QWLD vs. HLAL ETF Comparison

Comparison of SPDR MSCI World Quality Mix ETF (QWLD) to Wahed FTSE USA Shariah ETF (HLAL)

QWLD

SPDR MSCI World Quality Mix ETF

QWLD Description

The investment seeks to track the performance of the MSCI World Quality Mix Index. The index captures large-and mid-cap representation across 24 developed countries and aims to represent the performance of value, low volatility, and quality factor strategies. Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs") based on securities comprising the index. It is non-diversified.

Grade (RS Rating)

Last Trade

$128.44

Average Daily Volume

3,453

Number of Holdings ^*

610

* may have additional holdings in another (foreign) market

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

Performance

Period	QWLD	HLAL
30 Days	0.82%	2.35%
60 Days	0.23%	1.62%
90 Days	0.87%	3.31%
12 Months	22.65%	20.13%

191 Overlapping Holdings

Symbol	Grade	Weight in QWLD	Weight in HLAL	Overlap
A	D	0.06%	0.17%	0.06%
AAPL	C	2.57%	14.91%	2.57%
ABT	B	0.09%	0.9%	0.09%
ADBE	C	0.42%	0.98%	0.42%
ADI	D	0.04%	0.47%	0.04%
ADM	D	0.05%	0.11%	0.05%
ADP	B	0.26%	0.55%	0.26%
ADSK	A	0.1%	0.3%	0.1%
AKAM	D	0.11%	0.06%	0.06%
ALB	C	0.01%	0.06%	0.01%
ALGN	D	0.0%	0.08%	0.0%
AMAT	F	0.29%	0.63%	0.29%
AMD	F	0.03%	0.99%	0.03%
ANSS	B	0.0%	0.13%	0.0%
APD	A	0.03%	0.33%	0.03%
APTV	D	0.01%	0.06%	0.01%
ARE	D	0.01%	0.08%	0.01%
ATO	A	0.01%	0.1%	0.01%
AXON	A	0.0%	0.2%	0.0%
BDX	F	0.07%	0.29%	0.07%
BG	F	0.03%	0.06%	0.03%
BIIB	F	0.01%	0.1%	0.01%
BKR	B	0.02%	0.2%	0.02%
BLDR	D	0.05%	0.09%	0.05%
BMRN	D	0.07%	0.05%	0.05%
BSX	B	0.02%	0.6%	0.02%
BURL	A	0.01%	0.08%	0.01%
CAH	B	0.13%	0.13%	0.13%
CARR	D	0.02%	0.28%	0.02%
CDNS	B	0.13%	0.37%	0.13%
CEG	D	0.02%	0.33%	0.02%
CF	B	0.13%	0.07%	0.07%
CHD	B	0.19%	0.12%	0.12%
CMI	A	0.1%	0.22%	0.1%
COP	C	0.1%	0.6%	0.1%
COR	B	0.41%	0.18%	0.18%
CRL	C	0.0%	0.04%	0.0%
