Verdicts genuinely change. Free email alert the moment FUTY'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 Utilities Index ETF ETF · FIDELITY COVINGTON TRUST
64 holdings · as of 2026-07-31 (2.5 months ago)
NON-COMPLIANT 92.21% of portfolio weight is in non-compliant holdings, over the 5% threshold.
64 holdings, 56 matched (98% of weight). Portfolio as of 2026-07-31, filed 2026-09-23. Source: SEC Form N-PORT.
0.88% of this portfolio’s income is non-permissible — weighted across holdings, computed over 85% of portfolio weight (49 of 64 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.
5.5% compliant 0.0% questionable 92.2% non-compliant 2.2% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| NEE NextEra Energy Inc | NON_COMPLIANT | 11.81% | AAOIFI55.9% Usmani44.2% Dow Jones Islamic61.0% S&P Shariah66.0% MSCI Islamic44.2% MSCI Islamic M-Series66.0% FTSE Shariah44.2% |
| SO Southern Co/The | NON_COMPLIANT | 6.95% | AAOIFI68.7% Usmani45.3% Dow Jones Islamic72.3% S&P Shariah78.7% MSCI Islamic44.8% MSCI Islamic M-Series78.7% FTSE Shariah43.8% |
| DUK Duke Energy Corp | NON_COMPLIANT | 6.36% | AAOIFI95.1% Usmani45.3% Dow Jones Islamic98.9% S&P Shariah107.5% MSCI Islamic45.0% MSCI Islamic M-Series107.5% FTSE Shariah44.4% |
| CEG Constellation Energy Corp | COMPLIANT | 5.27% | AAOIFI18.4% Usmani19.8% Dow Jones Islamic20.8% S&P Shariah24.7% MSCI Islamic19.8% MSCI Islamic M-Series24.7% FTSE Shariah19.8% |
| AEP American Electric Power Co Inc | NON_COMPLIANT | 4.53% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| D Dominion Energy Inc | NON_COMPLIANT | 3.96% | AAOIFI86.6% Usmani42.8% Dow Jones Islamic102.1% S&P Shariah112.1% MSCI Islamic42.3% MSCI Islamic M-Series112.1% FTSE Shariah41.7% |
| SRE Sempra | NON_COMPLIANT | 3.77% | AAOIFI65.2% Usmani32.7% Dow Jones Islamic66.4% S&P Shariah71.2% MSCI Islamic31.6% MSCI Islamic M-Series71.2% FTSE Shariah30.4% |
| VST Vistra Corp | NON_COMPLIANT | 3.27% | AAOIFI39.4% Usmani46.0% Dow Jones Islamic36.7% S&P Shariah46.3% MSCI Islamic46.0% MSCI Islamic M-Series46.3% FTSE Shariah46.0% |
| ETR Entergy Corp | NON_COMPLIANT | 3.21% | AAOIFI65.8% Usmani43.6% Dow Jones Islamic83.2% S&P Shariah99.2% MSCI Islamic43.5% MSCI Islamic M-Series99.2% FTSE Shariah43.1% |
| XEL Xcel Energy Inc | NON_COMPLIANT | 3.18% | AAOIFI82.6% Usmani47.8% Dow Jones Islamic94.9% S&P Shariah105.9% MSCI Islamic46.3% MSCI Islamic M-Series105.9% FTSE Shariah45.3% |
| EXC Exelon Corp | NON_COMPLIANT | 3.05% | AAOIFI109.9% Usmani42.1% Dow Jones Islamic115.7% S&P Shariah124.5% MSCI Islamic42.1% MSCI Islamic M-Series124.5% FTSE Shariah42.1% |
| ED Consolidated Edison Inc | NON_COMPLIANT | 2.61% | AAOIFI65.9% Usmani35.2% Dow Jones Islamic73.6% S&P Shariah78.5% MSCI Islamic35.2% MSCI Islamic M-Series78.5% FTSE Shariah34.5% |
| PCG PG&E Corp | NON_COMPLIANT | 2.49% | AAOIFI201.1% Usmani43.7% Dow Jones Islamic141.7% S&P Shariah142.1% MSCI Islamic43.7% MSCI Islamic M-Series142.1% FTSE Shariah43.3% |
| PEG Public Service Enterprise Group Inc | NON_COMPLIANT | 2.49% | AAOIFI64.6% Usmani40.3% Dow Jones Islamic59.5% S&P Shariah64.4% MSCI Islamic40.3% MSCI Islamic M-Series64.4% FTSE Shariah40.1% |
| WEC WEC Energy Group Inc | NON_COMPLIANT | 2.32% | AAOIFI57.5% Usmani39.9% Dow Jones Islamic61.9% S&P Shariah68.5% MSCI Islamic39.1% MSCI Islamic M-Series68.5% FTSE Shariah39.1% |
