HLAL - ETF AI Analysis
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Wahed FTSE USA Shariah ETF (HLAL)
Rating:76Outperform
Price Target:―
Positive Factors
Strong Overall Year-To-Date Performance
The ETF has delivered strong gains so far this year, showing solid momentum for investors.
Leading Technology and Health Care Holdings
Several major positions in technology and health care, such as Apple, Nvidia, Alphabet, Broadcom, Micron, and Eli Lilly, have shown strong or steady performance, helping support the fund’s returns.
Growing Asset Base
The fund has built up a sizable level of assets under management, suggesting healthy investor interest and stability.
Negative Factors
High Concentration in a Few Stocks
A small number of companies make up a large share of the portfolio, which increases the impact that any one stock’s moves can have on the ETF.
Sector Concentration in Technology
More than half of the fund is invested in the technology sector, making it sensitive to downturns or volatility in tech-related stocks.
Mixed Performance Among Top Holdings
Some large positions such as Microsoft, Meta, and Tesla have shown weak or lagging performance this year, which can drag on the fund’s overall results.
HLAL vs. SPDR S&P 500 ETF (SPY)
AUM938.32M
RegionNorth America
Expense Ratio0.50%
Beta1.04
IssuerWahed
Inception DateJul 16, 2019
Dividend Yield0.44%
Asset ClassEquity
Index TrackedFTSE USA Shariah Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume42,198
30 Day Avg. Volume56,249
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
89.57Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering209
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
HLAL Summary
HLAL is an ETF that follows the FTSE USA Shariah Index, investing in U.S. companies that meet Islamic investing rules, avoiding businesses tied to alcohol, gambling, or traditional banks. It mainly holds large, well-known tech and growth companies like Apple, Nvidia, Microsoft, and Alphabet, giving investors broad exposure to the U.S. stock market while staying faith-based and socially responsible. Someone might invest in HLAL for long-term growth and diversification within a Shariah-compliant framework. A key risk is that it is heavily tilted toward technology stocks, so its value can rise and fall sharply with that sector and the overall market.
How much will it cost me?The Wahed FTSE USA Shariah ETF (HLAL) has an expense ratio of 0.50%, which means you’ll pay $5 per year for every $1,000 invested. This is higher than the average for passively managed ETFs because it involves specialized screening to ensure Shariah compliance, which adds to the cost.
What would affect this ETF?The Wahed FTSE USA Shariah ETF (HLAL) could benefit from continued growth in the U.S. technology sector, which makes up a significant portion of its holdings, as well as increasing interest in socially responsible and Shariah-compliant investing. However, it may face challenges from rising interest rates or economic slowdowns that could negatively impact growth-oriented sectors like technology and communication services, which are heavily weighted in the ETF. Regulatory changes or geopolitical tensions affecting the U.S. market could also influence its performance.
HLAL Top 10 Holdings
HLAL is riding a tech-heavy wave, with U.S. giants firmly at the helm. Nvidia and Microsoft are the main engines right now, both rising on the back of AI and cloud momentum. Apple, by contrast, has been more of a steady but slightly tired workhorse, recently losing a bit of steam. Alphabet’s twin share classes add to the tech tilt but have shown mixed, sometimes choppy performance, while Meta has been lagging and occasionally weighing on returns. Overall, this is a U.S.-centric, Big Tech–dominated story with a clear growth-and-AI flavor.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 12.48% | $117.12M | $5.15T | 24.46% | 76 Outperform | |
| Apple | 12.26% | $115.04M | $4.85T | 41.67% | 79 Outperform | |
| Microsoft | 9.29% | $87.19M | $3.64T | -3.90% | 79 Outperform | |
| Alphabet Class A | 5.10% | $47.82M | $4.17T | 37.81% | 85 Outperform | |
| Alphabet Class C | 4.12% | $38.62M | $4.17T | 34.65% | 82 Outperform | |
| Broadcom | 4.03% | $37.81M | $1.62T | 0.56% | 76 Outperform | |
| Meta Platforms | 3.78% | $35.43M | $1.72T | -12.55% | 76 Outperform | |
| Tesla | 2.67% | $25.04M | $1.41T | -12.15% | 73 Outperform | |
| Micron | 2.66% | $25.00M | $1.05T | 500.69% | 79 Outperform | |
| Eli Lilly & Co | 2.30% | $21.58M | $1.07T | 51.05% | 72 Outperform |
HLAL Technical Analysis
Positive
―
Price Trends
71.96
Positive
71.19
Positive
66.74
Positive
Market Momentum
0.27
Negative
59.57
Neutral
72.32
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HLAL, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 72.68, equal to the 50-day MA of 71.96, and equal to the 200-day MA of 66.74, indicating a bullish trend. The MACD of 0.27 indicates Negative momentum. The RSI at 59.57 is Neutral, neither overbought nor oversold. The STOCH value of 72.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HLAL.
HLAL Peer Comparison
Comparison Results
Performance Comparison
HLAL
Wahed FTSE USA Shariah ETF
73.68
14.70
24.92%
AUSF
Global X Adaptive U.S. Factor ETF
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FDMO
Fidelity Momentum Factor ETF
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AVTM
Avantis Total Equity Markets ETF
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BGDV
Bahl & Gaynor Dividend ETF
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PFM
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis 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.Date of analysis: ―
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