SPUS SP Funds S&P 500 Sharia ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

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SPUS — —
Key stats
About

SP Funds S&P 500 Sharia ETF (SPUS) ETF

No description available.

Exchange
ARCX
Inception
2019-12-17
Has Options
No
Fund profile
holdings as of Oct 1, 2026third-party datathrough May 2026flows, SEC filings
US Equity Large Cap Blend#27 of 177 by assets SP US Index-tracking
Expense ratio
0.45%
prospectus, filed Mar 26, 2026
Assets
$3.3B
shares × price, Oct 21, 2026
Trailing yield
0.51%
paid monthly
Average daily volume
$22M
30 sessions
Holdings
220
top 10 are 57.8%
Listed
Dec 17, 2019
NYSE Arca
Last fee change
-4 bp
filed Nov 30, 2023
Closure risk, 12 months
0.3%
low · model
Tracking difference
+0.02 pts
vs index, after fees, FY 2025
FrenzyCap ETF score
63
how it is built
Cost46
Liquidity78
Scale94
Diversification43

Moves with. US large-cap stocks (73% of its variance, beta 0.96); Value over growth (19% of its variance, beta -0.25); Emerging markets over US (4% of its variance, beta 0.07). These factors explain 95% of its daily moves over the last year.

Stated objective. The SP Funds S&P 500 Sharia Industry Exclusions ETF (the Fund or the Sharia ETF) seeks to track the performance, before fees and expenses, of the S&P 500 Shariah Industry Exclusions Index (the Index). (from the fund's prospectus)

All 220 holdingsFlow historySimilar fundsOverlap toolAll Large Cap Blend ETFs

Fund flows
through May 2026SEC filings
May 2026
+$82M
latest reported month
Latest 3 months
+$287M
+10.5% of assets
Latest 12 months
+$861M
+31.6% of assets
Jun 2025: +$14M+$14MJul 2025: +$43MJulAug 2025: +$55MSep 2025: +$57MSepOct 2025: +$101MNov 2025: +$36MNovDec 2025: +$73MJan 2026: +$82MJanFeb 2026: +$114MMar 2026: +$68MMarApr 2026: +$136M+$136MMay 2026: +$82MMay
View as a table
Net flows of SPUS by month, Jun 2025 to May 2026
MonthNet flow
May 2026+$82M
Apr 2026+$136M
Mar 2026+$68M
Feb 2026+$114M
Jan 2026+$82M
Dec 2025+$73M
Nov 2025+$36M
Oct 2025+$101M
Sep 2025+$57M
Aug 2025+$55M
Jul 2025+$43M
Jun 2025+$14M

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 75 months ago

Similar funds
FundOverlapFeeAssets1Y
HLALWahed FTSE USA Shariah ETF82%0.50%$979M+22.6%compare
VUGVanguard Morningstar Growth ETF68%0.03%$231.2B+10.7%compare
SPXNProShares S&P 500 Ex-Financials ETF67%0.09%$80M+16.9%compare
VOOGVanguard S&P 500 Growth ETF67%0.07%$27.6B+16.1%compare
SCHGSchwab U.S. Large-Cap Growth ETF66%0.04%$64.2B+10.9%compare

Ranked by how much of the two portfolios is the same securities.

Look-through: what the holdings say
weights as of Oct 1, 2026third-party data
Holdings vs fair value
−0.8%
19% under, 30% over · 100% covered
Price / earnings
30.0
1% loss-making · 100% covered
Price / book · sales
9.0 · 5.7
revenue growth +17.9%
Above 200-day average
74%
56% above 50-day · by weight
Short interest
1.9%
of float, weighted · 2.8 days to cover
Insider buying
3%
of weight had net insider buying, 90 days; 74% net selling
13F holders
+3.1%
change in shares held by institutions, latest quarter
Reporting earnings
32.6%
of weight in 7 days; 57.7% in 14
Largest contributors below fair value
MU+50%XOM+20%KLAC+50%ORCL+42%SNDK+37%
Largest contributors above fair value
AAPL−10%TSLA−34%MSFT−9%AMD−28%CRWD−34%

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.

What changed in the portfolio
Feb 28, 2026 → May 31, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
New positionIBMIBM—0.73%—
New positionVRTVertiv Holdings Co—0.32%—
New positionVRTXVertex Pharmaceuticals Inc—0.30%—
IncreasePANWPalo Alto Networks Inc0.31%0.60%+17.7%
ExitBKRBaker Hughes Co0.20%——
New positionCRH PLC—0.19%—
New positionCOHRCoherent Corp—0.18%—
New positionURIUnited Rentals Inc—0.16%—
ExitAVBAvalonBay Communities Inc0.08%——
ExitCTRACoterra Energy Inc0.07%——

Full holdings and history

Under the hood
fiscal year to Nov 30, 2025SEC census
Authorized participants
4 active
of 4 with agreements; top 3 did 99%
Created · redeemed
$829M · $199M
over the fiscal year
Redemptions in kind
99%
creations 97% in kind
Creation unit
25,000
shares
Securities lending
not authorized
Return vs index
+0.02 pts
after fees; +0.02 before; daily s.d. 0.02
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.

