SPSK vs SMRI

Comparison between SP FUNDS DOW JONES GLOBAL SUKUK ETF (SPSK, ETF) and BUSHIDO CAPITAL US EQUITY ETF (SMRI, ETF).

SPSK vs SMRI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SPSK(ETF)	SMRI(ETF)
Net Assets	$644M	$644M
Expense Ratio	0.50%	0.71%
Max Drawdown	16.47%	19.59%
Sharpe Ratio	-0.58	2.34
5Y Beta	0.07	0.78
P/E Ratio	N/A	19.11
Forward P/E	N/A	14.61
PEG Ratio	N/A	0.05
5Y Dividends CAGR	9.65%	N/A
5Y EPS CAGR	N/A	24.05%
Debt to Equity	N/A	55.91%
P/S Ratio	N/A	1.33
P/B Ratio	N/A	3.24

Net Assets

SPSK

$644M

Winner

SMRI

$644M

Expense Ratio

Winner

SPSK

0.50%

SMRI

0.71%

Max Drawdown

Winner

SPSK

16.47%

SMRI

19.59%

Sharpe Ratio

SPSK

-0.58

Winner

SMRI

2.34

5Y Beta

Winner

SPSK

0.07

SMRI

0.78

P/E Ratio

SPSK

N/A

SMRI

19.11

Forward P/E

SPSK

N/A

SMRI

14.61

PEG Ratio

SPSK

N/A

SMRI

0.05

5Y Dividends CAGR

SPSK

9.65%

SMRI

N/A

5Y EPS CAGR

SPSK

N/A

SMRI

24.05%

Debt to Equity

SPSK

N/A

SMRI

55.91%

P/S Ratio

SPSK

N/A

SMRI

1.33

P/B Ratio

SPSK

N/A

SMRI

3.24

SPSK vs SMRI - Historical Returns

Returns include dividend reinvestment.

Period	SPSK	SMRI
1 month	+1.16%	+12.94%
3 months	+0.70%	+20.59%
6 months	-0.26%	+35.07%
1 year	+2.16%	+45.12%
5 years(CAGR)	+0.98%	N/A
Max(CAGR)	+1.15%	+26.10%

SPSK

+1.16%

Winner

SMRI

+12.94%

SPSK

+0.70%

Winner

SMRI

+20.59%

SPSK

-0.26%

Winner

SMRI

+35.07%

SPSK

+2.16%

Winner

SMRI

+45.12%

5Y(CAGR)

SPSK

+0.98%

SMRI

N/A

Max(CAGR)

SPSK

+1.15%

Winner

SMRI

+26.10%

SPSK vs SMRI - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	SPSK	SMRI
2026	+0.64%	+34.61%
2025	+6.21%	+17.50%
2024	+3.19%	+18.08%
2023	+4.67%	+5.11%
2022	-7.58%	N/A
2021	-1.11%	N/A
2020	+3.72%	N/A
2019	+0.02%	N/A

SPSK vs SMRI Drawdown Comparison

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

The maximum drawdown for SMRI was -18.44%, occurring on Apr 8, 2025. Recovery took 139 trading sessions.

The current SPSK drawdown is -0.45%. The current SMRI drawdown is -0.37%.

Rank	SPSK	SMRI
#1	-12.83% Feb 4, 2021 - Jun 12, 2025	-18.44% Dec 6, 2024 - Jul 1, 2025
#2	-7.99% Mar 5, 2020 - Jul 20, 2020	-6.88% Sep 14, 2023 - Nov 30, 2023
#3	-2.85% Feb 27, 2026 - Mar 24, 2026	-6.80% Jan 9, 2026 - Apr 17, 2026
#4	-1.13% Sep 15, 2020 - Oct 8, 2020	-6.47% Jun 1, 2026 - Jul 27, 2026
#5	-0.97% Oct 9, 2020 - Nov 4, 2020	-6.18% Mar 28, 2024 - Jul 16, 2024
#6	-0.91% Oct 27, 2025 - Feb 13, 2026	-5.79% Jul 30, 2024 - Aug 23, 2024
#7	-0.84% Dec 28, 2020 - Feb 4, 2021	-5.71% Jul 1, 2025 - Aug 22, 2025
#8	-0.68% Aug 28, 2020 - Sep 15, 2020	-4.21% Nov 12, 2025 - Nov 26, 2025
#9	-0.61% Aug 4, 2020 - Aug 28, 2020	-4.16% Aug 30, 2024 - Sep 19, 2024
#10	-0.60% Nov 4, 2020 - Nov 16, 2020	-3.99% Oct 6, 2025 - Oct 27, 2025
#11	-0.59% Sep 15, 2025 - Sep 29, 2025	-3.33% Oct 14, 2024 - Nov 6, 2024
#12	-0.50% Jun 12, 2025 - Jun 24, 2025	-2.79% Jan 2, 2024 - Feb 1, 2024
#13	-0.49% Jul 21, 2020 - Jul 29, 2020	-2.68% Jul 16, 2024 - Jul 30, 2024
#14	-0.48% Oct 22, 2025 - Oct 27, 2025	-2.53% Nov 11, 2024 - Nov 21, 2024
#15	-0.48% Aug 22, 2025 - Sep 3, 2025	-1.97% May 8, 2026 - May 22, 2026