| AEE Ameren Corp | NON_COMPLIANT | 1.98% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| DTE DTE Energy Co | NON_COMPLIANT | 1.92% | AAOIFI90.3% Usmani46.4% Dow Jones Islamic93.7% S&P Shariah101.8% MSCI Islamic46.4% MSCI Islamic M-Series101.8% FTSE Shariah45.9% |
| ATO Atmos Energy Corp | NON_COMPLIANT | 1.86% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| EIX Edison International | NON_COMPLIANT | 1.84% | AAOIFI189.8% Usmani43.9% Dow Jones Islamic173.1% S&P Shariah173.0% MSCI Islamic43.9% MSCI Islamic M-Series173.0% FTSE Shariah42.7% |
| CNP CenterPoint Energy Inc | NON_COMPLIANT | 1.79% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| NRG NRG Energy Inc | NON_COMPLIANT | 1.78% | AAOIFI85.9% Usmani53.8% Dow Jones Islamic81.4% S&P Shariah98.7% MSCI Islamic53.8% MSCI Islamic M-Series98.7% FTSE Shariah53.3% |
| ES Eversource Energy | NON_COMPLIANT | 1.75% | AAOIFI108.8% Usmani45.9% Dow Jones Islamic122.9% S&P Shariah132.3% MSCI Islamic45.9% MSCI Islamic M-Series132.3% FTSE Shariah45.9% |
| FE FirstEnergy Corp | NON_COMPLIANT | 1.73% | AAOIFI101.8% Usmani48.1% Dow Jones Islamic111.3% S&P Shariah119.2% MSCI Islamic48.0% MSCI Islamic M-Series119.2% FTSE Shariah47.5% |
| PPL PPL Corp | NON_COMPLIANT | 1.73% | AAOIFI77.2% Usmani43.2% Dow Jones Islamic78.6% S&P Shariah86.6% MSCI Islamic43.2% MSCI Islamic M-Series86.6% FTSE Shariah43.2% |
| AWK American Water Works Co Inc | NON_COMPLIANT | 1.71% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| CMS CMS Energy Corp | NON_COMPLIANT | 1.44% | AAOIFI89.2% Usmani47.2% Dow Jones Islamic90.3% S&P Shariah98.1% MSCI Islamic46.5% MSCI Islamic M-Series98.1% FTSE Shariah46.5% |
| NI NiSource Inc | NON_COMPLIANT | 1.39% | AAOIFI82.1% Usmani43.4% Dow Jones Islamic85.6% S&P Shariah99.5% MSCI Islamic43.4% MSCI Islamic M-Series99.5% FTSE Shariah43.4% |
| EVRG Evergy Inc | NON_COMPLIANT | 1.25% | AAOIFI72.2% Usmani39.7% Dow Jones Islamic84.2% S&P Shariah94.4% MSCI Islamic39.4% MSCI Islamic M-Series94.4% FTSE Shariah39.2% |
| LNT Alliant Energy Corp | NON_COMPLIANT | 1.19% | AAOIFI62.6% Usmani45.2% Dow Jones Islamic67.4% S&P Shariah74.1% MSCI Islamic44.4% MSCI Islamic M-Series74.1% FTSE Shariah44.4% |
| TLN Talen Energy Corp | NON_COMPLIANT | 0.89% | AAOIFI61.3% Usmani63.5% Dow Jones Islamic68.1% S&P Shariah74.8% MSCI Islamic63.5% MSCI Islamic M-Series74.8% FTSE Shariah63.5% |
| PNW Pinnacle West Capital Corp | NON_COMPLIANT | 0.80% | AAOIFI132.7% Usmani48.2% Dow Jones Islamic147.1% S&P Shariah162.0% MSCI Islamic48.2% MSCI Islamic M-Series162.0% FTSE Shariah32.4% |
| WTRG Essential Utilities Inc | NON_COMPLIANT | 0.70% | AAOIFI74.1% Usmani42.5% Dow Jones Islamic81.4% S&P Shariah84.9% MSCI Islamic42.5% MSCI Islamic M-Series84.9% FTSE Shariah42.4% |
| AES AES Corp/The | NON_COMPLIANT | 0.68% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| OGE OGE Energy Corp | NON_COMPLIANT | 0.64% | AAOIFI55.4% Usmani37.1% Dow Jones Islamic61.2% S&P Shariah67.4% MSCI Islamic37.1% MSCI Islamic M-Series67.4% FTSE Shariah37.1% |
| IDA IDACORP Inc | NON_COMPLIANT | 0.52% | AAOIFI43.9% Usmani33.8% Dow Jones Islamic52.0% S&P Shariah58.2% MSCI Islamic33.7% MSCI Islamic M-Series58.2% FTSE Shariah33.7% |
| UGI Corp | UNSCREENED | 0.51% | no in-house ratios for this holding |
