BGIGETF / FundBahl & Gaynor Income Growth ETF
Verdicts genuinely change. Free email alert the moment BGIG'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.
Bahl & Gaynor Income Growth ETF · ETF Series Solutions
53 holdings · as of 2026-06-30 (3.7 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 39.94% of portfolio weight is in non-compliant holdings, over the 5% threshold.
0.11% of that is conventional interest-bearing debt, identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
53 holdings, 49 matched (93% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
2.84% of this portfolio’s income is non-permissible — weighted across holdings, computed over 88% of portfolio weight (44 of 53 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.
49.8% compliant 3.4% questionable 39.9% non-compliant 6.9% unscreened
All holdings (53)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| AVGO Broadcom Inc | COMPLIANT | 4.87% | AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5% |
| UNH UnitedHealth Group Inc | NON_COMPLIANT | 4.84% | AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7% |
| LLY Eli Lilly & Co | COMPLIANT | 4.44% | AAOIFI5.2% Usmani38.6% Dow Jones Islamic6.4% S&P Shariah6.9% MSCI Islamic38.6% MSCI Islamic M-Series6.9% FTSE Shariah38.6% |
| PNC Financial Services Group I | UNSCREENED | 4.11% | no in-house ratios for this holding |
| TSM TSMC | COMPLIANT | 4.05% | AAOIFI1.5% Usmani13.8% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic13.4% MSCI Islamic M-Series0.6% FTSE Shariah13.4% |
| JNJ Johnson & Johnson | COMPLIANT | 4.03% | AAOIFI7.6% Usmani24.4% Dow Jones Islamic10.9% S&P Shariah11.7% MSCI Islamic24.4% MSCI Islamic M-Series11.7% FTSE Shariah24.4% |
| ABBV AbbVie Inc | COMPLIANT | 3.51% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| MSFT Microsoft Corp | QUESTIONABLE | 3.39% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| WMB Williams Cos Inc/The | NON_COMPLIANT | 3.26% | AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0% |
| APO Apollo Global Management Inc | NON_COMPLIANT | 3.19% | AAOIFI17.4% Usmani2.8% Dow Jones Islamic17.8% S&P Shariah19.6% MSCI Islamic2.8% MSCI Islamic M-Series19.6% FTSE Shariah2.8% |
| JPM JPMorgan Chase & Co | NON_COMPLIANT | 2.96% | AAOIFI7.7% Usmani1.4% Dow Jones Islamic9.5% S&P Shariah10.7% MSCI Islamic1.4% MSCI Islamic M-Series10.7% FTSE Shariah1.4% |
| CSCO Cisco Systems Inc | COMPLIANT | 2.80% | AAOIFI5.7% Usmani18.9% Dow Jones Islamic8.4% S&P Shariah9.5% MSCI Islamic18.9% MSCI Islamic M-Series9.5% FTSE Shariah17.6% |
| TRV Travelers Cos Inc/The | NON_COMPLIANT | 2.60% | AAOIFI11.8% Usmani6.3% Dow Jones Islamic14.9% S&P Shariah16.4% MSCI Islamic6.3% MSCI Islamic M-Series16.4% FTSE Shariah6.3% |
| GD General Dynamics Corp | NON_COMPLIANT | 2.41% | AAOIFI10.3% Usmani17.4% Dow Jones Islamic11.7% S&P Shariah12.4% MSCI Islamic16.8% MSCI Islamic M-Series12.4% FTSE Shariah13.7% |
| NEE NextEra Energy Inc | NON_COMPLIANT | 2.24% | AAOIFI55.9% Usmani44.2% Dow Jones Islamic61.0% S&P Shariah66.0% MSCI Islamic44.2% MSCI Islamic M-Series66.0% FTSE Shariah44.2% |
| TEL TE Connectivity PLC | COMPLIANT | 2.15% | AAOIFI9.5% Usmani21.6% Dow Jones Islamic10.3% S&P Shariah11.2% MSCI Islamic21.6% MSCI Islamic M-Series11.2% FTSE Shariah21.6% |
| CVX Chevron Corp | COMPLIANT | 2.13% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1% |
| GRMN Garmin Ltd | COMPLIANT | 2.09% | AAOIFI0.3% Usmani1.5% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic1.5% MSCI Islamic M-Series0.5% FTSE Shariah0.0% |
| CMI Cummins Inc | COMPLIANT | 2.05% | AAOIFI9.7% Usmani21.0% Dow Jones Islamic12.1% S&P Shariah14.2% MSCI Islamic21.0% MSCI Islamic M-Series14.2% FTSE Shariah19.3% |