ETF Profile
holdings as of 2026-05-31
Holdings
215
AUM
$2.7B
Provider
Nport
Inception
2019-12-17
Exchange
ARCX
Data As Of
2026-05-31
Expense Ratio
0.45%
Dividend Yield
0.51%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-09-28 2026-09-29 $0.0260 CD
2026-08-26 2026-08-27 $0.0260 CD
2026-07-27 2026-07-28 $0.0260 CD
2026-06-25 2026-06-26 $0.0260 CD
2026-05-27 2026-05-28 $0.0260 CD
2026-04-24 2026-04-27 $0.0260 CD
Asset Allocation
Top Holdings
top 50 of 215 holdings
Symbol Name Weight % Asset Class Country
NVDA NVIDIA Corp 13.51% Equity (common) US
AAPL Apple Inc 12.06% Equity (common) US
MSFT Microsoft Corp 8.80% Equity (common) US
GOOGL Alphabet Inc 5.83% Equity (common) US
AVGO Broadcom Inc 5.58% Equity (common) US
TSLA Tesla Inc 3.21% Equity (common) US
MU Micron Technology Inc 2.86% Equity (common) US
LLY Eli Lilly & Co 2.29% Equity (common) US
AMD Advanced Micro Devices Inc 2.20% Equity (common) US
XOM Exxon Mobil Corp 1.59% Equity (common) US
JNJ Johnson & Johnson 1.42% Equity (common) US
CSCO Cisco Systems Inc 1.25% Equity (common) US
LRCX Lam Research Corp 1.04% Equity (common) US
ORCL Oracle Corp 1.02% Equity (common) US
ABBV AbbVie Inc 1.01% Equity (common) US
AMAT Applied Materials Inc 0.93% Equity (common) US
PG Procter & Gamble Co/The 0.87% Equity (common) US
HD Home Depot Inc/The 0.83% Equity (common) US
MRK Merck & Co Inc 0.77% Equity (common) US
TXN Texas Instruments Inc 0.74% Equity (common) US
IBM IBM 0.73% Equity (common) US
QCOM QUALCOMM Inc 0.72% Equity (common) US
GEV GE Vernova Inc 0.69% Equity (common) US
KLAC KLA Corp 0.67% Equity (common) US
SNDK Sandisk Corp/DE 0.62% Equity (common) US
— Linde PLC 0.62% Equity (common) US
PANW Palo Alto Networks Inc 0.60% Equity (common) US
ADI Analog Devices Inc 0.55% Equity (common) US
PEP PepsiCo Inc 0.53% Equity (common) US
— Seagate Technology Holdings PL 0.51% Equity (common) US
TMO Thermo Fisher Scientific Inc 0.49% Equity (common) US
CRWD Crowdstrike Holdings Inc 0.48% Equity (common) US
CRM Salesforce Inc 0.47% Equity (common) US
TJX TJX Cos Inc/The 0.46% Equity (common) US
GILD Gilead Sciences Inc 0.45% Equity (common) US
ANET Arista Networks Inc 0.44% Equity (common) US
UNP Union Pacific Corp 0.42% Equity (common) US
ISRG Intuitive Surgical Inc 0.40% Equity (common) US
ABT Abbott Laboratories 0.40% Equity (common) US
UBER Uber Technologies Inc 0.39% Equity (common) US
COP ConocoPhillips 0.38% Equity (common) US
WELL Welltower Inc 0.38% Equity (common) US
GLW Corning Inc 0.37% Equity (common) US
PLD Prologis Inc 0.36% Equity (common) US
BKNG Booking Holdings Inc 0.35% Equity (common) US
NOW ServiceNow Inc 0.34% Equity (common) US
NEM Newmont Corp 0.32% Equity (common) US
VRT Vertiv Holdings Co 0.32% Equity (common) US
LOW Lowe's Cos Inc 0.32% Equity (common) US
— Accenture PLC 0.31% Equity (common) IE
Chart
Seasonality
'21'22'23'24'25'26Avg
Jan2.38%-7.24%7.10%2.96%1.45%0.47%1.19%
Feb-1.41%-5.41%-2.84%4.64%-2.00%-1.47%-1.42%
Mar1.40%5.58%8.01%1.39%-5.28%-5.57%0.92%
Apr4.03%-9.29%1.27%-3.91%-1.02%10.53%0.27%
May-0.30%-1.47%2.82%5.99%6.84%8.21%3.68%
Jun4.80%-7.35%5.29%5.09%5.34%-2.87%1.72%
Jul3.42%9.51%2.82%-1.42%3.93%-1.33%2.82%
Aug3.56%-5.11%-1.03%3.35%3.46%2.92%1.19%
Sep-5.92%-9.34%-5.47%5.33%6.24%1.99%-1.19%
Oct8.11%4.10%-3.35%-0.34%3.51%0.10%*2.02%
Nov1.63%6.44%8.06%3.97%-0.83%--3.85%
Dec4.95%-6.54%3.89%-0.88%-0.20%--0.24%
Total29.26%-25.16%28.61%28.86%22.77%12.59%16.15%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • 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.
Momentum Oscillators
  • 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.

