SPUS vs. GARP ETF Comparison

Comparison of SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) to iShares MSCI USA Quality GARP ETF (GARP)

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

GARP

iShares MSCI USA Quality GARP ETF

GARP Description

Grade (RS Rating)

Last Trade

$55.46

Average Daily Volume

47,444

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	SPUS	GARP
30 Days	2.04%	3.80%
60 Days	5.49%	7.18%
90 Days	5.87%	7.38%
12 Months	32.30%	43.38%

62 Overlapping Holdings

Symbol	Grade	Weight in SPUS	Weight in GARP	Overlap
AAPL	C	11.03%	4.83%	4.83%
ADBE	C	0.7%	4.24%	0.7%
ADSK	B	0.2%	0.21%	0.2%
AMAT	F	0.49%	3.06%	0.49%
AMD	F	0.74%	1.51%	0.74%
AMZN	A	5.98%	1.36%	1.36%
ANET	C	0.33%	0.36%	0.33%
APTV	F	0.05%	0.31%	0.05%
AVGO	C	2.56%	5.08%	2.56%
AZO	B	0.16%	0.14%	0.14%
BKNG	A	0.52%	0.5%	0.5%
CDNS	B	0.26%	0.26%	0.26%
CPRT	A	0.15%	0.47%	0.15%
CRM	B	0.94%	1.9%	0.94%
CTRA	B	0.06%	0.25%	0.06%
DECK	B	0.08%	0.51%	0.08%
DVN	F	0.08%	0.22%	0.08%
DXCM	C	0.09%	0.08%	0.08%
ENPH	F	0.04%	0.08%	0.04%
EXPE	B	0.07%	0.31%	0.07%
FCX	F	0.22%	0.1%	0.1%
FICO	B	0.15%	0.16%	0.15%
FTNT	B	0.16%	0.17%	0.16%
GOOG	C	2.68%	0.93%	0.93%
GOOGL	C	3.24%	3.13%	3.13%
GWW	B	0.16%	1.01%	0.16%
HAL	C	0.08%	0.37%	0.08%
HES	B	0.13%	0.17%	0.13%
IDXX	F	0.11%	0.7%	0.11%
INCY	B	0.04%	0.04%	0.04%
IT	B	0.13%	0.13%	0.13%
JBL	C	0.05%	0.1%	0.05%
KLAC	F	0.29%	4.04%	0.29%
LLY	F	2.08%	2.85%	2.08%
LRCX	F	0.32%	1.98%	0.32%
LULU	B	0.12%	0.74%	0.12%
LW	B	0.04%	0.05%	0.04%
MCK	B	0.22%	0.2%	0.2%
META	B	4.0%	4.44%	4.0%
MOH	F	0.06%	0.06%	0.06%
MPWR	F	0.12%	0.12%	0.12%
MRK	F	0.84%	2.25%	0.84%
MSFT	C	9.92%	4.74%	4.74%
NOW	A	0.64%	0.66%	0.64%
NUE	D	0.11%	0.3%	0.11%
NVDA	A	10.94%	5.39%	5.39%
NXPI	F	0.2%	0.38%	0.2%
ODFL	B	0.13%	0.83%	0.13%
ORLY	A	0.22%	0.1%	0.1%
PANW	B	0.38%	0.39%	0.38%
PAYC	B	0.03%	0.23%	0.03%
PODD	B	0.05%	0.05%	0.05%
PTC	B	0.07%	0.15%	0.07%
QCOM	F	0.6%	1.22%	0.6%
SHW	A	0.28%	0.66%	0.28%
SLB	C	0.19%	0.42%	0.19%
SMCI	F	0.04%	0.1%	0.04%
SNPS	C	0.26%	0.26%	0.26%
STLD	C	0.06%	0.3%	0.06%
TSLA	B	2.2%	5.26%	2.2%
UBER	F	0.5%	0.2%	0.2%
ULTA	C	0.06%	0.37%	0.06%

