SPWO vs. SMH ETF Comparison

Comparison of SP Funds S&P World (ex-US) ETF (SPWO) to Market Vectors Semiconductor ETF (SMH)

SPWO

SP Funds S&P World (ex-US) ETF

SPWO Description

The Shariah World Index is designed to measure the performance of companies located in developed and emerging markets outside of the United States that pass rules-based screens for adherence to shariah investment guidelines, with a cap applied to ensure diversification among companies in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$22.29

Average Daily Volume

6,987

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMH

Market Vectors Semiconductor ETF

SMH Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors US Listed Semiconductor 25 Index (the "Semiconductor Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Semiconductor Index is comprised of common stocks and depositary receipts of U.S. exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a U.S. exchange. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$246.10

Average Daily Volume

5,987,944

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SPWO	SMH
30 Days	-4.92%	-2.22%
60 Days	-1.37%	3.45%
90 Days	-2.78%	-0.92%
12 Months		51.80%

1 Overlapping Holdings

	Symbol	Grade	Weight in SPWO	Weight in SMH	Overlap
	TSM	B	16.44%	13.2%	13.2%

SPWO Overweight 54 Positions Relative to SMH

Symbol	Grade	Weight
NVO	F	2.44%
SAP	B	1.85%
PDD	F	1.82%
INFY	C	1.68%
NVS	D	1.58%
AZN	F	1.5%
UL	D	1.18%
JD	D	1.15%
SHOP	B	1.06%
BHP	F	1.04%
SNY	F	0.86%
VALE	F	0.81%
ABBV	F	0.76%
RELX	D	0.7%
GSK	F	0.58%
RIO	D	0.55%
CNI	F	0.5%
WCN	A	0.4%
UMC	F	0.37%
CHT	C	0.36%
LI	F	0.31%
BEKE	D	0.31%
GFI	D	0.3%
BGNE	D	0.29%
HLN	C	0.27%
GOLD	C	0.21%
WDS	D	0.21%
CPNG	D	0.2%
NOK	D	0.19%
WIT	B	0.18%
ERIC	C	0.18%
SCCO	F	0.16%
RDY	F	0.16%
XPEV	C	0.14%
PAC	B	0.13%
CHKP	C	0.12%
VIPS	F	0.12%
ICLR	D	0.12%
MMYT	B	0.11%
XRX	F	0.11%
JHX	D	0.11%
HTHT	D	0.1%
SQM	D	0.1%
ARM	F	0.1%
ASR	D	0.1%
GGB	C	0.09%
CYBR	A	0.09%
KOF	F	0.08%
NICE	D	0.07%
WIX	A	0.07%
SNN	D	0.07%
BZ	F	0.07%
PSO	B	0.06%
TS	B	0.05%

SPWO Underweight 24 Positions Relative to SMH

Symbol	Grade	Weight
NVDA	B	-23.17%
AVGO	D	-7.69%
AMD	F	-4.48%
TXN	C	-4.45%
QCOM	F	-4.3%
INTC	C	-4.15%
ASML	F	-4.02%
AMAT	F	-3.99%
MU	D	-3.91%
ADI	D	-3.77%
LRCX	F	-3.53%
KLAC	F	-3.21%
SNPS	B	-3.14%
CDNS	B	-3.03%
MRVL	B	-2.53%
NXPI	D	-1.82%
MCHP	F	-1.3%
MPWR	F	-0.98%
ON	D	-0.88%
STM	F	-0.78%
TER	F	-0.58%
SWKS	F	-0.5%
OLED	F	-0.3%
QRVO	F	-0.23%