Wahed FTSE USA Shariah ETF (HLAL) belongs to the Large Cap Growth Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HLAL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HLAL
HLAL charges 0.50% annually. There are 105 ETFs in the Large Cap Growth Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Growth ETF | 0.03% | 393.80B | Jan 2004 | HLAL vs VUG | |
| iShares Morningstar U.S. Equity ETF | 0.03% | 1.26B | Jun 2004 | HLAL vs ILCB | |
| iShares Core S&P U.S. Growth ETF | 0.04% | 32.19B | Jul 2000 | HLAL vs IUSG | |
| Schwab U.S. Large-Cap Growth ETF | 0.04% | 59.17B | Dec 2009 | HLAL vs SCHG | |
| State Street SPDR Portfolio S&P 500 Growth ETF | 0.04% | 52.13B | Sep 2000 | HLAL vs SPYG |
Best Risk-Adjusted Alternatives to HLAL
HLAL has a PortfoliosLab risk / return rank of 77. There are 9 ETFs in the Large Cap Growth Equities category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Grizzle Growth ETF | 86 | 33.20M | Dec 2021 | HLAL vs DARP | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | 85 | 267.72M | Aug 2017 | HLAL vs MFUS | |
| MarketDesk Focused U.S. Momentum ETF | 84 | 170.29M | Mar 2025 | HLAL vs FMTM | |
| Inspire 100 ETF | 84 | 495.57M | Oct 2017 | HLAL vs BIBL | |
| Impact Shares NAACP Minority Empowerment ETF | 84 | 59.00M | Jul 2018 | HLAL vs NACP |
Top Performing HLAL Alternatives (YTD)
HLAL is at 12.36% YTD. There are 48 ETFs in the Large Cap Growth Equities category with higher YTD returns, going as high as 49.84%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Roundhill Meme Stock ETF | 49.84% | 26.18M | Oct 2025 | HLAL vs MEME | |
| SMART Earnings Growth 30 ETF | 44.94% | 50.41M | Aug 2025 | HLAL vs SGRT | |
| Franklin Intelligent Machines ETF | 34.32% | 117.69M | Feb 2020 | HLAL vs IQM | |
| Invesco S&P 500 Pure Growth ETF | 30.55% | 2.27B | Mar 2006 | HLAL vs RPG | |
| MarketDesk Focused U.S. Momentum ETF | 30.28% | 170.29M | Mar 2025 | HLAL vs FMTM |
Lowest Volatility Alternatives to HLAL
HLAL has 14.41% 1-year volatility. There are 66 ETFs in the Large Cap Growth Equities category with lower 1-year volatility, going as low as 7.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Core Alternative ETF | 7.56% | 39.10M | May 2017 | HLAL vs CCOR | |
| SPDR MSCI USA StrategicFactors ETF | 9.20% | 1.50B | Apr 2015 | HLAL vs QUS | |
| Invesco Dividend Achievers™ ETF | 9.49% | 774.52M | Sep 2005 | HLAL vs PFM | |
| iShares Core Dividend Growth ETF | 9.51% | 41.89B | Jun 2014 | HLAL vs DGRO | |
| T. Rowe Price Dividend Growth ETF | 9.76% | 1.36B | Aug 2020 | HLAL vs TDVG |
Lowest Drawdown Alternatives to HLAL
HLAL has a 1-year max drawdown of -10.20%. There are 57 ETFs in the Large Cap Growth Equities category with shallower 1-year drawdowns, going as shallow as -5.45%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverFront Dynamic US Dividend Advantage ETF | -5.45% | 85.26M | Jun 2016 | HLAL vs RFDA | |
| Hartford Multifactor US Equity ETF | -5.97% | 656.33M | Feb 2015 | HLAL vs ROUS | |
| PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF | -6.39% | 267.72M | Aug 2017 | HLAL vs MFUS | |
| iShares Core Dividend Growth ETF | -6.47% | 41.89B | Jun 2014 | HLAL vs DGRO | |
| SPDR MSCI USA StrategicFactors ETF | -6.85% | 1.50B | Apr 2015 | HLAL vs QUS |
Other ETFs from Wahed
The 1 most viewed Wahed ETFs shown here include UMMA and span 1 categories. AUM among these funds goes as high as $293M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Wahed Dow Jones Islamic World ETF | Foreign Large Cap Equities | 73 | 30.40% | 292.51M | Jan 2022 | HLAL vs UMMA |
Often Compared With HLAL
Investors most often compare HLAL with SPUS, SPY, VOO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare HLAL with Any Fund or Stock
Compare HLAL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HLAL with funds that move differently
Wahed FTSE USA Shariah ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HLAL.
Explore HLAL Diversifiers