SPUS vs. QARP ETF Comparison

Comparison of SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) to Xtrackers Russell 1000 US QARP ETF (QARP)

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

$41.30

Average Daily Volume

176,171

Number of Holdings ^*

230

* may have additional holdings in another (foreign) market

QARP

Xtrackers Russell 1000 US QARP ETF

QARP Description

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the Russell 1000 2Qual/Val 5% Capped Factor Index (the "underlying index"). The fund will invest at least 80% of its total assets (but typically far more) in component securities of the underlying index. The underlying index is designed to track the equity market performance of companies in the United States selected on the investment style criteria ("factors") of quality and value. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$51.90

Average Daily Volume

19,310

Number of Holdings ^*

344

* may have additional holdings in another (foreign) market

Performance

Period	SPUS	QARP
30 Days	1.12%	2.69%
60 Days	2.44%	3.89%
90 Days	2.15%	5.41%
12 Months	32.03%	24.09%

141 Overlapping Holdings

Symbol	Grade	Weight in SPUS	Weight in QARP	Overlap
A	C	0.14%	0.1%	0.1%
AAPL	C	11.01%	5.0%	5.0%
ABBV	C	1.2%	0.02%	0.02%
ABNB	D	0.18%	0.21%	0.18%
ABT	C	0.7%	0.23%	0.23%
ACN	C	0.74%	1.2%	0.74%
ADBE	F	0.88%	1.05%	0.88%
ADI	C	0.37%	0.09%	0.09%
ADM	D	0.1%	0.32%	0.1%
ADSK	C	0.19%	0.06%	0.06%
ALB	D	0.03%	0.02%	0.02%
ALGN	D	0.05%	0.05%	0.05%
AMAT	D	0.51%	0.78%	0.51%
AMD	D	0.77%	0.08%	0.08%
AMZN	C	5.55%	3.6%	3.6%
ANET	B	0.28%	0.11%	0.11%
AOS	D	0.03%	0.07%	0.03%
APTV	D	0.06%	0.06%	0.06%
AZO	D	0.18%	0.36%	0.18%
BBY	C	0.07%	0.26%	0.07%
BIIB	F	0.1%	0.02%	0.02%
BKNG	C	0.44%	0.65%	0.44%
BKR	C	0.12%	0.08%	0.08%
BLDR	C	0.07%	0.17%	0.07%
CAH	C	0.09%	0.4%	0.09%
CDNS	D	0.24%	0.02%	0.02%
CDW	D	0.1%	0.02%	0.02%
CF	C	0.05%	0.12%	0.05%
CHRW	B	0.04%	0.06%	0.04%
CL	D	0.3%	0.26%	0.26%
CLX	C	0.07%	0.07%	0.07%
CMI	C	0.14%	0.23%	0.14%
COP	D	0.43%	0.76%	0.43%
CPRT	D	0.15%	0.06%	0.06%
CSCO	C	0.68%	1.77%	0.68%
CSX	D	0.23%	0.07%	0.07%
CTAS	B	0.24%	0.08%	0.08%
CTRA	D	0.06%	0.1%	0.06%
CTSH	C	0.13%	0.3%	0.13%
CTVA	B	0.13%	0.02%	0.02%
DD	B	0.11%	0.02%	0.02%
DECK	C	0.08%	0.12%	0.08%
DGX	B	0.06%	0.03%	0.03%
DHI	B	0.19%	0.37%	0.19%
DVN	F	0.09%	0.18%	0.09%
EBAY	B	0.1%	0.09%	0.09%
