What is HLAL's expense ratio?

Wahed FTSE USA Shariah ETF charges a net expense ratio of 0.500%.

How large is Wahed FTSE USA Shariah ETF?

HLAL holds $983.12M in assets under management.

What index does HLAL track?

Wahed FTSE USA Shariah ETF tracks FTSE USA Shariah as its primary benchmark.

When did HLAL launch?

Wahed FTSE USA Shariah ETF launched on July 15, 2019.

What currency does HLAL trade in?

HLAL trades in USD on Nasdaq - All Markets.

Wahed FTSE USA Shariah ETF

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HLAL USExchange-Traded Fund

$72.65

US Large Blend US Shariah-compliant

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About this fund

Wahed FTSE USA Shariah ETF (HLAL) is a Sharia ETF managed by Wahed Invest, listed on Nasdaq - All Markets, quoted in USD. It charges a 0.50% net expense ratio and holds $983.12M in assets as of Sep 27, 2026. The fund launched on Jul 15, 2019.

Benchmark: FTSE USA ShariahTotal return, USD
Advisor: Wahed Invest LLC
Distribution: Quarterly

AUM: $983.12M
Expense Ratio: 0.50%
Yield (12-mo): 0.30%
Morningstar Rating
Benchmark: FTSE USA Shariah
52-Week Range
Avg Daily Vol: 55.4K
Inception: Jul 15, 2019

NAV & premium/discount

as of Sep 25, 2026

NAV

$75.34

Premium / Discount

+0.04%

Median Prem/Disc (1Y)

+0.02%

52-Wk NAV High

$75.51

52-Wk NAV Low

$57.44

Premium/discount is how far the market price trades above (+) or below (−) the fund's net asset value (reported in USD).

Risk metrics

vs benchmark FTSE USA Shariah · Total return, USD

3-year risk statistics are not currently available for this fund.

Risk statistics are 3-year, month-end-based.

Trailing returns

As of Sep 27, 2026

+0.56%

+2.29%

+4.75%

+8.19%

+25.67%

YTD

+21.85%

+28.65%

3Y ann.

+22.49%

5Y ann.

+14.90%

10Y ann.

—

Calendar-year returns

Morningstar daily closes

Trading & liquidity

as of Sep 25, 2026

Avg Vol (1W)

51.1K

Avg Vol (1M)

52.9K

Avg Vol (3M)

55.4K

Avg Vol (1Y)

67.7K

Avg Spread

0.064%

Average daily share volume over each trailing window. Spread is the average bid-ask spread as a percentage of price — lower means cheaper to trade.

Top 10 holdings

Source: Morningstar

Fees & expenses

Net expense

0.50%

Gross expense

0.50%

Management fee

0.50%

Distributions

Frequency: Quarterly

12-month yield

0.30%

Recent payments per share (USD)

Jun 25, 2026

0.0190 USD

Mar 26, 2026

0.0770 USD

Dec 24, 2025

0.0772 USD

Sep 24, 2025

0.1500 USD

Classification

Shariah-compliant

Category: Equity – Broad Market US Large Blend
Asset class: Equity
Strategy: Passive
Region: US
Issuer: Wahed Invest
Branding: Wahed

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Frequently asked questions

What is HLAL's expense ratio?: Wahed FTSE USA Shariah ETF charges a net expense ratio of 0.500%.
How large is Wahed FTSE USA Shariah ETF?: HLAL holds $983.12M in assets under management.
What index does HLAL track?: Wahed FTSE USA Shariah ETF tracks FTSE USA Shariah as its primary benchmark.
When did HLAL launch?: Wahed FTSE USA Shariah ETF launched on July 15, 2019.
What currency does HLAL trade in?: HLAL trades in USD on Nasdaq - All Markets.

News & analysis on HLAL

Reports

SPUS vs. HLAL: Comparing Two Shariah-Compliant US Equity ETFs

SPUS and HLAL are two leading Shariah-compliant US equity ETFs for GCC investors. While both offer diversified exposure to screened US stocks, they differ in index construction, sector tilt, fees, and performance.

August 27, 2026