HLAL Performance — Wahed FTSE USA Shariah ETF
Data updated: 2026-09-28
HLAL returned +18.06% year to date and +43.83% over one year to May 2026. Annualised returns are +22.76% over 3 years and +15.79% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $185, against $165 for the category, and to $144 over one year, against $122. Volatility over the past three years was 14.75% a year. In the 12 months to May 2026 the fund took in a net $56.9M, and assets reached $917.67M.
HLAL Growth of $100
What $100 invested in Wahed FTSE USA Shariah ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | HLAL | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $144 | $122 |
| 3 years (Jun 2023 – May 2026) | $185 | $165 |
| 5 years (Jun 2021 – May 2026) | $208 | $164 |
| Since data start (Mar 2020 – May 2026) | $311 | $227 |
HLAL Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +18.06% |
| 1 year | +43.83% |
| 3 years (annualised) | +22.76% |
| 5 years (annualised) | +15.79% |
HLAL Annual Returns
Calendar-year total returns of Wahed FTSE USA Shariah ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +18.06% |
| 2025 | +18.47% |
| 2024 | +16.56% |
| 2023 | +30.17% |
| 2022 | −17.61% |
| 2021 | +28.60% |
| 2020 (Mar–Dec) | +38.30% |
HLAL Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.0% | −0.4% | −5.7% | +12.9% | +9.2% | — | — | — | — | — | — | — |
| 2025 | +2.7% | −3.6% | −6.0% | −1.2% | +5.8% | +4.8% | +2.6% | +3.0% | +5.1% | +3.5% | +1.7% | −0.5% |
| 2024 | +0.4% | +4.4% | +1.7% | −4.0% | +4.6% | +4.1% | +0.1% | +1.2% | +2.4% | −2.9% | +4.8% | −0.9% |
| 2023 | +6.0% | −1.4% | +6.2% | +1.6% | +1.7% | +6.5% | +3.0% | −1.5% | −4.5% | −2.7% | +9.1% | +3.6% |
| 2022 | −4.9% | −2.9% | +4.6% | −7.6% | +0.2% | −8.9% | +9.9% | −4.5% | −9.0% | +7.4% | +5.1% | −6.4% |
| 2021 | +0.5% | −0.7% | +4.2% | +3.7% | +0.1% | +3.3% | +2.9% | +2.5% | −4.7% | +7.6% | +1.2% | +5.4% |
| 2020 | — | — | −12.4% | +13.8% | +5.8% | +2.9% | +7.0% | +9.9% | −4.3% | −3.9% | +12.1% | +5.2% |
HLAL Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 14.75%
- 3-year Sharpe ratio: 1.24 (vs 4.5% risk-free rate)
- Best month: +12.88% (Apr 2026)
- Worst month: −6.03% (Mar 2025)
HLAL Fund Flows
Monthly money in and out of Wahed FTSE USA Shariah ETF, from SEC Form N-PORT.
- 12-month net flow: $56.9M
- 12-month gross sales (incl. reinvestments): $132.5M
- Sales ÷ redemptions: 1.75×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $20.7M | $1.7M | $19.0M |
| Apr 2026 | $6.3M | $0 | $6.3M |
| Mar 2026 | $12.3M | $3.0M | $9.3M |
| Feb 2026 | $17.2M | $0 | $17.2M |
| Jan 2026 | $15.7M | $0 | $15.7M |
| Dec 2025 | $12.5M | $6.2M | $6.2M |
| Nov 2025 | $4.5M | $36.5M | −$31.9M |
| Oct 2025 | $16.5M | $0 | $16.5M |
| Sep 2025 | $7.3M | $7.4M | −$67K |
| Aug 2025 | $0 | $0 | $0 |
| Jul 2025 | $0 | $1.4M | −$1.4M |
| Jun 2025 | $19.5M | $19.5M | $43K |
HLAL Assets Under Management
Net assets of Wahed FTSE USA Shariah ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $917.67M |
| 2026-02-28 | $757.42M |
| 2025-11-30 | $711.51M |
| 2025-08-31 | $659.22M |
| 2025-05-31 | $596.79M |
| 2025-02-28 | $578.60M |
| 2024-11-30 | $570.52M |
| 2024-08-31 | $520.10M |
| 2024-05-31 | $451.92M |
| 2024-02-29 | $393.76M |
| 2023-11-30 | $324.23M |
| 2023-08-31 | $305.95M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.