Performance analysis of HLAL (WAHED FTSE USA SHARIAH ETF)
Annual Return
Over the past 3 years, HLAL has had an average annual return of +18.72%, underperforming the benchmark SPY, which returned +19.63% annual.
Over the past 5 years, HLAL has had an average annual return of +14.10%, outperforming the benchmark SPY, which returned +12.73% annual.
Since Jul 16, 2019, HLAL has had an average annual return of +17.11%, outperforming the benchmark SPY, which returned +15.60% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +15.03% | +18.30% | +16.69% | +30.12% | -17.56% | +28.64% | +24.65% | +10.97% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.90% | -0.36% | -5.69% | +12.88% | +9.23% | -2.37% | -0.21% | +15.03% | |||||
| 2025 | +2.52% | -3.55% | -6.20% | -1.15% | +5.82% | +4.80% | +2.67% | +2.95% | +5.15% | +3.47% | +1.68% | -0.50% | +18.30% |
| 2024 | +0.33% | +4.27% | +1.75% | -3.89% | +4.56% | +4.22% | +0.12% | +1.08% | +2.44% | -3.10% | +5.03% | -0.81% | +16.69% |
| 2023 | +5.99% | -1.45% | +6.22% | +1.59% | +1.84% | +6.28% | +3.13% | -1.59% | -4.51% | -2.75% | +9.15% | +3.67% | +30.12% |
| 2022 | -5.02% | -2.85% | +4.60% | -7.42% | +0.21% | -8.83% | +9.76% | -4.40% | -8.87% | +7.29% | +5.02% | -6.26% | -17.56% |
| 2021 | +0.63% | -0.46% | +4.33% | +3.31% | +0.14% | +3.34% | +2.87% | +2.32% | -4.67% | +7.61% | +1.40% | +5.15% | +28.64% |
| 2020 | -0.95% | -9.55% | -11.88% | +13.95% | +5.71% | +2.86% | +6.99% | +10.05% | -4.36% | -4.60% | +12.69% | +5.25% | +24.65% |
| 2019 | -0.08% | -3.24% | +3.52% | +1.77% | +4.58% | +4.19% | +10.97% |
Drawdown analysis of HLAL (WAHED FTSE USA SHARIAH ETF)
The maximum drawdown for the HLAL was -33.57%, occurring on Mar 23, 2020. Recovery took 84 trading sessions.
The current HLAL drawdown is -3.18%.
Since Jul 16, 2019 HLAL has experienced the following drawdowns:
- 30% or more: 1 time
- 20% or more: 3 times
- 10% or more: 5 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.57% | Feb 19, 2020 | 23 | Mar 23, 2020 | 84 | Jul 22, 2020 | 107 |
| -23.18% | Jan 3, 2022 | 195 | Oct 12, 2022 | 187 | Jul 13, 2023 | 382 |
| -21.67% | Dec 16, 2024 | 76 | Apr 8, 2025 | 72 | Jul 23, 2025 | 148 |
| -10.20% | Jan 28, 2026 | 42 | Mar 30, 2026 | 11 | Apr 15, 2026 | 53 |
| -10.00% | Sep 2, 2020 | 41 | Oct 30, 2020 | 11 | Nov 16, 2020 | 52 |
| -9.86% | Jul 31, 2023 | 63 | Oct 27, 2023 | 24 | Dec 1, 2023 | 87 |
| -9.27% | Jul 10, 2024 | 18 | Aug 5, 2024 | 67 | Nov 7, 2024 | 85 |
| -7.12% | Jul 24, 2019 | 16 | Aug 15, 2019 | 19 | Sep 12, 2019 | 35 |
| -7.05% | Feb 12, 2021 | 13 | Mar 4, 2021 | 21 | Apr 5, 2021 | 34 |
| -6.25% | Jun 2, 2026 | 6 | Jun 10, 2026 | Ongoing | Ongoing | Ongoing |
| -5.63% | Sep 2, 2021 | 21 | Oct 4, 2021 | 15 | Oct 25, 2021 | 36 |
| -5.26% | Apr 9, 2024 | 8 | Apr 19, 2024 | 17 | May 14, 2024 | 25 |
| -5.19% | Oct 29, 2025 | 16 | Nov 20, 2025 | 5 | Nov 28, 2025 | 21 |
| -4.44% | Jan 25, 2021 | 4 | Jan 29, 2021 | 10 | Feb 12, 2021 | 14 |
| -4.29% | May 7, 2021 | 3 | May 12, 2021 | 30 | Jun 24, 2021 | 33 |
| -4.14% | Sep 12, 2019 | 14 | Oct 2, 2019 | 17 | Oct 25, 2019 | 31 |
| -3.89% | Oct 6, 2025 | 4 | Oct 10, 2025 | 6 | Oct 20, 2025 | 10 |
| -3.71% | Jan 17, 2020 | 9 | Jan 31, 2020 | 4 | Feb 6, 2020 | 13 |
| -2.95% | Dec 15, 2021 | 3 | Dec 20, 2021 | 3 | Dec 23, 2021 | 6 |
| -2.84% | Jul 12, 2021 | 5 | Jul 19, 2021 | 4 | Jul 23, 2021 | 9 |
| -2.70% | Nov 19, 2021 | 7 | Dec 1, 2021 | 4 | Dec 7, 2021 | 11 |
| -2.69% | Dec 27, 2023 | 6 | Jan 5, 2024 | 9 | Jan 19, 2024 | 15 |
| -2.56% | Jan 29, 2024 | 2 | Jan 31, 2024 | 5 | Feb 7, 2024 | 7 |
| -2.51% | Jul 22, 2020 | 2 | Jul 24, 2020 | 5 | Jul 31, 2020 | 7 |
| -2.49% | Nov 11, 2024 | 4 | Nov 15, 2024 | 7 | Nov 26, 2024 | 11 |