HLAL vs. PFM ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to PowerShares Dividend Achievers (PFM)

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

$52.76

Average Daily Volume

60,232

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

PFM

PowerShares Dividend Achievers

PFM Description

The PowerShares Dividend AchieversTM Portfolio (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend AchieversTM Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in January and rebalanced quarterly in January, April, July and October. Effective December 28, 2012, the NADAQ OMX Group, Inc., replaced Mergent, Inc., as the Index Provider of the Index. Effective February 25, 2013, the name of the Index changed from Broad Dividend Achievers Index to NASDAQ US Broad Dividend Achievers Index. There will be no change to the methodology by which NASDAQ OMX Group, Inc., the Index Provider, calculates the Index. Please see the Fund’s prospectus supplement for more information. On February 25, 2013, NASDAQ took the place of the NYSE as the official Index data source.

Grade (RS Rating)

Last Trade

$47.32

Average Daily Volume

33,054

Number of Holdings ^*

417

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	PFM
30 Days	1.91%	1.18%
60 Days	4.36%	3.23%
90 Days	6.36%	7.61%
12 Months	24.63%	29.65%

73 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in PFM	Overlap
A	F	0.19%	0.16%	0.16%
AAPL	D	14.91%	3.96%	3.96%
ABT	B	0.94%	0.87%	0.87%
ADI	D	0.52%	0.49%	0.49%
ADM	F	0.12%	0.12%	0.12%
ADP	A	0.55%	0.52%	0.52%
ALB	C	0.05%	0.05%	0.05%
APD	B	0.32%	0.3%	0.3%
ARE	F	0.09%	0.09%	0.09%
ATO	A	0.1%	0.09%	0.09%
BDX	D	0.31%	0.3%	0.3%
CAH	B	0.13%	0.12%	0.12%
CHD	B	0.12%	0.11%	0.11%
CMI	B	0.21%	0.2%	0.2%
COR	A	0.18%	0.2%	0.18%
CSCO	A	1.04%	0.97%	0.97%
CTAS	A	0.33%	0.37%	0.33%
CVX	B	1.22%	1.2%	1.2%
DGX	A	0.08%	0.08%	0.08%
DHR	F	0.74%	0.78%	0.74%
DOV	A	0.12%	0.11%	0.11%
EMR	A	0.29%	0.27%	0.27%
EXPD	F	0.08%	0.07%	0.07%
FAST	B	0.21%	0.2%	0.2%
GLW	B	0.17%	0.18%	0.17%
GPC	D	0.07%	0.07%	0.07%
GWW	B	0.21%	0.24%	0.21%
HPQ	B	0.16%	0.15%	0.15%
HUBB	B	0.11%	0.1%	0.1%
IEX	B	0.08%	0.07%	0.07%
IPG	F	0.05%	0.05%	0.05%
JBHT	B	0.07%	0.08%	0.07%
JNJ	F	1.76%	1.7%	1.7%
KLAC	F	0.41%	0.4%	0.4%
KO	F	1.17%	1.24%	1.17%
LIN	D	1.01%	0.96%	0.96%
LYB	F	0.1%	0.13%	0.1%
MCK	B	0.32%	0.29%	0.29%
MDLZ	F	0.42%	0.41%	0.41%
MDT	D	0.53%	0.5%	0.5%
MKC	D	0.09%	0.09%	0.09%
MMM	D	0.32%	0.31%	0.31%
MRK	F	1.19%	1.14%	1.14%
MSFT	C	14.03%	3.91%	3.91%
NKE	F	0.43%	0.41%	0.41%
NUE	C	0.16%	0.15%	0.15%
PFE	F	0.73%	0.71%	0.71%
PG	D	1.8%	1.71%	1.71%
PKG	B	0.09%	0.09%	0.09%
PLD	F	0.49%	0.46%	0.46%
POOL	D	0.06%	0.06%	0.06%
PPG	F	0.14%	0.13%	0.13%
PSX	D	0.23%	0.22%	0.22%
QCOM	F	0.85%	0.8%	0.8%
REG	B	0.06%	0.06%	0.06%
RMD	B	0.16%	0.16%	0.16%
ROK	B	0.14%	0.13%	0.13%
ROP	B	0.27%	0.25%	0.25%
SNA	A	0.08%	0.08%	0.08%
STE	F	0.1%	0.1%	0.1%
STLD	B	0.09%	0.09%	0.09%
SWK	F	0.07%	0.06%	0.06%
SYK	A	0.62%	0.6%	0.6%
TSCO	D	0.14%	0.13%	0.13%
TT	A	0.4%	0.37%	0.37%
TXN	B	0.85%	0.82%	0.82%
UPS	D	0.45%	0.43%	0.43%
VMC	B	0.16%	0.16%	0.16%
WBA	D	0.03%	0.04%	0.03%
WLK	F	0.02%	0.07%	0.02%
WST	C	0.11%	0.1%	0.1%
XOM	B	2.46%	2.29%	2.29%
XYL	D	0.14%	0.13%	0.13%

