ECMLETF / FundEuclidean Fundamental Value ETF
Verdicts genuinely change. Free email alert the moment ECML'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.
Euclidean Fundamental Value ETF · EA Series Trust
63 holdings
NON-COMPLIANT 32.73% of portfolio weight is in non-compliant holdings, over the 5% threshold.
63 holdings, 51 matched (82% of weight). Portfolio as of 2026-06-30, filed 2026-08-26. Source: SEC Form N-PORT.
0.61% of this portfolio’s income is non-permissible — weighted across holdings, computed over 77% of portfolio weight (48 of 63 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.
49.1% compliant 0.0% questionable 32.7% non-compliant 18.2% unscreened
All holdings (63)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| MLI Mueller Industries Inc | COMPLIANT | 2.39% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.2% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.1% |
| MATX Matson Inc | COMPLIANT | 2.38% | AAOIFI10.7% Usmani15.2% Dow Jones Islamic16.1% S&P Shariah17.1% MSCI Islamic15.2% MSCI Islamic M-Series17.1% FTSE Shariah7.1% |
| OC Owens Corning | NON_COMPLIANT | 2.27% | AAOIFI43.5% Usmani37.4% Dow Jones Islamic40.6% S&P Shariah39.3% MSCI Islamic37.4% MSCI Islamic M-Series39.3% FTSE Shariah33.2% |
| Crocs Inc | UNSCREENED | 2.24% | no in-house ratios for this holding |
| OSK Oshkosh Corp | COMPLIANT | 2.21% | AAOIFI14.2% Usmani14.3% Dow Jones Islamic17.3% S&P Shariah18.2% MSCI Islamic13.6% MSCI Islamic M-Series18.2% FTSE Shariah11.5% |
| DAL Delta Air Lines Inc | NON_COMPLIANT | 2.19% | AAOIFI35.9% Usmani21.9% Dow Jones Islamic46.8% S&P Shariah52.9% MSCI Islamic21.9% MSCI Islamic M-Series52.9% FTSE Shariah15.0% |
| BWA BorgWarner Inc | NON_COMPLIANT | 2.13% | AAOIFI30.1% Usmani29.2% Dow Jones Islamic43.9% S&P Shariah46.5% MSCI Islamic29.2% MSCI Islamic M-Series46.5% FTSE Shariah27.7% |
| MOH Molina Healthcare Inc | NON_COMPLIANT | 2.12% | AAOIFI36.0% Usmani24.7% Dow Jones Islamic29.7% S&P Shariah24.7% MSCI Islamic23.6% MSCI Islamic M-Series24.7% FTSE Shariah23.6% |
| FCX Freeport-McMoRan Inc | COMPLIANT | 2.11% | AAOIFI9.4% Usmani17.3% Dow Jones Islamic14.8% S&P Shariah15.6% MSCI Islamic17.3% MSCI Islamic M-Series15.6% FTSE Shariah15.7% |
| MO Altria Group Inc | NON_COMPLIANT | 2.08% | AAOIFI21.4% Usmani73.6% Dow Jones Islamic25.3% S&P Shariah28.5% MSCI Islamic73.6% MSCI Islamic M-Series28.5% FTSE Shariah73.6% |
| Allison Transmission Holdings Inc | UNSCREENED | 1.96% | no in-house ratios for this holding |
| CBT Cabot Corp | COMPLIANT | 1.96% | AAOIFI27.4% Usmani27.4% Dow Jones Islamic25.7% S&P Shariah25.0% MSCI Islamic27.4% MSCI Islamic M-Series25.0% FTSE Shariah27.4% |
| PRDO Perdoceo Education Corp | NON_COMPLIANT | 1.94% | AAOIFI2.3% Usmani4.2% Dow Jones Islamic2.5% S&P Shariah2.9% MSCI Islamic3.6% MSCI Islamic M-Series2.9% FTSE Shariah0.0% |
| PLAB Photronics Inc | NON_COMPLIANT | 1.91% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CF CF Industries Holdings Inc | COMPLIANT | 1.90% | AAOIFI17.9% Usmani23.9% Dow Jones Islamic24.1% S&P Shariah24.7% MSCI Islamic23.9% MSCI Islamic M-Series24.7% FTSE Shariah21.3% |
