SP Funds S&P World (ex-US) ETF (SPWO) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.60: the stock has moved about 40% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerSP Funds S&P World (ex-US) ETF (SPWO) trades at $34.26. Sector: Financials.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for SPWO: SPWO does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
SP Funds S&P World (ex-US) ETF (SPWO) Financial Services Profile
SP Funds S&P World (ex-US) ETF (SPWO) provides exposure to global (ex-US) equities screened for Shariah compliance, targeting investors seeking ethical investment options. With a market cap of $0.08 billion and a beta of 0.60, SPWO offers a focused approach within the asset management sector, excluding companies not meeting Shariah guidelines.
What Is the Investment Thesis for SPWO?
SP Funds S&P World (ex-US) ETF (SPWO) presents a focused investment opportunity for investors seeking Shariah-compliant exposure to international equities. With a beta of 0.60, SPWO exhibits lower volatility compared to the broader market. The primary value driver is the increasing demand for ethical and Shariah-compliant investment options, particularly in regions with significant Muslim populations. Growth catalysts include expanding awareness of Shariah-compliant investing and the potential inclusion of new companies that meet the index's criteria. A key risk is the fund's non-diversified nature, which could lead to increased volatility and concentration risk. As of March 2026, SPWO's success hinges on its ability to attract and retain investors seeking specialized ethical investment solutions.
Based on FMP financials and quantitative analysis
SPWO Key Highlights
Market Cap of $0.08 billion indicates a smaller, more focused ETF.
- Beta of 0.60 suggests lower volatility compared to the broader market, potentially appealing to risk-averse investors.
- Tracks the S&P Shariah World ex-US Index, providing exposure to international equities screened for Shariah compliance.
- Non-diversified fund, allowing for greater concentration in companies that strongly align with Shariah principles.
- No dividend yield, indicating that the fund does not distribute income to shareholders, focusing instead on capital appreciation.
Who Are SPWO's Competitors?
SPWO is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BETZ Roundhill Investments - Sports Betting & iGaming ETF | $16.74 | +3.06% | $43.5M | — |
| FLAU Franklin FTSE Australia ETF | $33.80 | -0.01% | $82.6M | — |
| ICOP iShares Copper and Metals Mining ETF | $54.11 | +2.99% | $463M | — |
| PHDG Invesco S&P 500 Downside Hedged ETF | $41.81 | +1.13% | $75.7M | — |
| PSCW Pacer Swan SOS Conservative (April) ETF | $30.73 | +0.14% | $82.5M | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 51 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SPWO's Key Strengths?
Specialized focus on Shariah-compliant investments.
- Tracks a well-known index (S&P Shariah World ex-US Index).
- Appeals to a growing segment of ethical investors.
What Are SPWO's Weaknesses?
Non-diversified nature increases volatility.
- Limited market cap compared to larger ETFs.
- Dependence on the performance of the S&P Shariah World ex-US Index.
What Are the Key Risks for SPWO?
Non-diversified nature leading to increased volatility.
- Changes in Shariah investment guidelines impacting the fund's composition.
- Economic and political instability in international markets.
- Competition from other Shariah-compliant ETFs and investment funds.
What Are SPWO's Competitive Advantages?
- Specialized focus on Shariah-compliant investments.
- Established track record in tracking the S&P Shariah World ex-US Index.
- Brand recognition within the Islamic finance community.
What Does SPWO Do?
The SP Funds S&P World (ex-US) ETF (SPWO) is designed to track the performance of the S&P Shariah World ex-US Index. This index measures the performance of companies located in developed and emerging markets outside of the United States that adhere to Shariah investment guidelines. These guidelines involve rules-based screens to ensure compliance with Islamic finance principles, which typically exclude companies involved in activities such as alcohol, tobacco, gambling, and interest-based finance. SPWO provides investors with a way to access a diversified portfolio of international equities while adhering to specific ethical and religious considerations. The fund is non-diversified, meaning it may invest a larger portion of its assets in a smaller number of issuers compared to a diversified fund. This focused approach can potentially lead to higher volatility but also allows for greater concentration in companies that strongly align with Shariah principles. SPWO's investment strategy is passive, aiming to replicate the index's performance rather than actively selecting individual securities. This approach typically results in lower management fees compared to actively managed funds. As of 2026, SPWO continues to serve investors seeking Shariah-compliant international equity exposure, offering a specialized investment solution within the broader ETF market.
What Products and Services Does SPWO Offer?
- Tracks the performance of the S&P Shariah World ex-US Index.
- Provides exposure to companies located in developed and emerging markets outside the United States.
- Screens investments for adherence to Shariah investment guidelines.
- Offers a non-diversified investment approach.
- Targets investors seeking ethical and religiously compliant investment options.
- Replicates the index's performance through a passive investment strategy.
How Does SPWO Make Money?
- Generates revenue through management fees charged to investors.
- Operates as a passive ETF, minimizing active management costs.
- Attracts investors seeking Shariah-compliant investment solutions.
What Industry Does SPWO Operate In?
SP Funds S&P World (ex-US) ETF (SPWO) operates within the asset management industry, specifically targeting the growing segment of Shariah-compliant investments. The global Islamic finance market is experiencing substantial growth, driven by increasing awareness and demand for ethical investment options. SPWO competes with other ETFs and investment funds that offer Shariah-compliant or socially responsible investment strategies. The ETF market is characterized by increasing product innovation and decreasing expense ratios, putting pressure on SPWO to maintain a competitive edge. As of 2026, the trend towards ESG (Environmental, Social, and Governance) investing further supports the demand for funds like SPWO.
Who Are SPWO's Key Customers?
- Individual investors seeking Shariah-compliant investments.
- Institutional investors with ethical investment mandates.
- Financial advisors recommending Shariah-compliant products.
- Islamic financial institutions seeking investment options.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
SPWO Financials
Bull Case vs Bear Case
Bull Case
- Specialized focus on Shariah-compliant investments.
- Tracks a well-known index (S&P Shariah World ex-US Index).
- Appeals to a growing segment of ethical investors.
- Ongoing: Increasing demand for ethical and Shariah-compliant investments.
Bear Case
- Non-diversified nature increases volatility.
- Limited market cap compared to larger ETFs.
- Dependence on the performance of the S&P Shariah World ex-US Index.
- Potential: Non-diversified nature leading to increased volatility.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
SPWO Latest News
No recent news available for SPWO.
SPWO Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for SPWO.
Price Targets
Wall Street price target analysis for SPWO.
SPWO MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for SPWO; grades run from A+ (80-100) to F (below 30).
SP Funds S&P World (ex-US) ETF Financials Stock: Key Questions Answered
What do analysts say about SPWO stock?
As of March 17, 2026, there is no readily available analyst consensus on SPWO stock, likely due to its specialized focus and relatively small market capitalization of $0.08 billion. Key valuation metrics are not widely tracked by major analyst firms.
How does SP Funds S&P World (ex-US) ETF make money in financial services?
SP Funds S&P World (ex-US) ETF generates revenue primarily through management fees. These fees are charged as a percentage of the fund's assets under management (AUM).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.