SPUS vs. RAFE ETF Comparison

Comparison of SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) to PIMCO RAFI ESG U.S. ETF (RAFE)

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

$41.49

Average Daily Volume

171,987

Number of Holdings ^*

224

* may have additional holdings in another (foreign) market

RAFE

PIMCO RAFI ESG U.S. ETF

RAFE Description

The investment seeks to provide total return that closely corresponds, before fees and expenses, to the total return of the RAFI ESG US Index. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its total assets in the component securities of the RAFI ESG US Index. The underlying index is constructed by RAFI Indices, LLC using a rules-based approach within publicly traded U.S. equities to create an integrated ESG strategy which overweights companies that rate well across various ESG themes and excludes companies with a major involvement in industries such as tobacco, gaming, weapons and fossil fuels.

Grade (RS Rating)

Last Trade

$36.74

Average Daily Volume

4,418

Number of Holdings ^*

235

* may have additional holdings in another (foreign) market

Performance

Period	SPUS	RAFE
30 Days	5.17%	2.44%
60 Days	10.86%	9.67%
90 Days	-0.16%	4.22%
12 Months	35.28%	29.08%

108 Overlapping Holdings

Symbol	Grade	Weight in SPUS	Weight in RAFE	Overlap
A	B	0.14%	0.14%	0.14%
AAPL	C	11.27%	5.24%	5.24%
ABBV	C	1.14%	1.47%	1.14%
ABT	C	0.65%	0.93%	0.65%
ACN	B	0.73%	0.8%	0.73%
ADBE	F	0.73%	0.52%	0.52%
ADI	B	0.37%	0.33%	0.33%
ADM	F	0.09%	0.3%	0.09%
AKAM	D	0.05%	0.07%	0.05%
AMAT	C	0.54%	0.78%	0.54%
AMD	C	0.85%	0.06%	0.06%
ANET	A	0.33%	0.02%	0.02%
APD	C	0.21%	0.3%	0.21%
AVB	C	0.1%	0.13%	0.1%
AVGO	B	2.6%	1.06%	1.06%
BBY	C	0.06%	0.46%	0.06%
BDX	C	0.23%	0.28%	0.23%
BIIB	F	0.09%	0.27%	0.09%
BSX	A	0.41%	0.08%	0.08%
CAH	B	0.09%	0.22%	0.09%
CDNS	D	0.24%	0.09%	0.09%
CDW	D	0.1%	0.1%	0.1%
CF	A	0.05%	0.13%	0.05%
CHD	D	0.08%	0.05%	0.05%
CL	D	0.27%	0.33%	0.27%
CMI	A	0.15%	0.15%	0.15%
COR	F	0.13%	0.1%	0.1%
CRM	B	0.89%	0.39%	0.39%
CSCO	A	0.69%	2.21%	0.69%
CTSH	B	0.12%	0.15%	0.12%
CTVA	A	0.13%	0.04%	0.04%
DD	C	0.12%	0.52%	0.12%
DGX	D	0.06%	0.05%	0.05%
DHR	D	0.58%	0.44%	0.44%
DOV	C	0.08%	0.04%	0.04%
EBAY	A	0.1%	0.35%	0.1%
ECL	C	0.21%	0.22%	0.21%
EL	D	0.07%	0.14%	0.07%
EQIX	C	0.27%	0.19%	0.19%
EQR	C	0.08%	0.13%	0.08%
EW	F	0.13%	0.12%	0.12%
FAST	C	0.13%	0.07%	0.07%
GEHC	C	0.13%	0.24%	0.13%
GILD	A	0.34%	0.76%	0.34%
GIS	C	0.13%	0.31%	0.13%
GPC	D	0.06%	0.07%	0.06%
GWW	B	0.15%	0.13%	0.13%
HD	A	1.33%	1.45%	1.33%
HOLX	D	0.06%	0.09%	0.06%
HPQ	B	0.11%	0.56%	0.11%
HSIC	D	0.03%	0.05%	0.03%
HSY	D	0.09%	0.05%	0.05%
ISRG	C	0.56%	0.1%	0.1%
ITW	C	0.23%	0.24%	0.23%
JCI	C	0.17%	0.41%	0.17%
JNJ	D	1.27%	2.73%	1.27%
JNPR	C	0.04%	0.17%	0.04%
K	B	0.07%	0.14%	0.07%
KDP	C	0.13%	0.13%	0.13%
KEYS	B	0.09%	0.09%	0.09%
KLAC	B	0.34%	0.21%	0.21%
KMB	D	0.16%	0.25%	0.16%
LIN	C	0.75%	0.98%	0.75%
LKQ	F	0.03%	0.07%	0.03%
LLY	D	2.3%	0.66%	0.66%
LOW	C	0.51%	0.97%	0.51%
MAA	D	0.06%	0.06%	0.06%
MCHP	F	0.14%	0.06%	0.06%
MCK	F	0.21%	0.28%	0.21%
MDLZ	D	0.32%	0.27%	0.27%
META	A	4.09%	1.0%	1.0%
MHK	C	0.03%	0.05%	0.03%
MMM	C	0.24%	0.92%	0.24%
MOS	F	0.03%	0.16%	0.03%
MRK	F	0.93%	1.6%	0.93%
MSFT	D	10.14%	4.62%	4.62%
MSI	A	0.24%	0.16%	0.16%
MU	D	0.36%	0.79%	0.36%
NEM	C	0.2%	0.47%	0.2%
NKE	D	0.33%	0.44%	0.33%
NTAP	D	0.08%	0.23%	0.08%
NVDA	B	9.56%	0.74%	0.74%
ON	F	0.1%	0.09%	0.09%
ORLY	A	0.22%	0.02%	0.02%
OTIS	A	0.14%	0.1%	0.1%
PEP	F	0.76%	0.25%	0.25%
PG	D	1.32%	2.33%	1.32%
PKG	B	0.06%	0.11%	0.06%
PLD	D	0.38%	0.07%	0.07%
PPG	D	0.1%	0.18%	0.1%
QCOM	D	0.61%	1.33%	0.61%
ROK	D	0.1%	0.04%	0.04%
RSG	D	0.13%	0.03%	0.03%
SHW	C	0.29%	0.13%	0.13%
SNPS	F	0.25%	0.06%	0.06%
SYK	C	0.4%	0.09%	0.09%
TER	C	0.07%	0.1%	0.07%
TGT	C	0.23%	0.92%	0.23%
TJX	D	0.43%	0.39%	0.39%
TSCO	A	0.1%	0.1%	0.1%
TSLA	C	2.26%	0.29%	0.29%
TXN	C	0.61%	0.69%	0.61%
UPS	D	0.32%	0.44%	0.32%
WAB	A	0.1%	0.05%	0.05%
WAT	B	0.07%	0.09%	0.07%
WBA	F	0.02%	0.08%	0.02%
WM	B	0.25%	0.33%	0.25%
WY	C	0.08%	0.23%	0.08%

