SPUS vs. GARP ETF Comparison

Comparison of SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) to iShares MSCI USA Quality GARP ETF (GARP)

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

SPUS Description

The investment seeks to track the performance, before fees and expenses, of the S&P 500 Shariah Industry Exclusions Index. 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 that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$42.49

Average Daily Volume

187,591

Number of Holdings ^*

223

* may have additional holdings in another (foreign) market

GARP

iShares MSCI USA Quality GARP ETF

GARP Description

Grade (RS Rating)

Last Trade

$55.77

Average Daily Volume

45,422

Number of Holdings ^*

145

* may have additional holdings in another (foreign) market

Performance

Period	SPUS	GARP
30 Days	1.91%	6.13%
60 Days	2.94%	5.15%
90 Days	3.81%	6.86%
12 Months	29.89%	42.31%

61 Overlapping Holdings

Symbol	Grade	Weight in SPUS	Weight in GARP	Overlap
AAPL	C	11.07%	4.72%	4.72%
ADBE	C	0.7%	4.42%	0.7%
ADSK	A	0.21%	0.21%	0.21%
AMAT	F	0.45%	2.92%	0.45%
AMD	F	0.71%	1.42%	0.71%
AMZN	C	6.03%	1.38%	1.38%
ANET	C	0.31%	0.32%	0.31%
APTV	D	0.04%	0.29%	0.04%
AVGO	D	2.42%	4.77%	2.42%
AZO	C	0.17%	0.14%	0.14%
BKNG	A	0.53%	0.49%	0.49%
CDNS	B	0.26%	0.26%	0.26%
CPRT	A	0.15%	0.48%	0.15%
CRM	B	1.0%	2.03%	1.0%
CTRA	B	0.06%	0.26%	0.06%
DECK	A	0.09%	0.53%	0.09%
DVN	F	0.08%	0.21%	0.08%
DXCM	D	0.1%	0.08%	0.08%
ENPH	F	0.03%	0.05%	0.03%
FCX	D	0.2%	0.09%	0.09%
FICO	B	0.18%	0.18%	0.18%
FTNT	C	0.19%	0.19%	0.19%
GOOG	C	2.71%	0.92%	0.92%
GOOGL	C	3.28%	3.1%	3.1%
GWW	B	0.17%	1.02%	0.17%
HAL	C	0.09%	0.37%	0.09%
HES	B	0.13%	0.17%	0.13%
IDXX	F	0.11%	0.68%	0.11%
INCY	C	0.04%	0.04%	0.04%
IT	C	0.13%	0.13%	0.13%
JBL	B	0.05%	0.09%	0.05%
KLAC	D	0.26%	3.73%	0.26%
LLY	F	1.89%	2.66%	1.89%
LRCX	F	0.29%	1.85%	0.29%
LULU	C	0.11%	0.74%	0.11%
LW	C	0.03%	0.05%	0.03%
MCK	B	0.26%	0.22%	0.22%
META	D	3.93%	4.29%	3.93%
MOH	F	0.05%	0.05%	0.05%
MPWR	F	0.09%	0.09%	0.09%
MRK	F	0.79%	2.09%	0.79%
MSFT	F	9.82%	4.71%	4.71%
NOW	A	0.67%	0.67%	0.67%
NUE	C	0.11%	0.29%	0.11%
NVDA	C	11.41%	5.41%	5.41%
NXPI	D	0.18%	0.36%	0.18%
ODFL	B	0.13%	0.85%	0.13%
ORLY	B	0.22%	0.1%	0.1%
PANW	C	0.4%	0.4%	0.4%
PAYC	B	0.03%	0.22%	0.03%
PODD	C	0.06%	0.05%	0.05%
PTC	A	0.07%	0.15%	0.07%
QCOM	F	0.55%	1.16%	0.55%
SHW	A	0.27%	0.65%	0.27%
SLB	C	0.2%	0.43%	0.2%
SMCI	F	0.04%	0.06%	0.04%
SNPS	B	0.26%	0.26%	0.26%
STLD	B	0.07%	0.29%	0.07%
TSLA	B	3.02%	6.23%	3.02%
UBER	D	0.46%	0.19%	0.19%
ULTA	F	0.05%	0.36%	0.05%

