HLAL vs. SPYV ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to SPDR S&P 500 Value ETF (based on S&P 500 Value Index) (SPYV)

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

SPYV

SPDR S&P 500 Value ETF (based on S&P 500 Value Index)

SPYV Description

The investment seeks to provide investment results that, before fees and expenses, correspond to the total return performance of an index that tracks the performance of large capitalization exchange traded U.S. equity securities exhibiting "value" characteristics. The fund employs a replication strategy in seeking to track the performance of the S&P 500 Value Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index measures the performance of the large-capitalization value sector in the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$52.69

Average Daily Volume

3,365,531

Number of Holdings ^*

431

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	SPYV
30 Days	2.12%	3.09%
60 Days	2.04%	4.98%
90 Days	3.07%	7.70%
12 Months	23.14%	25.84%

161 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in SPYV	Overlap
A	C	0.19%	0.19%	0.19%
ABT	C	0.98%	0.99%	0.98%
ADI	C	0.5%	0.22%	0.22%
ADM	D	0.14%	0.14%	0.14%
ADP	B	0.54%	0.34%	0.34%
ADSK	C	0.26%	0.13%	0.13%
AKAM	D	0.07%	0.04%	0.04%
ALB	D	0.04%	0.05%	0.04%
ALGN	D	0.08%	0.04%	0.04%
ANSS	D	0.12%	0.06%	0.06%
APD	B	0.28%	0.3%	0.28%
APTV	D	0.09%	0.09%	0.09%
ARE	C	0.09%	0.09%	0.09%
ATO	B	0.09%	0.1%	0.09%
BDX	D	0.33%	0.33%	0.33%
BG	D	0.07%	0.07%	0.07%
BIIB	F	0.14%	0.14%	0.14%
BIO	C	0.03%	0.03%	0.03%
BKR	C	0.16%	0.16%	0.16%
BSX	B	0.57%	0.27%	0.27%
BWA	D	0.04%	0.04%	0.04%
CAH	C	0.13%	0.13%	0.13%
CEG	C	0.26%	0.16%	0.16%
CF	C	0.07%	0.03%	0.03%
CHD	D	0.12%	0.07%	0.07%
CHRW	B	0.05%	0.06%	0.05%
CMI	C	0.19%	0.2%	0.19%
COP	D	0.6%	0.18%	0.18%
CRL	F	0.04%	0.05%	0.04%
CSCO	C	0.95%	0.98%	0.95%
CTAS	B	0.32%	0.16%	0.16%
CTRA	D	0.08%	0.03%	0.03%
CTVA	B	0.19%	0.19%	0.19%
CVX	D	1.17%	1.16%	1.16%
DAL	C	0.03%	0.06%	0.03%
DAY	D	0.04%	0.02%	0.02%
DD	B	0.16%	0.16%	0.16%
DGX	B	0.08%	0.08%	0.08%
DHR	B	0.83%	0.87%	0.83%
DLTR	F	0.06%	0.07%	0.06%
DOV	B	0.12%	0.12%	0.12%
DOW	D	0.17%	0.17%	0.17%
DVN	F	0.12%	0.12%	0.12%
EA	D	0.18%	0.1%	0.1%
EL	F	0.09%	0.1%	0.09%
EMR	D	0.27%	0.28%	0.27%
EW	F	0.19%	0.13%	0.13%
FAST	C	0.18%	0.1%	0.1%
FDX	C	0.31%	0.31%	0.31%
FFIV	B	0.05%	0.06%	0.05%
FMC	C	0.04%	0.04%	0.04%
FSLR	C	0.1%	0.12%	0.1%
GEHC	C	0.17%	0.18%	0.17%
GEV	B	0.25%	0.16%	0.16%
GILD	B	0.51%	0.5%	0.5%
GLW	C	0.15%	0.16%	0.15%
GNRC	D	0.04%	0.02%	0.02%
GPC	D	0.09%	0.09%	0.09%
