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SPUS is an ETF offering value-conscious, Sharia-compliant exposure to 200 low-leverage stocks from the S&P 500 Index. It adheres to the guidelines set by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI), ensuring alignment with Islamic ethical principles.
Is SPUS's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Despite continued concentration in mega-cap technology stocks, US dividend-focused strategies have generally remained competitive and historically experienced more shallow drawdowns than broader equity markets. Last year, US companies paid a record US$704.8 billion in dividends - the 15th consecutive annual record. Concurrently, dividend growth accelerated across several international markets, highlighting the continued strength of shareholder-return trends.
Farther Finance Advisors LLC boosted its position in SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS) by 14.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 115,189 shares of the company's stock after acquiring an additional 14,261 shares during
SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS - Get Free Report) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 159,511 shares, an increase of 84.9% from the November 30th total of 86,256 shares. Currently, 0.5% of the company's stock are
SPUS is a leading Shariah-compliant U.S. equity comprised of roughly 200 S&P 500 Index stocks. Its expense ratio is 0.45%, and the ETF has $1.64B in assets under management. Despite the suggestion, SPUS is not a substitute for S&P 500 Index ETFs like SPY. In fact, it's heavily concentrated in tech, and consequently, it's much more risky and growth-oriented. Complementing SPUS with a lower P/E fund like HLAL is one solution, but I think readers should consider the ten stocks listed below, selected for their fundamental characteristics.
SPUS is comprised of 200+ Shariah-compliant S&P 500 Index stocks. Its expense ratio is 0.45% and the ETF has an impressive $1.36 billion in assets under management. SPUS excludes stocks in the Aerospace & Defense, Financial Exchanges & Data, and Transaction & Payment Processing Services sub-industries and also applies several sector-based screens. The ETF is market-cap-weighted, so the weights of these excluded stocks get redistributed to the top, resulting in nearly 53% allocated to the Magnificent Seven.