Wahed Etf Profile

HLAL -  USA Etf  

USD 39.13  0.16  0.41%

Wahed FTSE is selling for 39.13 as of the 16th of September 2021. This is a -0.41 percent decrease since the beginning of the trading day. The etf's lowest day price was 38.9. Wahed FTSE has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over 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 27th of September 2019 and ending today, the 16th of September 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 1

Wahed FTSE Etf Profile

The investment seeks to track the total return performance, before fees and expenses, of the FTSE USA Shariah Index. Wahed FTSE is traded on NYSEArca Exchange in the United States. more on Wahed FTSE
Wahed FTSE USA generates negative expected return over the last 90 days
Wahed FTSE USA is unlikely to experience financial distress in the next 2 years
The fund retains all of its assets under management (AUM) in equities
Legal NameWahed FTSE USA
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Wahed FTSE's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
IssuerWahed Invest
DescriptionWahed FTSE USA Shariah ETF
Inception Date2019-07-16
BenchmarkFTSE Shariah USA Index
Entity TypeRegulated Investment Company
Asset Under Management140.62 Million
Asset TypeEquity
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
ExchangeNYSE Arca, Inc.
Number of Constituents220
Total Expense0.5
Management Fee0.5
Nav Price38.71
Two Hundred Day Average37.01
Average Daily Volume In Three Month19.61k
Fifty Two Week Low28.59
As Of Date30th of June 2021
Average Daily Volume Last 10 Day24k
Fifty Two Week High40.06
One Month3.35%
Fifty Day Average39.25
Three Month6.91%
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. Wahed FTSE USA currently have 116.64 M in assets under management (AUM). , while the total return for the last year was 42.38%.
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 FTSE , and the less return is expected.

Top Wahed FTSE USA Constituents

Wahed FTSE Target Price Odds Analysis

What are Wahed FTSE's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Wahed FTSE jumping above the current price in 90 days from now is about 81.97%. 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 has a beta of 0.9219. This usually indicates Wahed FTSE USA market returns are highly reactive to returns on the market. As the market goes up or down, Wahed FTSE is expected to follow. Additionally, the company has an alpha of 0.0616, implying that it can generate a 0.0616 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 39.13HorizonTargetOdds Up 39.13 
17.29%90 days
Based on a normal probability distribution, the odds of Wahed FTSE to move above the current price in 90 days from now is about 81.97 (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 Major Institutional Holders

Institutional Holdings refers to the ownership stake in Wahed FTSE that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Wahed FTSE's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Wahed FTSE's value.
InstituionSecurity TypeTotal SharesValue
Flow Traders Us LlcFund Units12.5 K473 K
View Wahed FTSE Diagnostics

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 USA Technical Analysis

The output start index for this execution was zero with a total number of output elements of seventeen. Wahed FTSE USA Square Root Of Price Series is a mathematical transformation function. View also all equity analysis or get more info about square root of price series math transform indicator.

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.

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 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.

Did you try this?

Run Idea Analyzer Now


Idea Analyzer

Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
All  Next Launch Module
Please check Risk vs Return Analysis. 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Wahed Etf analysis

When running Wahed FTSE USA 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 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.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Equity Search
Search for activelly traded equities including funds and ETFs from over 30 global markets
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Equity Valuation
Check real value of public entities based on technical and fundamental data
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
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 USA underlying business (such as 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 Wahed FTSE value 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.