Wahed Ftse Usa Etf Profile
| HLAL Etf | USD 52.96 0.24 0.45% |
Performance5 of 100
| Odds Of DistressLess than 9
|
Wahed FTSE is selling for 52.96 as of the 28th of November 2024. This is a 0.45 percent decrease since the beginning of the trading day. The etf's lowest day price was 52.83. Wahed FTSE has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Wahed FTSE USA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The index is composed of common stocks of large- and mid-capitalization U.S. companies the characteristics of which meet the requirements of Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Wahed FTSE is traded on NASDAQ Exchange in the United States.. More on Wahed FTSE USA
Moving together with Wahed Etf
| 0.93 | VTI | Vanguard Total Stock | PairCorr |
| 0.94 | SPY | SPDR SP 500 Aggressive Push | PairCorr |
| 0.94 | IVV | iShares Core SP | PairCorr |
| 0.93 | VIG | Vanguard Dividend | PairCorr |
| 0.94 | VV | Vanguard Large Cap | PairCorr |
| 0.94 | RSP | Invesco SP 500 Sell-off Trend | PairCorr |
Moving against Wahed Etf
Wahed Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Large Blend, Wahed Invest (View all Sectors) |
| Issuer | Wahed Invest |
| Inception Date | 2019-07-16 |
| Benchmark | FTSE Shariah USA Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 570.36 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Wahed Invest LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Quasar Distributors, LLC |
| Portfolio Manager | Samim Abedi |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | NASDAQ |
| Number of Constituents | 202 |
| Market Maker | Latour Trading |
| Total Expense | 0.5 |
| Management Fee | 0.5 |
| Country Name | USA |
| Returns Y T D | 17.53 |
| Name | Wahed FTSE USA Shariah ETF |
| Currency Code | USD |
| Open Figi | BBG00PPRBND0 |
| In Threey Volatility | 17.27 |
| 1y Volatility | 12.21 |
| 200 Day M A | 49.8124 |
| 50 Day M A | 51.9214 |
| Code | HLAL |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.34 |
Wahed FTSE USA [HLAL] is traded in USA and was established 2019-07-15. The fund is listed under Large Blend category and is part of Wahed Invest family. The entity is thematically classified as Strategy ETFs. Wahed FTSE USA currently have 158.42 M in assets under management (AUM). , while the total return for the last 3 years was 9.9%.
Check Wahed FTSE Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Wahed Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Wahed Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Wahed FTSE USA Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Wahed FTSE USA Etf Constituents
| MDT | Medtronic PLC | Stock | Health Care | |
| XOM | Exxon Mobil Corp | Stock | Energy | |
| TSLA | Tesla Inc | Stock | Consumer Discretionary | |
| TMO | Thermo Fisher Scientific | Stock | Health Care | |
| PG | Procter Gamble | Stock | Consumer Staples | |
| PFE | Pfizer Inc | Stock | Health Care | |
| MSFT | Microsoft | Stock | Information Technology | |
| MRK | Merck Company | Stock | Health Care |
Wahed FTSE USA Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Wahed FTSE. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.0699 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.06) |
Wahed FTSE Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Wahed FTSE USA. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Wahed FTSE USA is measured differently than its book value, which is the value of Wahed that is recorded on the company's balance sheet. Investors also form their own opinion of Wahed FTSE's value that differs from its market value or its book value, called intrinsic value, which is Wahed FTSE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wahed FTSE's market value can be influenced by many factors that don't directly affect Wahed FTSE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wahed FTSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wahed FTSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wahed FTSE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.