HLAL vs. QWLD ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to SPDR MSCI World Quality Mix ETF (QWLD)

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

$52.60

Average Daily Volume

60,755

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.44

Average Daily Volume

3,453

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	QWLD
30 Days	2.35%	0.82%
60 Days	1.62%	0.23%
90 Days	3.31%	0.87%
12 Months	20.13%	22.65%

191 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in QWLD	Overlap
A	D	0.17%	0.06%	0.06%
AAPL	C	14.91%	2.57%	2.57%
ABT	B	0.9%	0.09%	0.09%
ADBE	C	0.98%	0.42%	0.42%
ADI	D	0.47%	0.04%	0.04%
ADM	D	0.11%	0.05%	0.05%
ADP	B	0.55%	0.26%	0.26%
ADSK	A	0.3%	0.1%	0.1%
AKAM	D	0.06%	0.11%	0.06%
ALB	C	0.06%	0.01%	0.01%
ALGN	D	0.08%	0.0%	0.0%
AMAT	F	0.63%	0.29%	0.29%
AMD	F	0.99%	0.03%	0.03%
ANSS	B	0.13%	0.0%	0.0%
APD	A	0.33%	0.03%	0.03%
APTV	D	0.06%	0.01%	0.01%
ARE	D	0.08%	0.01%	0.01%
ATO	A	0.1%	0.01%	0.01%
AXON	A	0.2%	0.0%	0.0%
BDX	F	0.29%	0.07%	0.07%
BG	F	0.06%	0.03%	0.03%
BIIB	F	0.1%	0.01%	0.01%
BKR	B	0.2%	0.02%	0.02%
BLDR	D	0.09%	0.05%	0.05%
BMRN	D	0.05%	0.07%	0.05%
BSX	B	0.6%	0.02%	0.02%
BURL	A	0.08%	0.01%	0.01%
CAH	B	0.13%	0.13%	0.13%
CARR	D	0.28%	0.02%	0.02%
CDNS	B	0.37%	0.13%	0.13%
CEG	D	0.33%	0.02%	0.02%
CF	B	0.07%	0.13%	0.07%
CHD	B	0.12%	0.19%	0.12%
CMI	A	0.22%	0.1%	0.1%
COP	C	0.6%	0.1%	0.1%
COR	B	0.18%	0.41%	0.18%
CRL	C	0.04%	0.0%	0.0%
CRM	B	1.36%	0.06%	0.06%
CSCO	B	1.04%	1.03%	1.03%
CTAS	B	0.34%	0.14%	0.14%
CTVA	C	0.18%	0.04%	0.04%
CVX	A	1.24%	0.33%	0.33%
DAL	C	0.05%	0.01%	0.01%
DD	D	0.15%	0.02%	0.02%
DELL	C	0.16%	0.01%	0.01%
DGX	A	0.08%	0.11%	0.08%
DHI	D	0.22%	0.1%	0.1%
DHR	F	0.67%	0.05%	0.05%
DLTR	F	0.06%	0.01%	0.01%
DOV	A	0.12%	0.05%	0.05%
