HLAL vs. ILCG ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to iShares Morningstar Growth ETF (ILCG)

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

ILCG

iShares Morningstar Growth ETF

ILCG Description

The investment seeks to track the investment results of the Morningstar US Large-Mid Cap Broad Growth IndexSM composed of large- and mid-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of stocks issued by large- mid capitalization companies that have exhibited above-average âgrowthâ characteristics as determined by Morningstar, Inc. (Morningstarâ or the index provider) proprietary index methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$83.75

Average Daily Volume

111,478

Number of Holdings ^*

387

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	ILCG
30 Days	2.12%	1.87%
60 Days	2.04%	3.77%
90 Days	3.07%	2.80%
12 Months	23.14%	37.47%

128 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in ILCG	Overlap
A	C	0.19%	0.17%	0.17%
AAPL	C	14.99%	6.7%	6.7%
ADBE	F	1.21%	1.0%	1.0%
ADI	C	0.5%	0.08%	0.08%
ADP	B	0.54%	0.17%	0.17%
ADSK	C	0.26%	0.24%	0.24%
AKAM	D	0.07%	0.03%	0.03%
ALB	D	0.04%	0.02%	0.02%
ALGN	D	0.08%	0.05%	0.05%
AMAT	D	0.68%	0.26%	0.26%
AMD	D	1.1%	1.03%	1.03%
ANSS	D	0.12%	0.12%	0.12%
APTV	D	0.09%	0.03%	0.03%
ARE	C	0.09%	0.02%	0.02%
BKR	C	0.16%	0.07%	0.07%
BLDR	C	0.09%	0.04%	0.04%
BMRN	F	0.07%	0.07%	0.07%
BSX	B	0.57%	0.24%	0.24%
BURL	B	0.08%	0.07%	0.07%
CDNS	D	0.32%	0.3%	0.3%
CHD	D	0.12%	0.11%	0.11%
CMI	C	0.19%	0.12%	0.12%
CRL	F	0.04%	0.03%	0.03%
CRM	D	1.14%	1.0%	1.0%
CTAS	B	0.32%	0.3%	0.3%
CTRA	F	0.08%	0.03%	0.03%
CTVA	B	0.19%	0.07%	0.07%
DAL	C	0.03%	0.05%	0.03%
DAY	D	0.04%	0.04%	0.04%
DD	B	0.16%	0.07%	0.07%
DLTR	F	0.06%	0.03%	0.03%
DOV	B	0.12%	0.07%	0.07%
DOW	D	0.17%	0.06%	0.06%
EA	D	0.18%	0.1%	0.1%
EL	F	0.09%	0.08%	0.08%
EW	F	0.19%	0.17%	0.17%
EXAS	C	0.05%	0.05%	0.05%
FAST	C	0.18%	0.17%	0.17%
FFIV	B	0.05%	0.02%	0.02%
FLEX	C	0.06%	0.02%	0.02%
FSLR	C	0.1%	0.1%	0.1%
FTV	C	0.12%	0.08%	0.08%
GEHC	C	0.17%	0.06%	0.06%
GEV	B	0.25%	0.13%	0.13%
GOOG	D	3.51%	1.78%	1.78%
GOOGL	D	4.16%	1.99%	1.99%
GPC	D	0.09%	0.03%	0.03%
GRMN	D	0.13%	0.07%	0.07%
GWW	B	0.2%	0.19%	0.19%
HAL	F	0.12%	0.06%	0.06%
HES	F	0.17%	0.15%	0.15%
HUBB	B	0.09%	0.09%	0.09%
IDXX	C	0.18%	0.17%	0.17%
IEX	D	0.07%	0.06%	0.06%
ILMN	C	0.09%	0.09%	0.09%
IR	C	0.16%	0.15%	0.15%
ISRG	B	0.77%	0.72%	0.72%
IT	B	0.17%	0.16%	0.16%
JBHT	D	0.06%	0.04%	0.04%
JCI	B	0.22%	0.12%	0.12%
KDP	B	0.19%	0.06%	0.06%
KLAC	D	0.43%	0.16%	0.16%
LIN	B	1.06%	0.17%	0.17%
LRCX	F	0.44%	0.16%	0.16%
LULU	D	0.14%	0.12%	0.12%
LUV	C	0.02%	0.03%	0.02%
MCK	F	0.31%	0.09%	0.09%
META	B	5.25%	2.72%	2.72%
MKC	C	0.1%	0.05%	0.05%
MLM	D	0.14%	0.13%	0.13%
MRK	D	1.4%	0.44%	0.44%
MRVL	C	0.28%	0.27%	0.27%
MSFT	C	14.26%	13.36%	13.36%
NEM	B	0.28%	0.15%	0.15%
NKE	D	0.46%	0.09%	0.09%
NOW	B	0.84%	0.75%	0.75%
NTAP	D	0.11%	0.05%	0.05%
ODFL	D	0.18%	0.15%	0.15%
OKTA	F	0.05%	0.05%	0.05%
ON	D	0.13%	0.05%	0.05%
PANW	D	0.49%	0.47%	0.47%
PAYC	D	0.04%	0.04%	0.04%
PHM	B	0.13%	0.05%	0.05%
PLD	C	0.56%	0.13%	0.13%
PNR	B	0.07%	0.05%	0.05%
PODD	B	0.07%	0.07%	0.07%
POOL	C	0.06%	0.03%	0.03%
PPG	D	0.14%	0.05%	0.05%
PTC	D	0.09%	0.09%	0.09%
PWR	B	0.17%	0.16%	0.16%
QRVO	F	0.04%	0.02%	0.02%
REG	C	0.06%	0.02%	0.02%
RMD	C	0.17%	0.15%	0.15%
ROK	D	0.14%	0.13%	0.13%
ROL	C	0.07%	0.06%	0.06%
ROP	C	0.28%	0.11%	0.11%
ROST	C	0.23%	0.21%	0.21%
SLB	F	0.28%	0.04%	0.04%
SNA	C	0.06%	0.02%	0.02%
SNPS	F	0.33%	0.31%	0.31%
STE	C	0.11%	0.1%	0.1%
SWK	B	0.07%	0.03%	0.03%
SYK	C	0.61%	0.22%	0.22%
TECH	C	0.05%	0.05%	0.05%
TEL	D	0.21%	0.1%	0.1%
TER	D	0.09%	0.04%	0.04%
TFX	C	0.05%	0.02%	0.02%
TJX	B	0.63%	0.16%	0.16%
TMO	B	1.09%	0.15%	0.15%
TRMB	C	0.06%	0.04%	0.04%
TSCO	C	0.13%	0.09%	0.09%
TSLA	C	2.79%	2.67%	2.67%
TT	B	0.36%	0.18%	0.18%
TTWO	C	0.12%	0.1%	0.1%
TWLO	D	0.05%	0.04%	0.04%
TYL	C	0.12%	0.1%	0.1%
UBER	C	0.66%	0.61%	0.61%
ULTA	D	0.08%	0.04%	0.04%
VLTO	C	0.12%	0.06%	0.06%
VMC	D	0.14%	0.13%	0.13%
VST	C	0.11%	0.07%	0.07%
WAB	A	0.13%	0.12%	0.12%
WELL	C	0.35%	0.12%	0.12%
WLK	D	0.02%	0.01%	0.01%
WST	D	0.11%	0.09%	0.09%
XYL	D	0.14%	0.13%	0.13%
ZBH	F	0.1%	0.05%	0.05%
ZBRA	B	0.07%	0.06%	0.06%

