ESGU vs HLAL: Grades, Fees and Holdings Compared

iShares ESG Aware MSCI USA ETF

ESGUANasdaq

Wahed FTSE USA Shariah ETF

HLALCNasdaq

Overlap

55.7%by weight

Expense ratio

ESGU −0.35pt a year

ESGU0.15%HLAL0.50%

Avg volume · 30D

ESGU 6.9×the volume

ESGU389KHLAL56K

5Y return · a year

HLAL +2.0pt

ESGU+10.8%HLAL+12.8%

ESGU vs HLAL Performance

Oct 29, 2021 – Oct 30, 2026

+67.1%ESGU+82.6%HLAL

Expense ratio: ESGU 0.15%, better; HLAL 0.50%
Fund size: ESGU $17.8B; HLAL $972M
1Y total return: ESGU +11.5%; HLAL +17.0%, better
Yield (12M): ESGU 0.94%, better; HLAL 0.38%
Holdings: ESGU 271; HLAL 200
Avg volume (30D): ESGU 389K sh, better; HLAL 56K sh
NAV per share: ESGU $165.22; HLAL $73.39
52W range

ETF.net Grade

Pillar letters and Scores for ESGU, HLAL, with each pillar’s weight
Pillar	ESGU	HLAL
Cost30% weight	B68Higher	F17
Mission25% weight	A97Higher	A92
Risk15% weight	C50Higher	D38
Tradability15% weight	A92Higher	C51
Holdings10% weight	B59Higher	F22
Durability5% weight	A95Higher	B59

Rank among US ESG & Values Index funds

How we build Categories ›

Same Category. ESGU and HLAL are both graded against the same 47 US ESG & Values Index funds, so their Grades compare head to head.

US ESG & Values Index⁠

Category · 47 funds

See all 47 ›

ESGU ranks 4th and HLAL 36th of 47 funds in the US ESG & Values Index Category.

Rank 1AKLMNInvesco MSCI North America Climate ETFScore 82
Rank 2AEFIVState Street SPDR S&P 500 ESG ETFScore 79
Rank 3ASNPEXtrackers S&P 500 Scored & Screened ETFScore 78
Rank 4AESGUiShares ESG Aware MSCI USA ETFScore 76
Rank 5ADFSUDimensional US Sustainability Core 1 ETFScore 74
Rank 35CTPSCTimothy Plan US Small Cap Core ETFScore 47
Rank 36CHLALWahed FTSE USA Shariah ETFScore 46
Rank 36CTPLCTimothy Plan US Large/Mid Cap Core ETFScore 46

Our read on each fund

ETF.net Research

ESGUAiShares ESG Aware MSCI USA ETF

HLALCWahed FTSE USA Shariah ETF

In short

ESGU Screening out companies is easy; keeping the market's shape while you do it is the hard part. ESGU's index optimizes toward stronger ESG characteristics while targeting risk and return similar to the broad MSCI USA Index.

HLAL The original US-listed halal equity ETF: roughly 220 large and mid-cap American stocks that clear FTSE's Shariah business and balance-sheet screens, with a per-share purification figure published every quarter.

Stated mandate

ESGU Seeks to track an index of large- and mid-cap U.S. companies selected for favorable environmental, social and governance (ESG) characteristics while seeking risk/return similar to the MSCI USA Index.

HLAL The Fund seeks to track, before fees and expenses, the total return of the FTSE USA Shariah Index.

Why people hold it

ESGU Not a screen-and-drop portfolio: the index optimizes toward better ESG characteristics while targeting risk and return similar to the broad MSCI USA Index.ishares.com
0.15% a year, below the typical fund in its US ESG group, spread across roughly 300 large- and mid-cap names rather than a narrow shortlist.
Running since 2016, a multi-billion-dollar iShares fund that pays quarterly and sits in the top quartile of a crowded US ESG peer group.

HLAL No alcohol, gambling or conventional banking, and debt plus cash-and-interest items must each stay under 33.333% of total assets. Yasaar Limited runs the screens.lseg.com wahedinvest.com
The fund posts a per-share purification amount each quarter, generally before the dividend, so holders can donate the non-compliant sliver instead of estimating it.wahedinvest.com
Launched in 2019 as the first US-listed Shariah-compliant equity ETF, and it still carries the size and volume that keep a screened niche fund practical to trade.nasdaq.com
Plain index replication of the FTSE USA Shariah Index, and it hugs that benchmark about as closely as anything in its peer group.