GRMN	D	0.13%	0.06%	0.06%
GWW	B	0.2%	0.05%	0.05%
HAL	F	0.12%	0.12%	0.12%
HOLX	B	0.09%	0.09%	0.09%
HPQ	D	0.16%	0.14%	0.14%
HSIC	C	0.04%	0.04%	0.04%
HUBB	B	0.09%	0.06%	0.06%
IDXX	C	0.18%	0.09%	0.09%
IEX	D	0.07%	0.07%	0.07%
IFF	B	0.12%	0.13%	0.12%
INTC	F	0.38%	0.4%	0.38%
IP	B	0.08%	0.08%	0.08%
IPG	C	0.05%	0.06%	0.05%
IR	C	0.16%	0.04%	0.04%
ISRG	B	0.77%	0.29%	0.29%
JBHT	D	0.06%	0.07%	0.06%
JCI	B	0.22%	0.23%	0.22%
JNJ	C	1.93%	1.93%	1.93%
JNPR	B	0.06%	0.06%	0.06%
KDP	B	0.19%	0.19%	0.19%
KO	C	1.31%	0.82%	0.82%
LEN	B	0.21%	0.1%	0.1%
LEN	B	0.01%	0.1%	0.01%
LIN	B	1.06%	0.52%	0.52%
LKQ	F	0.05%	0.05%	0.05%
LUV	C	0.02%	0.08%	0.02%
LYB	D	0.11%	0.12%	0.11%
MCK	F	0.31%	0.32%	0.31%
MDLZ	B	0.48%	0.28%	0.28%
MDT	C	0.57%	0.58%	0.57%
MKC	C	0.1%	0.1%	0.1%
MLM	D	0.14%	0.05%	0.05%
MMM	B	0.34%	0.36%	0.34%
MOS	F	0.04%	0.04%	0.04%
MPC	F	0.27%	0.12%	0.12%
MRK	D	1.4%	0.85%	0.85%
MRO	C	0.07%	0.03%	0.03%
MU	F	0.42%	0.47%	0.42%
NEM	B	0.28%	0.3%	0.28%
NKE	D	0.46%	0.26%	0.26%
NTAP	D	0.11%	0.07%	0.07%
NUE	F	0.16%	0.06%	0.06%
NWS	D	0.01%	0.01%	0.01%
NWSA	D	0.05%	0.05%	0.05%
NXPI	F	0.27%	0.07%	0.07%
OMC	B	0.09%	0.09%	0.09%
ON	D	0.13%	0.08%	0.08%
OXY	F	0.16%	0.17%	0.16%
PAYC	D	0.04%	0.02%	0.02%
PCAR	D	0.23%	0.07%	0.07%
PFE	C	0.8%	0.8%	0.8%
PG	C	1.96%	1.21%	1.21%
PKG	B	0.08%	0.09%	0.08%
PLD	C	0.56%	0.59%	0.56%
PNR	B	0.07%	0.02%	0.02%
PODD	B	0.07%	0.05%	0.05%
POOL	C	0.06%	0.03%	0.03%
PPG	D	0.14%	0.14%	0.14%
PSX	F	0.26%	0.26%	0.26%
PTC	D	0.09%	0.04%	0.04%
PWR	B	0.17%	0.06%	0.06%
QCOM	D	0.81%	0.43%	0.43%
QRVO	F	0.04%	0.05%	0.04%
REG	C	0.06%	0.06%	0.06%
REGN	C	0.55%	0.24%	0.24%
RMD	C	0.17%	0.18%	0.17%
ROK	D	0.14%	0.07%	0.07%
ROL	C	0.07%	0.04%	0.04%
ROP	C	0.28%	0.16%	0.16%
SLB	F	0.28%	0.28%	0.28%
SNA	C	0.06%	0.04%	0.04%
SOLV	C	0.04%	0.05%	0.04%
STE	C	0.11%	0.05%	0.05%
STLD	F	0.08%	0.03%	0.03%
SW	B	0.05%	0.11%	0.05%
SWK	B	0.07%	0.07%	0.07%
SYK	C	0.61%	0.22%	0.22%
TECH	C	0.05%	0.06%	0.05%
TEL	D	0.21%	0.13%	0.13%
TER	D	0.09%	0.1%	0.09%
TFX	C	0.05%	0.06%	0.05%
TJX	B	0.63%	0.23%	0.23%
TMO	B	1.09%	0.71%	0.71%
TRMB	C	0.06%	0.07%	0.06%
TSCO	C	0.13%	0.08%	0.08%
TT	B	0.36%	0.12%	0.12%
TTWO	C	0.12%	0.06%	0.06%
TXN	C	0.85%	0.55%	0.55%
UAL	C	0.02%	0.08%	0.02%
ULTA	D	0.08%	0.03%	0.03%
UPS	D	0.45%	0.46%	0.45%
VLO	F	0.21%	0.21%	0.21%
VLTO	C	0.12%	0.12%	0.12%
VMC	D	0.14%	0.05%	0.05%
WAB	B	0.13%	0.14%	0.13%
WBA	F	0.03%	0.03%	0.03%
WDC	D	0.09%	0.1%	0.09%
WELL	C	0.35%	0.37%	0.35%
WY	C	0.1%	0.11%	0.1%
XOM	C	2.49%	2.43%	2.43%
XYL	C	0.14%	0.15%	0.14%
ZBH	F	0.1%	0.1%	0.1%
ZBRA	B	0.07%	0.08%	0.07%