HLAL Overweight 82 Positions Relative to ILCG

Symbol	Grade	Weight
XOM	C	2.49%
PG	C	1.96%
JNJ	C	1.93%
KO	C	1.31%
CVX	D	1.17%
ABT	C	0.98%
CSCO	C	0.95%
TXN	C	0.85%
DHR	B	0.83%
QCOM	D	0.81%
PFE	C	0.8%
COP	D	0.6%
MDT	C	0.57%
REGN	C	0.55%
GILD	B	0.51%
MDLZ	B	0.48%
UPS	D	0.45%
MU	F	0.42%
INTC	F	0.38%
MMM	B	0.34%
BDX	D	0.33%
FDX	C	0.31%
APD	B	0.28%
EMR	D	0.27%
NXPI	F	0.27%
MPC	F	0.27%
PSX	F	0.26%
CEG	C	0.26%
DHI	B	0.26%
PCAR	D	0.23%
LEN	B	0.21%
VLO	F	0.21%
HPQ	D	0.16%
NUE	F	0.16%
OXY	F	0.16%
GLW	C	0.15%
FANG	D	0.15%
BIIB	F	0.14%
ADM	D	0.14%
CAH	C	0.13%
IFF	B	0.12%
DVN	F	0.12%
ICLR	D	0.11%
LYB	D	0.11%
WY	C	0.1%
OMC	B	0.09%
HOLX	C	0.09%
WDC	D	0.09%
ATO	B	0.09%
STLD	F	0.08%
IP	B	0.08%
DGX	B	0.08%
PKG	B	0.08%
BG	D	0.07%
CF	C	0.07%
MRO	D	0.07%
JNPR	B	0.06%
DOX	C	0.05%
NWSA	D	0.05%
LKQ	F	0.05%
SW	B	0.05%
CHRW	B	0.05%
IPG	C	0.05%
FMC	C	0.04%
SOLV	C	0.04%
BWA	D	0.04%
SCCO	D	0.04%
MOS	F	0.04%
GNRC	D	0.04%
HSIC	C	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%
UAL	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 259 Positions Relative to ILCG

