SPUSSP Funds S&P 500 Sharia Industry Exclusions ETF
SPUS Fund Description
SPUS tracks a market-cap weighted index of S&P 500 stocks that are Sharia-compliant.
SPUS Factset Analytics Insight
SPUS is a passively-managed portfolio of stocks derived from S&P 500 index that are compliant with Sharia law. Eligible constituents are screened for non-compliant business activities (such as gambling, alcohol or tobacco), and must satisfy certain accounting-based financial ratios. As Sharia observes interest restrictions and prohibited industries, SPUS uses an exclusionary screening to form the final composition by excluding those within the following GICS sub-industries: (i) Aerospace and Defense (ii) Financial Exchanges and Data (iiI) Data Processing and Outsourced Services and (iv) Research and Consulting Services. The index is rebalanced and reconstituted monthly and weighted based on market cap of each constituents.
SPUS MSCI ESG Analytics Insight
SP Funds S&P 500 Sharia Industry Exclusions ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.26 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SP Funds S&P 500 Sharia Industry Exclusions ETF ranks in the 31st percentile within its peer group and in the 13th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SPUS MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
SPUS Summary Data
SPUS Portfolio Data
SPUS Index Data
SPUS Portfolio Management
SPUS Tax Exposures
SPUS Fund Structure
SPUS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SPUS. SPUS is rated a 5 out of 5.
SPUS Sector/Industry Breakdown
SPUS Economic Development
SPUS Performance Statistics
SPUS MSCI ESG Ratings
SPUS Benchmark Comparison Summary
SPUS Benchmark Comparison Market Cap Size