SP Funds S&P 500 Sharia Industry Exclusions ETF vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? SP Funds S&P 500 Sharia Industry Exclusions ETF trades at $57.02, while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.38. The key difference: SP Funds S&P 500 Sharia Industry Exclusions ETF is trading nearer its 52-week high, Direxion Daily 20 Year Treasury Bull 3X Shares nearer its low. Which is the better fit depends on your goals.
| SPUS | TMF | |
|---|---|---|
Sector | Broad Market / Factor | Leveraged / Inverse |
52-Week High | $59.51 | $44.14 |
52-Week Low | $45.32 | $31.85 |
Trailing returns across standard periods
SPUS tracks a market-cap weighted index of S&P 500 stocks that adhere to Sharia law. It screens out companies involved in non-compliant business activities such as alcohol, tobacco, gambling, and conventional finance, as well as excluding sectors like Aerospace & Defense, and Data Processing. By focusing on low-leverage stocks, SPUS provides investors with a value-conscious, ethically-aligned exposure to a diversified portfolio of large-cap U.S. equities.
Read more on SPUS →TMF is a leveraged ETF that seeks to provide 300% (3x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. It is a tactical instrument used by sophisticated traders to capitalize on declining interest rates or to hedge against equity market volatility. Due to its daily reset mechanism and high expense ratio, TMF is structurally designed for short-term speculation rather than long-term buy-and-hold investing.
Read more on TMF →