CRM	B	0.06%	1.36%	0.06%
CSCO	B	1.03%	1.04%	1.03%
CTAS	B	0.14%	0.34%	0.14%
CTVA	C	0.04%	0.18%	0.04%
CVX	A	0.33%	1.24%	0.33%
DAL	C	0.01%	0.05%	0.01%
DD	D	0.02%	0.15%	0.02%
DELL	C	0.01%	0.16%	0.01%
DGX	A	0.11%	0.08%	0.08%
DHI	D	0.1%	0.22%	0.1%
DHR	F	0.05%	0.67%	0.05%
DLTR	F	0.01%	0.06%	0.01%
DOV	A	0.05%	0.12%	0.05%
DOW	F	0.03%	0.12%	0.03%
DVN	F	0.03%	0.11%	0.03%
EA	A	0.2%	0.2%	0.2%
EBAY	D	0.01%	0.14%	0.01%
EL	F	0.01%	0.07%	0.01%
EMR	A	0.03%	0.33%	0.03%
EW	C	0.07%	0.19%	0.07%
EXPD	D	0.04%	0.08%	0.04%
FANG	D	0.09%	0.15%	0.09%
FAST	B	0.09%	0.21%	0.09%
FDX	B	0.07%	0.29%	0.07%
FFIV	B	0.16%	0.06%	0.06%
FSLR	F	0.01%	0.09%	0.01%
FTV	C	0.01%	0.12%	0.01%
GEHC	F	0.02%	0.17%	0.02%
GEV	B	0.02%	0.41%	0.02%
GLW	B	0.02%	0.16%	0.02%
GOOG	C	0.94%	3.91%	0.94%
GOOGL	C	1.07%	4.63%	1.07%
GPC	D	0.05%	0.08%	0.05%
GRMN	B	0.05%	0.14%	0.05%
GWW	B	0.11%	0.22%	0.11%
HAL	C	0.02%	0.12%	0.02%
HES	B	0.01%	0.19%	0.01%
HOLX	D	0.01%	0.08%	0.01%
HPQ	B	0.04%	0.16%	0.04%
HUBB	B	0.04%	0.11%	0.04%
IDXX	F	0.07%	0.15%	0.07%
IEX	B	0.03%	0.08%	0.03%
IFF	D	0.01%	0.1%	0.01%
ILMN	D	0.0%	0.09%	0.0%
INTC	D	0.1%	0.46%	0.1%
IP	B	0.02%	0.07%	0.02%
IPG	D	0.02%	0.05%	0.02%
IR	B	0.01%	0.19%	0.01%
ISRG	A	0.25%	0.85%	0.25%
IT	C	0.03%	0.17%	0.03%
JBHT	C	0.03%	0.07%	0.03%
JCI	C	0.03%	0.25%	0.03%
JNJ	D	1.1%	1.65%	1.1%
JNPR	F	0.12%	0.05%	0.05%
KDP	D	0.14%	0.15%	0.14%
KLAC	D	0.14%	0.37%	0.14%
KO	D	0.56%	1.1%	0.56%
KVUE	A	0.08%	0.2%	0.08%
LEN	D	0.09%	0.18%	0.09%
LEN	D	0.09%	0.0%	0.0%
LH	C	0.02%	0.09%	0.02%
LIN	D	0.06%	0.97%	0.06%
LKQ	D	0.01%	0.04%	0.01%
LRCX	F	0.18%	0.41%	0.18%
LULU	C	0.07%	0.17%	0.07%
LUV	C	0.0%	0.02%	0.0%
LYB	F	0.03%	0.1%	0.03%
MCK	B	0.58%	0.36%	0.36%
MDLZ	F	0.14%	0.39%	0.14%
MDT	D	0.06%	0.49%	0.06%
META	D	2.11%	5.55%	2.11%
MKC	D	0.01%	0.09%	0.01%
MLM	B	0.01%	0.16%	0.01%
MMM	D	0.14%	0.32%	0.14%
MPC	D	0.17%	0.25%	0.17%
MRK	F	0.42%	1.11%	0.42%
MRO	B	0.02%	0.07%	0.02%
