SPWO SP Funds S&P World (ex-US) ETF

ETF

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

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

SPWO — —
Key stats
About

SP Funds S&P World (ex-US) ETF (SPWO) ETF

No description available.

Exchange
ARCX
Inception
2023-12-19
Has Options
No
Fund profile
holdings as of Jul 31, 2026SEC filingthrough Jul 2026flows, SEC filings
International Equity Developed ex-US#105 of 191 by assets SP Developed ex-US Actively managed
Expense ratio
0.55%
prospectus, filed Feb 26, 2026
Assets
$225M
shares × price, Nov 6, 2026
Trailing yield
1.20%
paid monthly
Average daily volume
$2.6M
30 sessions
Holdings
370
top 10 are 41.8%
Listed
Dec 19, 2023
NYSE Arca
Closure risk, 12 months
1.4%
low · model
FrenzyCap ETF score
47
how it is built
Cost46
Liquidity47
Scale49
Diversification47

Moves with. US large-cap stocks (48% of its variance, beta 1.08); Emerging markets over US (38% of its variance, beta 0.68); Value over growth (8% of its variance, beta -0.17). These factors explain 94% of its daily moves over the last year.

Stated objective. The SP Funds S&P World (ex-US) ETF (the Fund or the World ETF) seeks to track the performance, before fees and expenses, of the S&P DM Ex-U.S. & EM 50/50 Shariah Index (the Index or the Shariah World Index). (from the fund's prospectus)

All 370 holdingsFlow historySimilar fundsOverlap toolAll Developed ex-US ETFs

Fund flows
through Jul 2026SEC filings
Jul 2026
+$13M
latest reported month
Latest 3 months
+$42M
+21.0% of assets
Latest 12 months
+$100M
+50.0% of assets
Aug 2025: $0Sep 2025: −$3.2M−$3.2MSepOct 2025: +$6.2MNov 2025: +$8.6MNovDec 2025: +$2.7MJan 2026: +$8.7MJanFeb 2026: +$20M+$20MMar 2026: +$4.9MMarApr 2026: +$10MMay 2026: +$14MMayJun 2026: +$15MJul 2026: +$13MJul
View as a table
Net flows of SPWO by month, Aug 2025 to Jul 2026
MonthNet flow
Jul 2026+$13M
Jun 2026+$15M
May 2026+$14M
Apr 2026+$10M
Mar 2026+$4.9M
Feb 2026+$20M
Jan 2026+$8.7M
Dec 2025+$2.7M
Nov 2025+$8.6M
Oct 2025+$6.2M
Sep 2025−$3.2M
Aug 2025$0

Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 33 months ago

Similar funds
FundOverlapFeeAssets1Y
APIEActivePassive International Equity ETF36%0.45%$1.1B+4.8%compare
UMMAWahed Dow Jones Islamic World ETF28%0.65%$289M+19.1%compare
BREEMFS Blended Research Emerging Markets Equity ETF28%0.44%$27M—compare
SPTESP Funds S&P Global Technology ETF26%0.55%$229M+17.3%compare
CGNGCapital Group New Geography Equity ETF25%0.64%$2.9B+2.5%compare

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

Look-through: what the holdings say
weights as of Jul 31, 2026SEC filing
Insider buying
23%
of weight had net insider buying, 90 days; 3% net selling
13F holders
−3.7%
change in shares held by institutions, latest quarter
Reporting earnings
0.2%
of weight in 7 days; 6.0% 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.

What changed in the portfolio
Apr 30, 2026 → Jul 31, 2026
ActionHoldingWeight beforeWeight afterShares vs flows
ExitSTHHSTMicroelectronics NV0.18%——
New positionSTMicroelectronics NV—0.17%—
New positionKyocera Corp—0.16%—
ExitKYOCYKyocera Corp0.13%——
ExitPACGrupo Aeroportuario del Pacifi0.12%——
IncreaseCATL0.06%0.17%+189.9%
ExitCAPMFCapgemini SE0.10%——
ExitJ&T Global Express Ltd0.09%——
IncreaseAllegro.eu SA0.07%0.14%+35.5%
ExitGigabyte Technology Co Ltd0.05%——

