A Comparative Look at the Costs of Faith-Based ETFs

For investors seeking to align their financial decisions with their personal values, faith-based ETFs may present a unique opportunity. However, understanding the fee structures associated with these funds is necessary for making informed choices.

ETF Trends • Jun 11, 2025

HLAL: A Screening Methodology That Appeals

HLAL is a Shariah-compliant ETF offering broad U.S. market exposure with a focus on low debt and ethical business practices. The fund tracks the FTSE USA Shariah Index, emphasizing tech and healthcare sectors, with Apple and Microsoft comprising nearly 30% of the portfolio. HLAL's sector allocation favors tech (56.6%) and healthcare (12.2%), avoiding industries like alcohol, tobacco, and conventional financial services.

Seeking Alpha • Oct 6, 2024

HLAL: Profit From The Yield Curve Inversion

Despite a yield curve inversion, there is no recession and equities are performing well. Rising interest rates haven't led to increased interest payments for cash-rich companies. The Wahed FTSE USA Shariah ETF is overweight in sectors with cash-rich companies, making it a good investment opportunity.

Seeking Alpha • Sep 28, 2023

HLAL Vs. VOO: Another Shariah ETF Beating An Unrestricted Large-Cap ETF

The Wahed FTSE USA Shariah ETF has outperformed the Vanguard S&P 500 ETF over its four-year history, providing higher returns and a higher Beta. HLAL has $260m in AUM and a 50bps fee, while VOO has $315b in AUM and a 3bps fee; HLAL's TTM Yield is 0.95% compared to VOO's 1.5%. Both ETFs' results are driven by a fraction of the stocks held, with the top 20 stocks accounting for 63% of HLAL's portfolio and 40% of VOO's.

Seeking Alpha • Jun 27, 2023

HLAL: Profit From The Ramadan Effect

The Ramadan effect refers to the observation that in Islamic countries stock returns during Ramadan are higher and less volatile than during the rest of the year. HLAL is biggest US shariah-compliant ETF.

Seeking Alpha • Mar 29, 2023

A Critique Of Wahed FTSE Shariah ETF's Islamic Regulations

HLAL is a sharia-compliant ETF that allows devout Muslim investors to invest in public equities without violating core principles of their faith. I offer a critique of the financial ratios used to measure sharia-compliance and recommendations for improvement.

Seeking Alpha • Oct 25, 2022

Tesla Just Posted Record Quarterly Profit — Does Your Portfolio Need EV Exposure?

High energy prices have reignited positive clean energy sentiment. Tesla Inc. shares surged in premarket trading after the electric vehicle company posted its highest quarterly profit to date; the stock rose 7.1% before the opening bell on Thursday.

ETF Trends • Apr 21, 2022

SEC Charges Wahed Invest With Misleading Clients

Regulators allege the roboadvisor moved $13 million in assets to ‘HLAL' without proper notice.

ETFcom • Feb 11, 2022

A Look At The SP Funds S&P 500 Sharia Industry Exclusions ETF

SPUS is developed to comply with Sharia guidelines and has been certified by an authority on Islamic finance.

Seeking Alpha • Dec 30, 2021

Best And Worst Q4 2020: Large Cap Blend ETFs And Mutual Funds

The Large Cap Blend style ranks second in Q4'20. Based on an aggregation of ratings of 61 ETFs and 661 mutual funds in the Large Cap Blend style.

Seeking Alpha • Nov 25, 2020