HLAL vs. IYW ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to iShares U.S. Technology ETF (IYW)

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

$52.85

Average Daily Volume

60,783

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

IYW

iShares U.S. Technology ETF

IYW Description

The investment seeks to track the investment results of an index composed of U.S. equities in the technology sector. 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 Dow Jones U.S. Technology Index (the "underlying index"), which measures the performance of the technology sector of the U.S. equity market. The underlying index may include large-, mid- or small-capitalization companies, and components primarily include technology companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$161.25

Average Daily Volume

707,011

Number of Holdings ^*

140

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	IYW
30 Days	2.46%	5.29%
60 Days	7.97%	17.19%
90 Days	7.79%	16.19%
12 Months	25.52%	45.55%

41 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in IYW	Overlap
AAPL	B	14.91%	15.51%	14.91%
ADBE	F	0.98%	1.88%	0.98%
ADI	B	0.52%	0.98%	0.52%
ADSK	A	0.29%	0.54%	0.29%
AKAM	C	0.07%	0.14%	0.07%
AMAT	D	0.7%	1.34%	0.7%
AMD	F	1.04%	2.06%	1.04%
ANSS	B	0.13%	0.25%	0.13%
CDNS	B	0.37%	0.67%	0.37%
CRM	B	1.28%	2.43%	1.28%
DELL	C	0.16%	0.3%	0.16%
FFIV	B	0.06%	0.12%	0.06%
GFS	D	0.02%	0.03%	0.02%
GLW	B	0.17%	0.32%	0.17%
GOOG	B	3.88%	2.24%	2.24%
GOOGL	B	4.6%	2.65%	2.65%
HPQ	B	0.16%	0.31%	0.16%
INTC	C	0.45%	0.81%	0.45%
IT	A	0.18%	0.34%	0.18%
KLAC	F	0.41%	0.8%	0.41%
LRCX	D	0.45%	0.86%	0.45%
META	B	5.67%	4.05%	4.05%
MRVL	A	0.34%	0.61%	0.34%
MSFT	C	14.03%	14.29%	14.03%
MU	C	0.52%	0.98%	0.52%
NOW	A	0.89%	1.7%	0.89%
NTAP	C	0.11%	0.21%	0.11%
OKTA	D	0.05%	0.1%	0.05%
ON	C	0.14%	0.27%	0.14%
PANW	A	0.52%	0.99%	0.52%
PTC	B	0.1%	0.19%	0.1%
QCOM	C	0.85%	1.62%	0.85%
QRVO	F	0.03%	0.06%	0.03%
ROP	B	0.27%	0.51%	0.27%
SMCI	F	0.06%	0.13%	0.06%
SNPS	B	0.37%	0.69%	0.37%
TER	F	0.08%	0.15%	0.08%
TXN	A	0.85%	1.64%	0.85%
TYL	B	0.12%	0.23%	0.12%
VRT	B	0.18%	0.35%	0.18%
WDC	C	0.1%	0.19%	0.1%

HLAL Overweight 157 Positions Relative to IYW

Symbol	Grade	Weight
TSLA	A	3.11%
XOM	B	2.46%
PG	F	1.8%
JNJ	D	1.76%
CVX	B	1.22%
MRK	F	1.19%
KO	F	1.17%
CSCO	A	1.04%
LIN	D	1.01%
TMO	F	0.97%
ABT	C	0.94%
ISRG	A	0.83%
DHR	F	0.74%
PFE	F	0.73%
UBER	D	0.68%
SYK	B	0.62%
COP	D	0.59%
TJX	C	0.59%
BSX	B	0.58%
ADP	A	0.55%
MDT	C	0.53%
PLD	F	0.49%
UPS	C	0.45%
NKE	F	0.43%
MDLZ	F	0.42%
TT	B	0.4%
REGN	F	0.4%
WELL	B	0.38%
GEV	A	0.37%
CEG	C	0.33%
CTAS	A	0.33%
APD	B	0.32%
MCK	B	0.32%
MMM	C	0.32%
BDX	F	0.31%
EMR	A	0.29%
NXPI	D	0.28%
CARR	D	0.28%
FDX	B	0.28%
SLB	D	0.27%
NEM	D	0.25%
PCAR	B	0.25%
MPC	F	0.24%
JCI	A	0.23%
DHI	D	0.23%
PSX	F	0.23%
CMI	B	0.21%
FAST	A	0.21%
GWW	A	0.21%
ROST	F	0.21%
CTVA	C	0.2%
KVUE	B	0.2%
PWR	A	0.2%
ODFL	B	0.19%
EA	A	0.19%
A	C	0.19%
LEN	D	0.19%
VLO	D	0.19%
BKR	A	0.18%
IR	A	0.18%
GEHC	D	0.18%
LULU	C	0.18%
HES	C	0.18%
COR	B	0.18%
EW	F	0.18%
OXY	F	0.16%
FANG	F	0.16%
IDXX	F	0.16%
NUE	C	0.16%
KDP	F	0.16%
RMD	B	0.16%
VMC	B	0.16%
MLM	B	0.16%
WAB	B	0.15%
DD	C	0.15%
TSCO	C	0.14%
PPG	F	0.14%
XYL	F	0.14%
ROK	B	0.14%
EBAY	D	0.14%
AXON	A	0.14%
GRMN	A	0.14%
CAH	A	0.13%
TTWO	A	0.13%
DOW	F	0.13%
HAL	D	0.12%
FTV	F	0.12%
CHD	C	0.12%
BIIB	F	0.12%
VLTO	D	0.12%
IFF	F	0.12%
DOV	A	0.12%
ADM	F	0.12%
PHM	D	0.12%
HUBB	B	0.11%
WST	C	0.11%
WY	D	0.11%
ILMN	A	0.11%
DVN	F	0.11%
ATO	B	0.1%
BLDR	D	0.1%
LYB	F	0.1%
ZBH	C	0.1%
STE	F	0.1%
FSLR	F	0.1%
LH	A	0.09%
HOLX	D	0.09%
ZBRA	B	0.09%
ARE	F	0.09%
MKC	D	0.09%
OMC	B	0.09%
STLD	B	0.09%
PKG	B	0.09%
PNR	B	0.08%
IEX	B	0.08%
PODD	B	0.08%
EXPD	F	0.08%
DGX	B	0.08%
SNA	A	0.08%
ICLR	F	0.08%
ULTA	C	0.08%
SWK	F	0.07%
JBHT	C	0.07%
TRMB	B	0.07%
APTV	F	0.07%
EL	F	0.07%
RVTY	C	0.07%
MRO	C	0.07%
BURL	C	0.07%
CF	C	0.07%
IP	B	0.07%
ALGN	F	0.07%
GPC	F	0.07%
BMRN	F	0.06%
JNPR	B	0.06%
REG	B	0.06%
ROL	D	0.06%
POOL	B	0.06%
DLTR	F	0.06%
FLEX	A	0.06%
LKQ	F	0.05%
NWSA	A	0.05%
IPG	F	0.05%
ALB	C	0.05%
TECH	C	0.05%
BG	F	0.05%
DAL	B	0.04%
CRL	D	0.04%
SCCO	B	0.04%
TFX	F	0.04%
UAL	B	0.03%
WBA	D	0.03%
NWS	A	0.02%
WLK	F	0.02%
LUV	B	0.02%
LEN	D	0.01%
AGR	D	0.01%

