FTECETF / FundFidelity MSCI Information Technology Index ETF
Verdicts genuinely change. Free email alert the moment FTEC'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.
Fidelity MSCI Information Technology Index ETF · FIDELITY COVINGTON TRUST
284 holdings
NON-COMPLIANT 5.72% of portfolio weight is in non-compliant holdings, over the 5% threshold.
284 holdings, 262 matched (99% of weight). Portfolio as of 2026-07-31, filed 2026-09-23. Source: SEC Form N-PORT.
1.22% of this portfolio’s income is non-permissible — weighted across holdings, computed over 98% of portfolio weight (236 of 284 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.
81.2% compliant 12.2% questionable 5.7% non-compliant 0.9% unscreened
All holdings (284) · showing 251–284
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| EVLV Evolv Technologies Holdings Inc | COMPLIANT | 0.01% | AAOIFI4.6% Usmani13.8% Dow Jones Islamic4.5% S&P Shariah5.1% MSCI Islamic13.8% MSCI Islamic M-Series5.1% FTSE Shariah9.5% |
| ADTN ADTRAN Holdings Inc | COMPLIANT | 0.01% | AAOIFI31.4% Usmani16.9% Dow Jones Islamic25.0% S&P Shariah28.6% MSCI Islamic16.9% MSCI Islamic M-Series28.6% FTSE Shariah16.9% |
| CRSR Corsair Gaming Inc | COMPLIANT | 0.01% | AAOIFI12.4% Usmani15.2% Dow Jones Islamic21.1% S&P Shariah19.0% MSCI Islamic15.2% MSCI Islamic M-Series19.0% FTSE Shariah9.7% |
| GDYN Grid Dynamics Holdings Inc | NON_COMPLIANT | 0.01% | AAOIFI2.6% Usmani2.8% Dow Jones Islamic1.8% S&P Shariah1.8% MSCI Islamic2.8% MSCI Islamic M-Series1.8% FTSE Shariah0.0% |
| IIIV I3 Verticals Inc | NON_COMPLIANT | 0.01% | AAOIFI28.5% Usmani19.0% Dow Jones Islamic17.4% S&P Shariah18.2% MSCI Islamic19.0% MSCI Islamic M-Series18.2% FTSE Shariah18.2% |
| Chicago Mercantile Exchange | UNSCREENED | 0.01% | no in-house ratios for this holding |
| BTBT Bit Digital Inc | NON_COMPLIANT | 0.01% | AAOIFI20.2% Usmani9.7% Dow Jones Islamic20.7% S&P Shariah25.1% MSCI Islamic9.7% MSCI Islamic M-Series25.1% FTSE Shariah8.4% |
| AEVA Aeva Technologies Inc | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AEHR Aehr Test Systems | COMPLIANT | 0.00% | AAOIFI— Usmanifail Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariahfail |
| SPSC SPS Commerce Inc | COMPLIANT | 0.00% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.6% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| AXTI AXT Inc | COMPLIANT | 0.00% | AAOIFI0.2% Usmani0.6% Dow Jones Islamic0.5% S&P Shariah0.7% MSCI Islamic0.6% MSCI Islamic M-Series0.7% FTSE Shariah0.5% |
| SkyWater Technology Inc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| VIA Via Transportation Inc | COMPLIANT | 0.00% | AAOIFI1.0% Usmani2.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic2.5% MSCI Islamic M-Seriespass FTSE Shariah0.0% |
| FIG Figma Inc | NON_COMPLIANT | 0.00% | AAOIFI0.5% Usmani2.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic2.9% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| Q Qnity Electronics Inc | COMPLIANT | 0.00% | AAOIFI17.6% Usmani31.6% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic31.6% MSCI Islamic M-Seriespass FTSE Shariah28.1% |
| TTAN ServiceTitan Inc | COMPLIANT | 0.00% | AAOIFI2.7% Usmani8.5% Dow Jones Islamic1.7% S&P Shariahpass MSCI Islamic8.5% MSCI Islamic M-Seriespass FTSE Shariah5.8% |
| NTSK Netskope Inc | COMPLIANT | 0.00% | AAOIFI12.9% Usmani42.8% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic42.8% MSCI Islamic M-Seriespass FTSE Shariah40.8% |
| ONDS Ondas Inc | NON_COMPLIANT | 0.00% | AAOIFI0.8% Usmani1.2% Dow Jones Islamic1.9% S&P Shariah2.8% MSCI Islamic1.2% MSCI Islamic M-Series2.8% FTSE Shariah0.1% |
| BELFA Bel Fuse Inc | COMPLIANT | 0.00% | AAOIFI1.0% Usmani2.7% Dow Jones Islamic11.3% S&P Shariah13.7% MSCI Islamic2.7% MSCI Islamic M-Series13.7% FTSE Shariah0.0% |
| KODK Eastman Kodak Co | NON_COMPLIANT | 0.00% | AAOIFI16.3% Usmani9.7% Dow Jones Islamic22.6% S&P Shariah26.7% MSCI Islamic9.7% MSCI Islamic M-Series26.7% FTSE Shariah7.2% |
| CoreWeave Inc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| INFQ Infleqtion Inc | COMPLIANT | 0.00% | AAOIFI0.6% Usmani2.3% Dow Jones Islamic— S&P Shariah— MSCI Islamic2.3% MSCI Islamic M-Series— FTSE Shariah0.0% |
