SP Funds S&P World (ex-US) ETF (SPWO) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
SP Funds S&P World (ex-US) ETF (SPWO) trades at $33.60. SP Funds S&P World (ex-US) ETF (SPWO) aims to replicate the performance of the Shariah World Index, focusing on companies outside the U. S. Market cap: $92.8M, Sector: Financial services.
Price as of Aug 21, 2026 · 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. In the absence of analyst consensus, our AI model evaluates SPWO against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
Not enough scored data yet to form a council read on SPWO.
How is this calculated? →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 $92.8M 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 $92.8M 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 | AI Score |
|---|---|---|---|---|
| BETZ Roundhill Investments - Sports Betting & iGaming ETF | $19.50 | +0.33% | $50.7M | 44 |
| FLAU Franklin FTSE Australia ETF | $35.57 | -0.70% | $87.0M | 47 |
| ICOP iShares Copper and Metals Mining ETF | $56.78 | +2.12% | $485M | 47 |
| PHDG Invesco S&P 500 Downside Hedged ETF | $41.05 | -1.39% | $74.3M | 47 |
| PSCW Pacer Swan SOS Conservative (April) ETF | $30.43 | -0.13% | $81.7M | 50 |
| ETHT ProShares - Ultra Ether ETF | $12.57 | +19.94% | $92.2M | 68 |
| HNNA Hennessy Advisors, Inc. | $9.89 | -1.30% | $78.2M | 81 |
| EEA The European Equity Fund, Inc. | $11.15 | -0.59% | $74.7M | 67 |
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 Could Drive SPWO Stock Higher?
Increasing demand for ethical and Shariah-compliant investments.
- Expansion of the Islamic finance market.
- Potential inclusion of new companies that meet Shariah criteria.
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 the Growth Opportunities for SPWO?
- Expansion into new markets: SPWO can expand its reach by targeting regions with significant Muslim populations and growing demand for Shariah-compliant investments. This includes countries in Southeast Asia, the Middle East, and Africa. Timeline: Ongoing.
- Development of new Shariah-compliant products: SPWO can develop new ETFs and investment products that cater to specific segments of the Shariah-compliant market, such as sector-specific ETFs or fixed-income funds. This would allow SPWO to diversify its product offerings and attract a wider range of investors. The market for Shariah-compliant products is constantly evolving, creating opportunities for innovation. Timeline: Ongoing.
- Partnerships with Islamic financial institutions: SPWO can partner with Islamic banks, asset managers, and other financial institutions to distribute its products and reach a wider audience. These partnerships can provide SPWO with access to established distribution networks and expertise in the Islamic finance market. Timeline: Ongoing.
- Increased marketing and education efforts: SPWO can increase its marketing and education efforts to raise awareness of Shariah-compliant investing and the benefits of its ETF. This includes participating in industry conferences, publishing educational materials, and engaging with investors through social media. Timeline: Ongoing.
- Technological advancements: SPWO can leverage technological advancements to improve its investment processes, reduce costs, and enhance the investor experience. This includes using AI and machine learning to optimize portfolio construction and risk management. The adoption of fintech solutions is transforming the asset management industry, creating opportunities for SPWO to innovate. Timeline: Ongoing.
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.
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 · August 2026
SPWO Latest News
No recent news available for SPWO.
SPWO Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for SPWO.
Price Targets
Wall Street price target analysis for SPWO.
SPWO MoonshotScore
What does this score mean?
The MoonshotScore rates SPWO 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
SP Funds S&P World (ex-US) ETF Financial Services Stock: Key Questions Answered
What does SP Funds S&P World (ex-US) ETF do?
SP Funds S&P World (ex-US) ETF (SPWO) is an exchange-traded fund designed to mirror the performance of the S&P Shariah World ex-US Index. This index comprises companies located in developed and emerging markets outside the United States that adhere to Shariah investment guidelines.
What are the main risks for SPWO?
The main risks for SP Funds S&P World (ex-US) ETF (SPWO) include its non-diversified nature, which can lead to increased volatility and concentration risk. Changes in Shariah investment guidelines could also impact the fund's composition and performance. Additionally, economic and political instability in international markets can negatively affect the value of the underlying equities.
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). The ETF's expense ratio reflects these fees, which cover the costs of managing the fund, including administration, marketing, and other operational expenses.
How is SP Funds S&P World (ex-US) ETF adapting to fintech disruption?
As of 2026, SP Funds S&P World (ex-US) ETF is likely adapting to fintech disruption by leveraging technology to enhance its operational efficiency and investor experience. This may include using advanced data analytics to optimize portfolio construction and risk management, as well as implementing digital platforms for investor communication and education.
What are the key factors to evaluate for SPWO?
Evaluate SPWO on fundamentals, analyst consensus, and risk factors. SP Funds S&P World (ex-US) ETF (SPWO) presents a focused investment opportunity for investors seeking Shariah-compliant exposure to international equities. Not financial advice.
How frequently does SPWO data refresh on this page?
SPWO's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven SPWO's recent stock price performance?
SP Funds S&P World (ex-US) ETF (SPWO) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Specialized focus on Shariah-compliant investments. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider SPWO overvalued or undervalued right now?
SP Funds S&P World (ex-US) ETF (SPWO) has no trailing P/E available here, so lean on price-to-sales and cash flow in the Financials tab. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
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
Data provided for informational purposes only.
- Information is based on available data and may be subject to change.
- AI analysis is pending for SPWO.