SPUS vs. ESG ETF Comparison

Comparison of SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) to FlexShares STOXX US ESG Impact Index Fund (ESG)

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

$42.49

Average Daily Volume

187,591

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

ESG

FlexShares STOXX US ESG Impact Index Fund

ESG Description

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXX US ESG Impact Index.

Grade (RS Rating)

Last Trade

$140.22

Average Daily Volume

4,414

Number of Holdings ^*

259

* may have additional holdings in another (foreign) market

Performance

Period	SPUS	ESG
30 Days	1.91%	3.59%
60 Days	2.94%	3.59%
90 Days	3.81%	6.22%
12 Months	29.89%	27.36%

112 Overlapping Holdings

Symbol	Grade	Weight in SPUS	Weight in ESG	Overlap
A	D	0.12%	0.06%	0.06%
AAPL	C	11.07%	4.84%	4.84%
ABT	B	0.64%	0.66%	0.64%
ACN	C	0.71%	1.12%	0.71%
ADBE	C	0.7%	0.76%	0.7%
ADM	D	0.08%	0.08%	0.08%
ADSK	A	0.21%	0.33%	0.21%
AKAM	D	0.04%	0.03%	0.03%
AMAT	F	0.45%	0.5%	0.45%
AMD	F	0.71%	0.74%	0.71%
AMZN	C	6.03%	5.34%	5.34%
APTV	D	0.04%	0.04%	0.04%
AVGO	D	2.42%	1.95%	1.95%
AZO	C	0.17%	0.09%	0.09%
BBY	D	0.05%	0.09%	0.05%
BDX	F	0.2%	0.11%	0.11%
BKNG	A	0.53%	0.55%	0.53%
BKR	B	0.14%	0.1%	0.1%
BSX	B	0.42%	0.21%	0.21%
CAH	B	0.09%	0.09%	0.09%
CDNS	B	0.26%	0.13%	0.13%
CEG	D	0.23%	0.18%	0.18%
CL	D	0.24%	0.31%	0.24%
CLX	B	0.07%	0.1%	0.07%
CMI	A	0.16%	0.17%	0.16%
CRM	B	1.0%	0.53%	0.53%
CSCO	B	0.74%	0.96%	0.74%
CTAS	B	0.24%	0.37%	0.24%
CTSH	B	0.12%	0.1%	0.1%
CTVA	C	0.13%	0.06%	0.06%
DD	D	0.11%	0.12%	0.11%
DECK	A	0.09%	0.11%	0.09%
DOV	A	0.09%	0.05%	0.05%
EBAY	D	0.09%	0.1%	0.09%
ECL	D	0.19%	0.17%	0.17%
EL	F	0.05%	0.06%	0.05%
EMR	A	0.24%	0.12%	0.12%
EW	C	0.13%	0.13%	0.13%
EXPD	D	0.05%	0.03%	0.03%
FCX	D	0.2%	0.15%	0.15%
FFIV	B	0.04%	0.02%	0.02%
FTV	C	0.08%	0.1%	0.08%
GEHC	F	0.12%	0.17%	0.12%
GILD	C	0.35%	0.28%	0.28%
GIS	D	0.11%	0.18%	0.11%
GLW	B	0.12%	0.06%	0.06%
GWW	B	0.17%	0.17%	0.17%
HD	A	1.26%	0.99%	0.99%
HOLX	D	0.06%	0.06%	0.06%
HPQ	B	0.11%	0.17%	0.11%
HSY	F	0.08%	0.1%	0.08%
IDXX	F	0.11%	0.06%	0.06%
IEX	B	0.05%	0.04%	0.04%
IT	C	0.13%	0.17%	0.13%
ITW	B	0.23%	0.13%	0.13%
JBL	B	0.05%	0.03%	0.03%
JNJ	D	1.17%	1.79%	1.17%
K	A	0.07%	0.09%	0.07%
KDP	D	0.11%	0.06%	0.06%
KLAC	D	0.26%	0.15%	0.15%
KMB	D	0.15%	0.22%	0.15%
LKQ	D	0.03%	0.02%	0.02%
LLY	F	1.89%	2.2%	1.89%
LOW	D	0.48%	0.51%	0.48%
LRCX	F	0.29%	0.24%	0.24%
LULU	C	0.11%	0.19%	0.11%
MAS	D	0.05%	0.03%	0.03%
MCK	B	0.26%	0.26%	0.26%
MDLZ	F	0.27%	0.36%	0.27%
MDT	D	0.34%	0.36%	0.34%
META	D	3.93%	5.19%	3.93%
MKC	D	0.06%	0.06%	0.06%
MRK	F	0.79%	1.02%	0.79%
MSFT	F	9.82%	4.72%	4.72%
MU	D	0.35%	0.54%	0.35%
NDSN	B	0.04%	0.04%	0.04%
NEM	D	0.16%	0.19%	0.16%
NKE	D	0.28%	0.22%	0.22%
NOW	A	0.67%	0.36%	0.36%
NTAP	C	0.08%	0.08%	0.08%
NXPI	D	0.18%	0.23%	0.18%
OTIS	C	0.13%	0.16%	0.13%
PANW	C	0.4%	0.32%	0.32%
PG	A	1.28%	1.94%	1.28%
PNR	A	0.05%	0.07%	0.05%
QCOM	F	0.55%	0.6%	0.55%
ROK	B	0.1%	0.13%	0.1%
ROST	C	0.15%	0.2%	0.15%
RSG	A	0.14%	0.07%	0.07%
SHW	A	0.27%	0.15%	0.15%
SLB	C	0.2%	0.31%	0.2%
SMCI	F	0.04%	0.05%	0.04%
SNPS	B	0.26%	0.21%	0.21%
SYK	C	0.42%	0.56%	0.42%
TFX	F	0.03%	0.02%	0.02%
TGT	F	0.18%	0.29%	0.18%
TJX	A	0.43%	0.67%	0.43%
TSCO	D	0.09%	0.12%	0.09%
TSLA	B	3.02%	2.83%	2.83%
TT	A	0.3%	0.38%	0.3%
TXN	C	0.58%	0.62%	0.58%
UBER	D	0.46%	0.49%	0.46%
UNP	C	0.45%	0.58%	0.45%
VLO	C	0.14%	0.11%	0.11%
WAB	B	0.11%	0.09%	0.09%
WM	A	0.25%	0.13%	0.13%
WST	C	0.07%	0.04%	0.04%
WY	D	0.07%	0.11%	0.07%
XOM	B	1.7%	2.63%	1.7%
XYL	D	0.09%	0.1%	0.09%
ZBH	C	0.07%	0.04%	0.04%
ZBRA	B	0.06%	0.07%	0.06%

