SPUS vs. SPSK
Compare and contrast key facts about SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) and SP Funds Dow Jones Global Sukuk ETF (SPSK).
SPUS and SPSK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPUS is a passively managed fund by Toroso Investments that tracks the performance of the S&P 500 Shariah Industry Exclusions Index. It was launched on Dec 18, 2019. SPSK is a passively managed fund by Toroso Investments that tracks the performance of the Dow Jones Sukuk Total Return (No Coupon Reinvestment). It was launched on Dec 30, 2019. Both SPUS 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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SPUS or SPSK.
Key characteristics
| SPUS | SPSK | |
|---|---|---|
| YTD Return | 10.14% | -0.73% |
| 1Y Return | 29.04% | 1.48% |
| 3Y Return (Ann) | 11.85% | -1.72% |
| Sharpe Ratio | 2.15 | 0.18 |
| Daily Std Dev | 13.47% | 6.59% |
| Max Drawdown | -30.80% | -12.83% |
| Current Drawdown | -1.20% | -6.13% |
Correlation
The correlation between SPUS and SPSK is 0.23, 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.
Performance
SPUS vs. SPSK - Performance Comparison
In the year-to-date period, SPUS achieves a 10.14% return, which is significantly higher than SPSK's -0.73% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SPUS vs. SPSK - Expense Ratio Comparison
SPUS has a 0.49% expense ratio, which is lower than SPSK's 0.65% expense ratio.
Risk-Adjusted Performance
SPUS vs. SPSK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) 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.
Dividends
SPUS vs. SPSK - Dividend Comparison
SPUS's dividend yield for the trailing twelve months is around 0.79%, less than SPSK's 3.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF | 0.79% | 0.87% | 1.21% | 0.93% | 1.04% |
SPSK SP Funds Dow Jones Global Sukuk ETF | 3.00% | 2.95% | 2.22% | 2.56% | 1.68% |
Drawdowns
SPUS vs. SPSK - Drawdown Comparison
The maximum SPUS drawdown since its inception was -30.80%, which is greater than SPSK's maximum drawdown of -12.83%. Use the drawdown chart below to compare losses from any high point for SPUS and SPSK. For additional features, visit the drawdowns tool.
Volatility
SPUS vs. SPSK - Volatility Comparison
SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) has a higher volatility of 5.01% compared to SP Funds Dow Jones Global Sukuk ETF (SPSK) at 2.15%. This indicates that SPUS'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.