SPWO vs. NSI ETF Comparison

Comparison of SP Funds S&P World (ex-US) ETF (SPWO) to National Security Emerging Markets Index ETF (NSI)

SPWO

SP Funds S&P World (ex-US) ETF

SPWO Description

The Shariah World Index is designed to measure the performance of companies located in developed and emerging markets outside of the United States that pass rules-based screens for adherence to shariah investment guidelines, with a cap applied to ensure diversification among companies in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.32

Average Daily Volume

6,119

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NSI

National Security Emerging Markets Index ETF

NSI Description

The fund invests at least 80% of its total assets in component securities of the index. The index consists of stocks listed on globally recognized stock exchanges that excludes companies benefiting end-users that, in the view of the sponsor of the fund, National Security Index, LLC (the "Sponsor") pose a threat to the national security interests of the United States.

Grade (RS Rating)

Last Trade

$27.56

Average Daily Volume

884

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPWO	NSI
30 Days	-1.15%	-4.99%
60 Days	2.03%	2.75%
90 Days	9.89%	7.63%
12 Months

23 Overlapping Holdings

Symbol	Grade	Weight in SPWO	Weight in NSI	Overlap
ASR	F	0.11%	0.43%	0.11%
BEKE	A	0.29%	0.65%	0.29%
BGNE	C	0.31%	0.59%	0.31%
BZ	C	0.08%	0.26%	0.08%
CHT	D	0.32%	1.98%	0.32%
CPNG	B	0.23%	0.57%	0.23%
GFI	B	0.33%	0.42%	0.33%
GGB	F	0.09%	0.21%	0.09%
HTHT	B	0.11%	0.54%	0.11%
INFY	D	1.66%	1.18%	1.18%
KOF	F	0.09%	0.51%	0.09%
LI	C	0.34%	0.7%	0.34%
MMYT	A	0.12%	0.15%	0.12%
PAC	D	0.13%	0.44%	0.13%
PDD	C	1.79%	4.55%	1.79%
RDY	D	0.19%	0.88%	0.19%
SQM	D	0.11%	0.5%	0.11%
TSM	B	15.52%	12.07%	12.07%
UMC	F	0.37%	1.96%	0.37%
VALE	F	0.82%	1.03%	0.82%
VIPS	F	0.06%	0.53%	0.06%
WIT	B	0.19%	0.39%	0.19%
XPEV	B	0.13%	0.39%	0.13%

SPWO Overweight 32 Positions Relative to NSI

Symbol	Grade	Weight
NVO	F	2.69%
SAP	B	1.77%
AZN	F	1.74%
NVS	D	1.65%
JD	A	1.18%
UL	D	1.12%
BHP	C	1.04%
SNY	D	0.85%
SHOP	B	0.72%
ABBV	A	0.69%
RELX	C	0.66%
GSK	F	0.59%
RIO	B	0.51%
CNI	F	0.46%
WCN	D	0.35%
GOLD	C	0.27%
HLN	D	0.26%
WDS	F	0.23%
NOK	B	0.21%
ICLR	F	0.2%
ERIC	A	0.2%
SCCO	B	0.19%
CHKP	F	0.15%
ARM	B	0.12%
XRX	F	0.11%
JHX	F	0.11%
SNN	F	0.09%
CYBR	C	0.09%
WIX	B	0.07%
NICE	C	0.07%
PSO	A	0.06%
TS	A	0.05%

SPWO Underweight 65 Positions Relative to NSI

Symbol	Grade	Weight
HDB	B	-3.48%
IBN	A	-2.1%
ASX	C	-2.09%
MELI	A	-1.76%
PKX	F	-1.47%
NTES	F	-1.33%
KB	B	-1.26%
SHG	D	-1.22%
PBR	F	-1.14%
KT	A	-1.11%
WF	D	-1.11%
NU	C	-0.98%
TCOM	A	-0.98%
FMX	F	-0.87%
LPL	F	-0.85%
ZTO	C	-0.76%
SKM	D	-0.75%
KEP	A	-0.72%
ABEV	F	-0.7%
SSL	F	-0.68%
PHI	F	-0.67%
ITUB	F	-0.65%
TKC	F	-0.55%
YMM	B	-0.51%
QFIN	B	-0.47%
TLK	F	-0.4%
BCH	D	-0.4%
ENIC	C	-0.39%
BILI	A	-0.36%
XP	F	-0.36%
NIO	D	-0.36%
CIB	D	-0.33%
BBD	F	-0.33%
OMAB	F	-0.33%
HCM	C	-0.32%
TAL	B	-0.32%
YUMC	A	-0.31%
CX	F	-0.28%
IQ	C	-0.25%
HMY	B	-0.25%
SBSW	B	-0.24%
BSAC	D	-0.24%
BAP	B	-0.23%
VIST	B	-0.22%
ATHM	D	-0.22%
TGLS	B	-0.21%
FN	B	-0.21%
STNE	F	-0.17%
EBR	F	-0.17%
EC	F	-0.17%
SUZ	C	-0.17%
ASAI	F	-0.17%
ERJ	C	-0.15%
VIV	F	-0.14%
BVN	D	-0.14%
PAGS	F	-0.14%
CIG	D	-0.11%
BAK	F	-0.1%
UGP	F	-0.1%
BSBR	F	-0.1%
SBS	F	-0.1%
CSAN	F	-0.1%
ELP	F	-0.1%
BRFS	C	-0.1%
CRDO	A	-0.1%

NSI: Top Represented Industries & Keywords

Industries: Banks - Regional - Latin America Telecom Services Banks - Regional - Asia Internet Content & Information Airports & Air Services Auto Manufacturers Gold Oil & Gas Integrated Semiconductors Specialty Retail Utilities - Regulated Electric Beverages - Brewers Building Materials Chemicals Consumer Electronics Industrial Metals & Minerals Information Technology Services Leisure Oil & Gas Refining & Marketing Software - Application