Symbol	Grade	Weight
NVDA	D	-11.84%
AMZN	C	-7.32%
LLY	C	-3.26%
V	C	-1.89%
AVGO	C	-1.78%
MA	B	-1.7%
NFLX	B	-1.25%
COST	B	-0.78%
INTU	C	-0.77%
GE	B	-0.44%
MELI	B	-0.43%
ANET	B	-0.39%
EQIX	C	-0.34%
PGR	B	-0.33%
TDG	B	-0.32%
CMG	C	-0.32%
ORCL	C	-0.31%
UNH	C	-0.31%
PLTR	B	-0.3%
ETN	C	-0.29%
SPGI	B	-0.29%
CRWD	D	-0.25%
VRTX	D	-0.24%
AZO	D	-0.23%
WDAY	D	-0.22%
HLT	B	-0.22%
ABNB	D	-0.21%
BX	B	-0.21%
AXP	B	-0.21%
TTD	B	-0.2%
DIS	D	-0.2%
FTNT	C	-0.2%
MSCI	C	-0.19%
MCD	B	-0.19%
BKNG	C	-0.19%
FICO	B	-0.19%
MPWR	C	-0.18%
APH	D	-0.18%
MCO	B	-0.18%
CPRT	D	-0.18%
PAYX	C	-0.18%
DASH	C	-0.17%
CAT	B	-0.17%
SNOW	F	-0.16%
YUM	D	-0.16%
DLR	B	-0.16%
EFX	B	-0.16%
CARR	B	-0.16%
SYY	D	-0.16%
VRSK	D	-0.16%
AME	C	-0.16%
ZTS	C	-0.16%
HWM	B	-0.16%
SBUX	C	-0.16%
MNST	D	-0.16%
ECL	B	-0.15%
SQ	D	-0.15%
DDOG	D	-0.14%
ALNY	C	-0.14%
PH	B	-0.14%
MMC	C	-0.13%
ACN	C	-0.13%
VRT	C	-0.13%
CSGP	D	-0.13%
VEEV	C	-0.13%
COIN	F	-0.13%
IQV	C	-0.12%
AMP	A	-0.12%
CDW	D	-0.12%
SHW	B	-0.12%
MTD	D	-0.12%
HUBS	D	-0.11%
BRO	C	-0.11%
CL	D	-0.11%
TEAM	D	-0.11%
SBAC	C	-0.11%
ARES	B	-0.11%
AXON	B	-0.11%
PSA	B	-0.11%
RCL	B	-0.11%
DXCM	F	-0.11%
KKR	B	-0.1%
FCNCA	D	-0.1%
OTIS	C	-0.1%
URI	B	-0.1%
TRV	C	-0.1%
APP	C	-0.1%
NET	D	-0.1%
RBLX	B	-0.1%
DECK	C	-0.1%
MSI	B	-0.1%
BR	D	-0.1%
FI	A	-0.09%
MDB	D	-0.09%
ALL	B	-0.09%
D	C	-0.09%
INVH	C	-0.09%
AJG	D	-0.09%
STZ	D	-0.09%
CBRE	A	-0.09%
WM	D	-0.09%
COR	D	-0.09%
SMCI	F	-0.09%
O	C	-0.08%
SUI	B	-0.08%
EME	B	-0.08%
CPNG	B	-0.08%
DFS	C	-0.08%
LII	B	-0.08%
TRU	B	-0.08%
AON	B	-0.08%
CSL	B	-0.08%
GDDY	C	-0.08%
ZS	F	-0.07%
COO	B	-0.07%
TPL	B	-0.07%
VRSN	D	-0.07%
CPAY	B	-0.07%
LVS	D	-0.07%
ORLY	C	-0.07%
AVB	B	-0.07%
HSY	C	-0.07%
MANH	B	-0.07%
FWONK	C	-0.07%
WSO	C	-0.07%
FDS	C	-0.07%
KMB	D	-0.07%
TMUS	C	-0.07%
ICE	C	-0.07%
