 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

	SPTE	SPSK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	0.76	+0.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.15	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.17	+0.91

Correlation

The correlation between SPTE and SPSK is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SPTE vs. SPSK - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.96%, less than SPSK's 4.04% yield.

	TTM	2025	2024	2023	2022	2021	2020
SPTE SP Funds S&P Global Technology ETF	0.96%	0.96%	0.48%	0.00%	0.00%	0.00%	0.00%
SPSK SP Funds Dow Jones Global Sukuk ETF	4.04%	3.63%	3.53%	2.95%	2.22%	2.56%	1.78%

Drawdowns

SPTE vs. SPSK - Drawdown Comparison

The maximum SPTE drawdown since its inception was -25.55%, which is greater than SPSK's maximum drawdown of -12.83%. Use the drawdown chart below to compare losses from any high point for SPTE and SPSK.

Drawdown Indicators

	SPTE	SPSK	Difference
Max Drawdown Largest peak-to-trough decline	-25.55%	-12.83%	-12.72%
Max Drawdown (1Y) Largest decline over 1 year	-14.05%	-2.85%	-11.20%
Max Drawdown (5Y) Largest decline over 5 years	—	-12.45%	—
Current Drawdown Current decline from peak	-9.07%	-2.14%	-6.93%
Average Drawdown Average peak-to-trough decline	-4.26%	-3.90%	-0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.01%	0.72%	+3.29%

Volatility

SPTE vs. SPSK - Volatility Comparison

SP Funds S&P Global Technology ETF (SPTE) has a higher volatility of 8.89% compared to SP Funds Dow Jones Global Sukuk ETF (SPSK) at 1.42%. This indicates that SPTE's price experiences larger fluctuations and is considered to be riskier than SPSK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPTE	SPSK	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.89%	1.42%	+7.47%
Volatility (6M) Calculated over the trailing 6-month period	16.89%	2.44%	+14.45%
Volatility (1Y) Calculated over the trailing 1-year period	27.00%	4.20%	+22.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.73%	5.34%	+20.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.73%	5.51%	+20.22%