HLAL vs. AUSF ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to Global X Adaptive U.S. Factor ETF (AUSF)

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

AUSF

Global X Adaptive U.S. Factor ETF

AUSF Description

The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$44.62

Average Daily Volume

36,554

Number of Holdings ^*

190

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	AUSF
30 Days	2.35%	4.22%
60 Days	1.62%	5.67%
90 Days	3.31%	7.18%
12 Months	20.13%	33.52%

41 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in AUSF	Overlap
AAPL	C	14.91%	0.1%	0.1%
ADM	D	0.11%	0.47%	0.11%
ADP	B	0.55%	1.43%	0.55%
AKAM	D	0.06%	0.06%	0.06%
ATO	A	0.1%	0.07%	0.07%
BDX	F	0.29%	0.08%	0.08%
BG	F	0.06%	0.49%	0.06%
BSX	B	0.6%	1.54%	0.6%
CAH	B	0.13%	0.08%	0.08%
CHD	B	0.12%	0.12%	0.12%
COR	B	0.18%	1.51%	0.18%
CSCO	B	1.04%	1.41%	1.04%
CVX	A	1.24%	0.09%	0.09%
DGX	A	0.08%	0.07%	0.07%
DOW	F	0.12%	0.42%	0.12%
EA	A	0.2%	1.43%	0.2%
GRMN	B	0.14%	0.13%	0.13%
HOLX	D	0.08%	0.08%	0.08%
HPQ	B	0.16%	0.52%	0.16%
INTC	D	0.46%	0.54%	0.46%
IP	B	0.07%	0.59%	0.07%
JNJ	D	1.65%	1.34%	1.34%
JNPR	F	0.05%	1.36%	0.05%
KO	D	1.1%	1.03%	1.03%
LIN	D	0.97%	1.35%	0.97%
LYB	F	0.1%	0.46%	0.1%
MCK	B	0.36%	0.09%	0.09%
MDLZ	F	0.39%	0.07%	0.07%
MDT	D	0.49%	0.45%	0.45%
MRK	F	1.11%	1.0%	1.0%
PCAR	B	0.25%	0.52%	0.25%
PFE	D	0.63%	0.43%	0.43%
PG	A	1.81%	0.83%	0.83%
PKG	A	0.1%	0.09%	0.09%
REGN	F	0.35%	0.05%	0.05%
ROP	B	0.26%	0.07%	0.07%
SNA	A	0.08%	0.1%	0.08%
TJX	A	0.61%	0.08%	0.08%
WBA	F	0.03%	0.43%	0.03%
WELL	A	0.37%	0.07%	0.07%
XOM	B	2.42%	0.08%	0.08%

HLAL Overweight 157 Positions Relative to AUSF

Symbol	Grade	Weight
MSFT	F	13.84%
META	D	5.55%
GOOGL	C	4.63%
TSLA	B	4.25%
GOOG	C	3.91%
CRM	B	1.36%
AMD	F	0.99%
ADBE	C	0.98%
NOW	A	0.92%
ABT	B	0.9%
TMO	F	0.87%
ISRG	A	0.85%
TXN	C	0.81%
QCOM	F	0.77%
DHR	F	0.67%
SYK	C	0.63%
AMAT	F	0.63%
UBER	D	0.62%
COP	C	0.6%
PANW	C	0.54%
MU	D	0.49%
PLD	D	0.48%
ADI	D	0.47%
UPS	C	0.43%
TT	A	0.42%
LRCX	F	0.41%
GEV	B	0.41%
NKE	D	0.4%
SNPS	B	0.37%
KLAC	D	0.37%
CDNS	B	0.37%
MRVL	B	0.35%
CTAS	B	0.34%
EMR	A	0.33%
APD	A	0.33%
CEG	D	0.33%
MMM	D	0.32%
ADSK	A	0.3%
FDX	B	0.29%
SLB	C	0.28%
CARR	D	0.28%
PSX	C	0.25%
JCI	C	0.25%
MPC	D	0.25%
NXPI	D	0.25%
PWR	A	0.22%
DHI	D	0.22%
VRT	B	0.22%
CMI	A	0.22%
NEM	D	0.22%
GWW	B	0.22%
ROST	C	0.21%
FAST	B	0.21%
AXON	A	0.2%
BKR	B	0.2%
VLO	C	0.2%
KVUE	A	0.2%
HES	B	0.19%
IR	B	0.19%
EW	C	0.19%
ODFL	B	0.19%
LEN	D	0.18%
CTVA	C	0.18%
LULU	C	0.17%
GEHC	F	0.17%
A	D	0.17%
IT	C	0.17%
RMD	C	0.16%
NUE	C	0.16%
MLM	B	0.16%
GLW	B	0.16%
DELL	C	0.16%
VMC	B	0.16%
DD	D	0.15%
OXY	D	0.15%
KDP	D	0.15%
WAB	B	0.15%
FANG	D	0.15%
IDXX	F	0.15%
EBAY	D	0.14%
ROK	B	0.14%
TTWO	A	0.14%
PPG	F	0.13%
ON	D	0.13%
TSCO	D	0.13%
XYL	D	0.13%
ANSS	B	0.13%
VLTO	D	0.12%
PHM	D	0.12%
FTV	C	0.12%
DOV	A	0.12%
HAL	C	0.12%
HUBB	B	0.11%
DVN	F	0.11%
TYL	B	0.11%
NTAP	C	0.11%
STLD	B	0.1%
PTC	A	0.1%
ZBH	C	0.1%
WY	D	0.1%
WST	C	0.1%
BIIB	F	0.1%
IFF	D	0.1%
OMC	C	0.09%
MKC	D	0.09%
ZBRA	B	0.09%
FSLR	F	0.09%
LH	C	0.09%
STE	F	0.09%
WDC	D	0.09%
ILMN	D	0.09%
BLDR	D	0.09%
ALGN	D	0.08%
EXPD	D	0.08%
GPC	D	0.08%
IEX	B	0.08%
BURL	A	0.08%
PNR	A	0.08%
TRMB	B	0.08%
ARE	D	0.08%
PODD	C	0.08%
JBHT	C	0.07%
EL	F	0.07%
FLEX	A	0.07%
MRO	B	0.07%
TER	D	0.07%
ULTA	F	0.07%
CF	B	0.07%
ICLR	D	0.07%
DLTR	F	0.06%
SMCI	F	0.06%
ALB	C	0.06%
SWK	D	0.06%
POOL	C	0.06%
REG	B	0.06%
RVTY	F	0.06%
ROL	B	0.06%
FFIV	B	0.06%
APTV	D	0.06%
DAL	C	0.05%
TECH	D	0.05%
IPG	D	0.05%
NWSA	B	0.05%
OKTA	C	0.05%
BMRN	D	0.05%
TFX	F	0.04%
SCCO	F	0.04%
CRL	C	0.04%
LKQ	D	0.04%
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 149 Positions Relative to AUSF

