HLAL vs. BIV ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to Vanguard Intermediate-Term Bond ETF (BIV)

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

$50.81

Average Daily Volume

71,546

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

BIV

Vanguard Intermediate-Term Bond ETF

BIV Description

The investment seeks the performance of a market-weighted bond index with an intermediate-term dollar-weighted average maturity. The fund employs an indexing investment approach designed to track the performance of the Barclays U.S. 5-10 Year Government/Credit Float Adjusted Index. This Index includes all medium and larger issues of U.S. government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued. All of the fund's investments will be selected through the sampling process, and at least 80% of the fund's assets will be invested in bonds held in the index.

Grade (RS Rating)

Last Trade

$78.84

Average Daily Volume

1,044,527

Number of Holdings ^*

484

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	BIV
30 Days	0.38%	2.23%
60 Days	-0.94%	4.63%
90 Days	0.43%	5.54%
12 Months	18.66%	11.20%

130 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in BIV	Overlap
A	C	0.19%	0.01%	0.01%
AAPL	D	14.99%	0.01%	0.01%
ABT	B	0.98%	0.01%	0.01%
ADBE	D	1.21%	0.02%	0.02%
ADI	D	0.5%	0.02%	0.02%
ADM	D	0.14%	0.02%	0.02%
ADP	A	0.54%	0.02%	0.02%
ADSK	B	0.26%	0.01%	0.01%
AGR	B	0.01%	0.01%	0.01%
AMAT	D	0.68%	0.01%	0.01%
APD	B	0.28%	0.01%	0.01%
APTV	F	0.09%	0.01%	0.01%
ARE	B	0.09%	0.01%	0.01%
ATO	A	0.09%	0.01%	0.01%
BDX	D	0.33%	0.01%	0.01%
BG	F	0.07%	0.01%	0.01%
BIIB	F	0.14%	0.04%	0.04%
BSX	B	0.57%	0.02%	0.02%
BWA	F	0.04%	0.03%	0.03%
CAH	B	0.13%	0.03%	0.03%
CHD	B	0.12%	0.01%	0.01%
CHRW	C	0.05%	0.02%	0.02%
CMI	C	0.19%	0.01%	0.01%
COP	F	0.6%	0.01%	0.01%
CRM	D	1.14%	0.02%	0.02%
CTAS	B	0.32%	0.02%	0.02%
CTVA	B	0.19%	0.01%	0.01%
CVX	D	1.17%	0.01%	0.01%
DAL	C	0.03%	0.02%	0.02%
DD	B	0.16%	0.05%	0.05%
DGX	B	0.08%	0.01%	0.01%
DHI	B	0.26%	0.01%	0.01%
DHR	B	0.83%	0.01%	0.01%
DLTR	F	0.06%	0.03%	0.03%
DOV	B	0.12%	0.01%	0.01%
DOW	F	0.17%	0.01%	0.01%
DOX	C	0.05%	0.02%	0.02%
DVN	F	0.12%	0.01%	0.01%
EA	C	0.18%	0.02%	0.02%
EL	F	0.09%	0.01%	0.01%
