Verdicts genuinely change. Free email alert the moment DTRE'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.
First Trust Alerian Disruptive Technology Real Estate ETF · First Trust Exchange-Traded Fund II
32 holdings
NON-COMPLIANT 56.77% of portfolio weight is in non-compliant holdings, over the 5% threshold.
32 holdings, 26 matched (86% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
1.27% of this portfolio’s income is non-permissible — weighted across holdings, computed over 66% of portfolio weight (22 of 32 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.
28.0% compliant 0.0% questionable 56.8% non-compliant 14.1% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| EQIX EQUINIX INC | COMPLIANT | 6.70% | AAOIFI20.7% Usmani57.3% Dow Jones Islamic24.8% S&P Shariah26.3% MSCI Islamic51.7% MSCI Islamic M-Series26.3% FTSE Shariah48.4% |
| PLD PROLOGIS INC | COMPLIANT | 6.51% | AAOIFI25.8% Usmani35.3% Dow Jones Islamic31.2% S&P Shariah32.1% MSCI Islamic35.3% MSCI Islamic M-Series32.1% FTSE Shariah35.3% |
| DLR DIGITAL REALTY TRUST INC | COMPLIANT | 6.33% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| AMT AMERICAN TOWER CORP | NON_COMPLIANT | 6.03% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CCI CROWN CASTLE INC | NON_COMPLIANT | 5.80% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| AMERICOLD REALTY TRUST INC | UNSCREENED | 5.44% | no in-house ratios for this holding |
| SBAC SBA COMMUNICATIONS CORP | NON_COMPLIANT | 5.36% | AAOIFI63.3% Usmani108.4% Dow Jones Islamic58.7% S&P Shariah58.5% MSCI Islamic108.4% MSCI Islamic M-Series58.5% FTSE Shariah108.4% |
| SGRO.L SEGRO PLC | NON_COMPLIANT | 5.10% | AAOIFI43.5% Usmani31.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic30.8% MSCI Islamic M-Seriesfail FTSE Shariah30.8% |
| LINE LINEAGE INC | NON_COMPLIANT | 4.66% | AAOIFI78.9% Usmani43.1% Dow Jones Islamic66.3% S&P Shariahfail MSCI Islamic36.3% MSCI Islamic M-Seriesfail FTSE Shariah32.9% |
| EGP EASTGROUP PROPERTIES INC | COMPLIANT | 4.36% | AAOIFI15.0% Usmani29.2% Dow Jones Islamic17.6% S&P Shariah18.6% MSCI Islamic29.2% MSCI Islamic M-Series18.6% FTSE Shariah29.2% |
| LXP LXP INDUSTRIAL TRUST | NON_COMPLIANT | 4.23% | AAOIFI38.0% Usmani39.4% Dow Jones Islamic51.3% S&P Shariah53.6% MSCI Islamic39.4% MSCI Islamic M-Series53.6% FTSE Shariah39.4% |
| FIRST INDUSTRIAL REALTY TRUST INC | UNSCREENED | 4.21% | no in-house ratios for this holding |
| STAG STAG INDUSTRIAL INC | NON_COMPLIANT | 4.17% | AAOIFI44.2% Usmani44.6% Dow Jones Islamic48.2% S&P Shariah49.6% MSCI Islamic44.6% MSCI Islamic M-Series49.6% FTSE Shariah44.6% |
| TRNO TERRENO REALTY CORP | COMPLIANT | 4.12% | AAOIFI13.1% Usmani16.5% Dow Jones Islamic15.2% S&P Shariah16.2% MSCI Islamic16.5% MSCI Islamic M-Series16.2% FTSE Shariah16.5% |
| REXR REXFORD INDUSTRIAL REALTY INC | NON_COMPLIANT | 4.06% | AAOIFI39.8% Usmani28.1% Dow Jones Islamic38.3% S&P Shariah36.9% MSCI Islamic28.1% MSCI Islamic M-Series36.9% FTSE Shariah28.1% |
| AJBU.SI KEPPEL DC REIT | NON_COMPLIANT | 2.62% | AAOIFI42.9% Usmani35.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic34.7% MSCI Islamic M-Seriesfail FTSE Shariah34.7% |
| MAPLETREE LOGISTIC TRUST MANAGEMENT LTD | UNSCREENED | 1.92% | no in-house ratios for this holding |
| LMP.L LONDONMETRIC PROPERTY PLC | NON_COMPLIANT | 1.87% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3281.T GLP J-REIT | NON_COMPLIANT | 1.68% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BBOX.L TRITAX BIG BOX REIT PLC | NON_COMPLIANT | 1.53% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| ME8U.SI MAPLETREE INDUSTRIAL TRUST | NON_COMPLIANT | 1.34% | AAOIFI41.8% Usmani30.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic29.6% MSCI Islamic M-Seriesfail FTSE Shariah29.6% |
| WAREHOUSE DE PAUW NV | UNSCREENED | 1.33% | no in-house ratios for this holding |
| 3283.T NIPPON PROLOGIS REIT INC | NON_COMPLIANT | 1.22% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MITSUI FUDOSAN LOGISTICS PARK INC | UNSCREENED | 1.16% | no in-house ratios for this holding |
