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The SPUS Exchange Traded Fund (ETF) offers investors a means to invest in a select group of around 200 companies. These holdings are chosen from the S&P 500 Index based on specific criteria: they must align with Sharia law principles, demonstrate a focus on value, and maintain relatively low levels of debt.
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.
SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA:SPUS - Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 257,142 shares, a growth of 174.5% from the August 31st total of 93,673 shares. Currently, 0.5% of the shares of the
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.