DOW	F	0.12%	0.03%	0.03%
DVN	F	0.11%	0.03%	0.03%
EA	A	0.2%	0.2%	0.2%
EBAY	D	0.14%	0.01%	0.01%
EL	F	0.07%	0.01%	0.01%
EMR	A	0.33%	0.03%	0.03%
EW	C	0.19%	0.07%	0.07%
EXPD	D	0.08%	0.04%	0.04%
FANG	D	0.15%	0.09%	0.09%
FAST	B	0.21%	0.09%	0.09%
FDX	B	0.29%	0.07%	0.07%
FFIV	B	0.06%	0.16%	0.06%
FSLR	F	0.09%	0.01%	0.01%
FTV	C	0.12%	0.01%	0.01%
GEHC	F	0.17%	0.02%	0.02%
GEV	B	0.41%	0.02%	0.02%
GLW	B	0.16%	0.02%	0.02%
GOOG	C	3.91%	0.94%	0.94%
GOOGL	C	4.63%	1.07%	1.07%
GPC	D	0.08%	0.05%	0.05%
GRMN	B	0.14%	0.05%	0.05%
GWW	B	0.22%	0.11%	0.11%
HAL	C	0.12%	0.02%	0.02%
HES	B	0.19%	0.01%	0.01%
HOLX	D	0.08%	0.01%	0.01%
HPQ	B	0.16%	0.04%	0.04%
HUBB	B	0.11%	0.04%	0.04%
IDXX	F	0.15%	0.07%	0.07%
IEX	B	0.08%	0.03%	0.03%
IFF	D	0.1%	0.01%	0.01%
ILMN	D	0.09%	0.0%	0.0%
INTC	D	0.46%	0.1%	0.1%
IP	B	0.07%	0.02%	0.02%
IPG	D	0.05%	0.02%	0.02%
IR	B	0.19%	0.01%	0.01%
ISRG	A	0.85%	0.25%	0.25%
IT	C	0.17%	0.03%	0.03%
JBHT	C	0.07%	0.03%	0.03%
JCI	C	0.25%	0.03%	0.03%
JNJ	D	1.65%	1.1%	1.1%
JNPR	F	0.05%	0.12%	0.05%
KDP	D	0.15%	0.14%	0.14%
KLAC	D	0.37%	0.14%	0.14%
KO	D	1.1%	0.56%	0.56%
KVUE	A	0.2%	0.08%	0.08%
LEN	D	0.0%	0.09%	0.0%
LEN	D	0.18%	0.09%	0.09%
LH	C	0.09%	0.02%	0.02%
LIN	D	0.97%	0.06%	0.06%
LKQ	D	0.04%	0.01%	0.01%
LRCX	F	0.41%	0.18%	0.18%
LULU	C	0.17%	0.07%	0.07%
LUV	C	0.02%	0.0%	0.0%
LYB	F	0.1%	0.03%	0.03%
MCK	B	0.36%	0.58%	0.36%
MDLZ	F	0.39%	0.14%	0.14%
MDT	D	0.49%	0.06%	0.06%
META	D	5.55%	2.11%	2.11%
MKC	D	0.09%	0.01%	0.01%
MLM	B	0.16%	0.01%	0.01%
MMM	D	0.32%	0.14%	0.14%
MPC	D	0.25%	0.17%	0.17%
MRK	F	1.11%	0.42%	0.42%
MRO	B	0.07%	0.02%	0.02%
MRVL	B	0.35%	0.01%	0.01%
MSFT	F	13.84%	2.3%	2.3%
MU	D	0.49%	0.04%	0.04%
NEM	D	0.22%	0.04%	0.04%
NKE	D	0.4%	0.17%	0.17%
NOW	A	0.92%	0.01%	0.01%
