Verdicts genuinely change. Free email alert the moment GMAYX'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.
GMO Small Cap Quality Fund · GMO TRUST
46 holdings
NON-COMPLIANT 11.52% of portfolio weight is in non-compliant holdings, over the 5% threshold.
46 holdings, 39 matched (86% of weight). Portfolio as of 2026-05-31, filed 2026-07-29. Source: SEC Form N-PORT.
0.39% of this portfolio’s income is non-permissible — weighted across holdings, computed over 63% of portfolio weight (31 of 46 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.
66.4% compliant 7.9% questionable 11.5% non-compliant 14.1% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| Aramark | UNSCREENED | 4.81% | no in-house ratios for this holding |
| PSMT PriceSmart Inc | QUESTIONABLE | 4.73% | AAOIFI6.0% Usmani12.8% Dow Jones Islamic8.6% S&P Shariah9.8% MSCI Islamic12.8% MSCI Islamic M-Series9.8% FTSE Shariah7.1% |
| CRUS Cirrus Logic Inc | COMPLIANT | 4.36% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| AAON AAON Inc | COMPLIANT | 3.83% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| BCPC Balchem Corp | COMPLIANT | 3.59% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| GMED Globus Medical Inc | COMPLIANT | 3.54% | AAOIFI1.1% Usmani2.0% Dow Jones Islamic1.1% S&P Shariah1.2% MSCI Islamic2.0% MSCI Islamic M-Series1.2% FTSE Shariah0.0% |
| CLH Clean Harbors Inc | COMPLIANT | 3.44% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| OLLI Ollie's Bargain Outlet Holdings Inc | COMPLIANT | 3.25% | AAOIFI16.0% Usmani24.0% Dow Jones Islamic11.3% S&P Shariah12.2% MSCI Islamic24.0% MSCI Islamic M-Series12.2% FTSE Shariah0.1% |
| NYT New York Times Co/The | QUESTIONABLE | 3.22% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| ATR AptarGroup Inc | COMPLIANT | 3.20% | AAOIFI17.2% Usmani26.9% Dow Jones Islamic15.2% S&P Shariah15.4% MSCI Islamic26.9% MSCI Islamic M-Series15.4% FTSE Shariah26.0% |
| ONTO Onto Innovation Inc | UNRATED | 3.20% | AAOIFI11.2% Usmani39.8% Dow Jones Islamic16.3% S&P Shariah16.7% MSCI Islamic39.8% MSCI Islamic M-Series16.7% FTSE Shariah39.8% |
| TREX Trex Co Inc | COMPLIANT | 3.03% | AAOIFI1.1% Usmani3.1% Dow Jones Islamic0.9% S&P Shariah0.8% MSCI Islamic3.1% MSCI Islamic M-Series0.8% FTSE Shariah0.0% |
| FCN FTI Consulting Inc | NON_COMPLIANT | 2.85% | AAOIFI30.3% Usmani35.9% Dow Jones Islamic22.2% S&P Shariah20.2% MSCI Islamic35.9% MSCI Islamic M-Series20.2% FTSE Shariah28.8% |
| JKHY Jack Henry & Associates Inc | COMPLIANT | 2.79% | AAOIFI1.1% Usmani4.1% Dow Jones Islamic1.1% S&P Shariah1.1% MSCI Islamic4.1% MSCI Islamic M-Series1.1% FTSE Shariah2.9% |
| BMI Badger Meter Inc | COMPLIANT | 2.72% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Cohen & Steers Inc | UNSCREENED | 2.69% | no in-house ratios for this holding |
| KAI Kadant Inc | COMPLIANT | 2.68% | AAOIFI14.5% Usmani27.0% Dow Jones Islamic13.4% S&P Shariah14.1% MSCI Islamic27.0% MSCI Islamic M-Series14.1% FTSE Shariah27.0% |
| GMO US Treasury Fund | UNSCREENED | 2.55% | no in-house ratios for this holding |
| HLI Houlihan Lokey Inc | NON_COMPLIANT | 2.54% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| DLB Dolby Laboratories Inc | COMPLIANT | 2.42% | AAOIFI0.8% Usmani1.5% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.5% MSCI Islamic M-Series0.7% FTSE Shariah0.0% |
