AGOXETF / FundAdaptive Alpha Opportunities ETF
Verdicts genuinely change. Free email alert the moment AGOX's does — no target price to set, unlike a price alert.
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.
Adaptive Alpha Opportunities ETF · Starboard Investment Trust
109 holdings
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 136% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
UNVERIFIED Only 5% of this fund's holdings matched a company we have independently screened — below the 70% floor needed to state a verdict.
109 holdings, 17 matched (5% of weight). Portfolio as of 2026-08-31, filed 2026-10-30. Source: SEC Form N-PORT.
0.66% of this portfolio’s income is non-permissible — weighted across holdings, computed over 5% of portfolio weight (15 of 109 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 (109)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| State Street SPDR S&P 500 ETF Trust | UNSCREENED | 55.12% | no in-house ratios for this holding |
| Invesco QQQ Trust Series 1 | UNSCREENED | 19.29% | no in-house ratios for this holding |
| State Street Technology Select Sector SPDR ETF | UNSCREENED | 9.03% | no in-house ratios for this holding |
| Vanguard FTSE Emerging Markets ETF | UNSCREENED | 4.77% | no in-house ratios for this holding |
| State Street Materials Select Sector SPDR ETF | UNSCREENED | 3.41% | no in-house ratios for this holding |
| iShares Global Infrastructure ETF | UNSCREENED | 2.91% | no in-house ratios for this holding |
| State Street Health Care Select Sector SPDR ETF | UNSCREENED | 2.63% | no in-house ratios for this holding |
| iShares MSCI USA Momentum Factor ETF | UNSCREENED | 2.37% | no in-house ratios for this holding |
| Fidelity Government Portfolio | UNSCREENED | 2.36% | no in-house ratios for this holding |
| VanEck Semiconductor ETF | UNSCREENED | 2.33% | no in-house ratios for this holding |
| HWM Howmet Aerospace Inc | NON_COMPLIANT | 2.18% | AAOIFI5.1% Usmani35.2% Dow Jones Islamic6.2% S&P Shariah7.9% MSCI Islamic35.2% MSCI Islamic M-Series7.9% FTSE Shariah34.0% |
| iShares MSCI EAFE Value ETF | UNSCREENED | 2.18% | no in-house ratios for this holding |
| SPDR Gold Shares | UNSCREENED | 1.99% | no in-house ratios for this holding |
| NVDA NVIDIA Corp | COMPLIANT | 1.72% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| Vanguard FTSE Europe ETF | UNSCREENED | 1.57% | no in-house ratios for this holding |
| WDC Western Digital Corp | COMPLIANT | 1.47% | AAOIFI0.9% Usmani8.6% Dow Jones Islamic1.6% S&P Shariah2.1% MSCI Islamic8.6% MSCI Islamic M-Series2.1% FTSE Shariah7.6% |
| Vanguard Real Estate ETF | UNSCREENED | 1.44% | no in-house ratios for this holding |
| Invesco QQQ Trust Se | UNSCREENED | 1.43% | no in-house ratios for this holding |
| iShares MSCI USA Value Factor ETF | UNSCREENED | 1.33% | no in-house ratios for this holding |
| State Street Industrial Select Sector SPDR ETF | UNSCREENED | 1.15% | no in-house ratios for this holding |
| Invesco QQQ Trust Se | UNSCREENED | 1.13% | no in-house ratios for this holding |
| State Street SPDR S&P Aerospace & Defense ETF | UNSCREENED | 0.93% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.82% | no in-house ratios for this holding |
| WDC Western Digital Corp | COMPLIANT | 0.74% | AAOIFI0.9% Usmani8.6% Dow Jones Islamic1.6% S&P Shariah2.1% MSCI Islamic8.6% MSCI Islamic M-Series2.1% FTSE Shariah7.6% |
| VanEck Vectors Semic | UNSCREENED | 0.72% | no in-house ratios for this holding |
| Invesco QQQ Trust Se | UNSCREENED | 0.71% | no in-house ratios for this holding |
| iShares Expanded Tech-Software Sector ETF | UNSCREENED | 0.59% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.53% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.47% | no in-house ratios for this holding |
| SPDR Gold Shares | UNSCREENED | 0.46% | no in-house ratios for this holding |
| State Street Financial Select Sector SPDR ETF | UNSCREENED | 0.39% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.38% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.36% | no in-house ratios for this holding |
| Energy Select Sector | UNSCREENED | 0.35% | no in-house ratios for this holding |
| Invesco QQQ Trust Se | UNSCREENED | 0.29% | no in-house ratios for this holding |
| NVDA NVIDIA Corp | COMPLIANT | 0.29% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| State Street Utilities Select Sector SPDR ETF | UNSCREENED | 0.28% | no in-house ratios for this holding |