HLAL Overweight 49 Positions Relative to SPYV

Symbol	Grade	Weight
AAPL	C	14.99%
MSFT	C	14.26%
META	B	5.25%
GOOGL	D	4.16%
GOOG	D	3.51%
TSLA	C	2.79%
ADBE	F	1.21%
CRM	D	1.14%
AMD	D	1.1%
NOW	B	0.84%
AMAT	D	0.68%
UBER	C	0.66%
PANW	D	0.49%
LRCX	F	0.44%
KLAC	D	0.43%
SNPS	D	0.33%
CDNS	D	0.32%
MRVL	C	0.28%
DHI	B	0.26%
ROST	C	0.23%
ODFL	D	0.18%
HES	F	0.17%
IT	B	0.17%
FANG	D	0.15%
LULU	D	0.14%
PHM	B	0.13%
TYL	C	0.12%
FTV	C	0.12%
WST	D	0.11%
ICLR	D	0.11%
VST	C	0.11%
BLDR	C	0.09%
ILMN	C	0.09%
BURL	B	0.08%
BMRN	F	0.07%
FLEX	C	0.06%
DOX	C	0.05%
TWLO	D	0.05%
EXAS	C	0.05%
OKTA	F	0.05%
SCCO	D	0.04%
RHI	D	0.03%
LEA	F	0.03%
LBRDK	F	0.03%
ALV	F	0.03%
WLK	D	0.02%
AGR	B	0.01%
GFS	F	0.01%
LBRDA	F	0.0%

