Verdicts genuinely change. Free email alert the moment GHMS'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.
Goose Hollow Multi-Strategy Income ETF · Collaborative Investment Series Trust
28 holdings
NON-COMPLIANT At least 25.72% of portfolio weight is in non-compliant holdings — already over the 5% threshold, so the verdict is settled whatever the unmatched 70% turns out to be. Matching more holdings can only raise this share, never lower it.
15.09% of that is conventional interest-bearing debt, identified from the fund's own filing rather than by screening an issuer. Sukuk are deliberately excluded from this test and are never counted here.
28 holdings, 11 matched (27% of weight). Portfolio as of 2025-09-30, filed 2025-11-26. Source: SEC Form N-PORT.
9.23% of this portfolio’s income is non-permissible — weighted across holdings, computed over 9% of portfolio weight (7 of 28 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.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| PIMCO 25+ Year Zero Coupon US Treasury Index ETF | NON_COMPLIANT | 15.09% | no in-house ratios for this holding |
| SPDR FTSE Intl Govt Inflation-Protected Bond ETF | UNSCREENED | 13.79% | no in-house ratios for this holding |
| Vanguard Total International Bond Index Fund | UNSCREENED | 8.62% | no in-house ratios for this holding |
| Vanguard Mortgage-Backed Secs Idx Fund | UNSCREENED | 7.15% | no in-house ratios for this holding |
| MORGAN STANLEY EMERGING MARKETS DOMESTIC DEBT FUND, INC. | UNSCREENED | 6.97% | no in-house ratios for this holding |
| VanEck JP Morgan EM Local Currency Bond ETF | UNSCREENED | 6.63% | no in-house ratios for this holding |
| ABRDN ASIA-PACIFIC INCOME FUND, INC. | UNSCREENED | 4.40% | no in-house ratios for this holding |
| ARMOUR RESIDENTIAL REIT, INC. | UNSCREENED | 3.15% | no in-house ratios for this holding |
| Virtus Stone Harbor Emerging Markets Income Fund | UNSCREENED | 2.82% | no in-house ratios for this holding |
| Templeton Emerging Markets Income Fund | UNSCREENED | 2.63% | no in-house ratios for this holding |
| BondBloxx JP Morgan USD Emerging Mkts 1-10 Yr ETF | UNSCREENED | 2.44% | no in-house ratios for this holding |
| RITM RITHM CAPITAL CORP. | NON_COMPLIANT | 1.93% | AAOIFI532.0% Usmani55.3% Dow Jones Islamic565.3% S&P Shariah611.2% MSCI Islamic55.3% MSCI Islamic M-Series611.2% FTSE Shariah55.3% |
| AGNC INVESTMENT CORP. | UNSCREENED | 1.90% | no in-house ratios for this holding |
| BondBloxx Bloomberg 6 Mo Tgt Duration US Trsy ETF | UNSCREENED | 1.82% | no in-house ratios for this holding |
| Western Asset Emerging Markets Debt Fund Inc | UNSCREENED | 1.80% | no in-house ratios for this holding |
| ANNALY CAPITAL MANAGEMENT, INC. | UNSCREENED | 1.69% | no in-house ratios for this holding |
| PSA PUBLIC STORAGE. | NON_COMPLIANT | 1.39% | AAOIFI18.1% Usmani50.6% Dow Jones Islamic19.9% S&P Shariah20.7% MSCI Islamic50.6% MSCI Islamic M-Series20.7% FTSE Shariah50.6% |
| Brandywineglobal Global Income Opportunities Fund Inc | UNSCREENED | 1.36% | no in-house ratios for this holding |
| PSA PUBLIC STORAGE. | NON_COMPLIANT | 1.30% | AAOIFI18.1% Usmani50.6% Dow Jones Islamic19.9% S&P Shariah20.7% MSCI Islamic50.6% MSCI Islamic M-Series20.7% FTSE Shariah50.6% |
| AGNC INVESTMENT CORP. | UNSCREENED | 1.24% | no in-house ratios for this holding |
| RITM RITHM CAPITAL CORP. | NON_COMPLIANT | 1.22% | AAOIFI532.0% Usmani55.3% Dow Jones Islamic565.3% S&P Shariah611.2% MSCI Islamic55.3% MSCI Islamic M-Series611.2% FTSE Shariah55.3% |
| AGNC INVESTMENT CORP. | UNSCREENED | 1.17% | no in-house ratios for this holding |
| AVB AVALONBAY COMMUNITIES, INC. | NON_COMPLIANT | 1.16% | AAOIFIfail Usmanifail Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariahfail |
