Verdicts genuinely change. Free email alert the moment EDOW'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 Dow 30 Equal Weight ETF ETF · First Trust Exchange-Traded Fund
31 holdings · as of 2026-06-30 (3.6 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.
NON-COMPLIANT 26.77% of portfolio weight is in non-compliant holdings, over the 5% threshold.
31 holdings, 29 matched (96% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
3.99% of this portfolio’s income is non-permissible — weighted across holdings, computed over 86% of portfolio weight (26 of 31 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.
56.8% compliant 12.8% questionable 26.8% non-compliant 3.6% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| CAT CATERPILLAR INC | COMPLIANT | 4.04% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| SHW SHERWIN-WILLIAMS COMPANY (THE) | COMPLIANT | 3.68% | AAOIFI18.0% Usmani52.7% Dow Jones Islamic16.6% S&P Shariah17.3% MSCI Islamic52.7% MSCI Islamic M-Series17.3% FTSE Shariah44.8% |
| HD HOME DEPOT INC (THE) | COMPLIANT | 3.59% | AAOIFI18.6% Usmani56.1% Dow Jones Islamic16.3% S&P Shariah17.0% MSCI Islamic53.3% MSCI Islamic M-Series17.0% FTSE Shariah44.5% |
| TRV TRAVELERS COMPANIES INC (THE) | NON_COMPLIANT | 3.54% | AAOIFI11.8% Usmani6.3% Dow Jones Islamic14.9% S&P Shariah16.4% MSCI Islamic6.3% MSCI Islamic M-Series16.4% FTSE Shariah6.3% |
| AXP AMERICAN EXPRESS COMPANY | NON_COMPLIANT | 3.51% | AAOIFI26.8% Usmani19.2% Dow Jones Islamic27.4% S&P Shariah30.8% MSCI Islamic19.2% MSCI Islamic M-Series30.8% FTSE Shariah19.2% |
| MRK MERCK & COMPANY INC | COMPLIANT | 3.51% | AAOIFI14.7% Usmani41.5% Dow Jones Islamic21.8% S&P Shariah20.9% MSCI Islamic41.5% MSCI Islamic M-Series20.9% FTSE Shariah41.5% |
| AMGN AMGEN INC | COMPLIANT | 3.49% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| HON HONEYWELL INTERNATIONAL INC | NON_COMPLIANT | 3.48% | AAOIFI52.6% Usmani45.3% Dow Jones Islamic26.8% S&P Shariah27.3% MSCI Islamic45.2% MSCI Islamic M-Series27.3% FTSE Shariah43.9% |
| JNJ JOHNSON & JOHNSON | COMPLIANT | 3.46% | AAOIFI7.6% Usmani24.4% Dow Jones Islamic10.9% S&P Shariah11.7% MSCI Islamic24.4% MSCI Islamic M-Series11.7% FTSE Shariah24.4% |
| V VISA INC | COMPLIANT | 3.45% | AAOIFI3.5% Usmani25.2% Dow Jones Islamic15.5% S&P Shariah16.7% MSCI Islamic25.2% MSCI Islamic M-Series16.7% FTSE Shariah25.2% |
| JP MORGAN CHASE & COMPANY | UNSCREENED | 3.44% | no in-house ratios for this holding |
| GOOG ALPHABET INC | QUESTIONABLE | 3.41% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| BA BOEING COMPANY (THE) | NON_COMPLIANT | 3.37% | AAOIFI30.1% Usmani30.2% Dow Jones Islamic33.6% S&P Shariah36.0% MSCI Islamic30.2% MSCI Islamic M-Series36.0% FTSE Shariah30.2% |
| IBM INTERNATIONAL BUSINESS MACHINES CORP | COMPLIANT | 3.36% | AAOIFI29.5% Usmani42.9% Dow Jones Islamic28.2% S&P Shariah32.2% MSCI Islamic42.9% MSCI Islamic M-Series32.2% FTSE Shariah40.8% |
| MMM 3M COMPANY | COMPLIANT | 3.36% | AAOIFI15.2% Usmani37.7% Dow Jones Islamic16.6% S&P Shariah18.5% MSCI Islamic37.7% MSCI Islamic M-Series18.5% FTSE Shariah35.9% |
| UNH UNITEDHEALTH GROUP INC | NON_COMPLIANT | 3.32% | AAOIFI20.4% Usmani23.7% Dow Jones Islamic20.4% S&P Shariah18.8% MSCI Islamic23.7% MSCI Islamic M-Series18.8% FTSE Shariah23.7% |
| GS GOLDMAN SACHS GROUP INC (THE) | NON_COMPLIANT | 3.28% | AAOIFI147.5% Usmani20.6% Dow Jones Islamic194.6% S&P Shariah229.2% MSCI Islamic20.6% MSCI Islamic M-Series229.2% FTSE Shariah20.6% |
| AMZN AMAZON.COM INC | QUESTIONABLE | 3.26% | AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1% |
| NVDA NVIDIA CORP | COMPLIANT | 3.25% | AAOIFI1.1% Usmani12.1% Dow Jones Islamic0.9% S&P Shariah1.1% MSCI Islamic12.1% MSCI Islamic M-Series1.1% FTSE Shariah10.4% |
| AAPL APPLE INC | COMPLIANT | 3.23% | AAOIFI2.1% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5% |
| CSCO CISCO SYSTEMS INC | COMPLIANT | 3.21% | AAOIFI5.7% Usmani18.9% Dow Jones Islamic8.4% S&P Shariah9.5% MSCI Islamic18.9% MSCI Islamic M-Series9.5% FTSE Shariah17.6% |
