SPUS vs. BFOR ETF Comparison

Comparison of SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) to Barron's 400 (BFOR)

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

SPUS Description

The investment seeks to track the performance, before fees and expenses, of the S&P 500 Shariah Industry Exclusions Index. The index is composed of the constituents of the S&P 500® Shariah Index other than those from the following sub-industries: Aerospace & Defense, Financial Exchanges & Data, and Data Processing & Outsourced Services. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.78

Average Daily Volume

191,869

Number of Holdings ^*

225

* may have additional holdings in another (foreign) market

BFOR

Barron's 400

BFOR Description

The investment seeks investment results that correspond generally, before fees and expenses, to the performance of the Barron's 400 Index (the "underlying index"). The underlying index is a rules-based index intended to give investors a means of tracking the overall performance of high performing equity securities of U.S. companies. The fund will invest at least 80% of its total assets in the equity securities which comprise the index. The underlying index's stocks are constituents of the MarketGrader U.S. Coverage Universe.

Grade (RS Rating)

Last Trade

$76.37

Average Daily Volume

3,932

Number of Holdings ^*

388

* may have additional holdings in another (foreign) market

Performance

Period	SPUS	BFOR
30 Days	2.04%	4.63%
60 Days	5.49%	10.07%
90 Days	5.87%	11.37%
12 Months	32.30%	33.90%

76 Overlapping Holdings

Symbol	Grade	Weight in SPUS	Weight in BFOR	Overlap
AAPL	C	10.66%	0.24%	0.24%
ADBE	C	0.73%	0.22%	0.22%
ADSK	B	0.21%	0.26%	0.21%
AKAM	F	0.04%	0.24%	0.04%
AMAT	F	0.48%	0.23%	0.23%
AMZN	A	6.1%	0.26%	0.26%
ANET	C	0.32%	0.28%	0.28%
AOS	F	0.03%	0.21%	0.03%
APD	B	0.21%	0.25%	0.21%
APH	B	0.27%	0.27%	0.27%
BKNG	A	0.52%	0.28%	0.28%
BKR	B	0.14%	0.29%	0.14%
BLDR	C	0.06%	0.22%	0.06%
CEG	D	0.22%	0.28%	0.22%
CF	B	0.05%	0.24%	0.05%
CHD	A	0.08%	0.22%	0.08%
CL	F	0.23%	0.2%	0.2%
COR	B	0.13%	0.24%	0.13%
CPRT	A	0.16%	0.26%	0.16%
CTAS	B	0.24%	0.24%	0.24%
CTSH	A	0.13%	0.24%	0.13%
DECK	B	0.08%	0.25%	0.08%
DHI	D	0.15%	0.2%	0.15%
DOV	A	0.09%	0.24%	0.09%
DVN	F	0.08%	0.22%	0.08%
EBAY	C	0.09%	0.22%	0.09%
ECL	C	0.19%	0.22%	0.19%
EOG	A	0.24%	0.24%	0.24%
EXPE	B	0.07%	0.29%	0.07%
FAST	B	0.15%	0.27%	0.15%
FFIV	B	0.04%	0.26%	0.04%
FSLR	F	0.06%	0.19%	0.06%
FTNT	B	0.2%	0.25%	0.2%
GOOGL	C	3.33%	0.26%	0.26%
HES	B	0.12%	0.25%	0.12%
HOLX	D	0.06%	0.22%	0.06%
HSY	F	0.08%	0.19%	0.08%
HUBB	C	0.07%	0.26%	0.07%
ISRG	A	0.59%	0.24%	0.24%
IT	B	0.13%	0.24%	0.13%
JNJ	D	1.15%	0.22%	0.22%
KLAC	F	0.28%	0.21%	0.21%
KMB	D	0.14%	0.21%	0.14%
LLY	F	2.02%	0.19%	0.19%
META	B	3.99%	0.25%	0.25%
MLM	B	0.12%	0.26%	0.12%
MMM	C	0.22%	0.23%	0.22%
MOH	F	0.06%	0.22%	0.06%
MPWR	F	0.09%	0.2%	0.09%
MSFT	C	9.83%	0.22%	0.22%
MSI	B	0.26%	0.24%	0.24%
NTAP	D	0.08%	0.24%	0.08%
NVDA	A	11.41%	0.29%	0.29%
ODFL	B	0.13%	0.27%	0.13%
ON	F	0.09%	0.23%	0.09%
PANW	B	0.4%	0.26%	0.26%
PAYC	B	0.03%	0.3%	0.03%
PEP	D	0.71%	0.21%	0.21%
PH	A	0.28%	0.26%	0.26%
PHM	D	0.08%	0.21%	0.08%
PODD	B	0.06%	0.24%	0.06%
QCOM	F	0.57%	0.24%	0.24%
REGN	F	0.27%	0.16%	0.16%
RL	B	0.03%	0.28%	0.03%
RMD	C	0.11%	0.22%	0.11%
ROL	C	0.04%	0.22%	0.04%
ROST	D	0.15%	0.21%	0.15%
SYK	A	0.41%	0.23%	0.23%
TGT	C	0.22%	0.23%	0.22%
TJX	A	0.42%	0.22%	0.22%
TSCO	D	0.09%	0.23%	0.09%
VLTO	D	0.08%	0.22%	0.08%
VRSN	C	0.05%	0.23%	0.05%
XOM	B	1.67%	0.25%	0.25%
XYL	F	0.09%	0.21%	0.09%
ZBH	C	0.07%	0.23%	0.07%

