HLAL vs. CFA ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to Compass EMP US 500 Volatility Weighted Index ETF (CFA)

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

CFA

Compass EMP US 500 Volatility Weighted Index ETF

CFA Description

The investment seeks to provide investment results that match the performance of the CEMP U.S. Large Cap 500 Volatility Weighted Index before fees and expenses. The index is an unmanaged index that was created by the fund's investment advisor and generally consists of the common stock of the 500 largest companies by market capitalization that have their headquarters in the U.S. and the stock of which trades on U.S. exchanges. Under normal market conditions, the fund invests at least 80% of its assets (defined as net assets plus any borrowing for investment purposes) in securities of U.S. issuers included in the index as of its most recent reconstitution.

Grade (RS Rating)

Last Trade

$90.25

Average Daily Volume

9,545

Number of Holdings ^*

495

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	CFA
30 Days	2.35%	4.63%
60 Days	1.62%	5.67%
90 Days	3.31%	8.16%
12 Months	20.13%	29.52%

164 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in CFA	Overlap
A	D	0.17%	0.16%	0.16%
AAPL	C	14.91%	0.2%	0.2%
ABT	B	0.9%	0.27%	0.27%
ADBE	C	0.98%	0.11%	0.11%
ADI	D	0.47%	0.13%	0.13%
ADM	D	0.11%	0.11%	0.11%
ADP	B	0.55%	0.35%	0.35%
ADSK	A	0.3%	0.2%	0.2%
AKAM	D	0.06%	0.15%	0.06%
ALGN	D	0.08%	0.12%	0.08%
AMAT	F	0.63%	0.1%	0.1%
AMD	F	0.99%	0.09%	0.09%
APD	A	0.33%	0.19%	0.19%
APTV	D	0.06%	0.09%	0.06%
ATO	A	0.1%	0.35%	0.1%
AXON	A	0.2%	0.22%	0.2%
BDX	F	0.29%	0.24%	0.24%
BG	F	0.06%	0.17%	0.06%
BIIB	F	0.1%	0.13%	0.1%
BKR	B	0.2%	0.23%	0.2%
BLDR	D	0.09%	0.1%	0.09%
BMRN	D	0.05%	0.12%	0.05%
BSX	B	0.6%	0.3%	0.3%
BURL	A	0.08%	0.13%	0.08%
CAH	B	0.13%	0.23%	0.13%
CARR	D	0.28%	0.16%	0.16%
CDNS	B	0.37%	0.16%	0.16%
CEG	D	0.33%	0.12%	0.12%
CF	B	0.07%	0.18%	0.07%
CHD	B	0.12%	0.32%	0.12%
CMI	A	0.22%	0.23%	0.22%
COP	C	0.6%	0.24%	0.24%
COR	B	0.18%	0.28%	0.18%
CRM	B	1.36%	0.17%	0.17%
CSCO	B	1.04%	0.29%	0.29%
CTAS	B	0.34%	0.26%	0.26%
CTVA	C	0.18%	0.15%	0.15%
CVX	A	1.24%	0.27%	0.27%
DAL	C	0.05%	0.22%	0.05%
DD	D	0.15%	0.17%	0.15%
DELL	C	0.16%	0.09%	0.09%
DGX	A	0.08%	0.24%	0.08%
DHI	D	0.22%	0.12%	0.12%
DHR	F	0.67%	0.18%	0.18%
DOV	A	0.12%	0.25%	0.12%
DOW	F	0.12%	0.2%	0.12%
DVN	F	0.11%	0.17%	0.11%
EA	A	0.2%	0.29%	0.2%
EBAY	D	0.14%	0.2%	0.14%
EL	F	0.07%	0.09%	0.07%
EMR	A	0.33%	0.23%	0.23%
EW	C	0.19%	0.1%	0.1%
EXPD	D	0.08%	0.22%	0.08%
FANG	D	0.15%	0.17%	0.15%
FAST	B	0.21%	0.26%	0.21%
FDX	B	0.29%	0.15%	0.15%
FFIV	B	0.06%	0.21%	0.06%
