Verdicts genuinely change. Free email alert the moment ALPBX'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.
ALPS Balanced Opportunity Fund · FINANCIAL INVESTORS TRUST
57 holdings
NON-COMPLIANT At least 18.43% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 32% turns out to be. Matching more holdings can only raise this share, never lower it.
57 holdings, 53 matched (68% of weight). Portfolio as of 2026-07-31, filed 2026-09-25. Source: SEC Form N-PORT.
2.59% of this portfolio’s income is non-permissible — weighted across holdings, computed over 67% of portfolio weight (52 of 57 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.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Alps Smith Core Plus Bond Etf | UNSCREENED | 25.97% | no in-house ratios for this holding |
| State Street Institutional Treasury Plus Money Market Fund | UNSCREENED | 4.31% | no in-house ratios for this holding |
| GOOG Alphabet Inc | QUESTIONABLE | 4.02% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| JNJ Johnson & Johnson | COMPLIANT | 3.84% | AAOIFI7.6% Usmani24.4% Dow Jones Islamic10.9% S&P Shariah11.7% MSCI Islamic24.4% MSCI Islamic M-Series11.7% FTSE Shariah24.4% |
| AMZN Amazon.com Inc | QUESTIONABLE | 3.28% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| MSFT Microsoft Corp | QUESTIONABLE | 3.16% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| AAPL Apple Inc | COMPLIANT | 2.74% | AAOIFI2.1% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5% |
| APH Amphenol Corp | NON_COMPLIANT | 2.68% | AAOIFI9.5% Usmani42.0% Dow Jones Islamic13.3% S&P Shariah16.1% MSCI Islamic42.0% MSCI Islamic M-Series16.1% FTSE Shariah42.0% |
| RTX Rtx Corp | NON_COMPLIANT | 2.58% | AAOIFI12.5% Usmani19.3% Dow Jones Islamic15.9% S&P Shariah18.5% MSCI Islamic19.3% MSCI Islamic M-Series18.5% FTSE Shariah18.4% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | COMPLIANT | 2.50% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| NVDA Nvidia Corp | COMPLIANT | 2.45% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| LRCX Lam Research Corp | COMPLIANT | 2.03% | AAOIFI1.0% Usmani17.5% Dow Jones Islamic2.1% S&P Shariah2.4% MSCI Islamic17.5% MSCI Islamic M-Series2.4% FTSE Shariah15.8% |
| GS Goldman Sachs Group Inc/the | NON_COMPLIANT | 1.96% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| INTC Intel Corp | COMPLIANT | 1.86% | AAOIFI9.2% Usmani25.0% Dow Jones Islamic23.9% S&P Shariah26.3% MSCI Islamic25.0% MSCI Islamic M-Series26.3% FTSE Shariah25.0% |
| CAT Caterpillar Inc | COMPLIANT | 1.67% | AAOIFI1.6% Usmani5.3% Dow Jones Islamic2.0% S&P Shariah2.4% MSCI Islamic5.3% MSCI Islamic M-Series2.4% FTSE Shariah5.3% |
| META Meta Platforms Inc | QUESTIONABLE | 1.64% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| COP Conocophillips | COMPLIANT | 1.58% | AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7% |
| WELL Welltower Inc | COMPLIANT | 1.52% | AAOIFI10.6% Usmani26.7% Dow Jones Islamic15.6% S&P Shariah19.1% MSCI Islamic26.7% MSCI Islamic M-Series19.1% FTSE Shariah26.7% |
