Verdicts genuinely change. Free email alert the moment HSTRX'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.
HUSSMAN STRATEGIC TOTAL RETURN FUND · Hussman Investment Trust
52 holdings
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 108% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 87.10% of portfolio weight is in non-compliant holdings, over the 5% threshold.
85.86% 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.
52 holdings, 46 matched (83% of weight). Portfolio as of 2026-06-30, filed 2026-08-28. Source: SEC Form N-PORT.
12.52% of this portfolio’s income is non-permissible — weighted across holdings, computed over 2% of portfolio weight (28 of 52 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.
3.1% compliant 0.0% questionable 80.4% non-compliant 16.5% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 24.93% | no in-house ratios for this holding |
| SHORT-TERM INVESTMENTS TRUST | UNSCREENED | 17.59% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 13.08% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 11.17% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 11.03% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 7.53% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 5.93% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 4.59% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 3.77% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 2.01% | no in-house ratios for this holding |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | NON_COMPLIANT | 1.81% | no in-house ratios for this holding |
| NEM NEWMONT CORP | COMPLIANT | 0.85% | AAOIFI3.8% Usmani8.8% Dow Jones Islamic6.1% S&P Shariah7.4% MSCI Islamic8.8% MSCI Islamic M-Series7.4% FTSE Shariah8.8% |
| B BARRICK MINING CORP | COMPLIANT | 0.83% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| AEM AGNICO EAGLE MINES LTD | COMPLIANT | 0.70% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| FXE INVESCO CURRENCYSHARES EURO TRUST | NON_COMPLIANT | 0.30% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| BTO.TO B2GOLD CORP | COMPLIANT | 0.28% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| FXY INVESCO CURRENCYSHARES JAPANESE YEN TRUST | NON_COMPLIANT | 0.27% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| INVESCO CURRENCYSHARES BRITISH POUND STERLING TRUST | UNSCREENED | 0.24% | no in-house ratios for this holding |
| SSRM SSR MINING INC | NON_COMPLIANT | 0.21% | AAOIFI0.9% Usmani1.6% Dow Jones Islamic1.8% S&P Shariah2.2% MSCI Islamic1.6% MSCI Islamic M-Series2.2% FTSE Shariah1.5% |
| RGLD ROYAL GOLD INC | COMPLIANT | 0.15% | AAOIFI1.8% Usmani4.2% Dow Jones Islamic2.7% S&P Shariah3.3% MSCI Islamic4.2% MSCI Islamic M-Series3.3% FTSE Shariah4.2% |
| PAAS PAN AMERICAN SILVER CORP | COMPLIANT | 0.14% | AAOIFI2.4% Usmani7.3% Dow Jones Islamic5.0% S&P Shariah6.3% MSCI Islamic7.3% MSCI Islamic M-Series6.3% FTSE Shariah7.3% |
| AU ANGLOGOLD ASHANTI PLC | COMPLIANT | 0.12% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| AGI ALAMOS GOLD INC | COMPLIANT | 0.09% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| KGC KINROSS GOLD CORP | COMPLIANT | 0.07% | AAOIFI1.8% Usmani5.9% Dow Jones Islamic2.9% S&P Shariah3.7% MSCI Islamic5.9% MSCI Islamic M-Series3.7% FTSE Shariah5.9% |
| SBSW SIBANYE-STILLWATER LTD | NON_COMPLIANT | 0.06% | AAOIFI23.4% Usmani30.2% Dow Jones Islamic9.1% S&P Shariah10.7% MSCI Islamic30.2% MSCI Islamic M-Series10.7% FTSE Shariah30.2% |
| NRG NRG ENERGY INC | NON_COMPLIANT | 0.06% | AAOIFI85.9% Usmani53.8% Dow Jones Islamic81.4% S&P Shariah98.7% MSCI Islamic53.8% MSCI Islamic M-Series98.7% FTSE Shariah53.3% |
