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

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$19.15
Last Close (24-hour delay)
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PASS
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Upturn Advisory Summary

08/14/2025: SPRE (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 8.18%
Avg. Invested days 43
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

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

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SP Funds S&P Global REIT Sharia ETF

stock logo

ETF Overview

overview logo 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.

reliability logo 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.

reliability logo Management Expertise

SP Funds' management team has experience in developing and managing Sharia-compliant investment products, ensuring adherence to Islamic finance principles.

Investment Objective

overview logo 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

overview logo 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.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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.