| SNOW Snowflake Inc | COMPLIANT | 1.45% | AAOIFI0.4% Usmani5.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic5.5% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| LLY Eli Lilly & Co | COMPLIANT | 1.37% | AAOIFI5.2% Usmani38.6% Dow Jones Islamic6.4% S&P Shariah6.9% MSCI Islamic38.6% MSCI Islamic M-Series6.9% FTSE Shariah38.6% |
| JPM Jpmorgan Chase & Co | NON_COMPLIANT | 1.25% | AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4% |
| WM Waste Management Inc | COMPLIANT | 1.20% | AAOIFI25.8% Usmani50.3% Dow Jones Islamic26.5% S&P Shariah27.9% MSCI Islamic50.3% MSCI Islamic M-Series27.9% FTSE Shariah50.3% |
| TMO Thermo Fisher Scientific Inc | COMPLIANT | 1.19% | AAOIFI20.5% Usmani40.3% Dow Jones Islamic23.4% S&P Shariah22.9% MSCI Islamic40.3% MSCI Islamic M-Series22.9% FTSE Shariah40.3% |
| AXP American Express Co | NON_COMPLIANT | 1.13% | AAOIFI26.8% Usmani19.2% Dow Jones Islamic27.4% S&P Shariah30.8% MSCI Islamic19.2% MSCI Islamic M-Series30.8% FTSE Shariah19.2% |
| UNH Unitedhealth Group Inc | NON_COMPLIANT | 1.09% | AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7% |
| MA Mastercard Inc | COMPLIANT | 1.05% | AAOIFI4.9% Usmani42.7% Dow Jones Islamic37.5% S&P Shariah40.1% MSCI Islamic42.7% MSCI Islamic M-Series40.1% FTSE Shariah42.7% |
| GILD Gilead Sciences Inc | COMPLIANT | 1.05% | AAOIFI14.4% Usmani53.2% Dow Jones Islamic18.6% S&P Shariah21.4% MSCI Islamic53.2% MSCI Islamic M-Series21.4% FTSE Shariah53.2% |
| VRTX Vertex Pharmaceuticals Inc | COMPLIANT | 1.02% | AAOIFI1.6% Usmani7.2% Dow Jones Islamic1.7% S&P Shariah1.7% MSCI Islamic7.2% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| MRK Merck & Co Inc | COMPLIANT | 1.01% | AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5% |
| BKR Baker Hughes Co | NON_COMPLIANT | 0.98% | AAOIFI29.3% Usmani30.9% Dow Jones Islamic33.5% S&P Shariah37.8% MSCI Islamic30.9% MSCI Islamic M-Series37.8% FTSE Shariah30.9% |
| LOW Lowe's Cos Inc | NON_COMPLIANT | 0.94% | AAOIFI35.6% Usmani71.7% Dow Jones Islamic30.1% S&P Shariah31.0% MSCI Islamic71.7% MSCI Islamic M-Series31.0% FTSE Shariah63.7% |
| ODFL Old Dominion Freight Line Inc | COMPLIANT | 0.94% | AAOIFI0.1% Usmani0.3% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.3% MSCI Islamic M-Series0.1% FTSE Shariah0.3% |
| DE Deere & Co | NON_COMPLIANT | 0.94% | AAOIFI9.1% Usmani15.9% Dow Jones Islamic12.7% S&P Shariah13.8% MSCI Islamic15.9% MSCI Islamic M-Series13.8% FTSE Shariah15.9% |
| Marriott International Inc/md | UNSCREENED | 0.93% | no in-house ratios for this holding |
| LIN Linde Plc | COMPLIANT | 0.90% | AAOIFI13.0% Usmani31.7% Dow Jones Islamic13.0% S&P Shariah13.4% MSCI Islamic31.7% MSCI Islamic M-Series13.4% FTSE Shariah31.7% |
| O'reilly Automotive Inc | UNSCREENED | 0.90% | no in-house ratios for this holding |
| ABBNY Abb Ltd | COMPLIANT | 0.88% | AAOIFI6.4% Usmani22.0% Dow Jones Islamic7.0% S&P Shariah8.0% MSCI Islamic20.3% MSCI Islamic M-Series8.0% FTSE Shariah20.3% |
| MCD Mcdonald's Corp | NON_COMPLIANT | 0.88% | AAOIFI29.7% Usmani91.1% Dow Jones Islamic26.3% S&P Shariah27.2% MSCI Islamic91.1% MSCI Islamic M-Series27.2% FTSE Shariah66.5% |
