Verdicts genuinely change. Free email alert the moment CTEF'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.
Castellan Targeted Equity ETF ETF · EA Series Trust
48 holdings · as of 2026-05-29 (4.6 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.
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 109% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 24.40% of portfolio weight is in non-compliant holdings, over the 5% threshold.
48 holdings, 21 matched (88% of weight). Portfolio as of 2026-05-29, filed 2026-07-28. Source: SEC Form N-PORT.
1.25% of this portfolio’s income is non-permissible — weighted across holdings, computed over 81% of portfolio weight (19 of 48 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.
63.4% compliant 2.3% questionable 22.4% non-compliant 11.9% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| MU Micron Technology Inc | COMPLIANT | 10.26% | AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3% |
| WDC Western Digital Corp | COMPLIANT | 7.21% | AAOIFI0.7% Usmani8.6% Dow Jones Islamic1.8% S&P Shariah2.3% MSCI Islamic8.6% MSCI Islamic M-Series2.3% FTSE Shariah7.6% |
| LRCX Lam Research Corp | COMPLIANT | 6.41% | AAOIFI1.0% Usmani17.5% Dow Jones Islamic2.1% S&P Shariah2.4% MSCI Islamic17.5% MSCI Islamic M-Series2.4% FTSE Shariah15.8% |
| JBL Jabil Inc | COMPLIANT | 6.34% | AAOIFI11.7% Usmani16.3% Dow Jones Islamic16.6% S&P Shariah18.9% MSCI Islamic16.3% MSCI Islamic M-Series18.9% FTSE Shariah14.2% |
| MOD Modine Manufacturing Co | COMPLIANT | 5.85% | AAOIFI6.1% Usmani22.5% Dow Jones Islamic7.8% S&P Shariah9.3% MSCI Islamic22.4% MSCI Islamic M-Series9.3% FTSE Shariah17.3% |
| FIX Comfort Systems USA Inc | COMPLIANT | 5.77% | AAOIFI0.6% Usmani4.4% Dow Jones Islamic1.2% S&P Shariah1.5% MSCI Islamic4.4% MSCI Islamic M-Series1.5% FTSE Shariah0.6% |
| Dave Inc | UNSCREENED | 4.86% | no in-house ratios for this holding |
| DECK Deckers Outdoor Corp | COMPLIANT | 4.66% | AAOIFI4.2% Usmani12.2% Dow Jones Islamic2.6% S&P Shariah2.5% MSCI Islamic12.2% MSCI Islamic M-Series2.5% FTSE Shariah0.0% |
| TPR Tapestry Inc | COMPLIANT | 4.35% | AAOIFI16.9% Usmani59.3% Dow Jones Islamic18.9% S&P Shariah23.7% MSCI Islamic59.3% MSCI Islamic M-Series23.7% FTSE Shariah35.8% |
| NVDA NVIDIA Corp | COMPLIANT | 4.25% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| BFH Bread Financial Holdings Inc | NON_COMPLIANT | 4.15% | AAOIFI101.5% Usmani19.3% Dow Jones Islamic143.0% S&P Shariah165.3% MSCI Islamic19.3% MSCI Islamic M-Series165.3% FTSE Shariah19.3% |
| VIRT Virtu Financial Inc | NON_COMPLIANT | 4.06% | AAOIFI21.8% Usmani7.4% Dow Jones Islamic32.2% S&P Shariah39.0% MSCI Islamic7.4% MSCI Islamic M-Series39.0% FTSE Shariah7.4% |
| BLBD Blue Bird Corp | COMPLIANT | 4.05% | AAOIFI4.3% Usmani9.9% Dow Jones Islamic5.3% S&P Shariah6.0% MSCI Islamic7.4% MSCI Islamic M-Series6.0% FTSE Shariah7.4% |
| MGR Affiliated Managers Group Inc | NON_COMPLIANT | 3.70% | AAOIFI33.2% Usmani31.9% Dow Jones Islamic526.5% S&P Shariah509.8% MSCI Islamic31.9% MSCI Islamic M-Series509.8% FTSE Shariah31.9% |
| FTDR Frontdoor Inc | COMPLIANT | 3.55% | AAOIFI22.5% Usmani55.3% Dow Jones Islamic27.8% S&P Shariah31.5% MSCI Islamic55.3% MSCI Islamic M-Series31.5% FTSE Shariah54.4% |
| PLMR Palomar Holdings Inc | NON_COMPLIANT | 3.40% | AAOIFI8.4% Usmani7.5% Dow Jones Islamic9.1% S&P Shariah10.7% MSCI Islamic7.5% MSCI Islamic M-Series10.7% FTSE Shariah7.5% |
| EXPE Expedia Group Inc | NON_COMPLIANT | 3.38% | AAOIFI15.9% Usmani19.6% Dow Jones Islamic22.4% S&P Shariah26.0% MSCI Islamic19.6% MSCI Islamic M-Series26.0% FTSE Shariah18.8% |
| APP AppLovin Corp | COMPLIANT | 3.37% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| THC Tenet Healthcare Corp | NON_COMPLIANT | 3.27% | AAOIFI63.5% Usmani43.2% Dow Jones Islamic83.2% S&P Shariah95.3% MSCI Islamic43.2% MSCI Islamic M-Series95.3% FTSE Shariah43.2% |
| MCK McKesson Corp | COMPLIANT | 3.07% | AAOIFI12.5% Usmani14.9% Dow Jones Islamic14.5% S&P Shariah15.8% MSCI Islamic14.7% MSCI Islamic M-Series15.8% FTSE Shariah12.5% |
| MU 07/17/2026 400.01 C | UNSCREENED | 2.87% | no in-house ratios for this holding |
| MSFT Microsoft Corp | QUESTIONABLE | 2.52% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| UHS Universal Health Services Inc | NON_COMPLIANT | 2.44% | AAOIFI52.8% Usmani33.0% Dow Jones Islamic45.9% S&P Shariah48.2% MSCI Islamic33.0% MSCI Islamic M-Series48.2% FTSE Shariah30.4% |
| MU 07/17/2026 315.01 C | UNSCREENED | 1.64% | no in-house ratios for this holding |
| JBL 06/18/2026 255.01 C | UNSCREENED | 0.65% | no in-house ratios for this holding |
