MNZL ETF — Manzil Russell Halal USA Broad Market ETF

Manzil Russell Halal USA Broad Market ETF (MNZL)

Updated October 16, 2026.

MNZL is an ETF. its trailing-12-month yield is 0.03%, its expense ratio is 0.40%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 19.7% over the past 0.9 years, 3.3 points ahead of SPY at 16.4%.

Manzil Russell Halal USA Broad Market ETF is a passively managed fund that tracks large-capitalization U.S. companies screened for compliance with Shariah principles using the Russell IdealRatings system. The fund carries an expense ratio of 0.40% and has a very modest current distribution rate, with distributions paid annually; note that the latest distribution was special and may not recur on a regular basis. The fund appeals to investors seeking broad U.S. equity exposure aligned with Islamic investment principles.

MNZL performance versus SPY

Price and return data through 2026-10-16.

Total return is 19.7% over the past 0.9 years, 3.3 points ahead of SPY at 16.4%. Its deepest 1-year drawdown was 9.7%.

MNZL key facts

Distribution Safety Score™

50 · Unproven

Issuer

Manzil

Asset type

ETF

Asset class

Equity

Inception date

11/18/2025

Expense ratio

0.40%

Distribution frequency

Annual

Trailing yield

0.03%

Last close

$60.01 (as of 2026-10-16)

AUM

$35,276,090

Average volume

8000.0

Dividend

$0.02

Ex-dividend date

12/30/2025

Payment date

12/31/2025

Beta

1.1534

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.03%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Manzil; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MNZL risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 9.7%.

Who may consider MNZL — and who may not

It is a weaker fit for investors who need monthly cash flow (MNZL pays annual). This is educational context, not a recommendation to buy or sell.

More on MNZL

• All tickers starting with M

Frequently asked questions

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