Sp Funds Trust Etf Profile
| SPWO Etf | 22.48 0.14 0.63% |
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SP Funds is selling at 22.48 as of the 14th of September 2024; that is 0.63 percent up since the beginning of the trading day. The etf's open price was 22.34. SP Funds has 50 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for SP Funds Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of August 2024 and ending today, the 14th of September 2024. Click here to learn more.
SPWO Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Information Technology ETFs, Sector ETFs (View all Sectors) |
| Issuer | SP Funds |
| Inception Date | 2023-12-19 |
| Benchmark | S&P DM Ex-U.S. & EM 50/50 Shariah Index (USD) NTR Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 25.81 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Information Technology |
| Market Concentration | Blended Development |
| Region | Global ex-U.S. |
| Administrator | Tidal ETF Services LLC |
| Advisor | ShariaPortfolio, Inc. |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Naushad Virji, Michael Venuto, Charles Ragauss |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 316 |
| Market Maker | GTS |
| Total Expense | 0.55 |
| Management Fee | 0.55 |
| Country Name | USA |
| Code | SPWO |
| Updated At | 9th of September 2024 |
| Name | SP Funds Trust |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01KPW9GW6 |
| Type | ETF |
SP Funds Trust [SPWO] is traded in USA and was established null. The fund is not categorized under any group at this time. The fund at this time have in assets.
Check SP Funds Probability Of Bankruptcy
Geographic Allocation (%)
SP Funds Trust Currency Exposure
SP Funds Trust holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SP Funds will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SP Funds Trust.
Top SP Funds Trust Etf Constituents
| INFY | Infosys Ltd ADR | Stock | Information Technology | |
| SAP | SAP SE ADR | Stock | Information Technology | |
| TSM | Taiwan Semiconductor Manufacturing | Stock | Information Technology | |
| NSRGY | Nestle SA ADR | Pink Sheet | Packaged Foods | |
| AZN | AstraZeneca PLC ADR | Stock | Health Care | |
| ASML | ASML Holding NV | Stock | Information Technology | |
| RHHBY | Roche Holding Ltd | OTC Stock | Health Care | |
| NVS | Novartis AG ADR | Stock | Health Care |
SP Funds Trust Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SP Funds. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0245 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.06) |
SP Funds Against Markets
Additional Information and Resources on Investing in SPWO Etf
When determining whether SP Funds Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SP Funds' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sp Funds Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Sp Funds Trust Etf:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SP Funds Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of SP Funds Trust is measured differently than its book value, which is the value of SPWO that is recorded on the company's balance sheet. Investors also form their own opinion of SP Funds' value that differs from its market value or its book value, called intrinsic value, which is SP Funds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SP Funds' market value can be influenced by many factors that don't directly affect SP Funds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SP Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if SP Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SP Funds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.