FTXOETF / FundFirst Trust Nasdaq Bank ETF
Verdicts genuinely change. Free email alert the moment FTXO'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 Bank ETF · First Trust Exchange-Traded Fund VI
51 holdings
NON-COMPLIANT 76.79% of portfolio weight is in non-compliant holdings, over the 5% threshold.
51 holdings, 37 matched (77% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
0.0% compliant 0.0% questionable 76.8% non-compliant 23.1% unscreened
All holdings (51)
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| C CITIGROUP INC | NON_COMPLIANT | 8.98% | AAOIFI159.2% Usmani13.8% Dow Jones Islamic214.6% S&P Shariah251.0% MSCI Islamic13.8% MSCI Islamic M-Series251.0% FTSE Shariah13.8% |
| BAC BANK OF AMERICA CORP | NON_COMPLIANT | 8.08% | AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7% |
| JP MORGAN CHASE & COMPANY | UNSCREENED | 7.71% | no in-house ratios for this holding |
| WFC WELLS FARGO & COMPANY | NON_COMPLIANT | 7.17% | AAOIFI80.2% Usmani9.1% Dow Jones Islamic84.8% S&P Shariah93.9% MSCI Islamic9.1% MSCI Islamic M-Series93.9% FTSE Shariah9.1% |
| TFC TRUIST FINANCIAL CORP | NON_COMPLIANT | 7.14% | AAOIFI110.7% Usmani12.6% Dow Jones Islamic124.2% S&P Shariah135.1% MSCI Islamic12.6% MSCI Islamic M-Series135.1% FTSE Shariah12.6% |
| PNC PNC FINANCIAL SERVICES GROUP INC (THE) | NON_COMPLIANT | 4.10% | AAOIFI87.5% Usmani13.9% Dow Jones Islamic110.0% S&P Shariah122.6% MSCI Islamic13.9% MSCI Islamic M-Series122.6% FTSE Shariah13.9% |
| CFG CITIZENS FINANCIAL GROUP INC | NON_COMPLIANT | 3.96% | AAOIFI92.6% Usmani11.8% Dow Jones Islamic125.5% S&P Shariah143.3% MSCI Islamic11.8% MSCI Islamic M-Series143.3% FTSE Shariah11.8% |
| US BANCORP | UNSCREENED | 3.91% | no in-house ratios for this holding |
| MTB M&T BANK CORP | NON_COMPLIANT | 3.88% | AAOIFI52.5% Usmani8.3% Dow Jones Islamic59.6% S&P Shariah66.0% MSCI Islamic8.3% MSCI Islamic M-Series66.0% FTSE Shariah8.3% |
| FIRST CITIZENS BANCSHARES INC | UNSCREENED | 3.21% | no in-house ratios for this holding |
| HBAN HUNTINGTON BANCSHARES INC | NON_COMPLIANT | 3.20% | AAOIFI68.2% Usmani8.2% Dow Jones Islamic90.2% S&P Shariah102.6% MSCI Islamic8.2% MSCI Islamic M-Series102.6% FTSE Shariah8.2% |
| FITB FIFTH THIRD BANCORP | NON_COMPLIANT | 3.19% | AAOIFI45.0% Usmani7.4% Dow Jones Islamic67.1% S&P Shariah76.4% MSCI Islamic7.4% MSCI Islamic M-Series76.4% FTSE Shariah7.4% |
| KEY KEYCORP | NON_COMPLIANT | 2.79% | AAOIFI47.1% Usmani5.7% Dow Jones Islamic56.9% S&P Shariah65.9% MSCI Islamic5.7% MSCI Islamic M-Series65.9% FTSE Shariah5.7% |
| RF REGIONS FINANCIAL CORP | NON_COMPLIANT | 2.69% | AAOIFI29.4% Usmani4.7% Dow Jones Islamic35.1% S&P Shariah38.7% MSCI Islamic4.7% MSCI Islamic M-Series38.7% FTSE Shariah4.7% |
| EWBC EAST WEST BANCORP INC | NON_COMPLIANT | 1.47% | AAOIFI44.9% Usmani9.5% Dow Jones Islamic56.5% S&P Shariah64.1% MSCI Islamic9.5% MSCI Islamic M-Series64.1% FTSE Shariah9.5% |
| WBS WEBSTER FINANCIAL CORP | NON_COMPLIANT | 1.37% | AAOIFI5.9% Usmani0.9% Dow Jones Islamicfail S&P Shariahfail MSCI Islamic0.9% MSCI Islamic M-Seriesfail FTSE Shariah0.9% |
| OLD NATIONAL BANCORP | UNSCREENED | 1.30% | no in-house ratios for this holding |
| SSB SOUTHSTATE BANK CORP | NON_COMPLIANT | 1.29% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| FHN FIRST HORIZON CORP | NON_COMPLIANT | 1.29% | AAOIFI187.6% Usmani26.2% Dow Jones Islamic208.5% S&P Shariah233.7% MSCI Islamic26.2% MSCI Islamic M-Series233.7% FTSE Shariah26.2% |
