SPUS vs. SPRX ETF Comparison

Comparison of SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) to Spear Alpha ETF (SPRX)

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

SPRX

Spear Alpha ETF

SPRX Description

SPRX invests in companies that are poised to benefit from breakthrough trends in industrial technology. The fund’s objective is to find underappreciated opportunities across different industrial supply chains that are beneficiaries of the secular themes discussed below: Environmental Focus and Decarbonization Manufacturing Digitalization Automation & Robotics Photonics and Additive Manufacturing Space Exploration Artificial Intelligence (AI) SPRX is an actively managed ETF that seeks long-term capital growth by investing in US listed securities (including American depositary receipts "ADRs") of industrial and technology companies relevant to the Fund’s investment themes and the ecosystem around them. SPRX invests in both “growth”, defined as companies with high and underappreciated growth prospects, and “value”, defined as opportunities that are undervalued based on an assessment of the underlying fundamentals.

Grade (RS Rating)

Last Trade

$26.43

Average Daily Volume

21,769

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPUS	SPRX
30 Days	1.91%	11.28%
60 Days	2.94%	16.53%
90 Days	3.81%	15.66%
12 Months	29.89%	42.23%

10 Overlapping Holdings

Symbol	Grade	Weight in SPUS	Weight in SPRX	Overlap
AMD	F	0.71%	0.7%	0.7%
ANET	C	0.31%	4.27%	0.31%
APH	A	0.27%	1.37%	0.27%
CEG	D	0.23%	4.89%	0.23%
MU	D	0.35%	0.42%	0.35%
NVDA	C	11.41%	14.04%	11.41%
PANW	C	0.4%	0.19%	0.19%
ROK	B	0.1%	0.0%	0.0%
TER	D	0.05%	4.89%	0.05%
TSLA	B	3.02%	7.49%	3.02%

