SPRE SP Funds S&P Global REIT Sharia ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
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SP Funds S&P Global REIT Sharia ETF (SPRE) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2020-12-29
- Has Options
- No
- Expense ratio
- 0.50% prospectus, filed Mar 26, 2026
- Assets
- $200M shares × price, Nov 6, 2026
- Trailing yield
- 4.25% paid monthly
- Average daily volume
- $1.3M 30 sessions
- Holdings
- 24 top 10 are 76.7%
- Listed
- Dec 29, 2020 NYSE Arca
- Last fee change
- -5 bp filed Dec 12, 2024
- Tracking difference
- +0.00 pts vs index, after fees, FY 2025
Moves with. US large-cap stocks (26% of its variance, beta 0.61); Developed markets ex-US over US (10% of its variance, beta 0.36); Long Treasuries (7% of its variance, beta 0.21); Small caps over large (3% of its variance, beta 0.12). These factors explain 49% of its daily moves over the last year.
Stated objective. The SP Funds S&P Global REIT Sharia ETF (the Fund or the Global REIT ETF) seeks to track the performance, before fees and expenses, of the S&P Global All Equity REIT Shariah Capped Index (the Index). (from the fund's prospectus)
All 24 holdingsFlow historySimilar fundsOverlap toolAll Real Estate ETFs
- Aug 2026
- −$3.7M latest reported month
- Latest 3 months
- +$10M +5.0% of assets
- Latest 12 months
- +$34M +16.1% of assets
View as a table
| Month | Net flow |
|---|---|
| Aug 2026 | −$3.7M |
| Jul 2026 | +$6.4M |
| Jun 2026 | +$7.8M |
| May 2026 | −$12M |
| Apr 2026 | +$3.6M |
| Mar 2026 | +$2.1M |
| Feb 2026 | +$7.2M |
| Jan 2026 | +$5.9M |
| Dec 2025 | +$4.4M |
| Nov 2025 | +$5.8M |
| Oct 2025 | +$1.9M |
| Sep 2025 | +$4.9M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 69 months ago
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| JPREJPMorgan Realty Income ETF | 36% | 0.50% | $475M | +11.2% | compare |
| RITAETFB Green SRI REITs ETF | 35% | 0.50% | $6.7M | +5.8% | compare |
| REITALPS Active REIT ETF | 34% | 0.68% | $57M | +12.0% | compare |
| FPROFidelity Real Estate Investment ETF | 31% | 0.57% | $15M | +9.8% | compare |
| PSRInvesco Active U.S. Real Estate Fund | 30% | 0.35% | $59M | +12.7% | compare |
Ranked by how much of the two portfolios is the same securities.
- Holdings vs fair value
- −0.6% 17% under, 60% over · 62% covered
- Price / earnings
- 40.1 8% loss-making · 62% covered
- Price / book · sales
- 2.9 · 8.3 revenue growth +9.5%
- Above 200-day average
- 28% 51% above 50-day · by weight
- Short interest
- 3.9% of float, weighted · 5.6 days to cover
- Insider buying
- 13% of weight had net insider buying, 90 days; 17% net selling
- 13F holders
- +3.5% change in shares held by institutions, latest quarter
- Reporting earnings
- 0.6% of weight in 7 days; 0.6% in 14
Each figure is the fund's holdings weighted by position size, using our data on those stocks, and covers only the share of the stock holdings stated. Positive fair value means the holdings trade below our estimate.
