Verdicts genuinely change. Free email alert the moment DFEN'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.
Direxion Daily Aerospace & Defense Bull 3X Shares · Direxion Shares ETF Trust
59 holdings
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 117% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT At least 52.48% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 56% turns out to be. Matching more holdings can only raise this share, never lower it.
59 holdings, 34 matched (52% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.
0.26% of this portfolio’s income is non-permissible — weighted across holdings, computed over 52% of portfolio weight (31 of 59 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 |
|---|---|---|---|
| DREYFUS | UNSCREENED | 25.64% | no in-house ratios for this holding |
| GE GENERAL ELECTRIC CO | NON_COMPLIANT | 14.43% | AAOIFI6.1% Usmani16.1% Dow Jones Islamic7.4% S&P Shariah8.6% MSCI Islamic16.1% MSCI Islamic M-Series8.6% FTSE Shariah15.3% |
| RTX RTX CORP | NON_COMPLIANT | 11.13% | AAOIFI12.5% Usmani19.3% Dow Jones Islamic15.9% S&P Shariah18.5% MSCI Islamic19.3% MSCI Islamic M-Series18.5% FTSE Shariah18.4% |
| BA BOEING CO/THE | NON_COMPLIANT | 5.88% | AAOIFI30.1% Usmani30.2% Dow Jones Islamic33.6% S&P Shariah36.0% MSCI Islamic30.2% MSCI Islamic M-Series36.0% FTSE Shariah30.2% |
| GOLDMAN FINANCIAL | UNSCREENED | 5.19% | no in-house ratios for this holding |
| N/A | UNSCREENED | 5.01% | no in-house ratios for this holding |
| N/A | UNSCREENED | 4.74% | no in-house ratios for this holding |
| N/A | UNSCREENED | 3.29% | no in-house ratios for this holding |
| HWM HOWMET AEROSPACE INC | NON_COMPLIANT | 3.13% | AAOIFI5.1% Usmani35.2% Dow Jones Islamic6.2% S&P Shariah7.9% MSCI Islamic35.2% MSCI Islamic M-Series7.9% FTSE Shariah34.0% |
| GD GENERAL DYNAMICS CORP | NON_COMPLIANT | 3.11% | AAOIFI10.3% Usmani17.4% Dow Jones Islamic11.7% S&P Shariah12.4% MSCI Islamic16.8% MSCI Islamic M-Series12.4% FTSE Shariah13.7% |
| LMT LOCKHEED MARTIN CORP | NON_COMPLIANT | 3.07% | AAOIFI16.6% Usmani32.9% Dow Jones Islamic17.6% S&P Shariah18.2% MSCI Islamic32.9% MSCI Islamic M-Series18.2% FTSE Shariah32.9% |
| TDG TRANSDIGM GROUP INC | NON_COMPLIANT | 2.86% | AAOIFI51.2% Usmani123.0% Dow Jones Islamic45.8% S&P Shariah49.7% MSCI Islamic123.0% MSCI Islamic M-Series49.7% FTSE Shariah123.0% |
| NOC NORTHROP GRUMMAN CORP | NON_COMPLIANT | 2.77% | AAOIFI23.3% Usmani33.6% Dow Jones Islamic21.9% S&P Shariah23.0% MSCI Islamic33.6% MSCI Islamic M-Series23.0% FTSE Shariah29.9% |
| LHX L3HARRIS TECHNOLOGIES INC | NON_COMPLIANT | 2.40% | AAOIFI20.0% Usmani22.2% Dow Jones Islamic19.0% S&P Shariah20.8% MSCI Islamic22.2% MSCI Islamic M-Series20.8% FTSE Shariah22.2% |
| DREYFUS | UNSCREENED | 2.11% | no in-house ratios for this holding |
| N/A | UNSCREENED | 2.01% | no in-house ratios for this holding |
| AXON AXON ENTERPRISE INC | COMPLIANT | 1.98% | AAOIFI4.4% Usmani24.5% Dow Jones Islamic4.0% S&P Shariah4.9% MSCI Islamic24.5% MSCI Islamic M-Series4.9% FTSE Shariah23.1% |
| RKLB ROCKET LAB CORP | COMPLIANT | 1.54% | AAOIFI0.3% Usmani2.9% Dow Jones Islamic0.4% S&P Shariah0.6% MSCI Islamic2.5% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| N/A | UNSCREENED | 1.53% | no in-house ratios for this holding |
| N/A | UNSCREENED | 1.48% | no in-house ratios for this holding |
| CW CURTISS-WRIGHT CORP | NON_COMPLIANT | 1.24% | AAOIFI5.7% Usmani21.1% Dow Jones Islamic5.9% S&P Shariah7.1% MSCI Islamic21.1% MSCI Islamic M-Series7.1% FTSE Shariah17.5% |
| CRS CARPENTER TECHNOLOGY | COMPLIANT | 1.20% | AAOIFI3.2% Usmani19.0% Dow Jones Islamic4.9% S&P Shariah6.4% MSCI Islamic19.0% MSCI Islamic M-Series6.4% FTSE Shariah18.0% |
| ALLEGHENY TECHNOLOGIES | UNSCREENED | 1.19% | no in-house ratios for this holding |
