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Trending ETFs

Wahed FTSE USA Shariah ETF

ETF
HLAL
Payout Change
Pending
Price as of:
$37.42 -0.12 -0.32%
primary theme
U.S. Large-Cap Blend Equity
HLAL (ETF)

Wahed FTSE USA Shariah ETF

Payout Change
Pending
Price as of:
$37.42 -0.12 -0.32%
primary theme
U.S. Large-Cap Blend Equity
HLAL (ETF)

Wahed FTSE USA Shariah ETF

Payout Change
Pending
Price as of:
$37.42 -0.12 -0.32%
primary theme
U.S. Large-Cap Blend Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$37.42

$162 M

1.07%

$0.40

0.50%

Vitals

YTD Return

-8.5%

1 yr return

6.3%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$162 M

Holdings in Top 10

41.3%

52 WEEK LOW AND HIGH

$37.5
$35.90
$43.62

Expenses

OPERATING FEES

Expense Ratio 0.50%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Large Blend


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$37.42

$162 M

1.07%

$0.40

0.50%

HLAL - Profile

Distributions

  • YTD Total Return -13.4%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.08%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Wahed FTSE USA Shariah ETF
  • Fund Family Name
    Wahed Invest
  • Inception Date
    Jul 15, 2019
  • Shares Outstanding
    4225000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Samim Abedi

Fund Description

The index is composed of common stocks of large and mid-capitalization U.S. companies the characteristics of which meet the requirements of the Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Under normal circumstances, at least 80% of its total assets will be invested in the component securities of the index. The fund is non-diversified.


HLAL - Performance

Return Ranking - Trailing

Period HLAL Return Category Return Low Category Return High Rank in Category (%)
YTD -8.5% -53.4% 35.0% 20.47%
1 Yr 6.3% -38.0% 59.0% 10.94%
3 Yr N/A* -5.4% 22.8% N/A
5 Yr N/A* -0.9% 18.5% N/A
10 Yr N/A* 2.8% 15.9% N/A

* Annualized

Return Ranking - Calendar

Period HLAL Return Category Return Low Category Return High Rank in Category (%)
2021 27.5% -69.4% 537.8% 4.30%
2020 23.2% -94.0% 2181.7% 5.15%
2019 N/A -22.7% 41.1% N/A
2018 N/A -100.0% 17.3% N/A
2017 N/A -100.0% 36.4% N/A

Total Return Ranking - Trailing

Period HLAL Return Category Return Low Category Return High Rank in Category (%)
YTD -13.4% -94.7% 35.0% 34.37%
1 Yr 6.3% -38.0% 67.6% 18.49%
3 Yr N/A* -6.5% 26.2% N/A
5 Yr N/A* -1.3% 20.3% N/A
10 Yr N/A* 2.8% 15.9% N/A

* Annualized

Total Return Ranking - Calendar

Period HLAL Return Category Return Low Category Return High Rank in Category (%)
2021 27.5% -69.4% 537.8% 4.73%
2020 23.2% -94.0% 2181.7% 5.15%
2019 N/A -21.6% 41.8% N/A
2018 N/A -100.0% 17.3% N/A
2017 N/A -100.0% 35.2% N/A

HLAL - Holdings

Concentration Analysis

HLAL Category Low Category High HLAL % Rank
Net Assets 162 M 177 K 1.2 T 76.22%
Number of Holdings 235 1 4161 27.15%
Net Assets in Top 10 66.9 M 971 322 B 63.05%
Weighting of Top 10 41.26% 2.4% 100.0% 22.42%

Top 10 Holdings

  1. Apple Inc 17.78%
  2. Tesla Inc 5.29%
  3. Johnson & Johnson 3.47%
  4. Procter & Gamble Co 2.82%
  5. The Home Depot Inc 2.65%
  6. Exxon Mobil Corp 2.64%
  7. Chevron Corp 2.21%
  8. Pfizer Inc 2.00%
  9. Salesforce.com Inc 1.86%
  10. Eli Lilly and Co 1.81%

Asset Allocation

Weighting Return Low Return High HLAL % Rank
Stocks
100.00% 0.00% 129.96% 20.17%
Preferred Stocks
0.00% 0.00% 3.21% 99.94%
Other
0.00% -13.91% 134.98% 98.85%
Convertible Bonds
0.00% 0.00% 6.59% 99.88%
Cash
0.00% -102.29% 100.00% 95.50%
Bonds
0.00% -0.04% 98.56% 99.83%

Stock Sector Breakdown

Weighting Return Low Return High HLAL % Rank
Technology
35.63% 0.00% 77.07% 3.67%
Healthcare
24.45% 0.00% 59.30% 3.38%
Consumer Cyclical
9.40% 0.00% 53.38% 69.89%
Energy
9.28% 0.00% 30.18% 2.68%
Industrials
7.21% 0.00% 62.11% 86.78%
Basic Materials
5.54% 0.00% 30.96% 10.95%
Consumer Defense
5.19% 0.00% 50.98% 78.10%
Real Estate
1.81% 0.00% 38.86% 66.57%
Utilities
0.77% 0.00% 59.98% 75.48%
Communication Services
0.72% 0.00% 35.35% 96.33%
Financial Services
0.00% 0.00% 55.50% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High HLAL % Rank
US
98.41% 0.00% 128.58% 28.13%
Non US
1.59% 0.00% 54.06% 52.62%

HLAL - Expenses

Operational Fees

HLAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.01% 2.95% 60.90%
Management Fee 0.50% 0.00% 2.00% 48.72%
12b-1 Fee 0.00% 0.00% 1.00% 20.90%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

HLAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

HLAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HLAL Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 496.00% N/A

HLAL - Distributions

Dividend Yield Analysis

HLAL Category Low Category High HLAL % Rank
Dividend Yield 1.07% 0.00% 12.32% 15.98%

Dividend Distribution Analysis

HLAL Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Semi-Annually Monthly Semi-Annually

Net Income Ratio Analysis

HLAL Category Low Category High HLAL % Rank
Net Income Ratio 1.08% -54.00% 6.06% 29.05%

Capital Gain Distribution Analysis

HLAL Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Dividend Payout History

View More +

HLAL - Fund Manager Analysis

Managers

Samim Abedi


Start Date

Tenure

Tenure Rank

Jul 15, 2019

2.79

2.8%

Mr. Abedi has a decade of industry experience across institutional and retail asset management. Mr. Abedi began his career at J.P. Morgan in New York, New York across asset management and investment banking businesses. His roles and responsibilities included investment strategy and research, portfolio construction and manager due diligence, as well as portfolio management for non-profits (endowments and foundations), and sales and trading. Prior to joining Wahed Invest, Mr. Abedi was part of the Trading & Investment team at Google LLC, where he helped manage the company’s public investment portfolio. He earned a Bachelors (B.A.) with honors from Williams College, majoring in Economics and Anthropology, with a concentration in Middle Eastern Studies.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 38.94 6.51 2.33