Wahed FTSE USA Shariah ETFWahed FTSE USA Shariah ETFWahed FTSE USA Shariah ETF

Wahed FTSE USA Shariah ETF

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Key stats


Assets under management (AUM)
‪578.96 M‬USD
Fund flows (1Y)
‪155.52 M‬USD
Dividend yield (indicated)
0.58%
Discount/Premium to NAV
−0.05%
Shares outstanding
‪10.93 M‬
Expense ratio
0.50%

About Wahed FTSE USA Shariah ETF


Issuer
Wahed Invest LLC
Brand
Wahed
Home page
Inception date
Jul 16, 2019
Structure
Open-Ended Fund
Index tracked
FTSE USA Shariah Index
Management style
Passive
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
HLAL invests in US equities that conform to Shariah standards. Securities are screened to determine their Shariah status based on their business activities and certain financial ratios. More importantly, businesses involved in certain activities are prohibited from inclusion in the index. Examples of such activities include conventional finance, alcohol production or sale, pork-related products or non-halal food-related businesses, casino management, adult entertainment, tobacco production/sales, and weapons-related businesses. HLAL includes large- and midcap equities.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
ESG
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Principles-based

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of January 9, 2025
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Health Technology
Stocks99.77%
Technology Services36.25%
Electronic Technology23.22%
Health Technology10.80%
Consumer Durables5.29%
Energy Minerals5.28%
Consumer Non-Durables4.40%
Producer Manufacturing3.89%
Process Industries2.46%
Retail Trade1.65%
Transportation1.64%
Distribution Services1.30%
Finance0.91%
Industrial Services0.71%
Non-Energy Minerals0.68%
Consumer Services0.46%
Utilities0.42%
Commercial Services0.23%
Health Services0.16%
Bonds, Cash & Other0.23%
Cash0.23%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows