APDNXETF / FundArtisan Select Equity Fund
Verdicts genuinely change. Free email alert the moment APDNX'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.
Artisan Select Equity Fund · Artisan Partners Funds Inc.
25 holdings
NON-COMPLIANT 57.13% of portfolio weight is in non-compliant holdings, over the 5% threshold.
25 holdings, 18 matched (80% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
5.49% of this portfolio’s income is non-permissible — weighted across holdings, computed over 65% of portfolio weight (15 of 25 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.
13.5% compliant 9.0% questionable 57.1% non-compliant 20.3% unscreened
All holdings (25)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BlackRock Liquidity Funds Treasury Trust Fund | UNSCREENED | 9.73% | no in-house ratios for this holding |
| 005930.KS Samsung Electronics Co. Ltd. | COMPLIANT | 6.57% | AAOIFI1.4% Usmani5.3% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic4.5% MSCI Islamic M-Seriespass FTSE Shariah4.5% |
| Axalta Coating Systems Ltd. | UNSCREENED | 5.45% | no in-house ratios for this holding |
| C Citigroup, Inc. | NON_COMPLIANT | 5.43% | AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8% |
| GOOG Alphabet, Inc. | QUESTIONABLE | 5.34% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| IQV IQVIA Holdings, Inc. | NON_COMPLIANT | 5.20% | AAOIFI36.7% Usmani55.2% Dow Jones Islamic47.8% S&P Shariah44.8% MSCI Islamic54.4% MSCI Islamic M-Series44.8% FTSE Shariah53.4% |
| ELV Elevance Health, Inc. | NON_COMPLIANT | 5.19% | AAOIFI35.1% Usmani24.6% Dow Jones Islamic37.4% S&P Shariah33.5% MSCI Islamic24.6% MSCI Islamic M-Series33.5% FTSE Shariah24.6% |
| Aramark | UNSCREENED | 5.09% | no in-house ratios for this holding |
| BNY Bank of New York Mellon Corp. (The) | NON_COMPLIANT | 5.04% | AAOIFI27.2% Usmani5.8% Dow Jones Islamic41.5% S&P Shariah49.3% MSCI Islamic5.8% MSCI Islamic M-Series49.3% FTSE Shariah5.8% |
| SCHW Charles Schwab Corp. (The) | NON_COMPLIANT | 4.97% | AAOIFI14.6% Usmani5.3% Dow Jones Islamic18.7% S&P Shariah22.0% MSCI Islamic5.3% MSCI Islamic M-Series22.0% FTSE Shariah5.3% |
| MRSH Marsh & McLennan Cos., Inc. | NON_COMPLIANT | 4.83% | AAOIFI24.1% Usmani35.8% Dow Jones Islamic22.1% S&P Shariah22.2% MSCI Islamic35.8% MSCI Islamic M-Series22.2% FTSE Shariah32.7% |
| AXP American Express Co. | NON_COMPLIANT | 4.69% | AAOIFI26.8% Usmani19.2% Dow Jones Islamic27.4% S&P Shariah30.8% MSCI Islamic19.2% MSCI Islamic M-Series30.8% FTSE Shariah19.2% |
| PGR Progressive Corp. (The) | NON_COMPLIANT | 4.62% | AAOIFI6.5% Usmani6.7% Dow Jones Islamic6.3% S&P Shariah6.9% MSCI Islamic6.7% MSCI Islamic M-Series6.9% FTSE Shariah6.7% |
| BRK.B Berkshire Hathaway, Inc. | NON_COMPLIANT | 4.55% | no in-house ratios for this holding |
| HSIC Henry Schein, Inc. | NON_COMPLIANT | 4.23% | AAOIFI36.7% Usmani32.3% Dow Jones Islamic41.6% S&P Shariah41.0% MSCI Islamic32.3% MSCI Islamic M-Series41.0% FTSE Shariah29.2% |
| SNA Snap-on, Inc. | NON_COMPLIANT | 3.76% | AAOIFI6.5% Usmani15.0% Dow Jones Islamic7.3% S&P Shariah7.9% MSCI Islamic14.9% MSCI Islamic M-Series7.9% FTSE Shariah13.7% |
| META Meta Platforms, Inc. | QUESTIONABLE | 3.63% | AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6% |
| HEI.DE Heidelberg Materials AG | COMPLIANT | 3.63% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| UMG.AS Universal Music Group NV | COMPLIANT | 3.27% | AAOIFI13.5% Usmani22.7% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic19.5% MSCI Islamic M-Seriespass FTSE Shariah19.5% |
| DGE.L Diageo plc | NON_COMPLIANT | 2.48% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SHEL Shell plc | NON_COMPLIANT | 2.14% | AAOIFI38.4% Usmani20.4% Dow Jones Islamic17.6% S&P Shariah18.0% MSCI Islamic20.4% MSCI Islamic M-Series18.0% FTSE Shariah20.4% |
| British Pound | UNSCREENED | 0.05% | no in-house ratios for this holding |