Worth knowing

ESGU Cheaper seats in the same row: XVV at 0.08%, ESGV at 0.09%, SNPE and EFIV at 0.10%, against 0.15% here.
Market-like risk is the stated goal, so exclusions are lighter than a purist ESG fund and the holdings end up looking a lot like the broad US market.ishares.com
MSCI's ratings decide who makes the cut, so the portfolio reflects one provider's definition of ESG, not an industry standard.ishares.com

HLAL 0.50% a year sits well above plain-vanilla large-cap peers (ILCB charges 0.03%). The screening and purification machinery is what the extra buys.
Interest-based screens rule out banks and insurers, leaving roughly 220 names tilted toward technology and healthcare, so it can behave differently from the broad market.lseg.com nasdaq.com
Distributions come quarterly, and acting on the published purification amount is the shareholder's job, not the fund's.wahedinvest.com

Full ESGU profile⁠

Full HLAL profile⁠

ESGU vs HLAL Holdings

How ESGU and HLAL differ

Overlap by weight

55.7%

Shared holdings make up 91.9% of HLAL and 59.7% of ESGU.

Level by level

Holdings118 in both55.7%
Sector11 Sectors74.7%
Asset classEquity100%
Countryby domicile99.7%

Sector

Sector weights in ESGU and HLAL, widest gap first
Sector	More in ESGUMore in HLAL	ESGU	HLAL
Technology	HLAL +18.5 points	38.4%	56.9%
Financials	ESGU +11.9 points	11.9%	0.0%
Industrials	ESGU +4.0 points	8.2%	4.2%
Communication	HLAL +3.6 points	8.5%	12.1%
Consumer Discretionary	ESGU +3.6 points	8.1%	4.5%
Energy	HLAL +2.8 points	4.0%	6.8%
Consumer Staples	ESGU +2.0 points	4.6%	2.6%
Utilities	ESGU +1.6 points	1.8%	0.2%
Health Care	ESGU +1.5 points	10.6%	9.1%
Real Estate	ESGU +1.0 points	2.1%	1.1%
Materials	HLAL +0.4 points	1.9%	2.3%

Country, concentration and asset class

Country by domicile

Country weights in ESGU and HLAL, widest gap first
Country	More in ESGUMore in HLAL	ESGU	HLAL
United States	ESGU +0.2 points	99.8%	99.6%
China	HLAL +0.1 points	0.1%	0.2%
Brazil	ESGU +0.1 points	0.1%	0.0%
Switzerland	HLAL +0.1 points	0.0%	0.1%
Mexico	HLAL +0.1 points	0.0%	0.1%
Ireland	HLAL +0.1 points	0.0%	0.1%

Concentration

Weight in the 10 largest Holdings

ESGU36.2%
HLAL57.7%

Securities held

ESGU268
HLAL199

Asset class

ESGU: Equity
HLAL: Equity

Holdings

Only in ESGU150
In both118
Only in HLAL81

Only in ESGU

150 securities, 40.2% of ESGU by weight

Amazon.com Inc3.49%
JPMorgan Chase & Co1.34%
Visa Class A1.33%
AbbVie0.89%
Mastercard Class A0.74%
Home Depot0.66%
Costco Wholesale Corp0.65%
Hartford Insurance Group0.60%
Verizon Communications Inc0.55%
Merck & Co Inc0.53%
Goldman Sachs Group0.52%
Palantir Technologies Class A0.50%
Rtx0.48%
Caterpillar Inc0.48%
Nisource0.47%
UnitedHealth Group0.46%
Ge Aerospace0.46%
Berkshire Hathaway Inc Class B0.46%
Morgan Stanley0.44%
Bank of New York Mellon Corp0.43%
Gilead Sciences0.43%
Nextera Energy0.41%
International Business Machines Co0.40%
S&P Global0.40%
Automatic Data Processing Inc0.40%
American Express0.39%
American Tower Reit0.39%
Lowes Companies Inc0.38%
Bank of America0.36%
Equinix Reit0.36%
Metlife0.36%
Honeywell International Inc0.36%
Williams0.36%
Amgen Inc0.36%
Exelon Corp0.36%
Oracle0.35%
Accenture PLC Class A0.35%
Citigroup0.34%
Netflix0.32%
Union Pacific0.32%
Cheniere Energy0.32%
Crowdstrike Holdings Class A0.29%
Colgate-Palmolive0.29%
L3HARRIS Technologies0.29%
Pnc Financial Services Group0.29%
Kinder Morgan0.28%
Prologis Reit0.28%
Arista Networks0.28%
BlackRock0.27%
Diamondback Energy0.27%

