HLAL vs VTI
Wahed FTSE USA Shariah ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, HLAL or VTI?
Nearly the same fund. VTI costs less.
VTI has a lower expense ratio. HLAL led over 1Y, 5Y and the full window, VTI over 3Y. The two have moved almost in lockstep, correlation 0.96. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 58.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HLAL | VTI |
|---|---|---|
| Expense Ratio | 0.50% | 0.03%Best |
| AUM | $939M | $666.9B |
| Dividend Yield | 0.44% | 1.03% |
| Holdings | 213 | 3,543 |
| YTD Return | +21.55%Best | +13.60% |
| 1Y Return | +28.49%Best | +18.17% |
| 3Y Return (annualized) | +23.03% | +23.04%Best |
| 5Y Return (annualized) | +15.00%Best | +12.14% |
| Volatility (annualized) | 17.9% | 16.9%Best |
| Max Drawdown | -33.6%Best | -35.0% |
| $10,000 over 5 years | $20,114Best | $17,734 |
| Top 10 Weight | 58.6% | 33.3%Best |
| Fund Family | Wahed Invest | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jul 15, 2019 | May 24, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Jul 16, 2019 to Sep 25, 2026 (7.2 years).
HLAL vs VTI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.2 years both funds cover.
HLAL vs VTI Performance
Wahed FTSE USA Shariah ETF (HLAL) is an ETF from Wahed Invest and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year HLAL returned +28.49% while VTI returned +18.17%. Year to date, HLAL is up 21.55% versus a gain of 13.60% for VTI.
Over three years, HLAL compounded at +23.03% per year against +23.04% for VTI; over five years the annualized figures are +15.00% and +12.14% respectively. Across the full 7-year window we track, HLAL has the edge at +17.33% annualized vs +14.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HLAL has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 16.9% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.6% for HLAL and -35.0% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HLAL charges 0.50% per year while VTI charges 0.03%. On a $10,000 position that is $50 vs $3 annually, a gap of $47 per year that compounds over a long holding period. On income, HLAL currently yields 0.44% against 1.03% for VTI.
Holdings Overlap
99.2% of HLAL's money is in holdings VTI also owns. 52.4% of VTI's money is in holdings HLAL also owns.
Most of HLAL is already inside VTI. Owning both mostly buys the same companies twice.
202 positions in common, counted across the 210 positions we hold weights for in HLAL and 3,463 in VTI, against full books of 213 and 3,543.
What only one of them owns
Our book lists 953 positions for VTI that do not appear in our book for HLAL (45.2% of the fund), and 6 for HLAL that do not appear in VTI (0.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in HLAL | Weight in VTI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 13.01% | 6.40% | 6.61% |
| AAPLApple, Inc | 11.91% | 6.29% | 5.62% |
| MSFTMicrosoft Corp | 9.35% | 4.79% | 4.56% |
| GOOGLAlphabet Inc,class A | 4.98% | 2.90% | 2.08% |
| AVGOBroadcom Inc | 4.33% | 2.56% | 1.77% |
| GOOGAlphabet Inc | 4.02% | 2.31% | 1.71% |
| METAMeta Platforms Inc | 3.30% | 1.70% | 1.60% |
| MUMicron Technology, Inc. | 2.73% | 1.29% | 1.44% |
| TSLATesla Inc | 2.64% | 1.22% | 1.42% |
| LLYEli Lilly & Co. | 2.33% | 1.35% | 0.98% |
99.2% of HLAL is already inside VTI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HLAL or VTI?
HLAL has an expense ratio of 0.50% while VTI charges 0.03%. VTI is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, HLAL or VTI?
Over the past year HLAL returned +28.49% vs +18.17% for VTI, so HLAL leads on 1-year performance. Over the longest common window we track (7 years), HLAL annualized +17.33% vs +14.67% for VTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HLAL or VTI?
HLAL has been the more volatile fund at 17.9% annualized versus 16.9% for VTI. Worst drawdown: HLAL -33.6% vs VTI -35.0%.
Should I hold both HLAL and VTI?
HLAL and VTI have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between HLAL and VTI?
99.2% of HLAL's money is in holdings VTI also owns. 52.4% of VTI's is in holdings HLAL also owns. They hold 202 positions in common, counted across the 210 positions we hold weights for in HLAL and 3,463 in VTI.
Which pays a higher dividend, HLAL or VTI?
HLAL yields 0.44% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than HLAL?
VTI has a lower expense ratio. HLAL led over 1Y, 5Y and the full window, VTI over 3Y. The two have moved almost in lockstep, correlation 0.96. VTI is less concentrated, with 33.3% of the fund in its ten largest positions against 58.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.