Volume & Volatility
  • 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

SMA 20: $60.02
SMA 50: $59.27
SMA 200: $55.12
Current: $59.78
EMA 12: $59.76
EMA 26: $59.67
MACD: 0.0944 | Signal: -0.1799
BULLISH
ADX (14): 17.32
RANGE
+DI: 18.59
−DI: 30.86

Momentum Oscillators

RSI (14): 51.34
NEUTRAL
Stoch %K: 29.20
Stoch %D: 22.16
Williams %R: -58.16

Volume & Volatility

BB Upper: $61.30
BB Lower: $58.74
NEUTRAL
OBV: 9,552,066
Vol SMA 20: 378,378
Vol ROC: -16.70%
ATR: $0.66
True Range: $0.57
HV 20: 11.5%
HV 30: 12.2%
HV 60: 13.9%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Click Frenzy-Pro™ for an AI analysis of this ticker.

Analysis includes technical indicators, news sentiment, risk assessment, and specific price levels to watch.

News
All SPUS news →

SPUS Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

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.

Stage 2 — Skew Adjustment (±25% cap)

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.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • 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 →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How 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.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which 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.
Reading them together

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.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

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.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 1.1804
Alpha: 1.36%
Correlation: 0.9489
R-Squared: 90.0%
Stock Volatility: 15.8%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Above average volatility - stock moves with market amplification
Beta & Alpha Over Time

SPUS Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional 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.

107 filers5,209,486 shares$298.26M value
# Filer Shares Value % of Total % of Float Period
1 The Manufacturers Life Insurance Company 1,492,502 $85.82M 28.77% — 2026-06-30
2 SHARIAPORTFOLIO, INC. 766,881 $44.10M 14.78% — 2026-06-30
3 Schroder Investment Management Group 530,000 $30.05M 10.08% — 2026-06-30
4 Strengthening Families & Communities, LLC 264,321 $15.20M 5.10% — 2026-06-30
5 Farther Finance Advisors, LLC Custodian 121,102 $7.21M 2.42% — 2026-09-30
6 Tidal Investments LLC 107,504 $6.18M 2.07% — 2026-06-30
7 Bank of America Corp Custodian 103,023 $5.92M 1.99% — 2026-06-30
8 Advocacy Wealth Management, LLC 94,221 $5.42M 1.82% — 2026-06-30
9 MISSION WEALTH MANAGEMENT, LP 88,657 $5.28M 1.77% — 2026-09-30
10 Envestnet Asset Management, Inc. 85,719 $4.93M 1.65% — 2026-06-30
11 SYNOVUS FINANCIAL CORP 92,865 $4.59M 1.54% — 2025-09-30
12 CHILDRESS CAPITAL ADVISORS, LLC 74,671 $4.29M 1.44% — 2026-06-30
13 ArchPoint Investors 73,996 $4.25M 1.43% — 2026-06-30
14 LPL Financial LLC Custodian 70,627 $4.06M 1.36% — 2026-06-30
15 Cresset Asset Management, LLC 60,357 $3.47M 1.16% — 2026-06-30
16 Focus Partners Wealth 57,653 $3.32M 1.11% — 2026-06-30
17 Abacus Wealth Partners, LLC 57,313 $3.30M 1.10% — 2026-06-30
18 rebel Financial LLC 67,249 $3.24M 1.09% — 2026-03-31
19 Venture Visionary Partners LLC 50,478 $3.01M 1.01% — 2026-09-30
20 RFG Advisory, LLC 46,304 $2.66M 0.89% — 2026-06-30
21 Royal Bank of Canada Custodian 41,486 $2.38M 0.80% — 2026-06-30
22 Sequoia Financial Advisors, LLC 40,357 $2.32M 0.78% — 2026-06-30
23 D. E. Shaw & Co., Inc. Custodian 38,629 $2.22M 0.74% — 2026-06-30
24 TRUIST FINANCIAL CORP Custodian 38,471 $2.21M 0.74% — 2026-06-30
25 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 34,337 $2.08M 0.70% — 2026-09-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month