HLAL vs KLMN: Grades, Fees and Holdings Compared

Wahed FTSE USA Shariah ETF

HLALCNasdaq

Invesco MSCI North America Climate ETF

KLMNANYSE Arca

Overlap

56.1%by weight

Expense ratio

KLMN −0.41pt a year

HLAL0.50%KLMN0.09%

Avg volume · 30D

KLMN 8.7×the volume

HLAL56KKLMN489K

HLAL vs KLMN Performance

Oct 31, 2025 – Oct 30, 2026

+17.0%HLAL+11.7%KLMN

Expense ratio: HLAL 0.50%; KLMN 0.09%, better
Fund size: HLAL $972M; KLMN $2.42B
1Y total return: HLAL +17.0%, better; KLMN +11.7%
Yield (12M): HLAL 0.38%; KLMN 1.17%, better
Holdings: HLAL 200; KLMN 275
Avg volume (30D): HLAL 56K sh; KLMN 489K sh, better
NAV per share: HLAL $73.39; KLMN $31.03
52W range

ETF.net Grade

Pillar letters and Scores for HLAL, KLMN, with each pillar’s weight
Pillar	HLAL	KLMN
Cost30% weight	F17	A86Higher
Mission25% weight	A92	A100Higher
Risk15% weight	D38	B62Higher
Tradability15% weight	C51	A83Higher
Holdings10% weight	F22	B65Higher
Durability5% weight	B59Higher	B58

Rank among US ESG & Values Index funds

How we build Categories ›

Same Category. HLAL and KLMN 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 ›

KLMN ranks 1st 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 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

HLALCWahed FTSE USA Shariah ETF

KLMNAInvesco MSCI North America Climate ETF

In short

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.

KLMN No data

Stated mandate

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

KLMN No data

Why people hold it

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.

KLMN No data

Worth knowing

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

KLMN No data

Full HLAL profile⁠

Full KLMN profile⁠

HLAL vs KLMN Holdings

How HLAL and KLMN differ

Overlap by weight

56.1%

Shared holdings make up 91.1% of HLAL and 56.7% of KLMN.

Level by level

Holdings103 in both56.1%
Countryby domicile95.2%
Asset classEquity100%

Sector

No Sector split for KLMN.

Country, concentration and asset class

Country by domicile

Country weights in HLAL and KLMN, widest gap first
Country	More in HLALMore in KLMN	HLAL	KLMN
United States	HLAL +4.7 points	99.6%	94.9%
Canada	KLMN +4.4 points	0.0%	4.4%
Other countries (6)	KLMN +0.4 points	0.4%	0.8%

Concentration

Weight in the 10 largest Holdings

HLAL57.7%
KLMN34.9%

Securities held

HLAL199
KLMN273

Asset class

HLAL: Equity
KLMN: Equity

Holdings

Only in HLAL96
In both103
Only in KLMN170

Only in HLAL

96 securities, 8.1% of HLAL by weight

Sandisk Corp0.47%
Marathon Petroleum Corp0.31%
Valero Energy Corp0.27%
Phillips 660.27%
Waters Corp0.22%
United Parcel Service Inc0.20%
FedEx Corp0.17%
Nucor Corp0.15%
Crh PLC0.15%
Fastenal Co0.15%
WW Grainger Inc0.15%
Williams-Sonoma Inc0.14%
West Pharmaceutical Services Inc0.14%
Becton Dickinson & Co0.13%
Rockwell Automation Inc0.12%
Strategy Inc0.12%
Westinghouse Air Brake Technologies Corp0.12%
Carvana Co0.11%
Garmin Ltd0.11%
Ferguson Enterprises Inc0.11%
Occidental Petroleum Corp0.11%
IDEXX Laboratories Inc0.11%
Roper Technologies Inc0.11%
Illumina Inc0.11%
NetApp Inc0.11%
Everpure Inc0.10%
Zimmer Biomet Holdings Inc0.09%
Biogen Inc0.09%
ResMed Inc0.09%
Okta Inc0.09%
Archer-Daniels-Midland Co0.09%
Vulcan Materials Co0.09%
Kimberly-Clark Corp0.09%
DR Horton Inc0.09%
Twilio Inc0.09%
GE HealthCare Technologies Inc0.09%
Steel Dynamics Inc0.08%
Axon Enterprise Inc0.08%
ROBLOX Corp0.08%
Old Dominion Freight Line Inc0.08%
Martin Marietta Materials Inc0.08%
Weyerhaeuser Co0.08%
Labcorp Holdings Inc0.07%
Dexcom Inc0.07%
Jabil Inc0.07%
Halliburton Co0.07%
ON Semiconductor Corp0.07%
Atmos Energy Corp0.07%
Quest Diagnostics Inc0.07%
Ulta Beauty Inc0.07%

