HLAL vs SCHD
HLAL vs SCHD
Wahed FTSE USA Shariah ETF vs Schwab US Dividend Equity ETF
Quick Verdict
SCHD has a lower expense ratio. HLAL delivered stronger 1-year returns. HLAL offers more diversification with 208 holdings.
Side-by-Side Comparison
| Metric | HLAL | SCHD | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.06% | |
| AUM | $906M | $103.7B | |
| Dividend Yield | 0.45% | 3.31% | |
| Holdings | 209 | 104 | |
| YTD Return | +17.01% | +23.31% | |
| 1Y Return | +33.46% | +30.42% | |
| 3Y Return (annualized) | +19.78% | +14.66% | |
| 5Y Return (annualized) | +14.01% | +9.59% | |
| Volatility (annualized) | 18.0% | 13.6% | |
| Max Drawdown | -33.6% | -33.4% | |
| Fund Family | Wahed Invest | Charles Schwab Asset Management | |
| Category | Equity | Equity | |
| Inception | Jul 15, 2019 | Oct 20, 2011 |
HLAL vs SCHD Performance
Wahed FTSE USA Shariah ETF (HLAL) is a ETF from Wahed Invest and Schwab US Dividend Equity ETF (SCHD) is a ETF from Charles Schwab Asset Management. Over the past year HLAL returned +33.46% while SCHD returned +30.42%. Year to date, HLAL is up 17.01% versus a gain of 23.31% for SCHD.
Over three years, HLAL compounded at +19.78% per year against +14.66% for SCHD; over five years the annualized figures are +14.01% and +9.59% respectively. Across the full 7-year window we track, HLAL has the edge at +17.07% annualized vs +11.34%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HLAL has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 13.6% for SCHD. 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 -33.4% for SCHD. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HLAL charges 0.50% per year while SCHD charges 0.06%. On a $10,000 position that is $50 vs $6 annually, a gap of $44 per year that compounds over a long holding period. On income, HLAL currently yields 0.45% against 3.31% for SCHD.
Holdings Overlap
HLAL and SCHD share 16 holdings out of 292 unique holdings combined, representing a 7.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in HLAL | Weight in SCHD | Difference |
|---|---|---|---|
| PG | 1.00% | 4.15% | 3.15% |
| MRK | 0.83% | 4.32% | 3.49% |
| KO | 0.94% | 4.08% | 3.14% |
| CVX | Pro | Pro | Pro |
| ABT | Pro | Pro | Pro |
| TXN | Pro | Pro | Pro |
| COP | Pro | Pro | Pro |
| QCOM | Pro | Pro | Pro |
| UPS | Pro | Pro | Pro |
| EOG | Pro | Pro | Pro |
See all 10 holdings HLAL shares with SCHD Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, HLAL or SCHD?
HLAL has an expense ratio of 0.50% while SCHD charges 0.06%. SCHD is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, HLAL or SCHD?
Over the past year HLAL returned +33.46% vs +30.42% for SCHD, so HLAL leads on 1-year performance. Over the longest common window we track (7 years), HLAL annualized +17.07% vs +11.34% for SCHD. Past performance does not guarantee future results.
Which is riskier, HLAL or SCHD?
HLAL has been the more volatile fund at 18.0% annualized versus 13.6% for SCHD. Worst drawdown: HLAL -33.6% vs SCHD -33.4%.
Should I hold both HLAL and SCHD?
HLAL and SCHD have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HLAL and SCHD?
HLAL and SCHD share 16 common holdings with a 7.3% weight overlap. Combined, they hold 292 unique securities.
Which pays a higher dividend, HLAL or SCHD?
HLAL yields 0.45% while SCHD yields 3.31%, so SCHD currently pays the higher dividend yield.
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