2 new, 9 exited, 12 increased and 4 decreased between the fund's two latest holdings reports; turnover 5.9%. Full holdings and history

Under the hood
fiscal year to Oct 31, 2025SEC census
Authorized participants
3 active
of 3 with agreements; top 3 did 100%
Created · redeemed
$53M · $7.8M
over the fiscal year
Redemptions in kind
39%
creations 31% in kind
Creation unit
25,000
shares
Securities lending
not authorized
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 2026-07-31
Holdings
370
AUM
$199.0M
Provider
Nport
Inception
2023-12-19
Exchange
ARCX
Data As Of
2026-07-31
Expense Ratio
0.55%
Dividend Yield
1.20%
Distribution
Monthly
Recent distributions
Ex-Date Pay Date Amount Type
2026-10-27 2026-10-28 $0.0255 CD
2026-09-28 2026-09-29 $0.0255 CD
2026-08-26 2026-08-27 $0.0255 CD
2026-07-27 2026-07-28 $0.0255 CD
2026-06-25 2026-06-26 $0.0255 CD
2026-05-27 2026-05-28 $0.0255 CD
Asset Allocation
Top Holdings
top 50 of 370 holdings
Symbol Name Weight % Asset Class Country
TSM TSMC 19.99% Equity (common) TW
— Samsung Electronics Co Ltd 4.47% Equity (common) KR
BABA Alibaba Group Holding Ltd 3.27% Equity (common) HK
— SK hynix Inc 3.20% Equity (common) KR
— ASML Holding NV 3.20% Equity (common) NL
— MediaTek Inc 2.01% Equity (common) TW
RHHBY Roche Holding AG 1.55% Equity (common) CH
NVS Novartis AG 1.44% Equity (common) CH
— AstraZeneca PLC 1.33% Equity (common) GB
NSRGY Nestle SA 1.30% Equity (common) CH
— Delta Electronics Inc 1.12% Equity (common) TW
BHP BHP Group Ltd 1.06% Equity (common) AU
SAP SAP SE 0.95% Equity (common) DE
SBGSF Schneider Electric SE 0.91% Equity (common) FR
TOELF Tokyo Electron Ltd 0.82% Equity (common) JP
PDD PDD Holdings Inc 0.79% Equity (common) IE
— ABB Ltd 0.76% Equity (common) CH
MPNGY Meituan 0.76% Equity (common) CN
NVO Novo Nordisk A/S 0.76% Equity (common) DK
HTHIF Hitachi Ltd 0.75% Equity (common) JP
ADTTF Advantest Corp 0.75% Equity (common) JP
XIACF Xiaomi Corp 0.72% Equity (common) CN
UL Unilever PLC 0.69% Equity (common) GB
CFNCF Cie Financiere Richemont SA 0.64% Equity (common) CH
WZZZY Air Liquide SA 0.63% Equity (common) FR
SIEGY Siemens Energy AG 0.63% Equity (common) DE
RCRUY Recruit Holdings Co Ltd 0.58% Equity (common) JP
— Al Rajhi Bank 0.54% Equity (common) SA
— Elite Material Co Ltd 0.54% Equity (common) TW
GSK GSK PLC 0.53% Equity (common) GB
UMC United Microelectronics Corp 0.53% Equity (common) TW
JD JD.com Inc 0.52% Equity (common) CN
RIO Rio Tinto PLC 0.52% Equity (common) GB
LRLCY L'Oreal SA 0.52% Equity (common) FR
FRCOF Fast Retailing Co Ltd 0.51% Equity (common) JP
— Keyence Corp 0.51% Equity (common) JP
BYDDY BYD Co Ltd 0.50% Equity (common) CN
CNQ Canadian Natural Resources Ltd 0.50% Equity (common) CA
INFY Infosys Ltd 0.47% Equity (common) IN
SNY Sanofi SA 0.47% Equity (common) FR
IFNNY Infineon Technologies AG 0.47% Equity (common) DE
— Saudi Arabian Oil Co 0.46% Equity (common) SA
MRAAY Murata Manufacturing Co Ltd 0.44% Equity (common) JP
— Delta Electronics Thailand PCL 0.44% Equity (common) TH
GMBXF Grupo Mexico SAB de CV 0.43% Equity (common) MX
SU Suncor Energy Inc 0.41% Equity (common) CA
CP Canadian Pacific Kansas City L 0.40% Equity (common) CA
— Mitsubishi Heavy Industries Lt 0.40% Equity (common) JP
MILGF Mitsubishi Electric Corp 0.39% Equity (common) JP
— Accton Technology Corp 0.38% Equity (common) TW
Geographic Breakdown
Chart
Seasonality
'23'24'25'26Avg
Jan---0.85%4.92%4.90%2.99%
Feb--3.29%0.13%5.90%3.11%
Mar--0.96%-1.56%-8.20%-2.93%
Apr---2.97%0.09%11.15%2.76%
May--4.70%3.89%7.48%5.36%
Jun---0.02%4.14%-0.12%1.33%
Jul--0.79%-0.66%-4.30%-1.39%
Aug--5.12%3.08%3.29%3.83%
Sep--5.30%8.38%1.52%5.07%
Oct---2.87%1.29%-7.83%-3.14%
Nov---4.18%-2.61%-1.04%*-2.61%
Dec2.96%-3.07%1.99%--0.63%
Total2.96%5.70%25.04%11.38%11.27%
* Only 4 year(s) of data available.
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: $31.42
SMA 50: $32.67
SMA 200: $31.90
Current: $30.52
EMA 12: $30.82
EMA 26: $31.62
MACD: -0.8020 | Signal: -0.1640
BEARISH
ADX (14): 31.06
TREND
+DI: 21.34
−DI: 38.55

