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IMANX vs. HLAL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IMANX and HLAL is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

IMANX vs. HLAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Iman Fund (IMANX) and Wahed FTSE USA Shariah ETF (HLAL). The values are adjusted to include any dividend payments, if applicable.

40.00%60.00%80.00%100.00%120.00%140.00%December2025FebruaryMarchAprilMay
52.68%
107.31%
IMANX
HLAL

Key characteristics

Sharpe Ratio

IMANX:

0.06

HLAL:

0.11

Sortino Ratio

IMANX:

0.27

HLAL:

0.33

Omega Ratio

IMANX:

1.04

HLAL:

1.05

Calmar Ratio

IMANX:

0.08

HLAL:

0.13

Martin Ratio

IMANX:

0.29

HLAL:

0.45

Ulcer Index

IMANX:

6.10%

HLAL:

6.10%

Daily Std Dev

IMANX:

21.35%

HLAL:

20.29%

Max Drawdown

IMANX:

-56.19%

HLAL:

-33.57%

Current Drawdown

IMANX:

-10.24%

HLAL:

-10.58%

Returns By Period

In the year-to-date period, IMANX achieves a -5.78% return, which is significantly higher than HLAL's -6.93% return.


IMANX

YTD

-5.78%

1M

3.76%

6M

-8.83%

1Y

1.34%

5Y*

11.07%

10Y*

10.11%

HLAL

YTD

-6.93%

1M

3.68%

6M

-7.17%

1Y

2.21%

5Y*

15.35%

10Y*

N/A

*Annualized

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IMANX vs. HLAL - Expense Ratio Comparison

IMANX has a 1.28% expense ratio, which is higher than HLAL's 0.50% expense ratio.


Risk-Adjusted Performance

IMANX vs. HLAL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IMANX
The Risk-Adjusted Performance Rank of IMANX is 2727
Overall Rank
The Sharpe Ratio Rank of IMANX is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of IMANX is 2828
Sortino Ratio Rank
The Omega Ratio Rank of IMANX is 2727
Omega Ratio Rank
The Calmar Ratio Rank of IMANX is 2828
Calmar Ratio Rank
The Martin Ratio Rank of IMANX is 2727
Martin Ratio Rank

HLAL
The Risk-Adjusted Performance Rank of HLAL is 2727
Overall Rank
The Sharpe Ratio Rank of HLAL is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of HLAL is 2727
Sortino Ratio Rank
The Omega Ratio Rank of HLAL is 2828
Omega Ratio Rank
The Calmar Ratio Rank of HLAL is 2929
Calmar Ratio Rank
The Martin Ratio Rank of HLAL is 2828
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IMANX vs. HLAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Iman Fund (IMANX) and Wahed FTSE USA Shariah ETF (HLAL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current IMANX Sharpe Ratio is 0.06, which is lower than the HLAL Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of IMANX and HLAL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50December2025FebruaryMarchAprilMay
0.06
0.11
IMANX
HLAL

Dividends

IMANX vs. HLAL - Dividend Comparison

IMANX has not paid dividends to shareholders, while HLAL's dividend yield for the trailing twelve months is around 0.72%.


TTM202420232022202120202019201820172016
IMANX
Iman Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.27%0.03%
HLAL
Wahed FTSE USA Shariah ETF
0.72%0.58%0.72%1.15%0.78%0.97%0.72%0.00%0.00%0.00%

Drawdowns

IMANX vs. HLAL - Drawdown Comparison

The maximum IMANX drawdown since its inception was -56.19%, which is greater than HLAL's maximum drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for IMANX and HLAL. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-10.24%
-10.58%
IMANX
HLAL

Volatility

IMANX vs. HLAL - Volatility Comparison

The current volatility for Iman Fund (IMANX) is 6.83%, while Wahed FTSE USA Shariah ETF (HLAL) has a volatility of 7.32%. This indicates that IMANX experiences smaller price fluctuations and is considered to be less risky than HLAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
6.83%
7.32%
IMANX
HLAL