Wahed Ftse Usa Etf Profile

HLAL Etf  USD 47.75  0.39  0.82%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 9

 
100  
 
Zero
Low
Wahed FTSE is selling for 47.75 as of the 19th of March 2024. This is a 0.82 percent up since the beginning of the trading day. The etf's lowest day price was 47.73. Wahed FTSE has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok 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 25th of November 2022 and ending today, the 19th of March 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

  0.94VTI Vanguard Total StockPairCorr
  0.94SPY SPDR SP 500PairCorr
  0.94IVV IShares Core SPPairCorr
  0.93VIG Vanguard DividendPairCorr
  0.95VV Vanguard Large-Cap IndexPairCorr
  0.82RSP Invesco SP 500PairCorr
  0.94IWB IShares Russell 1000PairCorr

Moving against Wahed Etf

  0.78FXY Invesco CurrencySharesPairCorr
  0.48GMET VanEck Vectors ETFPairCorr
  0.45ULE ProShares Ultra EuroPairCorr

Wahed Etf Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Wahed FTSE's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Wahed FTSE or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationTheme ETFs, Strategy ETFs, Large Blend, Wahed Invest (View all Sectors)
IssuerWahed Invest
Inception Date2019-07-16
BenchmarkFTSE Shariah USA Index
Entity TypeRegulated Investment Company
Asset Under Management407.41 Million
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorU.S. Bancorp Fund Services, LLC
AdvisorWahed Invest LLC
CustodianU.S. Bank, N.A.
DistributorQuasar Distributors, LLC
Portfolio ManagerSamim Abedi
Transfer AgentU.S. Bank, N.A.
Fiscal Year End31-Oct
ExchangeNASDAQ
Number of Constituents220
Market MakerLatour Trading
Total Expense0.5
Management Fee0.5
Country NameUSA
Returns Y T D4.18
NameWahed FTSE USA Shariah ETF
Currency CodeUSD
Open FigiBBG00PPRBND0
In Threey Volatility17.66
1y Volatility13.85
200 Day M A43.739
50 Day M A46.6526
CodeHLAL
Updated At18th of March 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.63
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 Theme ETFs. Wahed FTSE USA currently have 158.42 M in assets under management (AUM). , while the total return for the last 3 years was 11.5%.
Check Wahed FTSE Probability Of Bankruptcy

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

MDTMedtronic PLCStockHealth Care
XOMExxon Mobil CorpStockEnergy
TSLATesla IncStockConsumer Discretionary
TMOThermo Fisher ScientificStockHealth Care
PGProcter GambleStockConsumer Staples
PFEPfizer IncStockHealth Care
MSFTMicrosoftStockInformation Technology
More Details

Wahed FTSE Target Price Odds Analysis

Proceeding from a normal probability distribution, the odds of Wahed FTSE jumping above the current price in 90 days from now is about 8.73%. The Wahed FTSE USA probability density function shows the probability of Wahed FTSE etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Wahed FTSE USA has a beta of -0.1118. This usually indicates as returns on benchmark increase, returns on holding Wahed FTSE are expected to decrease at a much lower rate. During the bear market, however, Wahed FTSE USA is likely to outperform the market. Additionally, the company has an alpha of 0.1151, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 47.75HorizonTargetOdds Above 47.75
91.09%90 days
 47.75 
8.73%
Based on a normal probability distribution, the odds of Wahed FTSE to move above the current price in 90 days from now is about 8.73 (This Wahed FTSE USA probability density function shows the probability of Wahed Etf to fall within a particular range of prices over 90 days) .

Wahed FTSE USA Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Wahed FTSE market risk premium is the additional return an investor will receive from holding Wahed FTSE long position in a well-diversified portfolio. 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. Although Wahed FTSE's alpha and beta are two of the key measurements used to evaluate Wahed FTSE's performance over the market, the standard measures of volatility play an important role as well.

Wahed FTSE Against Markets

Picking the right benchmark for Wahed FTSE etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Wahed FTSE etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Wahed FTSE is critical whether you are bullish or bearish towards Wahed FTSE USA at a given time. Please also check how Wahed FTSE's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Wahed FTSE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Wahed Etf?

Before investing in Wahed FTSE, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Wahed FTSE. To buy Wahed FTSE etf, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Wahed FTSE. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Wahed FTSE etf. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Wahed FTSE USA etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Wahed FTSE USA etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Wahed FTSE USA, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Wahed Etf please use our How to Invest in Wahed FTSE guide.

Already Invested in Wahed FTSE USA?

The danger of trading Wahed FTSE USA is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wahed FTSE is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wahed FTSE. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wahed FTSE USA is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Wahed FTSE USA is a strong investment it is important to analyze Wahed FTSE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Wahed FTSE's future performance. For an informed investment choice regarding Wahed Etf, refer to the following important reports:
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 tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Wahed FTSE USA information on this page should be used as a complementary analysis to other Wahed FTSE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Complementary Tools for Wahed Etf analysis

When running Wahed FTSE's price analysis, check to measure Wahed FTSE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wahed FTSE is operating at the current time. Most of Wahed FTSE's value examination focuses on studying past and present price action to predict the probability of Wahed FTSE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wahed FTSE's price. Additionally, you may evaluate how the addition of Wahed FTSE to your portfolios can decrease your overall portfolio volatility.
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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.