| FOX Fox Corp | NON_COMPLIANT | 1.80% | AAOIFI29.1% Usmani33.7% Dow Jones Islamic14791428216.1% S&P Shariah17289936602.0% MSCI Islamic33.7% MSCI Islamic M-Series17289936602.0% FTSE Shariah29.4% |
| APA APA Corp | NON_COMPLIANT | 1.77% | AAOIFI25.9% Usmani21.6% Dow Jones Islamic42.6% S&P Shariah41.4% MSCI Islamic21.6% MSCI Islamic M-Series41.4% FTSE Shariah20.8% |
| HRB H&R Block Inc | NON_COMPLIANT | 1.75% | AAOIFI34.8% Usmani64.6% Dow Jones Islamic34.1% S&P Shariah33.8% MSCI Islamic64.6% MSCI Islamic M-Series33.8% FTSE Shariah45.8% |
| VLO Valero Energy Corp | COMPLIANT | 1.74% | AAOIFI10.3% Usmani14.1% Dow Jones Islamic17.0% S&P Shariah18.0% MSCI Islamic14.1% MSCI Islamic M-Series18.0% FTSE Shariah14.1% |
| SENEA Seneca Foods Corp | COMPLIANT | 1.72% | AAOIFI18.8% Usmani20.2% Dow Jones Islamic19.3% S&P Shariah23.1% MSCI Islamic19.8% MSCI Islamic M-Series23.1% FTSE Shariah18.4% |
| VC Visteon Corp | COMPLIANT | 1.72% | AAOIFI15.8% Usmani12.6% Dow Jones Islamic16.4% S&P Shariah15.4% MSCI Islamic12.6% MSCI Islamic M-Series15.4% FTSE Shariah8.7% |
| DINO HF Sinclair Corp | COMPLIANT | 1.71% | AAOIFI16.9% Usmani17.1% Dow Jones Islamic34.7% S&P Shariah34.5% MSCI Islamic16.6% MSCI Islamic M-Series34.5% FTSE Shariah14.6% |
| Crown Holdings Inc | UNSCREENED | 1.67% | no in-house ratios for this holding |
| ADBE Adobe Inc | COMPLIANT | 1.66% | AAOIFI4.5% Usmani22.6% Dow Jones Islamic4.6% S&P Shariah3.8% MSCI Islamic22.6% MSCI Islamic M-Series3.8% FTSE Shariah21.2% |
| LRN Stride Inc | COMPLIANT | 1.65% | AAOIFI12.2% Usmani22.4% Dow Jones Islamic9.2% S&P Shariah10.7% MSCI Islamic17.6% MSCI Islamic M-Series10.7% FTSE Shariah17.2% |
| ELV ELEVANCE HEALTH INC | NON_COMPLIANT | 1.65% | AAOIFI35.1% Usmani24.6% Dow Jones Islamic37.4% S&P Shariah33.5% MSCI Islamic24.6% MSCI Islamic M-Series33.5% FTSE Shariah24.6% |
| EPAM EPAM Systems Inc | COMPLIANT | 1.64% | AAOIFI2.6% Usmani3.3% Dow Jones Islamic1.6% S&P Shariah1.4% MSCI Islamic3.3% MSCI Islamic M-Series1.4% FTSE Shariah0.5% |
| Harmony Biosciences Holdings Inc | UNSCREENED | 1.64% | no in-house ratios for this holding |
| Boyd Gaming Corp | UNSCREENED | 1.64% | no in-house ratios for this holding |
| Callaway Golf Co | UNSCREENED | 1.63% | no in-house ratios for this holding |
| Catalyst Pharmaceuticals Inc | UNSCREENED | 1.59% | no in-house ratios for this holding |
| Korn Ferry | UNSCREENED | 1.57% | no in-house ratios for this holding |
| MTX Minerals Technologies Inc | NON_COMPLIANT | 1.56% | AAOIFI42.8% Usmani27.4% Dow Jones Islamic45.6% S&P Shariah45.4% MSCI Islamic27.4% MSCI Islamic M-Series45.4% FTSE Shariah27.4% |
| GNTX Gentex Corp | COMPLIANT | 1.53% | AAOIFI0.2% Usmani0.4% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic0.4% MSCI Islamic M-Series0.2% FTSE Shariah0.1% |
| CALM Cal-Maine Foods Inc | COMPLIANT | 1.49% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| YELP Yelp Inc | COMPLIANT | 1.48% | AAOIFI1.6% Usmani2.4% Dow Jones Islamic1.2% S&P Shariah1.0% MSCI Islamic2.4% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| MD Pediatrix Medical Group Inc | NON_COMPLIANT | 1.46% | AAOIFI28.7% Usmani29.1% Dow Jones Islamic39.4% S&P Shariah47.3% MSCI Islamic29.1% MSCI Islamic M-Series47.3% FTSE Shariah27.4% |