SPUS Overweight 149 Positions Relative to BFOR

Symbol	Grade	Weight
TSLA	B	2.85%
GOOG	C	2.75%
AVGO	C	2.56%
HD	B	1.25%
PG	C	1.23%
CRM	B	1.03%
ABBV	F	0.94%
MRK	F	0.78%
CSCO	A	0.74%
AMD	F	0.73%
ACN	B	0.71%
LIN	D	0.68%
NOW	A	0.67%
TMO	F	0.64%
ABT	C	0.63%
TXN	B	0.61%
DHR	F	0.48%
LOW	B	0.48%
UBER	F	0.47%
HON	B	0.47%
ETN	B	0.46%
UNP	D	0.45%
BSX	A	0.41%
COP	C	0.4%
GILD	B	0.37%
MU	D	0.36%
MDT	D	0.35%
ADI	D	0.34%
PLD	D	0.33%
LRCX	F	0.31%
UPS	C	0.3%
NKE	F	0.29%
TT	B	0.29%
SHW	A	0.28%
MDLZ	F	0.28%
EQIX	B	0.27%
WM	A	0.26%
SNPS	C	0.26%
MCK	B	0.25%
CDNS	B	0.25%
ITW	B	0.23%
EMR	A	0.23%
CSX	B	0.22%
BDX	F	0.21%
ORLY	A	0.21%
FCX	F	0.2%
SLB	C	0.2%
ROP	A	0.19%
NSC	B	0.19%
JCI	A	0.18%
NXPI	F	0.18%
FICO	B	0.16%
GWW	B	0.16%
PWR	B	0.15%
NEM	F	0.15%
CMI	A	0.15%
AZO	B	0.15%
VLO	C	0.14%
AME	A	0.14%
KVUE	A	0.14%
IR	A	0.13%
RSG	B	0.13%
GLW	B	0.12%
VMC	B	0.12%
A	F	0.12%
GEHC	D	0.12%
MNST	B	0.12%
CTVA	C	0.12%
EW	F	0.12%
OTIS	D	0.12%
IDXX	F	0.11%
WAB	B	0.11%
DD	D	0.11%
KDP	C	0.11%
GIS	F	0.11%
NUE	D	0.11%
LULU	B	0.11%
MCHP	F	0.11%
HPQ	B	0.11%
ROK	B	0.1%
AVB	B	0.1%
GRMN	A	0.1%
EFX	F	0.1%
KEYS	C	0.09%
PPG	F	0.09%
ANSS	B	0.09%
DXCM	C	0.09%
CAH	B	0.09%
BIIB	F	0.08%
ADM	F	0.08%
EQR	C	0.08%
CDW	F	0.08%
TYL	B	0.08%
FTV	C	0.08%
HAL	C	0.08%
PKG	B	0.07%
K	A	0.07%
STE	D	0.07%
WY	F	0.07%
WAT	B	0.07%
PTC	B	0.07%
WST	B	0.07%
MTD	F	0.07%
DGX	B	0.06%
TRMB	B	0.06%
MAA	C	0.06%
J	D	0.06%
CTRA	B	0.06%
MKC	D	0.06%
ZBRA	B	0.06%
LH	B	0.06%
STLD	C	0.06%
CLX	A	0.06%
JBL	C	0.05%
APTV	F	0.05%
JBHT	C	0.05%
ALGN	D	0.05%
AVY	F	0.05%
EXPD	C	0.05%
GPC	D	0.05%
IEX	B	0.05%
PNR	A	0.05%
MAS	D	0.05%
ULTA	C	0.05%
TER	F	0.05%
BBY	C	0.05%
LW	B	0.04%
GNRC	B	0.04%
TECH	D	0.04%
ALB	C	0.04%
ALLE	D	0.04%
CHRW	A	0.04%
INCY	B	0.04%
CPT	C	0.04%
JNPR	D	0.04%
EPAM	B	0.04%
POOL	D	0.04%
NDSN	B	0.04%
SWKS	F	0.04%
EL	F	0.04%
MOS	D	0.03%
HSIC	F	0.03%
TFX	F	0.03%
LKQ	C	0.03%
CRL	C	0.03%
SMCI	F	0.03%
MHK	D	0.02%
ENPH	F	0.02%
QRVO	F	0.02%

