HLAL vs. QLD ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to ProShares Ultra QQQ (QLD)

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

$51.87

Average Daily Volume

69,757

Number of Holdings ^*

210

* may have additional holdings in another (foreign) market

QLD

ProShares Ultra QQQ

QLD Description

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the NASDAQ-100 Index®. The fund invests in securities and derivatives that ProShare Advisors believes, in combination, should have similar daily return characteristics as two times (2x) the daily return of the index. The index, a modified market capitalization-weighted index, includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$98.72

Average Daily Volume

3,626,011

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	QLD
30 Days	2.12%	0.34%
60 Days	2.04%	1.11%
90 Days	3.07%	-1.32%
12 Months	23.14%	60.78%

50 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in QLD	Overlap
AAPL	C	14.72%	6.54%	6.54%
ADBE	F	1.11%	1.29%	1.11%
ADI	C	0.5%	0.55%	0.5%
ADP	B	0.53%	0.56%	0.53%
ADSK	C	0.26%	0.28%	0.26%
AMAT	D	0.7%	0.76%	0.7%
AMD	D	1.18%	1.2%	1.18%
ANSS	D	0.12%	0.14%	0.12%
BIIB	F	0.13%	0.14%	0.13%
BKR	C	0.16%	0.16%	0.16%
CDNS	D	0.33%	0.36%	0.33%
CEG	C	0.28%	0.29%	0.28%
CSCO	C	0.94%	0.98%	0.94%
CTAS	B	0.32%	0.41%	0.32%
DLTR	F	0.06%	0.07%	0.06%
EA	D	0.18%	0.19%	0.18%
FANG	D	0.14%	0.15%	0.14%
FAST	C	0.18%	0.2%	0.18%
GEHC	C	0.17%	0.2%	0.17%
GFS	F	0.01%	0.11%	0.01%
GILD	B	0.52%	0.5%	0.5%
GOOG	D	3.62%	1.64%	1.64%
GOOGL	D	4.3%	1.7%	1.7%
IDXX	C	0.18%	0.2%	0.18%
ILMN	C	0.09%	0.1%	0.09%
INTC	F	0.39%	0.41%	0.39%
ISRG	B	0.77%	0.86%	0.77%
KDP	B	0.18%	0.25%	0.18%
KLAC	D	0.45%	0.5%	0.45%
LIN	B	1.04%	1.11%	1.04%
LRCX	F	0.45%	0.5%	0.45%
LULU	D	0.15%	0.15%	0.15%
MDLZ	B	0.46%	0.49%	0.46%
META	B	5.32%	3.42%	3.42%
MRVL	C	0.29%	0.32%	0.29%
MSFT	C	14.75%	6.03%	6.03%
MU	F	0.44%	0.5%	0.44%
NXPI	F	0.26%	0.29%	0.26%
ODFL	D	0.18%	0.2%	0.18%
ON	D	0.14%	0.15%	0.14%
PANW	D	0.48%	0.55%	0.48%
PCAR	D	0.22%	0.24%	0.22%
QCOM	D	0.82%	0.92%	0.82%
REGN	C	0.54%	0.61%	0.54%
ROP	C	0.27%	0.29%	0.27%
ROST	C	0.23%	0.25%	0.23%
SNPS	D	0.34%	0.37%	0.34%
TSLA	C	2.9%	2.11%	2.11%
TTWO	C	0.12%	0.13%	0.12%
TXN	C	0.82%	0.91%	0.82%

