SPUS ETF — Holdings & Analysis

SPUS, or the SP Funds S&P 500 Sharia Industry Exclusions ETF, is designed to provide investors with Sharia-compliant exposure to the U.S. equity market. The ETF tracks an index of approximately 200 low-leverage stocks from the S&P 500, screened to exclude companies involved in industries not compliant with Islamic principles, such as alcohol, tobacco, gambling, and conventional finance. The fund's objective is to offer a value-conscious investment option that aligns with Sharia law, providing exposure to a diversified portfolio of U.S. large-cap companies while adhering to ethical guidelines. As of 2026-03-15, SPUS has an AUM of $1.97 billion.

The expense ratio for SPUS is 0.45%. This means that for every $10,000 invested in the fund, investors will pay $45 in annual fees to cover the fund's operating expenses. While this is a relatively low cost in dollar terms, it is slightly higher than the average expense ratio for large-cap blend ETFs, which hovers around 0.35%. the may be worth researching expense ratio as one factor among many when evaluating the overall attractiveness of SPUS, as it can impact the fund's net returns over time.

As of 2026-03-15, the top holdings in SPUS include NVIDIA Corp (13.28%), Apple Inc (12.04%), Microsoft Corp (9.00%), Alphabet Inc Class A (5.59%), and Broadcom Inc (4.65%). These companies represent a significant portion of the ETF's portfolio, reflecting a concentration in the technology sector. The performance of these top holdings can have a substantial impact on the overall performance of SPUS. Investors should be aware of this concentration and consider its potential implications for the fund's risk and return profile.

Evaluating whether SPUS is a "good" long-term investment depends on an individual investor's specific financial goals, risk tolerance, and investment preferences. SPUS offers Sharia-compliant exposure to the S&P 500, which may appeal to investors seeking ethical investment options. The fund's expense ratio of 0.45% should be factored into long-term return expectations. With a beta of 1.11, SPUS may exhibit slightly higher volatility than the broader market. Past performance does not guarantee future results, and investors should conduct thorough research and consider their own circumstances before making any investment decisions.

SPUS distinguishes itself from other S&P 500 ETFs through its Sharia-compliant investment strategy. While many ETFs track the S&P 500, SPUS screens out companies involved in industries not compliant with Islamic principles. Its expense ratio of 0.45% is slightly higher than some of the lowest-cost S&P 500 ETFs, but it is competitive within the niche of ethical or Sharia-compliant funds. With AUM of $1.97 billion, SPUS is smaller than the largest S&P 500 ETFs, but it demonstrates significant investor interest in its unique approach. Investors should compare SPUS to other ethical or Sharia-compliant ETFs to assess its relative merits.

As of 2026-03-15, SPUS has a dividend yield of 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders. The fund's focus on growth-oriented companies, particularly in the technology sector, may contribute to its lower dividend yield. Investors seeking income-generating investments may want to consider other ETFs with a higher dividend yield. However, it's important to note that dividend payments can vary over time and are not guaranteed.