Verdicts genuinely change. Free email alert the moment FTXN'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 Nasdaq Oil & Gas ETF · First Trust Exchange-Traded Fund VI
44 holdings
NON-COMPLIANT 42.03% of portfolio weight is in non-compliant holdings, over the 5% threshold.
44 holdings, 39 matched (92% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
0.27% of this portfolio’s income is non-permissible — weighted across holdings, computed over 91% of portfolio weight (38 of 44 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.
50.4% compliant 0.0% questionable 42.0% non-compliant 7.6% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| COP CONOCOPHILLIPS | COMPLIANT | 7.26% | AAOIFI14.4% Usmani18.7% Dow Jones Islamic19.1% S&P Shariah18.8% MSCI Islamic18.7% MSCI Islamic M-Series18.8% FTSE Shariah18.7% |
| XOM EXXONMOBIL HOLDINGS CORP | COMPLIANT | 7.10% | AAOIFI6.5% Usmani9.1% Dow Jones Islamic8.5% S&P Shariah9.0% MSCI Islamic9.1% MSCI Islamic M-Series9.0% FTSE Shariah9.1% |
| CVX CHEVRON CORP | COMPLIANT | 7.03% | AAOIFI0.1% Usmani0.1% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.1% MSCI Islamic M-Series0.1% FTSE Shariah0.1% |
| EOG EOG RESOURCES INC | COMPLIANT | 5.60% | AAOIFI10.8% Usmani15.1% Dow Jones Islamic12.6% S&P Shariah12.5% MSCI Islamic15.1% MSCI Islamic M-Series12.5% FTSE Shariah14.5% |
| OXY OCCIDENTAL PETROLEUM CORP | NON_COMPLIANT | 5.23% | AAOIFI24.4% Usmani19.4% Dow Jones Islamic31.4% S&P Shariah30.3% MSCI Islamic18.2% MSCI Islamic M-Series30.3% FTSE Shariah17.1% |
| MPC MARATHON PETROLEUM CORP | NON_COMPLIANT | 5.10% | AAOIFI31.4% Usmani36.4% Dow Jones Islamic59.6% S&P Shariah59.2% MSCI Islamic36.4% MSCI Islamic M-Series59.2% FTSE Shariah34.8% |
| VG VENTURE GLOBAL INC | NON_COMPLIANT | 4.19% | AAOIFI137.8% Usmani69.6% Dow Jones Islamic142.4% S&P Shariahfail MSCI Islamic69.2% MSCI Islamic M-Seriesfail FTSE Shariah68.0% |
| VLO VALERO ENERGY CORP | COMPLIANT | 4.06% | AAOIFI10.3% Usmani14.1% Dow Jones Islamic17.0% S&P Shariah18.0% MSCI Islamic14.1% MSCI Islamic M-Series18.0% FTSE Shariah14.1% |
| FANG DIAMONDBACK ENERGY INC | COMPLIANT | 4.00% | AAOIFI22.6% Usmani18.0% Dow Jones Islamic28.3% S&P Shariah31.9% MSCI Islamic18.0% MSCI Islamic M-Series31.9% FTSE Shariah18.0% |
| DVN DEVON ENERGY CORP | COMPLIANT | 3.52% | AAOIFI22.3% Usmani16.8% Dow Jones Islamic46.9% S&P Shariah45.5% MSCI Islamic16.7% MSCI Islamic M-Series45.5% FTSE Shariah16.1% |
| KMI KINDER MORGAN INC | NON_COMPLIANT | 3.34% | AAOIFI46.1% Usmani43.5% Dow Jones Islamic53.0% S&P Shariah61.2% MSCI Islamic43.5% MSCI Islamic M-Series61.2% FTSE Shariah43.5% |
| ONEOK INC | UNSCREENED | 3.27% | no in-house ratios for this holding |
| WMB WILLIAMS COMPANIES INC (THE) | NON_COMPLIANT | 3.26% | AAOIFI35.0% Usmani50.0% Dow Jones Islamic41.0% S&P Shariah47.9% MSCI Islamic50.0% MSCI Islamic M-Series47.9% FTSE Shariah50.0% |
| SLB LTD | UNSCREENED | 3.13% | no in-house ratios for this holding |
| LNG CHENIERE ENERGY INC | NON_COMPLIANT | 3.06% | AAOIFI44.4% Usmani55.8% Dow Jones Islamic54.4% S&P Shariah58.8% MSCI Islamic55.8% MSCI Islamic M-Series58.8% FTSE Shariah50.6% |
| PSX PHILLIPS 66 | NON_COMPLIANT | 3.01% | AAOIFI20.2% Usmani25.1% Dow Jones Islamic36.5% S&P Shariah37.1% MSCI Islamic25.1% MSCI Islamic M-Series37.1% FTSE Shariah25.1% |
| APA APA CORP | NON_COMPLIANT | 2.71% | AAOIFI25.9% Usmani21.6% Dow Jones Islamic42.6% S&P Shariah41.4% MSCI Islamic21.6% MSCI Islamic M-Series41.4% FTSE Shariah20.8% |
