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Wahed FTSE USA Shariah ETF (HLAL)

ETF · Currency in USD · Last updated Aug 6, 2022

HLAL is a passive ETF by Wahed tracking the investment results of the FTSE Shariah USA Index. HLAL launched on Jul 16, 2019 and has a 0.50% expense ratio.

ETF Info

ISINUS53656F6079
CUSIP53656F607
IssuerWahed
Inception DateJul 16, 2019
RegionNorth America (U.S.)
CategoryLarge Cap Growth Equities
Expense Ratio0.50%
Index TrackedFTSE Shariah USA Index
ETF Home Pagefunds.wahedinvest.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Trading Data

Previous Close$38.64
Year Range$34.02 - $43.49
EMA (50)$37.16
EMA (200)$38.45
Average Volume$15.36K

HLALShare Price Chart


Chart placeholderClick Calculate to get results

HLALPerformance

The chart shows the growth of $10,000 invested in Wahed FTSE USA Shariah ETF in Jul 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $15,965 for a total return of roughly 59.65%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%5.00%MarchAprilMayJuneJulyAugust
-5.06%
-7.55%
HLAL (Wahed FTSE USA Shariah ETF)
Benchmark (^GSPC)

HLALReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M8.88%8.19%
6M-5.47%-7.42%
YTD-10.27%-13.03%
1Y-0.24%-5.85%
5Y16.52%11.10%
10Y16.52%11.10%

HLALMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-5.02%-2.85%4.60%-7.42%0.21%-8.83%9.76%0.16%
20210.63%-0.46%4.33%3.31%0.14%3.35%2.87%2.32%-4.67%7.61%1.40%5.15%
2020-0.95%-9.54%-11.89%13.95%5.71%2.86%6.99%10.05%-4.35%-4.59%12.68%5.25%
2019-0.08%-3.25%3.52%1.77%4.58%4.18%

HLALSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Wahed FTSE USA Shariah ETF Sharpe ratio is -0.02. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.500.000.501.001.50MarchAprilMayJuneJulyAugust
-0.02
-0.31
HLAL (Wahed FTSE USA Shariah ETF)
Benchmark (^GSPC)

HLALDividend History

Wahed FTSE USA Shariah ETF granted a 0.78% dividend yield in the last twelve months. The annual payout for that period amounted to $0.30 per share.


PeriodTTM202120202019
Dividend$0.30$0.34$0.33$0.20

Dividend yield

0.78%0.79%0.98%0.74%

HLALDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-11.15%
-13.58%
HLAL (Wahed FTSE USA Shariah ETF)
Benchmark (^GSPC)

HLALWorst Drawdowns

The table below shows the maximum drawdowns of the Wahed FTSE USA Shariah ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Wahed FTSE USA Shariah ETF is 33.57%, recorded on Mar 23, 2020. It took 84 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-33.57%Feb 20, 202023Mar 23, 202084Jul 22, 2020107
-21.78%Jan 4, 2022115Jun 17, 2022
-9.99%Sep 3, 202041Oct 30, 202011Nov 16, 202052
-7.12%Jul 25, 201916Aug 15, 201919Sep 12, 201935
-7.05%Feb 16, 202113Mar 4, 202121Apr 5, 202134
-5.64%Sep 3, 202121Oct 4, 202115Oct 25, 202136
-4.43%Jan 26, 20214Jan 29, 202110Feb 12, 202114
-4.29%May 10, 20213May 12, 202130Jun 24, 202133
-4.13%Sep 13, 201914Oct 2, 201917Oct 25, 201931
-3.71%Jan 21, 20209Jan 31, 20204Feb 6, 202013

HLALVolatility Chart

Current Wahed FTSE USA Shariah ETF volatility is 20.13%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


15.00%20.00%25.00%30.00%35.00%40.00%MarchAprilMayJuneJulyAugust
20.13%
19.67%
HLAL (Wahed FTSE USA Shariah ETF)
Benchmark (^GSPC)