(SPUS) SP Funds SP500 Sharia - Ratings and Ratios

The SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSE ARCA: SPUS) is designed to align with the principles of Shariah investing by excluding certain industries from the S&P 500 Shariah Index. Specifically, it removes exposure to Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. This approach allows investors to gain broad exposure to large-cap U.S. equities while adhering to specific ethical guidelines. The fund is non-diversified, meaning it can concentrate its holdings in a smaller number of securities, which may increase risk but also allows for more targeted exposure to the remaining industries in the S&P 500 Shariah Index.

As an ETF, SPUS aims to track the performance of its underlying index by investing at least 80% of its total assets in the component securities of the index. This strategy ensures a high level of transparency and alignment with the benchmark. With an AUM of over $1.1 billion, the fund provides liquidity and scale, making it accessible to both institutional and retail investors. It is categorized as a Large Growth ETF, reflecting its focus on larger-cap companies with growth potential. Investors should note that the fund does not provide dividend yield information, as indicated by the absence of P/E, P/B, and P/S ratios, which may be relevant for income-focused strategies.