SPUS Hits 52-Week High: Is SP Funds S&P 500 Sharia ETF Still a Buy?
SP Funds S&P 500 Sharia ETF (SPUS) hits a 52-week high, analyzing price action, volume and Sharia-compliant factors to help decide if SPUS remains a buy.
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SP Funds S&P 500 Sharia Industry Exclusions ETF (NYSEARCA: SPUS) recently reached a new 52-week high, drawing attention from investors focused on Sharia-compliant ETF options. On Wednesday SPUS traded as high as $52.43, with the last trade at $52.2320 and a volume of 134,890 shares. The fund had closed previously at $52.12, signaling modest upward momentum.
A 52-week high often reflects strong short-term demand and momentum. For SPUS, that price move may indicate growing interest in Islamic investing strategies that screen out industries and companies inconsistent with Sharia principles. Investors looking for a Sharia-compliant ETF tied to large-cap U.S. equities should note SPUS’s methodology—industry exclusions and faith-based filters steer portfolio composition differently than a plain S&P 500 fund.
Before deciding if SPUS is still a buy, consider several factors. First, assess long-term performance and tracking error versus the S&P 500 benchmark after the fund’s exclusions. Momentum from a new high can persist, but it can also invite profit-taking and higher short-term volatility. Second, review the ETF’s holdings and sector exposure: industry exclusions can create concentration in certain sectors and reduce exposure to traditionally high-weighted names.
Risk profile and investment goals matter. SPUS may suit investors prioritizing Sharia-compliant exposure and willing to accept potential differences in returns and volatility compared with broad-market ETFs. Conservative investors should evaluate the fund’s expense ratio, liquidity, and tax implications, while growth-oriented buyers may view the breakout as a buying opportunity if it aligns with their strategy.
In summary, SPUS’s new 52-week high reflects interest in Sharia-compliant ETF investment, but it’s not an automatic buy signal. Weigh fundamentals, holdings, expense structure, and your own risk tolerance. If unsure, consult a financial advisor familiar with Islamic investing to determine whether NYSEARCA:SPUS fits your portfolio objectives.
Published on: January 31, 2026, 10:05 am
