HLAL vs. FTQI ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to First Trust Low Beta Income ETF (FTQI)

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

$52.05

Average Daily Volume

69,757

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

FTQI

First Trust Low Beta Income ETF

FTQI Description

The investment seeks to provide current income. The fund will pursue its objective by investing in large cap equity securities listed on U.S. exchanges and by utilizing an "option strategy" consisting of buying U.S. exchange-traded put options on the Standard & Poor's 500(c) Index (the "index") and writing (selling) U.S. exchange-traded covered call options on the index. The market value of the option strategy may be up to 20% of the fund's overall net asset value. The equity securities in which the fund will invest and the options which the fund will buy and write will be limited to U.S. exchange-traded securities and options. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$20.60

Average Daily Volume

119,737

Number of Holdings ^*

194

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	FTQI
30 Days	2.12%	1.63%
60 Days	2.04%	2.29%
90 Days	3.07%	2.51%
12 Months	23.14%	18.50%

41 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in FTQI	Overlap
A	C	0.19%	0.37%	0.19%
AAPL	C	14.99%	9.13%	9.13%
ADBE	F	1.21%	1.75%	1.21%
AMD	D	1.1%	1.73%	1.1%
BMRN	F	0.07%	0.28%	0.07%
CHRW	B	0.05%	0.17%	0.05%
CRM	D	1.14%	0.46%	0.46%
CSCO	C	0.95%	1.38%	0.95%
DOX	C	0.05%	0.17%	0.05%
EXAS	C	0.05%	0.16%	0.05%
FFIV	B	0.05%	0.18%	0.05%
GEV	B	0.25%	0.03%	0.03%
GOOG	D	3.51%	1.7%	1.7%
GOOGL	D	4.16%	1.71%	1.71%
HOLX	B	0.09%	0.1%	0.09%
ICLR	D	0.11%	0.43%	0.11%
JBHT	D	0.06%	0.15%	0.06%
LIN	B	1.06%	1.27%	1.06%
META	B	5.25%	4.19%	4.19%
MSFT	C	14.26%	8.44%	8.44%
NOW	B	0.84%	0.41%	0.41%
NTAP	D	0.11%	0.8%	0.11%
NWSA	D	0.05%	0.04%	0.04%
OKTA	F	0.05%	0.05%	0.05%
PODD	B	0.07%	0.18%	0.07%
POOL	C	0.06%	0.15%	0.06%
PTC	D	0.09%	0.46%	0.09%
QCOM	D	0.81%	1.21%	0.81%
QRVO	F	0.04%	0.17%	0.04%
REG	C	0.06%	0.18%	0.06%
RMD	C	0.17%	0.15%	0.15%
TECH	C	0.05%	0.14%	0.05%
TRMB	C	0.06%	0.15%	0.06%
TSCO	C	0.13%	0.29%	0.13%
TSLA	C	2.79%	2.23%	2.23%
TXN	C	0.85%	1.53%	0.85%
TYL	C	0.12%	0.4%	0.12%
ULTA	D	0.08%	0.15%	0.08%
VMC	D	0.14%	0.12%	0.12%
XOM	C	2.49%	0.14%	0.14%
ZBRA	B	0.07%	0.33%	0.07%