HLAL Overweight 125 Positions Relative to PFM

Symbol	Grade	Weight
META	B	5.67%
GOOGL	B	4.6%
GOOG	B	3.88%
TSLA	B	3.11%
CRM	B	1.28%
AMD	F	1.04%
ADBE	C	0.98%
TMO	F	0.97%
NOW	A	0.89%
ISRG	A	0.83%
AMAT	F	0.7%
UBER	F	0.68%
COP	C	0.59%
TJX	B	0.59%
BSX	A	0.58%
PANW	A	0.52%
MU	C	0.52%
INTC	C	0.45%
LRCX	F	0.45%
REGN	F	0.4%
WELL	B	0.38%
CDNS	B	0.37%
GEV	B	0.37%
SNPS	B	0.37%
MRVL	B	0.34%
CEG	D	0.33%
ADSK	B	0.29%
NXPI	F	0.28%
CARR	D	0.28%
FDX	B	0.28%
SLB	D	0.27%
NEM	F	0.25%
PCAR	B	0.25%
MPC	D	0.24%
JCI	B	0.23%
DHI	D	0.23%
ROST	F	0.21%
CTVA	C	0.2%
KVUE	A	0.2%
PWR	B	0.2%
ODFL	B	0.19%
EA	A	0.19%
LEN	D	0.19%
VLO	D	0.19%
IT	A	0.18%
VRT	B	0.18%
BKR	B	0.18%
IR	A	0.18%
GEHC	D	0.18%
LULU	C	0.18%
HES	C	0.18%
EW	F	0.18%
OXY	F	0.16%
FANG	D	0.16%
IDXX	D	0.16%
KDP	D	0.16%
DELL	C	0.16%
MLM	B	0.16%
WAB	B	0.15%
DD	D	0.15%
ON	D	0.14%
EBAY	D	0.14%
AXON	B	0.14%
GRMN	A	0.14%
TTWO	A	0.13%
ANSS	B	0.13%
DOW	F	0.13%
HAL	D	0.12%
FTV	D	0.12%
BIIB	F	0.12%
VLTO	D	0.12%
TYL	B	0.12%
IFF	F	0.12%
PHM	D	0.12%
WY	F	0.11%
NTAP	C	0.11%
ILMN	C	0.11%
DVN	F	0.11%
BLDR	D	0.1%
WDC	D	0.1%
PTC	B	0.1%
ZBH	C	0.1%
FSLR	F	0.1%
LH	B	0.09%
HOLX	D	0.09%
ZBRA	A	0.09%
OMC	B	0.09%
TER	D	0.08%
PNR	B	0.08%
PODD	B	0.08%
ICLR	F	0.08%
ULTA	C	0.08%
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%
CF	B	0.07%
IP	B	0.07%
ALGN	D	0.07%
BMRN	F	0.06%
JNPR	C	0.06%
SMCI	F	0.06%
ROL	B	0.06%
FFIV	B	0.06%
DLTR	F	0.06%
FLEX	B	0.06%
LKQ	D	0.05%
NWSA	B	0.05%
OKTA	C	0.05%
TECH	C	0.05%
BG	D	0.05%
DAL	A	0.04%
CRL	C	0.04%
SCCO	D	0.04%
TFX	F	0.04%
UAL	A	0.03%
QRVO	F	0.03%
NWS	B	0.02%
GFS	C	0.02%
LUV	B	0.02%
LEN	D	0.01%
AGR	C	0.01%