Only in KLMN

170 securities, 43.2% of KLMN by weight

Amazon.com Inc3.38%
JPMorgan Chase & Co1.35%
Visa Inc1.07%
Mastercard Inc0.83%
Walmart Inc0.80%
AbbVie Inc0.79%
Costco Wholesale Corp0.65%
Palantir Technologies Inc0.63%
Merck & Co Inc0.58%
UnitedHealth Group Inc0.56%
Home Depot Inc/The0.54%
Bank of America Corp0.53%
Philip Morris International Inc0.51%
General Electric Co0.50%
Royal Bank of Canada0.49%
Caterpillar Inc0.47%
Goldman Sachs Group Inc/The0.44%
Thermo Fisher Scientific Inc0.44%
Amgen Inc0.43%
RTX Corp0.42%
Crowdstrike Holdings Inc0.40%
Wells Fargo & Co0.40%
Netflix Inc0.39%
Morgan Stanley0.37%
Toronto-Dominion Bank/The0.37%
International Business Machines Corp0.36%
Oracle Corp0.36%
Citigroup Inc0.35%
Gilead Sciences Inc0.35%
Amphenol Corp0.34%
Walt Disney Co/The0.34%
Shopify Inc0.34%
Arista Networks Inc0.34%
McDonald's Corp0.32%
Verizon Communications Inc0.32%
American Express Co0.32%
PepsiCo Inc0.31%
Union Pacific Corp0.30%
Blackrock Inc0.30%
Deere & Co0.30%
Eaton Corp PLC0.30%
Accenture PLC0.28%
S&P Global Inc0.27%
Wheaton Precious Metals Corp0.26%
Automatic Data Processing Inc0.26%
Vivmark Residential0.26%
Bank of Nova Scotia/The0.25%
Charles Schwab Corp/The0.25%
Bank of Montreal0.24%
Marsh & McLennan Cos Inc0.24%

Weight gaps

The 100 widest of 103 Holdings in both funds.

