HLALWahed FTSE USA Shariah ETF
HLAL Fund Description
HLAL tracks a principles-selected, market-cap-weighted index of US equities.
HLAL Factset Analytics Insight
HLAL invests in US equities that conform to Shariah standards. Securities are screened to determine their Shariah status based on their business activities and certain financial ratios. More importantly, businesses involved in certain activities are prohibited from inclusion in the index. Examples of such activities include conventional finance, alcohol production or sale, pork-related products or non-halal food-related businesses, casino management, adult entertainment, tobacco production/sales, and weapons-related businesses. HLAL includes large- and midcap equities.
HLAL MSCI ESG Analytics Insight
Wahed FTSE USA Shariah ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.12 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Wahed FTSE USA Shariah ETF ranks in the 28th percentile within its peer group and in the 6th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HLAL MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
HLAL Summary Data
HLAL Portfolio Data
HLAL Index Data
HLAL Portfolio Management
HLAL Tax Exposures
HLAL Fund Structure
HLAL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HLAL. HLAL is rated a 5 out of 5.
HLAL Sector/Industry Breakdown
HLAL Economic Development
HLAL Performance Statistics
HLAL MSCI ESG Ratings
HLAL Benchmark Comparison Summary
HLAL Benchmark Comparison Market Cap Size