IRM	C	-0.07%
MCHP	F	-0.07%
PCG	C	-0.07%
RJF	C	-0.06%
EXR	B	-0.06%
ACGL	C	-0.06%
TW	B	-0.06%
IBKR	B	-0.06%
TRGP	B	-0.06%
DPZ	F	-0.06%
GGG	C	-0.06%
DT	C	-0.06%
NTNX	C	-0.06%
AWK	B	-0.06%
LYV	B	-0.06%
WTW	C	-0.06%
PSTG	F	-0.06%
ENPH	D	-0.06%
LPLA	D	-0.06%
BAH	C	-0.06%
NTRA	C	-0.06%
HEI	B	-0.06%
EQR	B	-0.05%
NVT	D	-0.05%
HEI	B	-0.05%
TDY	B	-0.05%
GPN	D	-0.05%
NDAQ	A	-0.05%
HOOD	C	-0.05%
SRPT	D	-0.05%
PFGC	B	-0.05%
WSM	D	-0.05%
DOCU	C	-0.05%
WING	B	-0.05%
KIM	C	-0.05%
SAIA	D	-0.05%
MOH	D	-0.05%
EBAY	B	-0.05%
KEYS	C	-0.05%
BALL	C	-0.05%
J	C	-0.05%
EQT	D	-0.05%
FND	C	-0.05%
TTEK	C	-0.05%
NBIX	F	-0.05%
WAT	C	-0.05%
FIX	B	-0.05%
LNG	C	-0.05%
RSG	D	-0.05%
CLH	A	-0.05%
MKL	C	-0.05%
JKHY	B	-0.05%
APO	C	-0.05%
MSTR	D	-0.05%
CLX	C	-0.05%
NDSN	C	-0.05%
DELL	D	-0.05%
ERIE	B	-0.05%
AMH	C	-0.05%
MORN	C	-0.04%
XPO	D	-0.04%
LDOS	B	-0.04%
TSN	C	-0.04%
ELS	C	-0.04%
UDR	C	-0.04%
EXPE	C	-0.04%
MEDP	F	-0.04%
AVY	C	-0.04%
VTR	C	-0.04%
LW	D	-0.04%
MAR	C	-0.04%
ESS	B	-0.04%
DRI	B	-0.04%
PINS	F	-0.04%
CHDN	C	-0.04%
MRNA	F	-0.04%
DKNG	C	-0.04%
CASY	D	-0.04%
ENTG	F	-0.04%
LECO	F	-0.04%
SNAP	F	-0.04%
RPM	B	-0.04%
WMS	D	-0.04%
AVTR	B	-0.04%
WRB	C	-0.04%
AZPN	B	-0.03%
BRKR	D	-0.03%
UHS	B	-0.03%
SCI	B	-0.03%
HII	D	-0.03%
RVTY	B	-0.03%
BSY	D	-0.03%
KMX	D	-0.03%
AOS	D	-0.03%
USFD	B	-0.03%
JBL	D	-0.03%
BLD	D	-0.03%
MAA	B	-0.03%
ALLE	B	-0.03%
CMS	C	-0.03%
CNM	F	-0.03%
CE	F	-0.03%
WYNN	D	-0.03%
MAS	B	-0.03%
GEN	B	-0.03%
TXT	D	-0.03%
CINF	C	-0.03%
ACM	B	-0.03%
AFG	B	-0.02%
MGM	F	-0.02%
DVA	B	-0.02%
CCK	A	-0.02%
BJ	D	-0.02%
PCOR	F	-0.02%
CELH	F	-0.02%
INCY	C	-0.02%
TOL	B	-0.02%
DKS	D	-0.02%
RRX	C	-0.02%
EPAM	F	-0.02%
NRG	C	-0.02%
U	D	-0.02%
CPT	B	-0.02%
FWONA	C	-0.01%
COTY	F	-0.01%
UHAL	A	-0.01%
HRL	C	-0.01%
WTRG	D	-0.01%
UHAL	A	-0.0%
ALAB	D	-0.0%