SPSK vs EWN

Comparison between SP FUNDS DOW JONES GLOBAL SUKUK ETF (SPSK, ETF) and ISHARES MSCI NETHERLANDS ETF (EWN, ETF).

5-Year PerformanceEWN has outperformed SPSK, delivering a return of +8.1% compared to +0.8%

SPSK vs EWN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPSK(ETF)	EWN(ETF)
Net Assets	$473M	$472M
Expense Ratio	0.50%	0.50%
Max Drawdown	16.47%	68.15%
Sharpe Ratio	-0.09	1.22
5Y Beta	0.06	0.95
5Y Dividends CAGR	9.00%	48.01%

Net Assets

Winner

SPSK

$473M

EWN

$472M

Expense Ratio

SPSK

0.50%

EWN

0.50%

Max Drawdown

Winner

SPSK

16.47%

EWN

68.15%

Sharpe Ratio

SPSK

-0.09

Winner

EWN

1.22

5Y Beta

Winner

SPSK

0.06

EWN

0.95

5Y Dividends CAGR

SPSK

9.00%

Winner

EWN

48.01%

SPSK vs EWN - Historical Returns

Returns include dividend reinvestment.

Period	SPSK	EWN
1 month	-0.04%	+3.40%
3 months	-0.29%	+10.18%
6 months	-0.06%	+16.33%
1 year	+3.61%	+29.35%
5 years(CAGR)	+0.79%	+8.14%
10 years(CAGR)	N/A	+12.51%
Max(CAGR)	+1.08%	+6.38%

SPSK

-0.04%

Winner

EWN

+3.40%

SPSK

-0.29%

Winner

EWN

+10.18%

SPSK

-0.06%

Winner

EWN

+16.33%

SPSK

+3.61%

Winner

EWN

+29.35%

5Y(CAGR)

SPSK

+0.79%

Winner

EWN

+8.14%

10Y(CAGR)

SPSK

N/A

EWN

+12.51%

Max(CAGR)

SPSK

+1.08%

Winner

EWN

+6.38%

SPSK vs EWN - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	SPSK	EWN
2026	-0.11%	+11.87%
2025	+6.21%	+35.18%
2024	+3.19%	+4.28%
2023	+4.67%	+19.75%
2022	-7.58%	-24.87%
2021	-1.11%	+20.87%
2020	+3.72%	+21.97%
2019	+0.02%	+32.66%
2018	N/A	-15.78%
2017	N/A	+33.69%
2016	N/A	+5.82%
2015	N/A	+1.97%
2014	N/A	-4.28%
2013	N/A	+27.65%
2012	N/A	+19.42%
2011	N/A	-15.62%
2010	N/A	+1.48%
2009	N/A	+36.66%
2008	N/A	-47.13%
2007	N/A	+17.47%
2006	N/A	+27.59%
2005	N/A	+12.80%
2004	N/A	+13.58%
2003	N/A	+21.39%
2002	N/A	-20.42%
2001	N/A	-23.72%
2000	N/A	-11.50%
1999	N/A	+11.25%

SPSK vs EWN Drawdown Comparison

The maximum drawdown for SPSK was -12.83%, occurring on Oct 25, 2022. Recovery took 1093 trading sessions.

The maximum drawdown for EWN was -65.25%, occurring on Mar 9, 2009. Recovery took 1894 trading sessions.

The current SPSK drawdown is -1.19%. The current EWN drawdown is -3.85%.

Rank	SPSK	EWN
#1	-12.83% Feb 4, 2021 - Jun 12, 2025	-65.25% Oct 12, 2007 - Apr 23, 2015
#2	-7.99% Mar 5, 2020 - Jul 20, 2020	-60.19% Jan 3, 2000 - Apr 24, 2006
#3	-2.85% Feb 27, 2026 - Mar 24, 2026	-43.54% Sep 7, 2021 - May 15, 2024
#4	-1.13% Sep 15, 2020 - Oct 8, 2020	-35.29% Feb 12, 2020 - Jul 20, 2020
#5	-0.97% Oct 9, 2020 - Nov 4, 2020	-23.95% Jan 26, 2018 - Nov 5, 2019
#6	-0.91% Oct 27, 2025 - Feb 13, 2026	-19.77% Jul 12, 2024 - May 14, 2025
#7	-0.84% Dec 28, 2020 - Feb 4, 2021	-19.59% May 15, 2015 - Mar 9, 2017
#8	-0.68% Aug 28, 2020 - Sep 15, 2020	-15.37% May 10, 2006 - Aug 29, 2006
#9	-0.61% Aug 4, 2020 - Aug 28, 2020	-13.24% Feb 25, 2026 - Apr 14, 2026
#10	-0.60% Nov 4, 2020 - Nov 16, 2020	-13.23% Jul 19, 2007 - Oct 1, 2007
#11	-0.59% Sep 15, 2025 - Sep 29, 2025	-8.39% Oct 12, 2020 - Nov 6, 2020
#12	-0.50% Jun 12, 2025 - Jun 24, 2025	-8.13% Feb 23, 2007 - Mar 20, 2007
#13	-0.49% Jul 21, 2020 - Jul 29, 2020	-7.63% Feb 16, 2021 - Apr 1, 2021
#14	-0.48% Oct 22, 2025 - Oct 27, 2025	-6.97% Oct 6, 2025 - Jan 2, 2026
#15	-0.48% Aug 22, 2025 - Sep 3, 2025	-6.92% Jul 10, 2025 - Sep 12, 2025

Correlation

Correlation between SPSK and EWN is 0.70 which considered as a strong positive correlation - the stocks tend to move together.

0.70

-101

Dividend Comparison (2000 - 2026)

SPSK vs EWN dividend yield comparison.

Year	SPSK	EWN
2026	1.45%	0.00%
2025	3.63%	5.03%
2024	3.53%	2.18%
2023	2.95%	1.79%
2022	2.22%	1.98%
2021	2.56%	1.01%
2020	1.78%	0.78%
2019	0.00%	2.57%
2018	0.00%	2.40%
2017	0.00%	1.68%
2016	0.00%	2.71%
2015	0.00%	1.92%
2014	0.00%	2.30%
2013	0.00%	1.50%
2012	0.00%	2.09%
2011	0.00%	3.19%
2010	0.00%	1.53%
2009	0.00%	2.07%
2008	0.00%	7.41%
2007	0.00%	3.44%
2006	0.00%	1.73%
2005	0.00%	2.38%
2004	0.00%	1.42%
2003	0.00%	2.26%
2002	0.00%	1.87%
2001	0.00%	1.91%
2000	0.00%	0.99%