Only in HLAL

81 securities, 7.3% of HLAL by weight

TJX Cos Inc/The0.38%
Medtronic PLC0.31%
Valero Energy Corp0.27%
Emerson Electric Co0.24%
Vertiv Holdings Co0.23%
EOG Resources Inc0.21%
SLB Ltd0.20%
United Parcel Service Inc0.20%
Cintas Corp0.18%
Ross Stores Inc0.18%
FedEx Corp0.17%
Monster Beverage Corp0.16%
Boston Scientific Corp0.16%
Fastenal Co0.15%
Becton Dickinson & Co0.13%
PACCAR Inc0.13%
Strategy Inc0.12%
Vylor Inc0.12%
eBay Inc0.12%
Westinghouse Air Brake Technologies Corp0.12%
Carvana Co0.11%
Teradyne Inc0.11%
Garmin Ltd0.11%
NIKE Inc0.11%
Roper Technologies Inc0.11%
Illumina Inc0.11%
Everpure Inc0.10%
Zimmer Biomet Holdings Inc0.09%
Kenvue Inc0.09%
Vulcan Materials Co0.09%
Take-Two Interactive Software Inc0.09%
GE HealthCare Technologies Inc0.09%
Flex Ltd0.08%
ROBLOX Corp0.08%
Old Dominion Freight Line Inc0.08%
Martin Marietta Materials Inc0.08%
Dexcom Inc0.07%
Jabil Inc0.07%
Halliburton Co0.07%
ON Semiconductor Corp0.07%
HP Inc0.07%
Atmos Energy Corp0.07%
Dover Corp0.07%
Quest Diagnostics Inc0.07%
Ulta Beauty Inc0.07%
Estee Lauder Cos Inc/The0.07%
Qnity Electronics Inc0.06%
Dow Inc0.06%
Tapestry Inc0.06%
International Flavors & Fragrances Inc0.06%

Weight gaps

The 100 widest of 118 Holdings in both funds.