| AIP Arteris Inc | COMPLIANT | 0.00% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CRCL Circle Internet Group Inc | NON_COMPLIANT | 0.00% | AAOIFI0.1% Usmani0.0% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.0% MSCI Islamic M-Seriesfail FTSE Shariah0.0% |
| Lightwave Logic Inc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| TE T1 Energy Inc | NON_COMPLIANT | 0.00% | AAOIFI52.2% Usmani47.4% Dow Jones Islamic95.5% S&P Shariah120.1% MSCI Islamic47.4% MSCI Islamic M-Series120.1% FTSE Shariah33.5% |
| WOLF Wolfspeed Inc | NON_COMPLIANT | 0.00% | AAOIFI145.1% Usmani59.8% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic59.7% MSCI Islamic M-Seriesfail FTSE Shariah56.2% |
| IREN IREN Ltd | NON_COMPLIANT | 0.00% | AAOIFI48.9% Usmani49.6% Dow Jones Islamic83.7% S&P Shariah114.2% MSCI Islamic48.1% MSCI Islamic M-Series114.2% FTSE Shariah48.1% |
| Chicago Mercantile Exchange | UNSCREENED | 0.00% | no in-house ratios for this holding |
| EPAM EPAM Systems Inc | COMPLIANT | 0.00% | AAOIFI2.6% Usmani3.3% Dow Jones Islamic1.6% S&P Shariah1.4% MSCI Islamic3.3% MSCI Islamic M-Series1.4% FTSE Shariah0.5% |
| EFOR Everforth Inc | NON_COMPLIANT | 0.00% | AAOIFI112.1% Usmani37.2% Dow Jones Islamic63.4% S&P Shariah49.8% MSCI Islamic37.2% MSCI Islamic M-Series49.8% FTSE Shariah35.7% |
| Blackbaud Inc | UNSCREENED | 0.00% | no in-house ratios for this holding |
| DXC DXC Technology Co | NON_COMPLIANT | 0.00% | AAOIFI224.0% Usmani33.5% Dow Jones Islamic156.3% S&P Shariah135.8% MSCI Islamic32.3% MSCI Islamic M-Series135.8% FTSE Shariah27.1% |
| N-able Inc/US | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 23 points of portfolio weight — 90.2% of it passes AAOIFI, 67.2% 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 90.2% ratios fail on 5.0% 4.8% not rated under AAOIFI
ratios pass on 79.8% ratios fail on 14.5% 5.7% not rated under Usmani
ratios pass on 89.2% ratios fail on 5.0% 5.8% not rated under Dow Jones Islamic
ratios pass on 87.9% ratios fail on 6.4% 5.6% not rated under S&P Shariah
ratios pass on 67.2% ratios fail on 26.6% 6.1% not rated under MSCI Islamic
ratios pass on 87.7% ratios fail on 6.5% 5.8% not rated under MSCI Islamic M-Series
ratios pass on 76.3% ratios fail on 17.2% 6.5% not rated under FTSE Shariah
261 of 284 listed holdings carry our own per-methodology verdicts (99% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 233 (98% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| ORCL Oracle Corp | 0.90% |
| APH Amphenol Corp | 0.85% |
| NET Cloudflare Inc | 0.42% |
| DDOG Datadog Inc | 0.41% |
| HPE Hewlett Packard Enterprise Co | 0.34% |
| ROP Roper Technologies Inc | 0.21% |
| TDY Teledyne Technologies Inc | 0.18% |
| HPQ HP Inc | 0.17% |
| AKAM Akamai Technologies Inc | 0.11% |
| GEN Gen Digital Inc | 0.11% |
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.
Fidelity MSCI Information Technology Index ETF (FTEC) 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 FTEC — this runs off the critical path so the page paints first. It will appear here on its own.
| Investor | Firm | Position | Weight | As of |
|---|---|---|---|---|
| Ken Fisher | Fisher Asset Management | $0M | 0.0% | 2026-06-30 |
From the most recent 13F on file. A 13F reports long US equity positions quarterly and in arrears — it is what a manager held on the report date, not what they hold today.
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) | 39.80 | NEUTRAL |
| Stochastic %K (14) | 8.31 | BUY |
| CCI (20) | -117.64 | BUY |
| Williams %R (14) | -91.69 | BUY |
| MACD (12,26,9) | -2.44 | SELL |
| ROC (10) | -6.88 | SELL |
| Momentum (10) | -21.02 | SELL |
| EMA (10) | 290.13 | SELL |
| SMA (10) | 290.56 | SELL |
| EMA (20) | 293.16 | SELL |
| SMA (20) | 297.42 | SELL |
| EMA (30) | 293.30 | SELL |
| SMA (30) | 296.05 | SELL |
| EMA (50) | 291.18 | SELL |
| SMA (50) | 291.94 | SELL |
| EMA (100) | 282.72 | BUY |
| SMA (100) | 285.09 | SELL |
| EMA (200) | 262.35 | BUY |
| SMA (200) | 259.07 | BUY |
About Fidelity MSCI Information Technology Index ETF
The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology 25/50 Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology 25/50 Index. 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 | 41 |
| ⏰ 4H | BEARISH | 35 |
| 🕐 1H | BEARISH | 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.