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SPTE vs. SPUS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPTE and SPUS is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

SPTE vs. SPUS - 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 S&P 500 Sharia Industry Exclusions ETF (SPUS). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.62%
8.34%
SPTE
SPUS

Key characteristics

Sharpe Ratio

SPTE:

1.50

SPUS:

1.90

Sortino Ratio

SPTE:

2.06

SPUS:

2.52

Omega Ratio

SPTE:

1.27

SPUS:

1.35

Calmar Ratio

SPTE:

2.03

SPUS:

2.58

Martin Ratio

SPTE:

6.53

SPUS:

10.20

Ulcer Index

SPTE:

5.64%

SPUS:

2.90%

Daily Std Dev

SPTE:

24.59%

SPUS:

15.61%

Max Drawdown

SPTE:

-18.14%

SPUS:

-30.80%

Current Drawdown

SPTE:

-0.86%

SPUS:

-1.64%

Returns By Period

In the year-to-date period, SPTE achieves a 36.43% return, which is significantly higher than SPUS's 29.07% return.


SPTE

YTD

36.43%

1M

4.79%

6M

8.53%

1Y

37.20%

5Y*

N/A

10Y*

N/A

SPUS

YTD

29.07%

1M

3.19%

6M

9.53%

1Y

29.49%

5Y*

17.92%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPTE vs. SPUS - Expense Ratio Comparison

SPTE has a 0.55% expense ratio, which is higher than SPUS's 0.49% expense ratio.


SPTE
SP Funds S&P Global Technology ETF
Expense ratio chart for SPTE: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for SPUS: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%

Risk-Adjusted Performance

SPTE vs. SPUS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS). 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.


Sharpe ratio
The chart of Sharpe ratio for SPTE, currently valued at 1.50, compared to the broader market0.002.004.001.501.90
The chart of Sortino ratio for SPTE, currently valued at 2.06, compared to the broader market-2.000.002.004.006.008.0010.002.062.52
The chart of Omega ratio for SPTE, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.001.271.35
The chart of Calmar ratio for SPTE, currently valued at 2.03, compared to the broader market0.005.0010.0015.002.032.58
The chart of Martin ratio for SPTE, currently valued at 6.53, compared to the broader market0.0020.0040.0060.0080.00100.006.5310.20
SPTE
SPUS

The current SPTE Sharpe Ratio is 1.50, which is comparable to the SPUS Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of SPTE and SPUS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.401.601.802.002.202.40Thu 05Sat 07Mon 09Wed 11Fri 13Dec 15Tue 17Thu 19Sat 21Mon 23
1.50
1.90
SPTE
SPUS

Dividends

SPTE vs. SPUS - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.24%, less than SPUS's 0.68% yield.


TTM2023202220212020
SPTE
SP Funds S&P Global Technology ETF
0.24%0.00%0.00%0.00%0.00%
SPUS
SP Funds S&P 500 Sharia Industry Exclusions ETF
0.68%0.87%1.21%0.93%1.04%

Drawdowns

SPTE vs. SPUS - Drawdown Comparison

The maximum SPTE drawdown since its inception was -18.14%, smaller than the maximum SPUS drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for SPTE and SPUS. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.86%
-1.64%
SPTE
SPUS

Volatility

SPTE vs. SPUS - Volatility Comparison

SP Funds S&P Global Technology ETF (SPTE) has a higher volatility of 4.87% compared to SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) at 4.11%. This indicates that SPTE's price experiences larger fluctuations and is considered to be riskier than SPUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
4.87%
4.11%
SPTE
SPUS
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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