AZTDETF / FundAztlan Global Stock Selection DM SMID ETF
Verdicts genuinely change. Free email alert the moment AZTD'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.
Aztlan Global Stock Selection DM SMID ETF ETF · Tidal Trust I
50 holdings · as of 2026-07-31 (3.1 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
NON-COMPLIANT 41.83% of portfolio weight is in non-compliant holdings, over the 5% threshold.
50 holdings, 44 matched (88% of weight). Portfolio as of 2026-07-31, filed 2026-09-21. Source: SEC Form N-PORT.
1.12% of this portfolio’s income is non-permissible — weighted across holdings, computed over 79% of portfolio weight (39 of 50 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.
46.5% compliant 0.0% questionable 41.6% non-compliant 11.8% unscreened
All holdings (50)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| DVA DaVita Inc | NON_COMPLIANT | 3.06% | AAOIFI119.4% Usmani75.7% Dow Jones Islamic119.5% S&P Shariah122.0% MSCI Islamic75.7% MSCI Islamic M-Series122.0% FTSE Shariah60.9% |
| ENVA Enova International Inc | NON_COMPLIANT | 2.96% | AAOIFI87.3% Usmani69.4% Dow Jones Islamic150.4% S&P Shariah180.7% MSCI Islamic69.4% MSCI Islamic M-Series180.7% FTSE Shariah69.4% |
| MEDP Medpace Holdings Inc | COMPLIANT | 2.90% | AAOIFIpass Usmani— Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariah— |
| 4776.T Cybozu Inc | COMPLIANT | 2.51% | AAOIFI0.0% Usmani0.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.1% MSCI Islamic M-Seriespass FTSE Shariah0.1% |
| Happinet Corp | UNSCREENED | 2.45% | no in-house ratios for this holding |
| HALO Halozyme Therapeutics Inc | COMPLIANT | 2.45% | AAOIFI17.2% Usmani83.3% Dow Jones Islamic27.4% S&P Shariah30.4% MSCI Islamic83.3% MSCI Islamic M-Series30.4% FTSE Shariah83.3% |
| VIRT Virtu Financial Inc | NON_COMPLIANT | 2.40% | AAOIFI21.8% Usmani7.4% Dow Jones Islamic32.2% S&P Shariah39.0% MSCI Islamic7.4% MSCI Islamic M-Series39.0% FTSE Shariah7.4% |
| DOCU Docusign Inc | COMPLIANT | 2.40% | AAOIFI1.5% Usmani4.6% Dow Jones Islamic1.3% S&P Shariah1.4% MSCI Islamic4.6% MSCI Islamic M-Series1.4% FTSE Shariah0.0% |
| 3563.T Food & Life Cos Ltd | COMPLIANT | 2.40% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| STRL Sterling Infrastructure Inc | COMPLIANT | 2.38% | AAOIFI2.2% Usmani10.6% Dow Jones Islamic3.3% S&P Shariah4.3% MSCI Islamic10.5% MSCI Islamic M-Series4.3% FTSE Shariah8.9% |
| BAMNB.AS Koninklijke BAM Groep NV | COMPLIANT | 2.36% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| FTDR Frontdoor Inc | COMPLIANT | 2.35% | AAOIFI20.0% Usmani55.3% Dow Jones Islamic27.4% S&P Shariah31.0% MSCI Islamic55.3% MSCI Islamic M-Series31.0% FTSE Shariah54.4% |
| ARW Arrow Electronics Inc | COMPLIANT | 2.28% | AAOIFI19.9% Usmani5.7% Dow Jones Islamic29.0% S&P Shariah30.1% MSCI Islamic5.7% MSCI Islamic M-Series30.1% FTSE Shariah5.7% |
| EXEL Exelixis Inc | COMPLIANT | 2.27% | AAOIFI1.2% Usmani6.7% Dow Jones Islamic1.5% S&P Shariah1.7% MSCI Islamic6.7% MSCI Islamic M-Series1.7% FTSE Shariah0.0% |
| Plains GP Holdings LP | UNSCREENED | 2.25% | no in-house ratios for this holding |
| 4751.T CyberAgent Inc | NON_COMPLIANT | 2.24% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GEI.TO Gibson Energy Inc | NON_COMPLIANT | 2.21% | AAOIFI51.5% Usmani61.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic60.1% MSCI Islamic M-Seriesfail FTSE Shariah60.1% |
| RELY Remitly Global Inc | COMPLIANT | 2.20% | AAOIFI0.7% Usmani2.4% Dow Jones Islamic1.0% S&P Shariah1.0% MSCI Islamic2.4% MSCI Islamic M-Series1.0% FTSE Shariah0.2% |
