HLAL vs SNPE: Grades, Fees and Holdings Compared

Wahed FTSE USA Shariah ETF

HLALCNasdaq

Xtrackers S&P 500 Scored & Screened ETF

SNPEANYSE Arca

Overlap

56.7%by weight

Expense ratio

SNPE −0.40pt a year

HLAL0.50%SNPE0.10%

Avg volume · 30D

SNPE 4.7×the volume

HLAL56KSNPE260K

5Y return · a year

HLAL +0.5pt

HLAL+12.8%SNPE+12.3%

HLAL vs SNPE Performance

Oct 29, 2021 – Oct 30, 2026

+82.6%HLAL+78.3%SNPE

Expense ratio: HLAL 0.50%; SNPE 0.10%, better
Fund size: HLAL $972M; SNPE $2.86B
1Y total return: HLAL +17.0%, better; SNPE +12.6%
Yield (12M): HLAL 0.38%; SNPE 0.99%, better
Holdings: HLAL 200; SNPE 325
Avg volume (30D): HLAL 56K sh; SNPE 260K sh, better
NAV per share: HLAL $73.39; SNPE $68.72
52W range

ETF.net Grade

Pillar letters and Scores for HLAL, SNPE, with each pillar’s weight
Pillar	HLAL	SNPE
Cost30% weight	F17	A86Higher
Mission25% weight	A92	A96Higher
Risk15% weight	D38	C53Higher
Tradability15% weight	C51	A89Higher
Holdings10% weight	F22	C42Higher
Durability5% weight	B59	A70Higher

Rank among US ESG & Values Index funds

How we build Categories ›

Same Category. HLAL and SNPE 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 ›

SNPE ranks 3rd 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 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

SNPEAXtrackers S&P 500 Scored & Screened 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.

SNPE The S&P 500 with roughly 200 names screened out, for 0.10% a year. SNPE keeps the plumbing of a plain core index fund and lets S&P's rules, not a stock picker, decide who stays in the basket.

Stated mandate

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

SNPE The fund seeks investment results that generally correspond, before fees and expenses, to the performance of its underlying index.

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.

SNPE A 0.10% expense ratio puts it in the cheap seats of the screened-index crowd, alongside XVV (0.08%) and ESGV (0.09%) and well under the group's typical fee.
Plain index plumbing: it aims to match the S&P 500 Scored & Screened Index before fees, and it has hugged that mandate closely.
Roughly 300 stocks, so the screen actually bites. Around 200 S&P 500 members are cut outright rather than quietly trimmed.
A multi-billion-dollar Xtrackers fund running since 2019 with steady daily volume and quarterly payouts. Not a thin, untested launch.

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

SNPE Cutting ~200 names concentrates what's left. The megacap leaders of the parent index end up carrying even more weight here.
The screens are S&P's, not yours. They are rules-based and reapplied at each rebalance, so the roster can shift without warning.
Not the outright cheapest option in the group: XVV and ESGV shave a basis point or two off the fee.

Full HLAL profile⁠

Full SNPE profile⁠

HLAL vs SNPE Holdings

How HLAL and SNPE differ

Overlap by weight

56.7%

Shared holdings make up 58.5% of HLAL and 58.2% of SNPE.

Level by level

Holdings116 in both56.7%
Sector11 Sectors77.3%
Asset classEquity100%
Countryby domicile99.8%

Sector

Sector weights in HLAL and SNPE, widest gap first
Sector	More in HLALMore in SNPE	HLAL	SNPE
Technology	HLAL +17.1 points	56.9%	39.8%
Financials	SNPE +12.2 points	0.0%	12.2%
Energy	HLAL +4.0 points	6.8%	2.8%
Industrials	SNPE +3.8 points	4.2%	8.0%
Health Care	SNPE +2.6 points	9.1%	11.7%
Consumer Staples	SNPE +2.2 points	2.6%	4.8%
Utilities	SNPE +1.0 points	0.2%	1.2%
Real Estate	SNPE +1.0 points	1.1%	2.1%
Communication	HLAL +0.9 points	12.1%	11.2%
Materials	HLAL +0.4 points	2.3%	1.9%
Consumer Discretionary	HLAL +0.1 points	4.5%	4.4%

Country, concentration and asset class

Country by domicile

Country weights in HLAL and SNPE, widest gap first
Country	More in HLALMore in SNPE	HLAL	SNPE
United States	HLAL +0.2 points	99.6%	99.4%
Switzerland	SNPE +0.2 points	0.1%	0.3%
China	Same weight	0.2%	0.2%
Mexico	HLAL +0.1 points	0.1%	0.0%
Ireland	Same weight	0.1%	0.1%
United Kingdom	SNPE +0.1 points	0.0%	0.1%