NTAP	C	0.11%	0.04%	0.04%
NUE	C	0.16%	0.04%	0.04%
NWSA	B	0.05%	0.01%	0.01%
NXPI	D	0.25%	0.02%	0.02%
ODFL	B	0.19%	0.08%	0.08%
OKTA	C	0.05%	0.0%	0.0%
OMC	C	0.09%	0.04%	0.04%
ON	D	0.13%	0.01%	0.01%
OXY	D	0.15%	0.03%	0.03%
PANW	C	0.54%	0.18%	0.18%
PCAR	B	0.25%	0.11%	0.11%
PFE	D	0.63%	0.18%	0.18%
PG	A	1.81%	0.95%	0.95%
PHM	D	0.12%	0.06%	0.06%
PKG	A	0.1%	0.04%	0.04%
PLD	D	0.48%	0.04%	0.04%
PNR	A	0.08%	0.03%	0.03%
PODD	C	0.08%	0.0%	0.0%
POOL	C	0.06%	0.03%	0.03%
PPG	F	0.13%	0.01%	0.01%
PSX	C	0.25%	0.14%	0.14%
PTC	A	0.1%	0.08%	0.08%
PWR	A	0.22%	0.01%	0.01%
QCOM	F	0.77%	0.32%	0.32%
QRVO	F	0.03%	0.0%	0.0%
REG	B	0.06%	0.01%	0.01%
REGN	F	0.35%	0.31%	0.31%
RMD	C	0.16%	0.05%	0.05%
ROK	B	0.14%	0.06%	0.06%
ROL	B	0.06%	0.08%	0.06%
ROP	B	0.26%	0.48%	0.26%
ROST	C	0.21%	0.02%	0.02%
RVTY	F	0.06%	0.01%	0.01%
SLB	C	0.28%	0.03%	0.03%
SMCI	F	0.06%	0.01%	0.01%
SNA	A	0.08%	0.04%	0.04%
SNPS	B	0.37%	0.12%	0.12%
STE	F	0.09%	0.01%	0.01%
STLD	B	0.1%	0.02%	0.02%
SWK	D	0.06%	0.01%	0.01%
SYK	C	0.63%	0.03%	0.03%
TECH	D	0.05%	0.0%	0.0%
TER	D	0.07%	0.02%	0.02%
TFX	F	0.04%	0.0%	0.0%
TJX	A	0.61%	0.35%	0.35%
TMO	F	0.87%	0.06%	0.06%
TRMB	B	0.08%	0.01%	0.01%
TSCO	D	0.13%	0.06%	0.06%
TSLA	B	4.25%	0.16%	0.16%
TT	A	0.42%	0.15%	0.15%
TTWO	A	0.14%	0.01%	0.01%
TXN	C	0.81%	0.48%	0.48%
TYL	B	0.11%	0.0%	0.0%
UBER	D	0.62%	0.01%	0.01%
ULTA	F	0.07%	0.06%	0.06%
UPS	C	0.43%	0.07%	0.07%
VLO	C	0.2%	0.08%	0.08%
VLTO	D	0.12%	0.05%	0.05%
VMC	B	0.16%	0.01%	0.01%
VRT	B	0.22%	0.0%	0.0%
WAB	B	0.15%	0.01%	0.01%
WBA	F	0.03%	0.04%	0.03%
WDC	D	0.09%	0.01%	0.01%
WELL	A	0.37%	0.02%	0.02%
WLK	D	0.02%	0.0%	0.0%
WST	C	0.1%	0.04%	0.04%
WY	D	0.1%	0.02%	0.02%
XOM	B	2.42%	0.47%	0.47%
XYL	D	0.13%	0.01%	0.01%
ZBH	C	0.1%	0.01%	0.01%
ZBRA	B	0.09%	0.01%	0.01%