| NFG National Fuel Gas Co | NON_COMPLIANT | 0.48% | AAOIFI44.7% Usmani34.1% Dow Jones Islamic50.5% S&P Shariah57.4% MSCI Islamic34.1% MSCI Islamic M-Series57.4% FTSE Shariah34.1% |
| ORA Ormat Technologies Inc | NON_COMPLIANT | 0.39% | AAOIFI18.2% Usmani17.9% Dow Jones Islamic21.1% S&P Shariah23.3% MSCI Islamic17.8% MSCI Islamic M-Series23.3% FTSE Shariah17.2% |
| NJR New Jersey Resources Corp | NON_COMPLIANT | 0.38% | AAOIFI66.4% Usmani45.0% Dow Jones Islamic74.8% S&P Shariah80.1% MSCI Islamic44.8% MSCI Islamic M-Series80.1% FTSE Shariah42.6% |
| Portland General Electric Co | UNSCREENED | 0.37% | no in-house ratios for this holding |
| TXNM TXNM Energy Inc | NON_COMPLIANT | 0.37% | AAOIFI85.5% Usmani45.0% Dow Jones Islamic101.3% S&P Shariah117.1% MSCI Islamic45.0% MSCI Islamic M-Series117.1% FTSE Shariah44.6% |
| Oklo Inc | UNSCREENED | 0.36% | no in-house ratios for this holding |
| SWX Southwest Gas Holdings Inc | NON_COMPLIANT | 0.36% | AAOIFI55.0% Usmani33.5% Dow Jones Islamic62.9% S&P Shariah67.5% MSCI Islamic33.5% MSCI Islamic M-Series67.5% FTSE Shariah33.5% |
| Black Hills Corp | UNSCREENED | 0.35% | no in-house ratios for this holding |
| OGS ONE Gas Inc | NON_COMPLIANT | 0.32% | AAOIFI51.6% Usmani29.4% Dow Jones Islamic57.7% S&P Shariah63.4% MSCI Islamic29.4% MSCI Islamic M-Series63.4% FTSE Shariah29.4% |
| SR Spire Inc | NON_COMPLIANT | 0.31% | AAOIFI156.5% Usmani52.6% Dow Jones Islamic173.6% S&P Shariah194.4% MSCI Islamic52.6% MSCI Islamic M-Series194.4% FTSE Shariah52.6% |
| NWE Northwestern Energy Group Inc | NON_COMPLIANT | 0.28% | AAOIFI80.1% Usmani40.2% Dow Jones Islamic97.3% S&P Shariah105.7% MSCI Islamic40.1% MSCI Islamic M-Series105.7% FTSE Shariah40.1% |
| MDU MDU Resources Group Inc | NON_COMPLIANT | 0.25% | AAOIFI62.6% Usmani33.4% Dow Jones Islamic59.6% S&P Shariah60.0% MSCI Islamic33.4% MSCI Islamic M-Series60.0% FTSE Shariah33.4% |
| CWEN Clearway Energy Inc | NON_COMPLIANT | 0.24% | AAOIFI151.8% Usmani59.0% Dow Jones Islamic159.3% S&P Shariah176.9% MSCI Islamic59.0% MSCI Islamic M-Series176.9% FTSE Shariah54.0% |
| AWR American States Water Co | COMPLIANT | 0.22% | AAOIFI22.1% Usmani26.1% Dow Jones Islamic24.7% S&P Shariah25.5% MSCI Islamic26.1% MSCI Islamic M-Series25.5% FTSE Shariah25.9% |
| OTTR Otter Tail Corp | NON_COMPLIANT | 0.22% | AAOIFI32.2% Usmani28.2% Dow Jones Islamic36.0% S&P Shariah36.2% MSCI Islamic28.2% MSCI Islamic M-Series36.2% FTSE Shariah28.2% |
| Avista Corp | UNSCREENED | 0.22% | no in-house ratios for this holding |
| State Street Global Advisors | UNSCREENED | 0.21% | no in-house ratios for this holding |
| Chesapeake Utilities Corp | UNSCREENED | 0.21% | no in-house ratios for this holding |
| CWT California Water Service Group | NON_COMPLIANT | 0.19% | AAOIFI47.6% Usmani24.7% Dow Jones Islamic53.9% S&P Shariah54.3% MSCI Islamic24.7% MSCI Islamic M-Series54.3% FTSE Shariah24.7% |
| MGEE MGE Energy Inc | NON_COMPLIANT | 0.19% | AAOIFI31.1% Usmani29.1% Dow Jones Islamic29.9% S&P Shariah31.5% MSCI Islamic28.5% MSCI Islamic M-Series31.5% FTSE Shariah28.3% |
| HTO H2O America | NON_COMPLIANT | 0.15% | AAOIFI69.6% Usmani35.0% Dow Jones Islamic99.4% S&P Shariah101.6% MSCI Islamic35.0% MSCI Islamic M-Series101.6% FTSE Shariah35.0% |