Concentration

Weight in the 10 largest Holdings

HLAL57.7%
SNPE40.8%

Securities held

HLAL199
SNPE324

Asset class

HLAL: Equity
SNPE: Equity

Holdings

Only in HLAL83
In both116
Only in SNPE208

Only in HLAL

83 securities, 40.8% of HLAL by weight

Apple Inc12.29%
Broadcom Inc3.94%
ExxonMobil Holdings Corp3.51%
Meta Platforms Inc3.37%
Tesla Inc2.89%
Advanced Micro Devices Inc2.26%
Johnson & Johnson1.63%
Chevron Corp1.05%
Procter & Gamble Co/The0.92%
Linde PLC0.57%
Sandisk Corp0.47%
Marvell Technology Inc0.47%
Intuitive Surgical Inc0.39%
Vertex Pharmaceuticals Inc0.34%
Medtronic PLC0.31%
McKesson Corp0.28%
Johnson Controls International plc0.24%
Vertiv Holdings Co0.23%
3M Co0.22%
Synopsys Inc0.22%
SLB Ltd0.20%
United Parcel Service Inc0.20%
Hewlett Packard Enterprise Co0.19%
Ross Stores Inc0.18%
FedEx Corp0.17%
NXP Semiconductors NV0.16%
Monster Beverage Corp0.16%
Nucor Corp0.15%
Crh PLC0.15%
Monolithic Power Systems Inc0.14%
West Pharmaceutical Services Inc0.14%
Becton Dickinson & Co0.13%
Strategy Inc0.12%
Vylor Inc0.12%
Carvana Co0.11%
Teradyne Inc0.11%
Garmin Ltd0.11%
Ferguson Enterprises Inc0.11%
Roper Technologies Inc0.11%
Illumina Inc0.11%
Everpure Inc0.10%
Kenvue Inc0.09%
Okta Inc0.09%
Vulcan Materials Co0.09%
Twilio Inc0.09%
Steel Dynamics Inc0.08%
Flex Ltd0.08%
Axon Enterprise Inc0.08%
ROBLOX Corp0.08%
Old Dominion Freight Line Inc0.08%

Only in SNPE

208 securities, 41.6% of SNPE by weight

Visa Inc-Class A Shares1.77%
Wal-Mart Stores Inc1.38%
AbbVie Inc1.31%
Mastercard Inc-Class A1.30%
Costco Wholesale Corp1.13%
Merck & Co Inc0.93%
UnitedHealth Group Inc0.92%
Home Depot Inc0.82%
Bank of America Corp0.82%
General Electric Co0.79%
Caterpillar Inc0.72%
Goldman Sachs Group Inc0.65%
Netflix Inc0.65%
Thermo Fisher Scientific Inc0.65%
Wells Fargo & Co0.63%
Amgen Inc0.63%
2226792D0.60%
Morgan Stanley0.56%
Gilead Sciences Inc0.53%
Citigroup Inc0.52%
Walt Disney Co0.48%
Pepsico0.47%
McDonald's Corp0.46%
Union Pacific Corp0.45%
NextEra Energy Inc0.44%
Deere & Co0.43%
American Express Co0.42%
Blackrock Inc0.42%
Accenture Ltd-Cl A0.40%
Charles Schwab Corp0.36%
Eaton Corp PLC0.36%
S&P Global0.35%
Chubb Ltd Npv0.32%
Bristol-Myers Squibb Co0.32%
Capital One Financial Corp0.32%
Prologis Inc0.31%
Starbucks Corp0.30%
Medtronic plc0.30%
Lowe's Cos Inc0.29%
CVS Health Corp0.29%
Booking Holdings Inc0.28%
Cme Group Inc0.28%
Equinix Inc0.25%
Bank of New York Mellon Corp0.25%
CSX Corp0.24%
Marsh & McLennan Cos Inc0.24%
Intercontinental Exchange Inc0.24%
Intuit0.24%
US Bancorp0.23%
Williams Cos Inc0.23%

Weight gaps

The 100 widest of 116 Holdings in both funds.