Holding weights in ESGU and HLAL, widest gap first
Holding	More in ESGUMore in HLAL	ESGU	HLAL
NVIDIANVDA	HLAL +4.77 points	7.25%	12.02%
AppleAAPL	HLAL +4.63 points	7.66%	12.29%
MicrosoftMSFT	HLAL +3.96 points	5.71%	9.67%
Exxonmobil Holdings CorpXOM	HLAL +2.69 points	0.82%	3.51%
Alphabet Class AGOOGL	HLAL +2.48 points	1.58%	4.06%
Broadcom IncAVGO	HLAL +1.65 points	2.29%	3.94%
Meta Platforms Class AMETA	HLAL +1.46 points	1.91%	3.37%
Tesla IncTSLA	HLAL +1.16 points	1.73%	2.89%
Micron TechnologyMU	HLAL +1.09 points	1.50%	2.58%
Advanced Micro DevicesAMD	HLAL +0.97 points	1.29%	2.26%
Eli LillyLLY	HLAL +0.95 points	1.70%	2.65%
ChevronCVX	HLAL +0.93 points	0.12%	1.05%
Johnson & JohnsonJNJ	HLAL +0.82 points	0.81%	1.63%
Intel CorporationINTC	HLAL +0.58 points	0.45%	1.03%
WelltowerWELL	HLAL +0.58 points	0.23%	0.81%
Western Digital CorpWDC	HLAL +0.41 points	0.25%	0.66%
Alphabet Class CGOOG	HLAL +0.41 points	2.89%	3.30%
Cisco Systems IncCSCO	HLAL +0.36 points	0.69%	1.05%
Abbott LaboratoriesABT	HLAL +0.31 points	0.13%	0.44%
SterisSTE	ESGU +0.29 points	0.35%	0.06%
Texas InstrumentTXN	HLAL +0.28 points	0.42%	0.70%
Intuitive SurgicalISRG	HLAL +0.28 points	0.11%	0.39%
KlaKLAC	HLAL +0.28 points	0.26%	0.54%
Coca-ColaKO	HLAL +0.28 points	0.61%	0.89%
Procter & GamblePG	HLAL +0.26 points	0.66%	0.92%
Church and Dwight IncCHD	ESGU +0.26 points	0.32%	0.06%
EcolabECL	ESGU +0.25 points	0.43%	0.18%
SandiskSNDK	HLAL +0.24 points	0.23%	0.47%
Applied Material IncAMAT	HLAL +0.24 points	0.58%	0.82%
Ge VernovaGEV	HLAL +0.24 points	0.35%	0.59%
QualcommQCOM	HLAL +0.23 points	0.25%	0.48%
Lam ResearchLRCX	HLAL +0.22 points	0.56%	0.78%
Palo Alto NetworksPANW	HLAL +0.20 points	0.55%	0.75%
Analog DevicesADI	HLAL +0.19 points	0.33%	0.52%
Idexx LaboratoriesIDXX	ESGU +0.19 points	0.30%	0.11%
Marathon PetroleumMPC	HLAL +0.18 points	0.13%	0.31%
Marvell TechnologyMRVL	HLAL +0.19 points	0.28%	0.47%
Kimberly ClarkKMB	ESGU +0.17 points	0.26%	0.09%
DanaherDHR	HLAL +0.17 points	0.20%	0.37%
Crh Public Limited PLCCRH	ESGU +0.17 points	0.32%	0.15%
Cummins IncCMI	ESGU +0.16 points	0.34%	0.18%
PfizerPFE	HLAL +0.17 points	0.25%	0.42%
Linde PLCLIN	HLAL +0.17 points	0.40%	0.57%
Seagate Technology Holdings PLCSTX	HLAL +0.17 points	0.22%	0.39%
Dell Technologies Inc Class CDELL	HLAL +0.16 points	0.19%	0.35%
Ww Grainger IncGWW	ESGU +0.15 points	0.30%	0.15%
Uber TechnologiesUBER	HLAL +0.15 points	0.17%	0.32%
Quanta Services IncPWR	HLAL +0.14 points	0.09%	0.23%
Cardinal HealthCAH	ESGU +0.14 points	0.28%	0.14%
NewmontNEM	HLAL +0.14 points	0.15%	0.29%
AutodeskADSK	ESGU +0.12 points	0.25%	0.13%
Expeditors International of WashinEXPD	ESGU +0.12 points	0.18%	0.06%
ConocophillipsCOP	HLAL +0.12 points	0.33%	0.45%
Trane Technologies PLCTT	ESGU +0.12 points	0.35%	0.23%
AT&TT	HLAL +0.11 points	0.23%	0.34%
Delta Air LinesDAL	ESGU +0.12 points	0.15%	0.03%
Jacobs Solutions IncJ	ESGU +0.12 points	0.16%	0.04%
SalesforceCRM	HLAL +0.11 points	0.34%	0.45%
Johnson Controls International PLCJCI	HLAL +0.11 points	0.13%	0.24%
Tractor SupplyTSCO	ESGU +0.11 points	0.15%	0.04%
VeraltoVLTO	ESGU +0.10 points	0.16%	0.06%
CorningGLW	HLAL +0.09 points	0.16%	0.25%
Mondelez International Class AMDLZ	HLAL +0.10 points	0.10%	0.20%
Phillips 66PSX	HLAL +0.09 points	0.18%	0.27%
Workday Class AWDAY	HLAL +0.09 points	0.10%	0.19%
CencoraCOR	ESGU +0.09 points	0.24%	0.15%
Ppg IndustriesPPG	ESGU +0.08 points	0.15%	0.07%
Regeneron PharmaceuticalsREGN	HLAL +0.09 points	0.11%	0.20%
Edwards LifesciencesEW	ESGU +0.09 points	0.22%	0.13%
Waters CorpWAT	HLAL +0.08 points	0.14%	0.22%
Occidental Petroleum CorpOXY	ESGU +0.08 points	0.19%	0.11%
Agilent Technologies IncA	ESGU +0.07 points	0.20%	0.13%
F5FFIV	ESGU +0.07 points	0.12%	0.05%
International PaperIP	ESGU +0.06 points	0.11%	0.05%
Expand EnergyEXE	ESGU +0.06 points	0.11%	0.05%
Okta Class AOKTA	ESGU +0.06 points	0.15%	0.09%
Vertex PharmaceuticalsVRTX	HLAL +0.06 points	0.28%	0.34%
Te Connectivity PLCTEL	HLAL +0.05 points	0.11%	0.16%
StrykerSYK	ESGU +0.06 points	0.32%	0.26%
Archer Daniels MidlandADM	ESGU +0.05 points	0.14%	0.09%
Monolithic Power Systems IncMPWR	HLAL +0.05 points	0.09%	0.14%
Texas Pacific LandTPL	ESGU +0.04 points	0.09%	0.05%
Jb Hunt Transport ServicesJBHT	ESGU +0.04 points	0.08%	0.04%
Dollar Tree IncDLTR	ESGU +0.04 points	0.10%	0.06%
CienaCIEN	HLAL +0.04 points	0.08%	0.12%
Comfort Systems UsaFIX	HLAL +0.04 points	0.07%	0.11%
3MMMM	ESGU +0.04 points	0.26%	0.22%
Labcorp HoldingsLH	ESGU +0.04 points	0.11%	0.07%
First SolarFSLR	ESGU +0.04 points	0.08%	0.04%
SempraSRE	HLAL +0.04 points	0.10%	0.14%
Digital Realty Trust ReitDLR	ESGU +0.03 points	0.20%	0.17%
Cbre Group Class ACBRE	ESGU +0.04 points	0.13%	0.09%
Xylem IncXYL	ESGU +0.03 points	0.15%	0.12%
CoherentCOHR	HLAL +0.04 points	0.07%	0.11%
Carrier GlobalCARR	ESGU +0.03 points	0.14%	0.11%
Cadence Design SystemsCDNS	ESGU +0.03 points	0.26%	0.23%
SynopsysSNPS	ESGU +0.04 points	0.26%	0.22%
NucorNUE	HLAL +0.03 points	0.12%	0.15%
Steel Dynamics IncSTLD	ESGU +0.03 points	0.11%	0.08%
Nxp Semiconductors NVNXPI	HLAL +0.02 points	0.14%	0.16%