EL	F	0.07%	0.03%	0.03%
EOG	D	0.24%	0.47%	0.24%
EPAM	F	0.04%	0.04%	0.04%
EW	F	0.14%	0.06%	0.06%
EXPD	C	0.06%	0.14%	0.06%
EXPE	C	0.06%	0.13%	0.06%
FANG	D	0.11%	0.19%	0.11%
FAST	C	0.13%	0.19%	0.13%
FCX	D	0.2%	0.04%	0.04%
FFIV	B	0.04%	0.05%	0.04%
FICO	B	0.15%	0.06%	0.06%
FTNT	C	0.16%	0.18%	0.16%
GEHC	C	0.12%	0.15%	0.12%
GILD	B	0.34%	0.31%	0.31%
GIS	B	0.15%	0.11%	0.11%
GOOG	D	2.53%	1.92%	1.92%
GOOGL	D	3.02%	2.12%	2.12%
GPC	D	0.07%	0.08%	0.07%
GRMN	D	0.1%	0.14%	0.1%
GWW	B	0.15%	0.24%	0.15%
HAL	F	0.09%	0.06%	0.06%
HD	B	1.25%	1.94%	1.25%
HOLX	B	0.07%	0.05%	0.05%
HPQ	D	0.1%	0.08%	0.08%
HSY	C	0.1%	0.1%	0.1%
INCY	C	0.03%	0.06%	0.03%
ISRG	B	0.59%	0.17%	0.17%
ITW	C	0.23%	0.31%	0.23%
J	C	0.06%	0.04%	0.04%
JBHT	D	0.05%	0.05%	0.05%
JBL	D	0.04%	0.05%	0.04%
JNJ	C	1.39%	2.71%	1.39%
JNPR	B	0.04%	0.04%	0.04%
K	B	0.07%	0.06%	0.06%
KEYS	C	0.09%	0.12%	0.09%
KLAC	D	0.33%	0.2%	0.2%
KMB	D	0.17%	0.18%	0.17%
KVUE	C	0.15%	0.21%	0.15%
LKQ	F	0.04%	0.03%	0.03%
LLY	C	2.5%	0.04%	0.04%
LOW	B	0.48%	0.76%	0.48%
LRCX	F	0.33%	0.46%	0.33%
LULU	D	0.1%	0.14%	0.1%
MAS	B	0.06%	0.08%	0.06%
MCHP	F	0.14%	0.04%	0.04%
MCK	F	0.23%	1.01%	0.23%
META	B	3.82%	4.8%	3.82%
MHK	C	0.03%	0.03%	0.03%
MMM	B	0.25%	0.12%	0.12%
MNST	D	0.12%	0.14%	0.12%
MOH	D	0.06%	0.07%	0.06%
MOS	F	0.03%	0.04%	0.03%
MRK	D	1.01%	0.4%	0.4%
MSFT	C	10.42%	2.12%	2.12%
MTD	D	0.1%	0.11%	0.1%
MU	F	0.33%	0.32%	0.32%
NKE	D	0.33%	0.34%	0.33%
NTAP	D	0.08%	0.06%	0.06%
NUE	F	0.12%	0.37%	0.12%
NVDA	D	9.05%	0.14%	0.14%
ODFL	D	0.12%	0.17%	0.12%
ON	D	0.1%	0.05%	0.05%
ORLY	C	0.22%	0.37%	0.22%
OTIS	C	0.13%	0.04%	0.04%
PAYC	D	0.03%	0.03%	0.03%
PG	C	1.44%	1.51%	1.44%
PHM	B	0.1%	0.23%	0.1%
PKG	B	0.06%	0.05%	0.05%
POOL	C	0.05%	0.06%	0.05%
PWR	B	0.13%	0.05%	0.05%
QCOM	D	0.62%	0.27%	0.27%
REGN	C	0.42%	0.4%	0.4%
RL	C	0.02%	0.05%	0.02%
ROK	D	0.1%	0.09%	0.09%
ROL	C	0.05%	0.03%	0.03%
ROST	C	0.17%	0.29%	0.17%
SLB	F	0.2%	0.14%	0.14%
STLD	F	0.06%	0.2%	0.06%
SWKS	D	0.06%	0.1%	0.06%
TER	D	0.07%	0.04%	0.04%
TGT	C	0.24%	0.41%	0.24%
TJX	B	0.46%	0.85%	0.46%
TSCO	C	0.1%	0.16%	0.1%
TSLA	C	2.07%	0.58%	0.58%
TT	B	0.27%	0.07%	0.07%
TXN	C	0.63%	0.38%	0.38%
ULTA	D	0.06%	0.16%	0.06%
UNP	C	0.53%	0.14%	0.14%
UPS	D	0.32%	0.42%	0.32%
VLO	F	0.15%	0.18%	0.15%
VRSN	D	0.05%	0.06%	0.05%
WAT	C	0.07%	0.03%	0.03%
WST	D	0.08%	0.08%	0.08%
WY	C	0.08%	0.08%	0.08%
XOM	C	1.78%	3.11%	1.78%

