HLAL vs. JPEF ETF Comparison

Comparison of Wahed FTSE USA Shariah ETF (HLAL) to JPMorgan Equity Focus ETF (JPEF)

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

$52.60

Average Daily Volume

60,755

Number of Holdings ^*

198

* may have additional holdings in another (foreign) market

JPEF

JPMorgan Equity Focus ETF

JPEF Description

Under normal circumstances, the fund invests at least 80% of its assets in equity securities. "Assets" means net assets, plus the amount of borrowings for investment purposes. In implementing its main strategies, the fund invests primarily in common stocks and real estate investment trusts (REITs), but it may also invest up to 20% of its total assets in common stocks of foreign companies, including depositary receipts.

Grade (RS Rating)

Last Trade

$68.43

Average Daily Volume

91,557

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	HLAL	JPEF
30 Days	2.35%	3.03%
60 Days	1.62%	4.63%
90 Days	3.31%	6.31%
12 Months	20.13%	36.48%

19 Overlapping Holdings

Symbol	Grade	Weight in HLAL	Weight in JPEF	Overlap
AAPL	C	14.91%	3.5%	3.5%
ADI	D	0.47%	1.7%	0.47%
EL	F	0.07%	0.94%	0.07%
GOOG	C	3.91%	2.06%	2.06%
ISRG	A	0.85%	1.6%	0.85%
JBHT	C	0.07%	0.89%	0.07%
LRCX	F	0.41%	0.42%	0.41%
META	D	5.55%	4.52%	4.52%
MLM	B	0.16%	1.37%	0.16%
MSFT	F	13.84%	6.29%	6.29%
PANW	C	0.54%	2.15%	0.54%
PG	A	1.81%	2.43%	1.81%
PKG	A	0.1%	1.49%	0.1%
PWR	A	0.22%	1.81%	0.22%
REG	B	0.06%	1.79%	0.06%
REGN	F	0.35%	1.54%	0.35%
TJX	A	0.61%	1.21%	0.61%
TMO	F	0.87%	1.21%	0.87%
TT	A	0.42%	2.54%	0.42%

