HLAL vs. ACIO ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to Aptus Collared Income Opportunity ETF (ACIO)

HLAL

Wahed FTSE USA Shariah ETF

HLAL Description

The investment seeks to track the total return performance, before fees and expenses, of the FTSE USA Shariah Index. The index is composed of common stocks of large and mid-capitalization U.S. companies the characteristics of which meet the requirements of the 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.

Grade (RS Rating)

Last Trade

$52.60

Average Daily Volume

60,755

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

ACIO

Aptus Collared Income Opportunity ETF

ACIO Description

The investment seeks current income and capital appreciation. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective principally by investing in a portfolio of large capitalization U.S.-listed equity securities and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the same underlying equity securities. It may write call options on up to 100% of each equity position held in the portfolio and will use a portion of the premium received from writing such call options to purchase put options. It is non-diversified.

Grade (RS Rating)

Last Trade

$40.68

Average Daily Volume

177,408

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	ACIO
30 Days	2.35%	1.67%
60 Days	1.62%	2.81%
90 Days	3.31%	3.89%
12 Months	20.13%	26.46%

27 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in ACIO	Overlap
AAPL	C	14.59%	6.73%	6.73%
ABT	B	0.89%	0.79%	0.79%
ADBE	C	0.96%	0.45%	0.45%
ADI	D	0.5%	0.87%	0.5%
ADP	B	0.55%	0.31%	0.31%
AMAT	F	0.7%	1.44%	0.7%
AMD	F	1.05%	0.47%	0.47%
CTAS	B	0.35%	0.97%	0.35%
FANG	D	0.15%	0.72%	0.15%
GOOG	C	3.92%	3.84%	3.84%
ISRG	A	0.84%	1.02%	0.84%
JNJ	D	1.66%	1.02%	1.02%
KO	D	1.1%	1.12%	1.1%
LIN	D	0.97%	1.3%	0.97%
META	D	5.71%	2.52%	2.52%
MKC	D	0.09%	0.67%	0.09%
MSFT	F	13.9%	6.13%	6.13%
NOW	A	0.9%	2.06%	0.9%
PG	A	1.75%	1.07%	1.07%
PHM	D	0.12%	0.82%	0.12%
SLB	C	0.27%	0.25%	0.25%
SYK	C	0.6%	1.76%	0.6%
TJX	A	0.59%	0.84%	0.59%
TMO	F	0.93%	1.09%	0.93%
TSLA	B	3.95%	1.93%	1.93%
TYL	B	0.12%	0.6%	0.12%
XOM	B	2.4%	1.83%	1.83%