HLAL Underweight 344 Positions Relative to PFM

Symbol	Grade	Weight
AVGO	B	-3.47%
WMT	A	-2.91%
JPM	B	-2.79%
UNH	B	-2.3%
V	A	-2.14%
ORCL	A	-2.05%
MA	A	-2.02%
HD	B	-1.73%
COST	B	-1.71%
ABBV	D	-1.59%
BAC	A	-1.43%
PEP	F	-1.01%
ACN	C	-0.95%
MCD	D	-0.92%
PM	C	-0.91%
IBM	D	-0.84%
MS	A	-0.83%
CAT	B	-0.8%
VZ	D	-0.78%
AMGN	F	-0.76%
INTU	A	-0.75%
CMCSA	B	-0.74%
NEE	D	-0.72%
GS	B	-0.72%
RTX	C	-0.71%
LOW	B	-0.66%
SPGI	D	-0.66%
UNP	D	-0.62%
HON	B	-0.59%
ETN	A	-0.58%
LMT	D	-0.57%
BMY	B	-0.5%
CB	D	-0.5%
SBUX	B	-0.49%
MMC	C	-0.47%
AMT	F	-0.44%
SO	D	-0.44%
ELV	F	-0.42%
MO	A	-0.41%
SHW	B	-0.4%
DUK	D	-0.39%
ICE	D	-0.39%
WM	A	-0.38%
MCO	C	-0.37%
CME	B	-0.36%
ZTS	F	-0.36%
APH	B	-0.36%
AON	A	-0.35%
GD	A	-0.35%
CL	F	-0.34%
ITW	B	-0.34%
NOC	C	-0.33%
PNC	A	-0.33%
MSI	B	-0.33%
USB	B	-0.33%
TGT	C	-0.31%
ECL	D	-0.31%
CSX	B	-0.29%
AJG	B	-0.27%
EPD	A	-0.27%
RSG	A	-0.27%
AFL	C	-0.26%
BK	B	-0.25%
TRV	B	-0.25%
TFC	A	-0.25%
MET	C	-0.24%
O	D	-0.23%
SRE	A	-0.23%
AEP	D	-0.23%
ALL	A	-0.22%
AMP	A	-0.22%
PAYX	B	-0.22%
LHX	B	-0.21%
PEG	D	-0.2%
MPLX	A	-0.2%
KMB	F	-0.2%
NDAQ	B	-0.19%
PRU	B	-0.19%
KR	A	-0.18%
MCHP	F	-0.17%
XEL	A	-0.16%
DFS	B	-0.16%
SYY	B	-0.16%
EXR	D	-0.15%
ED	D	-0.15%
RJF	A	-0.14%
HUM	F	-0.14%
EIX	D	-0.14%
HIG	C	-0.14%
FITB	A	-0.13%
BRO	A	-0.13%
WEC	B	-0.13%
HSY	D	-0.12%
AWK	D	-0.12%
K	A	-0.12%
STT	B	-0.12%
TROW	B	-0.11%
BR	A	-0.11%
CDW	F	-0.11%
DTE	D	-0.11%
RF	A	-0.1%
WRB	B	-0.1%
CINF	A	-0.1%
CBOE	D	-0.1%
AEE	A	-0.1%
BAH	C	-0.1%
ES	F	-0.1%
CSL	C	-0.09%
PFG	C	-0.09%
BBY	D	-0.09%
CLX	B	-0.09%
ERIE	F	-0.09%
CMS	D	-0.09%
LII	B	-0.09%
FDS	A	-0.08%
MAS	D	-0.08%
MAA	C	-0.08%
ESS	C	-0.08%
LNT	C	-0.07%
RS	B	-0.07%
NI	A	-0.07%
KEY	B	-0.07%
RPM	B	-0.07%
FNF	C	-0.07%
AVY	F	-0.07%
WSO	A	-0.07%
HRL	F	-0.07%
TSN	C	-0.07%
WSM	F	-0.07%
ELS	C	-0.06%
JKHY	C	-0.06%
HEI	C	-0.06%
GGG	B	-0.06%
CE	F	-0.06%
RNR	D	-0.06%
FIX	B	-0.06%
EVRG	A	-0.06%
UDR	D	-0.06%
RGA	A	-0.06%
MORN	A	-0.06%
NDSN	B	-0.06%
DPZ	C	-0.06%
CASY	A	-0.06%
CHDN	C	-0.05%
WTRG	B	-0.05%
CUBE	D	-0.05%
AFG	B	-0.05%
MKTX	C	-0.05%
BEN	C	-0.05%
LECO	B	-0.05%
RRX	C	-0.05%
ATR	A	-0.05%
ITT	A	-0.05%
AES	F	-0.05%
UNM	A	-0.05%
SCI	B	-0.05%
SJM	F	-0.05%
CHRW	B	-0.05%
EMN	D	-0.05%
OGE	B	-0.04%
CBSH	A	-0.04%
EGP	D	-0.04%
CFR	B	-0.04%
CHE	D	-0.04%
TTC	D	-0.04%
INGR	B	-0.04%
ENSG	C	-0.04%
DCI	A	-0.04%
AIT	A	-0.04%
LAD	B	-0.04%
AOS	F	-0.04%
