HLAL vs. IWY ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to iShares Russell Top 200 Growth ETF (IWY)

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

$49.19

Average Daily Volume

52,967

Number of Holdings ^*

206

* may have additional holdings in another (foreign) market

IWY

iShares Russell Top 200 Growth ETF

IWY Description

The investment seeks to track the investment results of an index composed of large-capitalization U.S. equities that exhibit growth characteristics. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the Russell Top 200 Growth Index (the "underlying index"), which is a style factor weighted index that measures the performance of the largest capitalization growth sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$199.65

Average Daily Volume

399,138

Number of Holdings ^*

110

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	IWY
30 Days	5.47%	6.01%
60 Days	3.08%	3.44%
90 Days	4.71%	5.90%
12 Months	22.68%	37.21%

38 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in IWY	Overlap
AAPL	B	12.75%	11.8%	11.8%
ABT	F	0.88%	0.05%	0.05%
ADBE	F	1.03%	0.93%	0.93%
ADP	C	0.48%	0.38%	0.38%
ADSK	F	0.22%	0.2%	0.2%
AMAT	A	0.81%	0.64%	0.64%
AMD	D	1.12%	0.63%	0.63%
CDNS	D	0.36%	0.33%	0.33%
CRM	D	1.23%	0.86%	0.86%
EL	F	0.14%	0.04%	0.04%
EW	C	0.24%	0.23%	0.23%
GEHC	D	0.16%	0.01%	0.01%
GOOG	B	4.09%	3.75%	3.75%
GOOGL	B	4.8%	4.41%	4.41%
KLAC	A	0.45%	0.43%	0.43%
KO	B	1.15%	0.52%	0.52%
LIN	D	0.98%	0.08%	0.08%
LLY	B	3.07%	2.78%	2.78%
LRCX	C	0.57%	0.5%	0.5%
LULU	F	0.18%	0.16%	0.16%
MCK	B	0.34%	0.12%	0.12%
META	D	4.98%	4.46%	4.46%
MRK	B	1.54%	0.26%	0.26%
MSFT	B	14.66%	13.35%	13.35%
NKE	F	0.52%	0.25%	0.25%
NOW	C	0.72%	0.66%	0.66%
PANW	C	0.43%	0.41%	0.41%
PG	B	1.84%	0.32%	0.32%
QCOM	B	0.95%	0.8%	0.8%
SCCO	B	0.04%	0.04%	0.04%
SNPS	C	0.39%	0.37%	0.37%
SYK	D	0.55%	0.13%	0.13%
TJX	B	0.53%	0.48%	0.48%
TMO	B	1.05%	0.61%	0.61%
TSLA	D	2.21%	2.06%	2.06%
TXN	A	0.79%	0.31%	0.31%
UBER	D	0.63%	0.55%	0.55%
UPS	D	0.5%	0.13%	0.13%

