SPRE - ETF AI Analysis
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SP Funds S&P Global REIT Sharia ETF (SPRE)
SPRE’s rating suggests it is a solid but not top-tier real estate ETF, supported by strong core holdings like Equinix, Welltower, Prologis, and Eastgroup Properties, which all show robust financial performance and positive growth outlooks. However, several holdings, including Goodman Group and Sun Communities, face bearish technical trends, valuation concerns, or operational challenges, which weigh on the fund’s overall appeal. The main risk factor is its concentrated exposure to global REITs, meaning performance is closely tied to real estate market conditions and interest rate environments.
SPRE vs. SPDR S&P 500 ETF (SPY)
- AUM
- 198.04M
- Region
- Global
- Expense Ratio
- 0.50%
- Beta
- 0.54
- Issuer
- SP Funds
- Inception Date
- Dec 30, 2020
- Dividend Yield
- 4.32%
- Asset Class
- Equity
- Index Tracked
- S&P Global All Equity REIT Shariah Capped Index
SPRE Summary
SPRE is an exchange-traded fund (ETF) that invests in real estate companies around the world, following the S&P Global All Equity REIT Shariah Capped Index. It focuses on Real Estate Investment Trusts (REITs) that meet Islamic (Sharia) guidelines, with most holdings in the U.S. and additional exposure to countries like Australia and Singapore. Well-known companies in the fund include Prologis and Welltower. Investors might consider SPRE for diversified, globally spread real estate exposure with an ethical or faith-based approach. A key risk is that real estate values and REIT prices can go up and down with interest rates and the broader property market.
How much will it cost me?
The SP Funds S&P Global REIT Sharia ETF (SPRE) has an expense ratio of 0.5%, which means you’ll pay $5 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed and focuses on a niche area, adhering to Sharia principles while targeting global REITs.
What would affect this ETF?
The SPRE ETF, focused on global real estate and Sharia-compliant REITs, could benefit from rising demand for real estate investments driven by urbanization and population growth, as well as increased interest in ethical investing. However, it may face challenges from higher interest rates, which can increase borrowing costs for REITs, and economic slowdowns that could negatively impact property values and rental income. Its global exposure also means it could be affected by regional economic or regulatory changes.
SPRE Top 10 Holdings
SPRE is essentially a global real estate play, with a heavy tilt toward large, specialized REITs. Welltower and Prologis have been doing much of the heavy lifting, rising steadily on the back of strong demand for senior housing and logistics properties. Equinix adds a data-center twist and, despite some recent choppiness, remains a key growth engine. On the flip side, Australia’s Goodman Group has been lagging, acting like a small anchor on performance. Overall, the fund is tightly focused on real estate, with a mix of U.S. and international exposure driving returns.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 EQIX | Equinix | 12.59% | $24.93M | $100.34B | 21.67% | 73Outperform |
 WELL | Welltower | 13.33% | $26.39M | $172.10B | 29.70% | 77Outperform |
 PLD | Prologis | ― | ― | ― | ― | 76Outperform |
 AU:GMG | Goodman Group | 13.35% | $26.43M | AUD 55.48B | -18.26% | 54Neutral |
 SUI | Sun Communities | 10.21% | $20.22M | $13.52B | -7.82% | 66Neutral |
 WY | Weyerhaeuser | 5.02% | $9.94M | $14.67B | -13.44% | 66Neutral |
 ELS | Equity Lifestyle | 4.74% | $9.39M | $11.87B | -2.83% | 70Outperform |
 CTOUF | Charter Hall Group | ― | ― | ― | ― | 66Neutral |
 MAA | Mid-America Apartment | ― | ― | ― | ― | 71Outperform |
 TRNO | Terreno Realty | 4.87% | $9.64M | $7.14B | 12.01% | 75Outperform |
SPRE Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For SPRE, the sentiment is Neutral. The current price of 18.58 is above the 20-day moving average (MA) of 18.53, below the 50-day MA of 19.39, and below the 200-day MA of 20.19, indicating a neutral trend. The MACD of -0.22 indicates Negative momentum. The RSI at 43.17 is Neutral, neither overbought nor oversold. The STOCH value of 54.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for SPRE.
SPRE Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| SPRE | $18.58 | $22.50(21.10% Upside) | $198.04M | 0.50% | 59Neutral |
 AVRE | $46.06 | $52.11(13.13% Upside) | $882.47M | 0.17% | 66Neutral |
 CSRE | $28.12 | $31.85(13.26% Upside) | $669.68M | 0.70% | 68Neutral |
 VGSR | $10.95 | $12.48(14.01% Upside) | $495.36M | 0.45% | 66Neutral |
 GQRE | $60.82 | $69.50(14.27% Upside) | $426.58M | 0.45% | 67Neutral |
 SRET | $19.92 | $24.57(23.34% Upside) | $200.57M | 0.58% | 67Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| SPRE | SP Funds S&P Global REIT Sharia ETF | 18.58 | -0.04 | -0.23% | |
| AVRE | Avantis Real Estate ETF | 46.06 | 3.45 | 8.10% | |
| CSRE | Cohen & Steers Real Estate Active ETF | 28.12 | 3.10 | 12.39% | |
| VGSR | Vert Global Sustainable Real Estate ETF | 10.95 | 0.83 | 8.20% | |
| GQRE | FlexShares Global Quality Real Estate Index Fund | 60.82 | 4.11 | 7.26% | |
| SRET | Global X SuperDividend REIT ETF | 19.92 | 0.03 | 0.13% |
This 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.