Key stats
About Wahed FTSE USA Shariah ETF
Home page
Inception date
Jul 16, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Wahed Invest LLC
Distributor
Quasar Distributors LLC
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Health Technology
Stocks99.79%
Technology Services33.80%
Electronic Technology23.13%
Health Technology11.49%
Energy Minerals5.93%
Consumer Non-Durables5.08%
Consumer Durables4.00%
Producer Manufacturing3.89%
Process Industries2.75%
Transportation1.67%
Retail Trade1.51%
Distribution Services1.46%
Finance1.32%
Non-Energy Minerals1.07%
Communications0.94%
Industrial Services0.75%
Consumer Services0.49%
Commercial Services0.25%
Health Services0.14%
Utilities0.11%
Bonds, Cash & Other0.21%
Cash0.21%
Stock breakdown by region
North America96.79%
Europe3.21%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history