Holding weights in HLAL and SNPE, widest gap first
Holding	More in HLALMore in SNPE	HLAL	SNPE
NVIDIA CorpNVDA	SNPE +0.44 points	12.02%	12.46%
Welltower IncWELL	HLAL +0.38 points	0.81%	0.43%
Western Digital CorpWDC	HLAL +0.33 points	0.66%	0.33%
Intel CorpINTC	HLAL +0.21 points	1.03%	0.82%
Eli Lilly & CoLLY	SNPE +0.20 points	2.65%	2.85%
Waters CorpWAT	HLAL +0.10 points	0.22%	0.12%
Workday IncWDAY	HLAL +0.09 points	0.19%	0.10%
Delta Air Lines IncDAL	SNPE +0.09 points	0.03%	0.12%
Microsoft CorpMSFT	SNPE +0.08 points	9.67%	9.75%
Alphabet IncGOOGL	SNPE +0.07 points	4.06%	4.13%
Micron Technology IncMU	HLAL +0.08 points	2.58%	2.51%
Williams-Sonoma IncWSM	HLAL +0.07 points	0.14%	0.07%
United Airlines Holdings IncUAL	SNPE +0.06 points	0.02%	0.08%
Xylem Inc/NYXYL	HLAL +0.06 points	0.12%	0.06%
Zimmer Biomet Holdings IncZBH	HLAL +0.04 points	0.09%	0.05%
Applied Materials IncAMAT	HLAL +0.04 points	0.82%	0.78%
Southwest Airlines CoLUV	SNPE +0.04 points	0.01%	0.05%
Weyerhaeuser CoWY	HLAL +0.04 points	0.08%	0.04%
QUALCOMM IncQCOM	HLAL +0.04 points	0.48%	0.44%
Coca-Cola Co/TheKO	SNPE +0.03 points	0.89%	0.92%
Regeneron Pharmaceuticals IncREGN	SNPE +0.03 points	0.20%	0.23%
Alphabet IncGOOG	SNPE +0.03 points	3.30%	3.33%
Lam Research CorpLRCX	HLAL +0.03 points	0.78%	0.75%
Dell Technologies IncDELL	HLAL +0.03 points	0.35%	0.32%
AT&T IncT	SNPE +0.03 points	0.34%	0.37%
Salesforce IncCRM	SNPE +0.02 points	0.45%	0.47%
Kla CorpKLAC	HLAL +0.02 points	0.54%	0.52%
Abbott LaboratoriesABT	SNPE +0.02 points	0.44%	0.46%
Valero Energy CorpVLO	SNPE +0.02 points	0.27%	0.29%
Uber Technologies IncUBER	SNPE +0.02 points	0.32%	0.34%
Pfizer IncPFE	SNPE +0.02 points	0.42%	0.44%
ConocoPhillipsCOP	SNPE +0.02 points	0.45%	0.47%
Cisco Systems IncCSCO	HLAL +0.01 points	1.05%	1.04%
Seagate Technology Holdings PLCSTX	HLAL +0.02 points	0.39%	0.37%
Phillips 66PSX	SNPE +0.01 points	0.27%	0.28%
GE Vernova IncGEV	HLAL +0.02 points	0.59%	0.57%
Mondelez International IncMDLZ	SNPE +0.01 points	0.20%	0.21%
Cencora IncCOR	SNPE +0.01 points	0.15%	0.16%
Ecolab IncECL	SNPE +0.01 points	0.18%	0.19%
Analog Devices IncADI	HLAL +0.01 points	0.52%	0.51%
Adobe IncADBE	SNPE +0.01 points	0.24%	0.25%
Stryker CorpSYK	Same weight	0.26%	0.26%
ResMed IncRMD	HLAL +0.01 points	0.09%	0.08%
Ciena CorpCIEN	HLAL +0.01 points	0.12%	0.11%
Newmont CorpNEM	HLAL +0.01 points	0.29%	0.28%
NetApp IncNTAP	HLAL +0.01 points	0.11%	0.10%
Autodesk IncADSK	Same weight	0.13%	0.13%
Cintas CorpCTAS	SNPE +0.01 points	0.18%	0.19%
Digital Realty Trust IncDLR	HLAL +0.01 points	0.17%	0.16%
Ingersoll Rand IncIR	HLAL +0.01 points	0.08%	0.07%
Trane Technologies PLCTT	Same weight	0.23%	0.23%
HP IncHPQ	Same weight	0.07%	0.07%
Baker Hughes CoBKR	SNPE +0.01 points	0.13%	0.14%
International Flavors & Fragrances IncIFF	Same weight	0.06%	0.06%
PACCAR IncPCAR	Same weight	0.13%	0.13%
NIKE IncNKE	SNPE +0.01 points	0.11%	0.12%
Coherent CorpCOHR	HLAL +0.01 points	0.11%	0.10%
Biogen IncBIIB	SNPE +0.01 points	0.09%	0.10%
Carrier Global CorpCARR	Same weight	0.11%	0.11%
Cadence Design Systems IncCDNS	Same weight	0.23%	0.23%
Veralto CorpVLTO	SNPE +0.01 points	0.06%	0.07%
Dow IncDOW	Same weight	0.06%	0.06%
DR Horton IncDHI	Same weight	0.09%	0.09%
Take-Two Interactive Software IncTTWO	HLAL +0.01 points	0.09%	0.08%
TJX Cos Inc/TheTJX	SNPE +0.01 points	0.38%	0.39%
ServiceNow IncNOW	HLAL +0.01 points	0.28%	0.27%
Quanta Services IncPWR	SNPE +0.01 points	0.23%	0.24%
Expand Energy CorpEXE	Same weight	0.05%	0.05%
Texas Instruments IncTXN	HLAL +0.01 points	0.70%	0.69%
Devon Energy CorpDVN	SNPE +0.01 points	0.14%	0.15%
Hershey Co/TheHSY	Same weight	0.06%	0.06%
Occidental Petroleum CorpOXY	SNPE +0.01 points	0.11%	0.12%
Rockwell Automation IncROK	Same weight	0.12%	0.12%
Comfort Systems USA IncFIX	Same weight	0.11%	0.11%
EOG Resources IncEOG	SNPE +0.01 points	0.21%	0.22%
Corning IncGLW	Same weight	0.25%	0.25%
TE Connectivity PLCTEL	Same weight	0.16%	0.16%
SempraSRE	Same weight	0.14%	0.14%
Archer-Daniels-Midland CoADM	Same weight	0.09%	0.09%
Palo Alto Networks IncPANW	Same weight	0.75%	0.75%
ON Semiconductor CorpON	Same weight	0.07%	0.07%
IDEXX Laboratories IncIDXX	Same weight	0.11%	0.11%
Omnicom Group IncOMC	SNPE +0.01 points	0.05%	0.06%
Jacobs Solutions IncJ	SNPE +0.01 points	0.04%	0.05%
Quest Diagnostics IncDGX	Same weight	0.07%	0.07%
First Solar IncFSLR	SNPE +0.01 points	0.04%	0.05%
Church & Dwight Co IncCHD	Same weight	0.06%	0.06%
News CorpNWSA	Same weight	0.03%	0.03%
Marathon Petroleum CorpMPC	Same weight	0.31%	0.31%
Dover CorpDOV	Same weight	0.07%	0.07%
Fortive CorpFTV	Same weight	0.05%	0.05%
Kimberly-Clark CorpKMB	Same weight	0.09%	0.09%
Ulta Beauty IncULTA	Same weight	0.07%	0.07%
Edwards Lifesciences CorpEW	Same weight	0.13%	0.13%
Cummins IncCMI	HLAL +0.01 points	0.18%	0.17%
eBay IncEBAY	Same weight	0.12%	0.12%
Halliburton CoHAL	SNPE +0.01 points	0.07%	0.08%
Emerson Electric CoEMR	HLAL +0.01 points	0.24%	0.23%
Cardinal Health IncCAH	SNPE +0.01 points	0.14%	0.15%
Westinghouse Air Brake Technologies CorpWAB	Same weight	0.12%	0.12%