SPUS Underweight 312 Positions Relative to BFOR

Symbol	Grade	Weight
APP	B	-0.49%
LEU	C	-0.49%
POWL	C	-0.45%
AGX	C	-0.39%
UAL	A	-0.38%
IESC	B	-0.38%
UPWK	C	-0.37%
USLM	B	-0.37%
TPL	B	-0.36%
PLTR	B	-0.35%
RMBS	C	-0.33%
PAYO	B	-0.33%
VRT	B	-0.32%
CORT	B	-0.32%
FLEX	B	-0.31%
PCTY	B	-0.31%
ALSN	B	-0.31%
APO	B	-0.31%
STRL	B	-0.31%
SYF	B	-0.31%
WFC	A	-0.3%
SUM	B	-0.3%
EXEL	B	-0.3%
RCL	A	-0.3%
RJF	A	-0.3%
SFM	B	-0.3%
CEIX	B	-0.3%
MLI	B	-0.3%
CCL	B	-0.3%
IDCC	B	-0.3%
SNA	A	-0.29%
APOG	B	-0.29%
ACMR	D	-0.29%
NEWT	B	-0.29%
EWBC	B	-0.29%
CMPO	C	-0.29%
PPC	C	-0.29%
AIT	A	-0.29%
FIX	B	-0.29%
PEGA	B	-0.29%
MLR	C	-0.29%
TILE	B	-0.29%
IBKR	A	-0.29%
AXON	B	-0.28%
ACIW	B	-0.28%
TXRH	A	-0.28%
CW	C	-0.28%
SKWD	A	-0.28%
PAY	B	-0.28%
MTB	A	-0.28%
CSWI	B	-0.28%
WMB	B	-0.28%
QLYS	B	-0.28%
AMP	A	-0.28%
BBW	B	-0.28%
AX	B	-0.28%
UNM	A	-0.28%
EME	B	-0.28%
ERII	B	-0.28%
TRGP	B	-0.28%
AAON	B	-0.28%
HLNE	B	-0.28%
CRS	B	-0.28%
BELFB	C	-0.27%
NOG	B	-0.27%
CAT	B	-0.27%
DAKT	B	-0.27%
HWM	B	-0.27%
FCNCA	B	-0.27%
FOUR	B	-0.27%
HCKT	B	-0.27%
FN	C	-0.27%
NTRS	A	-0.27%
FTDR	B	-0.27%
QCRH	B	-0.27%
OII	B	-0.27%
GDDY	B	-0.27%
MWA	B	-0.27%
BL	B	-0.27%
ZM	B	-0.27%
SLVM	C	-0.27%
USAP	B	-0.27%
AWI	B	-0.27%
LRN	B	-0.27%
NRG	C	-0.27%
MCB	B	-0.27%
DBX	B	-0.26%
MGY	B	-0.26%
TGTX	B	-0.26%
MOD	D	-0.26%
MTDR	B	-0.26%
LAUR	B	-0.26%
CPAY	A	-0.26%
ITT	A	-0.26%
CACI	C	-0.26%
FOX	A	-0.26%
LOPE	B	-0.26%
OZK	B	-0.26%
WHD	B	-0.26%
HCI	B	-0.26%
