Help evaluate HLaL vs Spus

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Keenobserver
Posts: 788
Joined: Thu Aug 13, 2015 1:05 pm

Help evaluate HLaL vs Spus

Post by Keenobserver »

Im currently considering HLAL vs Spus . I see that HLAL has been lagging in performence as compared to SPUS in the last 6 months. Yes i know 6 months is not a long enough time, however, I would like an idea of why mainly there is a noticable difference in performence.
quantAndHold
Posts: 6112
Joined: Thu Sep 17, 2015 10:39 pm

Re: Help evaluate HLaL vs Spus

Post by quantAndHold »

HLAL = Wahed FTSE USA Shariah ETF
SPUS = SP Funds S&P 500 Sharia Industry Exclusions

It appears that SPUS is basically a S&P500 (large/mega cap) index, and HLAL has a mix of large caps and mid caps. Mega caps have been where the bulk of the growth has been in recent years, which would explain the difference in returns. Whether that trend will continue into the future, nobody really knows.
Yes, I’m really that pedantic.
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