Wahed Etf Profile

HLAL -  USA Etf  

USD 37.12  0.65  1.78%

Market Performance
0 of 100
Odds Of Distress
Less than 20
Wahed FTSE is selling for 37.12 as of the 23rd of May 2022. This is a 1.78 percent up since the beginning of the trading day. The etf's lowest day price was 36.74. Wahed FTSE has about a 20 % chance of experiencing some form of financial distress in the next two years of operation 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 22nd of February 2022 and ending today, the 23rd of May 2022. 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 the Shariah and are consistent with Islamic principles as interpreted by subject-matter experts. Wahed FTSE is traded on NYSEArca Exchange in the United States.. More on Wahed FTSE USA

Wahed FTSE 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. 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.
Wahed FTSE USA generated a negative expected return over the last 90 days
The fund retains all of its assets under management (AUM) in equities
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 SellUndervalued
IssuerWahed Invest
DescriptionWahed FTSE USA Shariah ETF
Inception Date2019-07-16
BenchmarkFTSE Shariah USA Index
Entity TypeRegulated Investment Company
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 Constituents236
Market MakerLatour Trading
Total Expense0.5
Management Fee0.5
Nav Price37.5
Two Hundred Day Average40.22
Ytd-15.20%
Average Daily Volume In Three Month23k
Fifty Two Week Low35.9
As Of Date11th of May 2022
Average Daily Volume Last 10 Day24.61k
Fifty Two Week High43.81
One Month-9.79%
Fifty Day Average39.8
Three Month-8.85%
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 162.32 M in assets under management (AUM). , while the total return for the last year was 1.59%.
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 under 95%. 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 -0.087. 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 a negative alpha, implying that the risk taken by holding this instrument is not justified. Wahed FTSE USA is significantly underperforming DOW.
  Odds Below 37.12HorizonTargetOdds Above 37.12
5.70%90 days
 37.12 
94.22%
Based on a normal probability distribution, the odds of Wahed FTSE to move above the current price in 90 days from now is under 95 (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
Susquehanna International Group LlpFund Units27.7 K1.2 M
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

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. Wahed FTSE USA Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Wahed FTSE price patterns.
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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.

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Investing Wahed FTSE USA

You need to understand the risk of investing before taking a position in Wahed FTSE. 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.
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 Anywhere module to track or share privately all of your investments from the convenience of any device.

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.
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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 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.