ATLASSP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS): outlook, holdings and fees
SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is an exchange-traded fund and is managed by SP Funds. The expense ratio is 0.45% and the yield is 0.50%. The ten largest holdings are 58% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on SPUS
| Last price | $58.58 (+0.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 55% |
| Likely 1-month range (50%) | $57.20 – $60.55 |
| Normal 1-day range (±1σ) | ±1.0% |
| Distribution yield | 0.50% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
SPUS fund facts
| Issuer | SP Funds |
|---|---|
| Theme | S&P 500 |
| Assets under management | $3.4B |
| Expense ratio | 0.45% |
| Number of holdings | 50 |
| Portfolio turnover | 5% |
| Inception | Dec 17, 2019 |
| Exchange | NYSE |
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 of the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in sharia companies that are component securities of the index. It is non-diversified.
SPUS top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 14.09% |
| Apple Inc. AAPL | Technology | 12.00% |
| Microsoft Corporation MSFT | Technology | 10.18% |
| Alphabet Inc Class A GOOGL | Communication Services | 4.90% |
| Broadcom Inc AVGO | Technology | 4.19% |
| Micron Technology Inc MU | Technology | 2.90% |
| Tesla Inc TSLA | Consumer Cyclical | 2.79% |
| Advanced Micro Devices Inc AMD | Technology | 2.44% |
| Eli Lilly and Company LLY | Healthcare | 2.33% |
| Exxon Mobil Corp XOM | Energy | 1.73% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
SPUS sector breakdown
| Sector | Weight |
|---|---|
| Technology | 61.1% |
| Healthcare | 11.7% |
| Consumer Cyclicals | 6.5% |
| Industrials | 6.3% |
| Communication Services | 5.2% |
| Energy | 2.9% |
| Consumer Defensive | 2.6% |
| Basic Materials | 2.6% |
| Real Estate | 0.8% |
| Utilities | 0.3% |
| Financial Services | 0.1% |
By region: North America 99.6%, Asia Emerging 0.2%, Europe Developed 0.1%, Latin America 0.1%.
SPUS returns and risk
| Year to date | +18.9% |
|---|---|
| 1 year | +21.2% |
| 3 years (annualised) | +24.4% |
| 5 years (annualised) | +15.9% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 15.6% |
| Sharpe ratio (3 years) | 1.35 |
Past returns do not guarantee future results.
SPUS: frequently asked questions
What does SPUS invest in?
SP Funds S&P 500 Sharia Industry Exclusions ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (14.1%), Apple Inc. (12.0%), Microsoft Corporation (10.2%), Alphabet Inc Class A (4.9%), Broadcom Inc (4.2%).
What is the SPUS expense ratio?
0.45% a year: about $45.00 for every $10,000 invested.
What is the SPUS dividend yield?
0.50%. ATLAS does not hold the exact distribution dates for ETFs.
Will SPUS go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 55%, with a likely range (50%) of $57.20 to $60.55 from $58.58 today. It is a probability, not a prediction.
How has SPUS performed?
Year to date +18.9%, one year +21.2%, three years +24.4% a year, five years +15.9% a year. Past returns do not guarantee future results.
Similar ETFs: S&P 500
Educational information, not investment advice. Disclaimer