SPUS Overweight 116 Positions Relative to RAFE

Symbol	Grade	Weight
AMZN	C	5.64%
GOOGL	B	3.18%
GOOG	B	2.63%
XOM	A	1.76%
TMO	D	0.76%
NOW	B	0.59%
UBER	C	0.5%
UNP	F	0.48%
BKNG	B	0.45%
ETN	B	0.43%
HON	C	0.43%
COP	D	0.42%
MDT	C	0.37%
REGN	D	0.36%
PANW	B	0.35%
TT	A	0.29%
CEG	A	0.27%
PH	A	0.26%
EOG	B	0.24%
FCX	B	0.24%
APH	D	0.24%
CTAS	C	0.23%
CSX	D	0.22%
EMR	B	0.21%
NXPI	F	0.2%
SLB	D	0.2%
ADSK	B	0.19%
ROP	D	0.19%
NSC	C	0.18%
DHI	C	0.18%
AZO	D	0.17%
FTNT	A	0.16%
ROST	D	0.16%
MPWR	B	0.15%
CPRT	B	0.15%
FICO	C	0.15%
KVUE	C	0.14%
VLO	F	0.14%
PWR	A	0.14%
HES	D	0.13%
AME	C	0.13%
IT	A	0.13%
IDXX	D	0.13%
IR	A	0.13%
NUE	D	0.12%
MNST	D	0.12%
EFX	D	0.12%
ODFL	F	0.12%
BKR	B	0.12%
XYL	C	0.11%
GLW	C	0.11%
RMD	C	0.11%
PHM	C	0.1%
LULU	D	0.1%
MTD	C	0.1%
VMC	D	0.1%
MLM	F	0.1%
GRMN	D	0.09%
HAL	D	0.09%
DXCM	F	0.09%
FTV	C	0.09%
VLTO	A	0.09%
ANSS	D	0.09%
STE	D	0.08%
DECK	B	0.08%
TYL	D	0.08%
FSLR	C	0.08%
DVN	F	0.08%
CLX	C	0.07%
MKC	C	0.07%
SMCI	F	0.07%
PTC	B	0.07%
ZBH	F	0.07%
WST	D	0.07%
BLDR	C	0.07%
HUBB	A	0.07%
AVY	D	0.06%
EXPD	D	0.06%
ULTA	D	0.06%
CTRA	D	0.06%
MAS	C	0.06%
STLD	C	0.06%
EXPE	B	0.06%
APTV	D	0.06%
ZBRA	B	0.06%
MOH	F	0.06%
ROL	C	0.05%
POOL	D	0.05%
NDSN	C	0.05%
ENPH	F	0.05%
TRMB	B	0.05%
SWKS	F	0.05%
PNR	C	0.05%
VRSN	C	0.05%
IEX	D	0.05%
PODD	C	0.05%
ALGN	D	0.05%
J	F	0.05%
EPAM	F	0.04%
ALB	D	0.04%
TFX	C	0.04%
TECH	D	0.04%
CHRW	C	0.04%
ALLE	A	0.04%
FFIV	B	0.04%
CPT	C	0.04%
JBHT	D	0.04%
JBL	C	0.04%
RL	B	0.03%
PAYC	D	0.03%
LW	D	0.03%
QRVO	F	0.03%
GNRC	B	0.03%
CRL	F	0.03%
AOS	C	0.03%
INCY	B	0.03%

