EUSAETF / FundiShares MSCI USA Equal Weighted ETF
Verdicts genuinely change. Free email alert the moment EUSA's does — no target price to set, unlike a price alert.
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.
iShares MSCI USA Equal Weighted ETF ETF · iShares, Inc.
530 holdings · as of 2026-08-31 (2.3 months ago)
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 102% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 47.04% of portfolio weight is in non-compliant holdings, over the 5% threshold.
530 holdings, 507 matched (95% of weight). Portfolio as of 2026-08-31, filed 2026-10-23. Source: SEC Form N-PORT.
2.44% of this portfolio’s income is non-permissible — weighted across holdings, computed over 89% of portfolio weight (476 of 530 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.
46.1% compliant 2.5% questionable 46.1% non-compliant 5.3% unscreened
All holdings (530) · showing 501–530
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| COHR Coherent Corp. | COMPLIANT | 0.14% | AAOIFI6.0% Usmani19.3% Dow Jones Islamic12.1% S&P Shariah15.9% MSCI Islamic19.3% MSCI Islamic M-Series15.9% FTSE Shariah17.6% |
| WMT WALMART INC. | QUESTIONABLE | 0.14% | AAOIFI6.4% Usmani21.5% Dow Jones Islamic6.9% S&P Shariah8.0% MSCI Islamic19.2% MSCI Islamic M-Series8.0% FTSE Shariah13.6% |
| IREN IREN LIMITED | NON_COMPLIANT | 0.14% | AAOIFI48.9% Usmani49.6% Dow Jones Islamic83.7% S&P Shariah114.2% MSCI Islamic48.1% MSCI Islamic M-Series114.2% FTSE Shariah48.1% |
| EIX EDISON INTERNATIONAL | NON_COMPLIANT | 0.14% | AAOIFI189.8% Usmani43.9% Dow Jones Islamic173.1% S&P Shariah173.0% MSCI Islamic43.9% MSCI Islamic M-Series173.0% FTSE Shariah42.7% |
| NXPI NXP Semiconductors N.V. | COMPLIANT | 0.14% | AAOIFI22.1% Usmani46.1% Dow Jones Islamic22.1% S&P Shariah22.0% MSCI Islamic46.1% MSCI Islamic M-Series22.0% FTSE Shariah45.1% |
| SPACE EXPLORATION TECHNOLOGIES CORP. | UNSCREENED | 0.13% | no in-house ratios for this holding |
| BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares | UNSCREENED | 0.13% | no in-house ratios for this holding |
| CIEN CIENA CORPORATION | COMPLIANT | 0.13% | AAOIFI6.7% Usmani41.1% Dow Jones Islamic10.4% S&P Shariah14.0% MSCI Islamic41.0% MSCI Islamic M-Series14.0% FTSE Shariah40.4% |
| ON ON SEMICONDUCTOR CORPORATION | COMPLIANT | 0.12% | AAOIFI16.9% Usmani34.9% Dow Jones Islamic18.0% S&P Shariah16.5% MSCI Islamic34.7% MSCI Islamic M-Series16.5% FTSE Shariah33.1% |
| FNF FIDELITY NATIONAL FINANCIAL, INC | NON_COMPLIANT | 0.12% | AAOIFI35.7% Usmani3.8% Dow Jones Islamic29.8% S&P Shariah31.6% MSCI Islamic3.8% MSCI Islamic M-Series31.6% FTSE Shariah3.8% |
| AST SPACEMOBILE, INC. | UNSCREENED | 0.12% | no in-house ratios for this holding |
| ROL ROLLINS, INC. | COMPLIANT | 0.12% | AAOIFI6.5% Usmani33.2% Dow Jones Islamic4.4% S&P Shariah4.7% MSCI Islamic33.2% MSCI Islamic M-Series4.7% FTSE Shariah21.0% |
| APP APPLOVIN CORPORATION | COMPLIANT | 0.12% | AAOIFI3.9% Usmani42.5% Dow Jones Islamic2.5% S&P Shariah3.4% MSCI Islamic42.5% MSCI Islamic M-Series3.4% FTSE Shariah42.5% |
| FOX FOX CORPORATION | NON_COMPLIANT | 0.12% | AAOIFI29.1% Usmani33.7% Dow Jones Islamic14791428216.1% S&P Shariah17289936602.0% MSCI Islamic33.7% MSCI Islamic M-Series17289936602.0% FTSE Shariah29.4% |
| DKS DICK'S SPORTING GOODS, INC. | NON_COMPLIANT | 0.11% | AAOIFI48.9% Usmani33.2% Dow Jones Islamic33.0% S&P Shariah35.5% MSCI Islamic33.2% MSCI Islamic M-Series35.5% FTSE Shariah0.0% |
| HEI HEICO CORPORATION | COMPLIANT | 0.11% | AAOIFI6.2% Usmani25.6% Dow Jones Islamic31.4% S&P Shariah34.9% MSCI Islamic25.6% MSCI Islamic M-Series34.9% FTSE Shariah25.6% |
| ECHO ECHOSTAR CORPORATION | NON_COMPLIANT | 0.11% | AAOIFI70.1% Usmani44.9% Dow Jones Islamic89.9% S&P Shariah120.2% MSCI Islamic44.6% MSCI Islamic M-Series120.2% FTSE Shariah44.2% |
| MTZ MASTEC, INC. | COMPLIANT | 0.11% | AAOIFI16.4% Usmani33.2% Dow Jones Islamic19.2% S&P Shariah24.0% MSCI Islamic29.6% MSCI Islamic M-Series24.0% FTSE Shariah25.1% |
