SPUS ETF — Holdings & Analysis

The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is a $1.97 billion fund providing Sharia-compliant exposure to 200 low-leverage stocks within the S&P 500.

SPUS aims to offer value-conscious investing while adhering to Islamic finance principles, excluding companies involved in industries like alcohol, tobacco, and gambling. With an expense ratio of 0.45%, SPUS offers a unique ethical investment option for those seeking to align their investments with Sharia law.

SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) ETF — Price, Holdings & Analysis

The SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is a $1.97 billion fund providing Sharia-compliant exposure to 200 low-leverage stocks within the S&P 500. SPUS aims to offer value-conscious investing while adhering to Islamic finance principles, excluding companies involved in industries like alcohol, tobacco, and gambling. With an expense ratio of 0.45%, SPUS offers a unique ethical investment option for those seeking to align their investments with Sharia law.

ETF Genel Bakış

SPUS is an ETF offering value-conscious, Sharia-compliant exposure to 200 low-leverage stocks from the S&P 500 Index.

SPUS offers a unique investment strategy by providing exposure to the S&P 500 while adhering to Sharia investment principles. The fund screens out companies involved in industries not compliant with Islamic law, such as alcohol, tobacco, gambling, and conventional finance. Instead, SPUS focuses on 200 low-leverage companies within the S&P 500 that meet these ethical criteria. The ETF's top holdings reflect a heavy concentration in technology, with NVIDIA Corp (13.28%), Apple Inc (12.04%), and Microsoft Corp (9.00%) representing a significant portion of the portfolio. The fund's sector allocation is heavily weighted towards Technology (55.5%), followed by Healthcare (12.7%) and Consumer Cyclical (8.0%). SPUS is designed for investors seeking Sharia-compliant exposure to large-cap U.S. equities, offering a blend of ethical investing and broad market participation. The fund's country exposure is primarily in the United States (96.9%).

Risk Metrikleri

SPUS carries several risks inherent to its investment strategy. The fund's concentration in the technology sector (55.5%) exposes it to sector-specific downturns and volatility. The high allocation to its top holdings, such as NVIDIA Corp (13.28%) and Apple Inc (12.04%), introduces concentration risk, as the performance of these companies significantly impacts the ETF's overall returns. With a beta of 1.11, SPUS exhibits slightly higher volatility than the broader market. The expense ratio of 0.45% can create a drag on performance, especially in periods of lower returns. Investors should also consider the specific risks associated with Sharia-compliant investing, as the exclusion of certain sectors may limit diversification and potentially impact performance relative to broader market indices. Past performance does not guarantee future results.

Gider Oranı

0.45%

SPUS hangi varlıkları tutuyor?

Varlık	Ağırlık
NVIDIA Corp (NVDA)	13.28%
Apple Inc (AAPL)	12.04%
Microsoft Corp (MSFT)	9.00%
Alphabet Inc Class A (GOOGL)	5.59%
Broadcom Inc (AVGO)	4.65%
Tesla Inc (TSLA)	3.49%
Eli Lilly and Co (LLY)	2.58%
Exxon Mobil Corp (XOM)	1.98%
Johnson & Johnson (JNJ)	1.84%
Micron Technology Inc (MU)	1.43%

Fon Varlıkları Nasıl Dağılıyor?

Sektör	Ağırlık
Teknoloji	55.5%
Sağlık Hizmetleri	12.7%
Döngüsel Tüketim	8.0%
Sanayi	5.9%
İletişim Hizmetleri	5.8%
Enerji	3.4%
Temel Tüketim	3.3%
Temel Malzemeler	2.8%
Gayrimenkul	1.3%
Kamu Hizmetleri	1.0%
Nakit ve Diğerleri	0.4%

Ülke	Ağırlık
Amerika Birleşik Devletleri	96.9%
İrlanda	1.6%
Birleşik Krallık	0.8%
Diğer	0.4%
Hollanda	0.2%
İsviçre	0.1%
Kanada	0.1%

Temettü Verimi

0.00%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Risk Metrikleri

Beta: 1.11

Sorular & Cevaplar

What is SPUS and what does it track?

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.

What is the expense ratio for SPUS?

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%.

What are the top holdings in SPUS?

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.

Is SPUS a good long-term investment?

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.

How does SPUS compare to similar ETFs?

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.

Does SPUS pay dividends?

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.