FSLR	F	0.09%	0.08%	0.08%
FTV	C	0.12%	0.21%	0.12%
GEHC	F	0.17%	0.15%	0.15%
GEV	B	0.41%	0.15%	0.15%
GLW	B	0.16%	0.19%	0.16%
GOOGL	C	4.63%	0.19%	0.19%
GPC	D	0.08%	0.17%	0.08%
GRMN	B	0.14%	0.21%	0.14%
GWW	B	0.22%	0.27%	0.22%
HAL	C	0.12%	0.18%	0.12%
HOLX	D	0.08%	0.29%	0.08%
HPQ	B	0.16%	0.15%	0.15%
HUBB	B	0.11%	0.18%	0.11%
IDXX	F	0.15%	0.16%	0.15%
IEX	B	0.08%	0.27%	0.08%
INTC	D	0.46%	0.1%	0.1%
IP	B	0.07%	0.19%	0.07%
IPG	D	0.05%	0.19%	0.05%
IR	B	0.19%	0.2%	0.19%
ISRG	A	0.85%	0.19%	0.19%
IT	C	0.17%	0.21%	0.17%
JBHT	C	0.07%	0.18%	0.07%
JCI	C	0.25%	0.21%	0.21%
JNJ	D	1.65%	0.28%	0.28%
KDP	D	0.15%	0.24%	0.15%
KLAC	D	0.37%	0.09%	0.09%
KO	D	1.1%	0.33%	0.33%
KVUE	A	0.2%	0.18%	0.18%
LEN	D	0.0%	0.14%	0.0%
LEN	D	0.18%	0.14%	0.14%
LH	C	0.09%	0.22%	0.09%
LIN	D	0.97%	0.3%	0.3%
LRCX	F	0.41%	0.1%	0.1%
LUV	C	0.02%	0.13%	0.02%
LYB	F	0.1%	0.22%	0.1%
MCK	B	0.36%	0.24%	0.24%
MDLZ	F	0.39%	0.24%	0.24%
MDT	D	0.49%	0.25%	0.25%
META	D	5.55%	0.13%	0.13%
MKC	D	0.09%	0.18%	0.09%
MLM	B	0.16%	0.22%	0.16%
MMM	D	0.32%	0.12%	0.12%
MPC	D	0.25%	0.15%	0.15%
MRK	F	1.11%	0.18%	0.18%
MSFT	F	13.84%	0.24%	0.24%
NKE	D	0.4%	0.12%	0.12%
NOW	A	0.92%	0.15%	0.15%
NTAP	C	0.11%	0.14%	0.11%
NUE	C	0.16%	0.17%	0.16%
NWSA	B	0.05%	0.22%	0.05%
NXPI	D	0.25%	0.11%	0.11%
ODFL	B	0.19%	0.17%	0.17%
OMC	C	0.09%	0.22%	0.09%
ON	D	0.13%	0.08%	0.08%
OXY	D	0.15%	0.2%	0.15%
PANW	C	0.54%	0.11%	0.11%
PCAR	B	0.25%	0.22%	0.22%
PG	A	1.81%	0.31%	0.31%
PHM	D	0.12%	0.15%	0.12%
PKG	A	0.1%	0.29%	0.1%
PODD	C	0.08%	0.15%	0.08%
POOL	C	0.06%	0.15%	0.06%
PPG	F	0.13%	0.26%	0.13%
PSX	C	0.25%	0.18%	0.18%
PTC	A	0.1%	0.24%	0.1%
PWR	A	0.22%	0.17%	0.17%
QCOM	F	0.77%	0.11%	0.11%
REGN	F	0.35%	0.18%	0.18%
RMD	C	0.16%	0.11%	0.11%
ROK	B	0.14%	0.14%	0.14%
ROL	B	0.06%	0.22%	0.06%
ROP	B	0.26%	0.26%	0.26%
ROST	C	0.21%	0.22%	0.21%
RVTY	F	0.06%	0.14%	0.06%
SLB	C	0.28%	0.18%	0.18%
SMCI	F	0.06%	0.02%	0.02%
SNA	A	0.08%	0.26%	0.08%
SNPS	B	0.37%	0.14%	0.14%
STE	F	0.09%	0.2%	0.09%
STLD	B	0.1%	0.2%	0.1%
SYK	C	0.63%	0.26%	0.26%
TECH	D	0.05%	0.11%	0.05%
TER	D	0.07%	0.08%	0.07%
TFX	F	0.04%	0.14%	0.04%
TJX	A	0.61%	0.27%	0.27%
TMO	F	0.87%	0.19%	0.19%
TRMB	B	0.08%	0.23%	0.08%
TSCO	D	0.13%	0.2%	0.13%
TSLA	B	4.25%	0.13%	0.13%
TT	A	0.42%	0.23%	0.23%
TXN	C	0.81%	0.17%	0.17%
TYL	B	0.11%	0.2%	0.11%
UAL	A	0.03%	0.22%	0.03%
UBER	D	0.62%	0.12%	0.12%
ULTA	F	0.07%	0.14%	0.07%
UPS	C	0.43%	0.18%	0.18%
VLO	C	0.2%	0.16%	0.16%
VLTO	D	0.12%	0.2%	0.12%
VMC	B	0.16%	0.23%	0.16%
VRT	B	0.22%	0.13%	0.13%
WAB	B	0.15%	0.26%	0.15%
WLK	D	0.02%	0.15%	0.02%
WST	C	0.1%	0.13%	0.1%
XOM	B	2.42%	0.26%	0.26%
XYL	D	0.13%	0.21%	0.13%
ZBH	C	0.1%	0.24%	0.1%
ZBRA	B	0.09%	0.15%	0.09%

