Symbols

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF·NYSE

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Key Stats

Assets Under Management

2.04BUSD

Fund Flows (1Y)

650.78MUSD

Dividend Yield

0.65%

Discount/Premium to NAV

0.03%

Shares Outstanding

39.40M

Expense Ratio

0.45%

About SP Funds S&P 500 Sharia Industry Exclusions ETF

Issuer

Tidal Investments LLC

Brand

SP Funds

Home Page

https://www.sp-funds.com/spus

Inception Date

Dec 17, 2019

Structure

Open-Ended Fund

Index Tracked

S&P 500 Shariah Industry Exclusions Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Tidal Investments LLC

Distributor

Foreside Fund Services LLC

SPUS is a passively-managed portfolio of stocks derived from S&P 500 index that are compliant with Sharia law. Eligible constituents are screened for non-compliant business activities (such as gambling, alcohol or tobacco), and must satisfy certain accounting-based financial ratios. As Sharia observes interest restrictions and prohibited industries, SPUS uses an exclusionary screening to form the final composition by excluding those within the following GICS sub-industries: (i) Aerospace and Defense (ii) Financial Exchanges and Data (iiI) Data Processing and Outsourced Services and (iv) Research and Consulting Services. The index is rebalanced and reconstituted monthly and weighted based on market cap of each constituents.