Wahed FTSE USA Shariah ETF (HLAL)
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
US53656F6079
53656F607
Jul 16, 2019
North America (U.S.)
1x
FTSE Shariah USA Index
Large-Cap
Blend
Share Price Chart
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Performance
Performance Chart
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.
Returns By Period
Wahed FTSE USA Shariah ETF had a return of 15.55% year-to-date (YTD) and 19.86% in the last 12 months.
HLAL
15.55%
0.65%
7.63%
19.86%
15.96%
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of HLAL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.33% | 4.28% | 1.75% | -3.89% | 4.56% | 4.22% | 0.12% | 1.09% | 2.44% | -3.10% | 15.55% | ||
| 2023 | 5.99% | -1.45% | 6.22% | 1.59% | 1.84% | 6.28% | 3.13% | -1.59% | -4.51% | -2.75% | 9.16% | 3.66% | 30.13% |
| 2022 | -5.02% | -2.85% | 4.60% | -7.42% | 0.21% | -8.83% | 9.76% | -4.41% | -8.86% | 7.30% | 5.02% | -6.27% | -17.56% |
| 2021 | 0.63% | -0.46% | 4.33% | 3.31% | 0.14% | 3.35% | 2.87% | 2.32% | -4.67% | 7.61% | 1.40% | 5.15% | 28.64% |
| 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% | 24.65% |
| 2019 | -0.08% | -3.25% | 3.52% | 1.77% | 4.58% | 4.18% | 10.96% |
Expense Ratio
HLAL features an expense ratio of 0.50%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of HLAL is 56, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Wahed FTSE USA Shariah ETF (HLAL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Wahed FTSE USA Shariah ETF provided a 0.70% dividend yield over the last twelve months, with an annual payout of $0.36 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.33 | $0.41 | $0.34 | $0.33 | $0.20 |
Dividend yield | 0.70% | 0.72% | 1.15% | 0.78% | 0.97% | 0.72% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.22 | |
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.14 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.11 | $0.41 |
| 2021 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.34 |
| 2020 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.10 | $0.33 |
| 2019 | $0.08 | $0.00 | $0.00 | $0.12 | $0.20 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 1.26%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.57% | Feb 20, 2020 | 23 | Mar 23, 2020 | 84 | Jul 22, 2020 | 107 |
| -23.18% | Jan 4, 2022 | 195 | Oct 12, 2022 | 187 | Jul 13, 2023 | 382 |
| -9.99% | Sep 3, 2020 | 41 | Oct 30, 2020 | 11 | Nov 16, 2020 | 52 |
| -9.86% | Aug 1, 2023 | 63 | Oct 27, 2023 | 24 | Dec 1, 2023 | 87 |
| -9.28% | Jul 11, 2024 | 18 | Aug 5, 2024 | 67 | Nov 7, 2024 | 85 |
Volatility
Volatility Chart
The current Wahed FTSE USA Shariah ETF volatility is 4.36%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.