PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SPTE vs. HLAL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SPTE vs. HLAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SP Funds S&P Global Technology ETF (SPTE) and Wahed FTSE USA Shariah ETF (HLAL). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.44%
7.44%
SPTE
HLAL

Returns By Period

In the year-to-date period, SPTE achieves a 30.17% return, which is significantly higher than HLAL's 16.21% return.


SPTE

YTD

30.17%

1M

0.04%

6M

7.44%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

HLAL

YTD

16.21%

1M

2.35%

6M

7.44%

1Y

20.55%

5Y (annualized)

16.08%

10Y (annualized)

N/A

Key characteristics


SPTEHLAL
Daily Std Dev24.66%12.92%
Max Drawdown-18.15%-33.57%
Current Drawdown-4.65%-0.70%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SPTE vs. HLAL - Expense Ratio Comparison

SPTE has a 0.55% expense ratio, which is higher than HLAL's 0.50% expense ratio.


SPTE
SP Funds S&P Global Technology ETF
Expense ratio chart for SPTE: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for HLAL: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Correlation

-0.50.00.51.00.8

The correlation between SPTE and HLAL is 0.78, 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.

Risk-Adjusted Performance

SPTE vs. HLAL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SP Funds S&P Global Technology ETF (SPTE) 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.


Sharpe ratio
No data
SPTE
HLAL

Chart placeholderNot enough data

Dividends

SPTE vs. HLAL - Dividend Comparison

SPTE's dividend yield for the trailing twelve months is around 0.23%, less than HLAL's 0.69% yield.


TTM20232022202120202019
SPTE
SP Funds S&P Global Technology ETF
0.23%0.00%0.00%0.00%0.00%0.00%
HLAL
Wahed FTSE USA Shariah ETF
0.69%0.72%1.15%0.78%0.97%0.72%

Drawdowns

SPTE vs. HLAL - Drawdown Comparison

The maximum SPTE drawdown since its inception was -18.15%, smaller than the maximum HLAL drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for SPTE and HLAL. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.65%
-0.70%
SPTE
HLAL

Volatility

SPTE vs. HLAL - Volatility Comparison

SP Funds S&P Global Technology ETF (SPTE) has a higher volatility of 5.89% compared to Wahed FTSE USA Shariah ETF (HLAL) at 4.36%. This indicates that SPTE'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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
5.89%
4.36%
SPTE
HLAL