STXG vs. HLAL

Last updated Jun 3, 2026

STXG (Strive 1000 Growth ETF) and HLAL (Wahed FTSE USA Shariah ETF) are both Large Cap Growth Equities funds - STXG tracks the Bloomberg US 1000 Growth while HLAL tracks the FTSE Shariah USA Index. Both are passively managed. Over the past 3 years, STXG returned 24.12%/yr vs 22.07%/yr for HLAL. Their correlation of 0.93 suggests significant overlap in exposure. STXG charges 0.18%/yr vs 0.50%/yr for HLAL.

Performance

STXG vs. HLAL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Strive 1000 Growth ETF (STXG) and Wahed FTSE USA Shariah ETF (HLAL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STXG achieves a 11.15% return, which is significantly lower than HLAL's 18.80% return.

STXG

• 1D: 0.10%
• 1M: 6.55%
• YTD: 11.15%
• 6M: 10.91%
• 1Y: 29.72%
• 3Y*: 24.12%
• 5Y*: —
• 10Y*: —

HLAL

• 1D: 0.63%
• 1M: 8.99%
• YTD: 18.80%
• 6M: 18.19%
• 1Y: 44.31%
• 3Y*: 22.07%
• 5Y*: 16.13%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

STXG vs. HLAL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
STXG Strive 1000 Growth ETF	11.15%	17.82%	28.53%	35.95%	-3.74%
HLAL Wahed FTSE USA Shariah ETF	18.80%	18.30%	16.70%	30.13%	-3.37%

Correlation

The correlation between STXG and HLAL is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (All Time) Calculated using the full available price history since Nov 11, 2022	0.93

The correlation between STXG and HLAL has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

STXG vs. HLAL - Sectors Allocation Comparison

Sectors	STXG	HLAL
Technology	45.0%	50.4%
Communication Services	12.6%	16.7%
Consumer Cyclical	11.4%	5.6%
Industrials	9.3%	4.6%
Financial Services	7.6%	0.0%
Healthcare	6.0%	10.5%
Consumer Defensive	3.4%	2.9%
Real Estate	1.7%	0.8%
Basic Materials	1.5%	2.5%
Utilities	0.7%	1.0%
Energy	0.6%	4.5%

Return for Risk

STXG vs. HLAL — Risk / Return Rank

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

STXG

STXG Risk / Return Rank: 56
STXG Sharpe Ratio Rank: 61
STXG Sortino Ratio Rank: 59
STXG Omega Ratio Rank: 58
STXG Calmar Ratio Rank: 47
STXG Martin Ratio Rank: 55

HLAL

HLAL Risk / Return Rank: 90
HLAL Sharpe Ratio Rank: 92
HLAL Sortino Ratio Rank: 93
HLAL Omega Ratio Rank: 91
HLAL Calmar Ratio Rank: 82
HLAL Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

STXG vs. HLAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Strive 1000 Growth ETF (STXG) 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.

	STXG	HLAL	Difference
Sharpe ratio Return per unit of total volatility	2.07	3.38	-1.31
Sortino ratio Return per unit of downside risk	2.83	4.68	-1.85
Omega ratio Gain probability vs. loss probability	1.36	1.60	-0.23
Calmar ratio Return relative to maximum drawdown	2.39	4.40	-2.01
Martin ratio Return relative to average drawdown	9.70	20.35	-10.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STXG vs. HLAL - Sharpe Ratio Comparison

The current STXG Sharpe Ratio is 2.07, which is lower than the HLAL Sharpe Ratio of 3.38. The chart below compares the historical Sharpe Ratios of STXG and HLAL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	STXG	HLAL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.07	3.38	-1.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.92	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.43	0.90	+0.54

Drawdowns

STXG vs. HLAL - Drawdown Comparison

The maximum STXG drawdown since its inception was -21.22%, smaller than the maximum HLAL drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for STXG and HLAL.

Drawdown Indicators

	STXG	HLAL	Difference
Max Drawdown Largest peak-to-trough decline	-21.22%	-33.57%	+12.35%
Max Drawdown (1Y) Largest decline over 1 year	-12.62%	-10.20%	-2.42%
Max Drawdown (3Y) Largest decline over 3 years	-21.22%	-21.67%	+0.45%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.18%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.62%	-5.00%	+2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.11%	2.20%	+0.91%

Volatility

STXG vs. HLAL - Volatility Comparison

The current volatility for Strive 1000 Growth ETF (STXG) is 3.49%, while Wahed FTSE USA Shariah ETF (HLAL) has a volatility of 3.79%. This indicates that STXG 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.

Volatility by Period

	STXG	HLAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.49%	3.79%	-0.30%
Volatility (6M) Calculated over the trailing 6-month period	11.05%	9.96%	+1.09%
Volatility (1Y) Calculated over the trailing 1-year period	14.41%	13.17%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.53%	17.60%	-0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.53%	20.22%	-2.69%

STXG vs. HLAL - Expense Ratio Comparison

STXG has a 0.18% expense ratio, which is lower than HLAL's 0.50% expense ratio.

Dividends

STXG vs. HLAL - Dividend Comparison

STXG's dividend yield for the trailing twelve months is around 0.45%, more than HLAL's 0.44% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
HLAL Wahed FTSE USA Shariah ETF	0.44%	0.53%	0.58%	0.72%	1.15%	0.78%	0.97%	0.72%
STXG Strive 1000 Growth ETF	0.45%	0.48%	0.51%	0.55%	0.16%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both STXG and HLAL in my portfolio?

With a correlation of 0.92, STXG and HLAL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, STXG or HLAL?

HLAL has higher volatility (3.79%) compared to STXG (3.49%). In terms of maximum drawdown, STXG dropped -21.22% vs HLAL's -33.57%.

Which ETF is better, STXG or HLAL?

On 3-year performance, STXG leads with 24.12% vs 22.07% for HLAL. On fees, STXG is cheaper at 0.18% per year. On volatility, STXG has been the lower-risk option at 3.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, STXG or HLAL?

Over the 3-year period, STXG has performed better with a 24.12% return vs 22.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, STXG or HLAL?

STXG is cheaper with a 0.18% expense ratio, compared with 0.50% for HLAL.

Which ETF pays a higher dividend yield, STXG or HLAL?

STXG and HLAL have nearly identical dividend yields, around 0.45%.

What is the main difference between STXG and HLAL?

STXG tracks Bloomberg US 1000 Growth, while HLAL tracks FTSE Shariah USA Index. They also come from different issuers: Strive and Wahed. Their fees differ too: 0.18% for STXG and 0.50% for HLAL.

Which has better risk-adjusted returns?

HLAL currently has the higher Sharpe Ratio (3.38 vs 2.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.