HLAL Underweight 99 Positions Relative to IYW

Symbol	Grade	Weight
NVDA	A	-14.82%
AVGO	B	-3.36%
ORCL	A	-2.34%
IBM	D	-1.69%
INTU	A	-1.48%
PLTR	A	-0.74%
APH	A	-0.7%
CRWD	C	-0.6%
DASH	A	-0.48%
WDAY	C	-0.44%
FTNT	A	-0.44%
APP	B	-0.39%
MCHP	F	-0.35%
MSTR	B	-0.34%
CTSH	B	-0.33%
DDOG	B	-0.33%
MPWR	F	-0.32%
SNOW	C	-0.32%
TEAM	B	-0.26%
HUBS	B	-0.24%
NET	C	-0.23%
LDOS	B	-0.22%
HPE	B	-0.22%
CDW	F	-0.22%
GDDY	A	-0.21%
ZM	A	-0.18%
PINS	C	-0.17%
MDB	D	-0.17%
ZS	C	-0.15%
GWRE	A	-0.14%
PSTG	C	-0.14%
ENTG	F	-0.14%
GEN	B	-0.14%
DT	C	-0.14%
MANH	C	-0.14%
DOCU	A	-0.13%
VRSN	C	-0.13%
SSNC	C	-0.13%
NTNX	B	-0.13%
TOST	A	-0.12%
JBL	B	-0.12%
TWLO	A	-0.12%
SWKS	F	-0.12%
CACI	B	-0.11%
COHR	A	-0.11%
ONTO	F	-0.09%
DOX	A	-0.09%
EPAM	C	-0.09%
PAYC	B	-0.09%
DAY	A	-0.09%
SNX	B	-0.08%
GLOB	B	-0.08%
KBR	B	-0.08%
MTCH	F	-0.08%
SAIC	B	-0.07%
SMAR	B	-0.07%
CART	B	-0.07%
OLED	F	-0.07%
MTSI	A	-0.06%
DBX	C	-0.06%
AZPN	B	-0.06%
ARW	F	-0.06%
GTLB	C	-0.06%
CFLT	C	-0.06%
ESTC	C	-0.06%
BSY	C	-0.06%
LSCC	C	-0.06%
PCOR	C	-0.06%
S	B	-0.06%
KD	B	-0.05%
PATH	D	-0.05%
CRUS	F	-0.05%
U	C	-0.05%
DLB	C	-0.04%
APPF	D	-0.04%
CCCS	C	-0.04%
HCP	A	-0.04%
AVT	B	-0.04%
PSN	B	-0.04%
RNG	A	-0.03%
AMKR	F	-0.03%
NCNO	A	-0.03%
TDC	F	-0.03%
ZI	C	-0.03%
DXC	B	-0.03%
PEGA	B	-0.03%
IAC	C	-0.03%
DNB	B	-0.03%
INFA	C	-0.02%
CNXC	F	-0.02%
DJT	D	-0.02%
FIVN	D	-0.02%
IPGP	C	-0.02%
DV	D	-0.02%
ALGM	D	-0.02%
CLVT	F	-0.02%
PYCR	C	-0.01%
ALAB	B	-0.01%
WOLF	F	-0.01%

IYW: Top Represented Industries & Keywords

Industries: Software - Application Semiconductors Software - Infrastructure Information Technology Services Internet Content & Information Semiconductor Equipment & Materials Data Storage Computer Systems Conglomerates Diversified Industrials Electronic Components Internet Content & Information Telecom Services Business Services Communication Equipment Computer Hardware Consumer Electronics Contract Manufacturers Electronics & Computer Distribution Electronics Distribution