HLAL vs. FCPI ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to Fidelity Stocks for Inflation ETF (FCPI)

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

$52.50

Average Daily Volume

61,000

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

FCPI

Fidelity Stocks for Inflation ETF

FCPI Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Stocks for Inflation Factor Index℠. The fund normally invests at least 80% of its assets in securities included in the Fidelity Stocks for Inflation Factor Index℠, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with attractive valuations, high quality profiles and positive momentum signals, emphasizing industries that tend to outperform in inflationary environments.

Grade (RS Rating)

Last Trade

$44.88

Average Daily Volume

19,713

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	FCPI
30 Days	0.96%	2.04%
60 Days	3.85%	7.36%
90 Days	4.06%	8.10%
12 Months	21.47%	36.61%

23 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in FCPI	Overlap
AAPL	C	14.91%	5.16%	5.16%
AMAT	F	0.7%	0.43%	0.43%
CF	B	0.07%	2.68%	0.07%
DELL	C	0.16%	0.3%	0.16%
EBAY	C	0.14%	0.33%	0.14%
GOOGL	C	4.6%	1.45%	1.45%
KLAC	F	0.41%	0.32%	0.32%
LRCX	F	0.45%	0.34%	0.34%
MCK	B	0.32%	1.03%	0.32%
META	B	5.67%	1.0%	1.0%
MPC	D	0.24%	1.81%	0.24%
MSFT	C	14.03%	4.9%	4.9%
MU	D	0.52%	0.39%	0.39%
NTAP	D	0.11%	0.23%	0.11%
NUE	D	0.16%	2.22%	0.16%
NXPI	F	0.28%	0.27%	0.27%
PANW	B	0.52%	0.41%	0.41%
PG	C	1.8%	2.19%	1.8%
PHM	D	0.12%	0.31%	0.12%
QCOM	F	0.85%	0.49%	0.49%
REGN	F	0.4%	0.98%	0.4%
STLD	C	0.09%	2.53%	0.09%
VLO	C	0.19%	1.75%	0.19%

HLAL Overweight 175 Positions Relative to FCPI

Symbol	Grade	Weight
GOOG	C	3.88%
TSLA	B	3.11%
XOM	B	2.46%
JNJ	D	1.76%
CRM	B	1.28%
CVX	A	1.22%
MRK	F	1.19%
KO	F	1.17%
CSCO	A	1.04%
AMD	F	1.04%
LIN	D	1.01%
ADBE	C	0.98%
TMO	F	0.97%
ABT	C	0.94%
NOW	A	0.89%
TXN	B	0.85%
ISRG	A	0.83%
DHR	F	0.74%
PFE	F	0.73%
UBER	F	0.68%
SYK	A	0.62%
COP	C	0.59%
TJX	A	0.59%
BSX	A	0.58%
ADP	A	0.55%
MDT	D	0.53%
ADI	D	0.52%
PLD	D	0.49%
INTC	C	0.45%
UPS	C	0.45%
NKE	F	0.43%
MDLZ	F	0.42%
TT	B	0.4%
WELL	B	0.38%
CDNS	B	0.37%
GEV	B	0.37%
SNPS	C	0.37%
MRVL	B	0.34%
CEG	D	0.33%
CTAS	B	0.33%
APD	B	0.32%
MMM	C	0.32%
BDX	F	0.31%
EMR	A	0.29%
ADSK	B	0.29%
CARR	C	0.28%
FDX	B	0.28%
SLB	C	0.27%
ROP	A	0.27%
NEM	F	0.25%
PCAR	B	0.25%
JCI	A	0.23%
DHI	D	0.23%
PSX	C	0.23%
CMI	A	0.21%
FAST	B	0.21%
GWW	B	0.21%
ROST	D	0.21%
CTVA	C	0.2%
KVUE	A	0.2%
PWR	B	0.2%
ODFL	B	0.19%
EA	A	0.19%
A	F	0.19%
LEN	D	0.19%
IT	B	0.18%
VRT	B	0.18%
BKR	B	0.18%
IR	A	0.18%
GEHC	D	0.18%
LULU	B	0.18%
HES	B	0.18%
COR	B	0.18%
EW	F	0.18%
GLW	B	0.17%
OXY	F	0.16%
FANG	C	0.16%
IDXX	F	0.16%
KDP	C	0.16%
HPQ	B	0.16%
RMD	C	0.16%
VMC	B	0.16%
MLM	B	0.16%
WAB	B	0.15%
DD	D	0.15%
TSCO	D	0.14%
PPG	F	0.14%
XYL	F	0.14%
ON	F	0.14%
ROK	B	0.14%
AXON	B	0.14%
GRMN	A	0.14%
CAH	B	0.13%
TTWO	A	0.13%
ANSS	B	0.13%
DOW	F	0.13%
HAL	C	0.12%
FTV	C	0.12%
CHD	A	0.12%
BIIB	F	0.12%
VLTO	D	0.12%
TYL	B	0.12%
IFF	F	0.12%
DOV	A	0.12%
ADM	F	0.12%
HUBB	C	0.11%
WST	B	0.11%
WY	F	0.11%
ILMN	C	0.11%
DVN	F	0.11%
ATO	B	0.1%
BLDR	C	0.1%
WDC	D	0.1%
LYB	F	0.1%
PTC	B	0.1%
ZBH	C	0.1%
STE	D	0.1%
FSLR	F	0.1%
LH	B	0.09%
HOLX	D	0.09%
ZBRA	B	0.09%
ARE	F	0.09%
MKC	D	0.09%
OMC	A	0.09%
PKG	B	0.09%
TER	F	0.08%
PNR	A	0.08%
IEX	B	0.08%
PODD	B	0.08%
EXPD	C	0.08%
DGX	B	0.08%
SNA	A	0.08%
ICLR	F	0.08%
ULTA	C	0.08%
SWK	F	0.07%
JBHT	C	0.07%
TRMB	B	0.07%
AKAM	F	0.07%
APTV	F	0.07%
EL	F	0.07%
RVTY	C	0.07%
MRO	B	0.07%
BURL	C	0.07%
IP	B	0.07%
ALGN	D	0.07%
GPC	D	0.07%
BMRN	F	0.06%
JNPR	D	0.06%
SMCI	F	0.06%
REG	A	0.06%
ROL	C	0.06%
POOL	D	0.06%
FFIV	B	0.06%
DLTR	F	0.06%
FLEX	B	0.06%
LKQ	C	0.05%
NWSA	B	0.05%
IPG	F	0.05%
OKTA	C	0.05%
ALB	C	0.05%
TECH	D	0.05%
BG	D	0.05%
DAL	A	0.04%
CRL	C	0.04%
SCCO	F	0.04%
TFX	F	0.04%
UAL	A	0.03%
WBA	D	0.03%
QRVO	F	0.03%
NWS	B	0.02%
GFS	C	0.02%
WLK	F	0.02%
LUV	B	0.02%
LEN	D	0.01%
AGR	C	0.01%

