(SPSK) SP Funds Dow Jones Global - Overview

ETF Category: Global Bond | Exchange: NYSE ARCA (USA) | Market Cap: 507m USD | Total Return: 4.5% in 12m

Islamic Bonds, Financial Certificates, Sukuk, Sharia-Compliant Debt
Total Rating 36
Safety 58
Buy Signal -0.24
Global Bond
Category Rotation: +3.2
TER: 0.55%
AUM: 507M
Avg Turnover: 4.35M
Risk 3d forecast
Volatility3.81%
VaR 5th Pctl0.69%
VaR vs Median0.89%
Reward TTM
Sharpe Ratio0.05
Rel. Str. IBD29.8
Rel. Str. Peer Group70
Character TTM
Beta0.018
Beta Downside-0.036
Hurst Exponent0.564
Drawdowns 3y
Max DD3.23%
CAGR/Max DD1.27
CAGR/Mean DD5.04

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: SPSK SP Funds Dow Jones Global

The SP Funds Dow Jones Global Sukuk ETF (SPSK) tracks an index of U.S. dollar-denominated, investment-grade sukuk. These instruments function similarly to traditional bonds but are structured as asset-backed certificates to comply with Sharia principles, which prohibit the collection or payment of interest (riba). The fund typically invests at least 80% of its total assets in index components and is classified as non-diversified.

The global sukuk market provides exposure to sovereign, quasi-sovereign, and corporate issuers, primarily located in the Gulf Cooperation Council (GCC) and Southeast Asia. Unlike conventional debt, sukuk holders grant the issuer funding in exchange for partial ownership of an underlying asset, entitling them to a share of the profits generated by that asset. You may find more granular performance data and risk metrics on ValueRay.

Headlines to Watch Out For
  • Global interest rate fluctuations impact valuation of fixed-income Sharia-compliant certificates
  • Credit rating downgrades of sovereign and corporate issuers affect net asset value
  • Geopolitical stability in Gulf Cooperation Council countries influences primary sukuk liquidity
  • US dollar strength dictates performance of dollar-denominated international debt holdings
  • Global demand for Sharia-compliant investment vehicles drives secondary market fund inflows
What is the price of SPSK shares?

As of May 31, 2026, the stock is trading at USD 18.06 with a total of 68,850 shares traded.
Over the past week, the price has changed by +0.76%, over one month by +0.60%, over three months by -0.72% and over the past year by +4.46%.

Is SPSK a buy, sell or hold?

SP Funds Dow Jones Global has no consensus analysts rating.