| Action | Holding | Weight before | Weight after | Shares vs flows |
|---|---|---|---|---|
| Exit | MAAMid-America Apartment Communit | 4.88% | — | — |
| Exit | RYNRayonier Inc | 4.83% | — | — |
| Increase | Peker Gayrimenkul Yatirim Ortakligi AS | 1.80% | 4.06% | +98.9% |
| Increase | IGB Real Estate Investment Tru | 1.89% | 4.05% | +116.7% |
| Increase | Centurion Accommodation Reit | 1.51% | 3.23% | +102.7% |
| Increase | Axis Real Estate Investment Trust | 1.66% | 3.17% | +98.9% |
| Increase | Dubai Residential REIT | 1.17% | 2.47% | +98.9% |
| Increase | RL Commercial REIT Inc | 1.22% | 2.39% | +94.8% |
| Increase | IMPACT Growth Real Estate Investment Trust | 0.39% | 0.93% | +97.6% |
| Increase | Panora Gayrimenkul Yatirim Ort | 0.28% | 0.65% | +98.9% |
0 new, 2 exited, 11 increased and 0 decreased between the fund's two latest holdings reports; turnover 12.7%. Full holdings and history
- Authorized participants
- 3 active of 3 with agreements; top 3 did 100%
- Created · redeemed
- $34M · $975K over the fiscal year
- Redemptions in kind
- 99% creations 98% in kind
- Creation unit
- 25,000 shares
- Securities lending
- not authorized
- Return vs index
- +0.00 pts after fees; +0.01 before; daily s.d. 0.01
- Diversification status
- Non-diversified may concentrate in fewer issuers
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-27 | 2026-10-28 | $0.0670 | CD |
| 2026-09-28 | 2026-09-29 | $0.0670 | CD |
| 2026-08-26 | 2026-08-27 | $0.0670 | CD |
| 2026-07-27 | 2026-07-28 | $0.0670 | CD |
| 2026-06-25 | 2026-06-26 | $0.0670 | CD |
| 2026-05-27 | 2026-05-28 | $0.0670 | CD |
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| WELL | Welltower Inc | 12.63% | Equity (common) | US |
| PLD | Prologis Inc | 12.21% | Equity (common) | US |
| EQIX | Equinix Inc | 12.03% | Equity (common) | US |
| — | Goodman Group | 11.58% | Equity (common) | AU |
| EGP | EastGroup Properties Inc | 4.87% | Equity (common) | US |
| SUI | Sun Communities Inc | 4.77% | Equity (common) | US |
| ELS | Equity LifeStyle Properties In | 4.77% | Equity (common) | US |
| TRNO | Terreno Realty Corp | 4.77% | Equity (common) | US |
| WY | Weyerhaeuser Co | 4.69% | Equity (common) | US |
| — | Charter Hall Group | 4.39% | Equity (common) | AU |
| — | Peker Gayrimenkul Yatirim Ortakligi AS | 4.06% | Equity (common) | TR |
| — | IGB Real Estate Investment Tru | 4.05% | Equity (common) | MY |
| — | Centurion Accommodation Reit | 3.23% | Equity (common) | SG |
| — | Axis Real Estate Investment Trust | 3.17% | Equity (common) | MY |
| — | Dubai Residential REIT | 2.47% | Equity (common) | AE |
| — | RL Commercial REIT Inc | 2.39% | Equity (common) | PH |
| — | IMPACT Growth Real Estate Investment Trust | 0.93% | Equity (common) | TH |
| — | Panora Gayrimenkul Yatirim Ort | 0.65% | Equity (common) | TR |
| FRMI | Fermi Inc | 0.57% | Equity (common) | US |
| SITC | SITE Centers Corp | 0.56% | Equity (common) | US |
| — | Avrupakent Gayrimenkul Yatirim Ortakligi AS | 0.46% | Equity (common) | TR |
| — | Citicore Energy REIT Corp | 0.44% | Equity (common) | PH |
| — | Kizilbuk Gayrimenkul Yatirim O | -1.41% | Equity (common) | TR |
| — | Servet Gayrimenkul Yatirim Ortakligi AS | -1.41% | Equity (common) | TR |
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 1.62% | -7.90% | 9.69% | -5.50% | 3.26% | 1.83% | 0.50% |
| Feb | -2.93% | -4.57% | -6.34% | 1.52% | 1.14% | 5.46% | -0.95% |
| Mar | 4.94% | 6.88% | 1.18% | 0.85% | -5.79% | -6.76% | 0.22% |
| Apr | 6.47% | -5.04% | -1.36% | -8.94% | -3.52% | 7.62% | -0.79% |
| May | 1.51% | -5.01% | -3.27% | 4.77% | 2.42% | -0.45% | -0.01% |
| Jun | 2.03% | -6.86% | 3.68% | 2.05% | -1.89% | 2.52% | 0.25% |
| Jul | 5.27% | 6.16% | -0.53% | 6.66% | -1.19% | 1.42% | 2.96% |
| Aug | 2.04% | -5.16% | -2.60% | 2.55% | 3.49% | -3.23% | -0.49% |
| Sep | -8.06% | -13.44% | -7.22% | 3.06% | 1.81% | -8.28% | -5.35% |
| Oct | 8.06% | -0.04% | -4.28% | -5.56% | -0.46% | -0.43% | -0.45% |
| Nov | 0.75% | 5.49% | 11.00% | 5.12% | 1.47% | 3.05%* | 4.48% |
| Dec | 11.29% | -4.77% | 6.47% | -7.00% | 0.10% | -- | 1.22% |
| Total | 36.59% | -30.93% | 4.56% | -1.96% | 0.40% | 1.58% | 1.71% |
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
Momentum Oscillators
Volume & Volatility
Data Summary
LLM Stock Analysis Report: SPRE
Executive Summary
Overall assessment: NEUTRAL (6/10)
Key drivers:
- Technical indicators point to a neutral trend, with SMA 20 and EMA 12 providing support.