HLAL Overweight 34 Positions Relative to CFA

Symbol	Grade	Weight
GOOG	C	3.91%
PFE	D	0.63%
MU	D	0.49%
PLD	D	0.48%
WELL	A	0.37%
MRVL	B	0.35%
NEM	D	0.22%
HES	B	0.19%
LULU	C	0.17%
TTWO	A	0.14%
ANSS	B	0.13%
WY	D	0.1%
IFF	D	0.1%
WDC	D	0.09%
ILMN	D	0.09%
PNR	A	0.08%
ARE	D	0.08%
FLEX	A	0.07%
MRO	B	0.07%
ICLR	D	0.07%
DLTR	F	0.06%
ALB	C	0.06%
SWK	D	0.06%
REG	B	0.06%
JNPR	F	0.05%
OKTA	C	0.05%
SCCO	F	0.04%
CRL	C	0.04%
LKQ	D	0.04%
WBA	F	0.03%
QRVO	F	0.03%
NWS	B	0.02%
GFS	C	0.02%
AGR	B	0.01%

HLAL Underweight 332 Positions Relative to CFA

Symbol	Grade	Weight
TMUS	B	-0.42%
KMI	A	-0.37%
V	A	-0.35%
BRK.A	B	-0.35%
RSG	A	-0.34%
FI	A	-0.34%
L	A	-0.33%
ITW	B	-0.33%
WMB	A	-0.33%
HON	B	-0.33%
MA	C	-0.32%
OKE	A	-0.32%
NI	A	-0.32%
TRGP	B	-0.32%
ETR	B	-0.32%
AMP	A	-0.32%
PM	B	-0.31%
PPL	B	-0.31%
BK	A	-0.31%
MSI	B	-0.31%
DUK	C	-0.3%
SRE	A	-0.3%
LMT	D	-0.3%
ICE	C	-0.3%
RJF	A	-0.3%
PEG	A	-0.3%
LNG	B	-0.3%
MMC	B	-0.3%
EVRG	A	-0.29%
GD	F	-0.29%
SPGI	C	-0.29%
BLK	C	-0.29%
HLT	A	-0.29%
WMT	A	-0.29%
CL	D	-0.29%
YUM	B	-0.29%
LHX	C	-0.28%
SO	D	-0.28%
T	A	-0.28%
CB	C	-0.28%
CSX	B	-0.28%
OTIS	C	-0.28%
CME	A	-0.28%
IBKR	A	-0.28%
CPRT	A	-0.27%
PAYX	C	-0.27%
MO	A	-0.27%
PCG	A	-0.27%
FE	C	-0.27%
WM	A	-0.27%
GGG	B	-0.27%
MAR	B	-0.27%
CMS	C	-0.27%
LNT	A	-0.27%
ORLY	B	-0.26%
RPM	A	-0.26%
PFG	D	-0.26%
AEE	A	-0.26%
RTX	C	-0.26%
MS	A	-0.26%
MCD	D	-0.26%
MET	A	-0.26%
ED	D	-0.26%
NDAQ	A	-0.26%
WEC	A	-0.26%
BRO	B	-0.26%
CW	B	-0.26%
LDOS	C	-0.26%
JPM	A	-0.26%
AFG	A	-0.26%
BR	A	-0.26%
FDS	B	-0.25%
UNP	C	-0.25%
APP	B	-0.25%
SCI	B	-0.25%
FOXA	B	-0.25%
AVY	D	-0.25%
CINF	A	-0.25%
HD	A	-0.25%
TRV	B	-0.25%
HIG	B	-0.25%
AME	A	-0.25%
VRSN	F	-0.25%
SSNC	B	-0.25%
