Wahed FTSE USA Shariah ETF vs Simon Property Group Inc — how do they compare? Wahed FTSE USA Shariah ETF trades at $71.3, while Simon Property Group Inc trades at $227 (market cap $74.00B). The key difference: Simon Property Group Inc pays a 3.86% dividend while Wahed FTSE USA Shariah ETF pays none. Which is the better fit depends on your goals.
| HLAL | SPG | |
|---|---|---|
Sector | Sector/Thematic | Real Estate |
52-Week High | $73.60 | $228.70 |
52-Week Low | $54.05 | $160.68 |
Market Cap | — | $74.00B |
Enterprise Value | — | $102.48B |
Dividend Yield | — | 3.86% |
Trailing returns across standard periods
HLAL is an ETF that invests in Shariah-compliant US companies. It follows a rigorous screening process to exclude businesses involved in non-compliant activities like interest-based finance, alcohol, and gambling.
Read more on HLAL →Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 119 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
Read more on SPG →