| TRGP TARGA RESOURCES CORP | NON_COMPLIANT | 2.44% | AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7% |
| EQT EQT CORP | COMPLIANT | 2.43% | AAOIFI16.4% Usmani13.7% Dow Jones Islamic18.1% S&P Shariah21.8% MSCI Islamic13.7% MSCI Islamic M-Series21.8% FTSE Shariah13.7% |
| EXE EXPAND ENERGY CORP | COMPLIANT | 2.12% | AAOIFI22.5% Usmani17.3% Dow Jones Islamic22.5% S&P Shariah27.7% MSCI Islamic17.3% MSCI Islamic M-Series27.7% FTSE Shariah17.0% |
| OVV OVINTIV INC | NON_COMPLIANT | 2.08% | AAOIFI27.8% Usmani26.1% Dow Jones Islamic41.7% S&P Shariah41.7% MSCI Islamic25.5% MSCI Islamic M-Series41.7% FTSE Shariah19.2% |
| PR PERMIAN RESOURCES CORP | COMPLIANT | 1.98% | AAOIFI16.0% Usmani17.0% Dow Jones Islamic25.3% S&P Shariah28.1% MSCI Islamic16.9% MSCI Islamic M-Series28.1% FTSE Shariah16.2% |
| BKR BAKER HUGHES COMPANY | NON_COMPLIANT | 1.72% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| HAL HALLIBURTON COMPANY | COMPLIANT | 1.53% | AAOIFI27.3% Usmani31.7% Dow Jones Islamic34.0% S&P Shariah31.2% MSCI Islamic31.7% MSCI Islamic M-Series31.2% FTSE Shariah27.7% |
| MTDR MATADOR RESOURCES COMPANY | NON_COMPLIANT | 1.30% | AAOIFI57.6% Usmani31.2% Dow Jones Islamic69.1% S&P Shariah66.4% MSCI Islamic31.2% MSCI Islamic M-Series66.4% FTSE Shariah31.2% |
| SM SM ENERGY COMPANY | NON_COMPLIANT | 1.25% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| NOV NOV INC | NON_COMPLIANT | 0.60% | AAOIFI27.3% Usmani21.0% Dow Jones Islamic35.8% S&P Shariah33.5% MSCI Islamic18.7% MSCI Islamic M-Series33.5% FTSE Shariah15.4% |
| ARCHROCK INC | UNSCREENED | 0.59% | no in-house ratios for this holding |
| OII OCEANEERING INTERNATIONAL INC | NON_COMPLIANT | 0.58% | AAOIFI16.3% Usmani30.6% Dow Jones Islamic28.6% S&P Shariah30.5% MSCI Islamic30.6% MSCI Islamic M-Series30.5% FTSE Shariah18.2% |
| RRC RANGE RESOURCES CORP | COMPLIANT | 0.57% | AAOIFI10.4% Usmani13.4% Dow Jones Islamic11.6% S&P Shariah12.0% MSCI Islamic13.4% MSCI Islamic M-Series12.0% FTSE Shariah11.5% |
| DTM DT MIDSTREAM INC | COMPLIANT | 0.54% | AAOIFI25.5% Usmani33.0% Dow Jones Islamic30.1% S&P Shariah36.3% MSCI Islamic33.0% MSCI Islamic M-Series36.3% FTSE Shariah32.6% |
| ANTERO MIDSTREAM CORP | UNSCREENED | 0.51% | no in-house ratios for this holding |
| WHD CACTUS INC | COMPLIANT | 0.48% | AAOIFI0.8% Usmani2.2% Dow Jones Islamic0.9% S&P Shariah1.0% MSCI Islamic1.5% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| LBRT LIBERTY ENERGY INC | NON_COMPLIANT | 0.47% | AAOIFI40.1% Usmani35.9% Dow Jones Islamic44.1% S&P Shariah43.7% MSCI Islamic30.1% MSCI Islamic M-Series43.7% FTSE Shariah28.8% |
| MGY MAGNOLIA OIL & GAS CORP | COMPLIANT | 0.47% | AAOIFI6.5% Usmani13.2% Dow Jones Islamic9.0% S&P Shariah9.4% MSCI Islamic13.2% MSCI Islamic M-Series9.4% FTSE Shariah12.5% |
| CRC CALIFORNIA RESOURCES CORP | COMPLIANT | 0.46% | AAOIFI28.0% Usmani19.0% Dow Jones Islamic31.5% S&P Shariah34.1% MSCI Islamic19.0% MSCI Islamic M-Series34.1% FTSE Shariah18.0% |
| CNX CNX RESOURCES CORP | NON_COMPLIANT | 0.46% | AAOIFI42.4% Usmani26.0% Dow Jones Islamic47.9% S&P Shariah52.8% MSCI Islamic25.7% MSCI Islamic M-Series52.8% FTSE Shariah24.3% |
| BKV BKV CORP | NON_COMPLIANT | 0.44% | AAOIFI42.7% Usmani29.5% Dow Jones Islamic56.5% S&P Shariahfail MSCI Islamic29.5% MSCI Islamic M-Seriesfail FTSE Shariah29.5% |