Symbol	Grade	Weight
T	A	-1.9%
VZ	C	-1.83%
TMUS	B	-1.59%
RSG	A	-1.56%
WMT	A	-1.56%
V	A	-1.51%
BRK.A	B	-1.5%
MMC	B	-1.42%
ICE	C	-1.41%
LMT	D	-1.4%
RTX	C	-1.4%
CME	A	-1.39%
WM	A	-1.38%
IBM	C	-1.37%
GD	F	-1.33%
EDR	A	-1.32%
ACI	C	-1.29%
DOX	D	-1.25%
CBOE	B	-0.94%
BR	A	-0.84%
DTM	B	-0.7%
MCD	D	-0.7%
PEP	F	-0.66%
KMI	A	-0.66%
MO	A	-0.65%
UNM	A	-0.65%
TPR	B	-0.63%
MARA	C	-0.62%
OKE	A	-0.58%
SYF	B	-0.58%
FHN	A	-0.57%
WBS	A	-0.57%
UMBF	B	-0.56%
ZION	B	-0.56%
FNB	A	-0.56%
VTRS	A	-0.56%
CMA	A	-0.55%
WHR	B	-0.55%
ONB	B	-0.55%
ABG	B	-0.55%
RF	A	-0.55%
AL	B	-0.55%
CFG	B	-0.55%
PB	A	-0.55%
COLB	A	-0.55%
UBSI	B	-0.55%
HBAN	A	-0.55%
LAD	A	-0.55%
LBRDK	C	-0.54%
OZK	B	-0.54%
HPE	B	-0.54%
CADE	B	-0.54%
PVH	C	-0.53%
TAP	C	-0.53%
BEN	C	-0.53%
C	A	-0.53%
GM	B	-0.52%
ALLY	C	-0.52%
LNC	B	-0.52%
AM	A	-0.52%
NOV	C	-0.52%
BCC	B	-0.51%
CIVI	D	-0.51%
SLG	B	-0.51%
CNH	C	-0.51%
CMCSA	B	-0.51%
CNC	D	-0.5%
CHRD	D	-0.5%
CHE	D	-0.5%
JXN	C	-0.5%
DINO	D	-0.49%
NXST	C	-0.49%
AGNC	D	-0.49%
STWD	C	-0.49%
QGEN	D	-0.49%
CVS	D	-0.49%
HST	C	-0.49%
MOS	F	-0.48%
SNX	C	-0.48%
X	C	-0.48%
CRBG	B	-0.48%
BWA	D	-0.48%
UGI	A	-0.48%
VICI	C	-0.48%
RDN	C	-0.48%
AVT	C	-0.48%
KRC	C	-0.47%
EMN	D	-0.47%
SON	D	-0.47%
HOG	D	-0.47%
SOLV	C	-0.47%
TDG	D	-0.47%
M	D	-0.47%
RPRX	D	-0.47%
GAP	C	-0.47%
RNR	C	-0.47%
WU	D	-0.46%
BBY	D	-0.46%
CAG	D	-0.45%
FMC	D	-0.45%
LEA	D	-0.44%
KHC	F	-0.43%
SWKS	F	-0.43%
ARW	D	-0.43%
HII	D	-0.42%
OGN	D	-0.42%
CE	F	-0.29%
YUM	B	-0.26%
CACI	D	-0.18%
PGR	A	-0.18%
TW	A	-0.14%
ABBV	D	-0.14%
TRV	B	-0.12%
KR	B	-0.12%
COST	B	-0.12%
SO	D	-0.12%
VRSK	A	-0.1%
DUK	C	-0.1%
ORI	A	-0.1%
GDDY	A	-0.1%
WMB	A	-0.1%
LDOS	C	-0.1%
AFL	B	-0.1%
ATR	B	-0.09%
PNW	B	-0.09%
AME	A	-0.09%
MSI	B	-0.09%
WRB	A	-0.09%
INGR	B	-0.08%
CI	F	-0.08%
UNH	C	-0.08%
FI	A	-0.08%
HIG	B	-0.08%
CB	C	-0.08%
MA	C	-0.08%
NOC	D	-0.08%
ED	D	-0.08%
VRSN	F	-0.08%
FE	C	-0.07%
VRTX	F	-0.07%
CTLT	B	-0.07%
KMB	D	-0.07%
K	A	-0.07%
ECL	D	-0.07%
HON	B	-0.07%
AJG	B	-0.07%
AMGN	D	-0.07%
CL	D	-0.07%
L	A	-0.07%