SPSK ETF Analysis: SP Funds Dow Jones Global | NYSE
Global Bond | NYSE, USA | Market Cap: 657m USD | 12M Return: 1.6% | US8863647025 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.93M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Seasonality 6.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The SP Funds Dow Jones Global Sukuk ETF (SPSK) tracks an index of U.S. dollar-denominated investment-grade sukuk, which are Sharia-compliant financial certificates structured to comply with Islamic religious law and its investment principles. The fund is passively managed, with the manager aiming to invest all or substantially all of its assets in the indexs component securities, and is required to hold at least 80% of total assets in those components under normal market conditions. The fund is classified as non-diversified.
Sukuk differ from conventional bonds in that they typically represent partial ownership in an underlying asset or project, rather than a traditional debt obligation, allowing them to comply with Sharias prohibition on interest (riba). USD-denominated sukuk are issued by both sovereign and corporate issuers across global markets, and the Dow Jones Sukuk Index family is a widely tracked benchmark for this segment of Islamic fixed income.
- Fed rate cuts compress sukuk yields and total returns
- Middle East geopolitical risk widens investment-grade credit spreads
- Sharia-compliant demand growth drives fund AUM expansion
As of August 21, 2026, the stock is trading at USD 17.91 with a total of 174,527 shares traded. Over the past week, the price has changed by -0.28%, over one month by +0.12%, over three months by +0.59% and over the past year by +1.55%.
Current recommended Stop Loss: 17.80 (which is 0.6% or 2.2 ATR below the current price).
SP Funds Dow Jones Global has no consensus analysts rating.