HLAL vs. SPTE ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to SP Funds S&P Global Technology ETF (SPTE)

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

SPTE

SP Funds S&P Global Technology ETF

SPTE Description

The S&P Global 1200 Shariah Information Technology Capped Index is designed to measure the performance of global large-cap equity securities within the information technology sector that pass rules-based screens for adherence to Shariah investment guidelines, with a cap applied to ensure diversification among companies in the index. Under normal circumstances, at least 80% of the fund"s total assets will be invested in the component securities of the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$27.55

Average Daily Volume

8,007

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	SPTE
30 Days	2.35%	0.05%
60 Days	1.62%	2.86%
90 Days	3.31%	1.36%
12 Months	20.13%

36 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in SPTE	Overlap
AAPL	C	14.91%	12.12%	12.12%
ADBE	C	0.98%	0.96%	0.96%
ADI	D	0.47%	0.47%	0.47%
ADSK	A	0.3%	0.28%	0.28%
AKAM	D	0.06%	0.06%	0.06%
AMAT	F	0.63%	0.61%	0.61%
AMD	F	0.99%	0.97%	0.97%
ANSS	B	0.13%	0.15%	0.13%
CDNS	B	0.37%	0.36%	0.36%
CRM	B	1.36%	1.36%	1.36%
CSCO	B	1.04%	0.99%	0.99%
FFIV	B	0.06%	0.07%	0.06%
FSLR	F	0.09%	0.09%	0.09%
GLW	B	0.16%	0.16%	0.16%
HPQ	B	0.16%	0.15%	0.15%
IT	C	0.17%	0.18%	0.17%
JNPR	F	0.05%	0.06%	0.05%
KLAC	D	0.37%	0.37%	0.37%
LRCX	F	0.41%	0.41%	0.41%
MSFT	F	13.84%	10.68%	10.68%
MU	D	0.49%	0.47%	0.47%
NOW	A	0.92%	0.89%	0.89%
NTAP	C	0.11%	0.13%	0.11%
NXPI	D	0.25%	0.26%	0.25%
ON	D	0.13%	0.12%	0.12%
PANW	C	0.54%	0.55%	0.54%
PTC	A	0.1%	0.11%	0.1%
QCOM	F	0.77%	0.74%	0.74%
QRVO	F	0.03%	0.04%	0.03%
ROP	B	0.26%	0.26%	0.26%
SNPS	B	0.37%	0.35%	0.35%
TER	D	0.07%	0.06%	0.06%
TRMB	B	0.08%	0.07%	0.07%
TXN	C	0.81%	0.77%	0.77%
TYL	B	0.11%	0.11%	0.11%
ZBRA	B	0.09%	0.06%	0.06%

