Key stats
About SP Funds S&P Global REIT Sharia ETF
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Inception date
Dec 30, 2020
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
SPRE is passively managed to provide exposure to all Shariah-compliant constituents of the broader S&P Global REIT universe. The underlying index considers all REIT securities listed in both developed and emerging markets that meet minimum market-cap and trading value requirements. Securities are then screened for compliance with Islamic religious laws, such as: maintaining lower debt levels, permissible income below acceptable levels and maintain prescribed cash or asset levels. In addition, the index removes securities involved in business activities that are not Shariah-compliant such as gambling, alcohol, or tobacco. The underlying index is rebalanced and reconstituted monthly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.13%
Finance99.13%
Bonds, Cash & Other0.87%
Cash0.87%
Stock breakdown by region
North America82.13%
Oceania16.19%
Asia1.13%
Europe0.54%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
SPRE top holdings are Goodman Group and Prologis, Inc., occupying 12.66% and 12.17% of the portfolio correspondingly.
SPRE last dividends amounted to 0.07 USD. The month before, the issuer paid 0.07 USD in dividends,
SPRE assets under management is 149.25 M USD. It's risen 8.30% over the last month.
SPRE fund flows account for 41.79 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, SPRE pays dividends to its holders with the dividend yield of 4.28%. The last dividend (Apr 25, 2025) amounted to 0.07 USD. The dividends are paid monthly.
SPRE shares are issued by Toroso Investments Topco LLC under the brand SP Funds. The ETF was launched on Dec 30, 2020, and its management style is Passive.
SPRE expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
SPRE follows the S&P Global All Equity REIT Shariah Capped Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
SPRE invests in stocks.
SPRE price has risen by 4.79% over the last month, and its yearly performance shows a −2.11% decrease. See more dynamics on SPRE price chart.
NAV returns, another gauge of an ETF dynamics, showed a −4.12% decrease in three-month performance and has increased by 3.05% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −4.12% decrease in three-month performance and has increased by 3.05% in a year.
SPRE trades at a premium (0.43%) meaning the ETF is trading at a higher price than the calculated NAV.