MKL	A	-0.25%
JKHY	D	-0.25%
CNP	B	-0.25%
PEP	F	-0.25%
AJG	B	-0.25%
BAC	A	-0.24%
HEI	B	-0.24%
COST	B	-0.24%
DTE	C	-0.24%
VRSK	A	-0.24%
CMCSA	B	-0.24%
ALL	A	-0.24%
WFC	A	-0.24%
NTRS	A	-0.24%
JEF	A	-0.24%
STZ	D	-0.24%
EIX	B	-0.24%
STT	A	-0.24%
TW	A	-0.24%
GDDY	A	-0.24%
KR	B	-0.24%
GS	A	-0.24%
LYV	A	-0.23%
CBOE	B	-0.23%
CTRA	B	-0.23%
MCO	B	-0.23%
AXP	A	-0.23%
TXRH	C	-0.23%
SHW	A	-0.23%
ECL	D	-0.23%
VZ	C	-0.23%
AFL	B	-0.23%
EQH	B	-0.23%
XEL	A	-0.23%
PGR	A	-0.23%
CLX	B	-0.23%
J	F	-0.23%
CTSH	B	-0.23%
DRI	B	-0.23%
AON	A	-0.23%
COF	B	-0.23%
KMB	D	-0.23%
SYY	B	-0.23%
EOG	A	-0.23%
AIG	B	-0.23%
TAP	C	-0.23%
ACM	A	-0.23%
AEP	D	-0.23%
MORN	B	-0.23%
NOC	D	-0.23%
MNST	C	-0.23%
EMN	D	-0.22%
INCY	C	-0.22%
DIS	B	-0.22%
RNR	C	-0.22%
EXC	C	-0.22%
SCHW	B	-0.22%
RGA	A	-0.22%
WRB	A	-0.22%
CI	F	-0.22%
USFD	A	-0.22%
AWK	D	-0.22%
LOW	D	-0.22%
MTB	A	-0.22%
BKNG	A	-0.22%
APO	B	-0.22%
PRU	A	-0.22%
TDY	B	-0.22%
TROW	B	-0.22%
AZO	C	-0.22%
FIS	C	-0.22%
NDSN	B	-0.21%
GIS	D	-0.21%
D	C	-0.21%
ALLE	D	-0.21%
GILD	C	-0.21%
CPAY	A	-0.21%
LPLA	A	-0.21%
EWBC	A	-0.21%
C	A	-0.21%
IBM	C	-0.21%
HBAN	A	-0.21%
DE	A	-0.21%
PFGC	B	-0.21%
LVS	C	-0.21%
PNC	B	-0.21%
EQT	B	-0.2%
AMZN	C	-0.2%
RF	A	-0.2%
ACGL	D	-0.2%
CPB	D	-0.2%
FICO	B	-0.2%
APH	A	-0.2%
EME	C	-0.2%
TDG	D	-0.2%
FNF	B	-0.2%
OWL	A	-0.2%
BX	A	-0.2%
CAT	B	-0.2%
ARES	A	-0.2%
SJM	D	-0.2%
ORCL	B	-0.2%
KHC	F	-0.2%
PH	A	-0.2%
ABBV	D	-0.2%
ITT	A	-0.2%
SYF	B	-0.2%
ACN	C	-0.2%
EG	C	-0.19%
TPL	A	-0.19%
GM	B	-0.19%
CSL	C	-0.19%
CAG	D	-0.19%
NVR	D	-0.19%
WSO	A	-0.19%
TXT	D	-0.19%
WMG	C	-0.19%
RCL	A	-0.19%
CLH	B	-0.19%
RS	B	-0.19%
FITB	A	-0.19%
CBRE	B	-0.19%
UNH	C	-0.19%
USB	A	-0.19%
HSY	F	-0.19%
