SP Funds S&P World (ex-US) ETF (SPWO)
SP Funds S&P World (ex-US) ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Bellevue, WA, US. The stock last traded at $33.78, up 1.41% on the session, giving a market capitalisation of $93.3M. Its beta of 0.89 implies it has historically moved less than the broad market.
This ETF tracks the Shariah World Index, an benchmark comprising businesses located in developed and emerging international markets, specifically outside of the United States. These companies are meticulously evaluated through a rules-based process to ensure their compliance with Shariah investment principles. To promote a balanced allocation and diversification among its constituents, the index applies a weighting cap to individual companies. However, the fund itself is categorized as non-diversified.
SP Funds S&P World (ex-US) ETF is most often compared with the following Financial Services names: