AESRETF / FundAnfield U.S. Equity Sector Rotation ETF
Verdicts genuinely change. Free email alert the moment AESR's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
Anfield U.S. Equity Sector Rotation ETF · Horizon Funds
32 holdings · as of 2026-07-31 (2.7 months ago)
UNVERIFIED Only 14% of this fund's holdings matched a company we have independently screened — below the 70% floor needed to state a verdict.
32 holdings, 19 matched (14% of weight). Portfolio as of 2026-07-31, filed 2026-09-23. Source: SEC Form N-PORT.
0.35% of this portfolio’s income is non-permissible — weighted across holdings, computed over 14% of portfolio weight (19 of 32 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
All holdings (32)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ARK Next Generation Internet E | UNSCREENED | 16.80% | no in-house ratios for this holding |
| iShares Semiconductor ETF | UNSCREENED | 16.12% | no in-house ratios for this holding |
| State Street SPDR S&P 500 ETF | UNSCREENED | 15.57% | no in-house ratios for this holding |
| iShares U.S. Pharmaceuticals E | UNSCREENED | 10.37% | no in-house ratios for this holding |
| iShares U.S. Financial Service | UNSCREENED | 7.01% | no in-house ratios for this holding |
| Invesco KBW Bank ETF | UNSCREENED | 5.97% | no in-house ratios for this holding |
| State Street Industrial Select | UNSCREENED | 5.44% | no in-house ratios for this holding |
| State Street SPDR S&P Insuranc | UNSCREENED | 2.86% | no in-house ratios for this holding |
| State Street Consumer Staples | UNSCREENED | 1.89% | no in-house ratios for this holding |
| State Street SPDR S&P Homebuil | UNSCREENED | 1.46% | no in-house ratios for this holding |
| iShares U.S. Transportation ET | UNSCREENED | 1.13% | no in-house ratios for this holding |
| ROST Ross Stores Inc | COMPLIANT | 0.89% | AAOIFI6.4% Usmani29.7% Dow Jones Islamic8.5% S&P Shariah9.2% MSCI Islamic29.7% MSCI Islamic M-Series9.2% FTSE Shariah6.4% |
| CASY Casey's General Stores Inc | NON_COMPLIANT | 0.83% | AAOIFI13.4% Usmani31.8% Dow Jones Islamic13.9% S&P Shariah16.3% MSCI Islamic31.8% MSCI Islamic M-Series16.3% FTSE Shariah26.6% |
| LFUS Littelfuse Inc | COMPLIANT | 0.82% | AAOIFI6.6% Usmani18.5% Dow Jones Islamic9.9% S&P Shariah10.5% MSCI Islamic18.5% MSCI Islamic M-Series10.5% FTSE Shariah16.4% |
| CSX CSX Corp | COMPLIANT | 0.80% | AAOIFI21.8% Usmani43.3% Dow Jones Islamic27.6% S&P Shariah28.4% MSCI Islamic43.3% MSCI Islamic M-Series28.4% FTSE Shariah42.2% |
| MSGS Madison Square Garden Sports C | QUESTIONABLE | 0.79% | AAOIFI11.9% Usmani75.5% Dow Jones Islamic18.1% S&P Shariah20.1% MSCI Islamic75.5% MSCI Islamic M-Series20.1% FTSE Shariah16.8% |
| RPRX Royalty Pharma PLC | NON_COMPLIANT | 0.79% | AAOIFI25.9% Usmani45.2% Dow Jones Islamic57.5% S&P Shariah64.9% MSCI Islamic45.2% MSCI Islamic M-Series64.9% FTSE Shariah45.2% |
| DAR Darling Ingredients Inc | NON_COMPLIANT | 0.78% | AAOIFI41.5% Usmani38.0% Dow Jones Islamic62.6% S&P Shariah61.5% MSCI Islamic38.0% MSCI Islamic M-Series61.5% FTSE Shariah35.9% |
| Millicom International Cellula | UNSCREENED | 0.78% | no in-house ratios for this holding |
| PWR Quanta Services Inc | COMPLIANT | 0.78% | AAOIFI6.9% Usmani23.3% Dow Jones Islamic10.1% S&P Shariah12.1% MSCI Islamic23.3% MSCI Islamic M-Series12.1% FTSE Shariah21.5% |
| TRGP Targa Resources Corp | NON_COMPLIANT | 0.77% | AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7% |
| KEYS Keysight Technologies Inc | COMPLIANT | 0.77% | AAOIFI4.8% Usmani23.0% Dow Jones Islamic7.5% S&P Shariah8.4% MSCI Islamic23.0% MSCI Islamic M-Series8.4% FTSE Shariah21.1% |
| FIX Comfort Systems USA Inc | COMPLIANT | 0.76% | AAOIFI0.6% Usmani4.4% Dow Jones Islamic1.2% S&P Shariah1.5% MSCI Islamic4.4% MSCI Islamic M-Series1.5% FTSE Shariah0.6% |
| NVT nVent Electric PLC | COMPLIANT | 0.75% | AAOIFI6.2% Usmani22.8% Dow Jones Islamic10.2% S&P Shariah11.5% MSCI Islamic22.8% MSCI Islamic M-Series11.5% FTSE Shariah20.9% |
| JBL Jabil Inc | COMPLIANT | 0.73% | AAOIFI11.7% Usmani16.3% Dow Jones Islamic16.6% S&P Shariah18.9% MSCI Islamic16.3% MSCI Islamic M-Series18.9% FTSE Shariah14.2% |
| ESI Element Solutions Inc | COMPLIANT | 0.71% | AAOIFI20.7% Usmani31.7% Dow Jones Islamic26.2% S&P Shariah28.2% MSCI Islamic31.7% MSCI Islamic M-Series28.2% FTSE Shariah30.2% |