| VECO Veeco Instruments Inc | COMPLIANT | 2.36% | AAOIFI8.3% Usmani18.5% Dow Jones Islamic13.4% S&P Shariah13.5% MSCI Islamic18.5% MSCI Islamic M-Series13.5% FTSE Shariah16.0% |
| WHD Cactus Inc | COMPLIANT | 2.34% | AAOIFI0.8% Usmani2.2% Dow Jones Islamic0.9% S&P Shariah1.0% MSCI Islamic1.5% MSCI Islamic M-Series1.0% FTSE Shariah0.0% |
| MZTI Marzetti Company/The | COMPLIANT | 2.34% | AAOIFI8.5% Usmani15.8% Dow Jones Islamic5.6% S&P Shariah5.4% MSCI Islamic15.2% MSCI Islamic M-Series5.4% FTSE Shariah12.4% |
| COKE Coca-Cola Consolidated Inc | COMPLIANT | 2.21% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| Booz Allen Hamilton Holding Corp | UNSCREENED | 2.16% | no in-house ratios for this holding |
| ACLS Axcelis Technologies Inc | COMPLIANT | 1.93% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamicfail MSCI Islamic M-Series— FTSE Shariah— |
| GOLF Acushnet Holdings Corp | COMPLIANT | 1.81% | AAOIFI18.5% Usmani36.4% Dow Jones Islamic20.0% S&P Shariah21.2% MSCI Islamic36.4% MSCI Islamic M-Series21.2% FTSE Shariah36.4% |
| BRKR Bruker Corp | COMPLIANT | 1.78% | AAOIFI18.9% Usmani30.1% Dow Jones Islamic25.7% S&P Shariah22.6% MSCI Islamic30.1% MSCI Islamic M-Series22.6% FTSE Shariah30.1% |
| ALLE Allegion plc | COMPLIANT | 1.75% | AAOIFI17.0% Usmani41.5% Dow Jones Islamic17.5% S&P Shariah18.7% MSCI Islamic41.5% MSCI Islamic M-Series18.7% FTSE Shariah37.9% |
| STEP StepStone Group Inc | NON_COMPLIANT | 1.66% | AAOIFI22.8% Usmani18.0% Dow Jones Islamic21.2% S&P Shariah24.3% MSCI Islamic18.0% MSCI Islamic M-Series24.3% FTSE Shariah18.0% |
| MEDP Medpace Holdings Inc | COMPLIANT | 1.61% | AAOIFIpass Usmani— Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariah— |
| RBC RBC Bearings Inc | COMPLIANT | 1.55% | AAOIFI5.6% Usmani17.7% Dow Jones Islamic6.5% S&P Shariah7.6% MSCI Islamic16.8% MSCI Islamic M-Series7.6% FTSE Shariah15.5% |
| OLED Universal Display Corp | NON_COMPLIANT | 1.50% | AAOIFI0.6% Usmani2.0% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic1.1% MSCI Islamic M-Series0.3% FTSE Shariah0.0% |
| CELH Celsius Holdings Inc | NON_COMPLIANT | 1.29% | AAOIFI9.0% Usmani13.1% Dow Jones Islamic7.0% S&P Shariah6.0% MSCI Islamic13.1% MSCI Islamic M-Series6.0% FTSE Shariah13.1% |
| XPEL XPEL Inc | COMPLIANT | 1.12% | AAOIFI4.6% Usmani13.4% Dow Jones Islamic5.6% S&P Shariah5.2% MSCI Islamic13.4% MSCI Islamic M-Series5.2% FTSE Shariah9.5% |
| ENTG Entegris Inc | COMPLIANT | 1.02% | AAOIFI16.5% Usmani42.3% Dow Jones Islamic22.1% S&P Shariah21.4% MSCI Islamic42.1% MSCI Islamic M-Series21.4% FTSE Shariah41.1% |
| LSTR Landstar System Inc | COMPLIANT | 0.98% | AAOIFI0.0% Usmani4.4% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| Builders FirstSource Inc | UNSCREENED | 0.96% | no in-house ratios for this holding |
| ITRI Itron Inc | NON_COMPLIANT | 0.84% | AAOIFI38.7% Usmani41.0% Dow Jones Islamic34.3% S&P Shariah36.7% MSCI Islamic41.0% MSCI Islamic M-Series36.7% FTSE Shariah40.3% |
| MBUU Malibu Boats Inc | NON_COMPLIANT | 0.78% | AAOIFI33.8% Usmani17.7% Dow Jones Islamic28.1% S&P Shariah25.4% MSCI Islamic17.7% MSCI Islamic M-Series25.4% FTSE Shariah16.6% |
