HLAL - ETF AI Analysis
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Wahed FTSE USA Shariah ETF (HLAL)
HLAL’s rating reflects a portfolio led by high-quality tech giants like Apple, Microsoft, and Alphabet, whose strong financial performance and growth in areas such as cloud, AI, and services provide a solid foundation for the ETF. At the same time, holdings like Tesla and Eli Lilly introduce some caution due to valuation and leverage concerns, and the fund’s heavy concentration in large U.S. technology names means performance is closely tied to that sector’s fortunes.
HLAL vs. SPDR S&P 500 ETF (SPY)
- AUM
- 933.01M
- Region
- North America
- Expense Ratio
- 0.50%
- Beta
- 1.06
- Issuer
- Wahed
- Inception Date
- Jul 16, 2019
- Dividend Yield
- 0.38%
- Asset Class
- Equity
- Index Tracked
- FTSE USA Shariah Index
HLAL Summary
HLAL is an ETF that follows the FTSE USA Shariah Index, investing in a broad range of U.S. companies that meet Islamic investing rules. It avoids businesses tied to alcohol, gambling, and traditional interest-based banks, while still giving you wide exposure to the U.S. stock market. Many of its holdings are large, well-known names like Apple and Microsoft, with a strong tilt toward technology and communication services. Someone might invest in HLAL for long-term growth and diversification that also aligns with their values. A key risk is that it is heavily concentrated in tech stocks, so its price can move up and down sharply with that sector.
How much will it cost me?
HLAL has an expense ratio of 0.50%, which means you’ll pay about $5 per year for every $1,000 invested. This cost is higher than the average U.S. stock index ETF because HLAL is passively tracking a specialized Shariah-compliant index, which requires extra screening to ensure companies meet Islamic investing principles.
What would affect this ETF?
Future performance of HLAL will be helped if the U.S. economy stays strong and large technology and communication companies like Nvidia, Apple, Microsoft, and Alphabet continue to grow, as the fund is heavily invested in these sectors and benefits from overall gains in the U.S. stock market. On the downside, rising interest rates, a slowdown in big tech, or new regulations affecting major U.S. companies could hurt returns, and the Shariah screening rules may limit flexibility if certain sectors or stocks outperform but are excluded from the fund.
HLAL Top 10 Holdings
HLAL is essentially riding the Big Tech and AI wave, with Nvidia, Apple, and Microsoft sitting in the driver’s seat thanks to generally rising or steady momentum and heavy weights in the portfolio. Alphabet’s twin share classes and Meta are more of a mixed bag lately, sometimes losing steam and holding back returns, even as their long-term AI stories stay intact. Micron and Eli Lilly add a dash of semiconductor and healthcare strength, but this is still a U.S.-only, tech-heavy ETF where a handful of mega-cap names largely set the tone.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 AAPL | Apple | 12.86% | $120.02M | $4.94T | 23.36% | 79Outperform |
 NVDA | Nvidia | 12.27% | $114.48M | $4.87T | -0.09% | 76Outperform |
 MSFT | Microsoft | 9.98% | $93.13M | $3.77T | 0.77% | 79Outperform |
 GOOGL | Alphabet Class A | 4.31% | $40.18M | $3.40T | -1.30% | 85Outperform |
 AVGO | Broadcom | 3.97% | $37.05M | $1.54T | -8.39% | 76Outperform |
 META | Meta Platforms | 3.53% | $32.97M | $1.55T | -2.62% | 76Outperform |
 GOOG | Alphabet Class C | 3.50% | $32.68M | $3.40T | -2.06% | 82Outperform |
 TSLA | Tesla | 3.13% | $29.16M | $1.60T | -14.92% | 73Outperform |
 LLY | Eli Lilly & Co | 2.93% | $27.37M | $1.33T | 57.20% | 72Outperform |
 MU | Micron | 2.49% | $23.22M | $943.14B | 264.34% | 79Outperform |
HLAL Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HLAL, the sentiment is Negative. The current price of 70.95 is below the 20-day moving average (MA) of 73.85, below the 50-day MA of 73.76, and above the 200-day MA of 68.59, indicating a neutral trend. The MACD of -0.73 indicates Positive momentum. The RSI at 35.05 is Neutral, neither overbought nor oversold. The STOCH value of 11.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HLAL.
HLAL Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| HLAL | $70.95 | $84.00(18.39% Upside) | $933.01M | 0.50% | 76Outperform |
 SEUS | $25.64 | $30.84(20.31% Upside) | $933.11M | 0.30% | 73Outperform |
 AUSF | $51.97 | $57.97(11.55% Upside) | $1.28B | 0.27% | 71Outperform |
 BGDV | $31.41 | $37.14(18.24% Upside) | $871.15M | 0.45% | 74Outperform |
 AAUB | $49.76 | $60.54(21.67% Upside) | $822.70M | 0.10% | 66Neutral |
 FDMO | $89.37 | $112.83(26.25% Upside) | $811.06M | 0.15% | 73Outperform |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HLAL | Wahed FTSE USA Shariah ETF | 70.95 | 10.06 | 16.52% | |
| SEUS | SEI QiM U.S. Equity Factor Allocation Active ETF | 25.64 | 0.37 | 1.46% | |
| AUSF | Global X Adaptive U.S. Factor ETF | 51.97 | 8.08 | 18.40% | |
| BGDV | Bahl & Gaynor Dividend ETF | 31.41 | 5.02 | 19.03% | |
| AAUB | Alpha Architect US Equity 4 ETF | 49.76 | 0.27 | 0.55% | |
| FDMO | Fidelity Momentum Factor ETF | 89.37 | 5.83 | 6.97% |
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.