| Toyo Tire Corp | UNSCREENED | 2.19% | no in-house ratios for this holding |
| TBBK Bancorp Inc/The | NON_COMPLIANT | 2.19% | AAOIFI269.0% Usmani79.6% Dow Jones Islamic270.7% S&P Shariah295.8% MSCI Islamic79.6% MSCI Islamic M-Series295.8% FTSE Shariah79.6% |
| FHI Federated Hermes Inc | NON_COMPLIANT | 2.10% | AAOIFI11.3% Usmani20.1% Dow Jones Islamic13.5% S&P Shariah15.4% MSCI Islamic20.1% MSCI Islamic M-Series15.4% FTSE Shariah14.1% |
| FTK.DE flatexDEGIRO SE | NON_COMPLIANT | 2.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| JB Hi-Fi Ltd | UNSCREENED | 2.08% | no in-house ratios for this holding |
| Maplebear Inc | UNSCREENED | 2.06% | no in-house ratios for this holding |
| PLMR Palomar Holdings Inc | NON_COMPLIANT | 2.05% | AAOIFI8.4% Usmani7.5% Dow Jones Islamic9.1% S&P Shariah10.7% MSCI Islamic7.5% MSCI Islamic M-Series10.7% FTSE Shariah7.5% |
| 1961.T Sanki Engineering Co Ltd | COMPLIANT | 2.01% | AAOIFI1.8% Usmani3.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic3.0% MSCI Islamic M-Seriesfail FTSE Shariah3.0% |
| AVOL.SW Avolta AG | NON_COMPLIANT | 1.97% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6754.T Anritsu Corp | COMPLIANT | 1.95% | AAOIFI0.9% Usmani2.1% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic2.1% MSCI Islamic M-Seriespass FTSE Shariah2.1% |
| TFII TFI International Inc | COMPLIANT | 1.93% | AAOIFI19.8% Usmani34.3% Dow Jones Islamic27.2% S&P Shariah25.5% MSCI Islamic34.3% MSCI Islamic M-Series25.5% FTSE Shariah34.3% |
| CARG Cargurus Inc | COMPLIANT | 1.91% | AAOIFI6.3% Usmani33.4% Dow Jones Islamic6.1% S&P Shariah6.9% MSCI Islamic33.4% MSCI Islamic M-Series6.9% FTSE Shariah0.0% |
| NEX.PA Nexans SA | NON_COMPLIANT | 1.89% | AAOIFI32.2% Usmani25.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic23.6% MSCI Islamic M-Series— FTSE Shariah23.6% |
| EEFT Euronet Worldwide Inc | NON_COMPLIANT | 1.89% | AAOIFI101.6% Usmani43.2% Dow Jones Islamic75.9% S&P Shariah70.3% MSCI Islamic43.2% MSCI Islamic M-Series70.3% FTSE Shariah40.9% |
| ALGM Allegro MicroSystems Inc | COMPLIANT | 1.88% | AAOIFI4.5% Usmani22.0% Dow Jones Islamic5.2% S&P Shariah5.3% MSCI Islamic21.5% MSCI Islamic M-Series5.3% FTSE Shariah20.3% |
| DEZ.DE Deutz AG | COMPLIANT | 1.81% | AAOIFIpass Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| ITV.L ITV PLC | NON_COMPLIANT | 1.78% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| PET.TO Pet Valu Holdings Ltd | NON_COMPLIANT | 1.77% | AAOIFI64.9% Usmani126.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic77.4% MSCI Islamic M-Seriesfail FTSE Shariah77.4% |
| LTMC.MI Lottomatica Group Spa | NON_COMPLIANT | 1.74% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 5838.T Rakuten Bank Ltd | NON_COMPLIANT | 1.73% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AGX Argan Inc | COMPLIANT | 1.69% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 1803.T Shimizu Corp | NON_COMPLIANT | 1.68% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| IG.MI Italgas SpA | NON_COMPLIANT | 1.66% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| LITE Lumentum Holdings Inc | COMPLIANT | 1.66% | AAOIFI1.9% Usmani22.9% Dow Jones Islamic6.7% S&P Shariah9.4% MSCI Islamic22.9% MSCI Islamic M-Series9.4% FTSE Shariah22.4% |
| SII.TO Sprott Inc | COMPLIANT | 1.56% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| HFG.DE HelloFresh SE | NON_COMPLIANT | 1.54% | AAOIFI176.1% Usmani59.5% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic34.0% MSCI Islamic M-Seriesfail FTSE Shariah34.0% |
