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Manzil Russell Halal USA Broad Market ETF (MNZL)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Manzil
Inception Date
Nov 18, 2025
Leveraged
1x (No leverage)
Index Tracked
Russell IdealRatings Manzil Halal USA Broad Market Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

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


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S&P 500 Index

Returns By Period


Manzil Russell Halal USA Broad Market ETF

1D
2.91%
1M
-6.18%
YTD
-2.36%
6M
1Y
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Nov 19, 2025, MNZL's average daily return is +0.01%, while the average monthly return is +0.16%. At this rate, your investment would double in approximately 36.1 years.

Historically, 60% of months were positive and 40% were negative. The best month was Nov 2025 with a return of +4.4%, while the worst month was Mar 2026 at -6.2%. The longest winning streak lasted 2 consecutive months, and the longest losing streak was 1 months.

On a daily basis, MNZL closed higher 49% of trading days. The best single day was Mar 31, 2026 with a return of +2.9%, while the worst single day was Jan 20, 2026 at -1.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.83%2.20%-6.18%-2.36%
20254.40%-1.43%2.90%

Benchmark Metrics

Manzil Russell Halal USA Broad Market ETF has an annualized alpha of 7.17%, beta of 1.10, and R² of 0.91 versus S&P 500 Index. Calculated based on daily prices since November 20, 2025.

  • This ETF captured 145.88% of S&P 500 Index gains but only 92.72% of its losses — a favorable profile for investors.
  • This ETF generated an annualized alpha of 7.17% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • With beta of 1.10 and R² of 0.91, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
7.17%
Beta
1.10
0.91
Upside Capture
145.88%
Downside Capture
92.72%

Expense Ratio

MNZL has an expense ratio of 0.40%, placing it in the medium range.


Return for Risk

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Manzil Russell Halal USA Broad Market ETF (MNZL) and compare them to a chosen benchmark (S&P 500 Index).


Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Dividends

Dividend History

Manzil Russell Halal USA Broad Market ETF provided a 0.04% dividend yield over the last twelve months, with an annual payout of $0.02 per share.


0.04%$0.00$0.01$0.01$0.02$0.022025
Dividends
Dividend Yield
PeriodTTM2025
Dividend$0.02$0.02

Dividend yield

0.04%0.04%

Monthly Dividends

The table displays the monthly dividend distributions for Manzil Russell Halal USA Broad Market ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.02$0.02

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Manzil Russell Halal USA Broad Market 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 Manzil Russell Halal USA Broad Market ETF was 9.66%, occurring on Mar 30, 2026. The portfolio has not yet recovered.

The current Manzil Russell Halal USA Broad Market ETF drawdown is 7.03%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-9.66%Feb 12, 202632Mar 30, 2026
-3.59%Dec 11, 20255Dec 17, 202526Jan 27, 202631
-1.77%Nov 20, 20251Nov 20, 20252Nov 24, 20253
-1.74%Feb 3, 20263Feb 5, 20261Feb 6, 20264
-0.8%Jan 28, 20263Jan 30, 20261Feb 2, 20264

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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