| WMT Walmart Inc | QUESTIONABLE | 0.85% | AAOIFI6.4% Usmani21.5% Dow Jones Islamic6.9% S&P Shariah8.0% MSCI Islamic19.2% MSCI Islamic M-Series8.0% FTSE Shariah13.6% |
| DUK Duke Energy Corp | NON_COMPLIANT | 0.78% | AAOIFI95.1% Usmani45.3% Dow Jones Islamic98.9% S&P Shariah107.5% MSCI Islamic45.0% MSCI Islamic M-Series107.5% FTSE Shariah44.4% |
| IQV Iqvia Holdings Inc | NON_COMPLIANT | 0.71% | AAOIFI36.7% Usmani55.2% Dow Jones Islamic47.8% S&P Shariah44.8% MSCI Islamic54.4% MSCI Islamic M-Series44.8% FTSE Shariah53.4% |
| FCX Freeport-mcmoran Inc | COMPLIANT | 0.69% | AAOIFI9.4% Usmani17.3% Dow Jones Islamic14.8% S&P Shariah15.6% MSCI Islamic17.3% MSCI Islamic M-Series15.6% FTSE Shariah15.7% |
| LNT Alliant Energy Corp | NON_COMPLIANT | 0.67% | AAOIFI62.6% Usmani45.2% Dow Jones Islamic67.4% S&P Shariah74.1% MSCI Islamic44.4% MSCI Islamic M-Series74.1% FTSE Shariah44.4% |
| ICE Intercontinental Exchange Inc | NON_COMPLIANT | 0.63% | AAOIFI23.2% Usmani11.8% Dow Jones Islamic22.5% S&P Shariah24.2% MSCI Islamic11.8% MSCI Islamic M-Series24.2% FTSE Shariah11.4% |
| IBM International Business Machines Corp | COMPLIANT | 0.61% | AAOIFI29.5% Usmani42.9% Dow Jones Islamic28.2% S&P Shariah32.2% MSCI Islamic42.9% MSCI Islamic M-Series32.2% FTSE Shariah40.8% |
| SPGI S&p Global Inc | COMPLIANT | 0.56% | AAOIFI10.6% Usmani22.9% Dow Jones Islamic9.4% S&P Shariah9.8% MSCI Islamic22.9% MSCI Islamic M-Series9.8% FTSE Shariah21.9% |
| MSI Motorola Solutions Inc | COMPLIANT | 0.54% | AAOIFI12.4% Usmani50.0% Dow Jones Islamic13.4% S&P Shariah14.5% MSCI Islamic50.0% MSCI Islamic M-Series14.5% FTSE Shariah46.9% |
| ELS Equity Lifestyle Properties Inc | COMPLIANT | 0.46% | AAOIFI27.9% Usmani58.2% Dow Jones Islamic27.8% S&P Shariah28.2% MSCI Islamic58.2% MSCI Islamic M-Series28.2% FTSE Shariah58.2% |
| SU.PA Schneider Electric Se | COMPLIANT | 0.43% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| COST Costco Wholesale Corp | QUESTIONABLE | 0.43% | AAOIFI2.0% Usmani11.4% Dow Jones Islamic2.1% S&P Shariah2.2% MSCI Islamic9.8% MSCI Islamic M-Series2.2% FTSE Shariah6.9% |
| WFC Wells Fargo & Co | NON_COMPLIANT | 0.43% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| DIS Walt Disney Co | NON_COMPLIANT | 0.41% | AAOIFI25.4% Usmani22.5% Dow Jones Islamic24.6% S&P Shariah25.2% MSCI Islamic22.5% MSCI Islamic M-Series25.2% FTSE Shariah22.5% |
| SNPS Synopsys Inc | COMPLIANT | 0.38% | AAOIFI14.4% Usmani22.7% Dow Jones Islamic13.2% S&P Shariah13.2% MSCI Islamic22.7% MSCI Islamic M-Series13.2% FTSE Shariah21.0% |
| TT Trane Technologies Plc | COMPLIANT | 0.26% | AAOIFI4.5% Usmani19.3% Dow Jones Islamic5.0% S&P Shariah5.5% MSCI Islamic19.3% MSCI Islamic M-Series5.5% FTSE Shariah19.3% |
| HCA Hca Healthcare Inc | NON_COMPLIANT | 0.19% | AAOIFI57.2% Usmani82.9% Dow Jones Islamic53.5% S&P Shariah56.7% MSCI Islamic81.7% MSCI Islamic M-Series56.7% FTSE Shariah78.1% |
| NRG Nrg Energy Inc | NON_COMPLIANT | 0.16% | AAOIFI85.9% Usmani53.8% Dow Jones Islamic81.4% S&P Shariah98.7% MSCI Islamic53.8% MSCI Islamic M-Series98.7% FTSE Shariah53.3% |
