Wahed FTSE USA Shariah ETF (HLAL)

NASDAQ: HLALExchange-traded fund from Wahed Invest.

  • Expense ratio0.51%
  • Net assets$965.7M
  • Dividend yield0.37%
  • 1-year return+23.40%
  • Holdings199

HLAL ETF price chart

HLAL quote & trading statistics

HLAL performance

Total return · as of October 18, 2026
  • YTD+18.90%
  • 1 year+23.40%
  • 3 years+20.04%/yr
  • 5 years+14.71%/yr
  • 10 years0.00%/yr
1Y volatility
17.01%
3Y volatility
14.69%
3Y Sharpe ratio
1.21

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

HLAL top 10 holdings

Wahed FTSE USA Shariah ETF largest holdings by weight
#SymbolNameWeight
1AAPLApple Inc.12.57%
2NVDANVIDIA Corporation12.02%
3MSFTMicrosoft Corporation9.88%
4GOOGLAlphabet Inc Class A5.20%
5METAMeta Platforms Inc.4.13%
6GOOGAlphabet Inc Class C4.05%
7AVGOBroadcom Inc3.87%
8MUMicron Technology Inc2.62%
9TSLATesla Inc2.58%
10LLYEli Lilly and Company2.49%

The top 10 holdings make up 59.4% of the fund (199 holdings in total). As of October 18, 2026.

HLAL sector weights

Technology
60.4%
Communication Services
13.6%
Healthcare
9.2%
Energy
5.4%
Industrials
4.7%
Consumer Cyclical
4.5%
Consumer Defensive
2.6%
Basic Materials
2.0%
Real Estate
0.7%
Utilities
0.2%
Financial Services
0.1%

HLAL region weights

North America
103.8%
Europe Developed
0.2%
Asia Emerging
0.2%
Latin America
0.1%

HLAL asset allocation

U.S. stocks
95.5%
Non-U.S. stocks
0.4%
Other
0.2%
Cash
0.0%

HLAL market-cap breakdown

Mega cap
62.4%
Large cap
23.2%
Mid cap
13.7%
Small cap
0.2%

About Wahed FTSE USA Shariah ETF

The index is composed of common stocks of large- and mid-capitalization U.S. companies the characteristics of which meet the requirements of Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Under normal circumstances, at least 80% of its total assets will be invested in the component securities of the index. The fund is non-diversified.

HLAL ETF FAQ

What is the HLAL expense ratio?

Wahed FTSE USA Shariah ETF has a net expense ratio of 0.51%, or $51.00 a year for every $10,000 invested.

How much money is in HLAL?

Wahed FTSE USA Shariah ETF has about $965.7M in net assets.

What are the top holdings of HLAL?

The largest positions in HLAL are Apple Inc. (12.57%), NVIDIA Corporation (12.02%), Microsoft Corporation (9.88%). The fund holds 199 securities in total.

How has HLAL performed?

HLAL returned +23.40% over the past year and +14.71% a year over the past five years, including reinvested distributions.

Does HLAL pay dividends?

HLAL has a dividend yield of 0.37%.

When was HLAL launched?

Wahed FTSE USA Shariah ETF began trading on July 15, 2019.

ETFs similar to HLAL

Funds that track the same index or whose top-10 holdings overlap most with HLAL's. Overlap: shared top-10 weight as a share of the larger top-10 total of the two funds.

ETFs with holdings most similar to HLAL, compared by expense ratio, assets and 1-year return
SymbolFundOverlapExpense ratioNet assets1-year return
HLALWahed FTSE USA Shariah ETF—0.51%$965.7M+23.40%
SCHGSchwab U.S. Large-Cap Growth ETF90%0.03%$63.04B+11.55%
XLGInvesco S&P 500 Top 50 ETF90%0.21%$11.84B+10.96%
VUGVanguard Growth ETF86%0.03%$227.87B+10.92%
IWFiShares Russell 1000 Growth ETF86%0.19%$124.59B+5.07%
SPUSSP Funds S&P 500 Sharia Industry Exclusions ETF86%0.45%$3.29B+18.94%
IVWiShares S&P 500 Growth ETF85%0.17%$76.86B+16.29%
SPYGSPDR Portfolio S&P 500 Growth ETF85%0.04%$55.65B+17.32%
IUSGiShares Core S&P U.S. Growth ETF85%0.03%$33.34B+17.35%