SPUS Overweight 162 Positions Relative to GARP

Symbol	Grade	Weight
XOM	B	1.7%
PG	A	1.28%
HD	A	1.26%
JNJ	D	1.17%
ABBV	D	0.94%
CSCO	B	0.74%
ACN	C	0.71%
LIN	D	0.69%
PEP	F	0.69%
ABT	B	0.64%
TMO	F	0.62%
ISRG	A	0.61%
TXN	C	0.58%
DHR	F	0.48%
LOW	D	0.48%
HON	B	0.47%
ETN	A	0.46%
UNP	C	0.45%
TJX	A	0.43%
COP	C	0.42%
SYK	C	0.42%
BSX	B	0.42%
MU	D	0.35%
GILD	C	0.35%
PLD	D	0.34%
MDT	D	0.34%
ADI	D	0.33%
UPS	C	0.31%
TT	A	0.3%
EQIX	A	0.28%
NKE	D	0.28%
PH	A	0.28%
APH	A	0.27%
MDLZ	F	0.27%
MSI	B	0.26%
EOG	A	0.25%
REGN	F	0.25%
WM	A	0.25%
EMR	A	0.24%
CTAS	B	0.24%
CL	D	0.24%
ITW	B	0.23%
APD	A	0.23%
CEG	D	0.23%
MMM	D	0.22%
CSX	B	0.21%
BDX	F	0.2%
NSC	B	0.19%
ROP	B	0.19%
ECL	D	0.19%
JCI	C	0.18%
TGT	F	0.18%
PWR	A	0.16%
NEM	D	0.16%
CMI	A	0.16%
KMB	D	0.15%
ROST	C	0.15%
FAST	B	0.15%
DHI	D	0.15%
COR	B	0.14%
RSG	A	0.14%
BKR	B	0.14%
AME	A	0.14%
VLO	C	0.14%
KVUE	A	0.14%
OTIS	C	0.13%
CTVA	C	0.13%
IR	B	0.13%
EW	C	0.13%
GLW	B	0.12%
VMC	B	0.12%
A	D	0.12%
MNST	C	0.12%
CTSH	B	0.12%
GEHC	F	0.12%
WAB	B	0.11%
DD	D	0.11%
MCHP	D	0.11%
RMD	C	0.11%
GIS	D	0.11%
MLM	B	0.11%
HPQ	B	0.11%
KDP	D	0.11%
ANSS	B	0.1%
EFX	F	0.1%
GRMN	B	0.1%
ROK	B	0.1%
AVB	B	0.1%
DOV	A	0.09%
CHD	B	0.09%
PPG	F	0.09%
ON	D	0.09%
KEYS	A	0.09%
TSCO	D	0.09%
CAH	B	0.09%
EBAY	D	0.09%
XYL	D	0.09%
HUBB	B	0.08%
MTD	D	0.08%
EQR	B	0.08%
NTAP	C	0.08%
ADM	D	0.08%
TYL	B	0.08%
HSY	F	0.08%
VLTO	D	0.08%
FTV	C	0.08%
PHM	D	0.08%
CLX	B	0.07%
STE	F	0.07%
WAT	B	0.07%
K	A	0.07%
PKG	A	0.07%
ZBH	C	0.07%
WY	D	0.07%
WST	C	0.07%
BIIB	F	0.07%
CDW	F	0.07%
HOLX	D	0.06%
MAA	B	0.06%
MKC	D	0.06%
FSLR	F	0.06%
ZBRA	B	0.06%
LH	C	0.06%
BLDR	D	0.06%
JBHT	C	0.05%
EL	F	0.05%
VRSN	F	0.05%
ALGN	D	0.05%
AVY	D	0.05%
CF	B	0.05%
J	F	0.05%
EXPD	D	0.05%
MAS	D	0.05%
GPC	D	0.05%
IEX	B	0.05%
TER	D	0.05%
BBY	D	0.05%
TRMB	B	0.05%
PNR	A	0.05%
JNPR	F	0.04%
ALLE	D	0.04%
CHRW	C	0.04%
CPT	B	0.04%
ALB	C	0.04%
SWKS	F	0.04%
AKAM	D	0.04%
EPAM	C	0.04%
NDSN	B	0.04%
POOL	C	0.04%
ROL	B	0.04%
FFIV	B	0.04%
RL	B	0.03%
MOS	F	0.03%
AOS	F	0.03%
TFX	F	0.03%
HSIC	B	0.03%
CRL	C	0.03%
LKQ	D	0.03%
TECH	D	0.03%
GNRC	B	0.03%
QRVO	F	0.02%
MHK	D	0.02%

SPUS Underweight 84 Positions Relative to GARP

Symbol	Grade	Weight
MA	C	-4.23%
V	A	-2.04%
ORCL	B	-1.96%
GE	D	-1.64%
PGR	A	-1.26%
INTU	C	-1.24%
ABNB	C	-0.83%
RCL	A	-0.8%
CMG	B	-0.8%
AMP	A	-0.78%
FLUT	A	-0.66%
MELI	D	-0.6%
APO	B	-0.56%
GS	A	-0.55%
NFLX	A	-0.52%
AXP	A	-0.47%
HWM	A	-0.43%
PLTR	B	-0.38%
MANH	D	-0.38%
APP	B	-0.37%
GEV	B	-0.37%
DASH	A	-0.37%
TMUS	B	-0.36%
VRT	B	-0.36%
WDAY	B	-0.36%
VRTX	F	-0.35%
EQT	B	-0.34%
WSM	B	-0.33%
ACGL	D	-0.32%
EXPE	B	-0.32%
LII	A	-0.27%
TPL	A	-0.26%
KKR	A	-0.26%
CRWD	B	-0.25%
DELL	C	-0.24%
CPAY	A	-0.21%
LPLA	A	-0.2%
GDDY	A	-0.17%
APA	D	-0.16%
MRO	B	-0.14%
DKNG	B	-0.13%
TEAM	A	-0.13%
AMT	D	-0.13%
KNX	B	-0.13%
SQ	B	-0.13%
DDOG	A	-0.12%
BURL	A	-0.12%
DT	C	-0.1%
PSTG	D	-0.1%
ENTG	D	-0.1%
VEEV	C	-0.1%
TDG	D	-0.1%
H	B	-0.1%
IQV	D	-0.1%
DOCU	A	-0.1%
HLT	A	-0.09%
DAL	C	-0.09%
DOW	F	-0.09%
FANG	D	-0.09%
WBD	C	-0.07%
LNG	B	-0.07%
CE	F	-0.07%
COIN	C	-0.07%
TRGP	B	-0.06%
ZS	C	-0.06%
AXON	A	-0.06%
SBAC	D	-0.06%
MKL	A	-0.06%
ALNY	D	-0.05%
ARES	A	-0.05%
NBIX	C	-0.04%
OVV	B	-0.04%
FWONK	B	-0.03%
PINS	D	-0.03%
MGM	D	-0.03%
ALLY	C	-0.03%
NRG	B	-0.03%
CTLT	B	-0.03%
LYV	A	-0.03%
IOT	A	-0.03%
SNAP	C	-0.02%
MRNA	F	-0.02%
DVA	B	-0.02%
CELH	F	-0.01%