HLAL Overweight 179 Positions Relative to JPEF

Symbol	Grade	Weight
GOOGL	C	4.63%
TSLA	B	4.25%
XOM	B	2.42%
JNJ	D	1.65%
CRM	B	1.36%
CVX	A	1.24%
MRK	F	1.11%
KO	D	1.1%
CSCO	B	1.04%
AMD	F	0.99%
ADBE	C	0.98%
LIN	D	0.97%
NOW	A	0.92%
ABT	B	0.9%
TXN	C	0.81%
QCOM	F	0.77%
DHR	F	0.67%
SYK	C	0.63%
PFE	D	0.63%
AMAT	F	0.63%
UBER	D	0.62%
BSX	B	0.6%
COP	C	0.6%
ADP	B	0.55%
MDT	D	0.49%
MU	D	0.49%
PLD	D	0.48%
INTC	D	0.46%
UPS	C	0.43%
GEV	B	0.41%
NKE	D	0.4%
MDLZ	F	0.39%
SNPS	B	0.37%
KLAC	D	0.37%
WELL	A	0.37%
CDNS	B	0.37%
MCK	B	0.36%
MRVL	B	0.35%
CTAS	B	0.34%
EMR	A	0.33%
APD	A	0.33%
CEG	D	0.33%
MMM	D	0.32%
ADSK	A	0.3%
BDX	F	0.29%
FDX	B	0.29%
SLB	C	0.28%
CARR	D	0.28%
ROP	B	0.26%
PSX	C	0.25%
JCI	C	0.25%
MPC	D	0.25%
NXPI	D	0.25%
PCAR	B	0.25%
DHI	D	0.22%
VRT	B	0.22%
CMI	A	0.22%
NEM	D	0.22%
GWW	B	0.22%
ROST	C	0.21%
FAST	B	0.21%
AXON	A	0.2%
BKR	B	0.2%
EA	A	0.2%
VLO	C	0.2%
KVUE	A	0.2%
HES	B	0.19%
IR	B	0.19%
EW	C	0.19%
ODFL	B	0.19%
LEN	D	0.18%
COR	B	0.18%
CTVA	C	0.18%
LULU	C	0.17%
GEHC	F	0.17%
A	D	0.17%
IT	C	0.17%
RMD	C	0.16%
NUE	C	0.16%
HPQ	B	0.16%
GLW	B	0.16%
DELL	C	0.16%
VMC	B	0.16%
DD	D	0.15%
OXY	D	0.15%
KDP	D	0.15%
WAB	B	0.15%
FANG	D	0.15%
IDXX	F	0.15%
EBAY	D	0.14%
GRMN	B	0.14%
ROK	B	0.14%
TTWO	A	0.14%
PPG	F	0.13%
ON	D	0.13%
TSCO	D	0.13%
CAH	B	0.13%
XYL	D	0.13%
ANSS	B	0.13%
VLTO	D	0.12%
PHM	D	0.12%
DOW	F	0.12%
FTV	C	0.12%
CHD	B	0.12%
DOV	A	0.12%
HAL	C	0.12%
HUBB	B	0.11%
DVN	F	0.11%
TYL	B	0.11%
NTAP	C	0.11%
ADM	D	0.11%
STLD	B	0.1%
LYB	F	0.1%
ATO	A	0.1%
PTC	A	0.1%
ZBH	C	0.1%
WY	D	0.1%
WST	C	0.1%
BIIB	F	0.1%
IFF	D	0.1%
OMC	C	0.09%
MKC	D	0.09%
ZBRA	B	0.09%
FSLR	F	0.09%
LH	C	0.09%
STE	F	0.09%
WDC	D	0.09%
ILMN	D	0.09%
BLDR	D	0.09%
ALGN	D	0.08%
EXPD	D	0.08%
GPC	D	0.08%
IEX	B	0.08%
BURL	A	0.08%
PNR	A	0.08%
TRMB	B	0.08%
HOLX	D	0.08%
DGX	A	0.08%
ARE	D	0.08%
SNA	A	0.08%
PODD	C	0.08%
FLEX	A	0.07%
MRO	B	0.07%
TER	D	0.07%
ULTA	F	0.07%
CF	B	0.07%
IP	B	0.07%
ICLR	D	0.07%
BG	F	0.06%
DLTR	F	0.06%
SMCI	F	0.06%
ALB	C	0.06%
SWK	D	0.06%
AKAM	D	0.06%
POOL	C	0.06%
RVTY	F	0.06%
ROL	B	0.06%
FFIV	B	0.06%
APTV	D	0.06%
DAL	C	0.05%
TECH	D	0.05%
IPG	D	0.05%
NWSA	B	0.05%
JNPR	F	0.05%
OKTA	C	0.05%
BMRN	D	0.05%
TFX	F	0.04%
SCCO	F	0.04%
CRL	C	0.04%
LKQ	D	0.04%
WBA	F	0.03%
QRVO	F	0.03%
UAL	A	0.03%
NWS	B	0.02%
GFS	C	0.02%
WLK	D	0.02%
LUV	C	0.02%
AGR	B	0.01%
LEN	D	0.0%

HLAL Underweight 21 Positions Relative to JPEF

Symbol	Grade	Weight
NVDA	C	-6.36%
AMZN	C	-5.88%
KMI	A	-3.38%
COF	B	-3.15%
BRK.A	B	-2.96%
EOG	A	-2.87%
AVGO	D	-2.83%
L	A	-2.79%
MTB	A	-2.77%
BAC	A	-2.51%
MA	C	-2.44%
MS	A	-2.3%
MCD	D	-2.26%
UNH	C	-2.15%
HON	B	-2.13%
PSA	D	-2.13%
HD	A	-2.11%
NEE	D	-2.05%
INTU	C	-2.01%
LLY	F	-1.66%
BKNG	A	-1.43%