ORI	A	-0.04%
REXR	F	-0.04%
GL	B	-0.04%
PRI	A	-0.04%
RGLD	C	-0.04%
SEIC	A	-0.04%
AIZ	A	-0.04%
PNW	B	-0.04%
EVR	B	-0.04%
BMI	B	-0.03%
TRNO	D	-0.03%
TKR	F	-0.03%
MDU	F	-0.03%
CBT	B	-0.03%
CADE	B	-0.03%
LFUS	D	-0.03%
R	B	-0.03%
MSA	D	-0.03%
AXS	B	-0.03%
FAF	D	-0.03%
OSK	B	-0.03%
STAG	F	-0.03%
FR	D	-0.03%
BOKF	B	-0.03%
PB	A	-0.03%
RLI	A	-0.03%
RHI	B	-0.03%
HII	D	-0.03%
SSB	B	-0.03%
AGCO	F	-0.03%
ADC	B	-0.03%
UFPI	B	-0.03%
SSD	D	-0.03%
ZION	B	-0.03%
WTFC	A	-0.03%
NNN	F	-0.03%
POWI	C	-0.02%
PRGO	C	-0.02%
SR	C	-0.02%
BANF	B	-0.02%
ASB	B	-0.02%
WDFC	A	-0.02%
CNO	B	-0.02%
CCOI	C	-0.02%
IBOC	B	-0.02%
PII	F	-0.02%
KAI	B	-0.02%
FUL	F	-0.02%
BKH	B	-0.02%
ASH	F	-0.02%
AVNT	B	-0.02%
FELE	B	-0.02%
NJR	B	-0.02%
DDS	C	-0.02%
AGO	B	-0.02%
FLO	F	-0.02%
LANC	B	-0.02%
EXPO	D	-0.02%
POR	D	-0.02%
GATX	B	-0.02%
CNS	B	-0.02%
AVT	C	-0.02%
AL	B	-0.02%
OZK	B	-0.02%
UGI	D	-0.02%
UBSI	B	-0.02%
WTS	B	-0.02%
SON	F	-0.02%
FFIN	B	-0.02%
IDA	A	-0.02%
SWX	B	-0.02%
THG	A	-0.02%
MATX	B	-0.02%
UMBF	B	-0.02%
BCPC	B	-0.02%
BC	D	-0.02%
HOMB	A	-0.02%
SLGN	A	-0.02%
SIGI	B	-0.02%
NXST	C	-0.02%
THO	B	-0.02%
NFG	C	-0.02%
GABC	A	-0.01%
TR	C	-0.01%
UVV	B	-0.01%
LNN	B	-0.01%
WABC	B	-0.01%
CSGS	B	-0.01%
TCBK	B	-0.01%
STBA	C	-0.01%
NWN	B	-0.01%
SRCE	A	-0.01%
HMN	B	-0.01%
ANDE	D	-0.01%
SCL	C	-0.01%
TNC	F	-0.01%
LKFN	B	-0.01%
DKL	D	-0.01%
APOG	B	-0.01%
GTY	B	-0.01%
AGM	B	-0.01%
CHCO	B	-0.01%
SJW	D	-0.01%
NHC	B	-0.01%
SYBT	B	-0.01%
WSBC	B	-0.01%
WOR	D	-0.01%
HI	C	-0.01%
LMAT	B	-0.01%
NBTB	B	-0.01%
MTRN	B	-0.01%
FRME	A	-0.01%
SXI	B	-0.01%
HWKN	C	-0.01%
HNI	B	-0.01%
TOWN	B	-0.01%
INDB	B	-0.01%
CPK	B	-0.01%
IOSP	B	-0.01%
WAFD	B	-0.01%
KWR	C	-0.01%
ABR	B	-0.01%
TRN	A	-0.01%
SFNC	B	-0.01%
AVA	C	-0.01%
NSP	F	-0.01%
WSFS	A	-0.01%
CWT	D	-0.01%
MAN	F	-0.01%
AWR	B	-0.01%
BRC	B	-0.01%
FIBK	B	-0.01%
GFF	C	-0.01%
JJSF	B	-0.01%
MGEE	A	-0.01%
CBU	B	-0.01%
OTTR	C	-0.01%
NWE	C	-0.01%
ABM	B	-0.01%
AUB	B	-0.01%
FLIC	B	-0.0%
JOUT	D	-0.0%
ARTNA	F	-0.0%
HVT	F	-0.0%
ODC	D	-0.0%
BMRC	B	-0.0%
CTO	B	-0.0%
AROW	B	-0.0%
YORW	F	-0.0%
THFF	A	-0.0%
PLOW	D	-0.0%
HIFS	B	-0.0%
UHT	D	-0.0%
CASS	B	-0.0%
WASH	A	-0.0%
GSBC	B	-0.0%
SMBC	B	-0.0%
MBWM	B	-0.0%
HBNC	B	-0.0%
MATW	C	-0.0%
SPTN	F	-0.0%
FCBC	B	-0.0%
HFWA	B	-0.0%
MNRO	B	-0.0%
PFC	B	-0.0%
HY	F	-0.0%
SCVL	D	-0.0%
TMP	B	-0.0%
CTBI	B	-0.0%
GRC	B	-0.0%
SBSI	B	-0.0%
AMSF	A	-0.0%
MSEX	B	-0.0%