What is a good halal equivalent to QQQ

📈 Investing & Markets Stocks
#1

what is a good halal equivalent to QQQ

#2

The closest equivalent would likely be the SP Funds S&P 500 Sharia ETF (SPUS).

Screen Shot 2023-07-24 at 7.31.28 PM
Screen Shot 2023-07-24 at 7.31.28 PM1920×722 48.9 KB

#3

Thank you
Which tool are you using to find this

#4

Zoya, of course :slight_smile:

If you’re referring to the screenshot, that’s the Fund Overlap tool by ETFRC.

2 Likes
#5

By the way, my answer is based on your original question asking about the halal equivalent to the S&P 500. I see you’ve now changed it to QQQ instead. I believe HLAL has a slightly higher overlap with QQQ compared to SPUS.