Holding weights in HLAL and KLMN, widest gap first
Holding	More in HLALMore in KLMN	HLAL	KLMN
NVIDIA CorpNVDA	HLAL +4.94 points	12.02%	7.08%
Apple IncAAPL	HLAL +4.93 points	12.29%	7.36%
Microsoft CorpMSFT	HLAL +4.28 points	9.67%	5.39%
ExxonMobil Holdings CorpXOM	HLAL +2.37 points	3.51%	1.14%
Broadcom IncAVGO	HLAL +1.71 points	3.94%	2.23%
Alphabet IncGOOG	HLAL +1.69 points	3.30%	1.61%
Alphabet IncGOOGL	HLAL +1.43 points	4.06%	2.63%
Meta Platforms IncMETA	HLAL +1.38 points	3.37%	1.99%
Tesla IncTSLA	HLAL +1.25 points	2.89%	1.64%
Eli Lilly & CoLLY	HLAL +1.06 points	2.65%	1.59%
Micron Technology IncMU	HLAL +1.05 points	2.58%	1.54%
Advanced Micro Devices IncAMD	HLAL +0.89 points	2.26%	1.37%
Johnson & JohnsonJNJ	HLAL +0.58 points	1.63%	1.04%
Welltower IncWELL	HLAL +0.50 points	0.81%	0.31%
Intel CorpINTC	HLAL +0.43 points	1.03%	0.60%
Western Digital CorpWDC	HLAL +0.43 points	0.66%	0.23%
Chevron CorpCVX	HLAL +0.39 points	1.05%	0.66%
Cisco Systems IncCSCO	HLAL +0.37 points	1.05%	0.68%
Procter & Gamble Co/ThePG	HLAL +0.31 points	0.92%	0.61%
Coca-Cola Co/TheKO	HLAL +0.27 points	0.89%	0.62%
Lam Research CorpLRCX	HLAL +0.26 points	0.78%	0.52%
Texas Instruments IncTXN	HLAL +0.26 points	0.70%	0.44%
Applied Materials IncAMAT	HLAL +0.26 points	0.82%	0.56%
Palo Alto Networks IncPANW	HLAL +0.25 points	0.75%	0.50%
Linde PLCLIN	HLAL +0.22 points	0.57%	0.35%
GE Vernova IncGEV	HLAL +0.22 points	0.59%	0.37%
QUALCOMM IncQCOM	HLAL +0.17 points	0.48%	0.31%
Marvell Technology IncMRVL	HLAL +0.16 points	0.47%	0.31%
Kla CorpKLAC	HLAL +0.16 points	0.54%	0.38%
Analog Devices IncADI	HLAL +0.16 points	0.52%	0.36%
Intuitive Surgical IncISRG	HLAL +0.15 points	0.39%	0.24%
TJX Cos Inc/TheTJX	HLAL +0.14 points	0.38%	0.24%
Seagate Technology Holdings PLCSTX	HLAL +0.14 points	0.39%	0.25%
Uber Technologies IncUBER	HLAL +0.12 points	0.32%	0.20%
Danaher CorpDHR	HLAL +0.12 points	0.37%	0.25%
Abbott LaboratoriesABT	HLAL +0.11 points	0.44%	0.33%
Salesforce IncCRM	HLAL +0.11 points	0.45%	0.34%
Vertex Pharmaceuticals IncVRTX	HLAL +0.11 points	0.34%	0.23%
Dover CorpDOV	KLMN +0.10 points	0.07%	0.17%
PPG Industries IncPPG	KLMN +0.10 points	0.07%	0.17%
ConocoPhillipsCOP	HLAL +0.10 points	0.45%	0.35%
Pfizer IncPFE	HLAL +0.10 points	0.42%	0.32%
Stryker CorpSYK	HLAL +0.09 points	0.26%	0.17%
AT&T IncT	HLAL +0.08 points	0.34%	0.26%
Vertiv Holdings CoVRT	HLAL +0.08 points	0.23%	0.15%
Dell Technologies IncDELL	HLAL +0.08 points	0.35%	0.27%
Corning IncGLW	HLAL +0.07 points	0.25%	0.18%
Ingersoll Rand IncIR	KLMN +0.07 points	0.08%	0.15%
Quanta Services IncPWR	HLAL +0.07 points	0.23%	0.16%
Cadence Design Systems IncCDNS	HLAL +0.06 points	0.23%	0.17%
DuPont de Nemours IncDD	KLMN +0.06 points	0.05%	0.11%
Synopsys IncSNPS	HLAL +0.06 points	0.22%	0.16%
McKesson CorpMCK	HLAL +0.05 points	0.28%	0.23%
Adobe IncADBE	HLAL +0.05 points	0.24%	0.19%
Medtronic PLCMDT	HLAL +0.06 points	0.31%	0.25%
Church & Dwight Co IncCHD	KLMN +0.05 points	0.06%	0.11%
ServiceNow IncNOW	HLAL +0.05 points	0.28%	0.23%
Ecolab IncECL	KLMN +0.05 points	0.18%	0.23%
HP IncHPQ	KLMN +0.05 points	0.07%	0.12%
Regeneron Pharmaceuticals IncREGN	HLAL +0.05 points	0.20%	0.15%
Ross Stores IncROST	HLAL +0.04 points	0.18%	0.14%
Cintas CorpCTAS	HLAL +0.04 points	0.18%	0.14%
Agilent Technologies IncA	KLMN +0.04 points	0.13%	0.17%
Workday IncWDAY	HLAL +0.04 points	0.19%	0.15%
Digital Realty Trust IncDLR	HLAL +0.04 points	0.17%	0.13%
Monster Beverage CorpMNST	HLAL +0.04 points	0.16%	0.12%
Monolithic Power Systems IncMPWR	HLAL +0.03 points	0.14%	0.11%
Newmont CorpNEM	HLAL +0.03 points	0.29%	0.26%
SempraSRE	HLAL +0.03 points	0.14%	0.11%
Emerson Electric CoEMR	HLAL +0.03 points	0.24%	0.21%
Ciena CorpCIEN	HLAL +0.03 points	0.12%	0.09%
3M CoMMM	HLAL +0.02 points	0.22%	0.20%
Coherent CorpCOHR	HLAL +0.03 points	0.11%	0.08%
Trane Technologies PLCTT	HLAL +0.02 points	0.23%	0.21%
NXP Semiconductors NVNXPI	HLAL +0.02 points	0.16%	0.14%
EOG Resources IncEOG	KLMN +0.02 points	0.21%	0.23%
Johnson Controls International plcJCI	HLAL +0.02 points	0.24%	0.22%
PACCAR IncPCAR	KLMN +0.02 points	0.13%	0.15%
Mondelez International IncMDLZ	HLAL +0.02 points	0.20%	0.18%
Boston Scientific CorpBSX	HLAL +0.02 points	0.16%	0.14%
Teradyne IncTER	HLAL +0.01 points	0.11%	0.10%
Xylem Inc/NYXYL	HLAL +0.02 points	0.12%	0.10%
Hewlett Packard Enterprise CoHPE	HLAL +0.01 points	0.19%	0.18%
Vylor IncVYLR	KLMN +0.01 points	0.12%	0.13%
Comfort Systems USA IncFIX	HLAL +0.01 points	0.11%	0.10%
NIKE IncNKE	HLAL +0.01 points	0.11%	0.10%
Kenvue IncKVUE	KLMN +0.01 points	0.09%	0.10%
CBRE Group IncCBRE	KLMN +0.01 points	0.09%	0.10%
Hershey Co/TheHSY	KLMN +0.01 points	0.06%	0.07%
eBay IncEBAY	HLAL +0.01 points	0.12%	0.11%
Edwards Lifesciences CorpEW	Same weight	0.13%	0.13%
Cencora IncCOR	KLMN +0.01 points	0.15%	0.16%
Carrier Global CorpCARR	Same weight	0.11%	0.11%
Flex LtdFLEX	KLMN +0.01 points	0.08%	0.09%
Devon Energy CorpDVN	Same weight	0.14%	0.14%
Baker Hughes CoBKR	KLMN +0.01 points	0.13%	0.14%
SLB LtdSLB	HLAL +0.01 points	0.20%	0.19%
Autodesk IncADSK	Same weight	0.13%	0.13%
TE Connectivity PLCTEL	Same weight	0.16%	0.16%
Corteva IncCTVA	Same weight	0.02%	0.02%

