^IMUS vs. SPUS
Compare and contrast key facts about Dow Jones Islamic Market U.S. Index (^IMUS) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ^IMUS or SPUS.
Key characteristics
| ^IMUS | SPUS | |
|---|---|---|
| YTD Return | 17.48% | 18.80% |
| 1Y Return | 26.55% | 27.45% |
| 3Y Return (Ann) | 6.36% | 11.04% |
| Sharpe Ratio | 1.75 | 1.77 |
| Daily Std Dev | 13.51% | 15.41% |
| Max Drawdown | -47.72% | -30.80% |
| Current Drawdown | -2.85% | -4.07% |
Correlation
The correlation between ^IMUS and SPUS is 0.97, 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.
Performance
^IMUS vs. SPUS - Performance Comparison
In the year-to-date period, ^IMUS achieves a 17.48% return, which is significantly lower than SPUS's 18.80% 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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Risk-Adjusted Performance
^IMUS vs. SPUS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dow Jones Islamic Market U.S. Index (^IMUS) 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.
Drawdowns
^IMUS vs. SPUS - Drawdown Comparison
The maximum ^IMUS drawdown since its inception was -47.72%, which is greater than SPUS's maximum drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for ^IMUS and SPUS. For additional features, visit the drawdowns tool.
Volatility
^IMUS vs. SPUS - Volatility Comparison
The current volatility for Dow Jones Islamic Market U.S. Index (^IMUS) is 4.38%, while SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) has a volatility of 4.64%. This indicates that ^IMUS experiences smaller price fluctuations and is considered to be less risky than SPUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.