SP Funds S&P 500 Sharia Industry Exclusions ETF vs Consumer Staples Select Sector SPDR Fund — how do they compare? SP Funds S&P 500 Sharia Industry Exclusions ETF trades at $57.02, while Consumer Staples Select Sector SPDR Fund trades at $83.97. The key difference: SP Funds S&P 500 Sharia Industry Exclusions ETF is trading nearer its 52-week high, Consumer Staples Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| SPUS | XLP | |
|---|---|---|
Sector | Broad Market / Factor | — |
52-Week High | $59.51 | $90.00 |
52-Week Low | $45.32 | $75.61 |
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 companies that have been identified as Consumer Staples companies by the GICS®. It is non-diversified.
Read more on XLP →