Is HLAL a good investment?

Wahed FTSE USA Shariah ETF (HLAL) is a ESG ETF. As of September 11, 2026, ETF Copilot scores HLAL 6.1 out of 10 — highest on Quality (9.8), lowest on Valuation (0.8). It trades at 29.5 times earnings, against its own median of 25.2. Its ten largest holdings are 59% of the fund.

Updated September 11, 2026

How is HLAL rated? ETF Copilot scores Wahed FTSE USA Shariah ETF (HLAL) 6.1 out of 10

As of September 11, 2026, ETF Copilot scores Wahed FTSE USA Shariah ETF (HLAL) 6.1 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 6.1 / 10
Growth: 4.8 / 10
Valuation: 0.8 / 10
Risk: 7.2 / 10
Quality: 9.8 / 10
Return: 7.6 / 10

What is HLAL's expense ratio? 0.50% a year

As of September 11, 2026, HLAL charges 0.50% a year, yields 0.80% and holds $931M in assets across 210 positions.

Wahed FTSE USA Shariah ETF (HLAL) — cost, income and size
Measure	HLAL
Expense ratio	0.50%
Dividend yield	0.80%
Assets under management	$931M
Holdings	210

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in HLAL's data

U.S. stocks screened for Shariah compliance, blending growth with ethical guidelines.

Trades at a richer price than most ESG peers — you pay more for each dollar of earnings.

Its trailing EBITDA multiple of 20.5x lands in the priciest 10% of the category, well above the 16.6x median, while return on invested capital of 32.2% is exceptionally high.

An ethical-growth tilt for a portfolio that already holds a broad U.S. core.

Is HLAL expensive right now? It trades at 29.5 times earnings, against its own median of 25.2

As of September 11, 2026, HLAL is more expensive than 91% of its own 87 monthly readings since 2019 — 79 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside HLAL? 70% Tech

What's inside HLAL: Size (Large 96%, Mid 4%, Small 0%); Geography (International 3%, US 97%); Tech 69.7%; Magnificent 7 49.3%; AI 32.4%; Semiconductors 28.0%; Memory 24.0%.

What are HLAL's top holdings? The ten largest are 59% of the fund

Nvidia, Apple, Microsoft, Alphabet, Broadcom, Meta Platforms, Micron Technology, Tesla and Eli Lilly are HLAL's largest holdings, in that order.

More concentrated than 97% of ESG ETFs.

Half of HLAL's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 20 equally weighted holdings.

Cite this

ETF Copilot, “Wahed FTSE USA Shariah ETF (HLAL) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/hlal