EMR	D	0.27%	0.01%	0.01%
EW	D	0.19%	0.01%	0.01%
FANG	F	0.15%	0.01%	0.01%
FDX	C	0.31%	0.01%	0.01%
FLEX	D	0.06%	0.01%	0.01%
FMC	C	0.04%	0.01%	0.01%
GILD	B	0.51%	0.01%	0.01%
GOOGL	D	4.16%	0.02%	0.02%
GPC	D	0.09%	0.01%	0.01%
HAL	F	0.12%	0.02%	0.02%
HES	F	0.17%	0.01%	0.01%
HPQ	D	0.16%	0.02%	0.02%
HUBB	B	0.09%	0.01%	0.01%
IEX	D	0.07%	0.01%	0.01%
IFF	B	0.12%	0.01%	0.01%
ILMN	C	0.09%	0.01%	0.01%
INTC	F	0.38%	0.01%	0.01%
IPG	C	0.05%	0.01%	0.01%
JCI	B	0.22%	0.01%	0.01%
JNJ	B	1.93%	0.01%	0.01%
JNPR	B	0.06%	0.01%	0.01%
KDP	B	0.19%	0.01%	0.01%
KLAC	D	0.43%	0.02%	0.02%
KO	B	1.31%	0.01%	0.01%
LEA	F	0.03%	0.01%	0.01%
LEN	B	0.21%	0.01%	0.01%
LEN	B	0.01%	0.01%	0.01%
LIN	B	1.06%	0.01%	0.01%
LRCX	F	0.44%	0.02%	0.02%
LUV	C	0.02%	0.01%	0.01%
LYB	F	0.11%	0.01%	0.01%
MDLZ	B	0.48%	0.01%	0.01%
MDT	B	0.57%	0.01%	0.01%
MKC	B	0.1%	0.01%	0.01%
MLM	D	0.14%	0.01%	0.01%
MMM	A	0.34%	0.01%	0.01%
MOS	F	0.04%	0.02%	0.02%
MPC	F	0.27%	0.01%	0.01%
MRK	D	1.4%	0.02%	0.02%
MRO	D	0.07%	0.02%	0.02%
MRVL	C	0.28%	0.01%	0.01%
MSFT	C	14.26%	0.1%	0.1%
MU	F	0.42%	0.02%	0.02%
NEM	B	0.28%	0.02%	0.02%
NKE	D	0.46%	0.01%	0.01%
NOW	B	0.84%	0.03%	0.03%
NTAP	D	0.11%	0.01%	0.01%
NUE	D	0.16%	0.01%	0.01%
NXPI	F	0.27%	0.01%	0.01%
OMC	B	0.09%	0.01%	0.01%
PFE	C	0.8%	0.01%	0.01%
PG	A	1.96%	0.01%	0.01%
PHM	B	0.13%	0.01%	0.01%
PKG	B	0.08%	0.01%	0.01%
PLD	B	0.56%	0.01%	0.01%
PPG	C	0.14%	0.01%	0.01%
PSX	F	0.26%	0.01%	0.01%
PWR	C	0.17%	0.01%	0.01%
QCOM	D	0.81%	0.02%	0.02%
QRVO	F	0.04%	0.02%	0.02%
REG	B	0.06%	0.01%	0.01%
REGN	C	0.55%	0.02%	0.02%
ROK	D	0.14%	0.01%	0.01%
ROP	B	0.28%	0.01%	0.01%
ROST	C	0.23%	0.01%	0.01%
SLB	F	0.28%	0.03%	0.03%
SNA	B	0.06%	0.01%	0.01%
STE	B	0.11%	0.01%	0.01%
STLD	F	0.08%	0.01%	0.01%
SWK	B	0.07%	0.01%	0.01%
SYK	B	0.61%	0.02%	0.02%
TEL	D	0.21%	0.02%	0.02%
TJX	B	0.63%	0.01%	0.01%
TMO	B	1.09%	0.01%	0.01%
TRMB	C	0.06%	0.02%	0.02%
TSCO	B	0.13%	0.01%	0.01%
TT	A	0.36%	0.01%	0.01%
TXN	D	0.85%	0.01%	0.01%
UAL	C	0.02%	0.01%	0.01%
UPS	D	0.45%	0.01%	0.01%
VLO	F	0.21%	0.01%	0.01%
VMC	D	0.14%	0.01%	0.01%
WAB	B	0.13%	0.02%	0.02%
WBA	F	0.03%	0.01%	0.01%
WELL	B	0.35%	0.01%	0.01%
WLK	D	0.02%	0.01%	0.01%
WY	C	0.1%	0.02%	0.02%
XOM	D	2.49%	0.01%	0.01%
XYL	D	0.14%	0.01%	0.01%
ZBH	D	0.1%	0.02%	0.02%

