SPTE
SP Funds S&P Global Technology ETF
SPTE is a passively managed fund, investing in global technology firms adhering to Shariah investment principles. Stocks selected for the portfolio are weighted based on market-cap.
Global
EQUITY
Passive
MANAGEMENT STYLE
59.4 M
ASSETS UNDER MGMT
55 bp
EXPENSES
Fund Basics
| Fund sponsor | SP Funds |
| Category | Global |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 30, 2023 |
| Assets (mns) | $59 |
| Expense ratio | 55 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Stock selection | |
| Weighting | |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| MICROSOFT CORP | 11.0 % |
| NVIDIA CORP | 10.9 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 10.7 % |
| APPLE INC | 10.6 % |
| ASML HOLDING NV | 5.8 % |
| SAP AG-SPONSORED ADR | 4.9 % |
| BROADCOM INC. | 4.8 % |
| MEDIATEK INC | 4.3 % |
| XIAOMI CORP | 2.3 % |
| DELTA ELECTRONICS INC | 1.7 % |
Constituent Breakdown
| Number of holdings | 83 |
| Herfindahl-Hirschman Index | 599 |
| Wgt avg mkt cap (mns) | $0 |
| Large cap (>$10bn) | 93.1% |
| Mid cap ($2-10bn) | 0.4% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 76.2% |
| Emerging mkts. | 17.9% |
Country Exposure
 |
UNITED STATES | 52.4 % |
 |
TAIWAN | 17.9 % |
 |
NETHERLANDS | 6.7 % |
 |
GERMANY | 5.9 % |
 |
JAPAN | 5.5 % |
 |
CANADA | 1.7 % |
 |
IRELAND | 1.1 % |
 |
FRANCE | 0.9 % |
 |
SWITZERLAND | 0.6 % |
 |
FINLAND | 0.5 % |
Historical Performance
Standardized Performance (as of 05/31/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 0.9% | 13.2% | -- | -- | -- | -- | -- | 25.8% |
| Dividend Yield | 0.1% | 0.6% | -- | -- | -- | -- | -- | 0.5% |
| Total Returns | 1.0% | 13.8% | -- | -- | -- | -- | -- | 26.3% | Ann. Volatility | 37.0% | 31.3% | -- | -- | -- | -- | -- | 28.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.21 | 73% |
| MSCI EAFE | 0.01 | 0% |
| MSCI Emg Mkts | -0.06 | 0% |
Liquidity Measures
| Avg. volume (000) | 9 |
| ADV traded (mns) | $0 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.82% |
Technical Indicators
| Recent close | $30.85 |
| 30d moving avg. | $28.72 |
| Annualized volatility | 17.6% |
| Relative strength (RSI) | 57 |
| Short interest | 0.8% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. |
Expenses vs. |
ALTAR Score™ vs. |
|---|---|---|---|---|
| IXN | iShares Global Tech ETF | 57.3% | -14 bp | +3.9% |
| XLK | Technology Select Sector SPDR Fund | 53.5% | -47 bp | +4.6% |
| VGT | Vanguard Information Technology ETF | 53.4% | -46 bp | +4.1% |
| FTEC | Fidelity MSCI Information Technology Index ETF | 53.2% | -47 bp | +4.1% |
| IYW | iShares U.S. Technology ETF | 49.6% | -15 bp | +4.0% |
| SPUS | SP Funds S&P 500 Sharia Industry Exclusions ETF | 48.0% | -10 bp | +4.6% |
| IGM | iShares Expanded Tech Sector ETF | 46.3% | -14 bp | +4.0% |
| MGK | Vanguard Mega Cap Growth ETF | 45.7% | -48 bp | +4.1% |
| IWY | iShares Russell Top 200 Growth ETF | 45.1% | -35 bp | +4.6% |
| PRXG | Praxis Impact Large Cap Growth ETF | 44.9% | -19 bp | +4.1% |
Risk and Returns: 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
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| 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 | 2024 | 2025 | 2026 | |
| 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 6/28/2025
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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
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
SPTE
3.9%
Cat. Avg
4.5%
ALTAR Score™ Calculation
Category Overview
There are 373 funds in the Global Equity category, with an average ALTAR Score™
of 4.5% and a standard deviation of
3.4%. SPTE's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places SPTE in the 44th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
SPTESELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Passive Global Equity ETFs |
| # of ETFs | 53 |
| Avg. Expense Ratio | 50.8 bp |
| Std. Deviation | 22.4 bp |
| (55 bp) Percentile rank | 61 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| SPTE | 55.0 | 0.0 | 55 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .