HLAL vs SPUS
Wahed FTSE USA Shariah ETF against SP Funds S&P 500 Sharia ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
74%
139 shared positions
Fee gap
5 bp
SPUS is cheaper
1-year return gap
5.3 pts
HLAL is ahead
Larger fund
SPUS
$3.4B
Side by side
| HLAL | SPUS | |
|---|---|---|
| Fund | Wahed FTSE USA Shariah ETF | SP Funds S&P 500 Sharia ETF |
| Issuer | Wahed | SP |
| Category | ESG & Values | Large Cap Blend |
| Expense ratio | 0.50% | 0.45% |
| Assets | $994M | $3.4B |
| Average daily dollar volume | $3.9M | $23M |
| Listed | Jul 15, 2019 | Dec 17, 2019 |
| FrenzyCap score | 50 | 64 |
| 1-month return | +4.9% | +4.6% |
| 3-month return | +6.8% | +6.6% |
| Year to date | +22.4% | +19.0% |
| 1-year return | +26.2% | +20.8% |
| 30-day volatility | 11.6% | 11.2% |
| Worst drawdown, 1 year | −10.3% | −10.8% |
| Trailing 12-month yield | 0.35% | 0.50% |
| Holdings | 208 | 215 |
| Top 10 weight | 55.5% | 57.9% |
| Look-through P/E | 30.3 | 30.8 |
| Holdings vs fair value | −2.0% | −2.5% |
| Holdings above 200-day average | 79% | 78% |
| Net flow, latest 3 reported months | +$35M thru May 2026 | +$287M thru May 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of May 31, 2026SEC filing | as of May 31, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
80% of HLAL · 74% of SPUS| Holding | HLAL | SPUS |
|---|---|---|
| AAPL | 13.22% | 12.06% |
| MSFT | 9.51% | 8.80% |
| GOOGL | 6.31% | 5.83% |
| AVGO | 5.83% | 5.58% |
| TSLA | 3.58% | 3.21% |
| MU | 3.24% | 2.86% |
| LLY | 2.43% | 2.29% |
| AMD | 2.34% | 2.20% |
| XOM | 1.72% | 1.59% |
| JNJ | 1.53% | 1.42% |
| CSCO | 1.35% | 1.25% |
| LRCX | 1.12% | 1.04% |
| AMAT | 0.99% | 0.94% |
| PG | 0.97% | 0.87% |
| MRK | 0.84% | 0.77% |
| TXN | 0.81% | 0.74% |
| IBM | 0.79% | 0.73% |
| QCOM | 0.76% | 0.72% |
| GEV | 0.74% | 0.69% |
| KLAC | 0.72% | 0.67% |
| SNDK | 0.71% | 0.62% |
| Linde PLC | 0.67% | 0.62% |
| PANW | 0.64% | 0.59% |
| ADI | 0.57% | 0.55% |
| TMO | 0.53% | 0.49% |
Sector mix of the stock holdings
| Sector | HLAL | SPUS | Gap |
|---|---|---|---|
| Technology | 66.0% | 65.1% | +0.9% |
| Health Care | 9.1% | 9.3% | −0.2% |
| Industrials | 5.7% | 6.8% | −1.0% |
| Consumer Discretionary | 5.1% | 6.4% | −1.3% |
| Energy | 4.2% | 2.6% | +1.6% |
| Consumer Staples | 3.1% | 2.7% | +0.4% |
| Materials | 1.8% | 2.2% | −0.4% |
| Real Estate | 0.8% | 1.1% | −0.3% |
| Utilities | 0.2% | 0.6% | −0.3% |
| Communication Services | 0.7% | 0.0% | +0.7% |
| Financials | 0.1% | 0.1% | +0.1% |
More: full overlap table · HLAL holdings · SPUS holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.