| State Street SPDR | UNSCREENED | 0.27% | no in-house ratios for this holding |
| State Street SPDR | UNSCREENED | 0.26% | no in-house ratios for this holding |
| NVDA NVIDIA Corp | COMPLIANT | 0.25% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| State Street SPDR | UNSCREENED | 0.23% | no in-house ratios for this holding |
| TSLA Tesla Inc | COMPLIANT | 0.21% | AAOIFI1.1% Usmani10.8% Dow Jones Islamic1.3% S&P Shariah1.5% MSCI Islamic10.6% MSCI Islamic M-Series1.5% FTSE Shariah6.1% |
| VanEck Vectors Semic | UNSCREENED | 0.20% | no in-house ratios for this holding |
| TSLA Tesla Inc | COMPLIANT | 0.20% | AAOIFI1.1% Usmani10.8% Dow Jones Islamic1.3% S&P Shariah1.5% MSCI Islamic10.6% MSCI Islamic M-Series1.5% FTSE Shariah6.1% |
| Technology Select Se | UNSCREENED | 0.20% | no in-house ratios for this holding |
| Invesco QQQ Trust Se | UNSCREENED | 0.20% | no in-house ratios for this holding |
| State Street SPDR | UNSCREENED | 0.19% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.18% | no in-house ratios for this holding |
| SPDR Gold Shares | UNSCREENED | 0.18% | no in-house ratios for this holding |
| Technology Select Se | UNSCREENED | 0.18% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.17% | no in-house ratios for this holding |
| State Street Consumer Staples Select Sector SPDR ETF | UNSCREENED | 0.15% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.15% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.15% | no in-house ratios for this holding |
| Materials Select Sec | UNSCREENED | 0.15% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.14% | no in-house ratios for this holding |
| State Street SPDR | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Industrial Select Se | UNSCREENED | 0.14% | no in-house ratios for this holding |
| Technology Select Se | UNSCREENED | 0.14% | no in-house ratios for this holding |
| US OIL FUND LP | UNSCREENED | 0.13% | no in-house ratios for this holding |
| State Street SPDR | UNSCREENED | 0.10% | no in-house ratios for this holding |
| TSLA Tesla Inc | COMPLIANT | 0.10% | AAOIFI1.1% Usmani10.8% Dow Jones Islamic1.3% S&P Shariah1.5% MSCI Islamic10.6% MSCI Islamic M-Series1.5% FTSE Shariah6.1% |
| VanEck Vectors Semic | UNSCREENED | 0.09% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.09% | no in-house ratios for this holding |
| Health Care Select S | UNSCREENED | 0.09% | no in-house ratios for this holding |
| Invesco QQQ Trust Se | UNSCREENED | 0.08% | no in-house ratios for this holding |
| WDC Western Digital Corp | COMPLIANT | 0.08% | AAOIFI0.9% Usmani8.6% Dow Jones Islamic1.6% S&P Shariah2.1% MSCI Islamic8.6% MSCI Islamic M-Series2.1% FTSE Shariah7.6% |
| Technology Select Se | UNSCREENED | 0.08% | no in-house ratios for this holding |
| Industrial Select Se | UNSCREENED | 0.07% | no in-house ratios for this holding |
| Technology Select Se | UNSCREENED | 0.07% | no in-house ratios for this holding |
| Industrial Select Se | UNSCREENED | 0.07% | no in-house ratios for this holding |
| TSLA Tesla Inc | COMPLIANT | 0.06% | AAOIFI1.1% Usmani10.8% Dow Jones Islamic1.3% S&P Shariah1.5% MSCI Islamic10.6% MSCI Islamic M-Series1.5% FTSE Shariah6.1% |
| WDC Western Digital Corp | COMPLIANT | 0.05% | AAOIFI0.9% Usmani8.6% Dow Jones Islamic1.6% S&P Shariah2.1% MSCI Islamic8.6% MSCI Islamic M-Series2.1% FTSE Shariah7.6% |
| SPDR Gold Shares | UNSCREENED | 0.05% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.05% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.05% | no in-house ratios for this holding |
| USAR USA Rare Earth Inc | NON_COMPLIANT | 0.03% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.1% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| NVDA NVIDIA Corp | COMPLIANT | 0.03% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| Technology Select Se | UNSCREENED | 0.03% | no in-house ratios for this holding |
| Materials Select Sec | UNSCREENED | 0.03% | no in-house ratios for this holding |
| Technology Select Se | UNSCREENED | 0.03% | no in-house ratios for this holding |
| Health Care Select S | UNSCREENED | 0.02% | no in-house ratios for this holding |
| HWM HOWMET AEROSPACE INC | NON_COMPLIANT | 0.02% | AAOIFI5.1% Usmani35.2% Dow Jones Islamic6.2% S&P Shariah7.9% MSCI Islamic35.2% MSCI Islamic M-Series7.9% FTSE Shariah34.0% |
| United States Oil Fund LP | UNSCREENED | 0.01% | no in-house ratios for this holding |