All 200 HLAL holdings⁠All 273 KLMN 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.

HLAL vs KLMN Cost

Overpaying HLAL vs KLMN

$8,081

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

HLAL 0.50%
$9,979
KLMN 0.09%
$1,898

Amount$10,000

Years30 years

Cost over time

HLAL 0.50%
KLMN 0.09%
Overpaying

Year by year

Year	HLAL	KLMN	Overpaying
10	$900	$165	$735
20	$3,460	$646	$2,814
30	$9,979	$1,898	$8,081

Expense ratio

0.50%HLAL
0.09%KLMN, cheaper

KLMN0.09%HLAL0.50%

0.08%0.95%

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

KLMN 3rd cheapest of 47 funds

HLAL 40th cheapest of 47 funds

HLAL vs KLMN Dividends

Last 12 months to Oct 30, 2026

Yield (12M): HLAL 0.38%; KLMN 1.17%, better
Payout (12M): HLAL $0.27; KLMN $0.36
Last payment: HLAL $0.10; KLMN $0.08
Ex-dividend: HLAL Sep 24, 2026; KLMN Sep 21, 2026
Paid on: HLAL Sep 25, 2026; KLMN Sep 25, 2026
Frequency: HLAL Quarterly; KLMN Quarterly

Distribution history

Per share, 2019 to 2026, same scale for both

HLALQuarterly · 29 paymentsAll HLAL payments⁠

KLMNQuarterly · 7 paymentsAll KLMN payments⁠

HLAL vs KLMN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: HLAL 14.6%KLMN 12.5%since Jan 2025
Return per unit of riskSharpe ratio, 3 years: HLAL 1.13KLMN 0.83since Jan 2025
Worst fallMax drawdown, 5 years: HLAL −23.2%KLMN −18.5%since Dec 2024
Market sensitivityBeta, 5 years: HLAL 1.03KLMN 1.02; Market = 1

HLAL and KLMN 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

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HLAL vs KLMN

In short

Stated mandate

Why people hold it

Worth knowing

How HLAL and KLMN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in HLAL

Only in KLMN

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

How HLAL and KLMN differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in HLAL

Only in KLMN

Weight gaps