SPUS Overweight 89 Positions Relative to QARP

Symbol	Grade	Weight
AVGO	C	2.12%
PEP	C	0.85%
TMO	B	0.82%
CRM	D	0.82%
LIN	B	0.77%
DHR	B	0.62%
NOW	B	0.6%
UBER	C	0.5%
HON	D	0.46%
MDT	C	0.42%
PLD	C	0.42%
BSX	B	0.42%
SYK	C	0.42%
ETN	C	0.4%
PANW	D	0.38%
MDLZ	B	0.35%
SHW	B	0.29%
EQIX	C	0.27%
PH	B	0.26%
WM	D	0.26%
APH	D	0.25%
MSI	B	0.25%
BDX	D	0.24%
SNPS	D	0.24%
ECL	B	0.22%
APD	B	0.21%
EMR	D	0.2%
NSC	C	0.2%
NEM	B	0.2%
NXPI	F	0.2%
ROP	C	0.2%
CEG	C	0.19%
JCI	B	0.16%
TEL	D	0.15%
IDXX	C	0.14%
MPWR	C	0.14%
RSG	D	0.14%
RMD	C	0.13%
EFX	B	0.13%
AME	C	0.13%
IT	B	0.13%
KDP	B	0.13%
IR	C	0.12%
HES	F	0.12%
VMC	D	0.11%
MLM	D	0.11%
XYL	C	0.11%
GLW	C	0.11%
AVB	B	0.11%
CSGP	D	0.11%
DXCM	F	0.1%
WAB	B	0.1%
PPG	D	0.1%
TYL	C	0.09%
FTV	C	0.09%
CHD	D	0.09%
EQR	B	0.09%
ANSS	D	0.09%
FSLR	C	0.08%
VLTO	C	0.08%
STE	C	0.08%
DOV	B	0.08%
PTC	D	0.07%
HUBB	B	0.07%
SMCI	F	0.07%
MKC	C	0.07%
ZBH	F	0.07%
ZBRA	B	0.06%
AVY	C	0.06%
MAA	B	0.06%
TRMB	C	0.05%
NDSN	C	0.05%
ENPH	D	0.05%
PNR	B	0.05%
AKAM	D	0.05%
IEX	D	0.05%
PODD	B	0.05%
TECH	C	0.04%
TFX	C	0.04%
ALLE	B	0.04%
CPT	B	0.04%
GNRC	D	0.03%
HSIC	C	0.03%
LW	D	0.03%
CRL	F	0.03%
QRVO	F	0.03%
ETSY	F	0.02%
WBA	F	0.02%
BIO	C	0.02%