HLAL Overweight 169 Positions Relative to FTQI

Symbol	Grade	Weight
PG	C	1.96%
JNJ	C	1.93%
MRK	D	1.4%
KO	C	1.31%
CVX	D	1.17%
TMO	B	1.09%
ABT	C	0.98%
DHR	B	0.83%
PFE	C	0.8%
ISRG	B	0.77%
AMAT	D	0.68%
UBER	C	0.66%
TJX	B	0.63%
SYK	C	0.61%
COP	D	0.6%
MDT	C	0.57%
BSX	B	0.57%
PLD	C	0.56%
REGN	C	0.55%
ADP	B	0.54%
GILD	B	0.51%
ADI	C	0.5%
PANW	D	0.49%
MDLZ	B	0.48%
NKE	D	0.46%
UPS	D	0.45%
LRCX	F	0.44%
KLAC	D	0.43%
MU	F	0.42%
INTC	F	0.38%
TT	B	0.36%
WELL	C	0.35%
MMM	B	0.34%
BDX	D	0.33%
SNPS	D	0.33%
CDNS	D	0.32%
CTAS	B	0.32%
FDX	C	0.31%
MCK	F	0.31%
ROP	C	0.28%
SLB	F	0.28%
MRVL	C	0.28%
NEM	B	0.28%
APD	B	0.28%
EMR	D	0.27%
NXPI	F	0.27%
MPC	F	0.27%
ADSK	C	0.26%
PSX	F	0.26%
CEG	C	0.26%
DHI	B	0.26%
PCAR	D	0.23%
ROST	C	0.23%
JCI	B	0.22%
LEN	B	0.21%
TEL	D	0.21%
VLO	F	0.21%
GWW	B	0.2%
KDP	B	0.19%
EW	F	0.19%
CTVA	B	0.19%
CMI	C	0.19%
ODFL	D	0.18%
FAST	C	0.18%
EA	D	0.18%
IDXX	C	0.18%
DOW	D	0.17%
PWR	B	0.17%
GEHC	C	0.17%
HES	F	0.17%
IT	B	0.17%
DD	B	0.16%
HPQ	D	0.16%
NUE	F	0.16%
OXY	F	0.16%
BKR	C	0.16%
IR	C	0.16%
GLW	C	0.15%
FANG	D	0.15%
BIIB	F	0.14%
ROK	D	0.14%
PPG	D	0.14%
MLM	D	0.14%
LULU	D	0.14%
ADM	D	0.14%
XYL	C	0.14%
PHM	B	0.13%
CAH	C	0.13%
GRMN	D	0.13%
WAB	B	0.13%
ON	D	0.13%
DOV	B	0.12%
VLTO	C	0.12%
FTV	C	0.12%
CHD	D	0.12%
HAL	F	0.12%
TTWO	C	0.12%
IFF	B	0.12%
ANSS	D	0.12%
DVN	F	0.12%
WST	D	0.11%
STE	C	0.11%
VST	C	0.11%
LYB	D	0.11%
MKC	C	0.1%
ZBH	F	0.1%
FSLR	C	0.1%
WY	C	0.1%
TER	D	0.09%
APTV	D	0.09%
BLDR	C	0.09%
OMC	B	0.09%
ILMN	C	0.09%
GPC	D	0.09%
WDC	D	0.09%
ATO	B	0.09%
HUBB	B	0.09%
ARE	C	0.09%
EL	F	0.09%
BURL	B	0.08%
CTRA	D	0.08%
STLD	F	0.08%
ALGN	D	0.08%
IP	B	0.08%
DGX	B	0.08%
PKG	B	0.08%
ROL	C	0.07%
BG	D	0.07%
PNR	B	0.07%
AKAM	D	0.07%
SWK	B	0.07%
IEX	D	0.07%
CF	C	0.07%
MRO	C	0.07%
FLEX	C	0.06%
JNPR	B	0.06%
SNA	C	0.06%
DLTR	F	0.06%
TWLO	D	0.05%
LKQ	F	0.05%
TFX	C	0.05%
SW	B	0.05%
IPG	C	0.05%
FMC	C	0.04%
SOLV	C	0.04%
BWA	D	0.04%
SCCO	D	0.04%
PAYC	D	0.04%
MOS	F	0.04%
GNRC	D	0.04%
DAY	D	0.04%
HSIC	C	0.04%
ALB	D	0.04%
CRL	F	0.04%
BIO	C	0.03%
RHI	D	0.03%
LEA	F	0.03%
WBA	F	0.03%
LBRDK	F	0.03%
ALV	F	0.03%
DAL	C	0.03%
UAL	C	0.02%
WLK	D	0.02%
LUV	C	0.02%
LEN	B	0.01%
AGR	B	0.01%
NWS	D	0.01%
GFS	F	0.01%
LBRDA	F	0.0%