HLAL Overweight 80 Positions Relative to BIV

Symbol	Grade	Weight
META	B	5.25%
GOOG	D	3.51%
TSLA	C	2.79%
AMD	D	1.1%
CSCO	C	0.95%
ISRG	B	0.77%
UBER	C	0.66%
PANW	C	0.49%
SNPS	D	0.33%
CDNS	D	0.32%
MCK	F	0.31%
CEG	C	0.26%
GEV	B	0.25%
PCAR	D	0.23%
GWW	B	0.2%
ODFL	D	0.18%
FAST	C	0.18%
IDXX	C	0.18%
RMD	B	0.17%
GEHC	C	0.17%
IT	B	0.17%
OXY	F	0.16%
BKR	D	0.16%
IR	D	0.16%
GLW	C	0.15%
LULU	D	0.14%
GRMN	D	0.13%
ON	D	0.13%
VLTO	B	0.12%
TYL	B	0.12%
FTV	C	0.12%
TTWO	D	0.12%
ANSS	D	0.12%
WST	F	0.11%
ICLR	F	0.11%
VST	C	0.11%
FSLR	D	0.1%
TER	D	0.09%
BLDR	C	0.09%
HOLX	B	0.09%
PTC	D	0.09%
WDC	D	0.09%
BURL	B	0.08%
CTRA	F	0.08%
ALGN	D	0.08%
IP	B	0.08%
ULTA	D	0.08%
PODD	B	0.07%
ROL	B	0.07%
PNR	A	0.07%
AKAM	D	0.07%
CF	C	0.07%
BMRN	F	0.07%
ZBRA	C	0.07%
POOL	C	0.06%
JBHT	D	0.06%
TWLO	D	0.05%
NWSA	D	0.05%
EXAS	C	0.05%
LKQ	D	0.05%
TFX	B	0.05%
OKTA	F	0.05%
TECH	D	0.05%
SW	B	0.05%
FFIV	A	0.05%
SOLV	C	0.04%
SCCO	D	0.04%
PAYC	D	0.04%
GNRC	D	0.04%
DAY	C	0.04%
HSIC	D	0.04%
ALB	D	0.04%
CRL	D	0.04%
BIO	C	0.03%
RHI	D	0.03%
LBRDK	D	0.03%
ALV	F	0.03%
NWS	D	0.01%
GFS	F	0.01%
LBRDA	D	0.0%