Momentum Oscillators

RSI (14): 41.69
NEUTRAL
Stoch %K: 21.27
Stoch %D: 12.86
Williams %R: -54.26

Volume & Volatility

BB Upper: $33.41
BB Lower: $29.44
NEUTRAL
OBV: -284,805
Vol SMA 20: 76,109
Vol ROC: -4.20%
ATR: $0.80
True Range: $1.21
HV 20: 36.6%
HV 30: 31.6%
HV 60: 25.9%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-11-11T00:00:00 – 2026-11-09T00:00:00
AI Analysis

Here is my LLM Stock Analysis report:

Executive Summary

Overall Assessment: NEUTRAL with confidence level (6/10)

Key Drivers:

  • Technical indicators suggest a neutral trend, with a mix of positive and negative signals
  • Recent news headlines are neutral, with no significant market-moving events

Primary Risks:

  • High volatility, indicating potential for large price movements
  • Beta >1.36, making the stock more sensitive to market movements than the overall market

Technical Analysis

Trend Direction: NEUTRAL (short-term), NEUTRAL (medium-term), BEARISH (long-term)

Support/Resistance Levels:

  • SMA 20: $33.31
  • Upper Bollinger Band: $35.12
  • Lower Bollinger Band: $31.50

Momentum Signals:

  • RSI: 46.90 (neutral)
  • MACD: Bullish signal, with a bullish crossover above the signal line
  • Stochastic %K: 69.21 (oversold), Stochastic %D: 85.10 (overbought)
  • Williams %R: -68.63 (oversold)

Volume Analysis: Volume is increasing, indicating institutional interest and potential for further price movements.

News & Sentiment Analysis

Recent Headlines Summary: Neutral news headlines with no significant market-moving events.

Sentiment Assessment: NEUTRAL sentiment from the recent news headlines.

Catalyst Identification: No upcoming earnings or regulatory changes that could impact the stock's price movement.

Market Narrative: The neutral trend and lack of market-moving events suggest a stable market environment, with potential for further consolidation or mild price movements.

Risk & Volatility Assessment

Beta Interpretation: High-risk stock due to its beta value >1.36.

Volatility Regime: High volatility, indicating potential for large price movements.

Options Market Signals: No options data available.

Downside Protection: Support levels at SMA 20 and Lower Bollinger Band provide some downside protection.