| TPL TEXAS PACIFIC LAND CORP | COMPLIANT | 0.44% | AAOIFI0.1% Usmani0.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| TDW TIDEWATER INC | COMPLIANT | 0.42% | AAOIFI13.9% Usmani27.6% Dow Jones Islamic21.4% S&P Shariah18.9% MSCI Islamic27.6% MSCI Islamic M-Series18.9% FTSE Shariah27.6% |
| GPOR GULFPORT ENERGY CORP | NON_COMPLIANT | 0.41% | AAOIFI29.1% Usmani29.1% Dow Jones Islamic28.3% S&P Shariah30.4% MSCI Islamic29.1% MSCI Islamic M-Series30.4% FTSE Shariah29.1% |
| WFRD WEATHERFORD INTERNATIONAL PLC | COMPLIANT | 0.40% | AAOIFI26.7% Usmani33.0% Dow Jones Islamic29.9% S&P Shariah26.6% MSCI Islamic31.8% MSCI Islamic M-Series26.6% FTSE Shariah29.0% |
| RIG TRANSOCEAN LTD | NON_COMPLIANT | 0.38% | AAOIFI78.3% Usmani33.8% Dow Jones Islamic118.5% S&P Shariah113.6% MSCI Islamic33.8% MSCI Islamic M-Series113.6% FTSE Shariah33.8% |
| DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS | UNSCREENED | 0.07% | no in-house ratios for this holding |
The published standards disagree about this fund by 16 points of portfolio weight — 68.1% of it passes FTSE Shariah, 51.9% 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 65.8% ratios fail on 24.4% 9.8% not rated under AAOIFI
ratios pass on 67.0% ratios fail on 23.2% 9.8% not rated under Usmani
ratios pass on 51.9% ratios fail on 36.8% 11.3% not rated under Dow Jones Islamic
ratios pass on 52.9% ratios fail on 37.4% 9.8% not rated under S&P Shariah
ratios pass on 63.4% ratios fail on 27.3% 9.3% not rated under MSCI Islamic
ratios pass on 52.5% ratios fail on 37.7% 9.8% not rated under MSCI Islamic M-Series
ratios pass on 68.1% ratios fail on 22.2% 9.8% not rated under FTSE Shariah
39 of 44 listed holdings carry our own per-methodology verdicts (92% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 38 (91% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| OXY OCCIDENTAL PETROLEUM CORP | 5.23% |
| MPC MARATHON PETROLEUM CORP | 5.10% |
| VG VENTURE GLOBAL INC | 4.19% |
| KMI KINDER MORGAN INC | 3.34% |
| WMB WILLIAMS COMPANIES INC (THE) | 3.26% |
| LNG CHENIERE ENERGY INC | 3.06% |
| PSX PHILLIPS 66 | 3.01% |
| APA APA CORP | 2.71% |
| TRGP TARGA RESOURCES CORP | 2.44% |
| OVV OVINTIV INC | 2.08% |
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 Nasdaq Oil & Gas ETF (FTXN) 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 FTXN — 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) | 60.30 | NEUTRAL |
| Stochastic %K (14) | 82.14 | SELL |
| CCI (20) | 103.15 | SELL |
| Williams %R (14) | -17.86 | SELL |
| MACD (12,26,9) | 0.16 | BUY |
| ROC (10) | 5.21 | BUY |
| Momentum (10) | 2.01 | BUY |
| EMA (10) | 39.72 | BUY |
| SMA (10) | 39.29 | BUY |
| EMA (20) | 39.55 | BUY |
| SMA (20) | 39.46 | BUY |
| EMA (30) | 39.41 | BUY |
| SMA (30) | 39.84 | BUY |
| EMA (50) | 38.95 | BUY |
| SMA (50) | 39.22 | BUY |
| EMA (100) | 37.68 | BUY |
| SMA (100) | 37.30 | BUY |
| EMA (200) | 35.17 | BUY |
| SMA (200) | 35.45 | BUY |
The fund will normally invest at least 80% of its net assets (including investment borrowings) in the securities that comprise the index. The index is designed to provide exposure to U.S. companies comprising the oil and gas sector that have been selected based upon their liquidity and ranking. It is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
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 |
| ⏰ 4H | BULLISH | 24 |
| 🕐 1H | BULLISH | 97 |
| ⏱ 15-Min | BEARISH | 130 |
| ⏲ 5-Min | RANGING | 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 2026-10-06 · Asset managers net 906615 (+2612)
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.