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HLAL - AI Analysis
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Wahed FTSE USA Shariah ETF (HLAL)
Rating:77Outperform
Price Target:
$69.00
Positive Factors
Strong Top Holdings
Several key positions, including Microsoft, Meta, and Alphabet, have shown strong year-to-date performance, driving the fund’s returns.
Technology Sector Leadership
With nearly half of its portfolio in technology, the ETF benefits from exposure to a high-performing sector.
Healthy Asset Growth
The fund has a substantial amount of assets under management, indicating strong investor interest and confidence.
Negative Factors
High Sector Concentration
The ETF is heavily weighted in technology, which increases vulnerability to downturns in that sector.
Limited Geographic Diversification
The fund is overwhelmingly focused on U.S. companies, offering minimal exposure to international markets.
Moderate Expense Ratio
The ETF’s expense ratio is higher than some low-cost alternatives, which could slightly reduce investor returns over time.
HLAL vs. SPDR S&P 500 ETF (SPY)
AUM725.59M
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. Volume61,698
30 Day Avg. Volume79,061
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
67.14Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering197
HLAL Summary
The Wahed FTSE USA Shariah ETF (HLAL) is a fund that invests in U.S. companies while following Islamic principles, avoiding industries like alcohol, gambling, and interest-based financial services. It tracks the FTSE USA Shariah Index, giving investors exposure to a wide range of American stocks. Some of its top holdings include well-known companies like Microsoft and Apple. This ETF might appeal to someone looking for ethical investing options or diversification in the U.S. market. However, it is heavily weighted in technology stocks, meaning its performance could be affected by changes in the tech sector.
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
The Wahed FTSE USA Shariah ETF leans heavily into technology, with giants like Microsoft and Apple driving performance thanks to steady growth in cloud services and AI innovation. Alphabet’s strong momentum in AI and cloud services adds further fuel to the fund’s tech-heavy tilt, while Tesla’s rising stock reflects optimism around autonomy and energy expansion. However, Meta’s recent struggles and Procter & Gamble’s lagging performance have held the fund back slightly. With a clear focus on U.S. equities and a tech-centric approach, this ETF is riding the wave of innovation while navigating mixed results from other sectors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Microsoft | 14.83% | $107.59M | $3.89T | 25.49% | 83 Outperform | |
| Apple | 14.67% | $106.44M | $3.90T | 15.12% | 78 Outperform | |
| Meta Platforms | 6.17% | $44.75M | $1.85T | 26.66% | 82 Outperform | |
| Alphabet Class A | 5.78% | $41.96M | $3.15T | 57.63% | 82 Outperform | |
| Alphabet Class C | 4.72% | $34.22M | $3.15T | 60.35% | 83 Outperform | |
| Tesla | 4.64% | $33.67M | $1.44T | 77.46% | 73 Outperform | |
| Exxon Mobil | 1.92% | $13.94M | $491.94B | -1.92% | 79 Outperform | |
| Johnson & Johnson | 1.75% | $12.67M | $458.73B | 16.76% | 78 Outperform | |
| Advanced Micro Devices | 1.57% | $11.36M | $410.45B | 55.19% | 77 Outperform | |
| Procter & Gamble | 1.38% | $9.99M | $356.90B | -9.45% | 74 Outperform |
HLAL Technical Analysis
Positive
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Price Trends
58.54
Positive
56.24
Positive
53.29
Positive
Market Momentum
0.84
Negative
71.72
Negative
94.90
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HLAL, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 60.06, equal to the 50-day MA of 58.54, and equal to the 200-day MA of 53.29, indicating a bullish trend. The MACD of 0.84 indicates Negative momentum. The RSI at 71.72 is Negative, neither overbought nor oversold. The STOCH value of 94.90 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HLAL.
HLAL Peer Comparison
Comparison Results
Performance Comparison
HLAL
Wahed FTSE USA Shariah ETF
62.15
10.40
20.10%
SUSL
iShares ESG MSCI USA Leaders ETF
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SYLD
Cambria Shareholder Yield ETF
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PLDR
Putnam Sustainable Leaders ETF
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PFM
Invesco Dividend Achievers ETF
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AUSF
Global X Adaptive U.S. Factor ETF
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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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