| GRBK Green Brick Partners Inc | COMPLIANT | 1.45% | AAOIFI11.1% Usmani12.4% Dow Jones Islamic11.0% S&P Shariah11.6% MSCI Islamic12.4% MSCI Islamic M-Series11.6% FTSE Shariah12.4% |
| ARW Arrow Electronics Inc | COMPLIANT | 1.45% | AAOIFI17.6% Usmani5.7% Dow Jones Islamic29.5% S&P Shariah30.6% MSCI Islamic5.7% MSCI Islamic M-Series30.6% FTSE Shariah5.7% |
| INSW International Seaways Inc | COMPLIANT | 1.43% | AAOIFI12.6% Usmani21.6% Dow Jones Islamic26.6% S&P Shariah28.6% MSCI Islamic21.6% MSCI Islamic M-Series28.6% FTSE Shariah21.4% |
| MHO M/I Homes Inc | COMPLIANT | 1.43% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| TOL Toll Brothers Inc | COMPLIANT | 1.43% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| HESM Hess Midstream LP | NON_COMPLIANT | 1.41% | AAOIFI44.7% Usmani86.5% Dow Jones Islamic87.9% S&P Shariah105.7% MSCI Islamic86.5% MSCI Islamic M-Series105.7% FTSE Shariah86.5% |
| AU Anglogold Ashanti Plc | COMPLIANT | 1.41% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Cheniere Energy Partners LP | UNSCREENED | 1.41% | no in-house ratios for this holding |
| Taylor Morrison Home Corp | UNSCREENED | 1.38% | no in-house ratios for this holding |
| BIIB Biogen Inc | COMPLIANT | 1.38% | AAOIFI21.2% Usmani22.5% Dow Jones Islamic27.5% S&P Shariah24.3% MSCI Islamic22.5% MSCI Islamic M-Series24.3% FTSE Shariah21.3% |
| NEM Newmont Corp | COMPLIANT | 1.35% | AAOIFI3.8% Usmani8.8% Dow Jones Islamic6.1% S&P Shariah7.4% MSCI Islamic8.8% MSCI Islamic M-Series7.4% FTSE Shariah8.8% |
| PHM PulteGroup Inc | COMPLIANT | 1.31% | AAOIFI0.2% Usmani0.2% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic0.2% MSCI Islamic M-Series0.2% FTSE Shariah0.2% |
| HAL Halliburton Co | COMPLIANT | 1.28% | AAOIFI27.3% Usmani31.7% Dow Jones Islamic34.0% S&P Shariah31.2% MSCI Islamic31.7% MSCI Islamic M-Series31.2% FTSE Shariah27.7% |
| DR Horton Inc | UNSCREENED | 1.27% | no in-house ratios for this holding |
| EOG EOG Resources Inc | COMPLIANT | 1.27% | AAOIFI10.8% Usmani15.1% Dow Jones Islamic12.6% S&P Shariah12.5% MSCI Islamic15.1% MSCI Islamic M-Series12.5% FTSE Shariah14.5% |
| AA Alcoa Corp | COMPLIANT | 1.25% | AAOIFI16.9% Usmani13.2% Dow Jones Islamic24.5% S&P Shariah28.1% MSCI Islamic13.2% MSCI Islamic M-Series28.1% FTSE Shariah13.2% |
| INGR Ingredion Inc | COMPLIANT | 1.25% | AAOIFI28.1% Usmani22.1% Dow Jones Islamic23.4% S&P Shariah24.2% MSCI Islamic22.1% MSCI Islamic M-Series24.2% FTSE Shariah22.1% |
| THC Tenet Healthcare Corp | NON_COMPLIANT | 1.21% | AAOIFI63.5% Usmani43.2% Dow Jones Islamic83.2% S&P Shariah95.3% MSCI Islamic43.2% MSCI Islamic M-Series95.3% FTSE Shariah43.2% |
| INVA Innoviva Inc | NON_COMPLIANT | 1.20% | AAOIFI17.5% Usmani15.8% Dow Jones Islamic19.8% S&P Shariah21.9% MSCI Islamic15.8% MSCI Islamic M-Series21.9% FTSE Shariah15.2% |
| BMY Bristol-Myers Squibb Co | NON_COMPLIANT | 1.17% | AAOIFI37.3% Usmani51.1% Dow Jones Islamic42.2% S&P Shariah44.8% MSCI Islamic51.1% MSCI Islamic M-Series44.8% FTSE Shariah48.9% |
| COP ConocoPhillips | COMPLIANT | 1.15% | AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7% |
| PPC Pilgrim's Pride Corp | NON_COMPLIANT | 1.11% | AAOIFI43.6% Usmani31.0% Dow Jones Islamic33.3% S&P Shariah37.2% MSCI Islamic31.0% MSCI Islamic M-Series37.2% FTSE Shariah28.5% |