HLAL Overweight 160 Positions Relative to QLD

Symbol	Grade	Weight
XOM	C	2.35%
PG	C	1.88%
JNJ	C	1.87%
MRK	D	1.37%
KO	C	1.27%
CRM	D	1.15%
CVX	D	1.14%
TMO	B	1.05%
ABT	C	0.95%
NOW	B	0.84%
DHR	B	0.81%
PFE	C	0.77%
UBER	C	0.67%
TJX	B	0.63%
SYK	C	0.6%
COP	D	0.57%
BSX	B	0.56%
PLD	C	0.55%
MDT	C	0.55%
UPS	D	0.44%
NKE	D	0.44%
TT	B	0.37%
WELL	C	0.35%
MMM	B	0.34%
MCK	F	0.31%
BDX	D	0.31%
FDX	C	0.3%
APD	B	0.29%
NEM	B	0.29%
DHI	B	0.27%
MPC	F	0.27%
SLB	F	0.27%
GEV	B	0.27%
EMR	D	0.26%
PSX	F	0.25%
JCI	B	0.22%
LEN	B	0.21%
VLO	F	0.2%
TEL	D	0.2%
CMI	C	0.19%
EW	F	0.19%
GWW	B	0.19%
PWR	B	0.18%
IT	B	0.18%
A	C	0.18%
CTVA	B	0.18%
IR	C	0.17%
RMD	C	0.17%
HES	F	0.17%
DD	B	0.16%
NUE	F	0.16%
DOW	D	0.16%
HPQ	D	0.15%
GLW	C	0.15%
OXY	F	0.15%
TSCO	C	0.14%
PPG	D	0.14%
ROK	D	0.14%
VMC	D	0.14%
ADM	D	0.14%
MLM	D	0.14%
XYL	C	0.14%
VST	C	0.13%
CAH	C	0.13%
PHM	B	0.13%
WAB	B	0.13%
VLTO	C	0.12%
DVN	F	0.12%
CHD	D	0.12%
DOV	B	0.12%
FTV	C	0.12%
IFF	B	0.12%
GRMN	D	0.12%
WY	C	0.11%
STE	C	0.11%
LYB	D	0.11%
NTAP	D	0.11%
ICLR	D	0.11%
FSLR	C	0.11%
TYL	C	0.11%
HAL	F	0.11%
BLDR	C	0.1%
ARE	C	0.1%
HUBB	B	0.1%
ZBH	F	0.1%
WST	D	0.1%
APTV	D	0.09%
HOLX	B	0.09%
OMC	B	0.09%
GPC	D	0.09%
TER	D	0.09%
EL	F	0.09%
PTC	D	0.09%
WDC	D	0.09%
ATO	B	0.09%
MKC	C	0.09%
STLD	F	0.08%
IP	B	0.08%
DGX	B	0.08%
BURL	B	0.08%
ULTA	D	0.08%
PKG	B	0.08%
ALGN	D	0.08%
AKAM	D	0.07%
PODD	B	0.07%
PNR	B	0.07%
CF	C	0.07%
IEX	D	0.07%
MRO	C	0.07%
SWK	B	0.07%
BMRN	F	0.07%
CTRA	D	0.07%
ZBRA	B	0.07%
FLEX	C	0.06%
FFIV	B	0.06%
JNPR	B	0.06%
POOL	C	0.06%
SNA	C	0.06%
JBHT	D	0.06%
REG	C	0.06%
BG	D	0.06%
TRMB	C	0.06%
ROL	C	0.06%
DOX	C	0.05%
NWSA	D	0.05%
TWLO	D	0.05%
TFX	C	0.05%
LKQ	F	0.05%
SW	B	0.05%
OKTA	F	0.05%
TECH	C	0.05%
CHRW	B	0.05%
EXAS	C	0.05%
IPG	C	0.05%
FMC	C	0.04%
SOLV	C	0.04%
SCCO	D	0.04%
GNRC	D	0.04%
PAYC	D	0.04%
MOS	F	0.04%
DAY	D	0.04%
HSIC	C	0.04%
CRL	F	0.04%
ALB	D	0.04%
QRVO	F	0.04%
LEA	F	0.03%
BIO	C	0.03%
RHI	D	0.03%
WBA	F	0.03%
ALV	F	0.03%
LBRDK	F	0.03%
DAL	C	0.03%
BWA	D	0.03%
WLK	D	0.02%
UAL	C	0.02%
LUV	C	0.02%
LEN	B	0.01%
AGR	B	0.01%
NWS	D	0.01%
LBRDA	F	0.0%

HLAL Underweight 51 Positions Relative to QLD

Symbol	Grade	Weight
NVDA	D	-5.51%
AMZN	C	-3.68%
AVGO	C	-3.63%
COST	B	-1.98%
NFLX	B	-1.45%
PEP	C	-1.2%
TMUS	C	-1.15%
INTU	C	-0.89%
AMGN	B	-0.88%
CMCSA	D	-0.75%
HON	D	-0.66%
BKNG	C	-0.64%
VRTX	D	-0.61%
SBUX	C	-0.55%
MELI	B	-0.51%
PYPL	B	-0.36%
ASML	F	-0.36%
PDD	F	-0.32%
MAR	C	-0.32%
CSX	D	-0.32%
ORLY	C	-0.32%
CRWD	D	-0.29%
FTNT	C	-0.29%
WDAY	D	-0.27%
AEP	C	-0.27%
MNST	D	-0.26%
DASH	C	-0.25%
ABNB	D	-0.25%
CPRT	D	-0.24%
PAYX	C	-0.24%
AZN	D	-0.23%
CHTR	D	-0.23%
TTD	B	-0.22%
MCHP	F	-0.21%
KHC	C	-0.21%
CTSH	C	-0.19%
VRSK	D	-0.19%
EXC	C	-0.19%
XEL	B	-0.18%
CCEP	B	-0.18%
DDOG	D	-0.17%
CSGP	D	-0.16%
MRNA	F	-0.15%
CDW	D	-0.14%
SMCI	F	-0.13%
TEAM	D	-0.13%
DXCM	F	-0.13%
ZS	F	-0.12%
MDB	D	-0.11%
ARM	D	-0.08%
WBD	D	-0.08%