HLAL vs PMAY

Comparison between WAHED FTSE USA SHARIAH ETF (HLAL, ETF) and Innovator U.S. Equity Power Buffer ETF - May (PMAY, ETF).

5-Year PerformanceHLAL has outperformed PMAY, delivering a return of +15.4% compared to +7.3%

HLAL vs PMAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HLAL(ETF)	PMAY(ETF)
Net Assets	$918M	$917M
Expense Ratio	0.50%	0.79%
Max Drawdown	33.57%	13.05%
Sharpe Ratio	2.13	1.65
5Y Beta	1.01	0.46
P/E Ratio	32.66	N/A
Forward P/E	22.78	N/A
PEG Ratio	0.49	N/A
5Y Dividends CAGR	4.47%	N/A
5Y EPS CAGR	21.02%	N/A
Debt to Equity	36.86%	N/A

Net Assets

Winner

HLAL

$918M

PMAY

$917M

Expense Ratio

Winner

HLAL

0.50%

PMAY

0.79%

Max Drawdown

HLAL

33.57%

Winner

PMAY

13.05%

Sharpe Ratio

Winner

HLAL

2.13

PMAY

1.65

5Y Beta

HLAL

1.01

Winner

PMAY

0.46

P/E Ratio

HLAL

32.66

PMAY

N/A

Forward P/E

HLAL

22.78

PMAY

N/A

PEG Ratio

HLAL

0.49

PMAY

N/A

5Y Dividends CAGR

HLAL

4.47%

PMAY

N/A

5Y EPS CAGR

HLAL

21.02%

PMAY

N/A

Debt to Equity

HLAL

36.86%

PMAY

N/A

HLAL vs PMAY - Historical Returns

Returns include dividend reinvestment.

Period	HLAL	PMAY
1 month	+2.98%	+0.84%
3 months	+18.70%	+3.79%
6 months	+16.37%	+4.82%
1 year	+38.92%	+11.01%
5 years(CAGR)	+15.45%	+7.29%
Max(CAGR)	+17.50%	+8.31%

Winner

HLAL

+2.98%

PMAY

+0.84%

Winner

HLAL

+18.70%

PMAY

+3.79%

Winner

HLAL

+16.37%

PMAY

+4.82%

Winner

HLAL

+38.92%

PMAY

+11.01%

5Y(CAGR)

Winner

HLAL

+15.45%

PMAY

+7.29%

Max(CAGR)

Winner

HLAL

+17.50%

PMAY

+8.31%

HLAL vs PMAY - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	HLAL	PMAY
2026	+15.84%	+4.28%
2025	+19.23%	+10.30%
2024	+17.97%	+14.39%
2023	+31.61%	+12.37%
2022	-18.38%	-8.38%
2021	+30.00%	+7.91%
2020	+23.54%	+11.97%
2019	+10.97%	N/A

HLAL vs PMAY Drawdown Comparison

The maximum drawdown for HLAL was -33.57%, occurring on Mar 23, 2020. Recovery took 107 trading sessions.

The maximum drawdown for PMAY was -13.05%, occurring on Sep 30, 2022. Recovery took 421 trading sessions.

The current HLAL drawdown is -2.39%. The current PMAY drawdown is -0.35%.

Rank	HLAL	PMAY
#1	-33.57% Feb 19, 2020 - Jul 22, 2020	-13.05% Mar 29, 2022 - Dec 1, 2023
#2	-23.18% Jan 3, 2022 - Jul 13, 2023	-9.43% Feb 19, 2025 - May 12, 2025
#3	-21.67% Dec 16, 2024 - Jul 23, 2025	-4.40% Jan 12, 2022 - Mar 28, 2022
#4	-10.20% Jan 28, 2026 - Apr 15, 2026	-3.80% Jul 16, 2024 - Aug 16, 2024
#5	-10.00% Sep 2, 2020 - Nov 16, 2020	-3.70% Jun 8, 2020 - Jul 17, 2020
#6	-9.86% Jul 31, 2023 - Dec 1, 2023	-2.68% Oct 13, 2020 - Nov 6, 2020
#7	-9.28% Jul 10, 2024 - Nov 7, 2024	-2.20% May 7, 2021 - May 27, 2021
#8	-7.12% Jul 24, 2019 - Sep 12, 2019	-2.18% Aug 28, 2020 - Oct 9, 2020
#9	-7.05% Feb 12, 2021 - Apr 5, 2021	-2.03% May 11, 2020 - May 18, 2020
#10	-6.25% Jun 2, 2026 - Jun 10, 2026	-1.86% Sep 3, 2021 - Oct 19, 2021
#11	-5.63% Sep 2, 2021 - Oct 25, 2021	-1.85% Jun 2, 2026 - Jun 10, 2026
#12	-5.26% Apr 9, 2024 - May 14, 2024	-1.78% Aug 30, 2024 - Sep 13, 2024
#13	-5.19% Oct 29, 2025 - Nov 28, 2025	-1.65% Jul 9, 2021 - Aug 3, 2021
#14	-4.43% Jan 25, 2021 - Feb 12, 2021	-1.60% Nov 5, 2021 - Dec 23, 2021
#15	-4.29% May 7, 2021 - Jun 24, 2021	-1.58% Feb 25, 2026 - Apr 6, 2026