Wahed FTSE USA Shariah ETF
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
12.4%
1 yr return
22.4%
3 Yr Avg Return
7.9%
5 Yr Avg Return
15.6%
Net Assets
$394 M
Holdings in Top 10
52.8%
52 WEEK LOW AND HIGH
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
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
HLAL - Profile
Distributions
- YTD Total Return 12.4%
- 3 Yr Annualized Total Return 7.9%
- 5 Yr Annualized Total Return 15.6%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.08%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameWahed FTSE USA Shariah ETF
-
Fund Family NameWahed Invest
-
Inception DateJul 15, 2019
-
Shares Outstanding4350000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSamim Abedi
Fund Description
HLAL - Performance
Return Ranking - Trailing
Period | HLAL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.4% | 3.2% | 34.6% | 90.58% |
1 Yr | 22.4% | 6.3% | 52.4% | 92.30% |
3 Yr | 7.9%* | -12.2% | 14.3% | 39.27% |
5 Yr | 15.6%* | -8.3% | 109.5% | 9.76% |
10 Yr | N/A* | -0.4% | 52.2% | 78.94% |
* Annualized
Return Ranking - Calendar
Period | HLAL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 29.1% | -42.6% | 47.4% | 2.36% |
2022 | -18.5% | -56.3% | -4.2% | 20.51% |
2021 | 27.5% | -27.2% | 537.8% | 4.25% |
2020 | 23.2% | -22.5% | 2181.7% | 3.72% |
2019 | N/A | -13.5% | 40.4% | N/A |
Total Return Ranking - Trailing
Period | HLAL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.4% | 3.2% | 34.6% | 90.58% |
1 Yr | 22.4% | 6.3% | 52.4% | 92.30% |
3 Yr | 7.9%* | -12.2% | 14.3% | 39.27% |
5 Yr | 15.6%* | -8.3% | 109.5% | 9.76% |
10 Yr | N/A* | -0.4% | 52.2% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | HLAL Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 30.1% | -5.0% | 47.4% | 6.03% |
2022 | -17.6% | -36.8% | -2.2% | 43.97% |
2021 | 28.6% | 3.0% | 537.8% | 23.75% |
2020 | 24.6% | -15.8% | 2266.0% | 5.19% |
2019 | N/A | -0.4% | 241.3% | N/A |
HLAL - Holdings
Concentration Analysis
HLAL | Category Low | Category High | HLAL % Rank | |
---|---|---|---|---|
Net Assets | 394 M | 2.34 M | 1.55 T | 73.44% |
Number of Holdings | 218 | 2 | 3963 | 30.79% |
Net Assets in Top 10 | 274 M | 1.07 M | 517 B | 62.39% |
Weighting of Top 10 | 52.77% | 0.3% | 112.9% | 6.77% |
Top 10 Holdings
- Apple Inc 15.00%
- Microsoft Corp 14.15%
- Meta Platforms Inc 5.24%
- Alphabet Inc 4.42%
- Alphabet Inc 3.74%
- Tesla Inc 2.67%
- Exxon Mobil Corp 2.47%
- Johnson Johnson 1.85%
- Procter Gamble Co/The 1.84%
- Merck Co Inc 1.39%
Asset Allocation
Weighting | Return Low | Return High | HLAL % Rank | |
---|---|---|---|---|
Stocks | 99.74% | 0.00% | 105.85% | 18.85% |
Cash | 0.26% | 0.00% | 99.07% | 75.95% |
Preferred Stocks | 0.00% | 0.00% | 2.53% | 95.13% |
Other | 0.00% | -13.91% | 100.00% | 90.01% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 94.87% |
Bonds | 0.00% | 0.00% | 94.06% | 95.04% |
Stock Sector Breakdown
Weighting | Return Low | Return High | HLAL % Rank | |
---|---|---|---|---|
Technology | 34.89% | 0.00% | 48.94% | 2.40% |
Healthcare | 24.82% | 0.00% | 52.29% | 2.48% |
Energy | 10.67% | 0.00% | 41.64% | 2.65% |
Consumer Cyclical | 8.73% | 0.00% | 30.33% | 78.58% |
Industrials | 7.20% | 0.00% | 29.90% | 89.58% |
Basic Materials | 5.62% | 0.00% | 25.70% | 9.10% |
Consumer Defense | 4.91% | 0.00% | 47.71% | 85.77% |
Real Estate | 1.56% | 0.00% | 31.91% | 75.68% |
Utilities | 0.83% | 0.00% | 20.91% | 79.90% |
Communication Services | 0.77% | 0.00% | 27.94% | 98.59% |
Financial Services | 0.00% | 0.00% | 55.59% | 100.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | HLAL % Rank | |
---|---|---|---|---|
US | 99.74% | 0.00% | 105.85% | 15.52% |
Non US | 0.00% | 0.00% | 64.54% | 95.04% |
HLAL - Expenses
Operational Fees
HLAL Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.50% | 0.01% | 19.75% | 74.16% |
Management Fee | 0.50% | 0.00% | 1.90% | 49.88% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 19.18% |
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 | 1.00% | 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% | 268.00% | N/A |
HLAL - Distributions
Dividend Yield Analysis
HLAL | Category Low | Category High | HLAL % Rank | |
---|---|---|---|---|
Dividend Yield | 1.34% | 0.00% | 25.47% | 76.95% |
Dividend Distribution Analysis
HLAL | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Monthly | Quarterly |
Net Income Ratio Analysis
HLAL | Category Low | Category High | HLAL % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.08% | -54.00% | 2.44% | 28.46% |
Capital Gain Distribution Analysis
HLAL | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 26, 2024 | $0.170 | OrdinaryDividend |
Jun 27, 2024 | $0.021 | OrdinaryDividend |
Mar 27, 2024 | $0.031 | OrdinaryDividend |
Dec 27, 2023 | $0.142 | OrdinaryDividend |
Sep 27, 2023 | $0.022 | OrdinaryDividend |
Jun 28, 2023 | $0.070 | OrdinaryDividend |
Mar 29, 2023 | $0.095 | OrdinaryDividend |
Dec 28, 2022 | $0.108 | OrdinaryDividend |
Sep 28, 2022 | $0.175 | OrdinaryDividend |
Jun 28, 2022 | $0.022 | OrdinaryDividend |
Mar 29, 2022 | $0.100 | OrdinaryDividend |
Dec 28, 2021 | $0.099 | OrdinaryDividend |
Sep 28, 2021 | $0.080 | OrdinaryDividend |
Jun 28, 2021 | $0.082 | OrdinaryDividend |
Mar 29, 2021 | $0.077 | OrdinaryDividend |
Dec 29, 2020 | $0.096 | OrdinaryDividend |
Sep 28, 2020 | $0.125 | OrdinaryDividend |
Jun 26, 2020 | $0.006 | OrdinaryDividend |
Mar 27, 2020 | $0.100 | OrdinaryDividend |
Dec 30, 2019 | $0.119 | OrdinaryDividend |
Sep 17, 2019 | $0.080 | OrdinaryDividend |
HLAL - Fund Manager Analysis
Managers
Samim Abedi
Start Date
Tenure
Tenure Rank
Jul 15, 2019
2.88
2.9%
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 |
---|---|---|---|
0.04 | 39.02 | 7.24 | 2.42 |