Verdicts genuinely change. Free email alert the moment HERO'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.
Global X Video Games & Esports ETF ETF · GLOBAL X FUNDS
43 holdings · as of 2026-05-31 (4.6 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 107% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 38.13% of portfolio weight is in non-compliant holdings, over the 5% threshold.
43 holdings, 33 matched (75% of weight). Portfolio as of 2026-05-31, filed 2026-07-29. Source: SEC Form N-PORT.
2.46% of this portfolio’s income is non-permissible — weighted across holdings, computed over 75% of portfolio weight (33 of 43 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.
33.0% compliant 6.4% questionable 35.5% non-compliant 25.1% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| BNYREPOS | UNSCREENED | 7.73% | no in-house ratios for this holding |
| ELECTRONIC ARTS INC. | UNSCREENED | 7.16% | no in-house ratios for this holding |
| TTWO TAKE-TWO INTERACTIVE SOFTWARE, INC. | QUESTIONABLE | 6.82% | AAOIFI7.4% Usmani32.6% Dow Jones Islamic7.5% S&P Shariah8.5% MSCI Islamic32.6% MSCI Islamic M-Series8.5% FTSE Shariah27.9% |
| NTES NETEASE, INC. | NON_COMPLIANT | 6.46% | AAOIFI0.9% Usmani0.3% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.3% MSCI Islamic M-Series0.0% FTSE Shariah0.2% |
| 259960.KS KRAFTON, Inc. | NON_COMPLIANT | 5.70% | AAOIFIfail Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| International Games System Co Ltd | UNSCREENED | 5.49% | no in-house ratios for this holding |
| U UNITY SOFTWARE INC. | COMPLIANT | 5.44% | AAOIFI0.5% Usmani1.3% Dow Jones Islamic0.7% S&P Shariah0.7% MSCI Islamic1.3% MSCI Islamic M-Series0.7% FTSE Shariah0.0% |
| 7974.T Nintendo Co., Ltd. | COMPLIANT | 4.91% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 9766.T KONAMI GROUP CORPORATION | COMPLIANT | 4.76% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 9684.T SQUARE ENIX HOLDINGS CO.,LTD. | COMPLIANT | 4.73% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| CDR.WA CD Projekt SA | NON_COMPLIANT | 4.57% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 9697.T CAPCOM CO., LTD. | COMPLIANT | 4.47% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| RBLX ROBLOX CORPORATION | COMPLIANT | 3.95% | AAOIFI5.7% Usmani18.8% Dow Jones Islamic3.5% S&P Shariah4.2% MSCI Islamic18.8% MSCI Islamic M-Series4.2% FTSE Shariah10.4% |
| NC Corporation | UNSCREENED | 3.95% | no in-house ratios for this holding |
| 3888.HK KINGSOFT CORPORATION LIMITED | NON_COMPLIANT | 3.09% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BILI BILIBILI INC. | NON_COMPLIANT | 2.92% | AAOIFI121.1% Usmani19.9% Dow Jones Islamic12.7% S&P Shariah14.7% MSCI Islamic19.9% MSCI Islamic M-Series14.7% FTSE Shariah19.5% |
| 3659.T NEXON Co., Ltd. | NON_COMPLIANT | 2.89% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 6460.T SEGA SAMMY HOLDINGS INC. | COMPLIANT | 2.53% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| VIV.PA VIVENDI SE | NON_COMPLIANT | 2.36% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2400.HK XD INC. | COMPLIANT | 2.16% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| 0136.HK China Ruyi Holdings Limited | NON_COMPLIANT | 1.90% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 2432.T DeNA Co., Ltd. | NON_COMPLIANT | 1.46% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahpass |
| MTG-B.ST Modern Times Group MTG AB | COMPLIANT | 1.45% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| EMBRAC-B.ST Embracer Group AB | NON_COMPLIANT | 1.22% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 3635.T KOEI TECMO HOLDINGS CO., LTD. | NON_COMPLIANT | 1.20% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Pearl Abyss Corp. | UNSCREENED | 1.14% | no in-house ratios for this holding |
| 251270.KS Netmarble Corporation | NON_COMPLIANT | 0.87% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| CRSR CORSAIR GAMING, INC. | COMPLIANT | 0.77% | AAOIFI12.4% Usmani15.2% Dow Jones Islamic21.1% S&P Shariah19.0% MSCI Islamic15.2% MSCI Islamic M-Series19.0% FTSE Shariah9.7% |