NFLX	A	-0.19%
ETN	A	-0.19%
LII	A	-0.18%
DVA	B	-0.18%
CASY	A	-0.18%
OVV	B	-0.18%
OC	A	-0.18%
KKR	A	-0.18%
NSC	B	-0.18%
RYAN	B	-0.18%
INTU	C	-0.18%
H	B	-0.18%
GE	D	-0.17%
GEN	B	-0.17%
TTEK	F	-0.17%
CFG	B	-0.17%
NEE	D	-0.17%
CRBG	B	-0.17%
DOCU	A	-0.17%
ZTS	D	-0.17%
CMG	B	-0.17%
ZM	B	-0.17%
HCA	F	-0.17%
AOS	F	-0.17%
MAS	D	-0.17%
PR	B	-0.17%
DPZ	C	-0.17%
ELV	F	-0.17%
GPN	B	-0.17%
FCNCA	A	-0.17%
PAG	B	-0.17%
PYPL	B	-0.16%
UTHR	C	-0.16%
ABNB	C	-0.16%
VEEV	C	-0.16%
MSCI	C	-0.16%
KEY	B	-0.16%
CSGP	D	-0.16%
HWM	A	-0.16%
VST	B	-0.16%
WAT	B	-0.16%
HII	D	-0.15%
STX	D	-0.15%
CHRW	C	-0.15%
HPE	B	-0.15%
EXPE	B	-0.15%
PLTR	B	-0.15%
TGT	F	-0.15%
UHS	D	-0.15%
HRL	D	-0.15%
JLL	D	-0.15%
MANH	D	-0.15%
ERIE	D	-0.15%
CDW	F	-0.15%
AMGN	D	-0.15%
NRG	B	-0.15%
DT	C	-0.15%
BAH	F	-0.15%
FTNT	C	-0.14%
CNC	D	-0.14%
FIX	A	-0.14%
CPNG	D	-0.14%
DDOG	A	-0.14%
MGM	D	-0.14%
BSY	D	-0.14%
URI	B	-0.14%
XPO	B	-0.14%
WDAY	B	-0.14%
CVS	D	-0.14%
UHAL	D	-0.14%
KEYS	A	-0.14%
HOOD	B	-0.14%
SOLV	C	-0.13%
EFX	F	-0.13%
MOH	F	-0.13%
CHTR	C	-0.13%
FCX	D	-0.13%
THC	D	-0.13%
DECK	A	-0.13%
TOL	B	-0.13%
SQ	B	-0.13%
JBL	B	-0.13%
TTD	B	-0.12%
IQV	D	-0.12%
BBY	D	-0.12%
LLY	F	-0.12%
SBUX	A	-0.12%
EPAM	C	-0.12%
CRWD	B	-0.12%
ALLY	C	-0.12%
KMX	B	-0.12%
F	C	-0.12%
ANET	C	-0.12%
NBIX	C	-0.12%
COKE	C	-0.12%
COIN	C	-0.11%
WMS	D	-0.11%
FND	C	-0.11%
WING	D	-0.11%
MTD	D	-0.11%
AVTR	F	-0.11%
SWKS	F	-0.1%
DKS	C	-0.1%
ENTG	D	-0.1%
NVDA	C	-0.1%
BLD	D	-0.1%
WSM	B	-0.1%
KNSL	B	-0.1%
PINS	D	-0.1%
CE	F	-0.1%
MCHP	D	-0.1%
AES	F	-0.1%
AVGO	D	-0.1%
HUM	C	-0.1%
CVNA	B	-0.09%
PSTG	D	-0.09%
DG	F	-0.09%
CHWY	B	-0.08%
DXCM	D	-0.08%
SRPT	D	-0.07%
MPWR	F	-0.06%
RKT	F	-0.06%
ENPH	F	-0.04%