Market Context & Positioning

Sector Performance: Relative strength vs. sector/market: NEUTRAL (sector/market performance is neutral).

Institutional Activity: Volume is increasing, indicating institutional interest.

Correlation Analysis: Correlation with the market is 0.81, indicating a strong positive relationship.

Relative Valuation: Position within trading range: NEUTRAL (stock price is near its mean value).

Key Levels & Action Items

Critical Price Levels:

  • SMA 20: $33.31
  • Upper Bollinger Band: $35.12
  • Lower Bollinger Band: $31.50

Breakout/Breakdown Levels: None identified.

Time-Sensitive Catalysts: No upcoming earnings or regulatory changes that could impact the stock's price movement.

Risk Management: Consider stop-loss levels at SMA 20 and Lower Bollinger Band, and position sizing considerations to manage risk.

Note: The analysis is based on the provided data and should not be considered as a buy/sell advice.

Generated
News
All SPWO news →

SPWO Options Activity & IV Rank

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

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

Stage 1 — Base Score

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).

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 →

Scanning bull put, bear call, iron condor and calendar spreads…

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

Loading the implied volatility surface…

Volatility Smile

Loading the implied volatility smile…

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

Risk Metrics

Beta: 1.5393
Alpha: -2.34%
Correlation: 0.8302
R-Squared: 68.9%
Stock Volatility: 25.5%
Market Volatility: 13.8%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time

SPWO Institutional Ownership (13F)

Filings for 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.

38 filers1,696,758 shares$57.25M value
# Filer Shares Value % of Total % of Float Period
1 SHARIAPORTFOLIO, INC. 792,363 $26.54M 46.37% — 2026-09-30
2 rebel Financial LLC 150,281 $5.03M 8.79% — 2026-09-30
3 RFG Advisory, LLC 121,075 $4.06M 7.09% — 2026-09-30
4 Advocacy Wealth Management, LLC 94,504 $3.27M 5.71% — 2026-06-30
5 Tidal Investments LLC 94,476 $3.27M 5.71% — 2026-06-30
6 TD Waterhouse Canada Inc. 67,465 $2.26M 3.96% — 2026-09-30
7 Creative Planning Custodian 54,264 $1.82M 3.18% — 2026-09-30
8 GTS SECURITIES LLC 36,072 $1.25M 2.18% — 2026-06-30
9 Jane Street Group, LLC Custodian 31,781 $1.10M 1.92% — 2026-06-30
10 Cerro Pacific Wealth Advisors LLC 29,421 $985.60K 1.72% — 2026-09-30
11 Wrenne Financial Planning LLC 21,449 $718.56K 1.26% — 2026-09-30
12 J. M. Brown & Associates Inc. 19,957 $690.11K 1.21% — 2026-06-30
13 Cetera Investment Advisers Custodian 19,102 $660.55K 1.15% — 2026-06-30
14 Farther Finance Advisors, LLC Custodian 18,728 $627.40K 1.10% — 2026-09-30
15 Envestnet Asset Management, Inc. 13,474 $465.94K 0.81% — 2026-06-30
16 Strengthening Families & Communities, LLC 13,190 $441.88K 0.77% — 2026-09-30
17 Lido Advisors, LLC 12,762 $427.53K 0.75% — 2026-09-30
18 HighTower Advisors, LLC 11,665 $403.38K 0.70% — 2026-06-30
19 Federation des caisses Desjardins du Quebec Custodian 10,405 $359.81K 0.63% — 2026-06-30
20 Valeo Financial Advisors, LLC 10,620 $355.77K 0.62% — 2026-09-30
21 TRUIST FINANCIAL CORP Custodian 10,385 $347.90K 0.61% — 2026-09-30
22 Mariner, LLC 9,859 $340.92K 0.60% — 2026-06-30
23 Citadel Advisors LLC Custodian 9,697 $335.32K 0.59% — 2026-06-30
24 Range Advisory, LLC 9,147 $316.32K 0.55% — 2026-06-30
25 MISSION WEALTH MANAGEMENT, LP 8,468 $283.68K 0.50% — 2026-09-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

Click any bar to view the full quote for that stock.

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