SPRE vs. ROOF ETF Comparison
Comparison of SP Funds S&P Global REIT Sharia ETF (SPRE) to IQ US Real Estate Small Cap ETF (ROOF)
SPRE
SP Funds S&P Global REIT Sharia ETF
SPRE Description
Tidal ETF Trust - SP Funds S&P Global REIT Sharia ETF is a Shariah-Compliant exchange traded fund launched and managed by Toroso Investments, LLC. It is co-managed by Shariaportfolio, Inc. It invests in public equity markets of global region. The fund invests in stocks of companies operating across real estate, equity investment trusts (reits) sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the S&P Global Sharia All REIT Capped Index, by using full replication technique. The fund does not invest in stocks of companies operating across gambling, alcohol and tobacco sectors. Tidal ETF Trust - SP Funds S&P Global REIT Sharia ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$18.76
Average Daily Volume
50,262
16
ROOF
IQ US Real Estate Small Cap ETF
ROOF Description
The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ U.S. Real Estate Small Cap Index. The fund employs a "passive management" to track the performance of the underlying index, which was developed by Financial Development Holdco LLC ("IndexIQ"), the parent company of IndexIQ Advisors LLC, the fund's investment advisor (the "Advisor"). The underlying index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the small capitalization sector. It is non-diversified.Grade (RS Rating)
Last Trade
$18.76
Average Daily Volume
5,219
45
Performance
| Period | SPRE | ROOF |
|---|---|---|
| 30 Days | -5.01% | -2.23% |
| 60 Days | -7.90% | -4.79% |
| 90 Days | -3.84% | -2.66% |
| 12 Months | -1.61% | 0.55% |
12 Overlapping Holdings
| Symbol | Grade | Weight in SPRE | Weight in ROOF | Overlap | |
|---|---|---|---|---|---|
| AVB | A | 10.25% | 2.82% | 2.82% | |
| CPT | A | 4.9% | 1.1% | 1.1% | |
| EGP | F | 3.47% | 1.77% | 1.77% | |
| ELS | D | 4.74% | 1.19% | 1.19% | |
| EQIX | F | 12.4% | 4.27% | 4.27% | |
| EQR | A | 5.18% | 2.54% | 2.54% | |
| FR | D | 2.84% | 1.43% | 1.43% | |
| IIPR | A | 1.28% | 0.65% | 0.65% | |
| MAA | B | 4.97% | 1.55% | 1.55% | |
| PLD | D | 11.17% | 4.11% | 4.11% | |
| REXR | D | 4.23% | 2.14% | 2.14% | |
| TRNO | D | 2.38% | 1.14% | 1.14% |
SPRE Underweight 33 Positions Relative to ROOF
| Symbol | Grade | Weight | |
|---|---|---|---|
| WELL | A | -4.94% | |
| DLR | B | -4.56% | |
| AMT | D | -4.49% | |
| SBAC | F | -4.32% | |
| CCI | D | -4.1% | |
| UNIT | F | -3.49% | |
| INVH | B | -2.18% | |
| ARE | D | -2.17% | |
| VTR | B | -1.82% | |
| ESS | A | -1.65% | |
| SUI | F | -1.55% | |
| COLD | F | -1.5% | |
| STAG | D | -1.48% | |
| DOC | A | -1.37% | |
| AMH | D | -1.35% | |
| UDR | B | -1.3% | |
| LXP | D | -0.58% | |
| AIRC | A | -0.57% | |
| IRT | B | -0.37% | |
| SBRA | B | -0.33% | |
| CTRE | B | -0.32% | |
| NHI | A | -0.28% | |
| MPW | C | -0.28% | |
| PLYM | F | -0.22% | |
| LTC | A | -0.14% | |
| AIV | B | -0.12% | |
| UMH | C | -0.11% | |
| CSR | A | -0.1% | |
| NXRT | B | -0.09% | |
| CHCT | F | -0.07% | |
| GMRE | D | -0.06% | |
| DHC | C | -0.06% | |
| UHT | D | -0.05% |
SPRE: Top Represented Industries & Keywords
ROOF: Top Represented Industries & Keywords
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