RITA vs. HLAL
Compare and contrast key facts about ETFB Green SRI REITs ETF (RITA) and Wahed FTSE USA Shariah ETF (HLAL).
RITA and HLAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RITA is a passively managed fund by ETFB that tracks the performance of the FTSE EPRA Nareit IdealRatings Developed REITs Islamic Green Capped Index - Benchmark TR Gross. It was launched on Dec 8, 2021. 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. Both RITA and HLAL are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RITA or HLAL.
Correlation
The correlation between RITA and HLAL is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
RITA vs. HLAL - Performance Comparison
Key characteristics
RITA:
0.82
HLAL:
1.19
RITA:
1.21
HLAL:
1.62
RITA:
1.14
HLAL:
1.22
RITA:
0.40
HLAL:
1.72
RITA:
2.17
HLAL:
5.94
RITA:
5.31%
HLAL:
2.68%
RITA:
13.99%
HLAL:
13.39%
RITA:
-35.92%
HLAL:
-33.57%
RITA:
-18.60%
HLAL:
-2.03%
Returns By Period
In the year-to-date period, RITA achieves a 3.02% return, which is significantly higher than HLAL's 1.97% return.
RITA
3.02%
3.72%
-0.96%
8.12%
N/A
N/A
HLAL
1.97%
0.50%
6.76%
14.37%
14.65%
N/A
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RITA vs. HLAL - Expense Ratio Comparison
Both RITA and HLAL have an expense ratio of 0.50%.
Risk-Adjusted Performance
RITA vs. HLAL — Risk-Adjusted Performance Rank
RITA
HLAL
RITA vs. HLAL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFB Green SRI REITs ETF (RITA) 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
RITA vs. HLAL - Dividend Comparison
RITA's dividend yield for the trailing twelve months is around 3.03%, more than HLAL's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
RITA ETFB Green SRI REITs ETF | 3.03% | 3.12% | 3.25% | 2.41% | 0.20% | 0.00% | 0.00% |
HLAL Wahed FTSE USA Shariah ETF | 0.57% | 0.58% | 0.72% | 1.15% | 0.78% | 0.97% | 0.72% |
Drawdowns
RITA vs. HLAL - Drawdown Comparison
The maximum RITA drawdown since its inception was -35.92%, which is greater than HLAL's maximum drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for RITA and HLAL. For additional features, visit the drawdowns tool.
Volatility
RITA vs. HLAL - Volatility Comparison
ETFB Green SRI REITs ETF (RITA) has a higher volatility of 4.62% compared to Wahed FTSE USA Shariah ETF (HLAL) at 2.96%. This indicates that RITA'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.