HLAL - Wahed FTSE USA Shariah ETF
| Assets | $122.18M |
| NAV | $38.18 |
| Expense Ratio | 0.50% |
| PE Ratio | 29.80 |
| Beta (5Y) | 1.10 |
| Dividend (ttm) | $0.38 |
| Dividend Yield | 1.00% |
| Ex-Dividend Date | Jun 28, 2021 |
| 1-Year Return | - |
| Trading Day | July 23 |
| Last Price | $38.54 |
| Previous Close | $38.22 |
| Change ($) | 0.32 |
| Change (%) | 0.84% |
| Day's Open | 38.22 |
| Day's Range | 38.21 - 38.54 |
| Day's Volume | 21,796 |
| 52-Week Range | 27.38 - 38.54 |
Fund 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.
| Asset Class Equity | Inception Date Jul 16, 2019 |
| Exchange NASDAQ | Ticker Symbol HLAL |
| Index Tracked FTSE USA Shariah Index | |
Top 10 Holdings
37.21% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple | AAPL | 16.93% |
| Tesla | TSLA | 3.77% |
| Johnson & Johnson | JNJ | 3.32% |
| Procter & Gamble | PG | 2.52% |
| Adobe | ADBE | 2.17% |
| Exxon Mobil | XOM | 1.82% |
| Pfizer | PFE | 1.70% |
| Cisco Systems | CSCO | 1.69% |
| Intel | INTC | 1.69% |
| Salesforce.com | CRM | 1.59% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 28, 2021 | $0.082 | Jun 30, 2021 |
| Mar 29, 2021 | $0.077 | Mar 31, 2021 |
| Dec 29, 2020 | $0.096 | Dec 31, 2020 |
| Sep 28, 2020 | $0.125 | Sep 30, 2020 |
| Jun 26, 2020 | $0.006 | Jun 30, 2020 |
| Mar 27, 2020 | $0.10 | Mar 31, 2020 |
In keeping with the growing inclination toward socially responsible and halal investing, two new Sharia-compliant equity and fixed income ETFs have made their debut.
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We discuss a new Shariah-compliant US equity ETF, recently introduced by Wahed Invest.