| State Street Communication Services Select Sector SPDR ETF | UNSCREENED | 0.01% | no in-house ratios for this holding |
| Invesco QQQ Trust Se | UNSCREENED | 0.01% | no in-house ratios for this holding |
| ISHARES MSCI S KOREA | UNSCREENED | 0.01% | no in-house ratios for this holding |
| Invesco QQQ Trust Se | UNSCREENED | 0.01% | no in-house ratios for this holding |
| USAR USA Rare Earth Inc | NON_COMPLIANT | 0.01% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.1% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| Invesco QQQ Trust Se | UNSCREENED | 0.01% | no in-house ratios for this holding |
| Consumer Staples Sel | UNSCREENED | 0.01% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.01% | no in-house ratios for this holding |
| HWM HOWMET AEROSPACE INC | NON_COMPLIANT | 0.01% | AAOIFI5.1% Usmani35.2% Dow Jones Islamic6.2% S&P Shariah7.9% MSCI Islamic35.2% MSCI Islamic M-Series7.9% FTSE Shariah34.0% |
| Health Care Select S | UNSCREENED | 0.01% | no in-house ratios for this holding |
| iShares MSCI South Korea ETF | UNSCREENED | 0.00% | no in-house ratios for this holding |
| iShares Bitcoin Trust ETF | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Invesco QQQ Trust Se | UNSCREENED | 0.00% | no in-house ratios for this holding |
| State Street SPDR | UNSCREENED | 0.00% | no in-house ratios for this holding |
| US OIL FUND LP | UNSCREENED | 0.00% | no in-house ratios for this holding |
| US OIL FUND LP | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Invesco QQQ Trust Se | UNSCREENED | 0.00% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.00% | no in-house ratios for this holding |
| RAYTHEON | UNSCREENED | 0.00% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.00% | no in-house ratios for this holding |
| RAYTHEON | UNSCREENED | 0.00% | no in-house ratios for this holding |
| VanEck Vectors Semic | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Consumer Staples Sel | UNSCREENED | 0.00% | no in-house ratios for this holding |
| US OIL FUND LP | UNSCREENED | 0.00% | no in-house ratios for this holding |
| Consumer Staples Sel | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 2 points of portfolio weight — 5.1% of it passes AAOIFI, 2.9% passes Usmani. 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 5.1% ratios fail on 0.0% 130.7% not rated under AAOIFI
ratios pass on 2.9% ratios fail on 2.2% 130.7% not rated under Usmani
ratios pass on 5.1% ratios fail on 0.0% 130.7% not rated under Dow Jones Islamic
ratios pass on 5.1% ratios fail on 0.0% 130.7% not rated under S&P Shariah
ratios pass on 2.9% ratios fail on 2.2% 130.7% not rated under MSCI Islamic
ratios pass on 5.1% ratios fail on 0.0% 130.7% not rated under MSCI Islamic M-Series
ratios pass on 2.9% ratios fail on 2.2% 130.7% not rated under FTSE Shariah
5 of 109 listed holdings carry our own per-methodology verdicts (7% 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 AGOX — 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) | 59.90 | NEUTRAL |
| Stochastic %K (14) | 78.43 | NEUTRAL |
| CCI (20) | 230.54 | SELL |
| Williams %R (14) | -21.57 | NEUTRAL |
| MACD (12,26,9) | 0.14 | BUY |
| ROC (10) | 4.83 | BUY |
| Momentum (10) | 1.57 | BUY |
| EMA (10) | 33.39 | BUY |
| SMA (10) | 33.27 | BUY |
| EMA (20) | 33.27 | BUY |
| SMA (20) | 33.08 | BUY |
| EMA (30) | 33.27 | BUY |
| SMA (30) | 33.22 | BUY |
| EMA (50) | 33.33 | BUY |
| SMA (50) | 33.29 | BUY |
| EMA (100) | 33.23 | BUY |
| SMA (100) | 33.64 | BUY |
| EMA (200) | 32.01 | BUY |
| SMA (200) | 32.20 | BUY |
About Adaptive Alpha Opportunities ETF
The fund's portfolio manager seeks to achieve its investment objective of capital appreciation by investing in ETFs that are registered under the Investment Company Act of 1940, as amended and not affiliated with the fund that invest in equity securities of any market capitalization of issuers from a number of countries throughout the world, including emerging market countries. The fixed income securities in which the fund will invest will be investment grade and may be of any duration or maturity.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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 | BULLISH | 43 |
| 🕐 1H | BULLISH | 37 |
| ⏱ 15-Min | BULLISH | 130 |
| ⏲ 5-Min | BULLISH | 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 2026-11-03 · Asset managers net 928584 (+5135)
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.