SP Funds S&P 500 Sharia Industry Exclusions ETF vs Vanguard Tax Managed Fund FTSE Developed Markets ETF — how do they compare? SP Funds S&P 500 Sharia Industry Exclusions ETF trades at $57.02, while Vanguard Tax Managed Fund FTSE Developed Markets ETF trades at $70.47. Which is the better fit depends on your goals.
| SPUS | VEA | |
|---|---|---|
Sector | Broad Market / Factor | — |
52-Week High | $59.51 | $72.39 |
52-Week Low | $45.32 | $56.02 |
Trailing returns across standard periods
Latest headlines on both assets
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 →The fund employs an indexing investment approach designed to track the performance of the FTSE Developed All Cap ex US Index, a market-capitalization-weighted index that is made up of approximately 4022 common stocks of large-, mid-, and small-cap companies located in Canada and the major markets of Europe and the Pacific region. The advisor attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as its weighting in the index.
Read more on VEA →