SP Funds Dow Jones Global Sukuk ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Feb 28, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About SPSK
The Fund uses a “passive management”(or indexing) approach to track the performance, before fees and expenses, of the Index. The Index includes U.S. dollar-denominated investment-gradesukuk, which are financial certificates, similar to bonds, issued in the global markets and structured to comply with Islamic religiouslaw, commonly known as “Sharia,” and its investment principles (each such sukuk, a “Global Sukuk”). To be eligiblefor inclusion in the Index, sukuk must have an outstanding issue size of at least US $200 million, a minimum time to maturity of one year,and a credit quality rating of at least BBB- by Standard & Poor’s Financial Services LLC or Fitch Ratings, Inc. and/or at leastBaa3 by Moody’s Investors Service, Inc. The Index was created in 2006 and is owned and administered by S&P Dow Jones IndicesLLC (the “Index Provider”), a division of S&P Global. Unlike conventional bonds, sukuk are basedon a variety of contracts to create financial obligations, and the returns to investors are considered to be profit sharing, notinterest. Issuers of sukuk may include international financial institutions, foreign governments (including in emerging markets),and foreign government agencies or instrumentalities that issue sukuk through a secondary issuing vehicle such as a trust. Shariahas certain restrictions regarding finance and commercial activities, including interest restrictions and prohibited industries andonly sukuk, as screened by Thomson Reuters, is eligible for the Index. The Fund considers emerging market countries to be thosecountries included in the MSCI Emerging Markets Index. The Index is rebalanced and reconstitutedmonthly and is market value weighted. As of February 28, 2026, the Index was composed of 173 constituents, representing investments in9 foreign countries, and had an average weighted maturity of 5.65 years. The Fund’s Investment Strategy The Fund attempts to invest all, or substantiallyall, of its assets in the component securities that make up the Index. Under normal circumstances, at least 80% of the Fund’s totalassets will be invested in Global Sukuk that are component securities of the Index. The Fund’s investment adviser expects that,over time, the correlation between the Fund’s performance and that of the Index, before fees and expenses, will be 95% or better. The Fund will generally use a “replication”strategy to achieve its investment objective, meaning it generally will invest in all of the component securities of the Index. However,the Fund may use a “representative sampling” strategy, meaning it may invest in a sample of the securities in the Index whoserisk, return, and other characteristics closely resemble the risk, return, and other characteristics of the Index as a whole, when theFund’s investment adviser believes it is in the best interests of the Fund (e.g., when replicating the Index involves practicaldifficulties or substantial costs, an Index constituent becomes temporarily illiquid, unavailable, or less liquid, or as a result of legalrestrictions or limitations that apply to the Fund but not to the Index). The Fund generally may invest up to 20% of itstotal assets in Sharia-compliant securities or other Sharia-compliant investments not included in the Index, but which the Fund’sinvestment adviser believes will help the Fund track the Index. For example, the Fund may invest in Sharia-compliant securities that arenot components of the Index to reflect various corporate actions and other changes to the Index (such as reconstitutions, additions, anddeletions). Each investment made by the Fund is pre-screened and approved as Sharia-compliant before investment by the Fund. To the extent the Index concentrates (i.e., holdsmore than 25% of its total assets) in the securities of a particular industry or group of related industries, the Fund will concentrateits investments to approximately the same extent as the Index.
SPSK News
- Avoiding Lag: Real-Time Signals in (SPSK) Movement
- Discipline and Rules-Based Execution in SPSK Response
- Behavioral Patterns of SPSK and Institutional Flows
- Behavioral Patterns of SPSK and Institutional Flows
- (SPSK) Movement Within Algorithmic Entry Frameworks
- How (SPSK) Movements Inform Risk Allocation Models
Data for SPSK is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.