HLAL Overweight 7 Positions Relative to QWLD

Symbol	Grade	Weight
FLEX	A	0.07%
ICLR	D	0.07%
SCCO	F	0.04%
UAL	A	0.03%
NWS	B	0.02%
GFS	C	0.02%
AGR	B	0.01%

HLAL Underweight 420 Positions Relative to QWLD

Symbol	Grade	Weight
NVDA	C	-2.53%
UNH	C	-1.35%
V	A	-1.21%
LLY	F	-1.14%
NVS	D	-0.79%
PEP	F	-0.77%
TMUS	B	-0.76%
COST	B	-0.76%
WMT	A	-0.76%
BRK.A	B	-0.73%
MA	C	-0.71%
MSI	B	-0.65%
ACN	C	-0.65%
JPM	A	-0.6%
VZ	C	-0.58%
NFLX	A	-0.54%
WM	A	-0.52%
MMC	B	-0.51%
RSG	A	-0.46%
SO	D	-0.46%
IBM	C	-0.46%
VRTX	F	-0.43%
APH	A	-0.43%
MCD	D	-0.42%
LMT	D	-0.42%
CB	C	-0.4%
T	A	-0.39%
BAC	A	-0.39%
AMZN	C	-0.37%
DUK	C	-0.36%
CAT	B	-0.36%
PGR	A	-0.35%
ED	D	-0.35%
ABBV	D	-0.34%
GIS	D	-0.33%
NOC	D	-0.32%
KR	B	-0.31%
GE	D	-0.31%
TRV	B	-0.3%
WFC	A	-0.28%
AZO	C	-0.28%
INTU	C	-0.27%
UL	D	-0.27%
WCN	A	-0.27%
ACGL	D	-0.26%
UNP	C	-0.26%
HON	B	-0.26%
HSBH	B	-0.25%
GDDY	A	-0.25%
C	A	-0.25%
BLK	C	-0.25%
ORCL	B	-0.25%
ORLY	B	-0.24%
CBOE	B	-0.24%
MFG	B	-0.24%
GILD	C	-0.24%
K	A	-0.23%
ELV	F	-0.21%
BMY	B	-0.21%
KHC	F	-0.2%
CL	D	-0.2%
WEC	A	-0.2%
CTSH	B	-0.2%
GM	B	-0.19%
AJG	B	-0.19%
ANET	C	-0.19%
WMB	A	-0.19%
GD	F	-0.18%
CI	F	-0.18%
KEYS	A	-0.17%
CMCSA	B	-0.17%
AON	A	-0.17%
L	A	-0.17%
CHKP	D	-0.17%
GS	A	-0.17%
ABBV	D	-0.16%
HSY	F	-0.16%
CVS	D	-0.16%
CME	A	-0.16%
AMGN	D	-0.16%
TM	D	-0.15%
TSN	B	-0.15%
TGT	F	-0.15%
YUM	B	-0.15%
UTHR	C	-0.15%
BAH	F	-0.15%
INCY	C	-0.15%
HD	A	-0.15%
ZTS	D	-0.15%
HUM	C	-0.15%
CMG	B	-0.14%
VRSN	F	-0.14%
BRO	B	-0.14%
SHW	A	-0.14%
MUFG	B	-0.14%
WRB	A	-0.14%
MKL	A	-0.13%
MCO	B	-0.13%
ITW	B	-0.13%
ERIE	D	-0.12%
MS	A	-0.12%
GEN	B	-0.12%
AFL	B	-0.12%
TD	F	-0.12%
E	F	-0.12%
NBIX	C	-0.11%
KMB	D	-0.11%
AVGO	D	-0.11%
CSX	B	-0.11%
BCS	C	-0.11%
FCNCA	A	-0.11%
DEO	F	-0.11%
PNC	B	-0.1%
DIS	B	-0.1%
COF	B	-0.1%
CNI	D	-0.1%
PAYX	C	-0.1%
SMFG	B	-0.1%
XEL	A	-0.09%
FI	A	-0.09%
PSA	D	-0.09%
CPB	D	-0.09%
LYG	F	-0.09%
TFC	A	-0.09%
RTX	C	-0.09%
AEE	A	-0.09%
HRL	D	-0.09%
USB	A	-0.09%
AMP	A	-0.09%
