SPTE - ETF AI Analysis
Top Page
SP Funds S&P Global Technology ETF (SPTE)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum in its strategy.
Leading Semiconductor and Tech Holdings
Many of the largest positions, especially in semiconductors and major tech names, have shown strong performance, helping drive the fund’s returns.
Global Technology Exposure
Holdings spread across the U.S., Europe, and Asia provide access to a broad range of global technology leaders rather than relying on a single country.
Negative Factors
High Concentration in a Few Stocks
A small number of companies make up a large share of the portfolio, which increases the impact if any of these big holdings stumble.
Single-Sector Focus
The fund is heavily focused on technology, so it may be more volatile and sensitive to downturns in the tech sector than a more diversified ETF.
Above-Average Expense Ratio
The fund’s fee is on the higher side for an ETF, which slightly reduces the net return investors keep over time.
SPTE vs. SPDR S&P 500 ETF (SPY)
AUM259.38M
RegionGlobal
Expense Ratio0.55%
Beta1.40
IssuerSP Funds
Inception DateDec 01, 2023
Dividend Yield0.68%
Asset ClassEquity
Index TrackedS&P Global 1200 Shariah Information Technology Capped Index - Benchmark TR Net
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume59,022
30 Day Avg. Volume48,040
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
58.95Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering95
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
SPTE Summary
SP Funds S&P Global Technology ETF (SPTE) is a fund that follows the S&P Global 1200 Shariah Information Technology Index, giving you broad exposure to major tech companies around the world, mainly in the U.S. It holds well-known names like Apple, Microsoft, and Nvidia, along with other chip and software makers, so you’re investing in businesses driving smartphones, cloud computing, and artificial intelligence. Someone might choose SPTE for long-term growth and simple diversification across many tech stocks in one purchase. A key risk is that it is heavily focused on technology, so its price can rise or fall sharply with the tech sector.
How much will it cost me?The SP Funds S&P Global Technology ETF (SPTE) has an expense ratio of 0.55%, which means you’ll pay $5.50 per year for every $1,000 invested. This is slightly higher than the average for passively managed ETFs because it focuses on a specific sector (technology) and follows a specialized index. However, the cost reflects the targeted exposure to global tech companies, including both established leaders and emerging innovators.
What would affect this ETF?The SP Funds S&P Global Technology ETF (SPTE) could benefit from continued innovation and growth in the global technology sector, driven by advancements in artificial intelligence, cloud computing, and semiconductor development, as reflected in its top holdings like Nvidia and TSMC. However, potential risks include regulatory changes targeting big tech companies, global economic slowdowns, or rising interest rates, which could negatively impact the sector's growth and valuations. The ETF's global exposure also makes it sensitive to geopolitical tensions or trade disruptions affecting major tech hubs.
SPTE Top 10 Holdings
SPTE is essentially a global bet on Big Tech and semiconductors, with heavyweights like Nvidia, TSMC, and ASML doing most of the heavy lifting as their AI and chip stories keep the fund’s engine running. Microsoft has been another bright spot, riding strong cloud and AI momentum, while Apple looks steadier but has recently lost a bit of steam. Broadcom and AMD have shown more mixed, sometimes lagging action, occasionally acting as a brake. With major positions spread across the U.S., Europe, and Asia, this is a globally wired, tech-first portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| TSMC | 11.81% | $30.32M | $2.02T | 64.84% | 81 Outperform | |
| Apple | 11.79% | $30.26M | $4.90T | 33.51% | 79 Outperform | |
| Nvidia | 11.64% | $29.88M | $5.41T | 26.31% | 76 Outperform | |
| Microsoft | 8.89% | $22.82M | $3.70T | 0.92% | 79 Outperform | |
| ASML Holding NV | 4.86% | $12.48M | €574.20B | 87.33% | 76 Outperform | |
| Broadcom | 4.07% | $10.46M | $1.67T | 5.46% | 76 Outperform | |
| Micron | 2.98% | $7.65M | $1.22T | 588.17% | 79 Outperform | |
| Advanced Micro Devices | 2.51% | $6.44M | $1.03T | 295.48% | 73 Outperform | |
| SAP SE | 1.87% | $4.81M | $244.95B | -20.22% | 69 Neutral | |
| Shopify | 1.53% | $3.93M | $186.72B | 1.43% | 77 Outperform |
SPTE Technical Analysis
Positive
―
Price Trends
47.18
Positive
47.02
Positive
41.93
Positive
Market Momentum
0.71
Negative
60.85
Neutral
88.80
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPTE, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 48.21, equal to the 50-day MA of 47.18, and equal to the 200-day MA of 41.93, indicating a bullish trend. The MACD of 0.71 indicates Negative momentum. The RSI at 60.85 is Neutral, neither overbought nor oversold. The STOCH value of 88.80 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SPTE.
SPTE Peer Comparison
Comparison Results
Performance Comparison
SPTE
SP Funds S&P Global Technology ETF
49.70
15.64
45.92%
TTEQ
T. Rowe Price Technology ETF
―
―
―
EUV
Corgi Lithography & Semiconductor Photonics ETF
―
―
―
CLOU
Global X Cloud Computing ETF
―
―
―
FRWD
Nomura Transformational Technologies ETF
―
―
―
CHPX
Global X AI Semiconductor & Quantum ETF
―
―
―
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
Table of Contents