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SP Funds S&P Global REIT Sharia ETF (SPRE)



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Upturn Advisory Summary
08/14/2025: SPRE (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type ETF | Historic Profit 8.18% | Avg. Invested days 43 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | ETF Returns Performance ![]() |
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Key Highlights
Volume (30-day avg) - | Beta 1.2 | 52 Weeks Range 16.25 - 21.69 | Updated Date 06/29/2025 |
52 Weeks Range 16.25 - 21.69 | Updated Date 06/29/2025 |
Upturn AI SWOT
SP Funds S&P Global REIT Sharia ETF
ETF Overview
Overview
The SP Funds S&P Global REIT Sharia ETF (SPRE) seeks to track the performance of the S&P Global REIT Sharia Index, which comprises Sharia-compliant REITs from developed and emerging markets. The fund focuses on providing exposure to global real estate while adhering to Islamic investment principles. It invests in a diversified portfolio of REITs, primarily in developed markets.
Reputation and Reliability
SP Funds is a smaller ETF provider focused on Sharia-compliant investment solutions. Their reputation is growing within the niche market of ethical investing.
Management Expertise
SP Funds' management team has experience in developing and managing Sharia-compliant investment products, ensuring adherence to Islamic finance principles.
Investment Objective
Goal
To track the performance of the S&P Global REIT Sharia Index.
Investment Approach and Strategy
Strategy: The ETF aims to replicate the S&P Global REIT Sharia Index by investing in its constituent securities.
Composition The ETF holds stocks of Sharia-compliant REITs operating in various real estate sectors globally.
Market Position
Market Share: Limited due to the niche focus on Sharia-compliant REITs.
Total Net Assets (AUM): 1352000
Competitors
Key Competitors
- iShares Global REIT ETF (REET)
- Vanguard Real Estate ETF (VNQ)
- Real Estate Select Sector SPDR Fund (XLRE)
Competitive Landscape
The ETF industry is highly competitive, with large established players like Vanguard and iShares dominating the market. SPRE differentiates itself through its Sharia compliance, which caters to a specific investor base. However, this niche focus limits its market share compared to broader REIT ETFs. SPRE advantage is its ethical investing principles while its disadvantage is its lower assets under management (AUM).
Financial Performance
Historical Performance: Historical performance data needs to be gathered from financial data providers to accurately assess the ETF's performance over various time periods.
Benchmark Comparison: Benchmark comparison data needs to be gathered from financial data providers to compare the ETF's performance to its benchmark index to gauge its effectiveness.
Expense Ratio: 0.59
Liquidity
Average Trading Volume
The ETF's average trading volume is relatively low, which may impact order execution and transaction costs.
Bid-Ask Spread
The bid-ask spread can fluctuate depending on market conditions and trading volume, potentially increasing the cost of trading the ETF.
Market Dynamics
Market Environment Factors
Economic indicators such as interest rates, inflation, and real estate market trends influence the performance of REITs held by the ETF. Growth in specific sectors (e.g., data centers, logistics) also impacts returns.
Growth Trajectory
Growth depends on the expansion of the Sharia-compliant investment market and the performance of global REITs that meet the Sharia criteria.
Moat and Competitive Advantages
Competitive Edge
SPRE's primary competitive advantage is its adherence to Sharia investment principles, making it attractive to investors seeking ethical and religiously compliant investments. This niche focus differentiates it from broader REIT ETFs. The fund provides exposure to a unique set of global REITs screened for Sharia compliance. Its Sharia compliance provides access to ethical investment solutions.
Risk Analysis
Volatility
Volatility is influenced by market fluctuations, interest rate changes, and the performance of the underlying REITs.
Market Risk
Market risk includes fluctuations in real estate values, interest rate risk, and global economic conditions affecting the REIT sector.
Investor Profile
Ideal Investor Profile
Ideal investors include those seeking Sharia-compliant investment options in the real estate sector, long-term investors, and individuals looking for diversification through global REITs.
Market Risk
The ETF is suitable for long-term investors and passive index followers who adhere to Sharia investment principles.
Summary
SP Funds S&P Global REIT Sharia ETF (SPRE) aims to track the S&P Global REIT Sharia Index, providing exposure to Sharia-compliant global REITs. It caters to investors seeking ethical investment options within the real estate sector. While its niche focus limits its market share, its adherence to Sharia principles differentiates it from competitors. Investors should consider the ETF's low trading volume and potential liquidity challenges.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SP Funds Website
- ETF.com
- Morningstar
Disclaimers:
The data and analysis provided are for informational purposes only and do not constitute financial advice. Investment decisions should be based on individual research and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SP Funds S&P Global REIT Sharia ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website |
The index includes all REIT securities listed in developed and emerging markets and included as constituents of the S&P Global BMI Shariah Index, a comprehensive global Sharia-compliant index of publicly-traded equity securities. 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.

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