SPUS Overweight 111 Positions Relative to ESG

Symbol	Grade	Weight
NVDA	C	11.41%
GOOGL	C	3.28%
GOOG	C	2.71%
ABBV	D	0.94%
LIN	D	0.69%
PEP	F	0.69%
TMO	F	0.62%
ISRG	A	0.61%
DHR	F	0.48%
HON	B	0.47%
ETN	A	0.46%
COP	C	0.42%
PLD	D	0.34%
ADI	D	0.33%
UPS	C	0.31%
ANET	C	0.31%
EQIX	A	0.28%
PH	A	0.28%
APH	A	0.27%
MSI	B	0.26%
EOG	A	0.25%
REGN	F	0.25%
APD	A	0.23%
ORLY	B	0.22%
MMM	D	0.22%
CSX	B	0.21%
NSC	B	0.19%
FTNT	C	0.19%
ROP	B	0.19%
JCI	C	0.18%
FICO	B	0.18%
PWR	A	0.16%
FAST	B	0.15%
DHI	D	0.15%
CPRT	A	0.15%
COR	B	0.14%
AME	A	0.14%
KVUE	A	0.14%
ODFL	B	0.13%
HES	B	0.13%
IR	B	0.13%
VMC	B	0.12%
MNST	C	0.12%
MCHP	D	0.11%
NUE	C	0.11%
RMD	C	0.11%
MLM	B	0.11%
ANSS	B	0.1%
DXCM	D	0.1%
EFX	F	0.1%
GRMN	B	0.1%
AVB	B	0.1%
MPWR	F	0.09%
CHD	B	0.09%
HAL	C	0.09%
PPG	F	0.09%
ON	D	0.09%
KEYS	A	0.09%
HUBB	B	0.08%
DVN	F	0.08%
MTD	D	0.08%
EQR	B	0.08%
TYL	B	0.08%
VLTO	D	0.08%
PHM	D	0.08%
STLD	B	0.07%
STE	F	0.07%
WAT	B	0.07%
PKG	A	0.07%
PTC	A	0.07%
BIIB	F	0.07%
CDW	F	0.07%
MAA	B	0.06%
PODD	C	0.06%
FSLR	F	0.06%
CTRA	B	0.06%
LH	C	0.06%
BLDR	D	0.06%
JBHT	C	0.05%
VRSN	F	0.05%
ALGN	D	0.05%
AVY	D	0.05%
CF	B	0.05%
ULTA	F	0.05%
J	F	0.05%
GPC	D	0.05%
TER	D	0.05%
TRMB	B	0.05%
MOH	F	0.05%
INCY	C	0.04%
JNPR	F	0.04%
ALLE	D	0.04%
CHRW	C	0.04%
CPT	B	0.04%
ALB	C	0.04%
SWKS	F	0.04%
EPAM	C	0.04%
POOL	C	0.04%
ROL	B	0.04%
RL	B	0.03%
MOS	F	0.03%
ENPH	F	0.03%
AOS	F	0.03%
HSIC	B	0.03%
CRL	C	0.03%
PAYC	B	0.03%
TECH	D	0.03%
GNRC	B	0.03%
LW	C	0.03%
QRVO	F	0.02%
MHK	D	0.02%

