HLAL - ETF AI Analysis

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Wahed FTSE USA Shariah ETF (HLAL)

Rating:76Outperform

Price Target:―

The Wahed FTSE USA Shariah ETF (HLAL) benefits significantly from its top holdings in Apple and Microsoft, which contribute positively to its overall rating due to their strong financial performance, robust revenue growth, and strategic focus on high-growth areas like cloud and AI. However, the ETF's rating is slightly tempered by holdings like Meta and Tesla, which face challenges such as high valuations, bearish momentum, and increased expenses. A potential risk for this ETF is its concentration in a few large-cap tech stocks, which could lead to volatility if these sectors face downturns.

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)

AUM713.39M

RegionNorth America

Expense Ratio0.50%

Beta0.99

IssuerWahed

Inception DateJul 16, 2019

Dividend Yield0.53%

Asset ClassEquity

Index TrackedFTSE USA Shariah Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume62,023

30 Day Avg. Volume87,569

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

70.34

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering197

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

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 Apple and Microsoft leading the charge but showing mixed signals recently—Apple is steady, while Microsoft is losing steam. Alphabet’s strong performance, driven by AI and cloud growth, is a bright spot, helping offset lagging names like Meta and Tesla, which are facing valuation concerns and bearish momentum. With nearly half of the fund concentrated in tech and a U.S.-focused portfolio, this ETF rides the wave of innovation but remains vulnerable to sector-specific volatility.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
AAPL	Apple	15.30%	$109.13M	$4.12T	14.80%	79 Outperform
MSFT	Microsoft	13.30%	$94.85M	$3.59T	8.92%	80 Outperform
GOOGL	Alphabet Class A	6.90%	$49.23M	$3.88T	83.89%	81 Outperform
GOOG	Alphabet Class C	5.63%	$40.15M	$3.88T	82.50%	82 Outperform
META	Meta Platforms	5.40%	$38.50M	$1.70T	7.96%	80 Outperform
TSLA	Tesla	4.75%	$33.88M	$1.51T	16.90%	73 Outperform
XOM	Exxon Mobil	1.91%	$13.59M	$491.47B	2.62%	77 Outperform
JNJ	Johnson & Johnson	1.81%	$12.94M	$486.51B	35.24%	80 Outperform
AMD	Advanced Micro Devices	1.31%	$9.31M	$354.86B	57.28%	75 Outperform
PG	Procter & Gamble	1.28%	$9.14M	$335.20B	-17.47%	68 Neutral

HLAL Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

60.64

Positive

100DMA

58.47

Positive

200DMA

54.34

Positive

Market Momentum

MACD

0.60

Negative

RSI

65.28

Neutral

STOCH

94.16

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 61.20, equal to the 50-day MA of 60.64, and equal to the 200-day MA of 54.34, indicating a bullish trend. The MACD of 0.60 indicates Negative momentum. The RSI at 65.28 is Neutral, neither overbought nor oversold. The STOCH value of 94.16 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

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
HLAL	―	―	$713.39M	0.50%	―
SYLD	―	―	$869.94M	0.59%	―
PLDR	―	―	$858.73M	0.60%	―
ABFL	―	―	$793.47M	0.49%	―
PFM	―	―	$747.49M	0.52%	―
AUSF	―	―	$738.97M	0.27%	―

Performance Comparison

HLAL

Wahed FTSE USA Shariah ETF

62.82

8.89

16.48%

SYLD

Cambria Shareholder Yield ETF

―

PLDR

Putnam Sustainable Leaders ETF

―

ABFL

Fcf Us Quality Etf

―

PFM

Invesco Dividend Achievers ETF

―

AUSF

Global X Adaptive U.S. Factor 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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