| PG PROCTER & GAMBLE COMPANY (THE) | COMPLIANT | 3.20% | AAOIFI8.9% Usmani23.9% Dow Jones Islamic8.5% S&P Shariah8.5% MSCI Islamic23.9% MSCI Islamic M-Series8.5% FTSE Shariah23.2% |
| DIS WALT DISNEY COMPANY (THE) | NON_COMPLIANT | 3.17% | AAOIFI25.4% Usmani22.5% Dow Jones Islamic24.6% S&P Shariah25.2% MSCI Islamic22.5% MSCI Islamic M-Series25.2% FTSE Shariah22.5% |
| KO COCA-COLA COMPANY (THE) | COMPLIANT | 3.16% | AAOIFI11.9% Usmani43.4% Dow Jones Islamic14.9% S&P Shariah15.9% MSCI Islamic43.4% MSCI Islamic M-Series15.9% FTSE Shariah41.8% |
| MCD MCDONALD'S CORP | NON_COMPLIANT | 3.11% | AAOIFI29.7% Usmani91.1% Dow Jones Islamic26.3% S&P Shariah27.2% MSCI Islamic91.1% MSCI Islamic M-Series27.2% FTSE Shariah66.5% |
| WMT WALMART INC | QUESTIONABLE | 3.05% | AAOIFI6.4% Usmani21.5% Dow Jones Islamic6.9% S&P Shariah8.0% MSCI Islamic19.2% MSCI Islamic M-Series8.0% FTSE Shariah13.6% |
| MSFT MICROSOFT CORP | QUESTIONABLE | 3.05% | AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3% |
| NKE NIKE INC | COMPLIANT | 3.04% | AAOIFI19.4% Usmani28.7% Dow Jones Islamic21.0% S&P Shariah18.2% MSCI Islamic28.7% MSCI Islamic M-Series18.2% FTSE Shariah20.7% |
| CRM SALESFORCE INC | COMPLIANT | 2.98% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CVX CHEVRON CORP | COMPLIANT | 2.84% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1% |
| DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS | UNSCREENED | 0.14% | no in-house ratios for this holding |
The published standards disagree about this fund by 30 points of portfolio weight — 72.2% of it passes Dow Jones Islamic, 41.9% 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 68.7% ratios fail on 17.2% 14.1% not rated under AAOIFI
ratios pass on 48.3% ratios fail on 37.6% 14.1% not rated under Usmani
ratios pass on 72.2% ratios fail on 13.7% 14.1% not rated under Dow Jones Islamic
ratios pass on 72.2% ratios fail on 13.7% 14.1% not rated under S&P Shariah
ratios pass on 41.9% ratios fail on 40.6% 17.5% not rated under MSCI Islamic
ratios pass on 72.2% ratios fail on 13.7% 14.1% not rated under MSCI Islamic M-Series
ratios pass on 48.3% ratios fail on 37.6% 14.1% not rated under FTSE Shariah
29 of 31 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, 26 (86% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| TRV TRAVELERS COMPANIES INC (THE) | 3.54% |
| AXP AMERICAN EXPRESS COMPANY | 3.51% |
| HON HONEYWELL INTERNATIONAL INC | 3.48% |
| BA BOEING COMPANY (THE) | 3.37% |
| UNH UNITEDHEALTH GROUP INC | 3.32% |
| GS GOLDMAN SACHS GROUP INC (THE) | 3.28% |
| DIS WALT DISNEY COMPANY (THE) | 3.17% |
| MCD MCDONALD'S CORP | 3.11% |
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.
First Trust Dow 30 Equal Weight ETF (EDOW) 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 EDOW — 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) | 61.00 | NEUTRAL |
| Stochastic %K (14) | 81.02 | SELL |
| CCI (20) | 175.77 | SELL |
| Williams %R (14) | -18.98 | SELL |
| MACD (12,26,9) | 0.17 | BUY |
| ROC (10) | 3.27 | BUY |
| Momentum (10) | 1.45 | BUY |
| EMA (10) | 45.34 | BUY |
| SMA (10) | 45.18 | BUY |
| EMA (20) | 45.20 | BUY |
| SMA (20) | 44.98 | BUY |
| EMA (30) | 45.21 | BUY |
| SMA (30) | 45.10 | BUY |
| EMA (50) | 45.16 | BUY |
| SMA (50) | 45.52 | BUY |
| EMA (100) | 44.66 | BUY |
| SMA (100) | 44.87 | BUY |
| EMA (200) | 43.42 | BUY |
| SMA (200) | 43.36 | BUY |
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks that comprise the index. The index is the equal weight version of the Dow Jones Industrial Average (the "DJIA"). The DJIA is a 30-stock,price-weighted index that measures the performance of some of the largest U.S.companies.
Background via Yahoo Finance — informational, not part of the verdict.
Average — needs more confirmation before sizing up
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 | 42 |
| 🕐 1H | NEUTRAL | 31 |
| ⏱ 15-Min | BULLISH | 126 |
| ⏲ 5-Min | BEARISH | 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.