FMTMETF / FundMarketDesk Focused U.S. Momentum ETF
Verdicts genuinely change. Free email alert the moment FMTM'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.
MarketDesk Focused U.S. Momentum ETF ETF · EA Series Trust
31 holdings · as of 2026-07-31 (2.8 months ago)
NON-COMPLIANT 29.34% of portfolio weight is in non-compliant holdings, over the 5% threshold.
31 holdings, 28 matched (93% of weight). Portfolio as of 2026-07-31, filed 2026-09-28. Source: SEC Form N-PORT.
6.24% of this portfolio’s income is non-permissible — weighted across holdings, computed over 93% of portfolio weight (28 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.
64.1% compliant 0.0% questionable 29.3% non-compliant 6.6% unscreened
All holdings (31)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ALAB Astera Labs Inc | COMPLIANT | 3.76% | AAOIFI0.1% Usmani2.3% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic2.3% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| WDC Western Digital Corp | COMPLIANT | 3.70% | AAOIFI0.9% Usmani8.6% Dow Jones Islamic1.6% S&P Shariah2.1% MSCI Islamic8.6% MSCI Islamic M-Series2.1% FTSE Shariah7.6% |
| SNOW Snowflake Inc | COMPLIANT | 3.51% | AAOIFI0.4% Usmani5.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic5.5% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| ILMN Illumina Inc | COMPLIANT | 3.50% | AAOIFI1.6% Usmani8.1% Dow Jones Islamic2.7% S&P Shariah2.7% MSCI Islamic8.1% MSCI Islamic M-Series2.7% FTSE Shariah0.0% |
| CRWD Crowdstrike Holdings Inc | COMPLIANT | 3.47% | AAOIFI0.4% Usmani6.8% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic6.8% MSCI Islamic M-Series0.8% FTSE Shariah6.2% |
| NTAP NetApp Inc | COMPLIANT | 3.44% | AAOIFI7.4% Usmani25.0% Dow Jones Islamic11.7% S&P Shariah13.3% MSCI Islamic25.0% MSCI Islamic M-Series13.3% FTSE Shariah22.7% |
| FTNT Fortinet Inc | COMPLIANT | 3.44% | AAOIFI0.4% Usmani4.6% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic4.6% MSCI Islamic M-Series0.8% FTSE Shariah4.6% |
| LRCX Lam Research Corp | COMPLIANT | 3.44% | AAOIFI1.0% Usmani17.5% Dow Jones Islamic2.1% S&P Shariah2.4% MSCI Islamic17.5% MSCI Islamic M-Series2.4% FTSE Shariah15.8% |
| DDOG Datadog Inc | NON_COMPLIANT | 3.40% | AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1% |
| VIK Viking Holdings Ltd | NON_COMPLIANT | 3.38% | AAOIFI14.6% Usmani46.3% Dow Jones Islamic19.5% S&P Shariah21.5% MSCI Islamic46.3% MSCI Islamic M-Series21.5% FTSE Shariah46.3% |
| PANW Palo Alto Networks Inc | COMPLIANT | 3.37% | AAOIFI0.3% Usmani1.6% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic1.6% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| MRVL MARVELL TECHNOLOGY INC | COMPLIANT | 3.34% | AAOIFI2.7% Usmani19.2% Dow Jones Islamic5.6% S&P Shariah6.5% MSCI Islamic19.2% MSCI Islamic M-Series6.5% FTSE Shariah18.0% |
| OKTA Okta Inc | COMPLIANT | 3.33% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic0.6% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| BEN Franklin Resources Inc | NON_COMPLIANT | 3.31% | AAOIFI14.1% Usmani6.6% Dow Jones Islamic19.8% S&P Shariah20.3% MSCI Islamic6.6% MSCI Islamic M-Series20.3% FTSE Shariah6.6% |
| TWLO Twilio Inc | COMPLIANT | 3.28% | AAOIFI3.1% Usmani9.8% Dow Jones Islamic5.4% S&P Shariah6.4% MSCI Islamic9.8% MSCI Islamic M-Series6.4% FTSE Shariah9.2% |
| MET MetLife Inc | NON_COMPLIANT | 3.28% | AAOIFI47.5% Usmani3.9% Dow Jones Islamic56.2% S&P Shariah58.5% MSCI Islamic3.9% MSCI Islamic M-Series58.5% FTSE Shariah3.9% |
| FFIV F5 Inc | COMPLIANT | 3.27% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| VOYA Voya Financial Inc | NON_COMPLIANT | 3.27% | AAOIFI23.3% Usmani1.1% Dow Jones Islamic30.0% S&P Shariah30.4% MSCI Islamic1.1% MSCI Islamic M-Series30.4% FTSE Shariah1.1% |
| ManpowerGroup Inc | UNSCREENED | 3.27% | no in-house ratios for this holding |
| STT State Street Corp | NON_COMPLIANT | 3.26% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| UNP Union Pacific Corp | COMPLIANT | 3.25% | AAOIFI18.2% Usmani43.8% Dow Jones Islamic22.0% S&P Shariah22.4% MSCI Islamic43.8% MSCI Islamic M-Series22.4% FTSE Shariah42.6% |
