SP Funds S&P 500 Sharia Industry Exclusions ETF vs Materials Select Sector SPDR Fund — how do they compare? SP Funds S&P 500 Sharia Industry Exclusions ETF trades at $59.25, while Materials Select Sector SPDR Fund trades at $53.47. Which is the better fit depends on your goals.
| SPUS | XLB | |
|---|---|---|
Sector | Broad Market / Factor | — |
52-Week High | $59.51 | $53.62 |
52-Week Low | $46.28 | $42.23 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: chemicals; metals and mining; paper and forest products; containers and packaging; and construction materials. The fund is non-diversified.
Read more on XLB →