HLAL Overweight 168 Positions Relative to IWY

Symbol	Grade	Weight
XOM	B	2.6%
JNJ	D	1.71%
CVX	C	1.33%
CSCO	D	0.92%
DHR	A	0.77%
PFE	D	0.75%
COP	D	0.69%
MU	B	0.59%
INTC	F	0.57%
MDT	C	0.52%
BSX	A	0.51%
ADI	A	0.48%
PLD	F	0.47%
MDLZ	C	0.45%
BMY	F	0.43%
GILD	F	0.38%
TT	B	0.35%
NXPI	A	0.33%
CEG	B	0.32%
BDX	F	0.32%
SLB	F	0.32%
MPC	D	0.31%
PSX	D	0.3%
EMR	B	0.3%
FDX	D	0.29%
CTAS	B	0.28%
MRVL	D	0.27%
PCAR	D	0.26%
ROP	D	0.26%
APD	D	0.26%
MMM	A	0.25%
CARR	B	0.25%
VLO	D	0.24%
NEM	B	0.23%
JCI	B	0.21%
OXY	D	0.21%
HES	C	0.21%
DHI	C	0.21%
ROST	D	0.21%
TEL	A	0.21%
NUE	D	0.2%
DOW	B	0.2%
CMI	B	0.19%
CTVA	C	0.19%
IDXX	C	0.19%
GWW	D	0.19%
A	A	0.19%
LEN	B	0.18%
FAST	D	0.18%
PWR	B	0.18%
VMC	B	0.17%
ODFL	F	0.17%
FANG	C	0.17%
IR	C	0.17%
MLM	C	0.17%
HAL	F	0.16%
XYL	A	0.16%
DD	B	0.16%
EA	F	0.16%
BIIB	D	0.15%
ON	D	0.15%
PPG	D	0.15%
RMD	B	0.15%
KDP	B	0.15%
BKR	C	0.15%
DVN	D	0.15%
ADM	D	0.15%
IT	D	0.15%
WAB	A	0.14%
ROK	F	0.14%
WST	F	0.13%
FTV	D	0.13%
ANSS	D	0.13%
TSCO	B	0.13%
PHM	A	0.12%
ICLR	C	0.12%
ZBH	D	0.12%
DOV	B	0.12%
HPQ	C	0.12%
GRMN	A	0.12%
LYB	D	0.12%
GLW	A	0.12%
CHD	B	0.12%
APTV	D	0.11%
WY	F	0.11%
WDC	B	0.11%
CAH	F	0.11%
TTWO	D	0.11%
DLTR	F	0.11%
IFF	B	0.11%
ARE	C	0.1%
GPC	C	0.1%
FSLR	C	0.1%
PTC	C	0.1%
ALGN	F	0.1%
HUBB	C	0.1%
STE	C	0.1%
NTAP	B	0.1%
TYL	B	0.09%
OMC	A	0.09%
TER	B	0.09%
BLDR	D	0.09%
ULTA	F	0.09%
STLD	D	0.09%
CTRA	C	0.09%
IEX	D	0.08%
LH	D	0.08%
HOLX	D	0.08%
ILMN	F	0.08%
ATO	C	0.08%
TRMB	D	0.07%
POOL	D	0.07%
CF	F	0.07%
BG	D	0.07%
OKTA	D	0.07%
BMRN	F	0.07%
AKAM	F	0.07%
DGX	B	0.07%
PKG	C	0.07%
MRO	D	0.07%
ALB	D	0.07%
ZBRA	A	0.07%
ROL	B	0.06%
IPG	D	0.06%
BURL	D	0.06%
TECH	C	0.06%
WBA	F	0.06%
WRK	A	0.06%
FLEX	C	0.06%
SWK	D	0.06%
PNR	B	0.06%
JBHT	F	0.06%
SNA	D	0.06%
IP	B	0.06%
MOS	F	0.05%
TWLO	D	0.05%
FFIV	D	0.05%
JNPR	D	0.05%
CRL	D	0.05%
SJM	F	0.05%
LKQ	F	0.05%
FMC	C	0.04%
GNRC	C	0.04%
SOLV	F	0.04%
DAL	B	0.04%
DAY	F	0.04%
QRVO	F	0.04%
PAYC	F	0.04%
BWA	C	0.04%
TFX	D	0.04%
ALV	A	0.04%
CHRW	C	0.04%
DOX	F	0.04%
NWSA	C	0.04%
HSIC	C	0.04%
EXAS	F	0.04%
BIO	F	0.03%
LBRDK	F	0.03%
RHI	F	0.03%
LEA	F	0.03%
LUV	F	0.02%
GFS	D	0.02%
UAL	C	0.02%
WLK	B	0.02%
LEN	B	0.01%
AGR	A	0.01%
NWS	C	0.01%
LBRDA	F	0.0%

HLAL Underweight 72 Positions Relative to IWY

Symbol	Grade	Weight
NVDA	B	-9.56%
AMZN	C	-7.05%
AVGO	A	-2.59%
V	C	-1.9%
UNH	C	-1.74%
MA	D	-1.62%
COST	A	-1.5%
HD	D	-1.46%
ABBV	D	-1.24%
NFLX	C	-1.11%
ACN	F	-0.83%
INTU	C	-0.76%
PEP	B	-0.74%
ISRG	B	-0.59%
CAT	C	-0.57%
BKNG	B	-0.55%
AMGN	B	-0.49%
VRTX	B	-0.44%
LMT	B	-0.43%
LOW	D	-0.42%
DE	C	-0.41%
PGR	C	-0.39%
AMT	D	-0.39%
BX	B	-0.39%
CMG	C	-0.37%
SBUX	F	-0.36%
MCD	D	-0.35%
MMC	B	-0.35%
ANET	A	-0.34%
ZTS	D	-0.34%
ORCL	C	-0.33%
WM	D	-0.33%
TGT	D	-0.31%
SHW	D	-0.27%
PYPL	D	-0.27%
UNP	B	-0.27%
ITW	D	-0.26%
ABNB	D	-0.26%
MCO	B	-0.25%
MSI	A	-0.24%
MAR	D	-0.24%
WDAY	F	-0.22%
SNOW	D	-0.22%
ORLY	D	-0.21%
AXP	B	-0.2%
ECL	B	-0.19%
AZO	D	-0.18%
KMB	C	-0.18%
FTNT	F	-0.17%
MNST	F	-0.17%
EQIX	D	-0.16%
SYY	D	-0.16%
DG	D	-0.14%
CHTR	F	-0.12%
TEAM	F	-0.12%
FI	C	-0.11%
PSA	C	-0.11%
HSY	C	-0.1%
HON	B	-0.08%
HUM	D	-0.08%
LVS	F	-0.07%
ELV	B	-0.07%
HCA	C	-0.06%
BA	F	-0.06%
SPGI	C	-0.05%
KVUE	C	-0.05%
REGN	B	-0.03%
CI	D	-0.03%
CSX	D	-0.03%
NOC	C	-0.02%
STZ	D	-0.02%
CCI	D	-0.02%