| AUGO AURA MINERALS INC | COMPLIANT | 0.05% | AAOIFI— Usmani— Dow Jones Islamic— S&P Shariah— MSCI Islamic— MSCI Islamic M-Series— FTSE Shariah— |
| ETR ENTERGY CORP | NON_COMPLIANT | 0.04% | AAOIFI65.8% Usmani43.6% Dow Jones Islamic83.2% S&P Shariah99.2% MSCI Islamic43.5% MSCI Islamic M-Series99.2% FTSE Shariah43.1% |
| ED CONSOLIDATED EDISON INC | NON_COMPLIANT | 0.04% | AAOIFI65.9% Usmani35.2% Dow Jones Islamic73.6% S&P Shariah78.5% MSCI Islamic35.2% MSCI Islamic M-Series78.5% FTSE Shariah34.5% |
| PNW PINNACLE WEST CAPITAL CORP | NON_COMPLIANT | 0.04% | AAOIFI132.7% Usmani48.2% Dow Jones Islamic147.1% S&P Shariah162.0% MSCI Islamic48.2% MSCI Islamic M-Series162.0% FTSE Shariah32.4% |
| OTTR OTTER TAIL CORP | NON_COMPLIANT | 0.03% | AAOIFI32.2% Usmani28.2% Dow Jones Islamic36.0% S&P Shariah36.2% MSCI Islamic28.2% MSCI Islamic M-Series36.2% FTSE Shariah28.2% |
| DTM DT MIDSTREAM INC | COMPLIANT | 0.03% | AAOIFI25.5% Usmani33.0% Dow Jones Islamic30.1% S&P Shariah36.3% MSCI Islamic33.0% MSCI Islamic M-Series36.3% FTSE Shariah32.6% |
| NWE NORTHWESTERN ENERGY GROUP INC | NON_COMPLIANT | 0.03% | AAOIFI80.1% Usmani40.2% Dow Jones Islamic97.3% S&P Shariah105.7% MSCI Islamic40.1% MSCI Islamic M-Series105.7% FTSE Shariah40.1% |
| DUK DUKE ENERGY CORP | NON_COMPLIANT | 0.02% | AAOIFI95.1% Usmani45.3% Dow Jones Islamic98.9% S&P Shariah107.5% MSCI Islamic45.0% MSCI Islamic M-Series107.5% FTSE Shariah44.4% |
| HL HECLA MINING COMPANY | COMPLIANT | 0.02% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| CRC CALIFORNIA RESOURCES CORP | COMPLIANT | 0.02% | AAOIFI28.0% Usmani19.0% Dow Jones Islamic31.5% S&P Shariah34.1% MSCI Islamic19.0% MSCI Islamic M-Series34.1% FTSE Shariah18.0% |
| PORTLAND GENERAL ELECTRIC COMPANY | UNSCREENED | 0.02% | no in-house ratios for this holding |
| SO SOUTHERN COMPANY (THE) | NON_COMPLIANT | 0.02% | AAOIFI68.7% Usmani45.3% Dow Jones Islamic72.3% S&P Shariah78.7% MSCI Islamic44.8% MSCI Islamic M-Series78.7% FTSE Shariah43.8% |
| FE FIRSTENERGY CORP | NON_COMPLIANT | 0.02% | AAOIFI101.8% Usmani48.1% Dow Jones Islamic111.3% S&P Shariah119.2% MSCI Islamic48.0% MSCI Islamic M-Series119.2% FTSE Shariah47.5% |
| EXC EXELON CORP | NON_COMPLIANT | 0.02% | AAOIFI109.9% Usmani42.1% Dow Jones Islamic115.7% S&P Shariah124.5% MSCI Islamic42.1% MSCI Islamic M-Series124.5% FTSE Shariah42.1% |
| AVISTA CORP | UNSCREENED | 0.02% | no in-house ratios for this holding |
| PEG PUBLIC SERVICE ENTERPRISE GROUP INC | NON_COMPLIANT | 0.02% | AAOIFI64.6% Usmani40.3% Dow Jones Islamic59.5% S&P Shariah64.4% MSCI Islamic40.3% MSCI Islamic M-Series64.4% FTSE Shariah40.1% |
| EIX EDISON INTERNATIONAL | NON_COMPLIANT | 0.01% | AAOIFI189.8% Usmani43.9% Dow Jones Islamic173.1% S&P Shariah173.0% MSCI Islamic43.9% MSCI Islamic M-Series173.0% FTSE Shariah42.7% |
| BLACK HILLS CORP | UNSCREENED | 0.01% | no in-house ratios for this holding |
| PPL PPL CORP | NON_COMPLIANT | 0.01% | AAOIFI77.2% Usmani43.2% Dow Jones Islamic78.6% S&P Shariah86.6% MSCI Islamic43.2% MSCI Islamic M-Series86.6% FTSE Shariah43.2% |
| D DOMINION ENERGY INC | NON_COMPLIANT | 0.01% | AAOIFI86.6% Usmani42.8% Dow Jones Islamic102.1% S&P Shariah112.1% MSCI Islamic42.3% MSCI Islamic M-Series112.1% FTSE Shariah41.7% |
| CRESCENT ENERGY COMPANY | UNSCREENED | 0.01% | no in-house ratios for this holding |
| DTE DTE ENERGY COMPANY | NON_COMPLIANT | 0.01% | AAOIFI90.3% Usmani46.4% Dow Jones Islamic93.7% S&P Shariah101.8% MSCI Islamic46.4% MSCI Islamic M-Series101.8% FTSE Shariah45.9% |
| AEP AMERICAN ELECTRIC POWER COMPANY INC | NON_COMPLIANT | 0.01% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HE HAWAIIAN ELECTRIC INDUSTRIES INC | NON_COMPLIANT | 0.01% | AAOIFI120.1% Usmani33.3% Dow Jones Islamic115.4% S&P Shariah129.3% MSCI Islamic27.4% MSCI Islamic M-Series129.3% FTSE Shariah27.0% |
