HLAL - ETF AI Analysis

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Wahed FTSE USA Shariah ETF (HLAL)

Rating:76Outperform

Price Target:―

HLAL’s rating reflects a portfolio led by high-quality tech giants like Apple, Microsoft, and Alphabet, whose strong financial performance, growth in cloud and AI, and generally bullish outlooks provide a solid foundation for the fund. These strengths are partly offset by holdings such as Tesla and Eli Lilly, where valuation concerns, leverage, and cash flow challenges introduce some risk. The main risk factor is the fund’s heavy concentration in a handful of large U.S. technology-related names, which can increase volatility if that sector faces a downturn.

Positive Factors

Large and Growing Fund Size

The ETF manages a sizable pool of assets, which can support better trading liquidity and fund stability for investors.

Strong Exposure to Leading Technology and Growth Companies

A big portion of the fund is invested in major technology and communication services names, including several top global companies that have shown strong or improving performance.

Sector Diversification Beyond Tech

While tech is a major focus, the ETF also holds meaningful positions in health care, consumer, industrial, and energy stocks, which helps spread risk across different parts of the economy.

Negative Factors

High Concentration in a Few Mega-Cap Stocks

A small number of large companies like Apple, Microsoft, and Alphabet make up a big share of the portfolio, so the fund’s results are heavily tied to how these specific stocks perform.

Mixed Performance Among Top Holdings

Several of the largest positions, including Apple, Microsoft, Meta, and Tesla, have shown weak year-to-date performance, which has weighed on the fund’s overall returns.

Higher Expense Ratio for a Passive U.S. Equity ETF

The fund’s ongoing fee is relatively high for a U.S.-focused index ETF, which can slowly reduce investors’ net returns over time.

HLAL vs. SPDR S&P 500 ETF (SPY)

AUM739.53M

RegionNorth America

Expense Ratio0.50%

Beta0.99

IssuerWahed

Inception DateJul 16, 2019

Dividend Yield0.54%

Asset ClassEquity

Index TrackedFTSE USA Shariah Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume69,453

30 Day Avg. Volume71,695

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

74.73

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering196

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

HLAL Summary

HLAL is the Wahed FTSE USA Shariah ETF, which follows the FTSE USA Shariah Index. It invests in a broad mix of U.S. companies that meet Islamic guidelines, avoiding businesses tied to alcohol, gambling, and traditional banks. The fund is heavily invested in technology and communication companies, with well-known holdings like Apple and Microsoft, plus firms such as Alphabet and Tesla. Someone might consider HLAL for diversified access to U.S. stock market growth while staying aligned with Shariah and ethical values. A key risk is that it is concentrated in tech-related stocks, so its price can swing up and down more than the overall market.

How much will it cost me?The Wahed FTSE USA Shariah ETF (HLAL) has an expense ratio of 0.50%, which means you’ll pay $5 per year for every $1,000 invested. This is higher than the average for passively managed ETFs because it involves specialized screening to ensure Shariah compliance, which adds to the cost.

What would affect this ETF?The Wahed FTSE USA Shariah ETF (HLAL) could benefit from continued growth in the U.S. technology sector, which makes up a significant portion of its holdings, as well as increasing interest in socially responsible and Shariah-compliant investing. However, it may face challenges from rising interest rates or economic slowdowns that could negatively impact growth-oriented sectors like technology and communication services, which are heavily weighted in the ETF. Regulatory changes or geopolitical tensions affecting the U.S. market could also influence its performance.

HLAL Top 10 Holdings

HLAL is heavily hitched to U.S. Big Tech, with Apple and Microsoft steering the ship but showing mixed to lagging momentum lately, which has taken some wind out of the fund’s sails. Alphabet and Meta are doing a steadier job, with rising longer-term trends helping offset recent tech softness. Outside tech, Exxon Mobil and Johnson & Johnson are quietly pulling their weight, rising and adding some defensive balance. Micron has been a standout riser, giving the portfolio an extra boost from the AI and semiconductor wave, all within a fully U.S.-focused lineup.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
AAPL	Apple	14.00%	$103.51M	$3.67T	17.16%	79 Outperform
MSFT	Microsoft	11.19%	$82.74M	$2.94T	1.80%	79 Outperform
GOOGL	Alphabet Class A	6.62%	$48.99M	$3.65T	82.66%	85 Outperform
GOOG	Alphabet Class C	5.39%	$39.84M	$3.65T	79.85%	82 Outperform
META	Meta Platforms	5.23%	$38.67M	$1.55T	1.00%	76 Outperform
TSLA	Tesla	4.18%	$30.94M	$1.47T	56.49%	73 Outperform
LLY	Eli Lilly & Co	2.55%	$18.85M	$930.72B	21.09%	72 Outperform
XOM	Exxon Mobil	2.43%	$18.00M	$650.52B	39.52%	74 Outperform
JNJ	Johnson & Johnson	2.19%	$16.17M	$582.04B	48.34%	78 Outperform
MU	Micron	1.70%	$12.56M	$479.61B	322.79%	79 Outperform

HLAL Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

62.65

Negative

100DMA

62.09

Negative

200DMA

58.83

Positive

Market Momentum

MACD

-0.49

Positive

RSI

41.43

Neutral

STOCH

20.29

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HLAL, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 62.16, equal to the 50-day MA of 62.65, and equal to the 200-day MA of 58.83, indicating a neutral trend. The MACD of -0.49 indicates Positive momentum. The RSI at 41.43 is Neutral, neither overbought nor oversold. The STOCH value of 20.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HLAL.

HLAL Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
HLAL	―	―	$739.53M	0.50%	76 Outperform
ULTY	―	―	$926.45M	1.30%	60 Neutral
SYLD	―	―	$895.84M	0.59%	69 Neutral
AUSF	―	―	$828.08M	0.27%	71 Outperform
PFM	―	―	$734.81M	0.52%	73 Outperform
BGDV	―	―	$727.02M	0.45%	74 Outperform

Performance Comparison

HLAL

Wahed FTSE USA Shariah ETF

61.10

12.39

25.44%

ULTY

YieldMax Ultra Option Income Strategy ETF

―

SYLD

Cambria Shareholder Yield ETF

―

AUSF

Global X Adaptive U.S. Factor ETF

―

PFM

Invesco Dividend Achievers ETF

―

BGDV

Bahl & Gaynor Dividend ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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