SPUS Underweight 147 Positions Relative to ESG

Symbol	Grade	Weight
JPM	A	-3.38%
BRK.A	B	-3.02%
V	A	-2.11%
WMT	A	-1.82%
CVX	A	-1.36%
KO	D	-1.2%
MA	C	-1.06%
BAC	A	-1.03%
COST	B	-1.01%
IBM	C	-0.95%
GS	A	-0.92%
UNH	C	-0.91%
DIS	B	-0.81%
ORCL	B	-0.74%
BLK	C	-0.72%
SPGI	C	-0.65%
C	A	-0.64%
INTC	D	-0.53%
ADP	B	-0.5%
INTU	C	-0.48%
ICE	C	-0.44%
DE	A	-0.44%
VRTX	F	-0.4%
ELV	F	-0.39%
USB	A	-0.39%
BMY	B	-0.39%
AMT	D	-0.37%
PFE	D	-0.36%
APO	B	-0.35%
MCD	D	-0.35%
ZTS	D	-0.32%
WELL	A	-0.32%
GM	B	-0.32%
CAT	B	-0.31%
CI	F	-0.3%
PYPL	B	-0.29%
VZ	C	-0.28%
CVS	D	-0.28%
MAR	B	-0.28%
MMC	B	-0.27%
CMG	B	-0.27%
AON	A	-0.27%
CRWD	B	-0.26%
MS	A	-0.26%
CB	C	-0.26%
HLT	A	-0.25%
TRV	B	-0.24%
AFL	B	-0.23%
FLUT	A	-0.23%
BK	A	-0.23%
FDX	B	-0.22%
TFC	A	-0.21%
DUK	C	-0.21%
KR	B	-0.2%
MET	A	-0.2%
CBRE	B	-0.2%
AEP	D	-0.2%
SBUX	A	-0.19%
DFS	B	-0.18%
VICI	C	-0.17%
AJG	B	-0.16%
WTW	B	-0.15%
HIG	B	-0.14%
PEG	A	-0.14%
HUBS	A	-0.14%
SRE	A	-0.14%
MCO	B	-0.13%
EA	A	-0.13%
AWK	D	-0.13%
EIX	B	-0.13%
IRM	D	-0.13%
VRSK	A	-0.13%
NDAQ	A	-0.13%
HPE	B	-0.12%
IQV	D	-0.12%
YUM	B	-0.12%
MSCI	C	-0.12%
WDC	D	-0.11%
OMC	C	-0.1%
FDS	B	-0.1%
DOW	F	-0.1%
BR	A	-0.09%
PSA	D	-0.09%
LII	A	-0.09%
KHC	F	-0.09%
DOC	D	-0.08%
ETR	B	-0.08%
D	C	-0.08%
LNG	B	-0.08%
FITB	A	-0.08%
NU	C	-0.08%
CCEP	C	-0.08%
PFG	D	-0.08%
WSM	B	-0.08%
AIG	B	-0.08%
CCL	B	-0.08%
ALL	A	-0.08%
VTR	C	-0.07%
EXPE	B	-0.07%
STZ	D	-0.07%
GEN	B	-0.07%
XPO	B	-0.07%
BALL	D	-0.07%
STT	A	-0.07%
NVT	B	-0.06%
IPG	D	-0.06%
ESS	B	-0.06%
RF	A	-0.06%
ACM	A	-0.06%
HBAN	A	-0.06%
XEL	A	-0.06%
KEY	B	-0.05%
BURL	A	-0.05%
FANG	D	-0.05%
CMS	C	-0.05%
DOX	D	-0.05%
MRO	B	-0.05%
SUI	D	-0.05%
RPRX	D	-0.05%
ARE	D	-0.05%
LNT	A	-0.05%
ED	D	-0.05%
MRNA	F	-0.04%
DLTR	F	-0.04%
SWK	D	-0.04%
DPZ	C	-0.04%
BAX	D	-0.04%
NI	A	-0.04%
LVS	C	-0.04%
AES	F	-0.04%
SNAP	C	-0.04%
PPL	B	-0.04%
NRG	B	-0.04%
OC	A	-0.03%
CAG	D	-0.03%
LECO	B	-0.03%
BG	F	-0.03%
STX	D	-0.03%
TSN	B	-0.03%
OKTA	C	-0.02%
HST	C	-0.02%
SJM	D	-0.02%
DKS	C	-0.02%
RNR	C	-0.02%
AVTR	F	-0.02%
PSTG	D	-0.02%
DG	F	-0.02%