MRVL	B	0.01%	0.35%	0.01%
MSFT	F	2.3%	13.84%	2.3%
MU	D	0.04%	0.49%	0.04%
NEM	D	0.04%	0.22%	0.04%
NKE	D	0.17%	0.4%	0.17%
NOW	A	0.01%	0.92%	0.01%
NTAP	C	0.04%	0.11%	0.04%
NUE	C	0.04%	0.16%	0.04%
NWSA	B	0.01%	0.05%	0.01%
NXPI	D	0.02%	0.25%	0.02%
ODFL	B	0.08%	0.19%	0.08%
OKTA	C	0.0%	0.05%	0.0%
OMC	C	0.04%	0.09%	0.04%
ON	D	0.01%	0.13%	0.01%
OXY	D	0.03%	0.15%	0.03%
PANW	C	0.18%	0.54%	0.18%
PCAR	B	0.11%	0.25%	0.11%
PFE	D	0.18%	0.63%	0.18%
PG	A	0.95%	1.81%	0.95%
PHM	D	0.06%	0.12%	0.06%
PKG	A	0.04%	0.1%	0.04%
PLD	D	0.04%	0.48%	0.04%
PNR	A	0.03%	0.08%	0.03%
PODD	C	0.0%	0.08%	0.0%
POOL	C	0.03%	0.06%	0.03%
PPG	F	0.01%	0.13%	0.01%
PSX	C	0.14%	0.25%	0.14%
PTC	A	0.08%	0.1%	0.08%
PWR	A	0.01%	0.22%	0.01%
QCOM	F	0.32%	0.77%	0.32%
QRVO	F	0.0%	0.03%	0.0%
REG	B	0.01%	0.06%	0.01%
REGN	F	0.31%	0.35%	0.31%
RMD	C	0.05%	0.16%	0.05%
ROK	B	0.06%	0.14%	0.06%
ROL	B	0.08%	0.06%	0.06%
ROP	B	0.48%	0.26%	0.26%
ROST	C	0.02%	0.21%	0.02%
RVTY	F	0.01%	0.06%	0.01%
SLB	C	0.03%	0.28%	0.03%
SMCI	F	0.01%	0.06%	0.01%
SNA	A	0.04%	0.08%	0.04%
SNPS	B	0.12%	0.37%	0.12%
STE	F	0.01%	0.09%	0.01%
STLD	B	0.02%	0.1%	0.02%
SWK	D	0.01%	0.06%	0.01%
SYK	C	0.03%	0.63%	0.03%
TECH	D	0.0%	0.05%	0.0%
TER	D	0.02%	0.07%	0.02%
TFX	F	0.0%	0.04%	0.0%
TJX	A	0.35%	0.61%	0.35%
TMO	F	0.06%	0.87%	0.06%
TRMB	B	0.01%	0.08%	0.01%
TSCO	D	0.06%	0.13%	0.06%
TSLA	B	0.16%	4.25%	0.16%
TT	A	0.15%	0.42%	0.15%
TTWO	A	0.01%	0.14%	0.01%
TXN	C	0.48%	0.81%	0.48%
TYL	B	0.0%	0.11%	0.0%
UBER	D	0.01%	0.62%	0.01%
ULTA	F	0.06%	0.07%	0.06%
UPS	C	0.07%	0.43%	0.07%
VLO	C	0.08%	0.2%	0.08%
VLTO	D	0.05%	0.12%	0.05%
VMC	B	0.01%	0.16%	0.01%
VRT	B	0.0%	0.22%	0.0%
WAB	B	0.01%	0.15%	0.01%
WBA	F	0.04%	0.03%	0.03%
WDC	D	0.01%	0.09%	0.01%
WELL	A	0.02%	0.37%	0.02%
WLK	D	0.0%	0.02%	0.0%
WST	C	0.04%	0.1%	0.04%
WY	D	0.02%	0.1%	0.02%
XOM	B	0.47%	2.42%	0.47%
XYL	D	0.01%	0.13%	0.01%
ZBH	C	0.01%	0.1%	0.01%
ZBRA	B	0.01%	0.09%	0.01%