HLAL Underweight 271 Positions Relative to SPYV

Symbol	Grade	Weight
BRK.A	C	-3.97%
JPM	D	-2.88%
WMT	C	-1.65%
UNH	C	-1.63%
BAC	D	-1.28%
HD	B	-1.14%
COST	B	-1.14%
ABBV	C	-1.05%
IBM	B	-0.95%
VZ	B	-0.9%
WFC	D	-0.87%
AMGN	B	-0.86%
NEE	C	-0.83%
DIS	D	-0.79%
RTX	C	-0.78%
PEP	C	-0.76%
CMCSA	D	-0.75%
T	C	-0.75%
V	C	-0.74%
GS	C	-0.74%
LOW	B	-0.7%
HON	D	-0.65%
ELV	C	-0.62%
BLK	B	-0.6%
MS	D	-0.59%
LMT	C	-0.59%
PM	C	-0.59%
CB	B	-0.57%
MCD	B	-0.57%
MA	B	-0.55%
C	C	-0.53%
TMUS	C	-0.51%
GE	B	-0.51%
CI	C	-0.5%
ACN	C	-0.49%
BMY	C	-0.48%
SO	B	-0.47%
SCHW	D	-0.45%
ICE	C	-0.45%
SPGI	B	-0.45%
MO	C	-0.44%
DUK	C	-0.43%
UNP	C	-0.41%
PYPL	B	-0.36%
CVS	D	-0.35%
NOC	B	-0.35%
PGR	B	-0.35%
CAT	B	-0.34%
PNC	B	-0.34%
GD	B	-0.33%
USB	B	-0.33%
TGT	C	-0.33%
AMT	C	-0.32%
NSC	C	-0.28%
TFC	C	-0.27%
AFL	C	-0.27%
COF	B	-0.26%
BA	F	-0.26%
GM	C	-0.26%
CL	D	-0.26%
TRV	C	-0.26%
AEP	C	-0.26%
MMC	C	-0.26%
O	C	-0.26%
BK	B	-0.25%
CCI	C	-0.25%
SRE	C	-0.25%
AIG	D	-0.24%
ALL	B	-0.24%
CME	C	-0.24%
FIS	B	-0.23%
D	C	-0.23%
KMB	D	-0.23%
VRTX	D	-0.22%
MET	B	-0.22%
ETN	C	-0.22%
SBUX	C	-0.22%
DE	B	-0.21%
LHX	C	-0.21%
AXP	B	-0.21%
SHW	B	-0.21%
EQIX	C	-0.21%
KVUE	C	-0.21%
WM	D	-0.2%
KMI	B	-0.2%
STZ	D	-0.2%
GIS	B	-0.2%
PEG	B	-0.2%
PRU	C	-0.2%
F	F	-0.2%
PCG	C	-0.2%
SYY	D	-0.19%
HUM	F	-0.19%
ZTS	C	-0.19%
HCA	B	-0.19%
EXC	C	-0.19%
MCO	B	-0.19%
CNC	D	-0.19%
ITW	C	-0.18%
KR	C	-0.18%
AON	B	-0.18%
EXR	B	-0.18%
CTSH	C	-0.18%
HIG	B	-0.17%
VICI	C	-0.17%
CBRE	A	-0.17%
XEL	B	-0.17%
ED	C	-0.17%
EBAY	B	-0.16%
EIX	C	-0.16%
CSX	D	-0.16%
CARR	B	-0.16%
AVB	B	-0.16%
PSA	B	-0.16%
WMB	B	-0.16%
APH	D	-0.16%
SPG	B	-0.16%
NDAQ	A	-0.15%
FCX	D	-0.15%
WEC	C	-0.15%
DLR	B	-0.15%
MSI	B	-0.15%
ECL	B	-0.15%
AJG	D	-0.15%
GPN	D	-0.14%
KHC	C	-0.14%
FITB	B	-0.14%
AWK	B	-0.14%
BX	B	-0.14%
WTW	C	-0.14%
DTE	C	-0.13%
ABNB	D	-0.13%
KEYS	C	-0.13%
VTR	C	-0.13%
ETR	B	-0.13%
EQR	B	-0.13%
IQV	C	-0.13%
MTB	B	-0.13%
ES	C	-0.12%
STT	A	-0.12%
PAYX	C	-0.12%
HPE	D	-0.11%
RJF	C	-0.11%
AEE	C	-0.11%
EFX	B	-0.11%
FE	C	-0.11%
OTIS	C	-0.11%
EOG	D	-0.11%
MRNA	F	-0.11%
TROW	D	-0.11%
PPL	C	-0.11%
ESS	B	-0.1%
AME	C	-0.1%
OKE	B	-0.1%
BAX	C	-0.1%
RF	B	-0.1%
YUM	D	-0.1%
TDY	B	-0.1%
CLX	C	-0.1%
AMP	A	-0.1%
BALL	C	-0.1%
HBAN	B	-0.1%
CMS	C	-0.1%
LDOS	B	-0.1%
INVH	C	-0.1%
K	B	-0.1%
CINF	B	-0.1%
CNP	C	-0.09%
TSN	C	-0.09%
AVY	C	-0.09%
ORLY	C	-0.09%
NTRS	A	-0.09%
J	C	-0.09%
CFG	C	-0.09%
CHTR	D	-0.09%
RSG	D	-0.09%
CSGP	D	-0.09%
DG	F	-0.09%
HSY	C	-0.09%
MTD	D	-0.09%
SYF	C	-0.09%
BBY	C	-0.09%
MSCI	C	-0.09%
MAA	B	-0.09%
EQT	D	-0.09%
HWM	B	-0.08%
AMCR	B	-0.08%
KIM	C	-0.08%
DOC	C	-0.08%
SWKS	D	-0.08%
EG	C	-0.08%
TXT	D	-0.08%
NRG	C	-0.08%
PH	B	-0.08%
IRM	C	-0.08%
MCHP	F	-0.08%
CDW	D	-0.08%
WBD	D	-0.08%
AZO	D	-0.08%
WRB	C	-0.08%
VRSK	D	-0.08%
PFG	B	-0.08%
NDSN	C	-0.07%
EVRG	B	-0.07%
VTRS	D	-0.07%
UDR	C	-0.07%
UHS	B	-0.07%
MNST	D	-0.07%
L	C	-0.07%
DFS	B	-0.07%
NI	B	-0.07%
CAG	C	-0.07%
LNT	B	-0.07%
KEY	B	-0.07%
SBAC	C	-0.07%
BXP	B	-0.06%
STX	C	-0.06%
EMN	B	-0.06%
KMX	D	-0.06%
WAT	C	-0.06%
SJM	C	-0.06%
JKHY	B	-0.06%
AES	C	-0.06%
CPT	B	-0.06%
MTCH	C	-0.05%
TPR	C	-0.05%
MKTX	C	-0.05%
CPB	C	-0.05%
AIZ	B	-0.05%
TAP	D	-0.05%
INCY	C	-0.05%
PNW	C	-0.05%
HII	D	-0.05%
BR	D	-0.05%
DXCM	F	-0.05%
EXPD	C	-0.05%
CTLT	B	-0.05%
ALLE	B	-0.04%
MHK	C	-0.04%
MAS	B	-0.04%
CBOE	C	-0.04%
VRSN	D	-0.04%
MOH	D	-0.04%
DPZ	F	-0.04%
FRT	C	-0.04%
GL	C	-0.04%
HAS	B	-0.04%
DRI	B	-0.04%
FDS	C	-0.04%
ENPH	D	-0.04%
HRL	C	-0.04%
FOXA	B	-0.04%
BRO	C	-0.03%
LVS	D	-0.03%
JBL	D	-0.03%
BEN	F	-0.03%
BBWI	F	-0.03%
EPAM	F	-0.03%
AAL	D	-0.03%
IVZ	B	-0.03%
LW	D	-0.02%
CZR	C	-0.02%
ETSY	F	-0.02%
AOS	D	-0.02%
DVA	B	-0.02%
FOX	B	-0.02%
HST	C	-0.02%
CCL	C	-0.02%
PARA	F	-0.02%
MGM	F	-0.01%
RL	C	-0.01%