| PEB PEBBLEBROOK HOTEL TRUST | NON_COMPLIANT | 1.03% | AAOIFI102.3% Usmani39.4% Dow Jones Islamic141.2% S&P Shariah134.2% MSCI Islamic39.4% MSCI Islamic M-Series134.2% FTSE Shariah39.4% |
| BXP BXP, INC. | NON_COMPLIANT | 0.90% | AAOIFI9.3% Usmani3.9% Dow Jones Islamic9.6% S&P Shariah9.9% MSCI Islamic3.9% MSCI Islamic M-Series9.9% FTSE Shariah3.9% |
| PK PARK HOTELS & RESORTS INC. | NON_COMPLIANT | 0.67% | AAOIFI129.2% Usmani51.1% Dow Jones Islamic173.2% S&P Shariah168.4% MSCI Islamic51.1% MSCI Islamic M-Series168.4% FTSE Shariah51.1% |
| PMT PENNYMAC MORTGAGE INVESTMENT TRUST | NON_COMPLIANT | 0.64% | AAOIFI82.7% Usmani2.8% Dow Jones Islamic73.8% S&P Shariah75.6% MSCI Islamic2.8% MSCI Islamic M-Series75.6% FTSE Shariah2.8% |
| PMT PENNYMAC MORTGAGE INVESTMENT TRUST | NON_COMPLIANT | 0.38% | AAOIFI82.7% Usmani2.8% Dow Jones Islamic73.8% S&P Shariah75.6% MSCI Islamic2.8% MSCI Islamic M-Series75.6% FTSE Shariah2.8% |
The published standards disagree about this fund by 3 points of portfolio weight — 2.7% of it passes AAOIFI, 0.0% passes Usmani. 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 2.7% ratios fail on 7.0% 85.6% not rated under AAOIFI
ratios pass on 0.0% ratios fail on 8.7% 86.6% not rated under Usmani
ratios pass on 2.7% ratios fail on 5.9% 86.7% not rated under Dow Jones Islamic
ratios pass on 2.7% ratios fail on 5.9% 86.7% not rated under S&P Shariah
ratios pass on 0.0% ratios fail on 8.7% 86.6% not rated under MSCI Islamic
ratios pass on 2.7% ratios fail on 5.9% 86.7% not rated under MSCI Islamic M-Series
ratios pass on 0.0% ratios fail on 8.7% 86.6% not rated under FTSE Shariah
7 of 28 listed holdings carry our own per-methodology verdicts (11% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 6 (9% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| PIMCO 25+ Year Zero Coupon US Treasury Index ETF | 15.09% |
| RITM RITHM CAPITAL CORP. | 1.93% |
| PSA PUBLIC STORAGE. | 1.39% |
| PSA PUBLIC STORAGE. | 1.30% |
| RITM RITHM CAPITAL CORP. | 1.22% |
| AVB AVALONBAY COMMUNITIES, INC. | 1.16% |
| PEB PEBBLEBROOK HOTEL TRUST | 1.03% |
| BXP BXP, INC. | 0.90% |
| PK PARK HOTELS & RESORTS INC. | 0.67% |
| PMT PENNYMAC MORTGAGE INVESTMENT TRUST | 0.64% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
Goose Hollow Multi-Strategy Income ETF (GHMS) 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.
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| PIMCO 25+ Year Zero Coupon US Treasury Index ETFnot matched to a ticker | 15.09% | Non-compliant |
| SPDR FTSE Intl Govt Inflation-Protected Bond ETFnot matched to a ticker | 13.79% | Not screened |
| Vanguard Total International Bond Index Fundnot matched to a ticker | 8.62% | Not screened |
| Vanguard Mortgage-Backed Secs Idx Fundnot matched to a ticker | 7.15% | Not screened |
| MORGAN STANLEY EMERGING MARKETS DOMESTIC DEBT FUND, INC.not matched to a ticker | 6.97% | Not screened |
| VanEck JP Morgan EM Local Currency Bond ETFnot matched to a ticker | 6.63% | Not screened |
| ABRDN ASIA-PACIFIC INCOME FUND, INC.not matched to a ticker | 4.40% | Not screened |
| ARMOUR RESIDENTIAL REIT, INC.not matched to a ticker | 3.15% | Not screened |
| Virtus Stone Harbor Emerging Markets Income Fundnot matched to a ticker | 2.82% | Not screened |
| Templeton Emerging Markets Income Fundnot matched to a ticker | 2.63% | Not screened |
Top 10 of 28 holdings, 71.2% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for GHMS. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
Tracked since 2026-09-07.
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
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.
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.