SPUS Overweight 213 Positions Relative to SPRX

Symbol	Grade	Weight
AAPL	C	11.07%
MSFT	F	9.82%
AMZN	C	6.03%
META	D	3.93%
GOOGL	C	3.28%
GOOG	C	2.71%
AVGO	D	2.42%
LLY	F	1.89%
XOM	B	1.7%
PG	A	1.28%
HD	A	1.26%
JNJ	D	1.17%
CRM	B	1.0%
ABBV	D	0.94%
MRK	F	0.79%
CSCO	B	0.74%
ACN	C	0.71%
ADBE	C	0.7%
LIN	D	0.69%
PEP	F	0.69%
NOW	A	0.67%
ABT	B	0.64%
TMO	F	0.62%
ISRG	A	0.61%
TXN	C	0.58%
QCOM	F	0.55%
BKNG	A	0.53%
DHR	F	0.48%
LOW	D	0.48%
HON	B	0.47%
ETN	A	0.46%
UBER	D	0.46%
AMAT	F	0.45%
UNP	C	0.45%
TJX	A	0.43%
COP	C	0.42%
SYK	C	0.42%
BSX	B	0.42%
GILD	C	0.35%
PLD	D	0.34%
MDT	D	0.34%
ADI	D	0.33%
UPS	C	0.31%
TT	A	0.3%
LRCX	F	0.29%
EQIX	A	0.28%
NKE	D	0.28%
PH	A	0.28%
MDLZ	F	0.27%
SHW	A	0.27%
MCK	B	0.26%
MSI	B	0.26%
KLAC	D	0.26%
SNPS	B	0.26%
CDNS	B	0.26%
EOG	A	0.25%
REGN	F	0.25%
WM	A	0.25%
EMR	A	0.24%
CTAS	B	0.24%
CL	D	0.24%
ITW	B	0.23%
APD	A	0.23%
ORLY	B	0.22%
MMM	D	0.22%
ADSK	A	0.21%
CSX	B	0.21%
SLB	C	0.2%
FCX	D	0.2%
BDX	F	0.2%
NSC	B	0.19%
FTNT	C	0.19%
ROP	B	0.19%
ECL	D	0.19%
JCI	C	0.18%
NXPI	D	0.18%
TGT	F	0.18%
FICO	B	0.18%
AZO	C	0.17%
GWW	B	0.17%
PWR	A	0.16%
NEM	D	0.16%
CMI	A	0.16%
KMB	D	0.15%
ROST	C	0.15%
FAST	B	0.15%
DHI	D	0.15%
CPRT	A	0.15%
COR	B	0.14%
RSG	A	0.14%
BKR	B	0.14%
AME	A	0.14%
VLO	C	0.14%
KVUE	A	0.14%
IT	C	0.13%
OTIS	C	0.13%
ODFL	B	0.13%
CTVA	C	0.13%
HES	B	0.13%
IR	B	0.13%
EW	C	0.13%
GLW	B	0.12%
VMC	B	0.12%
A	D	0.12%
MNST	C	0.12%
CTSH	B	0.12%
GEHC	F	0.12%
WAB	B	0.11%
DD	D	0.11%
IDXX	F	0.11%
MCHP	D	0.11%
NUE	C	0.11%
LULU	C	0.11%
RMD	C	0.11%
GIS	D	0.11%
MLM	B	0.11%
HPQ	B	0.11%
KDP	D	0.11%
ANSS	B	0.1%
DXCM	D	0.1%
EFX	F	0.1%
GRMN	B	0.1%
AVB	B	0.1%
DECK	A	0.09%
DOV	A	0.09%
MPWR	F	0.09%
CHD	B	0.09%
HAL	C	0.09%
PPG	F	0.09%
ON	D	0.09%
KEYS	A	0.09%
TSCO	D	0.09%
CAH	B	0.09%
EBAY	D	0.09%
XYL	D	0.09%
HUBB	B	0.08%
DVN	F	0.08%
MTD	D	0.08%
EQR	B	0.08%
NTAP	C	0.08%
ADM	D	0.08%
TYL	B	0.08%
HSY	F	0.08%
VLTO	D	0.08%
FTV	C	0.08%
PHM	D	0.08%
STLD	B	0.07%
CLX	B	0.07%
STE	F	0.07%
WAT	B	0.07%
K	A	0.07%
PKG	A	0.07%
ZBH	C	0.07%
WY	D	0.07%
WST	C	0.07%
PTC	A	0.07%
BIIB	F	0.07%
CDW	F	0.07%
HOLX	D	0.06%
MAA	B	0.06%
PODD	C	0.06%
MKC	D	0.06%
FSLR	F	0.06%
ZBRA	B	0.06%
CTRA	B	0.06%
LH	C	0.06%
BLDR	D	0.06%
JBL	B	0.05%
JBHT	C	0.05%
EL	F	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%
EXPD	D	0.05%
MAS	D	0.05%
GPC	D	0.05%
IEX	B	0.05%
BBY	D	0.05%
TRMB	B	0.05%
PNR	A	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%
SMCI	F	0.04%
SWKS	F	0.04%
AKAM	D	0.04%
EPAM	C	0.04%
NDSN	B	0.04%
POOL	C	0.04%
ROL	B	0.04%
APTV	D	0.04%
FFIV	B	0.04%
RL	B	0.03%
MOS	F	0.03%
ENPH	F	0.03%
AOS	F	0.03%
TFX	F	0.03%
HSIC	B	0.03%
CRL	C	0.03%
LKQ	D	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 17 Positions Relative to SPRX

Symbol	Grade	Weight
S	B	-8.89%
MRVL	B	-7.27%
ZS	C	-6.94%
NET	B	-6.01%
SNOW	C	-5.37%
DDOG	A	-5.25%
CRDO	B	-3.23%
SHOP	B	-2.48%
CFLT	B	-2.4%
WOLF	F	-2.28%
GTLB	B	-2.18%
COHR	B	-1.99%
GEV	B	-1.17%
CRWD	B	-1.09%
NRG	B	-0.78%
AMKR	D	-0.6%
RIO	D	-0.0%