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HLALvsSPUSETF Comparison

ETF 1

HLAL

Wahed FTSE USA Shariah ETF

This fund is part of

US Large Cap

-1.75%

Full HLAL fund page

VS

ETF 2

SPUS

SP Funds S&P 500 Sharia Industry Exclusions ETF

This fund is part of

US Large Cap

-1.75%

Full SPUS fund page

Wahed FTSE USA Shariah ETF (HLAL) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) belong to the same industry segment: US Large Cap. HLAL's top 3 sector exposures are Information Technology, Communication Services and Health Care. In contrast, SPUS's top sector exposures are Information Technology, Health Care and Consumer Discretionary. HLAL is more expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.45% for SPUS. HLAL is down -5.05% year-to-date (YTD) with +$42M in YTD flows. SPUS performs worse with -6.27% YTD performance, and +$252M in YTD flows. Run a side-by-side ETF comparison of HLAL and SPUS below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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HLAL vs SPUS performance and flow charts

Performance

Cumulative Flows

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Data Services

Historic performance and flows

Data as of 03/26/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	HLAL SPUS	-6.79%-6.93%	-6.01%-7.51%	-5.05%-6.27%	+18.33%+20.53%	+59.23%+74.46%	+74.11%+92.13%
Flows	HLAL SPUS	+$11M+$80M	+$48M+$274M	+$42M+$252M	+$46M+$697M	+$312M+$1.49B	+$430M+$1.64B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	HLAL SPUS	+13.28%+15.23%	+19.57%+21.19%	+15.79%+17.58%	+17.71%+19.36%
Max drawdown	HLAL SPUS	-8.03%-8.46%	-14.32%-14.07%	-21.86%-22.95%	-23.16%-28.01%
Max drawdown duration	HLAL SPUS	57d57d	44d44d	217d155d	555d714d

Trading data

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	HLAL	SPUS
Last sale 3/27/2026 at 1:30 PM	$57.91	$47.03
Previous close 03/26/2026	$58.84	$47.76
Consolidated volume 03/26/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of February 27, 2026

1-year trailing difference

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	HLAL	SPUS
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 3/27/2026 at 1:30 PM

Live

Closed

	HLAL	SPUS
Last price	$57.91	$47.03
1D performance	-1.58%	-1.53%
AuM	$715.95 M	$2.02 B
E/R	0.5%	0.45%

Characteristics

	HLAL	SPUS
Management strategy	Passive	Passive
Provider	Wahed	SPFunds
Benchmark	FTSE USA Shariah Index	S&P 500 Sharia Industry Exclusions Index
N° of holdings	178	200
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	July 15, 2019	December 18, 2019
ESG	Yes	Yes

More HLAL data on Trackinsight

More SPUS data on Trackinsight

Exposure

Countries

HLAL

USA

95.77%

Other

4.23%

SPUS

USA

96.48%

Other

3.52%

Sectors

HLAL

Information Techn.

38.67%

Communication Ser.

18.04%

Health Care

13.9%

Other

29.39%

SPUS

Information Techn.

52.76%

Health Care

12.65%

Consumer Discreti.

8.39%

Other

26.2%

Diversification

HLAL

Total weight of top 15 holdings out of 15

60.98%

SPUS

Total weight of top 15 holdings out of 15

62.25%

Top 15 holdings

Data as of February 28, 2026

HLAL

APPLE

14.39%

MICROSOFT-T

10.47%

ALPHABET INC-CL

6.56%

ALPHABET INC-CL

5.34%

META PLATFORMS

5.06%

TESLA

4.19%

LILLY

2.66%

EXXON

2.29%

JOHNSON&JOHNSON

2.15%

MICRON TECHNOLOGY

1.69%

PROCTERGAMBLE

1.41%

CHEVRON TEXACO

1.26%

ADVANCED MICRO DEVICES

1.25%

CISCO-T

1.13%

MERCK & CO INC

1.13%

SPUS

NVIDIA

14.27%

APPLE

12.25%

MICROSOFT-T

8.80%

ALPHABET INC-CL

5.51%

BROADCOM LIMITED

4.68%

TESLA

3.50%

LILLY

2.52%

EXXON

1.92%

JOHNSON&JOHNSON

1.81%

MICRON TECHNOLOGY

1.43%

ABBVIE

1.22%

PROCTERGAMBLE

1.17%

HOME DEPOT

1.17%

ADVANCED MICRO DEVICES

1.06%

CISCO-T

0.94%

Frequently asked questions about HLAL and SPUS

How have the HLAL and SPUS ETFs performed in 2026?

As of March 26, 2026, HLAL is down -5.05% year-to-date (YTD), while SPUS has lost -6.27%. That puts HLAL better performer ahead so far this year.

Which ETF is attracting more investor money: HLAL or SPUS?

Year-to-date, the HLAL ETF saw +$42M in flows, compared to +$252M for SPUS.

Which ETF is more volatile: HLAL or SPUS?

Over the past year, HLAL had a volatility of 19.57%, while SPUS experienced 21.19%.

Which ETF is bigger: HLAL or SPUS?

As of March 26, 2026, HLAL holds $715.95 M in assets under management (AUM), while SPUS manages $2.02 B.

What sectors do the HLAL and SPUS ETFs invest in?

HLAL leans toward sectors like Information Technology, Communication Services and Health Care. Meanwhile, SPUS focuses on Information Technology, Health Care and Consumer Discretionary.

HLALvsSPUSETF Comparison

Wahed FTSE USA Shariah ETF

SP Funds S&P 500 Sharia Industry Exclusions ETF

HLAL vs SPUS performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the HLAL and SPUS ETFs performed in 2026?

As of March 26, 2026, HLAL is down -5.05% year-to-date (YTD), while SPUS has lost -6.27%. That puts HLAL better performer ahead so far this year.

Which ETF is attracting more investor money: HLAL or SPUS?

Year-to-date, the HLAL ETF saw +$42M in flows, compared to +$252M for SPUS.

Which ETF is more volatile: HLAL or SPUS?

Over the past year, HLAL had a volatility of 19.57%, while SPUS experienced 21.19%.

Which ETF is bigger: HLAL or SPUS?

As of March 26, 2026, HLAL holds $715.95 M in assets under management (AUM), while SPUS manages $2.02 B.

What sectors do the HLAL and SPUS ETFs invest in?

HLAL leans toward sectors like Information Technology, Communication Services and Health Care. Meanwhile, SPUS focuses on Information Technology, Health Care and Consumer Discretionary.

What are the top holdings of the HLAL ETF and SPUS ETF?

HLAL top holdings include APPLE, MICROSOFT-T and ALPHABET INC-CL. SPUS holds in its top three: NVIDIA, APPLE and MICROSOFT-T.

Which ETF is more diversified: HLAL or SPUS?

HLAL holds 196 securities with 60.98% of its assets in the top 15. SPUS has 211 securities and a top 15 weight of 62.25%.

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