| MSM MSC Industrial Direct Co Inc | COMPLIANT | 3.21% | AAOIFI8.2% Usmani22.3% Dow Jones Islamic11.4% S&P Shariah11.5% MSCI Islamic22.3% MSCI Islamic M-Series11.5% FTSE Shariah20.3% |
| TKR Timken Co/The | COMPLIANT | 3.21% | AAOIFI29.0% Usmani31.9% Dow Jones Islamic34.4% S&P Shariah35.9% MSCI Islamic31.9% MSCI Islamic M-Series35.9% FTSE Shariah30.0% |
| DELL Dell Technologies Inc | COMPLIANT | 3.20% | AAOIFI10.2% Usmani27.7% Dow Jones Islamic30.9% S&P Shariah36.3% MSCI Islamic27.7% MSCI Islamic M-Series36.3% FTSE Shariah27.1% |
| CUZ Cousins Properties Inc | NON_COMPLIANT | 3.20% | AAOIFI77.9% Usmani41.3% Dow Jones Islamic85.2% S&P Shariah94.4% MSCI Islamic41.3% MSCI Islamic M-Series94.4% FTSE Shariah41.3% |
| SNDR Schneider National Inc | COMPLIANT | 3.20% | AAOIFI6.5% Usmani7.9% Dow Jones Islamic8.2% S&P Shariah8.6% MSCI Islamic7.9% MSCI Islamic M-Series8.6% FTSE Shariah7.9% |
| Highwoods Properties Inc | UNSCREENED | 3.19% | no in-house ratios for this holding |
| CSX CSX Corp | COMPLIANT | 3.17% | AAOIFI21.8% Usmani43.3% Dow Jones Islamic27.6% S&P Shariah28.4% MSCI Islamic43.3% MSCI Islamic M-Series28.4% FTSE Shariah42.2% |
| CVS CVS Health Corp | NON_COMPLIANT | 3.17% | AAOIFI61.7% Usmani30.1% Dow Jones Islamic84.9% S&P Shariah88.7% MSCI Islamic30.1% MSCI Islamic M-Series88.7% FTSE Shariah24.2% |
| HUM Humana Inc | NON_COMPLIANT | 3.07% | AAOIFI30.1% Usmani26.3% Dow Jones Islamic44.9% S&P Shariah38.8% MSCI Islamic26.3% MSCI Islamic M-Series38.8% FTSE Shariah25.3% |
| First American Government Obligations Fund | UNSCREENED | 0.16% | no in-house ratios for this holding |
The published standards disagree about this fund by 20 points of portfolio weight — 56.7% of it passes AAOIFI, 36.3% 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 56.7% ratios fail on 26.4% 16.9% not rated under AAOIFI
ratios pass on 43.3% ratios fail on 36.5% 20.2% not rated under Usmani
ratios pass on 53.5% ratios fail on 29.6% 16.9% not rated under Dow Jones Islamic
ratios pass on 50.3% ratios fail on 32.8% 16.9% not rated under S&P Shariah
ratios pass on 36.3% ratios fail on 46.8% 16.9% not rated under MSCI Islamic
ratios pass on 50.3% ratios fail on 32.8% 16.9% not rated under MSCI Islamic M-Series
ratios pass on 46.6% ratios fail on 36.5% 16.9% not rated under FTSE Shariah
28 of 31 listed holdings carry our own per-methodology verdicts (93% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 27 (90% 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.
MarketDesk Focused U.S. Momentum ETF (FMTM) 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 FMTM — 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) | 50.10 | NEUTRAL |
| Stochastic %K (14) | 42.48 | NEUTRAL |
| CCI (20) | -35.78 | NEUTRAL |
| Williams %R (14) | -57.52 | NEUTRAL |
| MACD (12,26,9) | -0.08 | SELL |
| ROC (10) | -3.43 | SELL |
| Momentum (10) | -1.40 | SELL |
| EMA (10) | 39.41 | SELL |
| SMA (10) | 39.49 | SELL |
| EMA (20) | 39.40 | SELL |
| SMA (20) | 39.55 | SELL |
| EMA (30) | 39.35 | BUY |
| SMA (30) | 39.29 | BUY |
| EMA (50) | 39.31 | BUY |
| SMA (50) | 39.12 | BUY |
| EMA (100) | 39.08 | BUY |
| SMA (100) | 39.70 | SELL |
| EMA (200) | 37.55 | BUY |
| SMA (200) | 38.35 | BUY |
About MarketDesk Focused U.S. Momentum ETF
Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in U.S. securities demonstrating positive momentum. The fund defines positive momentum as having positive returns for the previous one-, three-, six-, or twelve-month period or returns greater than the investment universe for the previous one-, three-, six-, or twelve-month period. The fund is non-diversified.
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 | 42 |
| ⏰ 4H | BEARISH | 33 |
| 🕐 1H | RANGING | 98 |
| ⏱ 15-Min | RANGING | 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 2026-10-20 · 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.