| N/A | UNSCREENED | 1.06% | no in-house ratios for this holding |
| WWD WOODWARD INC | NON_COMPLIANT | 1.00% | AAOIFI3.6% Usmani14.9% Dow Jones Islamic4.9% S&P Shariah5.7% MSCI Islamic14.9% MSCI Islamic M-Series5.7% FTSE Shariah14.4% |
| FTAI FTAI AVIATION LTD | COMPLIANT | 0.98% | AAOIFI17.1% Usmani76.9% Dow Jones Islamic19.5% S&P Shariah24.8% MSCI Islamic76.9% MSCI Islamic M-Series24.8% FTSE Shariah76.9% |
| HEI HEICO CORP | COMPLIANT | 0.93% | AAOIFI5.8% Usmani25.6% Dow Jones Islamic31.9% S&P Shariah36.0% MSCI Islamic25.6% MSCI Islamic M-Series36.0% FTSE Shariah25.6% |
| BWX TECHNOLOGIES INC | UNSCREENED | 0.72% | no in-house ratios for this holding |
| TXT TEXTRON INC | NON_COMPLIANT | 0.69% | AAOIFI3.0% Usmani2.2% Dow Jones Islamic2.7% S&P Shariah2.6% MSCI Islamic2.2% MSCI Islamic M-Series2.6% FTSE Shariah0.0% |
| HEI HEICO CORP | COMPLIANT | 0.67% | AAOIFI5.8% Usmani25.6% Dow Jones Islamic31.9% S&P Shariah36.0% MSCI Islamic25.6% MSCI Islamic M-Series36.0% FTSE Shariah25.6% |
| HUNTINGTON INGALLS INDUS | UNSCREENED | 0.60% | no in-house ratios for this holding |
| MOG-A MOOG INC-CLASS A | COMPLIANT | 0.51% | AAOIFI8.3% Usmani24.0% Dow Jones Islamic12.5% S&P Shariah14.4% MSCI Islamic20.4% MSCI Islamic M-Series14.4% FTSE Shariah19.0% |
| KRATOS DEFENSE & SECURITY | UNSCREENED | 0.41% | no in-house ratios for this holding |
| HXL HEXCEL CORP | COMPLIANT | 0.36% | AAOIFI13.9% Usmani35.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic35.1% MSCI Islamic M-Series0.0% FTSE Shariah35.1% |
| SARO STANDARDAERO INC | COMPLIANT | 0.26% | AAOIFI31.7% Usmani37.7% Dow Jones Islamic27.6% S&P Shariahpass MSCI Islamic37.4% MSCI Islamic M-Seriespass FTSE Shariah33.9% |
| AIR AAR CORP | NON_COMPLIANT | 0.26% | AAOIFI24.2% Usmani29.0% Dow Jones Islamic29.6% S&P Shariah33.0% MSCI Islamic29.0% MSCI Islamic M-Series33.0% FTSE Shariah25.7% |
| VSEC VSE CORP | COMPLIANT | 0.25% | AAOIFI19.0% Usmani23.3% Dow Jones Islamic28.8% S&P Shariah37.2% MSCI Islamic23.3% MSCI Islamic M-Series37.2% FTSE Shariah21.5% |
| MERCURY COMPUTER SYSTEMS, INC. | UNSCREENED | 0.24% | no in-house ratios for this holding |
| AEROVIRONMENT INC | UNSCREENED | 0.22% | no in-house ratios for this holding |
| KRMN KARMAN HOLDINGS INC | NON_COMPLIANT | 0.20% | AAOIFI0.5% Usmani8.6% Dow Jones Islamic0.3% S&P Shariahpass MSCI Islamic1.5% MSCI Islamic M-Seriespass FTSE Shariah0.4% |
| LEONARDO DRS INC | UNSCREENED | 0.17% | no in-house ratios for this holding |
| ARCHER AVIATION INC-A | UNSCREENED | 0.14% | no in-house ratios for this holding |
| ATRO ASTRONICS CORP | NON_COMPLIANT | 0.12% | AAOIFI12.0% Usmani46.4% Dow Jones Islamic21.8% S&P Shariah27.7% MSCI Islamic46.4% MSCI Islamic M-Series27.7% FTSE Shariah40.8% |
| DUCOMMUN INC | UNSCREENED | 0.12% | no in-house ratios for this holding |
| LOAR LOAR HOLDINGS INC | COMPLIANT | 0.11% | AAOIFI15.1% Usmani41.5% Dow Jones Islamic14.0% S&P Shariahpass MSCI Islamic41.3% MSCI Islamic M-Seriespass FTSE Shariah40.8% |
| VECTRUS INC | UNSCREENED | 0.09% | no in-house ratios for this holding |
| LUNR INTUITIVE MACHINES INC | NON_COMPLIANT | 0.07% | AAOIFI12.7% Usmani22.8% Dow Jones Islamic34.8% S&P Shariah45.6% MSCI Islamic22.8% MSCI Islamic M-Series45.6% FTSE Shariah17.8% |
| RED CAT HOLDINGS INC | UNSCREENED | 0.05% | no in-house ratios for this holding |
| RDW REDWIRE CORP | COMPLIANT | 0.04% | AAOIFI3.2% Usmani4.5% Dow Jones Islamic6.0% S&P Shariah8.2% MSCI Islamic4.4% MSCI Islamic M-Series8.2% FTSE Shariah2.5% |
| CDRE CADRE HOLDINGS INC | NON_COMPLIANT | 0.04% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| FLY FIREFLY AEROSPACE INC | NON_COMPLIANT | 0.03% | AAOIFI0.9% Usmani2.1% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic1.9% MSCI Islamic M-Seriesfail FTSE Shariah0.5% |
