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
Stocks99.62%
Technology Services36.99%
Electronic Technology21.12%
Health Technology10.66%
Energy Minerals4.92%
Consumer Non-Durables4.83%
Consumer Durables4.70%
Producer Manufacturing4.28%
Process Industries2.58%
Transportation1.62%
Retail Trade1.51%
Distribution Services1.50%
Finance1.27%
Non-Energy Minerals1.11%
Communications0.88%
Industrial Services0.67%
Consumer Services0.51%
Commercial Services0.22%
Health Services0.14%
Utilities0.11%
Bonds, Cash & Other0.38%
Cash0.38%
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
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HLAL invests in stocks. The fund's major sectors are Technology Services, with 36.99% stocks, and Electronic Technology, with 21.12% of the basket. The assets are mostly located in the North America region.
HLAL top holdings are Microsoft Corporation and Apple Inc., occupying 15.31% and 13.20% of the portfolio correspondingly.
HLAL last dividends amounted to 0.08 USD. The year before, the issuer paid 0.08 USD in dividends, which shows a 3.61% decrease.
HLAL assets under management is 596.79 M USD. It's risen 3.81% over the last month.
HLAL fund flows account for 120.32 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HLAL pays dividends to its holders with the dividend yield of 0.69%. The last dividend (Mar 27, 2025) amounted to 0.08 USD. The dividends are paid annually.
HLAL shares are issued by Wahed Invest LLC under the brand Wahed. The ETF was launched on Jul 16, 2019, and its management style is Passive.
HLAL expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
HLAL follows the FTSE USA Shariah Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HLAL invests in stocks.
HLAL price has risen by 4.63% over the last month, and its yearly performance shows a 5.75% increase. See more dynamics on HLAL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.87% over the last month, showed a 0.85% increase in three-month performance and has increased by 6.21% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.87% over the last month, showed a 0.85% increase in three-month performance and has increased by 6.21% in a year.
HLAL trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.