QWLD Overweight 420 Positions Relative to HLAL

Symbol	Grade	Weight
NVDA	C	2.53%
UNH	C	1.35%
V	A	1.21%
LLY	F	1.14%
NVS	D	0.79%
PEP	F	0.77%
TMUS	B	0.76%
COST	B	0.76%
WMT	A	0.76%
BRK.A	B	0.73%
MA	C	0.71%
MSI	B	0.65%
ACN	C	0.65%
JPM	A	0.6%
VZ	C	0.58%
NFLX	A	0.54%
WM	A	0.52%
MMC	B	0.51%
RSG	A	0.46%
SO	D	0.46%
IBM	C	0.46%
VRTX	F	0.43%
APH	A	0.43%
MCD	D	0.42%
LMT	D	0.42%
CB	C	0.4%
T	A	0.39%
BAC	A	0.39%
AMZN	C	0.37%
DUK	C	0.36%
CAT	B	0.36%
PGR	A	0.35%
ED	D	0.35%
ABBV	D	0.34%
GIS	D	0.33%
NOC	D	0.32%
KR	B	0.31%
GE	D	0.31%
TRV	B	0.3%
WFC	A	0.28%
AZO	C	0.28%
INTU	C	0.27%
UL	D	0.27%
WCN	A	0.27%
ACGL	D	0.26%
UNP	C	0.26%
HON	B	0.26%
HSBH	B	0.25%
GDDY	A	0.25%
C	A	0.25%
BLK	C	0.25%
ORCL	B	0.25%
ORLY	B	0.24%
CBOE	B	0.24%
MFG	B	0.24%
GILD	C	0.24%
K	A	0.23%
ELV	F	0.21%
BMY	B	0.21%
KHC	F	0.2%
CL	D	0.2%
WEC	A	0.2%
CTSH	B	0.2%
GM	B	0.19%
AJG	B	0.19%
ANET	C	0.19%
WMB	A	0.19%
GD	F	0.18%
CI	F	0.18%
KEYS	A	0.17%
CMCSA	B	0.17%
AON	A	0.17%
L	A	0.17%
CHKP	D	0.17%
GS	A	0.17%
ABBV	D	0.16%
HSY	F	0.16%
CVS	D	0.16%
CME	A	0.16%
AMGN	D	0.16%
TM	D	0.15%
TSN	B	0.15%
TGT	F	0.15%
YUM	B	0.15%
UTHR	C	0.15%
BAH	F	0.15%
INCY	C	0.15%
HD	A	0.15%
ZTS	D	0.15%
HUM	C	0.15%
CMG	B	0.14%
VRSN	F	0.14%
BRO	B	0.14%
SHW	A	0.14%
MUFG	B	0.14%
WRB	A	0.14%
MKL	A	0.13%
MCO	B	0.13%
ITW	B	0.13%
ERIE	D	0.12%
MS	A	0.12%
GEN	B	0.12%
AFL	B	0.12%
TD	F	0.12%
E	F	0.12%
NBIX	C	0.11%
KMB	D	0.11%
AVGO	D	0.11%
CSX	B	0.11%
BCS	C	0.11%
FCNCA	A	0.11%
DEO	F	0.11%
PNC	B	0.1%
DIS	B	0.1%
COF	B	0.1%
CNI	D	0.1%
PAYX	C	0.1%
SMFG	B	0.1%
XEL	A	0.09%
FI	A	0.09%
PSA	D	0.09%
CPB	D	0.09%
LYG	F	0.09%
TFC	A	0.09%
RTX	C	0.09%
AEE	A	0.09%
HRL	D	0.09%
USB	A	0.09%
AMP	A	0.09%
F	C	0.09%
ALL	A	0.08%
AMCR	D	0.08%
CPRT	A	0.08%
AIZ	A	0.08%
SONY	B	0.08%
STLA	F	0.08%
JKHY	D	0.07%
WBD	C	0.07%
MNST	C	0.07%
HMC	F	0.07%
AIG	B	0.07%