| SMITH & WESSON BRANDS INC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| NATIONAL PRESTO INDS INC | UNSCREENED | 0.03% | no in-house ratios for this holding |
| RGR STURM RUGER & CO INC | COMPLIANT | 0.03% | AAOIFI0.2% Usmani0.3% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.3% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| BETA BETA TECHNOLOGIES INC -CL A | NON_COMPLIANT | 0.03% | AAOIFI3.6% Usmani10.7% Dow Jones Islamic4.2% S&P Shariah4.2% MSCI Islamic10.7% MSCI Islamic M-Series4.2% FTSE Shariah9.5% |
| VOYAGER TECHNOLOGIES INC-A | UNSCREENED | 0.01% | no in-house ratios for this holding |
| YSS YORK SPACE SYSTEMS INC | NON_COMPLIANT | 0.01% | AAOIFI8.8% Usmani8.6% Dow Jones Islamic— S&P Shariah— MSCI Islamic8.6% MSCI Islamic M-Series— FTSE Shariah7.1% |
| SPCE VIRGIN GALACTIC HOLDINGS INC | NON_COMPLIANT | 0.01% | AAOIFI46.2% Usmani26.8% Dow Jones Islamic105.8% S&P Shariah68.0% MSCI Islamic26.8% MSCI Islamic M-Series68.0% FTSE Shariah26.8% |
| GOLDMAN SACHS LIQ ES FD A | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 4 points of portfolio weight — 37.0% of it passes AAOIFI, 33.4% 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 37.0% ratios fail on 9.2% 71.2% not rated under AAOIFI
ratios pass on 33.9% ratios fail on 12.1% 71.3% not rated under Usmani
ratios pass on 36.7% ratios fail on 9.0% 71.7% not rated under Dow Jones Islamic
ratios pass on 34.9% ratios fail on 9.2% 73.3% not rated under S&P Shariah
ratios pass on 33.4% ratios fail on 12.2% 71.8% not rated under MSCI Islamic
ratios pass on 35.1% ratios fail on 9.0% 73.3% not rated under MSCI Islamic M-Series
ratios pass on 36.1% ratios fail on 9.4% 71.8% not rated under FTSE Shariah
33 of 59 listed holdings carry our own per-methodology verdicts (61% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 32 (61% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| GE GENERAL ELECTRIC CO | 14.43% |
| RTX RTX CORP | 11.13% |
| BA BOEING CO/THE | 5.88% |
| HWM HOWMET AEROSPACE INC | 3.13% |
| GD GENERAL DYNAMICS CORP | 3.11% |
| LMT LOCKHEED MARTIN CORP | 3.07% |
| TDG TRANSDIGM GROUP INC | 2.86% |
| NOC NORTHROP GRUMMAN CORP | 2.77% |
| LHX L3HARRIS TECHNOLOGIES INC | 2.40% |
| CW CURTISS-WRIGHT CORP | 1.24% |
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.
Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) 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 DFEN — 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) | 41.30 | NEUTRAL |
| Stochastic %K (14) | 68.41 | NEUTRAL |
| CCI (20) | 1.57 | NEUTRAL |
| Williams %R (14) | -31.59 | NEUTRAL |
| MACD (12,26,9) | 0.80 | BUY |
| ROC (10) | 1.22 | BUY |
| Momentum (10) | 0.58 | BUY |
| EMA (10) | 46.73 | BUY |
| SMA (10) | 46.13 | BUY |
| EMA (20) | 48.90 | SELL |
| SMA (20) | 48.11 | SELL |
| EMA (30) | 51.80 | SELL |
| SMA (30) | 50.53 | SELL |
| EMA (50) | 56.70 | SELL |
| SMA (50) | 60.52 | SELL |
| EMA (100) | 62.72 | SELL |
| SMA (100) | 67.72 | SELL |
| EMA (200) | 66.26 | SELL |
| SMA (200) | 71.20 | SELL |
The fund invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds ("ETFs") that track the index, that, in combination, provide 3X daily leveraged exposure to the index, consistent with the fund's investment objective. The index attempts to measure the performance of the aerospace and defense industry of the U.S. equity market. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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 | 44 |
| ⏰ 4H | RANGING | 42 |
| 🕐 1H | BULLISH | 98 |
| ⏱ 15-Min | BULLISH | 130 |
| ⏲ 5-Min | BULLISH | 234 |
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 2026-10-13 · Asset managers net 915835 (+9220)
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.