HLAL Underweight 355 Positions Relative to BIV

Symbol	Grade	Weight
WIT	C	-0.35%
DT	C	-0.11%
AXP	B	-0.05%
ABBV	B	-0.05%
MS	D	-0.04%
WFC	F	-0.04%
TMUS	A	-0.04%
CB	B	-0.03%
KOF	D	-0.03%
RJF	C	-0.03%
BMO	D	-0.03%
ESGR	D	-0.03%
TSN	C	-0.03%
NVDA	D	-0.03%
BABA	C	-0.03%
LVS	D	-0.02%
NI	A	-0.02%
LMT	B	-0.02%
INVH	B	-0.02%
EOG	D	-0.02%
EBAY	A	-0.02%
BR	B	-0.02%
CPB	B	-0.02%
UHS	B	-0.02%
XRAY	D	-0.02%
MET	B	-0.02%
LDOS	B	-0.02%
MTB	B	-0.02%
HST	D	-0.02%
HIG	B	-0.02%
EFX	B	-0.02%
DXC	C	-0.02%
ETN	C	-0.02%
BC	D	-0.02%
CNO	B	-0.02%
ARCC	C	-0.02%
AAP	F	-0.02%
AMG	C	-0.02%
SYF	D	-0.02%
VRSN	D	-0.02%
PGR	B	-0.02%
RL	B	-0.02%
DOC	B	-0.02%
MCD	B	-0.02%
DLR	A	-0.02%
GSK	C	-0.02%
PH	B	-0.02%
EXPE	C	-0.02%
GD	B	-0.02%
PYPL	B	-0.02%
CHTR	D	-0.02%
DFS	C	-0.02%
CAG	B	-0.02%
SYY	C	-0.02%
MPLX	B	-0.02%
VTRS	C	-0.02%
ET	B	-0.02%
MMC	A	-0.02%
NWG	B	-0.02%
HCA	A	-0.02%
FOXA	C	-0.02%
CARR	A	-0.02%
NOC	B	-0.02%
GE	A	-0.02%
VOD	A	-0.02%
MUFG	D	-0.02%
AMZN	C	-0.02%
WTFC	C	-0.01%
SKT	B	-0.01%
RS	D	-0.01%
REXR	C	-0.01%
SAVE	F	-0.01%
GBDC	C	-0.01%
ALLE	A	-0.01%
AXS	B	-0.01%
AVT	D	-0.01%
CMA	B	-0.01%
CE	D	-0.01%
CBT	B	-0.01%
THG	A	-0.01%
UNM	B	-0.01%
TME	F	-0.01%
NOV	F	-0.01%
NDAQ	B	-0.01%
OGS	A	-0.01%
L	C	-0.01%
KMT	B	-0.01%
KMPR	D	-0.01%
EPRT	A	-0.01%
VNO	A	-0.01%
WU	F	-0.01%
TKR	D	-0.01%
PNW	A	-0.01%
RNR	B	-0.01%
SF	B	-0.01%
PSEC	B	-0.01%
AFG	B	-0.01%
WBS	D	-0.01%
LII	A	-0.01%
OCSL	D	-0.01%
MCY	C	-0.01%
PDM	B	-0.01%
MP	D	-0.01%
KRG	B	-0.01%
EMN	A	-0.01%
FSK	A	-0.01%
LXP	B	-0.01%
OSK	D	-0.01%
MKL	C	-0.01%
OPI	F	-0.01%
BEN	D	-0.01%
BDN	B	-0.01%
AMH	B	-0.01%
WEC	B	-0.01%
WB	F	-0.01%
ZION	D	-0.01%
VRSK	D	-0.01%
VNT	D	-0.01%
WPC	B	-0.01%
R	B	-0.01%
SITC	D	-0.01%
RPM	B	-0.01%
PFG	C	-0.01%
SCS	C	-0.01%
SAFE	B	-0.01%
SON	C	-0.01%
SNX	D	-0.01%
FLS	D	-0.01%
FLO	C	-0.01%
BBY	B	-0.01%
ALL	A	-0.01%
BAX	C	-0.01%
AIZ	C	-0.01%
CME	B	-0.01%
AVB	B	-0.01%
AGO	C	-0.01%
CINF	B	-0.01%
AEE	A	-0.01%
ARW	C	-0.01%
ADC	B	-0.01%
ACGL	A	-0.01%
BKU	C	-0.01%
AAT	B	-0.01%
OGE	B	-0.01%
NVT	D	-0.01%
MCO	B	-0.01%
GP	D	-0.01%
HR	B	-0.01%
HP	F	-0.01%
INTU	C	-0.01%
HIW	A	-0.01%
JD	F	-0.01%
GXO	D	-0.01%
EPR	B	-0.01%
FTNT	B	-0.01%
FRT	B	-0.01%
WTRG	D	-0.01%
RYN	C	-0.01%
RF	C	-0.01%
SBRA	A	-0.01%
PRE	F	-0.01%
MAS	B	-0.01%
NHI	B	-0.01%
NEU	C	-0.01%
MHK	B	-0.01%
CNH	C	-0.01%
AYI	B	-0.01%
BRO	B	-0.01%
BNS	A	-0.01%
BKH	A	-0.01%
AAL	D	-0.01%
BERY	B	-0.01%
AMCR	B	-0.01%
CP	B	-0.01%