| Swiss Franc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| EURO | UNSCREENED | 0.00% | no in-house ratios for this holding |
| South Korea Won | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 13 points of portfolio weight — 47.2% of it passes FTSE Shariah, 34.2% passes S&P Shariah. 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 35.7% ratios fail on 39.4% 24.9% not rated under AAOIFI
ratios pass on 37.8% ratios fail on 22.2% 39.9% not rated under Usmani
ratios pass on 37.8% ratios fail on 37.2% 24.9% not rated under Dow Jones Islamic
ratios pass on 34.2% ratios fail on 40.9% 24.9% not rated under S&P Shariah
ratios pass on 37.0% ratios fail on 22.2% 40.6% not rated under MSCI Islamic
ratios pass on 34.2% ratios fail on 40.9% 24.9% not rated under MSCI Islamic M-Series
ratios pass on 47.2% ratios fail on 17.4% 35.3% not rated under FTSE Shariah
17 of 25 listed holdings carry our own per-methodology verdicts (75% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 15 (69% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| C Citigroup, Inc. | 5.43% |
| IQV IQVIA Holdings, Inc. | 5.20% |
| ELV Elevance Health, Inc. | 5.19% |
| BNY Bank of New York Mellon Corp. (The) | 5.04% |
| SCHW Charles Schwab Corp. (The) | 4.97% |
| MRSH Marsh & McLennan Cos., Inc. | 4.83% |
| AXP American Express Co. | 4.69% |
| PGR Progressive Corp. (The) | 4.62% |
| BRK.B Berkshire Hathaway, Inc. | 4.55% |
| HSIC Henry Schein, Inc. | 4.23% |
Trade setup
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Artisan Select Equity Fund (APDNX) 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.
Screened on its holdings, not its name
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 |
|---|---|---|
| BlackRock Liquidity Funds Treasury Trust Fundnot matched to a ticker | 9.73% | Not screened |
| 005930.KSSamsung Electronics Co. Ltd. | 6.57% | Compliant |
| Axalta Coating Systems Ltd.not matched to a ticker | 5.45% | Not screened |
| CCitigroup, Inc. | 5.43% | Non-compliant |
| GOOGAlphabet, Inc. | 5.34% | Questionable |
| IQVIQVIA Holdings, Inc. | 5.20% | Non-compliant |
| ELVElevance Health, Inc. | 5.19% | Non-compliant |
| Aramarknot matched to a ticker | 5.09% | Not screened |
| BNYBank of New York Mellon Corp. (The) | 5.04% | Non-compliant |
| SCHWCharles Schwab Corp. (The) | 4.97% | Non-compliant |
Top 10 of 25 holdings, 58.0% of the fund by weight. Every holding is screened, not only these.
What holds the number back
The positions keeping this fund short of 100% compliant by weight.
- BlackRock Liquidity Funds Treasury Trust Fundnot screened9.73%
- Axalta Coating Systems Ltd.not screened5.45%
- Cnon-compliant5.43%
- GOOGquestionable5.34%
- IQVnon-compliant5.20%
- ELVnon-compliant5.19%
What changed, and when
Verdict history for APDNX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
- 2026-09-07 No change recorded No verdict change for APDNX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.
ℹ️ no compliance scan has run for 4 days - this is not a reading of today
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.
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) | 50.70 | NEUTRAL |
| Stochastic %K (14) | 51.35 | NEUTRAL |
| CCI (20) | 52.67 | NEUTRAL |
| Williams %R (14) | -48.65 | NEUTRAL |
| MACD (12,26,9) | 0.02 | BUY |
| ROC (10) | 0.09 | BUY |
| Momentum (10) | 0.02 | BUY |
| EMA (10) | 21.81 | BUY |
| SMA (10) | 21.83 | SELL |
| EMA (20) | 21.80 | BUY |
| SMA (20) | 21.76 | BUY |
| EMA (30) | 21.82 | BUY |
| SMA (30) | 21.75 | BUY |
| EMA (50) | 21.83 | BUY |
| SMA (50) | 21.94 | SELL |
| EMA (100) | 21.60 | BUY |
| SMA (100) | 21.84 | SELL |
| EMA (200) | 20.77 | BUY |
| SMA (200) | 20.84 | BUY |
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.
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.
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.