| JBL 06/18/2026 225.01 C | UNSCREENED | 0.41% | no in-house ratios for this holding |
| First American Government Obligations Fund | UNSCREENED | 0.31% | no in-house ratios for this holding |
| DAVE 11/20/2026 330.01 C | UNSCREENED | 0.30% | no in-house ratios for this holding |
| DAVE 11/20/2026 240.01 C | UNSCREENED | 0.29% | no in-house ratios for this holding |
| DAVE 11/20/2026 250.01 C | UNSCREENED | 0.27% | no in-house ratios for this holding |
| DAVE 11/20/2026 240.01 P | UNSCREENED | 0.12% | no in-house ratios for this holding |
| EXPE 09/18/2026 240.01 C | UNSCREENED | 0.12% | no in-house ratios for this holding |
| BFH 11/20/2026 85.01 C | UNSCREENED | 0.12% | no in-house ratios for this holding |
| BFH 11/20/2026 100.01 C | UNSCREENED | 0.11% | no in-house ratios for this holding |
| BFH 11/20/2026 87.51 C | UNSCREENED | 0.10% | no in-house ratios for this holding |
| EXPE 09/18/2026 240.01 P | UNSCREENED | 0.09% | no in-house ratios for this holding |
| FTDR 10/16/2026 60.01 C | UNSCREENED | 0.09% | no in-house ratios for this holding |
| VIRT 09/18/2026 47.01 C | UNSCREENED | 0.09% | no in-house ratios for this holding |
| VIRT 09/18/2026 48.01 C | UNSCREENED | 0.08% | no in-house ratios for this holding |
| VIRT 09/18/2026 54.01 C | UNSCREENED | 0.08% | no in-house ratios for this holding |
| BFH 11/20/2026 85.01 P | UNSCREENED | 0.07% | no in-house ratios for this holding |
| DECK 09/18/2026 120.01 C | UNSCREENED | 0.06% | no in-house ratios for this holding |
| FTDR 10/16/2026 65.01 C | UNSCREENED | 0.06% | no in-house ratios for this holding |
| FTDR 10/16/2026 75.01 C | UNSCREENED | 0.05% | no in-house ratios for this holding |
| FTDR 10/16/2026 60.01 P | UNSCREENED | 0.05% | no in-house ratios for this holding |
| DECK 09/18/2026 140.01 C | UNSCREENED | 0.04% | no in-house ratios for this holding |
| EXPE 09/18/2026 290.01 C | UNSCREENED | 0.04% | no in-house ratios for this holding |
| VIRT 09/18/2026 47.01 P | UNSCREENED | 0.04% | no in-house ratios for this holding |
The published standards disagree about this fund by 36 points of portfolio weight — 64.5% of it passes AAOIFI, 28.6% 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 64.5% ratios fail on 21.0% 23.6% not rated under AAOIFI
ratios pass on 51.9% ratios fail on 29.9% 27.3% not rated under Usmani
ratios pass on 51.7% ratios fail on 27.5% 29.9% not rated under Dow Jones Islamic
ratios pass on 58.1% ratios fail on 21.0% 29.9% not rated under S&P Shariah
ratios pass on 28.6% ratios fail on 50.6% 29.9% not rated under MSCI Islamic
ratios pass on 54.7% ratios fail on 24.4% 29.9% not rated under MSCI Islamic M-Series
ratios pass on 38.1% ratios fail on 41.1% 29.9% not rated under FTSE Shariah
21 of 48 listed holdings carry our own per-methodology verdicts (96% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 20 (93% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Castellan Targeted Equity ETF (CTEF) 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.
Computing the full ratio and business-activity breakdown for CTEF — 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.
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) | 42.50 | NEUTRAL |
| Stochastic %K (14) | 26.74 | NEUTRAL |
| CCI (20) | -31.04 | NEUTRAL |
| Williams %R (14) | -73.26 | NEUTRAL |
| MACD (12,26,9) | 0.14 | BUY |
| ROC (10) | 0.69 | BUY |
| Momentum (10) | 0.58 | BUY |
| EMA (10) | 87.19 | SELL |
| SMA (10) | 87.66 | SELL |
| EMA (20) | 87.05 | SELL |
| SMA (20) | 86.49 | SELL |
| EMA (30) | 87.16 | SELL |
| SMA (30) | 86.71 | SELL |
| EMA (50) | 87.34 | SELL |
| SMA (50) | 87.80 | SELL |
| EMA (100) | 86.08 | SELL |
| SMA (100) | 88.49 | SELL |
| EMA (200) | 80.26 | BUY |
| SMA (200) | 80.98 | BUY |
Under normal circumstances, at least 80% of the fund’ net assets (plus the amount of any borrowings for investment purposes) will be invested in equity securities and derivatives based on those securities. The fund manager defines “equity securities” to mean common and preferred stocks, rights, warrants, and depositary receipts. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
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 | RANGING | 41 |
| ⏱ 15-Min | RANGING | 28 |
| ⏲ 5-Min | BEARISH | 85 |
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.
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.
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.
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
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 2026-10-06 · Asset managers net 906615 (+2612)
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.