| 8984.T DAIWA HOUSE REIT INVESTMENT CORP | NON_COMPLIANT | 1.16% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BUOU.SI FRASERS LOGISTICS & COMMERCIAL TRUST | NON_COMPLIANT | 1.13% | AAOIFI76.1% Usmani37.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic36.0% MSCI Islamic M-Seriesfail FTSE Shariah36.0% |
| GRT-UN.TO GRANITE REAL ESTATE INVESTMENT TRUST | NON_COMPLIANT | 1.12% | AAOIFI61.3% Usmani34.4% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic34.0% MSCI Islamic M-Seriesfail FTSE Shariah34.0% |
| EFE.F SAGAX AB | NON_COMPLIANT | 1.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3249.T INDUSTRIAL AND INFRASTRUCTURE FUND INVESTMENT CORP | NON_COMPLIANT | 0.98% | AAOIFI86.2% Usmani52.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic52.0% MSCI Islamic M-Seriesfail FTSE Shariah52.0% |
| DIR-UN.TO DREAM INDUSTRIAL REAL ESTATE INVESTMENT TRUST | NON_COMPLIANT | 0.88% | AAOIFI80.3% Usmani37.3% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic37.1% MSCI Islamic M-Seriesfail FTSE Shariah37.1% |
| 3466.T LASALLE LOGIPORT REIT | NON_COMPLIANT | 0.72% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MORGAN STANLEY INSTITUTIONAL LIQUIDITY FUNDS | UNSCREENED | 0.06% | no in-house ratios for this holding |
The published standards disagree about this fund by 17 points of portfolio weight — 23.6% of it passes FTSE Shariah, 6.4% passes Usmani. 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 21.7% ratios fail on 44.9% 32.3% not rated under AAOIFI
ratios pass on 6.4% ratios fail on 47.7% 44.8% not rated under Usmani
ratios pass on 21.7% ratios fail on 44.9% 32.3% not rated under Dow Jones Islamic
ratios pass on 21.7% ratios fail on 44.9% 32.3% not rated under S&P Shariah
ratios pass on 19.0% ratios fail on 47.7% 32.3% not rated under MSCI Islamic
ratios pass on 21.7% ratios fail on 44.9% 32.3% not rated under MSCI Islamic M-Series
ratios pass on 23.6% ratios fail on 43.0% 32.3% not rated under FTSE Shariah
26 of 32 listed holdings carry our own per-methodology verdicts (85% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 17 (64% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| AMT AMERICAN TOWER CORP | 6.03% |
| CCI CROWN CASTLE INC | 5.80% |
| SBAC SBA COMMUNICATIONS CORP | 5.36% |
| SGRO.L SEGRO PLC | 5.10% |
| LINE LINEAGE INC | 4.66% |
| LXP LXP INDUSTRIAL TRUST | 4.23% |
| STAG STAG INDUSTRIAL INC | 4.17% |
| REXR REXFORD INDUSTRIAL REALTY INC | 4.06% |
| AJBU.SI KEPPEL DC REIT | 2.62% |
| LMP.L LONDONMETRIC PROPERTY PLC | 1.87% |
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.
First Trust Alerian Disruptive Technology Real Estate ETF (DTRE) 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 DTRE — 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.
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) | 49.20 | NEUTRAL |
| Stochastic %K (14) | 79.23 | NEUTRAL |
| CCI (20) | 39.90 | NEUTRAL |
| Williams %R (14) | -20.77 | NEUTRAL |
| MACD (12,26,9) | 0.15 | BUY |
| ROC (10) | 2.73 | BUY |
| Momentum (10) | 1.08 | BUY |
| EMA (10) | 40.54 | BUY |
| SMA (10) | 40.41 | BUY |
| EMA (20) | 40.62 | BUY |
| SMA (20) | 40.42 | BUY |
| EMA (30) | 40.82 | SELL |
| SMA (30) | 40.80 | SELL |
| EMA (50) | 41.13 | SELL |
| SMA (50) | 41.41 | SELL |
| EMA (100) | 41.33 | SELL |
| SMA (100) | 41.79 | SELL |
| EMA (200) | 40.76 | SELL |
| SMA (200) | 41.10 | SELL |
The fund will normally invest at least 90% of its net assets (plus any borrowings for investment purposes) in the common stocks, REITs and depository receipts that comprise the index. The index seeks to provide exposure to companies that own, operate and/or lease real estate that supports advanced wired and wireless communication, data storage and processing infrastructure, e-commerce warehouses and fulfillment centers. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
Still fetching the market-structure read — it ran past this page's budget, so the page painted without waiting. The fetch is still running; reload in a moment and it will be here.
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.