| UBI.PA UBISOFT ENTERTAINMENT SA | NON_COMPLIANT | 0.72% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| 3765.T GungHo Online Entertainment, Inc. | NON_COMPLIANT | 0.52% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| PLTK PLAYTIKA HOLDING CORP. | NON_COMPLIANT | 0.39% | AAOIFI299.1% Usmani76.2% Dow Jones Islamic148.2% S&P Shariah126.3% MSCI Islamic76.2% MSCI Islamic M-Series126.3% FTSE Shariah72.4% |
| 0799.HK IGG Inc | NON_COMPLIANT | 0.37% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| IMMERSION CORPORATION | UNSCREENED | 0.36% | no in-house ratios for this holding |
| 9890.HK Tanwan Inc. | NON_COMPLIANT | 0.36% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| TBCH TURTLE BEACH CORPORATION | NON_COMPLIANT | 0.35% | AAOIFI36.1% Usmani37.5% Dow Jones Islamic29.1% S&P Shariah30.4% MSCI Islamic37.5% MSCI Islamic M-Series30.4% FTSE Shariah37.5% |
| Kakao Games Corp. | UNSCREENED | 0.34% | no in-house ratios for this holding |
| 0777.HK NETDRAGON WEBSOFT HOLDINGS LIMITED | NON_COMPLIANT | 0.32% | AAOIFIfail Usmanipass Dow Jones Islamicfail S&P Shariahfail MSCI Islamicpass MSCI Islamic M-Seriesfail FTSE Shariahpass |
| Wemade Co., Ltd. | UNSCREENED | 0.31% | no in-house ratios for this holding |
| NEXON Games Co., Ltd. | UNSCREENED | 0.30% | no in-house ratios for this holding |
| HUYA HUYA Inc. | NON_COMPLIANT | 0.25% | AAOIFI4.1% Usmani0.3% Dow Jones Islamic0.5% S&P Shariah0.6% MSCI Islamic0.3% MSCI Islamic M-Series0.6% FTSE Shariah0.0% |
| 0434.HK Boyaa Interactive International Ltd | COMPLIANT | 0.22% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 1119.HK iDreamSky Technology Holdings Limited | NON_COMPLIANT | 0.21% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| Devsisters corporation | UNSCREENED | 0.18% | no in-house ratios for this holding |
The published standards disagree about this fund by 42 points of portfolio weight — 53.7% of it passes Dow Jones Islamic, 11.9% 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 36.8% ratios fail on 38.1% 32.4% not rated under AAOIFI
ratios pass on 22.4% ratios fail on 58.0% 27.0% not rated under Usmani
ratios pass on 53.7% ratios fail on 21.2% 32.4% not rated under Dow Jones Islamic
ratios pass on 52.6% ratios fail on 22.3% 32.4% not rated under S&P Shariah
ratios pass on 11.9% ratios fail on 68.4% 27.0% not rated under MSCI Islamic
ratios pass on 49.3% ratios fail on 25.6% 32.4% not rated under MSCI Islamic M-Series
ratios pass on 22.4% ratios fail on 58.0% 27.0% not rated under FTSE Shariah
33 of 43 listed holdings carry our own per-methodology verdicts (80% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 9 (27% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| NTES NETEASE, INC. | 6.46% |
| 259960.KS KRAFTON, Inc. | 5.70% |
| CDR.WA CD Projekt SA | 4.57% |
| 3888.HK KINGSOFT CORPORATION LIMITED | 3.09% |
| BILI BILIBILI INC. | 2.92% |
| 3659.T NEXON Co., Ltd. | 2.89% |
| VIV.PA VIVENDI SE | 2.36% |
| 0136.HK China Ruyi Holdings Limited | 1.90% |
| 2432.T DeNA Co., Ltd. | 1.46% |
| EMBRAC-B.ST Embracer Group AB | 1.22% |
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.
HERO 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 HERO — 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) | 54.90 | NEUTRAL |
| Stochastic %K (14) | 76.01 | NEUTRAL |
| CCI (20) | 126.35 | SELL |
| Williams %R (14) | -23.99 | NEUTRAL |
| MACD (12,26,9) | 0.05 | BUY |
| ROC (10) | 1.04 | BUY |
| Momentum (10) | 0.28 | BUY |
| EMA (10) | 27.45 | BUY |
| SMA (10) | 27.41 | BUY |
| EMA (20) | 27.32 | BUY |
| SMA (20) | 27.25 | BUY |
| EMA (30) | 27.23 | BUY |
| SMA (30) | 27.22 | BUY |
| EMA (50) | 27.02 | BUY |
| SMA (50) | 27.25 | BUY |
| EMA (100) | 26.80 | BUY |
| SMA (100) | 26.19 | BUY |
| EMA (200) | 27.47 | BUY |
| SMA (200) | 26.72 | BUY |
The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the underlying index. The underlying index is designed to provide exposure to exchange-listed companies that are positioned to benefit from increased consumption related to video games and esports. 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 | 43 |
| 🕐 1H | BULLISH | 21 |
| ⏱ 15-Min | BULLISH | 86 |
| ⏲ 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 2026-10-13 · Asset managers net 915835 (+9220)
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.