HLAL logo

HLAL ETF

Profile

Name:

Wahed FTSE USA Shariah ETF

Assets under management:

$488 M

Expense ratio:

0.50%

Inception date:

16 July 2019

Website:

-

Last ex-dividend date:

26 September 2024

Next ex-dividend date:

N/A

Description:

HLAL ETF is an exchange-traded fund that focuses on Sharia-compliant investments. It aims to provide exposure to U.S. companies that meet Islamic finance principles, avoiding businesses involved in alcohol, gambling, and other non-compliant sectors. This fund is suitable for investors seeking ethical investment options.

Top holdings

Name
Weight
AAPL logo
Apple(AAPL)
14.49 %
MSFT logo
Microsoft(MSFT)
13.35 %
META logo
Meta Platforms(META)
5.29 %
GOOGL logo
Alphabet(GOOGL)
4.22 %
TSLA logo
Tesla(TSLA)
3.92 %
GOOG logo
Alphabet(GOOG)
3.57 %
XOM logo
Exxon Mobil(XOM)
2.20 %
PG logo
Procter & Gamble(PG)
1.80 %
JNJ logo
Johnson & Johnson(JNJ)
1.59 %
CRM logo
Salesforce(CRM)
1.30 %

Holding types

Countries

Sectors

Analyst ratings

Market Data

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Price

$54.00
HLAL price is $54.00

Price YTD Change

+18.81%
HLAL price is up +18.81% since January 1st

Price All-time High

$56.01
HLAL price is currently -3.59% below its historical high of $56.01

200-day SMA

$49.95
HLAL 200-day simple moving average is currently +8.10% above its 200-day simple moving average

50-day SMA

$52.10
HLAL 50-day simple moving average is currently +3.64% above its 50-day simple moving average

Dividend

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Last Paid Dividend

$0.17
HLAL dividend per share is $0.17

TTM Dividend Per Share

$0.36
HLAL TTM dividend per share is $0.36

TTM Dividend Per Share 1-Year Change

+23.45%
HLAL TTM dividend per share is up +23.45% year-on-year

TTM Dividend 3-Year Change

+8.53%
HLAL TTM dividend per share is up +8.53% over the past 3 years

TTM Dividend Yield

0.67%
HLAL TTM dividend yield is 0.67%

TTM Dividend Yield 1-Year Change

+0%
HLAL TTM dividend yield is up +0% year-on-year

TTM Dividend Yield 3-Year Change

-18.29%
HLAL TTM dividend yield is down -18.29% over the past 3 years
HLAL: A Screening Methodology That Appeals
HLAL: A Screening Methodology That Appeals
HLAL: A Screening Methodology That Appeals
HLAL
seekingalpha.com06 October 2024

HLAL is a Shariah-compliant ETF offering broad U.S. market exposure with a focus on low debt and ethical business practices. The fund tracks the FTSE USA Shariah Index, emphasizing tech and healthcare sectors, with Apple and Microsoft comprising nearly 30% of the portfolio. HLAL's sector allocation favors tech (56.6%) and healthcare (12.2%), avoiding industries like alcohol, tobacco, and conventional financial services.

HLAL: Profit From The Yield Curve Inversion
HLAL: Profit From The Yield Curve Inversion
HLAL: Profit From The Yield Curve Inversion
HLAL
Seeking Alpha27 September 2023

Despite a yield curve inversion, there is no recession and equities are performing well. Rising interest rates haven't led to increased interest payments for cash-rich companies. The Wahed FTSE USA Shariah ETF is overweight in sectors with cash-rich companies, making it a good investment opportunity.

HLAL: Profit From The Ramadan Effect
HLAL: Profit From The Ramadan Effect
HLAL: Profit From The Ramadan Effect
HLAL
Seeking Alpha29 March 2023

The Ramadan effect refers to the observation that in Islamic countries stock returns during Ramadan are higher and less volatile than during the rest of the year. HLAL is biggest US shariah-compliant ETF.

FAQ

  • What is HLAL ETF?
  • Does HLAL pay dividends?
  • What stocks are in HLAL ETF?
  • What is the current assets under management for HLAL?
  • What is HLAL average volume?
  • What is HLAL expense ratio?
  • What is HLAL inception date?

What is HLAL ETF?

HLAL ETF is an exchange-traded fund that focuses on Sharia-compliant investments. It aims to provide exposure to U.S. companies that meet Islamic finance principles, avoiding businesses involved in alcohol, gambling, and other non-compliant sectors. This fund is suitable for investors seeking ethical investment options.

Does HLAL pay dividends?

Yes, the Wahed FTSE USA Shariah ETF does pays dividends, with the most recent payment being $0.17 per share. The last ex-dividend date was on 26 September 2024, and the next ex-dividend date has not been announced yet

What stocks are in HLAL ETF?

As of today, Wahed FTSE USA Shariah ETF inlcudes 204 holdings, with 202 of them being companies from 2 different countries and 10 sectors. The most weighted holdings are Apple (14.49%), Microsoft (13.35%) and Meta Platforms (5.29%)

What is the current assets under management for HLAL?

Assets under management of Wahed FTSE USA Shariah ETF is $488 M

What is HLAL average volume?

Average volume of Wahed FTSE USA Shariah ETF is $68 K

What is HLAL expense ratio?

Expense ratio of Wahed FTSE USA Shariah ETF is 0.50%

What is HLAL inception date?

Inception date of Wahed FTSE USA Shariah ETF is 16 July 2019