| AEE AMEREN CORP | NON_COMPLIANT | 0.00% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| GWRS GLOBAL WATER RESOURCES INC | NON_COMPLIANT | 0.00% | AAOIFI48.9% Usmani27.2% Dow Jones Islamic48.1% S&P Shariah45.6% MSCI Islamic27.2% MSCI Islamic M-Series45.6% FTSE Shariah27.2% |
All 7 published standards agree about this fund to within 0.1 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 1.7% ratios fail on 1.0% 105.7% not rated under AAOIFI
ratios pass on 1.7% ratios fail on 1.2% 105.5% not rated under Usmani
ratios pass on 1.7% ratios fail on 0.9% 105.8% not rated under Dow Jones Islamic
ratios pass on 1.6% ratios fail on 1.0% 105.8% not rated under S&P Shariah
ratios pass on 1.7% ratios fail on 1.1% 105.5% not rated under MSCI Islamic
ratios pass on 1.6% ratios fail on 1.0% 105.8% not rated under MSCI Islamic M-Series
ratios pass on 1.7% ratios fail on 1.1% 105.5% not rated under FTSE Shariah
36 of 52 listed holdings carry our own per-methodology verdicts (5% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 28 (3% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 24.93% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 13.08% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 11.17% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 11.03% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 7.53% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 5.93% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 4.59% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 3.77% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 2.01% |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT | 1.81% |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
HUSSMAN STRATEGIC TOTAL RETURN FUND (HSTRX) 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 |
|---|---|---|
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBTnot matched to a ticker | 24.93% | Non-compliant |
| SHORT-TERM INVESTMENTS TRUSTnot matched to a ticker | 17.59% | Not screened |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBTnot matched to a ticker | 13.08% | Non-compliant |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBTnot matched to a ticker | 11.17% | Non-compliant |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBTnot matched to a ticker | 11.03% | Non-compliant |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBTnot matched to a ticker | 7.53% | Non-compliant |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBTnot matched to a ticker | 5.93% | Non-compliant |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBTnot matched to a ticker | 4.59% | Non-compliant |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBTnot matched to a ticker | 3.77% | Non-compliant |
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBTnot matched to a ticker | 2.01% | Non-compliant |
Top 10 of 52 holdings, 101.6% 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 HSTRX. 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) | 33.80 | NEUTRAL |
| Stochastic %K (14) | 17.39 | BUY |
| CCI (20) | -61.40 | NEUTRAL |
| Williams %R (14) | -82.61 | BUY |
| MACD (12,26,9) | -0.01 | SELL |
| ROC (10) | -1.12 | SELL |
| Momentum (10) | -0.19 | SELL |
| EMA (10) | 16.85 | SELL |
| SMA (10) | 16.82 | BUY |
| EMA (20) | 16.95 | SELL |
| SMA (20) | 16.98 | SELL |
| EMA (30) | 17.01 | SELL |
| SMA (30) | 17.09 | SELL |
| EMA (50) | 17.08 | SELL |
| SMA (50) | 17.16 | SELL |
| EMA (100) | 17.10 | SELL |
| SMA (100) | 17.14 | SELL |
| EMA (200) | 17.01 | SELL |
| SMA (200) | 17.13 | 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.