SP Funds Dow Jones Global Sukuk ETF (SPSK) Performance
SPSK total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.7% since Dec 31, 2025
- 1 year
- −1.6% total return
- 5 years
- +0.6% a year
- Since first price
- +0.8% a year since 2019
SPSK trailing returns vs SPY, QQQ, AGG
| Period | SPSK total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.2% | −0.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.1% | −2.0% | +3.2% | +1.9% | −0.4% |
| 6 months | −1.7% | −3.4% | +7.8% | +8.4% | −1.5% |
| YTD | −1.7% | −4.2% | +12.3% | +15.1% | −1.0% |
| 1 year | −1.6% | −6.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +13.6%+4.4%/yr | +1.7% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +3.2%+0.6%/yr | −11.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionDec 30, 2019 | +5.4%+0.8%/yr | −13.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: SPSK vs SPY
From Dec 30, 2019: SPSK grew to $10,543, SPY to $26,031.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
SPSK returns by calendar year
4 of 6 full years positive. Best 2025 (+6.2%), worst 2022 (−7.7%). 2026 is year to date.
SPSK annual returns table
| Year | SPSK | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −1.7% | −3.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +6.2% | −1.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +3.0% | −2.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +4.0% | −4.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −7.7% | −11.4% | −18.2% | −32.6% | −13.0% |
| 2021 | −1.3% | −2.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +3.7% | −8.0% | +18.3% | +48.6% | +7.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
SPSK largest drawdowns
Now 2.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 4, 2021 | −12.8% | Oct 25, 2022 | Jun 12, 2025 | 1.7 years | 4.4 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
SPSK risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +3.7% | +0.5% | +0.7% |
| Volatility (annualized) | 4.0% | 4.5% | 4.8% |
| Sharpe ratio | -0.15 | -0.69 | -0.40 |
| Sortino ratio | -0.21 | -0.82 | -0.49 |
| Best month | +3.0% | +3.0% | +3.0% |
| Worst month | −2.6% | −4.2% | −5.7% |
| Best 12 months | +9.1% | +9.1% | +9.1% |
| Worst 12 months | −1.5% | −10.7% | −10.7% |
| Positive months | 72% | 58% | 59% |
| Beta vs S&P 500 | 0.16 | 0.16 | — |
| Correlation with S&P 500 | 0.49 | 0.57 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
SPSK rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 71 | −10.7% | +2.3% | +9.1% | 70% |
| 3-year (a year) | 47 | −3.0% | +0.0% | +5.5% | 51% |
| 5-year (a year) | 23 | +0.1% | +0.8% | +1.6% | 100% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
SPSK performance overview
SP Funds Dow Jones Global Sukuk ETF (SPSK) returned −1.6% over the past year and +0.6% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +0.8% a year, turning $10,000 into about $10,543. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −12.8%, from Feb 4, 2021 to Oct 25, 2022, and it took 2.6 years to get back to the old high. SPSK finished 4 of its 6 full calendar years with a gain; the best year was 2025 (+6.2%) and the worst 2022 (−7.7%). Volatility has been 4.8% a year.
Related: SPSK chart, SPSK dividends. See the SPSK overview for the latest quote and fund facts.
SPSK performance FAQ
What is the SPSK return over the past year?
SPSK returned −1.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.1%.
What is the average annual return of SPSK?
SPSK has returned +0.6% a year over 5 years, +0.8% a year since December 30, 2019 (total return, distributions reinvested).
How much would $10,000 invested in SPSK be worth?
$10,000 invested in SPSK at its first recorded close on December 30, 2019 would be worth about $10,543 on October 23, 2026 with distributions reinvested.
What was the worst year for SPSK?
The worst calendar year was 2022, with a total return of −7.7%. The best was 2025 at +6.2%.
What is the biggest drawdown of SPSK?
The largest peak-to-trough decline was −12.8% between February 4, 2021 and October 25, 2022. It recovered to the old high on June 12, 2025, 2.6 years after the bottom.
How volatile is SPSK?
Over the past 3 years SPSK had an annualized volatility of 4.0% and a Sharpe ratio of -0.15 (excess return over 1–3 month T-bills per unit of risk).