SP Funds S&P 500 Sharia Industry Exclusions ETF vs YieldMax Universe Fund of Option Income ETFs — how do they compare? SP Funds S&P 500 Sharia Industry Exclusions ETF trades at $60.93 (market cap $3.39B), while YieldMax Universe Fund of Option Income ETFs trades at $7.56 (market cap $364M). The key difference: SP Funds S&P 500 Sharia Industry Exclusions ETF is far larger — about 9.3× YieldMax Universe Fund of Option Income ETFs's market cap, and SP Funds S&P 500 Sharia Industry Exclusions ETF is trading nearer its 52-week high, YieldMax Universe Fund of Option Income ETFs nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold SP Funds S&P 500 Sharia Industry Exclusions ETF for 64 Days and YieldMax Universe Fund of Option Income ETFs for 55 Days on average.
| SPUS | YMAX | |
|---|---|---|
Market Cap | $3.39B | $364M |
Volume | 356,227 | 1,181,378 |
Sector | Broad Market / Factor | Income / Options Overlay |
52-Week High | $61.15 | $12.98 |
52-Week Low | $46.65 | $7.27 |
Typical Hold Time | 64 Days | 55 Days |
Signals from Pluang's Aura AI — not financial advice
SPUS (SP Funds S&P 500 Sharia Industry Exclusions ETF) trades at $61.07, down 0.13% with a bullish technical signal from moving averages but bearish oscillators. The ETF shows consistent dividend payments of $0.03 monthly through mid-2026. Short interest surged 174.5% to 257,142 shares in September 2026, indicating growing bearish sentiment among some investors despite the overall technical strength.
The ETF's outlook remains mixed with strong technical momentum countered by elevated short interest and overbought RSI levels. Investment opportunity lies in Sharia-compliant S&P 500 exposure, while risks include concentrated short positioning and potential mean reversion from current technical extremes.
YMAX trades at $7.53, down 1.83% on the day, with a bearish technical signal driven by moving averages. The ETF maintains a high distribution yield with weekly dividends, though recent coverage highlights concerns about NAV erosion and sustainability. Technical indicators show mixed signals with RSI neutral but ADX suggesting selling pressure, while support levels cluster around $7-8.
The outlook remains cautious due to structural concerns about distribution sustainability and NAV performance. While the high yield attracts income investors, the fund faces risks from its fee structure and portfolio strategy. Analyst sentiment appears mixed with some highlighting yield benefits while others warn of principal erosion.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →YMAX is an actively managed 'fund of funds' that provides equal-weighted exposure to the full suite of YieldMax option income ETFs. It is designed to generate high current income by aggregating the premiums from various single-stock and thematic covered call strategies, offering a diversified approach to high-yield option investing.
Read more on YMAX →