Wahed FTSE USA Shariah ETF vs Utilities Select Sector SPDR Fund — how do they compare? Wahed FTSE USA Shariah ETF trades at $71.3, while Utilities Select Sector SPDR Fund trades at $44.97. The key difference: Wahed FTSE USA Shariah ETF is trading nearer its 52-week high, Utilities Select Sector SPDR Fund nearer its low. Which is the better fit depends on your goals.
| HLAL | XLU | |
|---|---|---|
Sector | Sector/Thematic | — |
52-Week High | $73.60 | $47.73 |
52-Week Low | $54.05 | $41.31 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: electric utilities; water utilities; multi-utilities; independent power and renewable electricity producers; and gas utilities. The fund is non-diversified.
Read more on XLU →