Skip to Content
Morningstar

Wahed FTSE USA Shariah ETF HLAL

Morningstar Medalist Rating
Medalist Rating as of | See Wahed Investment Hub

Morningstar’s Analysis HLAL

Will HLAL outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HLAL’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HLAL management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HLAL’s parent organization’s priorities and whether they’re in line with investors’ interests.

Wahed FTSE USA Shariah ETF’s management team is rated Average, but a solid investment process still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings HLAL

More HLAL Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 51.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

14.93 63.0 Mil
Technology

Apple Inc

11.88 50.2 Mil
Technology

Meta Platforms Inc Class A

5.36 22.6 Mil
Communication Services

Alphabet Inc Class A

4.60 19.4 Mil
Communication Services

Alphabet Inc Class C

3.93 16.6 Mil
Communication Services

Eli Lilly and Co

3.06 12.9 Mil
Healthcare

Exxon Mobil Corp

2.42 10.2 Mil
Energy

Tesla Inc

1.92 8.1 Mil
Consumer Cyclical

Procter & Gamble Co

1.84 7.8 Mil
Consumer Defensive

Johnson & Johnson

1.75 7.4 Mil
Healthcare