Wahed FTSE USA Shariah ETF (HLAL)

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The chart shows the growth of an initial investment of $10,000 in Wahed FTSE USA Shariah ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Wahed FTSE USA Shariah ETF (HLAL) has returned -4.25% so far this year and 22.13% over the past 12 months.

Based on dividend-adjusted daily data since Jul 16, 2019, HLAL's average daily return is +0.06%, while the average monthly return is +1.27%. At this rate, your investment would double in approximately 4.6 years.

Historically, 64% of months were positive and 36% were negative. The best month was Apr 2020 with a return of +14.0%, while the worst month was Mar 2020 at -11.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, HLAL closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +10.1%, while the worst single day was Mar 16, 2020 at -10.3%.

Wahed FTSE USA Shariah ETF has an annualized alpha of 2.67%, beta of 0.97, and R² of 0.94 versus S&P 500 Index. Calculated based on daily prices since July 17, 2019.

• This ETF captured 110.58% of S&P 500 Index gains and 100.92% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• This ETF generated an annualized alpha of 2.67% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.97 and R² of 0.94, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

HLAL has an expense ratio of 0.50%, placing it in the medium range.

HLAL ranks 67 for risk / return — better than 67% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Wahed FTSE USA Shariah ETF (HLAL) and compare them to a chosen benchmark (S&P 500 Index).

Wahed FTSE USA Shariah ETF provided a 0.55% dividend yield over the last twelve months, with an annual payout of $0.33 per share.

The table displays the monthly dividend distributions for Wahed FTSE USA Shariah ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Wahed FTSE USA Shariah ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Wahed FTSE USA Shariah ETF was 33.57%, occurring on Mar 23, 2020. Recovery took 84 trading sessions.

The current Wahed FTSE USA Shariah ETF drawdown is 7.30%.

The chart below shows the rolling one-month volatility.