| HE Hawaiian Electric Industries Inc | NON_COMPLIANT | 0.15% | AAOIFI120.1% Usmani33.3% Dow Jones Islamic115.4% S&P Shariah129.3% MSCI Islamic27.4% MSCI Islamic M-Series129.3% FTSE Shariah27.0% |
| NWN Northwest Natural Holding Co | NON_COMPLIANT | 0.13% | AAOIFI124.6% Usmani40.1% Dow Jones Islamic146.2% S&P Shariah161.6% MSCI Islamic40.1% MSCI Islamic M-Series161.6% FTSE Shariah38.8% |
| MSEX Middlesex Water Co | NON_COMPLIANT | 0.07% | AAOIFI36.9% Usmani28.4% Dow Jones Islamic40.9% S&P Shariah40.9% MSCI Islamic28.4% MSCI Islamic M-Series40.9% FTSE Shariah28.3% |
| XIFR XPLR Infrastructure LP | NON_COMPLIANT | 0.07% | AAOIFI570.1% Usmani32.4% Dow Jones Islamic553.1% S&P Shariah399.7% MSCI Islamic32.4% MSCI Islamic M-Series399.7% FTSE Shariah32.4% |
| UTL Unitil Corp | NON_COMPLIANT | 0.06% | AAOIFI74.4% Usmani32.8% Dow Jones Islamic84.0% S&P Shariah87.7% MSCI Islamic32.8% MSCI Islamic M-Series87.7% FTSE Shariah32.5% |
| HNRG Hallador Energy Co | COMPLIANT | 0.03% | AAOIFI5.9% Usmani10.2% Dow Jones Islamic6.3% S&P Shariah7.8% MSCI Islamic9.3% MSCI Islamic M-Series7.8% FTSE Shariah9.2% |
| Chicago Mercantile Exchange | UNSCREENED | 0.00% | no in-house ratios for this holding |
The published standards disagree about this fund by 6 points of portfolio weight — 12.2% of it passes FTSE Shariah, 6.6% passes AAOIFI. 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 6.6% ratios fail on 85.8% 7.6% not rated under AAOIFI
ratios pass on 11.3% ratios fail on 80.9% 7.8% not rated under Usmani
ratios pass on 6.6% ratios fail on 85.6% 7.8% not rated under Dow Jones Islamic
ratios pass on 6.6% ratios fail on 85.6% 7.8% not rated under S&P Shariah
ratios pass on 11.4% ratios fail on 80.7% 7.8% not rated under MSCI Islamic
ratios pass on 6.6% ratios fail on 85.6% 7.8% not rated under MSCI Islamic M-Series
ratios pass on 12.2% ratios fail on 79.9% 7.8% not rated under FTSE Shariah
56 of 64 listed holdings carry our own per-methodology verdicts (98% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 50 (85% 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.
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.
Fidelity MSCI Utilities Index ETF (FUTY) 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 FUTY — 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) | 60.50 | NEUTRAL |
| Stochastic %K (14) | 97.32 | SELL |
| CCI (20) | 117.81 | SELL |
| Williams %R (14) | -2.68 | SELL |
| MACD (12,26,9) | 0.38 | BUY |
| ROC (10) | 5.47 | BUY |
| Momentum (10) | 2.82 | BUY |
| EMA (10) | 53.45 | BUY |
| SMA (10) | 53.43 | BUY |
| EMA (20) | 53.20 | BUY |
| SMA (20) | 52.45 | BUY |
| EMA (30) | 53.38 | BUY |
| SMA (30) | 52.99 | BUY |
| EMA (50) | 53.99 | BUY |
| SMA (50) | 54.04 | BUY |
| EMA (100) | 55.06 | SELL |
| SMA (100) | 55.71 | SELL |
| EMA (200) | 55.69 | SELL |
| SMA (200) | 56.52 | SELL |
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 Utilities 25/50 Index, which represents the performance of the utilities sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Utilities 25/50 Index. The fund is non-diversified.
Background via Yahoo Finance — informational, not part of the verdict.
No real edge — avoid
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 | RANGING | 44 |
| ⏰ 4H | BULLISH | 37 |
| 🕐 1H | BULLISH | 98 |
| ⏱ 15-Min | RANGING | 130 |
| ⏲ 5-Min | BEARISH | 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.