| HD Home Depot Inc/The | COMPLIANT | 2.00% | AAOIFI18.6% Usmani56.1% Dow Jones Islamic16.3% S&P Shariah17.0% MSCI Islamic53.3% MSCI Islamic M-Series17.0% FTSE Shariah44.5% |
| DRI Darden Restaurants Inc | NON_COMPLIANT | 1.96% | AAOIFI25.3% Usmani62.3% Dow Jones Islamic28.6% S&P Shariah30.9% MSCI Islamic48.7% MSCI Islamic M-Series30.9% FTSE Shariah18.1% |
| WEC WEC Energy Group Inc | NON_COMPLIANT | 1.86% | AAOIFI57.5% Usmani39.9% Dow Jones Islamic61.9% S&P Shariah68.5% MSCI Islamic39.1% MSCI Islamic M-Series68.5% FTSE Shariah39.1% |
| GLW Corning Inc | COMPLIANT | 1.80% | AAOIFI7.0% Usmani32.5% Dow Jones Islamic12.8% S&P Shariah16.4% MSCI Islamic31.8% MSCI Islamic M-Series16.4% FTSE Shariah28.7% |
| TRGP Targa Resources Corp | NON_COMPLIANT | 1.70% | AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7% |
| MDLZ Mondelez International Inc | COMPLIANT | 1.65% | AAOIFI24.4% Usmani27.5% Dow Jones Islamic24.3% S&P Shariah23.4% MSCI Islamic26.9% MSCI Islamic M-Series23.4% FTSE Shariah25.8% |
| ETN Eaton Corp PLC | COMPLIANT | 1.61% | AAOIFI13.4% Usmani38.0% Dow Jones Islamic15.6% S&P Shariah16.9% MSCI Islamic38.0% MSCI Islamic M-Series16.9% FTSE Shariah36.7% |
| PG Procter & Gamble Co/The | COMPLIANT | 1.61% | AAOIFI8.9% Usmani23.9% Dow Jones Islamic8.5% S&P Shariah8.5% MSCI Islamic23.9% MSCI Islamic M-Series8.5% FTSE Shariah23.2% |
| PPL PPL Corp | NON_COMPLIANT | 1.59% | AAOIFI77.2% Usmani43.2% Dow Jones Islamic78.6% S&P Shariah86.6% MSCI Islamic43.2% MSCI Islamic M-Series86.6% FTSE Shariah43.2% |
| SRE Sempra | NON_COMPLIANT | 1.59% | AAOIFI65.2% Usmani32.7% Dow Jones Islamic66.4% S&P Shariah71.2% MSCI Islamic31.6% MSCI Islamic M-Series71.2% FTSE Shariah30.4% |
| VICI VICI Properties Inc | NON_COMPLIANT | 1.54% | AAOIFI57.8% Usmani35.1% Dow Jones Islamic55.7% S&P Shariah58.1% MSCI Islamic35.1% MSCI Islamic M-Series58.1% FTSE Shariah35.1% |
| Philip Morris International In | UNSCREENED | 1.48% | no in-house ratios for this holding |
| ADP Automatic Data Processing Inc | COMPLIANT | 1.47% | AAOIFI5.0% Usmani8.5% Dow Jones Islamic5.0% S&P Shariah5.2% MSCI Islamic8.5% MSCI Islamic M-Series5.2% FTSE Shariah7.9% |
| FAST Fastenal Co | COMPLIANT | 1.42% | AAOIFI0.8% Usmani8.3% Dow Jones Islamic0.9% S&P Shariah1.0% MSCI Islamic8.3% MSCI Islamic M-Series1.0% FTSE Shariah2.3% |
| RTX RTX Corp | NON_COMPLIANT | 1.39% | AAOIFI12.5% Usmani19.3% Dow Jones Islamic15.9% S&P Shariah18.5% MSCI Islamic19.3% MSCI Islamic M-Series18.5% FTSE Shariah18.4% |
| BATS.L British American Tobacco PLC | NON_COMPLIANT | 1.31% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AVB AvalonBay Communities Inc | NON_COMPLIANT | 1.19% | AAOIFIfail Usmanifail Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariahfail |
| TKO TKO Group Holdings Inc | NON_COMPLIANT | 1.17% | AAOIFI12.7% Usmani30.5% Dow Jones Islamic14.3% S&P Shariah17.0% MSCI Islamic28.8% MSCI Islamic M-Series17.0% FTSE Shariah28.5% |
| ITW Illinois Tool Works Inc | COMPLIANT | 1.12% | AAOIFI12.7% Usmani58.8% Dow Jones Islamic13.1% S&P Shariah13.4% MSCI Islamic58.8% MSCI Islamic M-Series13.4% FTSE Shariah58.8% |
| CME CME Group Inc | NON_COMPLIANT | 1.12% | AAOIFI0.4% Usmani0.2% Dow Jones Islamic2.3% S&P Shariah2.5% MSCI Islamic0.2% MSCI Islamic M-Series2.5% FTSE Shariah0.0% |
| XOM Exxon Mobil Corp | COMPLIANT | 1.10% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| VTR Ventas Inc | COMPLIANT | 1.01% | AAOIFI28.0% Usmani42.8% Dow Jones Islamic38.5% S&P Shariah45.5% MSCI Islamic42.8% MSCI Islamic M-Series45.5% FTSE Shariah42.8% |
| KMI Kinder Morgan Inc | NON_COMPLIANT | 0.97% | AAOIFI46.1% Usmani43.5% Dow Jones Islamic53.0% S&P Shariah61.2% MSCI Islamic43.5% MSCI Islamic M-Series61.2% FTSE Shariah43.5% |
| MCD McDonald's Corp | NON_COMPLIANT | 0.94% | AAOIFI29.7% Usmani91.1% Dow Jones Islamic26.3% S&P Shariah27.2% MSCI Islamic91.1% MSCI Islamic M-Series27.2% FTSE Shariah66.5% |