UDR	B	-0.01%
TD	A	-0.01%
SWX	C	-0.01%
SWKS	F	-0.01%
VOYA	A	-0.01%
KEX	C	-0.01%
ITW	B	-0.01%
HSY	B	-0.01%
HPP	F	-0.01%
KSS	F	-0.01%
KRC	C	-0.01%
EIX	B	-0.01%
FAF	A	-0.01%
EXR	A	-0.01%
DRI	C	-0.01%
DSS	F	-0.01%
NFG	A	-0.01%
LLY	C	-0.01%
OC	C	-0.01%
LEG	D	-0.01%
NVR	B	-0.01%
NSC	C	-0.01%
KIM	B	-0.01%
MAA	A	-0.01%
ORLY	B	-0.01%
LNT	A	-0.01%
LAZ	B	-0.01%
NTRS	B	-0.01%
KEYS	C	-0.01%
K	A	-0.01%
HUN	D	-0.01%
HRB	C	-0.01%
INGR	B	-0.01%
HII	D	-0.01%
HBAN	B	-0.01%
JBL	D	-0.01%
KR	B	-0.01%
DE	B	-0.01%
ED	B	-0.01%
CUBE	A	-0.01%
FITB	B	-0.01%
AL	D	-0.01%
CNP	C	-0.01%
CMS	A	-0.01%
AVY	B	-0.01%
CFG	C	-0.01%
BIDU	F	-0.01%
TGT	C	-0.01%
TXT	D	-0.01%
SUI	B	-0.01%
VFC	C	-0.01%
WM	D	-0.01%
PM	B	-0.01%
SJM	C	-0.01%
RPRX	C	-0.01%
PSA	A	-0.01%
SO	A	-0.01%
NNN	B	-0.01%
LNC	D	-0.01%
LH	B	-0.01%
KEY	B	-0.01%
HUM	F	-0.01%
GLPI	B	-0.01%
GL	C	-0.01%
JEF	B	-0.01%
HAS	B	-0.01%
H	D	-0.01%
KMB	C	-0.01%
ESS	A	-0.01%
ES	B	-0.01%
EQR	B	-0.01%
FNF	B	-0.01%
CSL	C	-0.01%
EVRG	A	-0.01%
ETR	A	-0.01%
AZO	C	-0.01%
CNA	C	-0.01%
AWK	A	-0.01%
CLX	B	-0.01%
BRX	B	-0.01%
AES	C	-0.01%
CBOE	B	-0.01%
AN	D	-0.01%
VTR	B	-0.01%
ZTS	B	-0.01%
RGA	B	-0.01%
SPGI	A	-0.01%
AZN	D	-0.01%
AFL	B	-0.01%
AER	C	-0.01%
BLK	A	-0.01%
BK	A	-0.01%
BHF	F	-0.01%
APH	D	-0.01%
CCI	B	-0.01%
MSI	B	-0.01%
GPN	C	-0.01%
GIS	B	-0.01%
ICE	B	-0.01%
EQNR	D	-0.01%
EQIX	B	-0.01%
ECL	A	-0.01%
PAA	C	-0.01%
MA	A	-0.01%
OHI	B	-0.01%
O	B	-0.01%
HRL	C	-0.01%
UNP	B	-0.01%
TDY	B	-0.01%
STT	B	-0.01%
WRK	C	-0.01%
WHR	D	-0.01%
RSG	B	-0.01%
CSX	D	-0.01%
BXP	A	-0.01%
XEL	B	-0.01%
SRE	B	-0.01%
PRU	C	-0.01%
PEG	A	-0.01%
SBUX	C	-0.01%
SPG	B	-0.01%
AEP	A	-0.01%
AON	B	-0.01%
GM	C	-0.01%
EQH	C	-0.01%
DTE	A	-0.01%
FIS	A	-0.01%
CAT	C	-0.01%
STZ	C	-0.01%
EPD	A	-0.01%
DG	F	-0.01%
DB	C	-0.01%
COF	D	-0.01%
MO	C	-0.01%
OTIS	C	-0.01%
OKE	A	-0.01%
LHX	C	-0.01%
WMB	A	-0.01%
V	A	-0.01%
SHW	A	-0.01%
PEP	B	-0.01%
DUK	B	-0.01%
EXC	A	-0.01%
AMT	B	-0.01%
USB	C	-0.01%
HON	D	-0.01%
HD	B	-0.01%
D	B	-0.01%
MAR	D	-0.01%
CPT	B	-0.01%
AMGN	B	-0.01%
TFC	D	-0.01%
SCHW	D	-0.01%
BKNG	B	-0.01%
PNC	B	-0.01%
DIS	D	-0.01%
LOW	B	-0.01%
UNH	C	-0.01%
AIG	D	-0.01%
KMI	B	-0.01%
WMT	B	-0.01%
DELL	D	-0.01%
NEE	B	-0.01%
CI	B	-0.01%
COST	B	-0.01%
RTX	C	-0.01%
IBM	A	-0.01%
ORCL	B	-0.01%
PCG	B	-0.01%
AVGO	C	-0.01%
CVS	D	-0.01%
GS	D	-0.01%
T	A	-0.01%
JPM	D	-0.01%
HSBC	B	-0.01%
VZ	A	-0.01%
BMY	C	-0.01%
CMCSA	D	-0.01%
BA	F	-0.01%
C	D	-0.01%
BAC	D	-0.01%