HLAL Underweight 78 Positions Relative to FCPI

Symbol	Grade	Weight
NVDA	A	-5.55%
VST	B	-3.26%
TPL	B	-3.03%
NRG	C	-2.5%
LLY	F	-2.23%
AM	B	-2.07%
SPG	A	-2.02%
AMZN	A	-1.99%
BRBR	A	-1.94%
HST	D	-1.8%
ABBV	F	-1.8%
VICI	D	-1.78%
MO	A	-1.76%
KMB	D	-1.51%
CL	F	-1.51%
COKE	C	-1.4%
AVGO	C	-1.4%
UTHR	B	-1.29%
THC	B	-1.24%
HCA	D	-1.22%
CI	D	-1.2%
V	A	-1.12%
UHS	D	-1.08%
RPRX	F	-1.06%
ELV	F	-1.02%
MEDP	D	-0.93%
PGR	A	-0.78%
AMP	A	-0.71%
COF	B	-0.68%
C	B	-0.67%
CAT	B	-0.65%
SYF	B	-0.64%
RNR	D	-0.63%
JXN	C	-0.63%
DFS	B	-0.63%
CRBG	C	-0.58%
LDOS	C	-0.58%
EME	B	-0.57%
HIG	C	-0.57%
FIX	B	-0.55%
BKNG	A	-0.53%
MLI	B	-0.53%
RGA	A	-0.52%
MTG	C	-0.52%
IBM	D	-0.51%
APP	B	-0.49%
CSL	B	-0.47%
BCC	B	-0.45%
OC	A	-0.44%
ANET	C	-0.4%
CRWD	B	-0.38%
APH	B	-0.35%
ABNB	C	-0.34%
TOL	B	-0.33%
FICO	B	-0.33%
HRB	D	-0.31%
ATKR	C	-0.3%
NFLX	A	-0.29%
DOCU	B	-0.29%
ZM	B	-0.29%
WSM	F	-0.28%
ANF	C	-0.28%
GAP	B	-0.27%
GDDY	B	-0.27%
GEN	B	-0.25%
DBX	B	-0.24%
CVLT	B	-0.23%
ACIW	B	-0.23%
ONTO	F	-0.21%
SWKS	F	-0.19%
QLYS	B	-0.19%
CRUS	F	-0.18%
VZ	D	-0.17%
DIS	B	-0.17%
T	A	-0.16%
CMCSA	B	-0.16%
TMUS	A	-0.13%
PINS	F	-0.05%