SPUS Underweight 203 Positions Relative to QARP

Symbol	Grade	Weight
BRK.A	C	-5.43%
WMT	C	-2.86%
UNH	C	-2.48%
COST	B	-2.39%
V	C	-1.81%
MA	B	-1.57%
CVX	D	-1.39%
CMCSA	D	-0.82%
LMT	C	-0.81%
VZ	B	-0.74%
T	C	-0.72%
ELV	C	-0.67%
MO	C	-0.65%
CI	C	-0.64%
CAT	B	-0.61%
MMC	C	-0.61%
PFE	C	-0.59%
PM	C	-0.58%
BMY	C	-0.55%
SBUX	C	-0.51%
LEN	B	-0.45%
MCD	B	-0.41%
HUM	F	-0.4%
SYY	D	-0.37%
PSA	B	-0.35%
MCO	B	-0.35%
FDX	C	-0.34%
AON	B	-0.33%
HCA	B	-0.32%
CNC	D	-0.3%
MPC	F	-0.28%
KR	C	-0.28%
PYPL	B	-0.28%
ACGL	C	-0.28%
DE	B	-0.25%
TROW	D	-0.23%
NVR	B	-0.23%
VRTX	D	-0.22%
MSCI	C	-0.22%
PCAR	D	-0.21%
GM	C	-0.21%
ADP	B	-0.21%
SPG	B	-0.2%
CVS	D	-0.2%
URI	B	-0.2%
EA	D	-0.19%
PAYX	C	-0.19%
DAL	C	-0.16%
WSM	D	-0.16%
RS	D	-0.15%
LPLA	D	-0.14%
DRI	B	-0.13%
FCNCA	D	-0.13%
GEV	B	-0.13%
COF	B	-0.13%
MTG	B	-0.12%
CHTR	D	-0.12%
VST	C	-0.12%
EME	B	-0.12%
CASY	D	-0.12%
PSX	F	-0.12%
MAR	C	-0.11%
LYB	D	-0.11%
MRO	C	-0.11%
SOLV	C	-0.11%
OC	D	-0.11%
FDS	C	-0.1%
CPNG	B	-0.1%
UTHR	C	-0.1%
DKS	D	-0.1%
LUV	C	-0.1%
SNA	C	-0.1%
BJ	D	-0.1%
CMG	C	-0.1%
SYF	C	-0.1%
MRNA	F	-0.1%
AMG	C	-0.09%
CBRE	A	-0.09%
CINF	B	-0.09%
EVR	A	-0.09%
HRB	C	-0.09%
TPR	C	-0.09%
SPGI	B	-0.08%
DOW	D	-0.08%
CBOE	C	-0.08%
VICI	C	-0.08%
GGG	C	-0.07%
LYV	B	-0.07%
INTC	F	-0.07%
SKX	D	-0.07%
DOX	C	-0.07%
WSO	C	-0.07%
TOL	B	-0.07%
PFGC	B	-0.07%
DLTR	F	-0.07%
ATO	B	-0.07%
ACI	F	-0.06%
MUSA	D	-0.06%
YUM	D	-0.06%
RNR	C	-0.06%
AGCO	D	-0.06%
PGR	B	-0.06%
UAL	C	-0.06%
UHS	B	-0.06%
EG	C	-0.06%
BWA	D	-0.06%
SEIC	C	-0.06%
RHI	D	-0.06%
OXY	F	-0.06%
AYI	B	-0.06%
TXT	D	-0.06%
LNG	C	-0.06%
FND	C	-0.05%
LEA	F	-0.05%
CHRD	F	-0.05%
CSL	B	-0.05%
EXP	B	-0.05%
CLF	F	-0.05%
BX	B	-0.05%
TXRH	C	-0.05%
BLD	D	-0.05%
MGM	F	-0.05%
JKHY	B	-0.05%
LSTR	D	-0.05%
CHK	D	-0.05%
MKTX	C	-0.05%
ALK	C	-0.04%
CE	F	-0.04%
CNP	C	-0.04%
LVS	D	-0.04%
LECO	F	-0.04%
CNM	F	-0.04%
NYT	C	-0.04%
KNSL	C	-0.04%
AMCR	B	-0.04%
IP	B	-0.04%
ARMK	B	-0.04%
DBX	D	-0.04%
SAIA	D	-0.04%
CHE	C	-0.04%
ORCL	C	-0.04%
TSN	C	-0.04%
COKE	C	-0.04%
GNTX	F	-0.04%
DCI	C	-0.04%
INGR	B	-0.04%
BURL	B	-0.04%
ITT	B	-0.04%
PINC	C	-0.03%
G	C	-0.03%
SSD	D	-0.03%
CPB	C	-0.03%
TTEK	C	-0.03%
OLN	D	-0.03%
OVV	F	-0.03%
LOPE	D	-0.03%
EXEL	C	-0.03%
WTW	C	-0.03%
KNX	C	-0.03%
THO	D	-0.03%
MSM	D	-0.03%
FOXA	B	-0.03%
HII	D	-0.03%
PVH	F	-0.03%
GAP	F	-0.03%
AAL	D	-0.03%
SJM	C	-0.03%
DPZ	F	-0.03%
VVV	D	-0.03%
X	F	-0.03%
ALSN	B	-0.03%
PII	D	-0.03%
FCN	D	-0.03%
AMGN	B	-0.03%
HLI	B	-0.03%
GLPI	C	-0.03%
LAMR	B	-0.03%
HST	C	-0.03%
COIN	F	-0.03%
TAP	D	-0.03%
CROX	D	-0.03%
CCL	C	-0.03%
MEDP	F	-0.03%
WBD	D	-0.03%
RPRX	C	-0.03%
WYNN	D	-0.03%
ACM	B	-0.03%
CRUS	D	-0.03%
LPX	B	-0.03%
OSK	F	-0.03%
FIX	B	-0.03%
USFD	B	-0.03%
BBWI	F	-0.02%
AR	F	-0.02%
JHG	B	-0.02%
DINO	F	-0.02%
MTZ	B	-0.02%
FIVE	D	-0.02%
NEU	D	-0.02%
M	F	-0.02%
APA	F	-0.02%
RLI	B	-0.02%
IWB	B	-0.0%