| ONEOK Inc | UNSCREENED | 0.81% | no in-house ratios for this holding |
| UNP Union Pacific Corp | COMPLIANT | 0.68% | AAOIFI18.2% Usmani43.8% Dow Jones Islamic22.0% S&P Shariah22.4% MSCI Islamic43.8% MSCI Islamic M-Series22.4% FTSE Shariah42.6% |
| TXN Texas Instruments Inc | COMPLIANT | 0.66% | AAOIFI5.9% Usmani39.2% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic39.2% MSCI Islamic M-Series8.1% FTSE Shariah39.2% |
| ACN Accenture PLC | COMPLIANT | 0.61% | AAOIFI7.7% Usmani12.2% Dow Jones Islamic5.0% S&P Shariah4.7% MSCI Islamic12.2% MSCI Islamic M-Series4.7% FTSE Shariah7.5% |
| LIN Linde PLC | COMPLIANT | 0.57% | AAOIFI13.0% Usmani31.7% Dow Jones Islamic13.0% S&P Shariah13.4% MSCI Islamic31.7% MSCI Islamic M-Series13.4% FTSE Shariah31.7% |
| Hartford Insurance Group Inc/T | UNSCREENED | 0.52% | no in-house ratios for this holding |
| INTU Intuit Inc | COMPLIANT | 0.32% | AAOIFI9.9% Usmani22.9% Dow Jones Islamic5.4% S&P Shariah5.3% MSCI Islamic22.9% MSCI Islamic M-Series5.3% FTSE Shariah20.8% |
| TREASURY BILL | NON_COMPLIANT | 0.07% | no in-house ratios for this holding |
| TREASURY BILL | NON_COMPLIANT | 0.05% | no in-house ratios for this holding |
| TREASURY BILL | NON_COMPLIANT | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 21 points of portfolio weight — 65.9% of it passes AAOIFI, 44.8% 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 65.9% ratios fail on 27.1% 7.0% not rated under AAOIFI
ratios pass on 45.5% ratios fail on 47.5% 7.0% not rated under Usmani
ratios pass on 64.9% ratios fail on 26.9% 8.2% not rated under Dow Jones Islamic
ratios pass on 64.9% ratios fail on 26.9% 8.2% not rated under S&P Shariah
ratios pass on 44.8% ratios fail on 48.1% 7.0% not rated under MSCI Islamic
ratios pass on 64.9% ratios fail on 26.9% 8.2% not rated under MSCI Islamic M-Series
ratios pass on 47.4% ratios fail on 45.6% 7.0% not rated under FTSE Shariah
46 of 53 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 43 (87% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| UNH UnitedHealth Group Inc | 4.84% |
| WMB Williams Cos Inc/The | 3.26% |
| APO Apollo Global Management Inc | 3.19% |
| JPM JPMorgan Chase & Co | 2.96% |
| TRV Travelers Cos Inc/The | 2.60% |
| GD General Dynamics Corp | 2.41% |
| NEE NextEra Energy Inc | 2.24% |
| DRI Darden Restaurants Inc | 1.96% |
| WEC WEC Energy Group Inc | 1.86% |
| TRGP Targa Resources Corp | 1.70% |
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.
Bahl & Gaynor Income Growth ETF (BGIG) 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 BGIG — 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) | 64.00 | NEUTRAL |
| Stochastic %K (14) | 98.20 | SELL |
| CCI (20) | 149.95 | SELL |
| Williams %R (14) | -1.80 | SELL |
| MACD (12,26,9) | 0.12 | BUY |
| ROC (10) | 2.03 | BUY |
| Momentum (10) | 0.73 | BUY |
| EMA (10) | 36.18 | BUY |
| SMA (10) | 36.14 | BUY |
| EMA (20) | 36.06 | BUY |
| SMA (20) | 35.84 | BUY |
| EMA (30) | 36.07 | BUY |
| SMA (30) | 35.92 | BUY |
| EMA (50) | 36.09 | BUY |
| SMA (50) | 36.32 | BUY |
| EMA (100) | 35.81 | BUY |
| SMA (100) | 36.07 | BUY |
| EMA (200) | 34.74 | BUY |
| SMA (200) | 34.88 | BUY |
About Bahl & Gaynor Income Growth ETF
The fund is an actively managed exchange-traded fund (“ETF”) that invests primarily in dividend-paying U.S.-listed equity securities of large capitalization companies, predominately those with a market capitalization greater than $7 billion.
Background via Yahoo Finance — informational, not part of the verdict.
Good setup, solid confluence
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 | 41 |
| ⏰ 4H | BULLISH | 31 |
| 🕐 1H | RANGING | 98 |
| ⏱ 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.