JPM	A	-0.26%
TMUS	A	-0.26%
TRN	B	-0.26%
PFBC	B	-0.26%
EXP	B	-0.26%
TDY	B	-0.26%
ARLP	A	-0.26%
CNO	B	-0.26%
IBOC	B	-0.26%
ORRF	B	-0.26%
BY	B	-0.26%
CPRX	C	-0.26%
IRMD	B	-0.26%
UTHR	B	-0.26%
PYPL	A	-0.26%
FTI	B	-0.26%
NRP	B	-0.26%
URI	B	-0.26%
ATR	A	-0.26%
SCCO	F	-0.26%
CASH	B	-0.26%
CVLT	B	-0.26%
CHTR	B	-0.26%
NFLX	A	-0.26%
UTI	B	-0.26%
ET	A	-0.25%
MBWM	B	-0.25%
REVG	B	-0.25%
DCI	A	-0.25%
WMS	F	-0.25%
AXP	B	-0.25%
LKFN	B	-0.25%
UFPT	C	-0.25%
SRCE	B	-0.25%
ADMA	C	-0.25%
IBCP	B	-0.25%
FITB	A	-0.25%
SM	C	-0.25%
PAYX	B	-0.25%
TCMD	B	-0.25%
CASY	B	-0.25%
YELP	C	-0.25%
WWD	B	-0.25%
TW	B	-0.25%
EA	A	-0.25%
MCRI	A	-0.25%
ORCL	A	-0.25%
FCF	B	-0.25%
LPX	A	-0.25%
PEBO	A	-0.25%
FIZZ	C	-0.25%
CBT	C	-0.25%
DOCS	B	-0.25%
ADP	A	-0.25%
OKE	A	-0.25%
WABC	B	-0.25%
WT	B	-0.25%
NIC	B	-0.25%
AMAL	B	-0.25%
PLAB	C	-0.25%
INGR	B	-0.25%
FULT	B	-0.25%
WLDN	C	-0.25%
BFC	B	-0.25%
VIRT	B	-0.24%
PTGX	D	-0.24%
FMBH	B	-0.24%
FBP	B	-0.24%
COOP	B	-0.24%
HWKN	C	-0.24%
TBBK	B	-0.24%
OSIS	B	-0.24%
OTTR	C	-0.24%
BMI	B	-0.24%
V	A	-0.24%
LNN	B	-0.24%
FANG	C	-0.24%
BR	A	-0.24%
CHDN	B	-0.24%
GGG	B	-0.24%
WDAY	B	-0.24%
RBA	B	-0.24%
HNI	B	-0.24%
DRI	B	-0.24%
DT	C	-0.24%
MA	B	-0.24%
IPAR	B	-0.24%
FDS	A	-0.24%
BRO	B	-0.24%
AMPY	B	-0.24%
ANF	C	-0.24%
MANH	C	-0.24%
TEX	D	-0.24%
AIZ	A	-0.24%
OSBC	A	-0.24%
CSL	B	-0.24%
MRO	B	-0.24%
SIG	B	-0.24%
CUBI	B	-0.24%
WTS	B	-0.24%
CINF	A	-0.24%
G	B	-0.24%
MPLX	A	-0.24%
MEDP	D	-0.23%
WEC	B	-0.23%
MHO	D	-0.23%
