MNZL - ETF AI Analysis
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Manzil Russell Halal USA Broad Market ETF (MNZL)
Rating:73Outperform
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has delivered strong gains so far this year and over the past three months, showing solid recent momentum.
Leading Technology Exposure
A large portion of the fund is invested in major technology names, many of which have shown strong year-to-date performance and helped drive returns.
Halal, Broad U.S. Market Access
The ETF offers halal-compliant exposure to a wide range of U.S. companies across multiple sectors, giving investors diversified access within this niche.
Negative Factors
High Sector Concentration in Technology
Nearly half of the portfolio is in the technology sector, which increases the fund’s sensitivity to swings in tech stocks.
Heavy Reliance on a Few Large Holdings
A small number of companies, such as Apple and other big tech names, make up a significant share of the fund, raising single-stock risk.
Limited International Diversification
With almost all assets in U.S. stocks and only a very small allocation to the UK, the fund offers little geographic diversification beyond the U.S. market.
MNZL vs. SPDR S&P 500 ETF (SPY)
AUM28.19M
RegionNorth America
Expense Ratio0.40%
Beta0.99
IssuerManzil
Inception DateNov 18, 2025
Dividend Yield0.03%
Asset ClassEquity
Index TrackedRussell Ideal Ratings Manzil Halal USA Broad Market Custom Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume8,502
30 Day Avg. Volume6,016
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
72.00Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering484
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
MNZL Summary
The Manzil Russell Halal USA Broad Market ETF (MNZL) is a U.S. stock fund that follows the Russell Ideal Ratings Manzil Halal USA Broad Market Index. It invests in large American companies that meet Islamic (Shariah) ethical standards, with a strong focus on technology and health care. Well-known holdings include Apple and Tesla. Someone might invest in this ETF to get broad exposure to many leading U.S. companies while staying aligned with specific religious or ethical values. A key risk is that it is heavily tilted toward tech stocks, so its price can rise and fall sharply with that sector.
How much will it cost me?The Manzil Russell Halal USA Broad Market ETF (MNZL) has an expense ratio of 0.4%, which means you’ll pay $4 per year for every $1,000 invested. This is higher than average because it is actively managed to ensure compliance with Shariah principles, requiring additional oversight and specialized criteria.
What would affect this ETF?The MNZL ETF, heavily focused on technology and healthcare sectors, could benefit from continued innovation and growth in these industries, especially if consumer demand for tech products and advancements in healthcare remain strong. However, it may face challenges from rising interest rates, which can negatively impact growth stocks like those in the tech sector, or economic slowdowns that reduce consumer spending in cyclical industries. Additionally, regulatory changes affecting Shariah-compliant investments or large-cap companies could influence its performance.
MNZL Top 10 Holdings
This halal U.S. large-cap fund leans heavily on tech, with Apple as the main engine: its gains this year keep the fund humming, even if the stock has cooled a bit lately. Broadcom, AMD, and Micron add more AI-fueled power, though their recent moves have been a bit choppy. On the flip side, Tesla is clearly dragging the portfolio, with weakness over both the short and longer term. Health care names like Eli Lilly and Johnson & Johnson provide a steadier counterweight, but overall this is a U.S.-only, tech-driven story.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Apple | 15.39% | $4.34M | $4.53T | 35.14% | 79 Outperform | |
| Broadcom | 5.69% | $1.60M | $1.71T | 19.71% | 76 Outperform | |
| Micron | 3.50% | $986.00K | $1.03T | 700.83% | 79 Outperform | |
| Tesla | 3.47% | $977.76K | $1.38T | -0.40% | 73 Outperform | |
| Eli Lilly & Co | 3.43% | $966.37K | $1.17T | 67.61% | 72 Outperform | |
| Advanced Micro Devices | 2.53% | $712.98K | $745.62B | 187.59% | 73 Outperform | |
| Johnson & Johnson | 2.31% | $650.38K | $658.00B | 54.76% | 78 Outperform | |
| Lam Research | 1.31% | $369.41K | $388.12B | 203.64% | 77 Outperform | |
| Merck & Company | 1.31% | $369.12K | $371.70B | 84.08% | 80 Outperform | |
| Applied Materials | 1.30% | $366.53K | $384.25B | 191.80% | 77 Outperform |
MNZL Technical Analysis
Neutral
―
Price Trends
60.23
Negative
58.40
Positive
Market Momentum
0.14
Positive
49.41
Neutral
16.02
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For MNZL, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 60.13, equal to the 50-day MA of 60.23, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.14 indicates Positive momentum. The RSI at 49.41 is Neutral, neither overbought nor oversold. The STOCH value of 16.02 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MNZL.
MNZL Peer Comparison
Comparison Results
Performance Comparison
MNZL
Manzil Russell Halal USA Broad Market ETF
60.16
10.92
22.18%
ALTL
Pacer Lunt Large Cap Alternator ETF
―
―
―
PRMR
PeakShares RMR Prime Equity ETF
―
―
―
SPXE
ProShares S&P 500 Ex-Energy ETF
―
―
―
FCUS
Pinnacle Focused Opportunities ETF
―
―
―
HUSV
First Trust Horizon Managed Volatility Domestic ETF
―
―
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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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