HLAL Overweight 171 Positions Relative to ACIO

Symbol	Grade	Weight
GOOGL	C	4.64%
CRM	B	1.33%
CVX	A	1.19%
MRK	F	1.15%
CSCO	B	1.04%
TXN	C	0.89%
QCOM	F	0.84%
DHR	F	0.7%
PFE	D	0.67%
UBER	D	0.64%
BSX	B	0.58%
COP	C	0.58%
MU	D	0.55%
PANW	C	0.54%
INTC	D	0.5%
MDT	D	0.5%
PLD	D	0.48%
LRCX	F	0.45%
UPS	C	0.43%
NKE	D	0.41%
GEV	B	0.41%
KLAC	D	0.41%
TT	A	0.41%
MDLZ	F	0.39%
SNPS	B	0.38%
REGN	F	0.38%
WELL	A	0.37%
MRVL	B	0.36%
CDNS	B	0.36%
MCK	B	0.35%
MMM	D	0.33%
CEG	D	0.33%
EMR	A	0.32%
APD	A	0.31%
BDX	F	0.3%
CARR	D	0.29%
FDX	B	0.29%
ADSK	A	0.29%
NXPI	D	0.27%
ROP	B	0.27%
PCAR	B	0.26%
JCI	C	0.25%
MPC	D	0.24%
GWW	B	0.23%
NEM	D	0.23%
PSX	C	0.23%
CMI	A	0.22%
DHI	D	0.22%
ROST	C	0.21%
FAST	B	0.21%
PWR	A	0.21%
ODFL	B	0.2%
VRT	B	0.2%
KVUE	A	0.2%
EA	A	0.19%
BKR	B	0.19%
AXON	A	0.19%
VLO	C	0.19%
EW	C	0.18%
HES	B	0.18%
A	D	0.18%
CTVA	C	0.18%
LEN	D	0.18%
IT	C	0.18%
COR	B	0.18%
IR	B	0.18%
LULU	C	0.17%
GLW	B	0.17%
MLM	B	0.17%
GEHC	F	0.17%
NUE	C	0.17%
VMC	B	0.17%
WAB	B	0.16%
IDXX	F	0.16%
HPQ	B	0.16%
DELL	C	0.16%
RMD	C	0.16%
GRMN	B	0.15%
OXY	D	0.15%
DD	D	0.15%
KDP	D	0.15%
TTWO	A	0.14%
TSCO	D	0.14%
ROK	B	0.14%
EBAY	D	0.14%
PPG	F	0.13%
CAH	B	0.13%
ANSS	B	0.13%
XYL	D	0.13%
ON	D	0.13%
CHD	B	0.12%
VLTO	D	0.12%
FTV	C	0.12%
DOV	A	0.12%
DOW	F	0.12%
ILMN	D	0.11%
DVN	F	0.11%
ADM	D	0.11%
HUBB	B	0.11%
BIIB	F	0.11%
NTAP	C	0.11%
HAL	C	0.11%
BLDR	D	0.1%
STE	F	0.1%
ATO	A	0.1%
STLD	B	0.1%
ZBH	C	0.1%
LYB	F	0.1%
WDC	D	0.1%
PTC	A	0.1%
WY	D	0.1%
WST	C	0.1%
IFF	D	0.1%
ARE	D	0.09%
OMC	C	0.09%
LH	C	0.09%
ZBRA	B	0.09%
FSLR	F	0.09%
PKG	A	0.09%
EXPD	D	0.08%
GPC	D	0.08%
PNR	A	0.08%
IEX	B	0.08%
TER	D	0.08%
ICLR	D	0.08%
DGX	A	0.08%
TRMB	B	0.08%
HOLX	D	0.08%
ULTA	F	0.08%
SNA	A	0.08%
PODD	C	0.08%
EL	F	0.07%
RVTY	F	0.07%
CF	B	0.07%
APTV	D	0.07%
JBHT	C	0.07%
FLEX	A	0.07%
MRO	B	0.07%
IP	B	0.07%
ALGN	D	0.07%
BURL	A	0.07%
DLTR	F	0.06%
BMRN	D	0.06%
JNPR	F	0.06%
AKAM	D	0.06%
REG	B	0.06%
POOL	C	0.06%
SWK	D	0.06%
ROL	B	0.06%
FFIV	B	0.06%
CRL	C	0.05%
NWSA	B	0.05%
IPG	D	0.05%
ALB	C	0.05%
TECH	D	0.05%
SMCI	F	0.05%
OKTA	C	0.05%
BG	F	0.05%
TFX	F	0.04%
SCCO	F	0.04%
DAL	C	0.04%
LKQ	D	0.04%
WBA	F	0.03%
QRVO	F	0.03%
UAL	A	0.03%
NWS	B	0.02%
GFS	C	0.02%
WLK	D	0.02%
LUV	C	0.02%
AGR	B	0.01%
LEN	D	0.0%

HLAL Underweight 48 Positions Relative to ACIO

Symbol	Grade	Weight
NVDA	C	-7.06%
AMZN	C	-3.83%
AVGO	D	-2.09%
JPM	A	-1.94%
V	A	-1.8%
CAT	B	-1.75%
BRK.A	B	-1.7%
LMT	D	-1.68%
PGR	A	-1.66%
LLY	F	-1.31%
UNH	C	-1.3%
LOW	D	-1.24%
TMUS	B	-1.22%
NFLX	A	-1.18%
WMT	A	-1.15%
MS	A	-1.14%
ACN	C	-1.12%
MAR	B	-1.12%
INTU	C	-1.07%
FI	A	-1.07%
CSX	B	-1.05%
MCD	D	-1.01%
SO	D	-1.01%
BAC	A	-1.01%
COST	B	-1.01%
HON	B	-0.91%
MSI	B	-0.9%
MMC	B	-0.88%
AMT	D	-0.79%
BMY	B	-0.72%
ICE	C	-0.7%
NEE	D	-0.68%
DLR	B	-0.68%
ABBV	D	-0.65%
DUK	C	-0.63%
ETN	A	-0.62%
C	A	-0.61%
MO	A	-0.58%
DE	A	-0.57%
VRTX	F	-0.49%
HCA	F	-0.48%
PSA	D	-0.47%
EOG	A	-0.47%
SHW	A	-0.43%
BR	A	-0.41%
AMGN	D	-0.39%
CMCSA	B	-0.39%
FCX	D	-0.36%