AEP	D	0.07%
SJM	D	0.07%
PM	B	0.07%
CDW	F	0.07%
WTW	B	0.07%
LOW	D	0.07%
NEE	D	0.06%
TPL	A	0.06%
MCHP	D	0.06%
LNG	B	0.06%
BBY	D	0.06%
TDY	B	0.06%
EOG	A	0.06%
EG	C	0.06%
D	C	0.06%
MOH	F	0.06%
LOGI	D	0.06%
DPZ	C	0.06%
AXP	A	0.06%
DE	A	0.06%
NVR	D	0.06%
VEEV	C	0.05%
LPLA	A	0.05%
MTB	A	0.05%
BTI	B	0.05%
CNC	D	0.05%
PRU	A	0.05%
DINO	D	0.05%
FICO	B	0.05%
MT	B	0.05%
CMS	C	0.05%
MET	A	0.05%
DECK	A	0.05%
BK	A	0.05%
TROW	B	0.05%
CHTR	C	0.05%
HCA	F	0.04%
SPGI	C	0.04%
SRE	A	0.04%
HPE	B	0.04%
SBUX	A	0.04%
MANH	D	0.04%
SYF	B	0.04%
KMI	A	0.04%
CFG	B	0.04%
WAT	B	0.04%
CAG	D	0.04%
MO	A	0.04%
MPWR	F	0.04%
SCHW	B	0.04%
BR	A	0.04%
WDAY	B	0.04%
TRGP	B	0.04%
DFS	B	0.04%
PYPL	B	0.04%
EME	C	0.04%
EIX	B	0.03%
AVY	D	0.03%
SWKS	F	0.03%
GGG	B	0.03%
SYY	B	0.03%
ETR	B	0.03%
BX	A	0.03%
FDS	B	0.03%
SW	A	0.03%
NSC	B	0.03%
CBRE	B	0.03%
LNT	A	0.03%
BKNG	A	0.03%
ICE	C	0.03%
HIG	B	0.03%
SOLV	C	0.03%
VTRS	A	0.03%
ETN	A	0.03%
OKE	A	0.03%
CSL	C	0.03%
HBAN	A	0.03%
WSO	A	0.03%
EXC	C	0.03%
OC	A	0.03%
PCG	A	0.03%
STT	A	0.03%
RF	A	0.03%
DRI	B	0.03%
FITB	A	0.03%
WSM	B	0.03%
ALLY	C	0.02%
EQIX	A	0.02%
KMX	B	0.02%
TTC	D	0.02%
MKTX	D	0.02%
NRG	B	0.02%
ACI	C	0.02%
EQT	B	0.02%
SQ	B	0.02%
AOS	F	0.02%
APO	B	0.02%
RS	B	0.02%
SEIC	B	0.02%
JBL	B	0.02%
NMR	B	0.02%
NTRS	A	0.02%
DTE	C	0.02%
OVV	B	0.02%
SPG	B	0.02%
AER	B	0.02%
CINF	A	0.02%
MOS	F	0.02%
FIS	C	0.02%
RJF	A	0.02%
AFG	A	0.02%
PFG	D	0.02%
CTRA	B	0.02%
DLR	B	0.02%
PAYC	B	0.02%
VICI	C	0.02%
PH	A	0.02%
NDSN	B	0.02%
GPN	B	0.02%
URI	B	0.02%
AMT	D	0.02%
PEG	A	0.02%
O	D	0.02%
DKS	C	0.02%
EPAM	C	0.02%
KKR	A	0.02%
ALLE	D	0.02%
FCX	D	0.02%
KEY	B	0.02%
LHX	C	0.02%
APA	D	0.02%
DASH	A	0.01%
CPT	B	0.01%
WTRG	B	0.01%
CTLT	B	0.01%
MGM	D	0.01%
VRSK	A	0.01%
RPRX	D	0.01%
SBAC	D	0.01%
MBAVU	D	0.01%
RCL	A	0.01%
HST	C	0.01%
GLPI	C	0.01%
DVA	B	0.01%
RPM	A	0.01%