HLAL Underweight 153 Positions Relative to FTQI

Symbol	Grade	Weight
NVDA	D	-4.75%
AVGO	C	-4.41%
AMZN	C	-4.32%
COST	B	-2.72%
NFLX	B	-2.05%
PEP	C	-1.65%
TMUS	C	-1.56%
INTU	C	-1.27%
EQIX	C	-1.24%
LLY	C	-1.18%
CME	C	-0.95%
CHKP	B	-0.81%
ORCL	C	-0.68%
SPGI	B	-0.64%
APH	D	-0.54%
OTTR	F	-0.53%
MGEE	B	-0.5%
LNT	B	-0.48%
UFPI	C	-0.47%
CASY	D	-0.42%
STX	C	-0.4%
DUOL	B	-0.37%
WFRD	F	-0.37%
WMT	C	-0.37%
AMT	C	-0.35%
SNY	B	-0.35%
BGC	B	-0.35%
NDAQ	A	-0.34%
MPWR	C	-0.33%
MEDP	F	-0.32%
APA	F	-0.32%
SBAC	C	-0.31%
PAGP	C	-0.3%
TRMD	C	-0.29%
CG	D	-0.29%
ANET	B	-0.28%
BCPC	C	-0.28%
ERIE	B	-0.28%
MORN	C	-0.26%
WWD	D	-0.25%
EVRG	B	-0.25%
OLED	C	-0.23%
NBIX	F	-0.23%
CL	D	-0.23%
CYBR	D	-0.22%
PCVX	C	-0.22%
EWBC	D	-0.22%
PTEN	F	-0.22%
V	C	-0.22%
MTSI	D	-0.2%
MSI	B	-0.2%
MANH	B	-0.2%
MKSI	F	-0.2%
VRNS	C	-0.2%
OLLI	C	-0.2%
ABBV	C	-0.2%
PNFP	B	-0.2%
UMBF	B	-0.2%
COKE	C	-0.2%
ICUI	B	-0.19%
HALO	C	-0.19%
APP	C	-0.19%
IESC	C	-0.19%
BNTX	C	-0.18%
EBAY	B	-0.18%
IDCC	B	-0.18%
NOVT	D	-0.18%
EXPE	C	-0.17%
LITE	B	-0.17%
SAIA	D	-0.17%
MUSA	D	-0.17%
RVMD	C	-0.17%
STRL	B	-0.17%
SSNC	B	-0.17%
UTHR	C	-0.17%
NTRA	C	-0.17%
WTW	C	-0.16%
INCY	C	-0.16%
HOOD	C	-0.16%
AXON	B	-0.16%
HBAN	B	-0.15%
CYTK	F	-0.15%
FITB	B	-0.15%
FCNCA	D	-0.15%
CHDN	C	-0.15%
SOFI	C	-0.15%
GH	D	-0.15%
ACHC	C	-0.15%
BSY	D	-0.15%
ASND	C	-0.15%
LSTR	D	-0.15%
CINF	B	-0.15%
TWST	D	-0.15%
TTEK	C	-0.15%
ENSG	B	-0.15%
VKTX	C	-0.15%
NTRS	A	-0.15%
XRAY	D	-0.15%
ARGX	C	-0.15%
LECO	F	-0.14%
WIX	D	-0.14%
RGLD	C	-0.14%
AXP	B	-0.14%
ALNY	C	-0.14%
ZION	D	-0.14%
PGR	B	-0.14%
ACLS	F	-0.14%
MDGL	F	-0.14%
VEEV	C	-0.14%
MRUS	D	-0.14%
APLS	F	-0.14%
ITRI	C	-0.14%
KRYS	D	-0.14%
RPRX	C	-0.14%
LNTH	D	-0.14%
JAZZ	D	-0.14%
MKTX	C	-0.13%
AAON	B	-0.13%
UPST	C	-0.13%
FRPT	B	-0.13%
TMDX	C	-0.13%
MTD	D	-0.13%
COIN	F	-0.13%
LEGN	F	-0.13%
CAT	B	-0.13%
SRPT	D	-0.13%
GE	B	-0.12%
PH	B	-0.12%
LOW	B	-0.12%
WAT	C	-0.12%
ETN	C	-0.12%
DJT	F	-0.12%
LANC	D	-0.12%
MIDD	D	-0.12%
WM	D	-0.11%
LOGI	D	-0.11%
MASI	F	-0.11%
UFPT	B	-0.11%
SHOO	B	-0.11%
SFM	B	-0.1%
MMYT	B	-0.09%
TROW	D	-0.09%
BL	D	-0.08%
CRVL	B	-0.08%
DOCU	C	-0.07%
CVLT	B	-0.07%
ACGL	C	-0.06%
CSWI	B	-0.06%
TW	B	-0.05%
CVCO	A	-0.04%
RGEN	F	-0.02%
RXST	C	-0.02%
REYN	C	-0.01%