F	C	-0.09%
ALL	A	-0.08%
AMCR	D	-0.08%
CPRT	A	-0.08%
AIZ	A	-0.08%
SONY	B	-0.08%
STLA	F	-0.08%
JKHY	D	-0.07%
WBD	C	-0.07%
MNST	C	-0.07%
HMC	F	-0.07%
AIG	B	-0.07%
AEP	D	-0.07%
SJM	D	-0.07%
PM	B	-0.07%
CDW	F	-0.07%
WTW	B	-0.07%
LOW	D	-0.07%
NEE	D	-0.06%
TPL	A	-0.06%
MCHP	D	-0.06%
LNG	B	-0.06%
BBY	D	-0.06%
TDY	B	-0.06%
EOG	A	-0.06%
EG	C	-0.06%
D	C	-0.06%
MOH	F	-0.06%
LOGI	D	-0.06%
DPZ	C	-0.06%
AXP	A	-0.06%
DE	A	-0.06%
NVR	D	-0.06%
VEEV	C	-0.05%
LPLA	A	-0.05%
MTB	A	-0.05%
BTI	B	-0.05%
CNC	D	-0.05%
PRU	A	-0.05%
DINO	D	-0.05%
FICO	B	-0.05%
MT	B	-0.05%
CMS	C	-0.05%
MET	A	-0.05%
DECK	A	-0.05%
BK	A	-0.05%
TROW	B	-0.05%
CHTR	C	-0.05%
HCA	F	-0.04%
SPGI	C	-0.04%
SRE	A	-0.04%
HPE	B	-0.04%
SBUX	A	-0.04%
MANH	D	-0.04%
SYF	B	-0.04%
KMI	A	-0.04%
CFG	B	-0.04%
WAT	B	-0.04%
CAG	D	-0.04%
MO	A	-0.04%
MPWR	F	-0.04%
SCHW	B	-0.04%
BR	A	-0.04%
WDAY	B	-0.04%
TRGP	B	-0.04%
DFS	B	-0.04%
PYPL	B	-0.04%
EME	C	-0.04%
EIX	B	-0.03%
AVY	D	-0.03%
SWKS	F	-0.03%
GGG	B	-0.03%
SYY	B	-0.03%
ETR	B	-0.03%
BX	A	-0.03%
FDS	B	-0.03%
SW	A	-0.03%
NSC	B	-0.03%
CBRE	B	-0.03%
LNT	A	-0.03%
BKNG	A	-0.03%
ICE	C	-0.03%
HIG	B	-0.03%
SOLV	C	-0.03%
VTRS	A	-0.03%
ETN	A	-0.03%
OKE	A	-0.03%
CSL	C	-0.03%
HBAN	A	-0.03%
WSO	A	-0.03%
EXC	C	-0.03%
OC	A	-0.03%
PCG	A	-0.03%
STT	A	-0.03%
RF	A	-0.03%
DRI	B	-0.03%
FITB	A	-0.03%
WSM	B	-0.03%
ALLY	C	-0.02%
EQIX	A	-0.02%
KMX	B	-0.02%
TTC	D	-0.02%
MKTX	D	-0.02%
NRG	B	-0.02%
ACI	C	-0.02%
EQT	B	-0.02%
SQ	B	-0.02%
AOS	F	-0.02%
APO	B	-0.02%
RS	B	-0.02%
SEIC	B	-0.02%
JBL	B	-0.02%
NMR	B	-0.02%
NTRS	A	-0.02%
DTE	C	-0.02%
OVV	B	-0.02%
SPG	B	-0.02%
AER	B	-0.02%
CINF	A	-0.02%
MOS	F	-0.02%
FIS	C	-0.02%
RJF	A	-0.02%
AFG	A	-0.02%
PFG	D	-0.02%
CTRA	B	-0.02%
DLR	B	-0.02%
PAYC	B	-0.02%
VICI	C	-0.02%
PH	A	-0.02%
NDSN	B	-0.02%
GPN	B	-0.02%
URI	B	-0.02%
AMT	D	-0.02%
PEG	A	-0.02%
O	D	-0.02%
DKS	C	-0.02%
EPAM	C	-0.02%
KKR	A	-0.02%
ALLE	D	-0.02%
FCX	D	-0.02%
KEY	B	-0.02%
LHX	C	-0.02%
APA	D	-0.02%
DASH	A	-0.01%
CPT	B	-0.01%
