SPRE
SP Funds S&P Global REIT Sharia ETF
SPRE tracks a market-cap-weighted index of Shariah-compliant global REITs.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 204.5 M
ASSETS UNDER MGMT
55 bp
EXPENSES
Fund Basics
| Inception date | Dec 30, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| EQUINIX INC | 13.7 % |
| PROLOGIS INC | 12.5 % |
| WELLTOWER, INC. | 12.2 % |
| GOODMAN GROUP | 11.5 % |
| CAMDEN PROPERTY TRUST | 4.9 % |
| EASTGROUP PROPERTIES INC | 4.8 % |
| AVALONBAY COMMUNITIES INC | 4.8 % |
| SUN COMMUNITIES INC | 4.8 % |
| MID-AMERICA APARTMENT COMM | 4.8 % |
| EQUITY LIFESTYLE PROPERTIES | 4.8 % |
Constituent Breakdown
| Number of holdings | 20 |
| Herfindahl-Hirschman Index | 829 |
| Wgt avg mkt cap (mns) | $51,517 |
| Large cap (>$10bn) | 79.3% |
| Mid cap ($2-10bn) | 16.5% |
| Small cap (<$2bn) | 2.2% |
| Developed mkts. | 96.7% |
| Emerging mkts. | 1.3% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 79.0 % |
 |
AUSTRALIA | 16.9 % |
 |
MALAYSIA | 1.1 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 7.5% | 2.9% | 2.9% | 1.7% | 1.1% | -- | -- | 0.9% |
| Dividend Yield | 0.7% | 4.3% | 4.3% | 4.4% | 4.1% | -- | -- | 4.1% |
| Total Returns | 8.2% | 7.2% | 7.2% | 6.1% | 5.1% | -- | -- | 4.9% | Ann. Volatility | 12.9% | 16.8% | 16.3% | 17.2% | 18.7% | -- | -- | 18.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.55 | 41% |
| MSCI EAFE | 0.72 | 50% |
| MSCI Emg Mkts | 0.51 | 30% |
Liquidity Measures
| Avg. volume (000) | 84 |
| ADV traded (mns) | $2 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.38% |
Technical Indicators
| 30d moving avg. (EMA) | $20.49 |
| Relative strength (RSI) | 63 |
| MACD/Signal | 0.29/0.31 |
| Bollinger Bands (Upper/Lower) | $21.55/$19.75 |
| Short interest (% of AUM) | 0.6% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. SPRE |
Expenses vs. SPRE |
ALTAR Score™ vs. SPRE |
|---|---|---|---|---|
| JRE | Janus Henderson U.S. Real Estate ETF | 40.3% | +10 bp | +1.0% |
| JPRE | JPMorgan Realty Income ETF | 38.6% | -5 bp | +1.9% |
| RITA | ETFB Green SRI REITs ETF | 37.0% | -5 bp | +0.4% |
| XLRE | Real Estate Select Sector SPDR Fund | 33.9% | -47 bp | +1.9% |
| RWR | State Street SPDR Dow Jones REIT ETF | 33.8% | -30 bp | +1.8% |
| ICF | iShares Cohen & Steers REIT ETF | 33.6% | -22 bp | +2.2% |
| BBRE | JPMorgan BetaBuilders MSCI U.S. REIT ETF | 32.9% | -44 bp | +2.2% |
| SCHH | Schwab U.S. REIT ETF | 32.8% | -48 bp | +2.2% |
| FRI | First Trust S&P REIT Index Fund | 31.9% | -5 bp | +1.6% |
| USRT | iShares Core U.S. REIT ETF | 31.6% | -47 bp | +2.1% |
Risk and Returns: SPRE vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/8/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
5.7%
ALTAR SCORE™
66th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 568 funds in the Global Equity category with an average
ALTAR Score™ of 4.6% and a standard deviation
of 2.7%. SPRE's ALTAR Score™ is approximately 0.4 standard
deviations above the category average. This places SPRE in the 66th percentile
among funds in the category.
Sell-Side Consensus
$23.42
PRICE TARGET
+15.1%
UPSIDE