| MBGL Mobility Global Inc | NON_COMPLIANT | 0.03% | AAOIFI33.1% Usmani15.4% Dow Jones Islamic— S&P Shariah— MSCI Islamic15.4% MSCI Islamic M-Series— FTSE Shariah15.2% |
The published standards disagree about this fund by 22 points of portfolio weight — 56.9% of it passes AAOIFI, 35.3% 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 56.9% ratios fail on 9.8% 33.4% not rated under AAOIFI
ratios pass on 40.9% ratios fail on 23.9% 35.3% not rated under Usmani
ratios pass on 55.8% ratios fail on 10.9% 33.4% not rated under Dow Jones Islamic
ratios pass on 55.8% ratios fail on 10.9% 33.4% not rated under S&P Shariah
ratios pass on 35.3% ratios fail on 27.9% 36.8% not rated under MSCI Islamic
ratios pass on 55.8% ratios fail on 10.9% 33.4% not rated under MSCI Islamic M-Series
ratios pass on 42.4% ratios fail on 23.9% 33.8% not rated under FTSE Shariah
53 of 57 listed holdings carry our own per-methodology verdicts (68% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 52 (68% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
ALPS Balanced Opportunity Fund (ALPBX) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| Alps Smith Core Plus Bond Etfnot matched to a ticker | 25.97% | Not screened |
| State Street Institutional Treasury Plus Money Market Fundnot matched to a ticker | 4.31% | Not screened |
| GOOGAlphabet Inc | 4.02% | Questionable |
| JNJJohnson & Johnson | 3.84% | Compliant |
| AMZNAmazon.com Inc | 3.28% | Questionable |
| MSFTMicrosoft Corp | 3.16% | Questionable |
| AAPLApple Inc | 2.74% | Compliant |
| APHAmphenol Corp | 2.68% | Non-compliant |
| RTXRtx Corp | 2.58% | Non-compliant |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | 2.50% | Compliant |
Top 10 of 57 holdings, 55.1% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for ALPBX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
Tracked since 2026-09-07.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
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.
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.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 44.70 | NEUTRAL |
| Stochastic %K (14) | 7.69 | BUY |
| CCI (20) | -114.67 | BUY |
| Williams %R (14) | -92.31 | BUY |
| MACD (12,26,9) | -0.01 | SELL |
| ROC (10) | -0.73 | SELL |
| Momentum (10) | -0.10 | SELL |
| EMA (10) | 13.65 | SELL |
| SMA (10) | 13.66 | SELL |
| EMA (20) | 13.66 | SELL |
| SMA (20) | 13.68 | SELL |
| EMA (30) | 13.67 | SELL |
| SMA (30) | 13.66 | SELL |
| EMA (50) | 13.65 | SELL |
| SMA (50) | 13.70 | SELL |
| EMA (100) | 13.53 | BUY |
| SMA (100) | 13.60 | SELL |
| EMA (200) | 13.20 | BUY |
| SMA (200) | 13.22 | BUY |
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
The questions worth asking about any verdict on this page, answered plainly.
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.
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.
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.
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.
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.
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.