WTRG	B	-0.01%
CTLT	B	-0.01%
MGM	D	-0.01%
VRSK	A	-0.01%
RPRX	D	-0.01%
SBAC	D	-0.01%
MBAVU	D	-0.01%
RCL	A	-0.01%
HST	C	-0.01%
GLPI	C	-0.01%
DVA	B	-0.01%
RPM	A	-0.01%
HII	D	-0.01%
TRU	D	-0.01%
FOX	A	-0.01%
AVTR	F	-0.01%
SUI	D	-0.01%
CLX	B	-0.01%
IRM	D	-0.01%
CCL	B	-0.01%
MAS	D	-0.01%
WPC	D	-0.01%
STX	D	-0.01%
CE	F	-0.01%
INVH	D	-0.01%
EFX	F	-0.01%
TWLO	A	-0.01%
HLT	A	-0.01%
HSIC	B	-0.01%
ESS	B	-0.01%
BEN	C	-0.01%
CG	A	-0.01%
FTNT	C	-0.01%
COIN	C	-0.01%
DOC	D	-0.01%
MRNA	F	-0.01%
AES	F	-0.01%
CCEP	C	-0.01%
ACM	A	-0.01%
HWM	A	-0.01%
BXP	D	-0.01%
MAA	B	-0.01%
ZM	B	-0.01%
CHRD	D	-0.01%
CCK	C	-0.01%
AGCO	D	-0.01%
STZ	D	-0.01%
TDG	D	-0.01%
BALL	D	-0.01%
SSNC	B	-0.01%
AWK	D	-0.01%
CPAY	A	-0.01%
WFG	D	-0.01%
ABNB	C	-0.01%
SE	B	-0.01%
EMN	D	-0.01%
KNX	B	-0.01%
LDOS	C	-0.01%
VTR	C	-0.01%
TXT	D	-0.01%
NDAQ	A	-0.01%
OTIS	C	-0.01%
BSY	D	-0.01%
NI	A	-0.01%
KIM	A	-0.01%
EXPE	B	-0.01%
EQR	B	-0.01%
EQH	B	-0.01%
UHS	D	-0.01%
IQV	D	-0.01%
J	F	-0.01%
FNF	B	-0.01%
AVB	B	-0.01%
MAR	B	-0.01%
CNP	B	-0.01%
CRBG	B	-0.01%
EVRG	A	-0.01%
VST	B	-0.01%
CHRW	C	-0.01%
DG	F	-0.01%
AME	A	-0.01%
FOXA	B	-0.01%
BAX	D	-0.01%
MELI	D	-0.01%
TAP	C	-0.01%
BA	F	-0.01%
FE	C	-0.01%
EXR	D	-0.01%
ECL	D	-0.01%
CCI	D	-0.01%
ES	D	-0.01%
PPL	B	-0.01%
CNH	C	-0.01%
PARA	C	-0.01%
ENPH	F	-0.01%
GLBE	B	-0.0%
IOT	A	-0.0%
NET	B	-0.0%
RBLX	C	-0.0%
XRX	F	-0.0%
DDOG	A	-0.0%
DKNG	B	-0.0%
TOST	B	-0.0%
SNAP	C	-0.0%
H	B	-0.0%
PSTG	D	-0.0%
FUTU	D	-0.0%
HEI	B	-0.0%
PINS	D	-0.0%
DT	C	-0.0%
DAY	B	-0.0%
SNOW	C	-0.0%
DOCU	A	-0.0%
EXAS	D	-0.0%
GRAB	B	-0.0%
ROKU	D	-0.0%
WYNN	D	-0.0%
DXCM	D	-0.0%
CRWD	B	-0.0%
MSTR	C	-0.0%
LII	A	-0.0%
TTD	B	-0.0%
ELS	C	-0.0%
HOOD	B	-0.0%
ENTG	D	-0.0%
TW	A	-0.0%
HEI	B	-0.0%
RIVN	F	-0.0%
Z	A	-0.0%
MTCH	D	-0.0%
LYV	A	-0.0%
QGEN	D	-0.0%
LW	C	-0.0%
APP	B	-0.0%
BBWI	D	-0.0%
MSCI	C	-0.0%
CSGP	D	-0.0%
LVS	C	-0.0%
BIO	D	-0.0%
UDR	B	-0.0%
OTEX	D	-0.0%
AMH	D	-0.0%
PLTR	B	-0.0%
UHAL	D	-0.0%
ARES	A	-0.0%
FBIN	D	-0.0%