| FN FABRINET | COMPLIANT | 0.11% | AAOIFI0.0% Usmani0.1% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.1% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| RKLB ROCKET LAB CORPORATION | COMPLIANT | 0.09% | AAOIFI0.3% Usmani2.9% Dow Jones Islamic0.4% S&P Shariah0.6% MSCI Islamic2.5% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| HONEYWELL INTERNATIONAL INCORPORATION | UNSCREENED | 0.09% | no in-house ratios for this holding |
| GOOG ALPHABET INC. | QUESTIONABLE | 0.09% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| HEI HEICO CORPORATION | COMPLIANT | 0.09% | AAOIFI6.2% Usmani25.6% Dow Jones Islamic31.4% S&P Shariah34.9% MSCI Islamic25.6% MSCI Islamic M-Series34.9% FTSE Shariah25.6% |
| FOX FOX CORPORATION | NON_COMPLIANT | 0.07% | AAOIFI29.1% Usmani33.7% Dow Jones Islamic14791428216.1% S&P Shariah17289936602.0% MSCI Islamic33.7% MSCI Islamic M-Series17289936602.0% FTSE Shariah29.4% |
| GOOG ALPHABET INC. | QUESTIONABLE | 0.07% | AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9% |
| HONA HONEYWELL AEROSPACE INC. | NON_COMPLIANT | 0.06% | AAOIFI32.8% Usmani83.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic83.4% MSCI Islamic M-Seriespass FTSE Shariah81.8% |
| FDXF FEDEX FREIGHT HOLDING COMPANY, INC. | NON_COMPLIANT | 0.03% | AAOIFI31.8% Usmani89.3% Dow Jones Islamic— S&P Shariah— MSCI Islamic89.3% MSCI Islamic M-Series— FTSE Shariah62.6% |
| S P MID 400 EMINI SEP26 | UNSCREENED | 0.00% | no in-house ratios for this holding |
| S P500 EMINI FUT SEP26 | UNSCREENED | 0.00% | no in-house ratios for this holding |
| HOLOGIC INC CVR | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 20 points of portfolio weight — 55.2% of it passes AAOIFI, 34.8% 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 55.2% ratios fail on 34.6% 12.2% not rated under AAOIFI
ratios pass on 38.9% ratios fail on 45.6% 17.5% not rated under Usmani
ratios pass on 53.4% ratios fail on 35.3% 13.3% not rated under Dow Jones Islamic
ratios pass on 52.8% ratios fail on 35.8% 13.3% not rated under S&P Shariah
ratios pass on 34.8% ratios fail on 51.7% 15.5% not rated under MSCI Islamic
ratios pass on 52.1% ratios fail on 36.5% 13.3% not rated under MSCI Islamic M-Series
ratios pass on 45.2% ratios fail on 40.9% 15.9% not rated under FTSE Shariah
503 of 530 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, 493 (95% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| VMRK VIVMARK RESIDENTIAL | 0.35% |
| VEEV VEEVA SYSTEMS INC. | 0.31% |
| HPE HEWLETT PACKARD ENTERPRISE COMPANY | 0.28% |
| IQV IQVIA HOLDINGS INC | 0.27% |
| NET CLOUDFLARE, INC. | 0.26% |
| GPC GENUINE PARTS COMPANY | 0.26% |
| CDW CDW CORPORATION | 0.26% |
| HPQ HP INC. | 0.25% |
| MPC MARATHON PETROLEUM CORPORATION | 0.25% |
| HOOD ROBINHOOD MARKETS, INC. | 0.25% |
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.
iShares MSCI USA Equal Weighted ETF (EUSA) 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 EUSA — 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) | 54.80 | NEUTRAL |
| Stochastic %K (14) | 69.67 | NEUTRAL |
| CCI (20) | 63.25 | NEUTRAL |
| Williams %R (14) | -30.33 | NEUTRAL |
| MACD (12,26,9) | -0.04 | SELL |
| ROC (10) | 0.83 | BUY |
| Momentum (10) | 0.96 | BUY |
| EMA (10) | 115.20 | BUY |
| SMA (10) | 115.48 | BUY |
| EMA (20) | 114.96 | BUY |
| SMA (20) | 114.93 | BUY |
| EMA (30) | 114.80 | BUY |
| SMA (30) | 114.31 | BUY |
| EMA (50) | 114.65 | BUY |
| SMA (50) | 114.34 | BUY |
| EMA (100) | 113.78 | BUY |
| SMA (100) | 114.80 | BUY |
| EMA (200) | 110.40 | BUY |
| SMA (200) | 110.69 | BUY |
About iShares MSCI USA Equal Weighted ETF
The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is an equally-weighted securities index that measures the performance of the large- and mid-capitalization segments of U.S. equity securities and which represents an alternative weighting scheme to its market capitalization-weighted parent index, the MSCI USA Index.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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 | 42 |
| ⏰ 4H | BEARISH | 21 |
| 🕐 1H | BULLISH | 87 |
| ⏱ 15-Min | BULLISH | 130 |
| ⏲ 5-Min | BEARISH | 234 |
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 2026-11-03 · Asset managers net 928584 (+5135)
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.