| UMBF UMB FINANCIAL CORP | NON_COMPLIANT | 1.28% | AAOIFI5.5% Usmani0.8% Dow Jones Islamic7.5% S&P Shariah9.1% MSCI Islamic0.8% MSCI Islamic M-Series9.1% FTSE Shariah0.8% |
| VLY VALLEY NATIONAL BANCORP | NON_COMPLIANT | 1.22% | AAOIFI41.6% Usmani5.0% Dow Jones Islamic57.4% S&P Shariah64.9% MSCI Islamic5.0% MSCI Islamic M-Series64.9% FTSE Shariah5.0% |
| ZIONS BANCORP NA | UNSCREENED | 1.21% | no in-house ratios for this holding |
| PB PROSPERITY BANCSHARES INC | NON_COMPLIANT | 1.11% | AAOIFI24.6% Usmani4.9% Dow Jones Islamic31.8% S&P Shariah34.1% MSCI Islamic4.9% MSCI Islamic M-Series34.1% FTSE Shariah4.9% |
| WTFC WINTRUST FINANCIAL CORP | NON_COMPLIANT | 1.07% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| F.N.B. CORP (PENNSYLVANIA) | UNSCREENED | 1.07% | no in-house ratios for this holding |
| BPOP POPULAR INC | NON_COMPLIANT | 1.06% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| WESTERN ALLIANCE BANCORP | UNSCREENED | 1.06% | no in-house ratios for this holding |
| BOKF BOK FINANCIAL CORP | NON_COMPLIANT | 0.92% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| OZK BANK OZK | NON_COMPLIANT | 0.91% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| UNITED BANKSHARES INC | UNSCREENED | 0.86% | no in-house ratios for this holding |
| ASB ASSOCIATED BANC-CORP | NON_COMPLIANT | 0.78% | AAOIFI97.1% Usmani11.0% Dow Jones Islamic139.7% S&P Shariah156.7% MSCI Islamic11.0% MSCI Islamic M-Series156.7% FTSE Shariah11.0% |
| HWC HANCOCK WHITNEY CORP | NON_COMPLIANT | 0.71% | AAOIFI81.9% Usmani13.7% Dow Jones Islamic99.7% S&P Shariah110.5% MSCI Islamic13.7% MSCI Islamic M-Series110.5% FTSE Shariah13.7% |
| CFR CULLEN/FROST BANKERS INC | NON_COMPLIANT | 0.70% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| ABCB AMERIS BANCORP | NON_COMPLIANT | 0.67% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| HOMB HOME BANCSHARES INC | NON_COMPLIANT | 0.63% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| COMMERCE BANCSHARES INC (MO) | UNSCREENED | 0.60% | no in-house ratios for this holding |
| CATY CATHAY GENERAL BANCORP | NON_COMPLIANT | 0.56% | AAOIFI34.2% Usmani5.8% Dow Jones Islamic43.1% S&P Shariah46.5% MSCI Islamic5.8% MSCI Islamic M-Series46.5% FTSE Shariah5.8% |
| FIRST BANCORP (PUERTO RICO) | UNSCREENED | 0.55% | no in-house ratios for this holding |
| FULT FULTON FINANCIAL CORP | NON_COMPLIANT | 0.55% | AAOIFI509.7% Usmani67.9% Dow Jones Islamic666.8% S&P Shariah744.2% MSCI Islamic67.9% MSCI Islamic M-Series744.2% FTSE Shariah67.9% |
| WSFS WSFS FINANCIAL CORP | NON_COMPLIANT | 0.54% | AAOIFI0.2% Usmani0.0% Dow Jones Islamic0.2% S&P Shariah0.2% MSCI Islamic0.0% MSCI Islamic M-Series0.2% FTSE Shariah0.0% |
| FIRST FINANCIAL BANCORP | UNSCREENED | 0.54% | no in-house ratios for this holding |
| FIBK FIRST INTERSTATE BANCSYSTEM INC | NON_COMPLIANT | 0.54% | AAOIFI4.1% Usmani0.6% Dow Jones Islamic4.6% S&P Shariah5.0% MSCI Islamic0.6% MSCI Islamic M-Series5.0% FTSE Shariah0.6% |
| IBOC INTERNATIONAL BANCSHARES CORP | NON_COMPLIANT | 0.52% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| TEXAS CAPITAL BANCSHARES INC | UNSCREENED | 0.51% | no in-house ratios for this holding |