| ACV Auctions Inc | UNSCREENED | 0.73% | no in-house ratios for this holding |
| USLM United States Lime & Minerals Inc | COMPLIANT | 0.68% | AAOIFI0.1% Usmani0.4% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.4% MSCI Islamic M-Series0.1% FTSE Shariah0.0% |
| PLPC Preformed Line Products Co | COMPLIANT | 0.46% | AAOIFI2.5% Usmani7.1% Dow Jones Islamic4.7% S&P Shariah5.4% MSCI Islamic7.1% MSCI Islamic M-Series5.4% FTSE Shariah5.9% |
| CRVL CorVel Corp | COMPLIANT | 0.44% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| State Street Global Advisors | UNSCREENED | 0.25% | no in-house ratios for this holding |
| ARXS Arxis Inc | NON_COMPLIANT | 0.05% | AAOIFI8.3% Usmani25.5% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic25.5% MSCI Islamic M-Seriespass FTSE Shariah24.5% |
The published standards disagree about this fund by 14 points of portfolio weight — 55.1% of it passes Dow Jones Islamic, 41.1% 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 54.6% ratios fail on 7.0% 38.4% not rated under AAOIFI
ratios pass on 42.7% ratios fail on 12.5% 44.9% not rated under Usmani
ratios pass on 55.1% ratios fail on 3.4% 41.6% not rated under Dow Jones Islamic
ratios pass on 55.1% ratios fail on 3.4% 41.6% not rated under S&P Shariah
ratios pass on 41.1% ratios fail on 18.4% 40.6% not rated under MSCI Islamic
ratios pass on 55.1% ratios fail on 3.4% 41.6% not rated under MSCI Islamic M-Series
ratios pass on 44.0% ratios fail on 9.6% 46.4% not rated under FTSE Shariah
39 of 46 listed holdings carry our own per-methodology verdicts (86% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 30 (62% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
GMO Small Cap Quality Fund (GMAYX) 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 |
|---|---|---|
| Aramarknot matched to a ticker | 4.81% | Not screened |
| PSMTPriceSmart Inc | 4.73% | Questionable |
| CRUSCirrus Logic Inc | 4.36% | Compliant |
| AAONAAON Inc | 3.83% | Compliant |
| BCPCBalchem Corp | 3.59% | Compliant |
| GMEDGlobus Medical Inc | 3.54% | Compliant |
| CLHClean Harbors Inc | 3.44% | Compliant |
| OLLIOllie's Bargain Outlet Holdings Inc | 3.25% | Compliant |
| NYTNew York Times Co/The | 3.22% | Questionable |
| ATRAptarGroup Inc | 3.20% | Compliant |
Top 10 of 46 holdings, 38.0% 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 GMAYX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
ℹ️ no compliance scan has run for 3 days - this is not a reading of today
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.
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) | 40.90 | NEUTRAL |
| Stochastic %K (14) | 15.91 | BUY |
| CCI (20) | -80.58 | NEUTRAL |
| Williams %R (14) | -84.09 | BUY |
| MACD (12,26,9) | 0.03 | BUY |
| ROC (10) | -1.03 | SELL |
| Momentum (10) | -0.25 | SELL |
| EMA (10) | 24.12 | SELL |
| SMA (10) | 24.13 | SELL |
| EMA (20) | 24.24 | SELL |
| SMA (20) | 24.15 | SELL |
| EMA (30) | 24.38 | SELL |
| SMA (30) | 24.32 | SELL |
| EMA (50) | 24.60 | SELL |
| SMA (50) | 24.83 | SELL |
| EMA (100) | 24.74 | SELL |
| SMA (100) | 25.05 | SELL |
| EMA (200) | 24.40 | SELL |
| SMA (200) | 24.72 | SELL |
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.