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

$22.35

Average Daily Volume

6,706

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

$26.58

Average Daily Volume

1,128

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPWO	NSI
30 Days	-4.01%	-4.52%
60 Days	-1.39%	-1.18%
90 Days	-2.52%	-1.96%
12 Months

23 Overlapping Holdings

Symbol	Grade	Weight in SPWO	Weight in NSI	Overlap
ASR	D	0.1%	0.46%	0.1%
BEKE	D	0.31%	0.67%	0.31%
BGNE	D	0.29%	0.54%	0.29%
BZ	F	0.07%	0.24%	0.07%
CHT	D	0.36%	2.09%	0.36%
CPNG	D	0.2%	0.56%	0.2%
GFI	D	0.3%	0.38%	0.3%
GGB	C	0.09%	0.24%	0.09%
HTHT	D	0.1%	0.53%	0.1%
INFY	B	1.68%	1.22%	1.22%
KOF	F	0.08%	0.49%	0.08%
LI	F	0.31%	0.59%	0.31%
MMYT	B	0.11%	0.16%	0.11%
PAC	B	0.13%	0.5%	0.13%
PDD	F	1.82%	4.57%	1.82%
RDY	F	0.16%	0.86%	0.16%
SQM	F	0.1%	0.5%	0.1%
TSM	B	16.44%	11.76%	11.76%
UMC	F	0.37%	1.85%	0.37%
VALE	F	0.81%	0.99%	0.81%
VIPS	F	0.12%	0.53%	0.12%
WIT	A	0.18%	0.43%	0.18%
XPEV	C	0.14%	0.46%	0.14%

SPWO Overweight 32 Positions Relative to NSI

Symbol	Grade	Weight
NVO	D	2.44%
SAP	B	1.85%
NVS	D	1.58%
AZN	D	1.5%
UL	D	1.18%
JD	D	1.15%
SHOP	B	1.06%
BHP	F	1.04%
SNY	F	0.86%
ABBV	D	0.76%
RELX	C	0.7%
GSK	F	0.58%
RIO	D	0.55%
CNI	D	0.5%
WCN	A	0.4%
HLN	D	0.27%
GOLD	D	0.21%
WDS	D	0.21%
NOK	D	0.19%
ERIC	B	0.18%
SCCO	F	0.16%
CHKP	D	0.12%
ICLR	D	0.12%
XRX	F	0.11%
JHX	C	0.11%
ARM	D	0.1%
CYBR	B	0.09%
NICE	C	0.07%
WIX	B	0.07%
SNN	D	0.07%
PSO	B	0.06%
TS	B	0.05%

SPWO Underweight 65 Positions Relative to NSI

Symbol	Grade	Weight
HDB	C	-3.61%
IBN	C	-2.21%
ASX	D	-2.09%
MELI	D	-1.72%
NTES	D	-1.49%
PKX	F	-1.33%
PBR	C	-1.23%
KB	B	-1.2%
SHG	D	-1.19%
KT	A	-1.12%
WF	C	-1.11%
TCOM	B	-1.04%
NU	C	-0.92%
LPL	F	-0.87%
FMX	F	-0.84%
KEP	B	-0.8%
SKM	D	-0.75%
ABEV	F	-0.71%
ZTO	F	-0.69%
ITUB	F	-0.66%
SSL	F	-0.63%
PHI	D	-0.63%
TKC	C	-0.61%
YMM	C	-0.51%
QFIN	B	-0.45%
BCH	F	-0.4%
ENIC	D	-0.4%
TLK	D	-0.38%
XP	F	-0.36%
CIB	B	-0.36%
YUMC	C	-0.35%
BILI	D	-0.34%
NIO	F	-0.34%
OMAB	D	-0.34%
BBD	D	-0.33%
TAL	F	-0.3%
HCM	D	-0.27%
CX	D	-0.26%
BAP	B	-0.25%
TGLS	B	-0.24%
BSAC	F	-0.24%
HMY	D	-0.23%
IQ	F	-0.22%
VIST	A	-0.22%
SBSW	D	-0.22%
ATHM	D	-0.22%
FN	D	-0.22%
ERJ	B	-0.18%
EC	D	-0.18%
SUZ	C	-0.18%
EBR	F	-0.17%
ASAI	F	-0.17%
BVN	F	-0.14%
VIV	F	-0.14%
STNE	F	-0.14%
PAGS	F	-0.13%
CRDO	B	-0.12%
CIG	C	-0.12%
SBS	B	-0.11%
CSAN	F	-0.1%
ELP	F	-0.1%
BRFS	D	-0.1%
BSBR	F	-0.09%
UGP	F	-0.09%
BAK	F	-0.08%

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