SPWO vs. SOVF ETF Comparison

Comparison of SP Funds S&P World (ex-US) ETF (SPWO) to Sovereign's Capital Flourish Fund (SOVF)

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

SOVF

Sovereign's Capital Flourish Fund

SOVF Description

The fund invests primarily in common stock of publicly traded U.S. companies that are selected by the fund's investment adviser. The Adviser employs an active management strategy in seeking to achieve the fund"s objective.

Grade (RS Rating)

Last Trade

$32.86

Average Daily Volume

12,545

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPWO	SOVF
30 Days	-4.01%	8.63%
60 Days	-1.39%	7.86%
90 Days	-2.52%	7.17%
12 Months		27.00%

1 Overlapping Holdings

	Symbol	Grade	Weight in SPWO	Weight in SOVF	Overlap
	WCN	A	0.4%	0.5%	0.4%

SPWO Overweight 54 Positions Relative to SOVF

Symbol	Grade	Weight
TSM	B	16.44%
NVO	D	2.44%
SAP	B	1.85%
PDD	F	1.82%
INFY	B	1.68%
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%
VALE	F	0.81%
ABBV	D	0.76%
RELX	C	0.7%
GSK	F	0.58%
RIO	D	0.55%
CNI	D	0.5%
UMC	F	0.37%
CHT	D	0.36%
LI	F	0.31%
BEKE	D	0.31%
GFI	D	0.3%
BGNE	D	0.29%
HLN	D	0.27%
GOLD	D	0.21%
WDS	D	0.21%
CPNG	D	0.2%
NOK	D	0.19%
WIT	A	0.18%
ERIC	B	0.18%
SCCO	F	0.16%
RDY	F	0.16%
XPEV	C	0.14%
PAC	B	0.13%
CHKP	D	0.12%
VIPS	F	0.12%
ICLR	D	0.12%
MMYT	B	0.11%
XRX	F	0.11%
JHX	C	0.11%
HTHT	D	0.1%
SQM	F	0.1%
ARM	D	0.1%
ASR	D	0.1%
GGB	C	0.09%
CYBR	B	0.09%
KOF	F	0.08%
NICE	C	0.07%
WIX	B	0.07%
SNN	D	0.07%
BZ	F	0.07%
PSO	B	0.06%
TS	B	0.05%

SPWO Underweight 78 Positions Relative to SOVF

Symbol	Grade	Weight
LOPE	B	-2.75%
NSP	D	-2.71%
PRI	A	-2.53%
COKE	C	-2.53%
EEFT	B	-2.47%
RPAY	D	-2.47%
FOLD	F	-2.45%
DAVA	C	-2.41%
AFG	A	-2.27%
DIOD	D	-2.25%
LCII	C	-2.23%
PGR	A	-2.01%
ALKT	B	-2.01%
MOH	F	-1.97%
GSHD	A	-1.97%
PAYC	B	-1.96%
BIGC	C	-1.95%
CBRE	B	-1.76%
OPCH	D	-1.74%
NHC	C	-1.72%
PCTY	B	-1.71%
QCOM	F	-1.52%
RJF	A	-1.52%
FI	A	-1.51%
APG	B	-1.5%
PX	A	-1.5%
QRVO	F	-1.49%
AJG	B	-1.49%
TSN	B	-1.49%
BDX	F	-1.48%
KFY	B	-1.48%
ARMK	B	-1.47%
COLM	B	-1.46%
MLR	B	-1.26%
PPC	C	-1.25%
HRB	D	-1.25%
FANG	D	-1.22%
SMCI	F	-1.22%
VRRM	D	-1.21%
DVN	F	-1.2%
APA	D	-1.19%
VST	B	-1.04%
ADV	D	-1.03%
ITT	A	-1.01%
INTC	D	-1.01%
AZZ	B	-1.01%
LECO	B	-1.0%
NEE	D	-1.0%
GEF	A	-0.99%
SITE	D	-0.98%
ERIE	D	-0.76%
CSCO	B	-0.75%
SCHW	B	-0.75%
UPS	C	-0.75%
PLOW	D	-0.74%
ANET	C	-0.74%
KFRC	D	-0.74%
TFIN	A	-0.74%
HCSG	C	-0.62%
NTAP	C	-0.51%
RMD	C	-0.51%
JJSF	B	-0.51%
CPRT	A	-0.5%
ADP	B	-0.5%
FAST	B	-0.5%
JBHT	C	-0.5%
ORLY	B	-0.5%
SPTN	D	-0.5%
SBAC	D	-0.5%
SPSC	C	-0.5%
SAIC	F	-0.5%
USFD	A	-0.5%
CSWI	A	-0.5%
HUBS	A	-0.49%
IEX	B	-0.49%
CPT	B	-0.49%
WMT	A	-0.49%
NEO	C	-0.48%