All 200 HLAL holdings⁠All 326 SNPE 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 SNPE Cost

Overpaying HLAL vs SNPE

$7,873

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

HLAL 0.50%
$9,979
SNPE 0.10%
$2,106

Amount$10,000

Years30 years

Cost over time

HLAL 0.50%
SNPE 0.10%
Overpaying

Year by year

Year	HLAL	SNPE	Overpaying
10	$900	$183	$717
20	$3,460	$717	$2,743
30	$9,979	$2,106	$7,873

Expense ratio

0.50%HLAL
0.10%SNPE, cheaper

SNPE0.10%HLAL0.50%

0.08%0.95%

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

SNPE 7th cheapest of 47 funds

HLAL 40th cheapest of 47 funds

HLAL vs SNPE Dividends

Last 12 months to Oct 30, 2026

Yield (12M): HLAL 0.38%; SNPE 0.99%, better
Payout (12M): HLAL $0.27; SNPE $0.68
Last payment: HLAL $0.10; SNPE $0.18
Ex-dividend: HLAL Sep 24, 2026; SNPE Sep 18, 2026
Paid on: HLAL Sep 25, 2026; SNPE Sep 25, 2026
Frequency: HLAL Quarterly; SNPE Quarterly

Distribution history

Per share, 2019 to 2026, same scale for both

HLALQuarterly · 29 paymentsAll HLAL payments⁠

SNPEQuarterly · 29 paymentsAll SNPE payments⁠

HLAL vs SNPE Risk

Fall from peak · 5 years

HLAL
SNPE

Risk facts

VolatilityStd dev, 3 years: HLAL 14.6%SNPE 12.3%, better
Return per unit of riskSharpe ratio, 3 years: HLAL 1.13SNPE 1.39, better
Worst fallMax drawdown, 5 years: HLAL −23.2%, betterSNPE −24.7%
Market sensitivityBeta, 5 years: HLAL 1.03SNPE 1.01; Market = 1

HLAL and SNPE 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 SNPE

In short

Stated mandate

Why people hold it

Worth knowing

How HLAL and SNPE differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in HLAL

Only in SNPE

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 SNPE differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in HLAL

Only in SNPE

Weight gaps