| TAP Molson Coors Beverage Co | NON_COMPLIANT | 1.01% | AAOIFI103.6% Usmani32.6% Dow Jones Islamic93.0% S&P Shariah89.1% MSCI Islamic32.4% MSCI Islamic M-Series89.1% FTSE Shariah31.5% |
| UHS Universal Health Services Inc | NON_COMPLIANT | 0.99% | AAOIFI52.8% Usmani33.0% Dow Jones Islamic45.9% S&P Shariah48.2% MSCI Islamic33.0% MSCI Islamic M-Series48.2% FTSE Shariah30.4% |
| CTSH Cognizant Technology Solutions Corp | COMPLIANT | 0.94% | AAOIFI4.0% Usmani5.4% Dow Jones Islamic3.2% S&P Shariah3.2% MSCI Islamic5.3% MSCI Islamic M-Series3.2% FTSE Shariah2.8% |
| First American Government Obligations Fund | UNSCREENED | 0.24% | no in-house ratios for this holding |
The published standards disagree about this fund by 14 points of portfolio weight — 56.1% of it passes FTSE Shariah, 42.0% passes Dow Jones 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 52.8% ratios fail on 21.8% 25.4% not rated under AAOIFI
ratios pass on 48.2% ratios fail on 21.1% 30.8% not rated under Usmani
ratios pass on 42.0% ratios fail on 30.0% 28.0% not rated under Dow Jones Islamic
ratios pass on 43.3% ratios fail on 30.0% 26.8% not rated under S&P Shariah
ratios pass on 48.6% ratios fail on 25.0% 26.5% not rated under MSCI Islamic
ratios pass on 43.3% ratios fail on 30.0% 26.8% not rated under MSCI Islamic M-Series
ratios pass on 56.1% ratios fail on 17.4% 26.5% not rated under FTSE Shariah
51 of 63 listed holdings carry our own per-methodology verdicts (82% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 48 (77% 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.
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.
Euclidean Fundamental Value ETF (ECML) 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 ECML — 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) | 47.20 | NEUTRAL |
| Stochastic %K (14) | 59.84 | NEUTRAL |
| CCI (20) | 26.95 | NEUTRAL |
| Williams %R (14) | -40.16 | NEUTRAL |
| MACD (12,26,9) | 0.07 | BUY |
| ROC (10) | 0.26 | BUY |
| Momentum (10) | 0.10 | BUY |
| EMA (10) | 40.42 | SELL |
| SMA (10) | 40.48 | SELL |
| EMA (20) | 40.40 | SELL |
| SMA (20) | 40.14 | BUY |
| EMA (30) | 40.46 | SELL |
| SMA (30) | 40.32 | SELL |
| EMA (50) | 40.46 | SELL |
| SMA (50) | 40.95 | SELL |
| EMA (100) | 39.91 | BUY |
| SMA (100) | 40.16 | BUY |
| EMA (200) | 38.18 | BUY |
| SMA (200) | 38.44 | BUY |
About Euclidean Fundamental Value ETF
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in U.S. equity securities that the sub-adviser believes are under-valued and under-appreciated by the market. The sub-adviser employs a quantitative and systematic approach to long-term investing. It is expected that the fund will generally hold 60 to 70 stocks that are selected from a universe that includes all publicly traded stocks listed on the New York Stock Exchange (“NYSE”) and the Nasdaq Market (“Nasdaq”).
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
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 | BEARISH | 26 |
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 2026-10-20 · Asset managers net 901377 (-14458)
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.