SPSKSP Funds Dow Jones Global Sukuk ETF

Get income6y track recordRanked #479 of 1,622 in this goal

Seeks to track the performance of the Dow Jones Sukuk Total Return (ex-Reinvestment) Index.

By SP Funds · Launched 2019

Annual Cost

0.50%

#2,576 of 5,562 · average

Fund Size

$531M

#1,522 of 5,562 · large

Dividend YieldGoal

4.23%

Track Record

6 years

#2,034 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,374+3.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

Global

Strategy

Index tracking

Focus

Faith Based

Index tracked

Dow Jones Sukuk Total Return (ex-Reinvestment) Index

What it actually holds

By weight

Concentration

Top 10 holdings = 16.5% of fund✓ well diversified

KSA Sukuk Ltd

2.6%

KSA Ijarah Sukuk Ltd

1.9%

KSA Sukuk Ltd

1.8%

KSA Sukuk Ltd

1.7%

SA Global Sukuk Ltd

1.6%

KSA Sukuk Ltd

1.5%

Suci Second Investment Co

1.4%

KSA Sukuk Ltd

1.4%

KSA Sukuk Ltd

1.4%

KSA Ijarah Sukuk Ltd

1.3%

Asset allocation

Bonds

97.5%

Other

2.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.8%Low

Year-on-year price swings

Max drawdown

-12.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)

0.03Below average

Sortino (3Y)

0.05Moderate downside risk

Bond profile

Duration

4.7 years

Credit ratings

US Government

39.5%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the performance of the Dow Jones Sukuk Total Return (ex-Reinvestment) Index.
Strategy: Uses a passive management approach to track the Dow Jones Sukuk Total Return Index, investing primarily in U.S. dollar-denominated investment-grade sukuk that comply with Sharia law.
Inception date: December 27, 2019
Fund family: SP Funds