HII	D	0.01%
TRU	D	0.01%
FOX	A	0.01%
AVTR	F	0.01%
SUI	D	0.01%
CLX	B	0.01%
IRM	D	0.01%
CCL	B	0.01%
MAS	D	0.01%
WPC	D	0.01%
STX	D	0.01%
CE	F	0.01%
INVH	D	0.01%
EFX	F	0.01%
TWLO	A	0.01%
HLT	A	0.01%
HSIC	B	0.01%
ESS	B	0.01%
BEN	C	0.01%
CG	A	0.01%
FTNT	C	0.01%
COIN	C	0.01%
DOC	D	0.01%
MRNA	F	0.01%
AES	F	0.01%
CCEP	C	0.01%
ACM	A	0.01%
HWM	A	0.01%
BXP	D	0.01%
MAA	B	0.01%
ZM	B	0.01%
CHRD	D	0.01%
CCK	C	0.01%
AGCO	D	0.01%
STZ	D	0.01%
TDG	D	0.01%
BALL	D	0.01%
SSNC	B	0.01%
AWK	D	0.01%
CPAY	A	0.01%
WFG	D	0.01%
ABNB	C	0.01%
SE	B	0.01%
EMN	D	0.01%
KNX	B	0.01%
LDOS	C	0.01%
VTR	C	0.01%
TXT	D	0.01%
NDAQ	A	0.01%
OTIS	C	0.01%
BSY	D	0.01%
NI	A	0.01%
KIM	A	0.01%
EXPE	B	0.01%
EQR	B	0.01%
EQH	B	0.01%
UHS	D	0.01%
IQV	D	0.01%
J	F	0.01%
FNF	B	0.01%
AVB	B	0.01%
MAR	B	0.01%
CNP	B	0.01%
CRBG	B	0.01%
EVRG	A	0.01%
VST	B	0.01%
CHRW	C	0.01%
DG	F	0.01%
AME	A	0.01%
FOXA	B	0.01%
BAX	D	0.01%
MELI	D	0.01%
TAP	C	0.01%
BA	F	0.01%
FE	C	0.01%
EXR	D	0.01%
ECL	D	0.01%
CCI	D	0.01%
ES	D	0.01%
PPL	B	0.01%
CNH	C	0.01%
PARA	C	0.01%
ENPH	F	0.01%
GLBE	B	0.0%
IOT	A	0.0%
NET	B	0.0%
RBLX	C	0.0%
XRX	F	0.0%
DDOG	A	0.0%
DKNG	B	0.0%
TOST	B	0.0%
SNAP	C	0.0%
H	B	0.0%
PSTG	D	0.0%
FUTU	D	0.0%
HEI	B	0.0%
PINS	D	0.0%
DT	C	0.0%
DAY	B	0.0%
SNOW	C	0.0%
DOCU	A	0.0%
EXAS	D	0.0%
GRAB	B	0.0%
ROKU	D	0.0%
WYNN	D	0.0%
DXCM	D	0.0%
CRWD	B	0.0%
MSTR	C	0.0%
LII	A	0.0%
TTD	B	0.0%
ELS	C	0.0%
HOOD	B	0.0%
ENTG	D	0.0%
TW	A	0.0%
HEI	B	0.0%
RIVN	F	0.0%
Z	A	0.0%
MTCH	D	0.0%
LYV	A	0.0%
QGEN	D	0.0%
LW	C	0.0%
APP	B	0.0%
BBWI	D	0.0%
MSCI	C	0.0%
CSGP	D	0.0%
LVS	C	0.0%
BIO	D	0.0%
UDR	B	0.0%
OTEX	D	0.0%
AMH	D	0.0%
PLTR	B	0.0%
UHAL	D	0.0%
ARES	A	0.0%
FBIN	D	0.0%

QWLD Underweight 7 Positions Relative to HLAL

Symbol	Grade	Weight
FLEX	A	-0.07%
ICLR	D	-0.07%
SCCO	F	-0.04%
UAL	A	-0.03%
NWS	B	-0.02%
GFS	C	-0.02%
AGR	B	-0.01%