SPUS Underweight 127 Positions Relative to RAFE

Symbol	Grade	Weight
JPM	C	-2.84%
C	B	-2.4%
INTC	D	-2.15%
PFE	D	-2.15%
T	B	-1.91%
WFC	B	-1.73%
IBM	A	-1.54%
VZ	C	-1.48%
BMY	A	-1.48%
GM	D	-1.43%
CMCSA	B	-1.23%
ORCL	A	-1.22%
CI	D	-1.12%
AMGN	D	-1.01%
ELV	F	-0.93%
KO	C	-0.91%
F	D	-0.88%
DIS	D	-0.82%
V	B	-0.79%
GS	B	-0.65%
MA	A	-0.61%
BAC	B	-0.59%
MET	A	-0.57%
HPE	B	-0.54%
DOW	B	-0.51%
UNH	B	-0.49%
AXP	A	-0.48%
PYPL	A	-0.47%
ALL	A	-0.46%
DE	C	-0.46%
PRU	B	-0.39%
CVS	D	-0.37%
ADP	A	-0.35%
FDX	F	-0.34%
TMUS	A	-0.34%
CARR	A	-0.33%
HUM	F	-0.3%
WDC	C	-0.3%
CBRE	C	-0.29%
IP	C	-0.29%
FIS	A	-0.28%
CCI	D	-0.25%
WELL	C	-0.25%
EA	D	-0.22%
HIG	A	-0.22%
FI	A	-0.2%
MAR	A	-0.2%
SYY	D	-0.2%
EIX	C	-0.2%
PGR	B	-0.2%
VTR	C	-0.19%
STT	A	-0.19%
AMT	D	-0.18%
JLL	C	-0.18%
KHC	F	-0.18%
AMP	A	-0.17%
IRM	B	-0.16%
OC	C	-0.16%
BAX	D	-0.16%
PFG	A	-0.16%
PARA	F	-0.16%
WHR	C	-0.16%
BK	A	-0.15%
LUMN	C	-0.15%
VFC	A	-0.15%
CNC	F	-0.14%
ARW	C	-0.14%
DVA	C	-0.14%
BALL	C	-0.14%
ZTS	C	-0.13%
DG	F	-0.13%
KSS	D	-0.13%
MCO	D	-0.13%
IFF	D	-0.12%
AWK	D	-0.12%
OMC	C	-0.12%
FOXA	B	-0.12%
TPR	B	-0.11%
SWK	C	-0.11%
HLT	A	-0.11%
FITB	C	-0.1%
SPGI	C	-0.09%
PAYX	B	-0.09%
HCA	C	-0.09%
MRVL	C	-0.09%
HST	D	-0.09%
PVH	D	-0.09%
GAP	F	-0.09%
DELL	C	-0.09%
AVT	B	-0.08%
LEA	F	-0.08%
SJM	D	-0.08%
TROW	D	-0.07%
HUN	B	-0.07%
USFD	C	-0.07%
SOLV	C	-0.07%
DOX	B	-0.07%
TSN	D	-0.06%
NFLX	A	-0.06%
LNC	B	-0.06%
VTRS	D	-0.06%
ILMN	B	-0.06%
CAG	D	-0.06%
FL	F	-0.05%
HAS	A	-0.05%
CPB	D	-0.05%
XRX	D	-0.05%
GT	F	-0.05%
NTRS	B	-0.05%
DXC	C	-0.05%
NWSA	D	-0.04%
ESS	D	-0.04%
OGN	F	-0.04%
KD	D	-0.04%
EQH	B	-0.04%
M	D	-0.03%
MAN	D	-0.03%
AAP	F	-0.03%
NWL	D	-0.03%
NDAQ	C	-0.03%
GEN	A	-0.03%
KIM	C	-0.03%
FLEX	B	-0.03%
WU	D	-0.03%
AGCO	D	-0.03%
O	C	-0.02%
HRL	F	-0.01%