SPUS Overweight 163 Positions Relative to GARP

Symbol	Grade	Weight
XOM	B	1.72%
PG	C	1.28%
HD	B	1.28%
JNJ	D	1.25%
ABBV	F	1.16%
PEP	D	0.75%
CSCO	A	0.73%
LIN	D	0.72%
ACN	B	0.7%
TMO	F	0.69%
ABT	C	0.67%
TXN	B	0.61%
ISRG	A	0.59%
DHR	F	0.52%
LOW	B	0.49%
UNP	D	0.46%
HON	B	0.44%
ETN	B	0.43%
TJX	A	0.42%
BSX	A	0.41%
SYK	A	0.41%
COP	C	0.41%
MU	D	0.37%
MDT	D	0.37%
ADI	D	0.36%
GILD	B	0.36%
PLD	D	0.34%
UPS	C	0.32%
MDLZ	F	0.3%
NKE	F	0.3%
REGN	F	0.29%
TT	B	0.28%
EQIX	B	0.28%
PH	A	0.27%
APH	B	0.27%
WM	A	0.26%
MSI	B	0.25%
CL	F	0.25%
MMM	C	0.23%
TGT	C	0.23%
EOG	A	0.23%
CEG	D	0.23%
CTAS	B	0.23%
ITW	B	0.23%
BDX	F	0.22%
APD	B	0.22%
EMR	A	0.21%
CSX	B	0.21%
ECL	C	0.2%
ROP	A	0.19%
NSC	B	0.18%
NEM	F	0.17%
JCI	A	0.16%
DHI	D	0.16%
CMI	A	0.15%
PWR	B	0.15%
FAST	B	0.15%
KMB	D	0.15%
ROST	D	0.15%
VLO	C	0.14%
AME	A	0.14%
CTVA	C	0.14%
KVUE	A	0.14%
GEHC	D	0.13%
OTIS	D	0.13%
MCHP	F	0.13%
EW	F	0.13%
A	F	0.13%
COR	B	0.13%
RSG	B	0.13%
VMC	B	0.12%
MLM	B	0.12%
RMD	C	0.12%
GLW	B	0.12%
CTSH	A	0.12%
GIS	F	0.12%
BKR	B	0.12%
IR	A	0.12%
MNST	B	0.12%
EFX	F	0.11%
WAB	B	0.11%
DD	D	0.11%
KDP	C	0.11%
HPQ	B	0.11%
XYL	F	0.1%
EBAY	C	0.1%
ON	F	0.1%
ROK	B	0.1%
GRMN	A	0.1%
AVB	B	0.1%
HSY	F	0.09%
ADM	F	0.09%
PHM	D	0.09%
KEYS	C	0.09%
CAH	B	0.09%
MTD	F	0.09%
ANSS	B	0.09%
TSCO	D	0.09%
PPG	F	0.09%
WY	F	0.08%
WAT	B	0.08%
NTAP	D	0.08%
EQR	C	0.08%
FTV	C	0.08%
CHD	A	0.08%
BIIB	F	0.08%
VLTO	D	0.08%
CDW	F	0.08%
TYL	B	0.08%
DOV	A	0.08%
BLDR	C	0.07%
CLX	A	0.07%
PKG	B	0.07%
K	A	0.07%
ZBH	C	0.07%
STE	D	0.07%
HUBB	C	0.07%
FSLR	F	0.07%
WST	B	0.07%
EXPD	C	0.06%
TER	F	0.06%
DGX	B	0.06%
J	D	0.06%
MAA	C	0.06%
MAS	D	0.06%
BBY	C	0.06%
LH	B	0.06%
ZBRA	B	0.06%
HOLX	D	0.06%
MKC	D	0.06%
SWKS	F	0.05%
JBHT	C	0.05%
VRSN	C	0.05%
ALGN	D	0.05%
TRMB	B	0.05%
AKAM	F	0.05%
EL	F	0.05%
CF	B	0.05%
GPC	D	0.05%
PNR	A	0.05%
AVY	F	0.05%
IEX	B	0.05%
ALB	C	0.04%
TECH	D	0.04%
ALLE	D	0.04%
CHRW	A	0.04%
CPT	C	0.04%
JNPR	D	0.04%
FFIV	B	0.04%
NDSN	B	0.04%
ROL	C	0.04%
POOL	D	0.04%
RL	B	0.03%
MOS	D	0.03%
AOS	F	0.03%
HSIC	F	0.03%
CRL	C	0.03%
TFX	F	0.03%
LKQ	C	0.03%
GNRC	B	0.03%
EPAM	B	0.03%
QRVO	F	0.02%
MHK	D	0.02%

SPUS Underweight 83 Positions Relative to GARP

Symbol	Grade	Weight
MA	B	-4.29%
V	A	-2.02%
ORCL	A	-1.88%
GE	D	-1.68%
PGR	A	-1.27%
INTU	A	-1.14%
ABNB	C	-0.89%
CMG	B	-0.79%
RCL	A	-0.75%
AMP	A	-0.74%
MELI	D	-0.7%
FLUT	A	-0.59%
APO	B	-0.53%
GS	B	-0.51%
NFLX	A	-0.49%
AXP	B	-0.47%
HWM	B	-0.4%
VRTX	B	-0.38%
MANH	C	-0.38%
GEV	B	-0.37%
TMUS	A	-0.36%
VRT	B	-0.35%
DASH	A	-0.35%
WSM	F	-0.35%
WDAY	B	-0.34%
PLTR	B	-0.34%
ACGL	C	-0.32%
EQT	B	-0.31%
LII	B	-0.29%
DELL	C	-0.25%
KKR	B	-0.25%
TPL	B	-0.24%
CRWD	B	-0.23%
APP	B	-0.22%
CPAY	A	-0.2%
APA	F	-0.18%
LPLA	A	-0.18%
GDDY	B	-0.16%
AMT	F	-0.15%
MRO	B	-0.14%
KNX	C	-0.13%
DKNG	B	-0.12%
BURL	C	-0.12%
TEAM	B	-0.12%
SQ	B	-0.12%
TDG	D	-0.11%
IQV	F	-0.11%
DDOG	B	-0.11%
H	B	-0.1%
DOCU	B	-0.1%
DT	C	-0.1%
DOW	F	-0.1%
ENTG	F	-0.1%
PSTG	D	-0.1%
DAL	A	-0.09%
HLT	A	-0.09%
CE	F	-0.09%
FANG	C	-0.09%
VEEV	B	-0.09%
SBAC	D	-0.07%
TRGP	B	-0.06%
ZS	B	-0.06%
WBD	B	-0.06%
MKL	A	-0.06%
LNG	B	-0.06%
AXON	B	-0.05%
ALNY	D	-0.05%
ARES	B	-0.05%
COIN	B	-0.05%
NBIX	C	-0.04%
FWONK	A	-0.03%
MRNA	F	-0.03%
MGM	D	-0.03%
ALLY	C	-0.03%
LYV	A	-0.03%
PINS	F	-0.03%
NRG	C	-0.03%
CTLT	D	-0.03%
OVV	C	-0.03%
IOT	B	-0.03%
SNAP	C	-0.02%
DVA	C	-0.02%
CELH	F	-0.01%