MRCH.L vs. HLAL
Compare and contrast key facts about Merchants Trust plc (MRCH.L) and Wahed FTSE USA Shariah ETF (HLAL).
HLAL is a passively managed fund by Wahed that tracks the performance of the FTSE Shariah USA Index. It was launched on Jul 16, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MRCH.L or HLAL.
Key characteristics
| MRCH.L | HLAL | |
|---|---|---|
| YTD Return | 5.85% | 17.01% |
| 1Y Return | 15.59% | 27.49% |
| 3Y Return (Ann) | 6.42% | 9.66% |
| 5Y Return (Ann) | 8.11% | 16.48% |
| Sharpe Ratio | 1.24 | 2.01 |
| Sortino Ratio | 1.78 | 2.66 |
| Omega Ratio | 1.22 | 1.36 |
| Calmar Ratio | 1.40 | 2.83 |
| Martin Ratio | 5.26 | 10.63 |
| Ulcer Index | 3.18% | 2.47% |
| Daily Std Dev | 13.56% | 13.06% |
| Max Drawdown | -55.29% | -33.57% |
| Current Drawdown | -5.30% | 0.00% |
Correlation
The correlation between MRCH.L and HLAL is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MRCH.L vs. HLAL - Performance Comparison
In the year-to-date period, MRCH.L achieves a 5.85% return, which is significantly lower than HLAL's 17.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
MRCH.L vs. HLAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Merchants Trust plc (MRCH.L) 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.
Dividends
MRCH.L vs. HLAL - Dividend Comparison
MRCH.L's dividend yield for the trailing twelve months is around 5.12%, more than HLAL's 0.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MRCH.L Merchants Trust plc | 5.12% | 5.04% | 4.88% | 4.87% | 6.09% | 4.77% | 5.53% | 3.69% | 5.30% | 5.55% | 2.53% | 4.57% |
HLAL Wahed FTSE USA Shariah ETF | 0.69% | 0.72% | 1.15% | 0.78% | 0.97% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
MRCH.L vs. HLAL - Drawdown Comparison
The maximum MRCH.L drawdown since its inception was -55.29%, which is greater than HLAL's maximum drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for MRCH.L and HLAL. For additional features, visit the drawdowns tool.
Volatility
MRCH.L vs. HLAL - Volatility Comparison
Merchants Trust plc (MRCH.L) has a higher volatility of 5.03% compared to Wahed FTSE USA Shariah ETF (HLAL) at 4.19%. This indicates that MRCH.L's price experiences larger fluctuations and is considered to be riskier than HLAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.