What Is the SPRE ETF? A Complete Guide to Returns, Fees, Holdings and Alternative ETFs
SPRE, the SP Funds Global REIT Sharia ETF, is a monthly-dividend real estate ETF that diversifies across developed and emerging market REITs worldwide that pass Sharia compliance screens. Key points to check are the management fee, the dividend pattern, and the fund's concentration in the interest-rate-sensitive real estate sector.
SubscribeWhat Is the SP Funds Global REIT Sharia ETF?
This global real estate ETF tracks the S&P Global All REIT Shariah Capped Index. Among REITs listed in developed and emerging markets, it holds only those that pass Islamic law compliance screening, weighted by market capitalization.
It suits investors who want to diversify across global real estate while staying consistent with Sharia principles.
The ETF is passively managed (index-tracking) by SP Funds.
How Does the SP Funds Global REIT Sharia ETF Invest?
| Item | Details |
|---|---|
| Tracked Index | S&P Global All REIT Shariah Capped Index |
| Management Style | Passive (index-tracking) |
| Rebalancing Frequency | Periodic (based on index rules) |
| Dividend Frequency | Monthly |
| Issuer | SP Funds |
| Total Expense Ratio | 0.50% |
Starting from the S&P Global BMI Shariah universe, the index screens for globally listed REITs and then applies Sharia compliance criteria such as debt ratios and the share of non-compliant income. Only the securities that pass are included. The fund typically invests a substantial portion of its assets in index constituents, and weight cap rules limit concentration in any single holding.
- Includes only global REITs that pass Sharia compliance screening
- Weight cap rules ease concentration in individual holdings
SP Funds Global REIT Sharia ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) stand at $197.3M, and the total expense ratio is 0.50% per year.
SP Funds Global REIT Sharia ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeGiven the nature of the real estate sector, the fund has tended to react sensitively to the direction of interest rates. REITs as a group tend to face selling pressure when rates rise and show relative strength when rates stabilize or fall, so volatility can widen depending on the macro environment.
As an ETF focused on the specialized theme of Sharia-compliant real estate, its fund flows are influenced by demand from investors who prioritize ethical and religious standards as well as demand for global real estate diversification. Inflows and outflows may fluctuate with real estate sector sentiment and interest rate expectations.
SP Funds Global REIT Sharia ETF Pros and Cons
Its strengths are global Sharia-compliant real estate diversification and a monthly dividend structure, while sector concentration and interest rate sensitivity are the main risk factors.
💪 Key Strengths
⚠️ Points to Watch
SP Funds Global REIT Sharia ETF Alternative ETFs and Related Products
Since no separate comparison ETF was matched in the table, looking at direct substitutes: REET tracks the same global REIT exposure in a conventional (non-Sharia) way, VNQI focuses on real estate outside the United States, and VNQ centers on US real estate. Also worth reviewing for portfolio construction is SPSK, a Sharia-compliant bond (sukuk) ETF from the same issuer.
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| EQIX | Equinix Inc | 0.26% | $955.03 | +0.3% | $94.2B | 61.5 | 2.16% |
| PLD | Prologis Inc | 0.25% | $126.45 | -0.2% | $122.6B | 27.9 | 3.38% |
| WELL | Welltower Inc | 0.24% | $237.32 | -0.0% | $171.0B | - | 1.33% |
 SUI | Sun Communities Inc | 0.05% | $120.24 | +0.3% | $14.6B | - | 3.72% |
 EGP | Eastgroup Properties Inc | 0.05% | $199.02 | -1.8% | $10.7B | 33.8 | 3.26% |
 MAA | Mid-America Apartment Communities Inc | 0.05% | $119.78 | -1.1% | $14.2B | 35.0 | 5.12% |
 ELS | Equity Lifestyle Properties Inc | 0.05% | $60.84 | -0.5% | $12.2B | 30.4 | 3.57% |
SP Funds Global REIT Sharia ETF Investor Checkpoints
Here are the points to review before investing in SPRE. The fund offers global real estate diversification and Sharia compliance, but costs, sector concentration, and interest rate sensitivity should be checked in advance.
| Checkpoint | What to Check | Current Status |
|---|---|---|
| 💵 Expense Ratio | Check the impact of cumulative costs over a long holding period | Annual fee applies |
| 🏢 Sector Concentration | Check the degree of exposure to the single real estate sector | High concentration |
| 📈 Interest Rate Environment | Impact of the direction of interest rates on REIT prices | Needs review |
| 💱 Exchange Rate | Currency impact based on the share of overseas real estate | No currency hedge |
Concentration in the single real estate sector and interest rate sensitivity are the main drivers of volatility. Short-term losses can grow during sharp rate increases or a slowdown in the real estate cycle, and exchange rate movements tied to overseas exposure also affect returns.
It is a suitable choice for investors who want to diversify across global real estate while adhering to Sharia principles. Those who want general global REIT exposure may compare ETFs such as REET and VNQI, while those who also want to hold Sharia-compliant bonds may compare products such as SPSK.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 18, 2026.
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