YETI	D	-0.23%
SSNC	C	-0.23%
HIG	C	-0.23%
NEU	C	-0.23%
RGA	A	-0.23%
SHOO	D	-0.23%
OFG	B	-0.23%
PGR	A	-0.23%
SYY	D	-0.23%
VITL	F	-0.23%
THR	C	-0.23%
RNR	D	-0.23%
PLMR	A	-0.23%
NBIX	C	-0.23%
CMG	B	-0.23%
COST	B	-0.23%
JKHY	C	-0.23%
ALL	B	-0.23%
WRB	B	-0.23%
JWN	B	-0.23%
GL	B	-0.23%
TOL	B	-0.23%
BRC	B	-0.23%
EPD	A	-0.23%
LII	B	-0.23%
THC	B	-0.23%
NYT	C	-0.23%
CME	B	-0.23%
CQP	B	-0.23%
FSS	C	-0.23%
VEEV	B	-0.23%
SBR	B	-0.23%
NOV	C	-0.23%
CHWY	B	-0.22%
DKS	D	-0.22%
TPH	C	-0.22%
SPGI	C	-0.22%
IMMR	F	-0.22%
LEN	D	-0.22%
BURL	C	-0.22%
HALO	C	-0.22%
CBOE	D	-0.22%
FC	F	-0.22%
FDX	B	-0.22%
HESM	C	-0.22%
WFRD	F	-0.22%
AMPH	C	-0.22%
DY	C	-0.22%
BMRN	F	-0.22%
SIGA	F	-0.22%
MCO	C	-0.22%
MPC	D	-0.22%
FMC	F	-0.22%
IPG	F	-0.22%
IBP	F	-0.22%
HEI	A	-0.22%
XPEL	B	-0.22%
CWCO	F	-0.22%
CNA	C	-0.22%
MSA	D	-0.22%
NSSC	F	-0.22%
STBA	B	-0.22%
KNSL	C	-0.22%
IBM	D	-0.22%
SO	D	-0.22%
TRIN	A	-0.22%
AFL	C	-0.22%
EGY	F	-0.22%
NVR	D	-0.22%
HRB	D	-0.22%
APA	F	-0.21%
DFIN	D	-0.21%
FCN	F	-0.21%
HRMY	D	-0.21%
ZTS	D	-0.21%
MBIN	D	-0.21%
DVA	C	-0.21%
COKE	C	-0.21%
YOU	D	-0.21%
IQV	F	-0.21%
VAL	D	-0.21%
LNW	F	-0.21%
EG	D	-0.21%
DFH	F	-0.21%
WSM	F	-0.21%
HY	F	-0.21%
SKX	F	-0.21%
ONTO	F	-0.21%
COLL	F	-0.21%
WES	C	-0.21%
KOS	D	-0.2%
INSW	F	-0.2%
TDW	F	-0.2%
HOG	D	-0.2%
ACGL	C	-0.2%
UHS	D	-0.2%
BOOT	C	-0.2%
GRBK	D	-0.2%
WING	D	-0.19%
CRUS	F	-0.19%
BLBD	F	-0.19%
LNTH	F	-0.19%
TH	C	-0.19%
HRTG	C	-0.18%
ASC	F	-0.17%
CROX	F	-0.17%