All 268 ESGU holdings⁠All 200 HLAL holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

ESGU vs HLAL Cost

Overpaying HLAL vs ESGU

$6,842

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

ESGU 0.15%
$3,137
HLAL 0.50%
$9,979

Amount$10,000

Years30 years

Cost over time

ESGU 0.15%
HLAL 0.50%
Overpaying

Year by year

Year	ESGU	HLAL	Overpaying
10	$274	$900	$626
20	$1,071	$3,460	$2,389
30	$3,137	$9,979	$6,842

Expense ratio

0.15%ESGU, cheaper
0.50%HLAL

ESGU0.15%HLAL0.50%

0.08%0.95%

Middle half of US ESG & Values Index funds
Median 0.25%

ESGU 13th cheapest of 47 funds

HLAL 40th cheapest of 47 funds

ESGU vs HLAL Dividends

Last 12 months to Oct 30, 2026

Yield (12M): ESGU 0.94%, better; HLAL 0.38%
Payout (12M): ESGU $1.55; HLAL $0.27
Last payment: ESGU $0.38; HLAL $0.10
Ex-dividend: ESGU Sep 15, 2026; HLAL Sep 24, 2026
Paid on: ESGU Sep 18, 2026; HLAL Sep 25, 2026
Frequency: ESGU Quarterly; HLAL Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

ESGUQuarterly · 41 paymentsAll ESGU payments⁠

HLALQuarterly · 29 paymentsAll HLAL payments⁠

ESGU vs HLAL Risk

Fall from peak · 5 years

ESGU
HLAL

Risk facts

VolatilityStd dev, 3 years: ESGU 12.8%, betterHLAL 14.6%
Return per unit of riskSharpe ratio, 3 years: ESGU 1.35, betterHLAL 1.13
Worst fallMax drawdown, 5 years: ESGU −26.1%HLAL −23.2%, better
Market sensitivityBeta, 5 years: ESGU 1.04HLAL 1.03; Market = 1

ESGU and HLAL in the news

All news⁠

ETF Filings
SP Funds Trust files for two Shariah ETFs, U.S. Small Cap and Equity Income
Oct 12, 2026HLAL
ETF Filings
iShares files for a screened MSCI USA ETF that omits ESG from the name
Sep 4, 2026ESGU

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ESGU vs HLAL

In short

Stated mandate

Why people hold it

Worth knowing

How ESGU and HLAL differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ESGU

Only in HLAL

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

SP Funds Trust files for two Shariah ETFs, U.S. Small Cap and Equity Income

iShares files for a screened MSCI USA ETF that omits ESG from the name

How ESGU and HLAL differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in ESGU

Only in HLAL

Weight gaps