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Upturn AI Summary
Wahed FTSE USA Shariah ETF(HLAL)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for HLAL
10/28/2026: HLAL (2-star) is a SELL. SELL for 3 days. Simulated Profits (0.91%). Updated daily EoD!
HLAL is a prominent, Shariah-compliant ETF that provides exposure to a diversified basket of US large-cap equities. It achieves this by excluding companies involved in prohibited industries and those with high debt levels, naturally tilting the portfolio toward growth sectors like technology. Its primary strengths are its alignment with Islamic principles and its focus on companies with stronger balance sheets. Investors should be aware of its sector concentration risk, particularly the lack of financial services exposure, which can create performance divergence from the broader market. It is best suited for long-term investors prioritizing both ethical compliance and equity growth.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Strong fit | The portfolio is tilted toward growth-oriented sectors like technology, which often meet the strict debt-to-asset criteria of the fund. |
| Momentum investor | Strong fit while signal remains positive | The fund often mirrors the momentum of the US large-cap technology sector, performing well when these companies lead the market. |
| Value investor | Mixed fit | Value investors may find the exclusion of traditional financial services and high-debt firms restrictive. |
| Dividend/Income investor | Mixed fit | While it holds profitable companies, the focus on growth over dividends limits its utility for primary income generation. |
| Low-risk investor | Weak fit | As an equity-focused fund, it remains subject to standard market volatility and concentration risks. |
Investor Profile
Ideal Investor Profile
The ideal investor is someone seeking long-term US equity exposure that aligns with Shariah-compliant financial standards.
Suitability
Best suited for long-term passive index followers who prioritize value alignment alongside market participation.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | The fund's concentration in specific sectors can lead to performance swings compared to the broader market. |
| Market risk | Medium / high | As an equity ETF, it is inherently exposed to broad US market downturns. |
| Concentration | High | Exclusionary screens lead to an overweighting in technology and a total lack of financial sector exposure. |
| Tracking/expense | Low | The fund demonstrates reliable tracking of its benchmark with a transparent fee structure. |
| Liquidity | Medium | While adequate for retail, the niche nature can lead to larger spreads during periods of extreme market stress. |
| Business/sector quality | Low | Shariah screening inherently filters out companies with excessive debt, which can act as a quality control mechanism. |
Risk Analysis
Volatility
HLAL typically exhibits volatility comparable to or slightly higher than the S&P 500 due to its concentration in growth-oriented, debt-free companies.
Market Risk
The fund carries systemic market risk; its performance is highly tied to the health of the US technology and large-cap sectors.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | United States Equities | 98 | The fund provides concentrated exposure to the US equity market while filtering for Shariah compliance. |
| Cash/collateral | Cash and Cash Equivalents | 2 | A small portion is held in cash to manage liquidity and daily fund operations. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 51.68% | Avg. Invested days 86 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  5.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/28/2026 |
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