- Momentum oscillators are mixed, with RSI in the neutral zone and Stochastic %K suggesting some upward pressure.
Primary risks:
- Potential for a breakout above $19.72 or breakdown below $19.07 could lead to significant moves.
- Low volatility may indicate a lack of catalysts for price movement.
Investment thesis: SPRE is trading within a range, with no clear direction. Risk management and patience are key in this market environment.
Recent news sentiment impact: No recent news available.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Neutral
- Medium-term (1-3 months): Uptrend
- Long-term (3-12 months): Downtrend
Support/Resistance Levels:
- Upper Bollinger Band: $19.72
- Middle Line: $19.40
- Lower Bollinger Band: $19.07
Momentum Signals: RSI: 57.80 (neutral) MACD: Bearish signal line crossover Bollinger Bands: Neutral, no squeeze or breakout signals
Volume Analysis:
- Volume SMA 20: 72309.50
- On-Balance Volume (OBV): -454976.00 (bearish)
- Volume Rate of Change: 78.08% (increasing)
News & Sentiment Analysis
Recent Headlines Summary: No recent news available.
Sentiment Assessment: Neutral, no recent news to influence sentiment.
Catalyst Identification: None currently identified.
Market Narrative: The lack of recent news and mixed momentum signals suggest a neutral market environment.
Risk & Volatility Assessment
Beta Interpretation:
- Beta: 0.58 (low relative risk)
Volatility Regime:
- Current volatility: Low
- Historical volatility: Medium
Options Market Signals: IV rank: N/A Put/call ratios: N/A Unusual activity: None reported.
Downside Protection:
- Support levels: $19.07, $18.60
- Risk management considerations: Stop-loss at $19.00 or below.
Market Context & Positioning
Sector Performance:
- Sector performance: Average
Institutional Activity:
- Volume patterns suggest some institutional interest, but not enough to drive significant price movement.
Correlation Analysis:
- Correlation with SPY: 0.62 (medium correlation)
Relative Valuation:
- Relative strength within the sector: Neutral
Key Levels & Action Items
Critical Price Levels:
- Support/resistance levels: $19.72, $19.40, $19.07
Breakout/Breakdown Levels:
- Technical levels that could trigger significant moves: $20.00, $18.50
Time-Sensitive Catalysts:
- None currently identified.
Risk Management:
- Stop-loss at $19.00 or below.
- Position sizing considerations: 1-2% of overall portfolio allocation.
This comprehensive analysis highlights the neutral trend and mixed momentum signals in SPRE. With no recent news available, risk management and patience are key in this market environment.
SPRE Options Activity & IV Rank
Each spread is ranked by a composite score built in three stages. Full documentation →
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Calendars: the long leg is valued at the short leg’s expiration (Black-Scholes at its current IV) across the range of prices the short leg’s IV implies, giving the best-case profit (R/R = that over the debit) and P(profit).
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Scanning bull put, bear call, iron condor and calendar spreads…
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Loading the implied volatility surface…
Loading the implied volatility smile…
Risk Metrics
Analysis Details
Data Points: 251
Period: 252 trading days
Low volatility - stock moves less than market
SPRE Institutional Ownership (13F)
Filings for 2026-06-30 · 12 already for 2026-09-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Click any bar to view the full quote for that stock.
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|---|---|---|---|---|---|
| WELL | Welltower Inc | 12.63% | $247.35 | +0.96% | +3.49% | +7.41% |
| PLD | Prologis Inc | 12.21% | $130.55 | +2.83% | +0.69% | -1.45% |
| EQIX | Equinix Inc | 12.03% | $1054.5 | +4.13% | +6.12% | +2.12% |
| EGP | EastGroup Properties Inc | 4.87% | $199.26 | +2.81% | -0.79% | +0.92% |
| SUI | Sun Communities Inc | 4.77% | $120.33 | +0.02% | +3.01% | +5.13% |
| ELS | Equity LifeStyle Properties In | 4.77% | $62.78 | -0.27% | +3.85% | +6.07% |
| TRNO | Terreno Realty Corp | 4.77% | $67.36 | +1.43% | +0.90% | +1.91% |
| WY | Weyerhaeuser Co | 4.69% | $21.13 | +0.71% | -0.75% | +11.56% |
| FRMI | Fermi Inc | 0.57% | $1.66 | +5.73% | -24.72% | -48.92% |
| SITC | SITE Centers Corp | 0.56% | $0.67 | +0.79% | -81.65% | -78.14% |