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SP Funds S&P Global Technology ETF (SPTE)

45.48 -2.37 (-4.95%)
At close: October 30 at 4:00:00 PM EDT
45.80 +0.32 (+0.70%)
After hours: October 30 at 6:25:08 PM EDT
Trade SPTE on Coinbase

ETF Summary

The S&P Global 1200 Shariah Information Technology Capped Index is designed to measure the performance of global large-cap equity securities within the information technology sector that pass rules-based screens for adherence to Shariah investment guidelines, with a cap applied to ensure diversification among companies in 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.

ETF Overview

Category Technology
Fund Family SP Funds
Net Assets 261.47M
YTD Daily Total Return 29.40%
Yield 0.68%
Legal Type Exchange Traded Fund

ETF Operations

Attributes SPTE Category Average
Annual Report Expense Ratio (net)
0.55% 0.90%
Holdings Turnover
31.00% 58.20%
Total Net Assets
778,377.56 778,377.56

Morningstar Style Box

Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund. Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.

Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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