The index includes U.S. dollar-denominated investment-grade sukuk, which are financial certificates, similar to bonds, issued in the global markets and structured to comply with Islamic religious law commonly known as Sharia and its investment principles. The manager attempts to invest all, or substantially all, of its assets in the component securities that make up the index. Under normal circumstances, at least 80% of the fund's total assets will be invested in the component securities of the index. It is non-diversified.
Frequently asked questions
What is the Tidal ETF Trust - SP Funds Dow Jones Global Sukuk ETF (SPSK) expense ratio?
The Tidal ETF Trust - SP Funds Dow Jones Global Sukuk ETF funds expense ratio is 0.55%.
What is Tidal ETF Trust - SP Funds Dow Jones Global Sukuk ETF (SPSK) current stock price?
As of the latest data, Tidal ETF Trust - SP Funds Dow Jones Global Sukuk ETF stock price is $17.97, with a previous close of $17.96. Tidal ETF Trust - SP Funds Dow Jones Global Sukuk ETF gained $0.01 in the last trading session, representing a 0.06% increase.
Does Tidal ETF Trust - SP Funds Dow Jones Global Sukuk ETF (SPSK) pay dividends?
Yes. Tidal ETF Trust - SP Funds Dow Jones Global Sukuk ETF pays monthly dividends with an annualized yield of 4.47% and an estimated annual payout of $0.80 per share.