| TE.PA Technip Energies NV | NON_COMPLIANT | 1.45% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| CNA.L Centrica PLC | NON_COMPLIANT | 1.44% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| OGC OceanaGold Corp | COMPLIANT | 1.44% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| NORBT.OL NORBIT ASA | COMPLIANT | 1.42% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ADTN ADTRAN Holdings Inc | COMPLIANT | 0.99% | AAOIFI31.4% Usmani16.9% Dow Jones Islamic25.0% S&P Shariah28.6% MSCI Islamic16.9% MSCI Islamic M-Series28.6% FTSE Shariah16.9% |
| First American Government Obli | UNSCREENED | 0.83% | no in-house ratios for this holding |
The published standards disagree about this fund by 28 points of portfolio weight — 41.8% of it passes AAOIFI, 13.9% 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 41.8% ratios fail on 40.7% 17.9% not rated under AAOIFI
ratios pass on 24.2% ratios fail on 55.7% 20.5% not rated under Usmani
ratios pass on 33.4% ratios fail on 44.9% 22.2% not rated under Dow Jones Islamic
ratios pass on 33.8% ratios fail on 44.4% 22.2% not rated under S&P Shariah
ratios pass on 13.9% ratios fail on 68.5% 18.1% not rated under MSCI Islamic
ratios pass on 29.6% ratios fail on 48.7% 22.2% not rated under MSCI Islamic M-Series
ratios pass on 21.2% ratios fail on 56.4% 22.9% not rated under FTSE Shariah
44 of 50 listed holdings carry our own per-methodology verdicts (89% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 26 (55% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| DVA DaVita Inc | 3.06% |
| ENVA Enova International Inc | 2.96% |
| VIRT Virtu Financial Inc | 2.40% |
| 4751.T CyberAgent Inc | 2.24% |
| GEI.TO Gibson Energy Inc | 2.21% |
| TBBK Bancorp Inc/The | 2.19% |
| FHI Federated Hermes Inc | 2.10% |
| FTK.DE flatexDEGIRO SE | 2.09% |
| PLMR Palomar Holdings Inc | 2.05% |
| AVOL.SW Avolta AG | 1.97% |
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.
Aztlan Global Stock Selection DM SMID ETF (AZTD) 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.
🕌 In-house Compliance Research
Computing the full ratio and business-activity breakdown for AZTD — 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
Not enough completed daily bars to compute pivots.
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) | 51.20 | NEUTRAL |
| Stochastic %K (14) | 56.37 | NEUTRAL |
| CCI (20) | 32.55 | NEUTRAL |
| Williams %R (14) | -43.63 | NEUTRAL |
| MACD (12,26,9) | 0.03 | BUY |
| ROC (10) | 0.23 | BUY |
| Momentum (10) | 0.07 | BUY |
| EMA (10) | 31.44 | SELL |
| SMA (10) | 31.53 | SELL |
| EMA (20) | 31.33 | BUY |
| SMA (20) | 31.25 | BUY |
| EMA (30) | 31.32 | BUY |
| SMA (30) | 31.04 | BUY |
| EMA (50) | 31.41 | SELL |
| SMA (50) | 31.32 | BUY |
| EMA (100) | 31.50 | SELL |
| SMA (100) | 31.98 | SELL |
| EMA (200) | 30.81 | BUY |
| SMA (200) | 31.33 | BUY |
About Aztlan Global Stock Selection DM SMID ETF
The index is comprised of equity securities of companies from the following three developed markets (DM) regions. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in equity securities of SMID-capitalization companies incorporated in or that are listed in developed markets.
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 | BEARISH | 41 |
| ⏲ 5-Min | BULLISH | 17 |
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 2026-10-27 · Asset managers net 923449 (+22072)
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.