WISEX vs. HLAL
Compare and contrast key facts about Azzad Wise Capital Fund (WISEX) and Wahed FTSE USA Shariah ETF (HLAL).
WISEX is managed by Azzad Fund. It was launched on Apr 1, 2010. 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.
Performance
WISEX vs. HLAL - Performance Comparison
Loading graphics...
WISEX vs. HLAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
WISEX Azzad Wise Capital Fund | -0.56% | 5.29% | 4.53% | 3.90% | -3.37% | 1.99% | 3.52% | 1.60% |
HLAL Wahed FTSE USA Shariah ETF | -3.31% | 18.30% | 16.70% | 30.13% | -17.56% | 28.64% | 24.65% | 10.96% |
Returns By Period
In the year-to-date period, WISEX achieves a -0.56% return, which is significantly higher than HLAL's -3.31% return.
WISEX
- 1D
- 0.19%
- 1M
- -1.46%
- YTD
- -0.56%
- 6M
- 0.25%
- 1Y
- 3.08%
- 3Y*
- 3.95%
- 5Y*
- 2.27%
- 10Y*
- 2.31%
HLAL
- 1D
- 0.98%
- 1M
- -4.62%
- YTD
- -3.31%
- 6M
- 0.55%
- 1Y
- 22.37%
- 3Y*
- 16.11%
- 5Y*
- 11.90%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
WISEX vs. HLAL - Expense Ratio Comparison
WISEX has a 0.89% expense ratio, which is higher than HLAL's 0.50% expense ratio.
Return for Risk
WISEX vs. HLAL — Risk / Return Rank
WISEX
HLAL
WISEX vs. HLAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Azzad Wise Capital Fund (WISEX) 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.
| WISEX | HLAL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.45 | 1.15 | +1.30 |
Sortino ratioReturn per unit of downside risk | 3.56 | 1.77 | +1.78 |
Omega ratioGain probability vs. loss probability | 1.59 | 1.26 | +0.33 |
Calmar ratioReturn relative to maximum drawdown | 1.70 | 1.77 | -0.07 |
Martin ratioReturn relative to average drawdown | 7.81 | 8.08 | -0.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| WISEX | HLAL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.45 | 1.15 | +1.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.00 | 0.68 | -0.68 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.00 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.00 | 0.74 | -0.74 |
Correlation
The correlation between WISEX and HLAL is 0.59, 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.
Dividends
WISEX vs. HLAL - Dividend Comparison
WISEX's dividend yield for the trailing twelve months is around 3.64%, more than HLAL's 0.55% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WISEX Azzad Wise Capital Fund | 3.64% | 3.56% | 3.59% | 2.20% | 1.54% | 1.42% | 1.31% | 1.84% | 1.66% | 1.11% | 0.99% | 0.47% |
HLAL Wahed FTSE USA Shariah ETF | 0.55% | 0.53% | 0.58% | 0.72% | 1.15% | 0.78% | 0.97% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
WISEX vs. HLAL - Drawdown Comparison
The maximum WISEX drawdown since its inception was -98.33%, which is greater than HLAL's maximum drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for WISEX and HLAL.
Loading graphics...
Drawdown Indicators
| WISEX | HLAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.33% | -33.57% | -64.76% |
Max Drawdown (1Y)Largest decline over 1 year | -1.92% | -13.15% | +11.23% |
Max Drawdown (5Y)Largest decline over 5 years | -98.33% | -23.18% | -75.15% |
Max Drawdown (10Y)Largest decline over 10 years | -98.33% | — | — |
Current DrawdownCurrent decline from peak | -98.27% | -6.39% | -91.88% |
Average DrawdownAverage peak-to-trough decline | -7.80% | -5.10% | -2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.42% | 2.89% | -2.47% |
Volatility
WISEX vs. HLAL - Volatility Comparison
The current volatility for Azzad Wise Capital Fund (WISEX) is 0.52%, while Wahed FTSE USA Shariah ETF (HLAL) has a volatility of 5.86%. This indicates that WISEX 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.
Loading graphics...
Volatility by Period
| WISEX | HLAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.52% | 5.86% | -5.34% |
Volatility (6M)Calculated over the trailing 6-month period | 0.90% | 10.16% | -9.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.31% | 19.53% | -18.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2,643.77% | 17.53% | +2,626.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1,869.04% | 20.33% | +1,848.71% |