HLAL Overweight 162 Positions Relative to SPTE

Symbol	Grade	Weight
META	D	5.55%
GOOGL	C	4.63%
TSLA	B	4.25%
GOOG	C	3.91%
XOM	B	2.42%
PG	A	1.81%
JNJ	D	1.65%
CVX	A	1.24%
MRK	F	1.11%
KO	D	1.1%
LIN	D	0.97%
ABT	B	0.9%
TMO	F	0.87%
ISRG	A	0.85%
DHR	F	0.67%
SYK	C	0.63%
PFE	D	0.63%
UBER	D	0.62%
TJX	A	0.61%
BSX	B	0.6%
COP	C	0.6%
ADP	B	0.55%
MDT	D	0.49%
PLD	D	0.48%
INTC	D	0.46%
UPS	C	0.43%
TT	A	0.42%
GEV	B	0.41%
NKE	D	0.4%
MDLZ	F	0.39%
WELL	A	0.37%
MCK	B	0.36%
REGN	F	0.35%
MRVL	B	0.35%
CTAS	B	0.34%
EMR	A	0.33%
APD	A	0.33%
CEG	D	0.33%
MMM	D	0.32%
BDX	F	0.29%
FDX	B	0.29%
SLB	C	0.28%
CARR	D	0.28%
PSX	C	0.25%
JCI	C	0.25%
MPC	D	0.25%
PCAR	B	0.25%
PWR	A	0.22%
DHI	D	0.22%
VRT	B	0.22%
CMI	A	0.22%
NEM	D	0.22%
GWW	B	0.22%
ROST	C	0.21%
FAST	B	0.21%
AXON	A	0.2%
BKR	B	0.2%
EA	A	0.2%
VLO	C	0.2%
KVUE	A	0.2%
HES	B	0.19%
IR	B	0.19%
EW	C	0.19%
ODFL	B	0.19%
LEN	D	0.18%
COR	B	0.18%
CTVA	C	0.18%
LULU	C	0.17%
GEHC	F	0.17%
A	D	0.17%
RMD	C	0.16%
NUE	C	0.16%
MLM	B	0.16%
DELL	C	0.16%
VMC	B	0.16%
DD	D	0.15%
OXY	D	0.15%
KDP	D	0.15%
WAB	B	0.15%
FANG	D	0.15%
IDXX	F	0.15%
EBAY	D	0.14%
GRMN	B	0.14%
ROK	B	0.14%
TTWO	A	0.14%
PPG	F	0.13%
TSCO	D	0.13%
CAH	B	0.13%
XYL	D	0.13%
VLTO	D	0.12%
PHM	D	0.12%
DOW	F	0.12%
FTV	C	0.12%
CHD	B	0.12%
DOV	A	0.12%
HAL	C	0.12%
HUBB	B	0.11%
DVN	F	0.11%
ADM	D	0.11%
STLD	B	0.1%
LYB	F	0.1%
PKG	A	0.1%
ATO	A	0.1%
ZBH	C	0.1%
WY	D	0.1%
WST	C	0.1%
BIIB	F	0.1%
IFF	D	0.1%
OMC	C	0.09%
MKC	D	0.09%
LH	C	0.09%
STE	F	0.09%
WDC	D	0.09%
ILMN	D	0.09%
BLDR	D	0.09%
ALGN	D	0.08%
EXPD	D	0.08%
GPC	D	0.08%
IEX	B	0.08%
BURL	A	0.08%
PNR	A	0.08%
HOLX	D	0.08%
DGX	A	0.08%
ARE	D	0.08%
SNA	A	0.08%
PODD	C	0.08%
JBHT	C	0.07%
EL	F	0.07%
FLEX	A	0.07%
MRO	B	0.07%
ULTA	F	0.07%
CF	B	0.07%
IP	B	0.07%
ICLR	D	0.07%
BG	F	0.06%
DLTR	F	0.06%
SMCI	F	0.06%
ALB	C	0.06%
SWK	D	0.06%
POOL	C	0.06%
REG	B	0.06%
RVTY	F	0.06%
ROL	B	0.06%
APTV	D	0.06%
DAL	C	0.05%
TECH	D	0.05%
IPG	D	0.05%
NWSA	B	0.05%
OKTA	C	0.05%
BMRN	D	0.05%
TFX	F	0.04%
SCCO	F	0.04%
CRL	C	0.04%
LKQ	D	0.04%
WBA	F	0.03%
UAL	A	0.03%
NWS	B	0.02%
GFS	C	0.02%
WLK	D	0.02%
LUV	C	0.02%
AGR	B	0.01%
LEN	D	0.0%

HLAL Underweight 30 Positions Relative to SPTE

Symbol	Grade	Weight
TSM	B	-15.53%
NVDA	C	-10.83%
SAP	B	-4.82%
AVGO	D	-3.13%
SHOP	B	-2.38%
UMC	F	-1.41%
ORCL	B	-1.26%
ACN	C	-0.96%
ERIC	B	-0.49%
NOK	D	-0.44%
ANET	C	-0.42%
APH	A	-0.37%
MSI	B	-0.36%
CRWD	B	-0.36%
XRX	F	-0.27%
FTNT	C	-0.26%
FICO	B	-0.23%
LOGI	D	-0.22%
CTSH	B	-0.18%
MCHP	D	-0.16%
GDDY	A	-0.12%
KEYS	A	-0.12%
MPWR	F	-0.11%
CDW	F	-0.1%
TDY	B	-0.09%
JBL	B	-0.07%
VRSN	F	-0.07%
EPAM	C	-0.07%
SWKS	F	-0.06%
ENPH	F	-0.03%