| ECG Everus Construction Group Inc | COMPLIANT | 0.70% | AAOIFI5.9% Usmani17.7% Dow Jones Islamic8.1% S&P Shariahpass MSCI Islamic17.7% MSCI Islamic M-Seriespass FTSE Shariah13.3% |
| CRS Carpenter Technology Corp | COMPLIANT | 0.68% | AAOIFI3.2% Usmani19.0% Dow Jones Islamic4.9% S&P Shariah6.4% MSCI Islamic19.0% MSCI Islamic M-Series6.4% FTSE Shariah18.0% |
| CAT Caterpillar Inc | COMPLIANT | 0.67% | AAOIFI1.6% Usmani5.3% Dow Jones Islamic2.0% S&P Shariah2.4% MSCI Islamic5.3% MSCI Islamic M-Series2.4% FTSE Shariah5.3% |
| FLEX Flex Ltd | COMPLIANT | 0.62% | AAOIFI14.4% Usmani24.1% Dow Jones Islamic25.4% S&P Shariah30.5% MSCI Islamic24.1% MSCI Islamic M-Series30.5% FTSE Shariah20.7% |
| First American Government Obli | UNSCREENED | 0.53% | no in-house ratios for this holding |
| MTZ MasTec Inc | COMPLIANT | 0.53% | AAOIFI16.4% Usmani33.2% Dow Jones Islamic19.2% S&P Shariah24.0% MSCI Islamic29.6% MSCI Islamic M-Series24.0% FTSE Shariah25.1% |
The published standards disagree about this fund by 4 points of portfolio weight — 12.6% of it passes AAOIFI, 8.8% passes MSCI Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 12.6% ratios fail on 1.6% 85.9% not rated under AAOIFI
ratios pass on 9.7% ratios fail on 4.5% 85.9% not rated under Usmani
ratios pass on 11.1% ratios fail on 2.3% 86.7% not rated under Dow Jones Islamic
ratios pass on 11.1% ratios fail on 2.3% 86.7% not rated under S&P Shariah
ratios pass on 8.8% ratios fail on 4.6% 86.7% not rated under MSCI Islamic
ratios pass on 11.1% ratios fail on 2.3% 86.7% not rated under MSCI Islamic M-Series
ratios pass on 9.6% ratios fail on 3.8% 86.7% not rated under FTSE Shariah
19 of 32 listed holdings carry our own per-methodology verdicts (14% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none.
Methodology breakdown computing — it will appear here on its own.
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Why this signal?
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for AESR — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
Price Forecast
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Technical Summary
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Every indicator, and what it reads
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 42.70 | NEUTRAL |
| Stochastic %K (14) | 24.03 | NEUTRAL |
| CCI (20) | -125.68 | BUY |
| Williams %R (14) | -75.97 | NEUTRAL |
| MACD (12,26,9) | -0.08 | SELL |
| ROC (10) | -4.02 | SELL |
| Momentum (10) | -0.82 | SELL |
| EMA (10) | 19.74 | SELL |
| SMA (10) | 19.82 | SELL |
| EMA (20) | 19.86 | SELL |
| SMA (20) | 19.97 | SELL |
| EMA (30) | 19.90 | SELL |
| SMA (30) | 19.91 | SELL |
| EMA (50) | 19.91 | SELL |
| SMA (50) | 19.98 | SELL |
| EMA (100) | 19.77 | SELL |
| SMA (100) | 20.02 | SELL |
| EMA (200) | 19.21 | BUY |
| SMA (200) | 19.01 | BUY |
About Anfield U.S. Equity Sector Rotation ETF
For purposes of the fund’s 80% policy, the managers define U.S. equity securities as common stocks and preferred stocks of issuers of any market capitalization, convertible debt securities, American Depositary Receipts, real estate investment trusts, derivative instruments related thereto (which may include futures, options, or other derivative instruments), and shares of other investment companies, such as ETFs and mutual funds, that invest primarily in U.S. equity securities (“underlying funds”).
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
SMC — Top Down
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | RANGING | 41 |
| 🕐 1H | RANGING | 36 |
| ⏱ 15-Min | BULLISH | 130 |
| ⏲ 5-Min | BEARISH | 234 |
Momentum & Volume
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
Peer Movement
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
Before you act on this
The questions worth asking about any verdict on this page, answered plainly.
Is a fund screened on its name?
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
What does unrated weight mean?
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
Does the issuer's board make it compliant?
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
How often is this re-screened?
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Compare with
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Insider Activity (90d)
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-10-13 · Asset managers net 915835 (+9220)
AI Summary
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.