| AX AXOS FINANCIAL INC | NON_COMPLIANT | 0.50% | AAOIFI23.3% Usmani4.3% Dow Jones Islamic28.2% S&P Shariah32.0% MSCI Islamic4.3% MSCI Islamic M-Series32.0% FTSE Shariah4.3% |
| PARK NATIONAL CORP | UNSCREENED | 0.50% | no in-house ratios for this holding |
| NIC NICOLET BANKSHARES INC | NON_COMPLIANT | 0.49% | AAOIFI2.6% Usmani0.6% Dow Jones Islamic4.3% S&P Shariah5.0% MSCI Islamic0.6% MSCI Islamic M-Series5.0% FTSE Shariah0.6% |
| TRMK TRUSTMARK CORP | NON_COMPLIANT | 0.48% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| SFBS SERVISFIRST BANCSHARES INC | NON_COMPLIANT | 0.48% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| BKU BANKUNITED INC | NON_COMPLIANT | 0.47% | AAOIFI9.7% Usmani0.9% Dow Jones Islamic10.8% S&P Shariah12.2% MSCI Islamic0.9% MSCI Islamic M-Series12.2% FTSE Shariah0.9% |
| DREYFUS GOVERNMENT CASH MANAGEMENT FUNDS | UNSCREENED | 0.08% | no in-house ratios for this holding |
All 7 published standards agree about this fund to within 0.0 points of portfolio weight.
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 0.0% ratios fail on 76.8% 23.1% not rated under AAOIFI
ratios pass on 0.0% ratios fail on 35.3% 64.6% not rated under Usmani
ratios pass on 0.0% ratios fail on 76.8% 23.1% not rated under Dow Jones Islamic
ratios pass on 0.0% ratios fail on 76.8% 23.1% not rated under S&P Shariah
ratios pass on 0.0% ratios fail on 35.3% 64.6% not rated under MSCI Islamic
ratios pass on 0.0% ratios fail on 76.8% 23.1% not rated under MSCI Islamic M-Series
ratios pass on 0.0% ratios fail on 35.3% 64.6% not rated under FTSE Shariah
37 of 51 listed holdings carry our own per-methodology verdicts (77% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 35 (75% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| C CITIGROUP INC | 8.98% |
| BAC BANK OF AMERICA CORP | 8.08% |
| WFC WELLS FARGO & COMPANY | 7.17% |
| TFC TRUIST FINANCIAL CORP | 7.14% |
| PNC PNC FINANCIAL SERVICES GROUP INC (THE) | 4.10% |
| CFG CITIZENS FINANCIAL GROUP INC | 3.96% |
| MTB M&T BANK CORP | 3.88% |
| HBAN HUNTINGTON BANCSHARES INC | 3.20% |
| FITB FIFTH THIRD BANCORP | 3.19% |
| KEY KEYCORP | 2.79% |
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.
First Trust Nasdaq Bank ETF (FTXO) 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 FTXO — 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) | 53.10 | NEUTRAL |
| Stochastic %K (14) | 91.51 | SELL |
| CCI (20) | 169.38 | SELL |
| Williams %R (14) | -8.49 | SELL |
| MACD (12,26,9) | 0.22 | BUY |
| ROC (10) | 2.35 | BUY |
| Momentum (10) | 0.91 | BUY |
| EMA (10) | 39.10 | BUY |
| SMA (10) | 38.90 | BUY |
| EMA (20) | 39.20 | BUY |
| SMA (20) | 38.86 | BUY |
| EMA (30) | 39.49 | BUY |
| SMA (30) | 39.34 | BUY |
| EMA (50) | 39.93 | SELL |
| SMA (50) | 40.40 | SELL |
| EMA (100) | 40.05 | SELL |
| SMA (100) | 40.93 | SELL |
| EMA (200) | 38.89 | BUY |
| SMA (200) | 39.20 | BUY |
About First Trust Nasdaq Bank ETF
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 banking sector that have been selected based upon their liquidity and ranking. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
Strong setup, well-confirmed
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 | BULLISH | 43 |
| ⏰ 4H | BULLISH | 26 |
| 🕐 1H | BULLISH | 98 |
| ⏱ 15-Min | BULLISH | 130 |
| ⏲ 5-Min | BULLISH | 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.